XG7U.L vs. XNAS.L

Last updated Jun 5, 2026

XG7U.L (Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged) and XNAS.L (Xtrackers NASDAQ 100 UCITS ETF) are both exchange-traded funds - XG7U.L is a Inflation-Protected Bonds fund tracking the Bloomberg Gbl Infl Linked TR Hdg USD, while XNAS.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 3 years, XG7U.L returned 2.90%/yr vs 28.10%/yr for XNAS.L. At a 0.11 correlation, their price movements are largely independent. XG7U.L charges 0.25%/yr vs 0.20%/yr for XNAS.L.

Performance

XG7U.L vs. XNAS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged (XG7U.L) and Xtrackers NASDAQ 100 UCITS ETF (XNAS.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XG7U.L achieves a 1.52% return, which is significantly lower than XNAS.L's 19.67% return.

XG7U.L

• 1D: -0.02%
• 1M: 0.18%
• YTD: 1.52%
• 6M: 1.45%
• 1Y: 4.30%
• 3Y*: 2.90%
• 5Y*: -0.79%
• 10Y*: 2.09%

XNAS.L

• 1D: -0.68%
• 1M: 8.53%
• YTD: 19.67%
• 6M: 19.16%
• 1Y: 40.41%
• 3Y*: 28.10%
• 5Y*: —
• 10Y*: —

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

XG7U.L vs. XNAS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XG7U.L Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged	1.52%	4.67%	-0.45%	4.13%	2.07%
XNAS.L Xtrackers NASDAQ 100 UCITS ETF	19.67%	19.83%	26.60%	56.41%	-1.82%

Correlation

The correlation between XG7U.L and XNAS.L is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (All Time) Calculated using the full available price history since Oct 24, 2022	0.11

Return for Risk

XG7U.L vs. XNAS.L — Risk / Return Rank

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

XG7U.L

XG7U.L Risk / Return Rank: 28
XG7U.L Sharpe Ratio Rank: 25
XG7U.L Sortino Ratio Rank: 23
XG7U.L Omega Ratio Rank: 24
XG7U.L Calmar Ratio Rank: 35
XG7U.L Martin Ratio Rank: 33

XNAS.L

XNAS.L Risk / Return Rank: 76
XNAS.L Sharpe Ratio Rank: 80
XNAS.L Sortino Ratio Rank: 79
XNAS.L Omega Ratio Rank: 75
XNAS.L Calmar Ratio Rank: 74
XNAS.L Martin Ratio Rank: 71

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.

XG7U.L vs. XNAS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged (XG7U.L) and Xtrackers NASDAQ 100 UCITS ETF (XNAS.L). 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.

	XG7U.L	XNAS.L	Difference
Sharpe ratio: Return per unit of total volatility	0.87	2.54	-1.67
Sortino ratio: Return per unit of downside risk	1.23	3.51	-2.28
Omega ratio: Gain probability vs. loss probability	1.16	1.44	-0.28
Calmar ratio: Return relative to maximum drawdown	1.71	3.67	-1.96
Martin ratio: Return relative to average drawdown	4.86	13.19	-8.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XG7U.L vs. XNAS.L - Sharpe Ratio Comparison

The current XG7U.L Sharpe Ratio is 0.87, which is lower than the XNAS.L Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of XG7U.L and XNAS.L, 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

	XG7U.L	XNAS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	2.54	-1.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	1.69	-1.36

Drawdowns

XG7U.L vs. XNAS.L - Drawdown Comparison

The maximum XG7U.L drawdown since its inception was -23.33%, roughly equal to the maximum XNAS.L drawdown of -22.92%. Use the drawdown chart below to compare losses from any high point for XG7U.L and XNAS.L.

Drawdown Indicators

	XG7U.L	XNAS.L	Difference
Max Drawdown Largest peak-to-trough decline	-23.33%	-22.92%	-0.41%
Max Drawdown (1Y) Largest decline over 1 year	-2.51%	-10.91%	+8.40%
Max Drawdown (3Y) Largest decline over 3 years	-5.34%	-22.92%	+17.58%
Max Drawdown (5Y) Largest decline over 5 years	-23.33%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-23.33%	—	—
Current Drawdown Current decline from peak	-10.40%	-0.76%	-9.64%
Average Drawdown Average peak-to-trough decline	-6.17%	-3.03%	-3.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	3.05%	-2.17%

Volatility

XG7U.L vs. XNAS.L - Volatility Comparison

The current volatility for Xtrackers Global Inflation-Linked Bond UCITS ETF 2C USD hedged (XG7U.L) is 1.51%, while Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) has a volatility of 4.96%. This indicates that XG7U.L experiences smaller price fluctuations and is considered to be less risky than XNAS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XG7U.L	XNAS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	4.96%	-3.45%
Volatility (6M) Calculated over the trailing 6-month period	3.17%	11.72%	-8.55%
Volatility (1Y) Calculated over the trailing 1-year period	4.93%	15.78%	-10.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.77%	19.39%	-11.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.00%	19.39%	-12.39%

XG7U.L vs. XNAS.L - Expense Ratio Comparison

XG7U.L has a 0.25% expense ratio, which is higher than XNAS.L's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XG7U.L vs. XNAS.L - Dividend Comparison

Neither XG7U.L nor XNAS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XG7U.L and XNAS.L in my portfolio?

XG7U.L and XNAS.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XG7U.L or XNAS.L?

On fees, XNAS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XG7U.L or XNAS.L?

XNAS.L is cheaper with a 0.20% expense ratio, compared with 0.25% for XG7U.L.

What is the main difference between XG7U.L and XNAS.L?

XG7U.L is categorized as Inflation-Protected Bonds, while XNAS.L is Nasdaq-100. XG7U.L tracks Bloomberg Gbl Infl Linked TR Hdg USD, while XNAS.L tracks NASDAQ-100 Index. Their fees differ too: 0.25% for XG7U.L and 0.20% for XNAS.L.