XDEQ.DE vs. D6RQ.DE

Last updated Jul 21, 2026

XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) and D6RQ.DE (Deka MSCI USA Climate Change ESG UCITS ETF) are both exchange-traded funds - XDEQ.DE is a Global Equities fund tracking the MSCI ACWI NR USD, while D6RQ.DE is a Large Cap Blend Equities fund tracking the MSCI USA Climate Change ESG Select. Both are passively managed. Over the past 5 years, XDEQ.DE returned 10.70%/yr vs 15.26%/yr for D6RQ.DE. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

XDEQ.DE vs. D6RQ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) and Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XDEQ.DE having a 12.57% return and D6RQ.DE slightly higher at 12.69%.

XDEQ.DE

• 1D: 0.15%
• 1M: 1.66%
• 6M: 10.45%
• YTD: 12.57%
• 1Y: 22.01%
• 3Y*: 15.57%
• 5Y*: 10.70%
• 10Y*: 12.19%
• ALL TIME*: 9.57%

D6RQ.DE

• 1D: 0.00%
• 1M: -0.78%
• 6M: 14.01%
• YTD: 12.69%
• 1Y: 26.37%
• 3Y*: 21.30%
• 5Y*: 15.26%
• 10Y*: —
• ALL TIME*: 19.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDEQ.DE vs. D6RQ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C	12.57%	2.87%	23.81%	21.83%	-14.80%	34.39%	12.11%
D6RQ.DE Deka MSCI USA Climate Change ESG UCITS ETF	12.69%	4.36%	42.08%	34.15%	-22.07%	41.44%	17.63%

Correlation

The correlation between XDEQ.DE and D6RQ.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 26, 2020	0.87

The correlation between XDEQ.DE and D6RQ.DE shifts across timeframes, from 0.78 (1 year) to 0.89 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XDEQ.DE vs. D6RQ.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDEQ.DE

XDEQ.DE Risk / Return Rank: 86
XDEQ.DE Sharpe Ratio Rank: 86
XDEQ.DE Sortino Ratio Rank: 85
XDEQ.DE Omega Ratio Rank: 85
XDEQ.DE Calmar Ratio Rank: 86
XDEQ.DE Martin Ratio Rank: 90

D6RQ.DE

D6RQ.DE Risk / Return Rank: 63
D6RQ.DE Sharpe Ratio Rank: 71
D6RQ.DE Sortino Ratio Rank: 68
D6RQ.DE Omega Ratio Rank: 67
D6RQ.DE Calmar Ratio Rank: 57
D6RQ.DE Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDEQ.DE vs. D6RQ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) and Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.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.

	XDEQ.DE	D6RQ.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.08	1.71	+0.37
Sortino ratio: Return per unit of downside risk	2.94	2.33	+0.61
Omega ratio: Gain probability vs. loss probability	1.38	1.29	+0.09
Calmar ratio: Return relative to maximum drawdown	3.52	2.14	+1.38
Martin ratio: Return relative to average drawdown	14.82	6.11	+8.71

XDEQ.DE vs. D6RQ.DE - Sharpe Ratio Comparison

The current XDEQ.DE Sharpe Ratio is 2.08, which is comparable to the D6RQ.DE Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of XDEQ.DE and D6RQ.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XDEQ.DE vs. D6RQ.DE - Drawdown Comparison

The maximum XDEQ.DE drawdown since its inception was -32.18%, which is greater than D6RQ.DE's maximum drawdown of -27.29%. Use the drawdown chart below to compare losses from any high point for XDEQ.DE and D6RQ.DE.

Drawdown Indicators

	XDEQ.DE	D6RQ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.18%	-27.29%	-4.89%
Max Drawdown (1Y) Largest decline over 1 year	-6.22%	-12.28%	+6.06%
Max Drawdown (3Y) Largest decline over 3 years	-20.59%	-27.29%	+6.70%
Max Drawdown (5Y) Largest decline over 5 years	-20.59%	-27.29%	+6.70%
Max Drawdown (10Y) Largest decline over 10 years	-32.18%	—	—
Current Drawdown Current decline from peak	-1.07%	-2.53%	+1.46%
Average Drawdown Average peak-to-trough decline	-6.53%	-5.68%	-0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.48%	4.30%	-2.82%

Volatility

XDEQ.DE vs. D6RQ.DE - Volatility Comparison

The current volatility for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) is 2.75%, while Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.DE) has a volatility of 4.63%. This indicates that XDEQ.DE experiences smaller price fluctuations and is considered to be less risky than D6RQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDEQ.DE	D6RQ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.75%	4.63%	-1.88%
Volatility (6M) Calculated over the trailing 6-month period	7.28%	11.02%	-3.74%
Volatility (1Y) Calculated over the trailing 1-year period	10.55%	15.42%	-4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.13%	17.88%	-3.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.82%	17.56%	-1.74%

XDEQ.DE vs. D6RQ.DE - Expense Ratio Comparison

Both XDEQ.DE and D6RQ.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

XDEQ.DE vs. D6RQ.DE - Dividend Comparison

XDEQ.DE has not paid dividends to shareholders, while D6RQ.DE's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020
D6RQ.DE Deka MSCI USA Climate Change ESG UCITS ETF	0.38%	0.53%	0.39%	0.60%	0.80%	0.46%	0.25%
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDEQ.DE and D6RQ.DE in my portfolio?

XDEQ.DE and D6RQ.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEQ.DE or D6RQ.DE?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEQ.DE or D6RQ.DE?

XDEQ.DE and D6RQ.DE have the same expense ratio: 0.25% per year.

What is the main difference between XDEQ.DE and D6RQ.DE?

XDEQ.DE is categorized as Global Equities, while D6RQ.DE is Large Cap Blend Equities. XDEQ.DE tracks MSCI ACWI NR USD, while D6RQ.DE tracks MSCI USA Climate Change ESG Select. They also come from different issuers: Xtrackers and Deka.