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 -0.67%/yr vs 1.14%/yr for USD=X. At a 0.15 correlation, their price movements are largely independent.
Performance
XCO2.DE vs. USD=X - Performance Comparison
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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 0.67% return, which is significantly lower than USD=X's 1.96% return.
XCO2.DE
- 1D
- 0.16%
- 1M
- 0.43%
- YTD
- 0.67%
- 6M
- 0.74%
- 1Y
- 1.74%
- 3Y*
- 3.31%
- 5Y*
- -0.67%
- 10Y*
- —
USD=X
- 1D
- 0.00%
- 1M
- 1.97%
- YTD
- 1.96%
- 6M
- 1.05%
- 1Y
- -0.66%
- 3Y*
- -2.44%
- 5Y*
- 1.14%
- 10Y*
- -0.11%
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 | 0.67% | 1.13% | 4.41% | 5.82% | -15.31% | -2.31% | 3.85% | -2.24% |
USD=X USD Cash | 1.96% | -11.87% | 6.60% | -3.00% | 6.20% | 7.48% | -8.24% | -2.50% |
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 | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 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.
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Return for Risk
XCO2.DE vs. USD=X — Risk / Return Rank
XCO2.DE
USD=X
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.
| XCO2.DE | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.98 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | -0.21 | +0.91 |
| Martin ratioReturn relative to average drawdown | 2.22 | -0.44 | +2.66 |
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
| XCO2.DE | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | -0.17 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | 0.15 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.01 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | 0.10 | -0.26 |
Drawdowns
XCO2.DE vs. USD=X - Drawdown Comparison
The maximum XCO2.DE drawdown since its inception was -17.90%, 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.
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Drawdown Indicators
| XCO2.DE | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.90% | -20.32% | +2.42% |
Max Drawdown (1Y)Largest decline over 1 year | -2.36% | -5.39% | +3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -2.45% | -15.23% | +12.78% |
Max Drawdown (5Y)Largest decline over 5 years | -17.26% | -20.32% | +3.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.32% | — |
Current DrawdownCurrent decline from peak | -7.63% | -16.71% | +9.08% |
Average DrawdownAverage peak-to-trough decline | -8.62% | -9.47% | +0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 1.89% | -1.14% |
Volatility
XCO2.DE vs. USD=X - Volatility Comparison
The current volatility for Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc (XCO2.DE) is 0.81%, while USD Cash (USD=X) has a volatility of 1.44%. This indicates that XCO2.DE experiences smaller price fluctuations and is considered to be less risky than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCO2.DE | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | 1.44% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 2.01% | 4.59% | -2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.55% | 5.46% | -2.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.88% | 6.44% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 6.21% | -0.96% |
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.
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