XEON.DE vs. XDEQ.DE
XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) and XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both exchange-traded funds - XEON.DE is a Bank Loan fund tracking the Solactive €STR +8.5 Daily Index, while XDEQ.DE is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, XEON.DE returned 0.70%/yr vs 12.38%/yr for XDEQ.DE. At a correlation of -0.01, they often move in opposite directions. XEON.DE charges 0.10%/yr vs 0.25%/yr for XDEQ.DE.
Performance
XEON.DE vs. XDEQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XEON.DE achieves a 0.80% return, which is significantly lower than XDEQ.DE's 9.48% return. Over the past 10 years, XEON.DE has underperformed XDEQ.DE with an annualized return of 0.70%, while XDEQ.DE has yielded a comparatively higher 12.38% annualized return.
XEON.DE
- 1D
- -0.01%
- 1M
- 0.15%
- YTD
- 0.80%
- 6M
- 0.95%
- 1Y
- 1.95%
- 3Y*
- 2.99%
- 5Y*
- 1.94%
- 10Y*
- 0.70%
XDEQ.DE
- 1D
- 0.79%
- 1M
- 3.10%
- YTD
- 9.48%
- 6M
- 9.63%
- 1Y
- 19.01%
- 3Y*
- 15.18%
- 5Y*
- 11.42%
- 10Y*
- 12.38%
XEON.DE vs. XDEQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 9.48% | 2.87% | 23.81% | 21.83% | -14.94% | 34.64% | 4.47% | 34.18% | -3.32% | 7.04% |
Correlation
The correlation between XEON.DE and XDEQ.DE is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | -0.01 |
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
XEON.DE vs. XDEQ.DE — Risk / Return Rank
XEON.DE
XDEQ.DE
XEON.DE vs. XDEQ.DE - 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 Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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.
| XEON.DE | XDEQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.16 | ||
| Sortino ratioReturn per unit of downside risk | +18.68 | ||
| Omega ratioGain probability vs. loss probability | 4.27 | 1.34 | +2.94 |
| Calmar ratioReturn relative to maximum drawdown | 69.36 | 3.04 | +66.32 |
| Martin ratioReturn relative to average drawdown | 316.53 | 12.17 | +304.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XEON.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 8.94 | 1.78 | +7.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 7.54 | 0.80 | +6.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.78 | 0.85 | +0.92 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.80 | -0.06 |
Drawdowns
XEON.DE vs. XDEQ.DE - Drawdown Comparison
The maximum XEON.DE drawdown since its inception was -3.71%, smaller than the maximum XDEQ.DE drawdown of -32.16%. Use the drawdown chart below to compare losses from any high point for XEON.DE and XDEQ.DE.
Loading charts...
Drawdown Indicators
| XEON.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.71% | -32.16% | +28.45% |
Max Drawdown (1Y)Largest decline over 1 year | -0.03% | -6.22% | +6.19% |
Max Drawdown (3Y)Largest decline over 3 years | -0.08% | -20.59% | +20.51% |
Max Drawdown (5Y)Largest decline over 5 years | -0.71% | -20.59% | +19.88% |
Max Drawdown (10Y)Largest decline over 10 years | -3.25% | -32.16% | +28.91% |
Current DrawdownCurrent decline from peak | -0.01% | 0.00% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -0.92% | -4.75% | +3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 1.56% | -1.55% |
Volatility
XEON.DE vs. XDEQ.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) is 0.04%, while Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) has a volatility of 2.36%. This indicates that XEON.DE experiences smaller price fluctuations and is considered to be less risky than XDEQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XEON.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.04% | 2.36% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 0.16% | 7.32% | -7.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.22% | 10.64% | -10.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.25% | 14.12% | -13.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.39% | 15.35% | -14.96% |
XEON.DE vs. XDEQ.DE - Expense Ratio Comparison
XEON.DE has a 0.10% expense ratio, which is lower than XDEQ.DE's 0.25% 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%.
Dividends
XEON.DE vs. XDEQ.DE - Dividend Comparison
Neither XEON.DE nor XDEQ.DE has paid dividends to shareholders.
Frequently Asked Questions
XEON.DE and XDEQ.DE have a correlation of -0.03, 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 0.25% for XDEQ.DE.
XEON.DE is categorized as Bank Loan, while XDEQ.DE is Global Equities. XEON.DE tracks Solactive €STR +8.5 Daily Index, while XDEQ.DE tracks MSCI ACWI NR USD. Their fees differ too: 0.10% for XEON.DE and 0.25% for XDEQ.DE.
Find the right allocation for XEON.DE and XDEQ.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