XEON.DE vs. XDEW.DE
XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XEON.DE is a Money Market fund tracking the Solactive €STR +8.5 Daily Index, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, XEON.DE returned 0.73%/yr vs 11.05%/yr for XDEW.DE. At a correlation of -0.01, they often move in opposite directions. XEON.DE charges 0.10%/yr vs 0.20%/yr for XDEW.DE.
Performance
XEON.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XEON.DE achieves a 1.04% return, which is significantly lower than XDEW.DE's 14.15% return. Over the past 10 years, XEON.DE has underperformed XDEW.DE with an annualized return of 0.73%, while XDEW.DE has yielded a comparatively higher 11.05% annualized return.
XEON.DE
- 1D
- 0.00%
- 1M
- 0.18%
- 6M
- 1.00%
- YTD
- 1.04%
- 1Y
- 1.97%
- 3Y*
- 2.95%
- 5Y*
- 2.00%
- 10Y*
- 0.73%
XDEW.DE
- 1D
- -0.02%
- 1M
- 1.80%
- 6M
- 10.18%
- YTD
- 14.15%
- 1Y
- 19.97%
- 3Y*
- 12.88%
- 5Y*
- 9.45%
- 10Y*
- 11.05%
XEON.DE vs. XDEW.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 | 1.04% | 2.25% | 3.78% | 3.30% | -0.04% | -0.58% | -0.57% | -0.49% | -0.47% | -0.52% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.15% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between XEON.DE and XDEW.DE is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | -0.01 |
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Return for Risk
XEON.DE vs. XDEW.DE — Risk / Return Rank
XEON.DE
XDEW.DE
XEON.DE vs. XDEW.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 S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XEON.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.29 | ||
| Sortino ratioReturn per unit of downside risk | +19.49 | ||
| Omega ratioGain probability vs. loss probability | 4.51 | 1.34 | +3.17 |
| Calmar ratioReturn relative to maximum drawdown | 69.47 | 3.93 | +65.54 |
| Martin ratioReturn relative to average drawdown | 325.05 | 12.11 | +312.94 |
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Drawdowns
XEON.DE vs. XDEW.DE - Drawdown Comparison
The maximum XEON.DE drawdown since its inception was -3.71%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XEON.DE and XDEW.DE.
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Drawdown Indicators
| XEON.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.71% | -38.79% | +35.08% |
Max Drawdown (1Y)Largest decline over 1 year | -0.03% | -5.06% | +5.03% |
Max Drawdown (3Y)Largest decline over 3 years | -0.08% | -22.70% | +22.62% |
Max Drawdown (5Y)Largest decline over 5 years | -0.65% | -22.70% | +22.05% |
Max Drawdown (10Y)Largest decline over 10 years | -3.20% | -38.79% | +35.59% |
Current DrawdownCurrent decline from peak | 0.00% | -0.92% | +0.92% |
Average DrawdownAverage peak-to-trough decline | -0.88% | -5.33% | +4.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 1.65% | -1.64% |
Volatility
XEON.DE vs. XDEW.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) is 0.05%, while Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) has a volatility of 2.73%. This indicates that XEON.DE experiences smaller price fluctuations and is considered to be less risky than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XEON.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.05% | 2.73% | -2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 0.14% | 6.91% | -6.77% |
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% | 14.91% | -14.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.39% | 16.80% | -16.41% |
XEON.DE vs. XDEW.DE - Expense Ratio Comparison
XEON.DE has a 0.10% expense ratio, which is lower than XDEW.DE's 0.20% 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. XDEW.DE - Dividend Comparison
Neither XEON.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
XEON.DE and XDEW.DE have a correlation of -0.00, 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 0.20% for XDEW.DE.
XEON.DE is categorized as Money Market, while XDEW.DE is S&P 500. XEON.DE tracks Solactive €STR +8.5 Daily Index, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.10% for XEON.DE and 0.20% for XDEW.DE.
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