XGII.DE vs. EEM
XGII.DE (Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged) and EEM (iShares MSCI Emerging Markets ETF) are both exchange-traded funds - XGII.DE is a Inflation-Protected Bonds fund tracking the Bloomberg World Government Inflation-Linked Bond (EUR Hedged), while EEM is a Emerging Markets Diversified fund tracking the MSCI Emerging Markets Index (Net). Both are passively managed. Over the past 10 years, XGII.DE returned 0.11%/yr vs 9.44%/yr for EEM. At a correlation of -0.02, they often move in opposite directions. XGII.DE charges 0.20%/yr vs 0.72%/yr for EEM.
Performance
XGII.DE vs. EEM - Performance Comparison
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Different Trading Currencies
XGII.DE is traded in EUR, while EEM is traded in USD. To make them comparable, the EEM values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XGII.DE achieves a 1.07% return, which is significantly lower than EEM's 27.74% return. Over the past 10 years, XGII.DE has underperformed EEM with an annualized return of 0.11%, while EEM has yielded a comparatively higher 9.44% annualized return.
XGII.DE
- 1D
- 0.04%
- 1M
- 0.28%
- YTD
- 1.07%
- 6M
- 0.72%
- 1Y
- 2.37%
- 3Y*
- 1.03%
- 5Y*
- -2.63%
- 10Y*
- 0.11%
EEM
- 1D
- -1.31%
- 1M
- 6.36%
- YTD
- 27.74%
- 6M
- 29.35%
- 1Y
- 49.54%
- 3Y*
- 20.19%
- 5Y*
- 7.75%
- 10Y*
- 9.44%
XGII.DE vs. EEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XGII.DE Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged | 1.07% | 2.36% | -2.05% | 1.74% | -19.09% | 4.43% | 8.19% | 4.79% | -2.39% | 1.11% |
EEM iShares MSCI Emerging Markets ETF | 27.74% | 18.08% | 13.52% | 5.68% | -15.64% | 3.58% | 7.38% | 20.90% | -11.34% | 20.39% |
Correlation
The correlation between XGII.DE and EEM is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2013 | -0.02 |
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Return for Risk
XGII.DE vs. EEM — Risk / Return Rank
XGII.DE
EEM
XGII.DE vs. EEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged (XGII.DE) and iShares MSCI Emerging Markets ETF (EEM). 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.
| XGII.DE | EEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.09 | ||
| Sortino ratioReturn per unit of downside risk | -2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.49 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | 4.57 | -3.67 |
| Martin ratioReturn relative to average drawdown | 2.25 | 16.84 | -14.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XGII.DE | EEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 2.67 | -2.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | 0.45 | -0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.02 | 0.48 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.21 | -0.08 |
Drawdowns
XGII.DE vs. EEM - Drawdown Comparison
The maximum XGII.DE drawdown since its inception was -24.58%, smaller than the maximum EEM drawdown of -61.01%. Use the drawdown chart below to compare losses from any high point for XGII.DE and EEM.
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Drawdown Indicators
| XGII.DE | EEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.58% | -61.01% | +36.43% |
Max Drawdown (1Y)Largest decline over 1 year | -2.62% | -10.90% | +8.28% |
Max Drawdown (3Y)Largest decline over 3 years | -5.83% | -18.07% | +12.24% |
Max Drawdown (5Y)Largest decline over 5 years | -24.58% | -24.70% | +0.12% |
Max Drawdown (10Y)Largest decline over 10 years | -24.58% | -32.11% | +7.53% |
Current DrawdownCurrent decline from peak | -18.13% | -2.26% | -15.87% |
Average DrawdownAverage peak-to-trough decline | -7.88% | -13.57% | +5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 2.95% | -1.90% |
Volatility
XGII.DE vs. EEM - Volatility Comparison
The current volatility for Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged (XGII.DE) is 1.21%, while iShares MSCI Emerging Markets ETF (EEM) has a volatility of 7.75%. This indicates that XGII.DE experiences smaller price fluctuations and is considered to be less risky than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGII.DE | EEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 7.75% | -6.54% |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | 15.94% | -13.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.05% | 18.66% | -14.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.64% | 17.19% | -9.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.12% | 19.65% | -12.53% |
XGII.DE vs. EEM - Expense Ratio Comparison
XGII.DE has a 0.20% expense ratio, which is lower than EEM's 0.72% expense ratio.
Dividends
XGII.DE vs. EEM - Dividend Comparison
XGII.DE's dividend yield for the trailing twelve months is around 1.00%, less than EEM's 1.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEM iShares MSCI Emerging Markets ETF | 1.76% | 2.22% | 2.43% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% |
XGII.DE Xtrackers II Global Inflation-Linked Bond UCITS ETF - EUR Hedged | 1.00% | 0.94% | 1.02% | 0.68% | 0.97% | 0.45% | 1.44% | 0.91% | 0.63% | 0.00% | 3.87% | 0.86% |
Frequently Asked Questions
XGII.DE and EEM have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XGII.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGII.DE is cheaper with a 0.20% expense ratio, compared with 0.72% for EEM.
XGII.DE is categorized as Inflation-Protected Bonds, while EEM is Emerging Markets Diversified. XGII.DE tracks Bloomberg World Government Inflation-Linked Bond (EUR Hedged), while EEM tracks MSCI Emerging Markets Index (Net). They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for XGII.DE and 0.72% for EEM.
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