XEON.DE vs. XUEM.DE
XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) and XUEM.DE (Xtrackers USD Emerging Markets Bond UCITS ETF 2D) are both exchange-traded funds - XEON.DE is a Money Market fund tracking the Solactive €STR +8.5 Daily Index, while XUEM.DE is a Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 5 years, XEON.DE returned 2.00%/yr vs 2.37%/yr for XUEM.DE. At a correlation of -0.02, they often move in opposite directions. XEON.DE charges 0.10%/yr vs 0.25%/yr for XUEM.DE.
Performance
XEON.DE vs. XUEM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XEON.DE achieves a 1.04% return, which is significantly lower than XUEM.DE's 5.37% 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%
XUEM.DE
- 1D
- -0.19%
- 1M
- 0.67%
- 6M
- 4.45%
- YTD
- 5.37%
- 1Y
- 12.57%
- 3Y*
- 8.38%
- 5Y*
- 2.37%
- 10Y*
- —
XEON.DE vs. XUEM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -0.31% |
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D | 5.37% | 1.05% | 12.16% | 7.17% | -14.21% | 5.47% | -6.15% | 17.95% | -11.62% |
Correlation
The correlation between XEON.DE and XUEM.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 | -0.00 |
Correlation (All Time) Calculated using the full available price history since May 9, 2018 | -0.02 |
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. XUEM.DE — Risk / Return Rank
XEON.DE
XUEM.DE
XEON.DE vs. XUEM.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 USD Emerging Markets Bond UCITS ETF 2D (XUEM.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 | XUEM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.09 | ||
| Sortino ratioReturn per unit of downside risk | +19.09 | ||
| Omega ratioGain probability vs. loss probability | 4.51 | 1.40 | +3.11 |
| Calmar ratioReturn relative to maximum drawdown | 69.47 | 4.66 | +64.81 |
| Martin ratioReturn relative to average drawdown | 325.05 | 13.83 | +311.22 |
Loading charts...
Drawdowns
XEON.DE vs. XUEM.DE - Drawdown Comparison
The maximum XEON.DE drawdown since its inception was -3.71%, smaller than the maximum XUEM.DE drawdown of -26.81%. Use the drawdown chart below to compare losses from any high point for XEON.DE and XUEM.DE.
Loading charts...
Drawdown Indicators
| XEON.DE | XUEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.71% | -26.81% | +23.10% |
Max Drawdown (1Y)Largest decline over 1 year | -0.03% | -2.69% | +2.66% |
Max Drawdown (3Y)Largest decline over 3 years | -0.08% | -13.41% | +13.33% |
Max Drawdown (5Y)Largest decline over 5 years | -0.65% | -17.53% | +16.88% |
Max Drawdown (10Y)Largest decline over 10 years | -3.20% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.13% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -0.88% | -10.03% | +9.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 0.91% | -0.90% |
Volatility
XEON.DE vs. XUEM.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) is 0.05%, while Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) has a volatility of 1.44%. This indicates that XEON.DE experiences smaller price fluctuations and is considered to be less risky than XUEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XEON.DE | XUEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.05% | 1.44% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 0.14% | 3.86% | -3.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.22% | 6.09% | -5.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.25% | 8.72% | -8.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.39% | 11.74% | -11.35% |
XEON.DE vs. XUEM.DE - Expense Ratio Comparison
XEON.DE has a 0.10% expense ratio, which is lower than XUEM.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. XUEM.DE - Dividend Comparison
XEON.DE has not paid dividends to shareholders, while XUEM.DE's dividend yield for the trailing twelve months is around 5.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D | 5.12% | 5.56% | 6.56% | 5.40% | 5.95% | 8.12% | 4.58% | 0.61% |
Frequently Asked Questions
XEON.DE and XUEM.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 XUEM.DE.
XEON.DE is categorized as Money Market, while XUEM.DE is Emerging Markets Bonds. XEON.DE tracks Solactive €STR +8.5 Daily Index, while XUEM.DE tracks JPM EMBI Global Diversified TR USD. Their fees differ too: 0.10% for XEON.DE and 0.25% for XUEM.DE.
Find the right allocation for XEON.DE and XUEM.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