XDEQ.DE vs. XCMC.DE
XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) and XCMC.DE (Xtrackers Bloomberg Commodity Swap UCITS ETF 1C) are both exchange-traded funds - XDEQ.DE is a Global Equities fund tracking the MSCI ACWI NR USD, while XCMC.DE is a Commodities fund tracking the Bloomberg Commodity 3 Month Forward. Both are passively managed. Over the past 3 years, XDEQ.DE returned 15.18%/yr vs 11.29%/yr for XCMC.DE. At a 0.15 correlation, their price movements are largely independent. XDEQ.DE charges 0.25%/yr vs 0.19%/yr for XCMC.DE.
Performance
XDEQ.DE vs. XCMC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEQ.DE achieves a 9.48% return, which is significantly lower than XCMC.DE's 28.51% return.
XDEQ.DE
- 1D
- 0.79%
- 1M
- 3.10%
- YTD
- 9.48%
- 6M
- 9.63%
- 1Y
- 19.01%
- 3Y*
- 15.18%
- 5Y*
- 11.42%
- 10Y*
- 12.38%
XCMC.DE
- 1D
- -1.20%
- 1M
- 0.63%
- YTD
- 28.51%
- 6M
- 19.13%
- 1Y
- 28.46%
- 3Y*
- 11.29%
- 5Y*
- —
- 10Y*
- —
XDEQ.DE vs. XCMC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 9.48% | 2.87% | 23.81% | 21.83% | -14.94% | 3.01% |
XCMC.DE Xtrackers Bloomberg Commodity Swap UCITS ETF 1C | 28.51% | -2.66% | 11.92% | -9.34% | 24.84% | -11.32% |
Correlation
The correlation between XDEQ.DE and XCMC.DE is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.15 |
The correlation between XDEQ.DE and XCMC.DE shifts across timeframes, from -0.08 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDEQ.DE vs. XCMC.DE — Risk / Return Rank
XDEQ.DE
XCMC.DE
XDEQ.DE vs. XCMC.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 Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.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.
| XDEQ.DE | XCMC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.32 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 3.72 | -0.68 |
| Martin ratioReturn relative to average drawdown | 12.17 | 8.44 | +3.74 |
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
| XDEQ.DE | XCMC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 1.66 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.44 | +0.36 |
Drawdowns
XDEQ.DE vs. XCMC.DE - Drawdown Comparison
The maximum XDEQ.DE drawdown since its inception was -32.16%, which is greater than XCMC.DE's maximum drawdown of -22.91%. Use the drawdown chart below to compare losses from any high point for XDEQ.DE and XCMC.DE.
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Drawdown Indicators
| XDEQ.DE | XCMC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.16% | -22.91% | -9.25% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -7.80% | +1.58% |
Max Drawdown (3Y)Largest decline over 3 years | -20.59% | -14.82% | -5.77% |
Max Drawdown (5Y)Largest decline over 5 years | -20.59% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.16% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.42% | +3.42% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -12.68% | +7.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 3.45% | -1.89% |
Volatility
XDEQ.DE vs. XCMC.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) is 2.36%, while Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) has a volatility of 4.94%. This indicates that XDEQ.DE experiences smaller price fluctuations and is considered to be less risky than XCMC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDEQ.DE | XCMC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.36% | 4.94% | -2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 7.32% | 15.31% | -7.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.64% | 17.48% | -6.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.12% | 17.33% | -3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 17.33% | -1.98% |
XDEQ.DE vs. XCMC.DE - Expense Ratio Comparison
XDEQ.DE has a 0.25% expense ratio, which is higher than XCMC.DE's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XDEQ.DE vs. XCMC.DE - Dividend Comparison
Neither XDEQ.DE nor XCMC.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEQ.DE and XCMC.DE have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XCMC.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XCMC.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for XDEQ.DE.
XDEQ.DE is categorized as Global Equities, while XCMC.DE is Commodities. XDEQ.DE tracks MSCI ACWI NR USD, while XCMC.DE tracks Bloomberg Commodity 3 Month Forward. Their fees differ too: 0.25% for XDEQ.DE and 0.19% for XCMC.DE.
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