XCMC.DE vs. XNAS.DE
XCMC.DE (Xtrackers Bloomberg Commodity Swap UCITS ETF 1C) and XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) are both exchange-traded funds - XCMC.DE is a Commodities fund tracking the Bloomberg Commodity 3 Month Forward, while XNAS.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 3 years, XCMC.DE returned 11.29%/yr vs 24.64%/yr for XNAS.DE. At a 0.11 correlation, their price movements are largely independent. XCMC.DE charges 0.19%/yr vs 0.20%/yr for XNAS.DE.
Performance
XCMC.DE vs. XNAS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCMC.DE achieves a 28.51% return, which is significantly higher than XNAS.DE's 20.53% return.
XCMC.DE
- 1D
- -1.20%
- 1M
- -1.31%
- YTD
- 28.51%
- 6M
- 19.96%
- 1Y
- 29.14%
- 3Y*
- 11.29%
- 5Y*
- —
- 10Y*
- —
XNAS.DE
- 1D
- -0.83%
- 1M
- 9.23%
- YTD
- 20.53%
- 6M
- 19.39%
- 1Y
- 37.85%
- 3Y*
- 24.64%
- 5Y*
- 18.79%
- 10Y*
- —
XCMC.DE vs. XNAS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XCMC.DE Xtrackers Bloomberg Commodity Swap UCITS ETF 1C | 28.51% | -2.66% | 11.92% | -9.34% | 24.84% | -11.32% |
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 20.53% | 7.11% | 33.75% | 51.36% | -29.99% | 3.97% |
Correlation
The correlation between XCMC.DE and XNAS.DE is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.11 |
The correlation between XCMC.DE and XNAS.DE shifts across timeframes, from 0.02 (1 year) to 0.13 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
XCMC.DE vs. XNAS.DE — Risk / Return Rank
XCMC.DE
XNAS.DE
XCMC.DE vs. XNAS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| XCMC.DE | XNAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.42 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | 3.77 | -0.05 |
| Martin ratioReturn relative to average drawdown | 8.44 | 11.16 | -2.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XCMC.DE | XNAS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 2.40 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.91 | -0.46 |
Drawdowns
XCMC.DE vs. XNAS.DE - Drawdown Comparison
The maximum XCMC.DE drawdown since its inception was -22.91%, smaller than the maximum XNAS.DE drawdown of -31.25%. Use the drawdown chart below to compare losses from any high point for XCMC.DE and XNAS.DE.
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Drawdown Indicators
| XCMC.DE | XNAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.91% | -31.25% | +8.34% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -10.00% | +2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -14.82% | -26.72% | +11.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.25% | — |
Current DrawdownCurrent decline from peak | -3.42% | -0.83% | -2.59% |
Average DrawdownAverage peak-to-trough decline | -12.68% | -7.83% | -4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 3.38% | +0.07% |
Volatility
XCMC.DE vs. XNAS.DE - Volatility Comparison
Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) has a higher volatility of 4.94% compared to Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) at 4.31%. This indicates that XCMC.DE's price experiences larger fluctuations and is considered to be riskier than XNAS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCMC.DE | XNAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 4.31% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 15.31% | 10.91% | +4.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.48% | 15.71% | +1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.33% | 19.88% | -2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.33% | 19.84% | -2.51% |
XCMC.DE vs. XNAS.DE - Expense Ratio Comparison
XCMC.DE has a 0.19% expense ratio, which is lower than XNAS.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XCMC.DE vs. XNAS.DE - Dividend Comparison
Neither XCMC.DE nor XNAS.DE has paid dividends to shareholders.
Frequently Asked Questions
XCMC.DE and XNAS.DE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XCMC.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XCMC.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for XNAS.DE.
XCMC.DE is categorized as Commodities, while XNAS.DE is Nasdaq-100. XCMC.DE tracks Bloomberg Commodity 3 Month Forward, while XNAS.DE tracks Nasdaq 100®. Their fees differ too: 0.19% for XCMC.DE and 0.20% for XNAS.DE.
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