XDPD.DE vs. XEON.DE
XDPD.DE (Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist)) and XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) are both exchange-traded funds - XDPD.DE is a S&P 500 fund tracking the S&P 500 Index (EUR Hedged), while XEON.DE is a Bank Loan fund tracking the Solactive €STR +8.5 Daily Index. Both are passively managed. Over the past 5 years, XDPD.DE returned 10.14%/yr vs 1.98%/yr for XEON.DE. At a 0.00 correlation, their price movements are largely independent. XDPD.DE charges 0.20%/yr vs 0.10%/yr for XEON.DE.
Performance
XDPD.DE vs. XEON.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDPD.DE achieves a 7.76% return, which is significantly higher than XEON.DE's 0.98% return.
XDPD.DE
- 1D
- 0.19%
- 1M
- -1.01%
- 6M
- 8.74%
- YTD
- 7.76%
- 1Y
- 17.59%
- 3Y*
- 17.59%
- 5Y*
- 10.14%
- 10Y*
- —
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%
XDPD.DE vs. XEON.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XDPD.DE Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) | 7.76% | 15.06% | 22.79% | 23.30% | -21.97% | 28.50% | 15.04% | 27.19% | -9.26% |
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% | -0.07% |
Correlation
The correlation between XDPD.DE and XEON.DE is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018 | 0.00 |
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
XDPD.DE vs. XEON.DE — Risk / Return Rank
XDPD.DE
XEON.DE
XDPD.DE vs. XEON.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) (XDPD.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.
| XDPD.DE | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.60 | ||
| Sortino ratioReturn per unit of downside risk | -19.78 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 4.45 | -3.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 69.56 | -67.55 |
| Martin ratioReturn relative to average drawdown | 8.10 | 323.59 | -315.50 |
Loading charts...
Drawdowns
XDPD.DE vs. XEON.DE - Drawdown Comparison
The maximum XDPD.DE drawdown since its inception was -34.14%, 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 XDPD.DE and XEON.DE.
Loading charts...
Drawdown Indicators
| XDPD.DE | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.14% | -3.71% | -30.43% |
Max Drawdown (1Y)Largest decline over 1 year | -8.67% | -0.03% | -8.64% |
Max Drawdown (3Y)Largest decline over 3 years | -18.51% | -0.08% | -18.43% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -0.66% | -25.52% |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.21% | — |
Current DrawdownCurrent decline from peak | -1.57% | 0.00% | -1.57% |
Average DrawdownAverage peak-to-trough decline | -5.85% | -0.88% | -4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 0.01% | +2.16% |
Volatility
XDPD.DE vs. XEON.DE - Volatility Comparison
Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) (XDPD.DE) has a higher volatility of 4.04% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 0.05%. This indicates that XDPD.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
| XDPD.DE | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.04% | 0.05% | +3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 9.20% | 0.15% | +9.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.06% | 0.22% | +11.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 0.25% | +15.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.69% | 0.39% | +17.30% |
XDPD.DE vs. XEON.DE - Expense Ratio Comparison
XDPD.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
XDPD.DE vs. XEON.DE - Dividend Comparison
XDPD.DE's dividend yield for the trailing twelve months is around 0.71%, while XEON.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
XDPD.DE Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) | 0.71% | 0.80% | 0.89% | 1.04% | 1.91% | 0.85% | 1.43% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XDPD.DE and XEON.DE have a correlation of 0.02, 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 XDPD.DE.
XDPD.DE is categorized as S&P 500, while XEON.DE is Bank Loan. XDPD.DE tracks S&P 500 Index (EUR Hedged), while XEON.DE tracks Solactive €STR +8.5 Daily Index. Their fees differ too: 0.20% for XDPD.DE and 0.10% for XEON.DE.
Find the right allocation for XDPD.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