XEON.DE vs. EUHA.DE
Compare and contrast key facts about Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) and PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Acc (EUHA.DE).
XEON.DE and EUHA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEON.DE is a passively managed fund by Xtrackers that tracks the performance of the Solactive €STR +8.5 Daily Index. It was launched on May 27, 2007. EUHA.DE is a passively managed fund by PIMCO that tracks the performance of the BofA Merrill Lynch 0-5 Year Euro Developed Markets High Yield 2% Constrained. It was launched on Oct 9, 2017. Both XEON.DE and EUHA.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XEON.DE or EUHA.DE.
Key characteristics
| XEON.DE | EUHA.DE | |
|---|---|---|
| YTD Return | 2.77% | 4.02% |
| 1Y Return | 3.96% | 8.99% |
| 3Y Return (Ann) | 1.91% | 1.59% |
| 5Y Return (Ann) | 0.92% | 2.08% |
| Sharpe Ratio | 18.07 | 2.31 |
| Daily Std Dev | 0.21% | 3.97% |
| Max Drawdown | -3.71% | -23.36% |
| Current Drawdown | 0.00% | -0.01% |
Correlation
The correlation between XEON.DE and EUHA.DE is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XEON.DE vs. EUHA.DE - Performance Comparison
In the year-to-date period, XEON.DE achieves a 2.77% return, which is significantly lower than EUHA.DE's 4.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XEON.DE vs. EUHA.DE - Expense Ratio Comparison
XEON.DE has a 0.10% expense ratio, which is lower than EUHA.DE's 0.50% expense ratio.
Risk-Adjusted Performance
XEON.DE vs. EUHA.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) and PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Acc (EUHA.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.
Dividends
XEON.DE vs. EUHA.DE - Dividend Comparison
Neither XEON.DE nor EUHA.DE has paid dividends to shareholders.
Drawdowns
XEON.DE vs. EUHA.DE - Drawdown Comparison
The maximum XEON.DE drawdown since its inception was -3.71%, smaller than the maximum EUHA.DE drawdown of -23.36%. Use the drawdown chart below to compare losses from any high point for XEON.DE and EUHA.DE. For additional features, visit the drawdowns tool.
Volatility
XEON.DE vs. EUHA.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) is 1.75%, while PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Acc (EUHA.DE) has a volatility of 2.33%. This indicates that XEON.DE experiences smaller price fluctuations and is considered to be less risky than EUHA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.