XEON.DE vs. WGLD.DE
Compare and contrast key facts about Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) and WisdomTree Core Physical Gold (WGLD.DE).
XEON.DE and WGLD.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. WGLD.DE is a passively managed fund by WisdomTree that tracks the performance of the Gold. It was launched on Nov 30, 2020. Both XEON.DE and WGLD.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 WGLD.DE.
Key characteristics
XEON.DE | WGLD.DE | |
---|---|---|
YTD Return | 2.77% | 24.51% |
1Y Return | 3.96% | 29.87% |
3Y Return (Ann) | 1.91% | 14.64% |
Sharpe Ratio | 18.07 | 2.11 |
Daily Std Dev | 0.21% | 13.42% |
Max Drawdown | -3.71% | -12.99% |
Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between XEON.DE and WGLD.DE is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XEON.DE vs. WGLD.DE - Performance Comparison
In the year-to-date period, XEON.DE achieves a 2.77% return, which is significantly lower than WGLD.DE's 24.51% 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. WGLD.DE - Expense Ratio Comparison
XEON.DE has a 0.10% expense ratio, which is lower than WGLD.DE's 0.12% 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. WGLD.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 WisdomTree Core Physical Gold (WGLD.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. WGLD.DE - Dividend Comparison
Neither XEON.DE nor WGLD.DE has paid dividends to shareholders.
Drawdowns
XEON.DE vs. WGLD.DE - Drawdown Comparison
The maximum XEON.DE drawdown since its inception was -3.71%, smaller than the maximum WGLD.DE drawdown of -12.99%. Use the drawdown chart below to compare losses from any high point for XEON.DE and WGLD.DE. For additional features, visit the drawdowns tool.
Volatility
XEON.DE vs. WGLD.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) is 1.75%, while WisdomTree Core Physical Gold (WGLD.DE) has a volatility of 3.84%. This indicates that XEON.DE experiences smaller price fluctuations and is considered to be less risky than WGLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.