XESC.DE vs. XUEM.DE

Last updated Jun 5, 2026

XESC.DE (Xtrackers EURO STOXX 50 UCITS ETF 1C) and XUEM.DE (Xtrackers USD Emerging Markets Bond UCITS ETF 2D) are both exchange-traded funds - XESC.DE is a Europe Equities fund tracking the MSCI EMU NR EUR, 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, XESC.DE returned 11.50%/yr vs 2.28%/yr for XUEM.DE. At a 0.27 correlation, their price movements are largely independent. XESC.DE charges 0.09%/yr vs 0.25%/yr for XUEM.DE.

Performance

XESC.DE vs. XUEM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) and Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XESC.DE achieves a 7.20% return, which is significantly higher than XUEM.DE's 3.29% return.

XESC.DE

• 1D: 0.76%
• 1M: 4.61%
• YTD: 7.20%
• 6M: 8.63%
• 1Y: 15.79%
• 3Y*: 15.59%
• 5Y*: 11.50%
• 10Y*: 10.49%

XUEM.DE

• 1D: -0.07%
• 1M: 1.53%
• YTD: 3.29%
• 6M: 3.01%
• 1Y: 9.59%
• 3Y*: 6.62%
• 5Y*: 2.28%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XESC.DE vs. XUEM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C	7.20%	22.24%	11.06%	22.50%	-8.87%	23.54%	-2.88%	30.09%	-14.70%
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D	3.29%	0.43%	11.58%	6.72%	-14.47%	4.14%	-6.64%	17.85%	4.17%

Correlation

The correlation between XESC.DE and XUEM.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since May 17, 2018	0.27

Return for Risk

XESC.DE vs. XUEM.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XESC.DE

XESC.DE Risk / Return Rank: 30
XESC.DE Sharpe Ratio Rank: 28
XESC.DE Sortino Ratio Rank: 29
XESC.DE Omega Ratio Rank: 28
XESC.DE Calmar Ratio Rank: 30
XESC.DE Martin Ratio Rank: 33

XUEM.DE

XUEM.DE Risk / Return Rank: 56
XUEM.DE Sharpe Ratio Rank: 48
XUEM.DE Sortino Ratio Rank: 51
XUEM.DE Omega Ratio Rank: 49
XUEM.DE Calmar Ratio Rank: 71
XUEM.DE Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XESC.DE vs. XUEM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.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.

	XESC.DE	XUEM.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.98	1.64	-0.66
Sortino ratio: Return per unit of downside risk	1.54	2.42	-0.88
Omega ratio: Gain probability vs. loss probability	1.18	1.31	-0.12
Calmar ratio: Return relative to maximum drawdown	1.45	3.52	-2.07
Martin ratio: Return relative to average drawdown	4.94	10.09	-5.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XESC.DE vs. XUEM.DE - Sharpe Ratio Comparison

The current XESC.DE Sharpe Ratio is 0.98, which is lower than the XUEM.DE Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of XESC.DE and XUEM.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XESC.DE	XUEM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	1.64	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.26	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.28	+0.04

Drawdowns

XESC.DE vs. XUEM.DE - Drawdown Comparison

The maximum XESC.DE drawdown since its inception was -45.38%, which is greater than XUEM.DE's maximum drawdown of -26.83%. Use the drawdown chart below to compare losses from any high point for XESC.DE and XUEM.DE.

Drawdown Indicators

	XESC.DE	XUEM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-45.38%	-26.83%	-18.55%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-2.72%	-8.16%
Max Drawdown (3Y) Largest decline over 3 years	-16.53%	-13.45%	-3.08%
Max Drawdown (5Y) Largest decline over 5 years	-23.33%	-17.85%	-5.48%
Max Drawdown (10Y) Largest decline over 10 years	-38.51%	—	—
Current Drawdown Current decline from peak	-0.53%	-2.82%	+2.29%
Average Drawdown Average peak-to-trough decline	-8.39%	-10.35%	+1.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	0.95%	+2.24%

Volatility

XESC.DE vs. XUEM.DE - Volatility Comparison

Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) has a higher volatility of 4.90% compared to Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) at 1.06%. This indicates that XESC.DE's price experiences larger fluctuations and is considered to be riskier than XUEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XESC.DE	XUEM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	1.06%	+3.84%
Volatility (6M) Calculated over the trailing 6-month period	13.02%	3.83%	+9.19%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	5.81%	+10.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	8.74%	+8.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.27%	10.44%	+7.83%

XESC.DE vs. XUEM.DE - Expense Ratio Comparison

XESC.DE has a 0.09% 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

XESC.DE vs. XUEM.DE - Dividend Comparison

XESC.DE has not paid dividends to shareholders, while XUEM.DE's dividend yield for the trailing twelve months is around 4.46%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.19%
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D	4.46%	4.97%	6.06%	5.00%	5.62%	6.82%	4.07%	0.54%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XESC.DE and XUEM.DE in my portfolio?

XESC.DE and XUEM.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XESC.DE or XUEM.DE?

On fees, XESC.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XESC.DE or XUEM.DE?

XESC.DE is cheaper with a 0.09% expense ratio, compared with 0.25% for XUEM.DE.

What is the main difference between XESC.DE and XUEM.DE?

XESC.DE is categorized as Europe Equities, while XUEM.DE is Emerging Markets Bonds. XESC.DE tracks MSCI EMU NR EUR, while XUEM.DE tracks JPM EMBI Global Diversified TR USD. Their fees differ too: 0.09% for XESC.DE and 0.25% for XUEM.DE.