XDEW.DE vs. XEON.DE
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) and XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) are both exchange-traded funds - XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight 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, XDEW.DE returned 11.25%/yr vs 0.70%/yr for XEON.DE. At a correlation of -0.01, they often move in opposite directions. XDEW.DE charges 0.20%/yr vs 0.10%/yr for XEON.DE.
Performance
XDEW.DE vs. XEON.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDEW.DE achieves a 10.39% return, which is significantly higher than XEON.DE's 0.80% return. Over the past 10 years, XDEW.DE has outperformed XEON.DE with an annualized return of 11.25%, while XEON.DE has yielded a comparatively lower 0.70% annualized return.
XDEW.DE
- 1D
- 0.30%
- 1M
- 3.90%
- YTD
- 10.39%
- 6M
- 10.29%
- 1Y
- 18.10%
- 3Y*
- 12.12%
- 5Y*
- 9.22%
- 10Y*
- 11.25%
XEON.DE
- 1D
- -0.01%
- 1M
- 0.15%
- YTD
- 0.80%
- 6M
- 0.95%
- 1Y
- 1.95%
- 3Y*
- 2.99%
- 5Y*
- 1.94%
- 10Y*
- 0.70%
XDEW.DE vs. XEON.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 10.39% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.25% | -4.52% | 4.00% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.80% | 2.25% | 3.78% | 3.30% | -0.04% | -0.58% | -0.57% | -0.49% | -0.47% | -0.52% |
Correlation
The correlation between XDEW.DE and XEON.DE is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2014 | -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
XDEW.DE vs. XEON.DE — Risk / Return Rank
XDEW.DE
XEON.DE
XDEW.DE vs. XEON.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
| XDEW.DE | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.28 | ||
| Sortino ratioReturn per unit of downside risk | -18.89 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 4.27 | -2.97 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 69.36 | -65.85 |
| Martin ratioReturn relative to average drawdown | 10.36 | 316.53 | -306.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XDEW.DE | XEON.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 8.94 | -7.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 7.54 | -6.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 1.78 | -1.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.74 | -0.06 |
Drawdowns
XDEW.DE vs. XEON.DE - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, 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 XDEW.DE and XEON.DE.
Loading charts...
Drawdown Indicators
| XDEW.DE | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -3.71% | -35.08% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -0.03% | -5.03% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -0.08% | -22.62% |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | -0.71% | -21.99% |
Max Drawdown (10Y)Largest decline over 10 years | -38.79% | -3.25% | -35.54% |
Current DrawdownCurrent decline from peak | 0.00% | -0.01% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -0.92% | -4.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 0.01% | +1.71% |
Volatility
XDEW.DE vs. XEON.DE - Volatility Comparison
Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) has a higher volatility of 2.06% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 0.04%. This indicates that XDEW.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
| XDEW.DE | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 0.04% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 6.75% | 0.16% | +6.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.70% | 0.22% | +10.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.89% | 0.25% | +14.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 0.39% | +16.47% |
XDEW.DE vs. XEON.DE - Expense Ratio Comparison
XDEW.DE has a 0.20% expense ratio, which is higher than XEON.DE's 0.10% 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
XDEW.DE vs. XEON.DE - Dividend Comparison
Neither XDEW.DE nor XEON.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEW.DE and XEON.DE have a correlation of -0.01, 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 0.20% for XDEW.DE.
XDEW.DE is categorized as S&P 500, while XEON.DE is Bank Loan. XDEW.DE tracks S&P 500 Equal Weight Index, while XEON.DE tracks Solactive €STR +8.5 Daily Index. Their fees differ too: 0.20% for XDEW.DE and 0.10% for XEON.DE.
Find the right allocation for XDEW.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