XCS7.DE vs. XEON.DE
XCS7.DE (Xtrackers MSCI China UCITS ETF 1D) and XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) are both exchange-traded funds - XCS7.DE is a China Equities fund tracking the MSCI China, while XEON.DE is a Bank Loan fund tracking the Solactive €STR +8.5 Daily Index. Both are passively managed. Over the past 3 years, XCS7.DE returned 7.69%/yr vs 2.99%/yr for XEON.DE. At a correlation of -0.03, they often move in opposite directions. XCS7.DE charges 0.28%/yr vs 0.10%/yr for XEON.DE.
Performance
XCS7.DE vs. XEON.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCS7.DE achieves a -6.89% return, which is significantly lower than XEON.DE's 0.80% return.
XCS7.DE
- 1D
- -0.23%
- 1M
- -1.94%
- YTD
- -6.89%
- 6M
- -8.38%
- 1Y
- 2.79%
- 3Y*
- 7.69%
- 5Y*
- —
- 10Y*
- —
XEON.DE
- 1D
- -0.01%
- 1M
- 0.15%
- YTD
- 0.80%
- 6M
- 0.97%
- 1Y
- 1.97%
- 3Y*
- 2.99%
- 5Y*
- 1.94%
- 10Y*
- 0.70%
XCS7.DE vs. XEON.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XCS7.DE Xtrackers MSCI China UCITS ETF 1D | -6.89% | 16.53% | 27.49% | -14.73% | 4.09% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.80% | 2.25% | 3.78% | 3.30% | 0.16% |
Correlation
The correlation between XCS7.DE and XEON.DE 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 | -0.05 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2022 | -0.03 |
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Return for Risk
XCS7.DE vs. XEON.DE — Risk / Return Rank
XCS7.DE
XEON.DE
XCS7.DE vs. XEON.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI China UCITS ETF 1D (XCS7.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.
| XCS7.DE | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.78 | ||
| Sortino ratioReturn per unit of downside risk | -20.89 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 4.27 | -3.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 69.36 | -69.20 |
| Martin ratioReturn relative to average drawdown | 0.34 | 316.53 | -316.19 |
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
| XCS7.DE | XEON.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 8.94 | -8.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 7.54 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.74 | -0.54 |
Drawdowns
XCS7.DE vs. XEON.DE - Drawdown Comparison
The maximum XCS7.DE drawdown since its inception was -36.62%, 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 XCS7.DE and XEON.DE.
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Drawdown Indicators
| XCS7.DE | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.62% | -3.71% | -32.91% |
Max Drawdown (1Y)Largest decline over 1 year | -17.01% | -0.03% | -16.98% |
Max Drawdown (3Y)Largest decline over 3 years | -24.53% | -0.08% | -24.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.25% | — |
Current DrawdownCurrent decline from peak | -14.97% | -0.01% | -14.96% |
Average DrawdownAverage peak-to-trough decline | -15.59% | -0.92% | -14.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.18% | 0.01% | +8.17% |
Volatility
XCS7.DE vs. XEON.DE - Volatility Comparison
Xtrackers MSCI China UCITS ETF 1D (XCS7.DE) has a higher volatility of 7.33% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 0.04%. This indicates that XCS7.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.
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Volatility by Period
| XCS7.DE | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.33% | 0.04% | +7.29% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 0.16% | +13.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.48% | 0.22% | +18.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.65% | 0.25% | +25.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.65% | 0.39% | +25.26% |
XCS7.DE vs. XEON.DE - Expense Ratio Comparison
XCS7.DE has a 0.28% expense ratio, which is higher than XEON.DE's 0.10% expense ratio.
Dividends
XCS7.DE vs. XEON.DE - Dividend Comparison
XCS7.DE's dividend yield for the trailing twelve months is around 2.11%, while XEON.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
XCS7.DE Xtrackers MSCI China UCITS ETF 1D | 2.11% | 2.35% | 2.05% | 3.49% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XCS7.DE and XEON.DE 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.
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 0.28% for XCS7.DE.
XCS7.DE is categorized as China Equities, while XEON.DE is Bank Loan. XCS7.DE tracks MSCI China, while XEON.DE tracks Solactive €STR +8.5 Daily Index. Their fees differ too: 0.28% for XCS7.DE and 0.10% for XEON.DE.
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