XEON.DE vs. VWCE.DE
Compare and contrast key facts about Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) and Vanguard FTSE All-World UCITS ETF (VWCE.DE).
XEON.DE and VWCE.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. VWCE.DE is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World Index. It was launched on Jul 23, 2019. Both XEON.DE and VWCE.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 VWCE.DE.
Key characteristics
| XEON.DE | VWCE.DE | |
|---|---|---|
| YTD Return | 2.77% | 14.59% |
| 1Y Return | 3.96% | 17.82% |
| 3Y Return (Ann) | 1.91% | 7.85% |
| 5Y Return (Ann) | 0.92% | 10.99% |
| Sharpe Ratio | 18.07 | 1.85 |
| Daily Std Dev | 0.21% | 10.57% |
| Max Drawdown | -3.71% | -33.43% |
| Current Drawdown | 0.00% | -1.75% |
Correlation
The correlation between XEON.DE and VWCE.DE is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XEON.DE vs. VWCE.DE - Performance Comparison
In the year-to-date period, XEON.DE achieves a 2.77% return, which is significantly lower than VWCE.DE's 14.59% 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. VWCE.DE - Expense Ratio Comparison
XEON.DE has a 0.10% expense ratio, which is lower than VWCE.DE's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XEON.DE vs. VWCE.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 Vanguard FTSE All-World UCITS ETF (VWCE.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. VWCE.DE - Dividend Comparison
Neither XEON.DE nor VWCE.DE has paid dividends to shareholders.
Drawdowns
XEON.DE vs. VWCE.DE - Drawdown Comparison
The maximum XEON.DE drawdown since its inception was -3.71%, smaller than the maximum VWCE.DE drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for XEON.DE and VWCE.DE. For additional features, visit the drawdowns tool.
Volatility
XEON.DE vs. VWCE.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) is 1.75%, while Vanguard FTSE All-World UCITS ETF (VWCE.DE) has a volatility of 3.91%. This indicates that XEON.DE experiences smaller price fluctuations and is considered to be less risky than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.