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XEON.DE vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

XEON.DE vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XEON.DE is traded in EUR, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XEON.DE achieves a 0.80% return, which is significantly higher than BTC-USD's -27.22% return. Over the past 10 years, XEON.DE has underperformed BTC-USD with an annualized return of 0.70%, while BTC-USD has yielded a comparatively higher 59.28% annualized return.


XEON.DE

1D
-0.01%
1M
0.12%
YTD
0.80%
6M
0.97%
1Y
1.94%
3Y*
2.99%
5Y*
1.94%
10Y*
0.70%

BTC-USD

1D
-1.24%
1M
-20.32%
YTD
-27.22%
6M
-30.41%
1Y
-41.51%
3Y*
30.08%
5Y*
12.04%
10Y*
59.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XEON.DE vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
BTC-USD
Bitcoin
-27.22%-17.40%136.59%145.80%-61.85%71.33%271.22%98.48%-73.46%1,229.62%

Correlation

The correlation between XEON.DE and BTC-USD is -0.07, 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

-0.07

Correlation (3Y)
Calculated over the trailing 3-year period

-0.02

Correlation (5Y)
Calculated over the trailing 5-year period

-0.00

Correlation (10Y)
Calculated over the trailing 10-year period

-0.02

Correlation (All Time)
Calculated using the full available price history since Sep 24, 2012

-0.04

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Return for Risk

XEON.DE vs. BTC-USD — Risk / Return Rank

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

XEON.DE
XEON.DE Risk / Return Rank: 9999
Overall Rank
XEON.DE Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
XEON.DE Sortino Ratio Rank: 9999
Sortino Ratio Rank
XEON.DE Omega Ratio Rank: 9999
Omega Ratio Rank
XEON.DE Calmar Ratio Rank: 100100
Calmar Ratio Rank
XEON.DE Martin Ratio Rank: 100100
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 2828
Overall Rank
BTC-USD Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3333
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3333
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4646
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 1616
Martin Ratio Rank
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.

XEON.DE vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) and Bitcoin (BTC-USD). 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.


XEON.DEBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+9.91

Sortino ratioReturn per unit of downside risk

+22.61

Omega ratioGain probability vs. loss probability

4.27

0.85

+3.42

Calmar ratioReturn relative to maximum drawdown

69.36

-0.83

+70.19

Martin ratioReturn relative to average drawdown

316.53

-1.45

+317.98

XEON.DE vs. BTC-USD - Sharpe Ratio Comparison

The current XEON.DE Sharpe Ratio is 8.94, which is higher than the BTC-USD Sharpe Ratio of -0.97. The chart below compares the historical Sharpe Ratios of XEON.DE and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


XEON.DEBTC-USDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

8.94

-0.97

+9.91

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

7.54

0.22

+7.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.78

0.88

+0.90

Sharpe Ratio (All Time)

Calculated using the full available price history

0.74

1.14

-0.40

Drawdowns

XEON.DE vs. BTC-USD - Drawdown Comparison

The maximum XEON.DE drawdown since its inception was -3.71%, smaller than the maximum BTC-USD drawdown of -83.05%. Use the drawdown chart below to compare losses from any high point for XEON.DE and BTC-USD.


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Drawdown Indicators


XEON.DEBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-3.71%

-83.05%

+79.34%

Max Drawdown (1Y)

Largest decline over 1 year

-0.03%

-50.24%

+50.21%

Max Drawdown (3Y)

Largest decline over 3 years

-0.08%

-50.24%

+50.16%

Max Drawdown (5Y)

Largest decline over 5 years

-0.71%

-73.60%

+72.89%

Max Drawdown (10Y)

Largest decline over 10 years

-3.25%

-82.51%

+79.26%

Current Drawdown

Current decline from peak

-0.01%

-49.08%

+49.07%

Average Drawdown

Average peak-to-trough decline

-0.92%

-40.00%

+39.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.01%

34.25%

-34.24%

Volatility

XEON.DE vs. BTC-USD - Volatility Comparison

The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) is 0.04%, while Bitcoin (BTC-USD) has a volatility of 11.36%. This indicates that XEON.DE experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


XEON.DEBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.04%

11.36%

-11.32%

Volatility (6M)

Calculated over the trailing 6-month period

0.16%

34.70%

-34.54%

Volatility (1Y)

Calculated over the trailing 1-year period

0.22%

35.43%

-35.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.25%

44.96%

-44.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.39%

56.01%

-55.62%

Frequently Asked Questions


XEON.DE and BTC-USD have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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