XCO2.DE vs. USD=X
XCO2.DE (Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc) is Global Corporate Bonds fund tracking the Bloomberg Gbl Agg Corp TR USD, while USD=X (USD Cash) is a currency. Over the past 5 years, XCO2.DE returned -1.16%/yr vs 0.63%/yr for USD=X. At a 0.15 correlation, their price movements are largely independent.
Performance
XCO2.DE vs. USD=X - Performance Comparison
Loading charts...
Different Trading Currencies
XCO2.DE is traded in EUR, while USD=X is traded in USD. To make them comparable, the USD=X values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XCO2.DE achieves a 0.74% return, which is significantly lower than USD=X's 2.97% return.
XCO2.DE
- 1D
- 0.00%
- 1M
- -0.16%
- 6M
- 0.31%
- YTD
- 0.74%
- 1Y
- 1.97%
- 3Y*
- 3.66%
- 5Y*
- -1.16%
- 10Y*
- —
- ALL TIME*
- -0.61%
USD=X
- 1D
- 0.00%
- 1M
- 0.46%
- 6M
- 2.78%
- YTD
- 2.97%
- 1Y
- 2.50%
- 3Y*
- -0.83%
- 5Y*
- 0.63%
- 10Y*
- -0.38%
- ALL TIME*
- 1.17%
XCO2.DE vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XCO2.DE Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc | 0.74% | 1.12% | 4.38% | 5.87% | -15.35% | -2.28% | 3.83% | -0.80% |
USD=X USD Cash | 2.97% | -11.87% | 6.60% | -3.00% | 6.20% | 7.48% | -8.24% | -1.32% |
Correlation
The correlation between XCO2.DE and USD=X is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2019 | 0.15 |
The correlation between XCO2.DE and USD=X shifts across timeframes, from -0.00 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XCO2.DE vs. USD=X — Risk / Return Rank
XCO2.DE
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XCO2.DE vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc (XCO2.DE) and USD Cash (USD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XCO2.DE | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.08 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 0.57 | +0.27 |
| Martin ratioReturn relative to average drawdown | 2.52 | 1.30 | +1.22 |
Loading charts...
Drawdowns
XCO2.DE vs. USD=X - Drawdown Comparison
The maximum XCO2.DE drawdown since its inception was -17.88%, smaller than the maximum USD=X drawdown of -20.32%. Use the drawdown chart below to compare losses from any high point for XCO2.DE and USD=X.
Loading charts...
Drawdown Indicators
| XCO2.DE | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.88% | -20.32% | +2.44% |
Max Drawdown (1Y)Largest decline over 1 year | -2.33% | -5.33% | +3.00% |
Max Drawdown (3Y)Largest decline over 3 years | -2.47% | -15.23% | +12.76% |
Max Drawdown (5Y)Largest decline over 5 years | -17.24% | -20.32% | +3.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.32% | — |
Current DrawdownCurrent decline from peak | -7.57% | -15.88% | +8.31% |
Average DrawdownAverage peak-to-trough decline | -8.52% | -9.38% | +0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 1.77% | -0.99% |
Volatility
XCO2.DE vs. USD=X - Volatility Comparison
Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc (XCO2.DE) has a higher volatility of 1.23% compared to USD Cash (USD=X) at 1.08%. This indicates that XCO2.DE's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XCO2.DE | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 1.08% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 2.27% | 4.62% | -2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.78% | 5.30% | -2.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.87% | 6.42% | -1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.23% | 6.14% | -0.91% |
Frequently Asked Questions
XCO2.DE and USD=X have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for XCO2.DE and USD=X
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer