XCS3.DE vs. XEON.DE
XCS3.DE (Xtrackers MSCI Malaysia UCITS ETF (Acc)) and XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) are both exchange-traded funds - XCS3.DE is a Asia Pacific Equities fund tracking the MSCI Malaysia Index, while XEON.DE is a Bank Loan fund tracking the Solactive €STR +8.5 Daily Index. Both are passively managed. Over the past 10 years, XCS3.DE returned 1.97%/yr vs 0.72%/yr for XEON.DE. At a 0.02 correlation, their price movements are largely independent. XCS3.DE charges 0.50%/yr vs 0.10%/yr for XEON.DE.
Performance
XCS3.DE vs. XEON.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XCS3.DE achieves a 4.19% return, which is significantly higher than XEON.DE's 0.98% return. Over the past 10 years, XCS3.DE has outperformed XEON.DE with an annualized return of 1.97%, while XEON.DE has yielded a comparatively lower 0.72% annualized return.
XCS3.DE
- 1D
- 1.39%
- 1M
- -0.08%
- 6M
- 4.28%
- YTD
- 4.19%
- 1Y
- 19.31%
- 3Y*
- 12.77%
- 5Y*
- 5.98%
- 10Y*
- 1.97%
XEON.DE
- 1D
- 0.00%
- 1M
- 0.17%
- 6M
- 0.97%
- YTD
- 0.98%
- 1Y
- 1.98%
- 3Y*
- 2.96%
- 5Y*
- 1.98%
- 10Y*
- 0.72%
XCS3.DE vs. XEON.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XCS3.DE Xtrackers MSCI Malaysia UCITS ETF (Acc) | 4.19% | 3.11% | 26.75% | -7.60% | 1.23% | -1.02% | -6.99% | 1.63% | -1.88% | 9.03% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.98% | 2.25% | 3.78% | 3.30% | -0.04% | -0.58% | -0.57% | -0.49% | -0.47% | -0.52% |
Correlation
The correlation between XCS3.DE and XEON.DE is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2011 | 0.02 |
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
XCS3.DE vs. XEON.DE — Risk / Return Rank
XCS3.DE
XEON.DE
XCS3.DE vs. XEON.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) and Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.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.
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.
| XCS3.DE | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.69 | ||
| Sortino ratioReturn per unit of downside risk | -19.97 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 4.45 | -3.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 69.56 | -67.12 |
| Martin ratioReturn relative to average drawdown | 6.95 | 323.59 | -316.64 |
Loading charts...
Drawdowns
XCS3.DE vs. XEON.DE - Drawdown Comparison
The maximum XCS3.DE drawdown since its inception was -43.32%, which is greater than XEON.DE's maximum drawdown of -3.71%. Use the drawdown chart below to compare losses from any high point for XCS3.DE and XEON.DE.
Loading charts...
Drawdown Indicators
| XCS3.DE | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.32% | -3.71% | -39.61% |
Max Drawdown (1Y)Largest decline over 1 year | -7.85% | -0.03% | -7.82% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -0.08% | -21.75% |
Max Drawdown (5Y)Largest decline over 5 years | -21.83% | -0.66% | -21.17% |
Max Drawdown (10Y)Largest decline over 10 years | -35.49% | -3.21% | -32.28% |
Current DrawdownCurrent decline from peak | -6.19% | 0.00% | -6.19% |
Average DrawdownAverage peak-to-trough decline | -17.45% | -0.88% | -16.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 0.01% | +2.75% |
Volatility
XCS3.DE vs. XEON.DE - Volatility Comparison
Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) has a higher volatility of 3.88% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 0.05%. This indicates that XCS3.DE's price experiences larger fluctuations and is considered to be riskier than XEON.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XCS3.DE | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 0.05% | +3.83% |
Volatility (6M)Calculated over the trailing 6-month period | 10.90% | 0.15% | +10.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.06% | 0.22% | +13.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.17% | 0.25% | +12.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 0.39% | +14.64% |
XCS3.DE vs. XEON.DE - Expense Ratio Comparison
XCS3.DE has a 0.50% expense ratio, which is higher than XEON.DE's 0.10% expense ratio.
Dividends
XCS3.DE vs. XEON.DE - Dividend Comparison
Neither XCS3.DE nor XEON.DE has paid dividends to shareholders.
Frequently Asked Questions
XCS3.DE and XEON.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEON.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEON.DE is cheaper with a 0.10% expense ratio, compared with 0.50% for XCS3.DE.
XCS3.DE is categorized as Asia Pacific Equities, while XEON.DE is Bank Loan. XCS3.DE tracks MSCI Malaysia Index, while XEON.DE tracks Solactive €STR +8.5 Daily Index. Their fees differ too: 0.50% for XCS3.DE and 0.10% for XEON.DE.
Find the right allocation for XCS3.DE and XEON.DE
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