XGLF.DE vs. IBC4.DE
XGLF.DE (Xtrackers MSCI GCC Select Swap UCITS ETF (Acc)) and IBC4.DE (iShares MSCI South Africa UCITS ETF USD (Acc)) are both Emerging Markets Equities funds - XGLF.DE tracks the MSCI GCC Countries ex Select Securities Index while IBC4.DE tracks the MSCI South Africa Capped Index. Both are passively managed. Over the past 10 years, XGLF.DE returned 7.33%/yr vs 5.91%/yr for IBC4.DE. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.65% expense ratio.
Performance
XGLF.DE vs. IBC4.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XGLF.DE achieves a 4.58% return, which is significantly higher than IBC4.DE's -5.68% return. Over the past 10 years, XGLF.DE has outperformed IBC4.DE with an annualized return of 7.33%, while IBC4.DE has yielded a comparatively lower 5.91% annualized return.
XGLF.DE
- 1D
- -0.17%
- 1M
- -2.76%
- 6M
- -1.28%
- YTD
- 4.58%
- 1Y
- 2.52%
- 3Y*
- 3.40%
- 5Y*
- 5.07%
- 10Y*
- 7.33%
IBC4.DE
- 1D
- -1.35%
- 1M
- -8.25%
- 6M
- -11.48%
- YTD
- -5.68%
- 1Y
- 28.54%
- 3Y*
- 19.22%
- 5Y*
- 10.87%
- 10Y*
- 5.91%
XGLF.DE vs. IBC4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XGLF.DE Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) | 4.58% | -5.36% | 9.58% | 0.55% | 1.24% | 48.84% | -9.49% | 9.50% | 22.95% | -7.49% |
IBC4.DE iShares MSCI South Africa UCITS ETF USD (Acc) | -5.68% | 57.35% | 14.83% | -3.10% | 1.72% | 12.68% | -11.83% | 12.46% | -21.79% | 19.74% |
Correlation
The correlation between XGLF.DE and IBC4.DE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2015 | 0.31 |
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Return for Risk
XGLF.DE vs. IBC4.DE — Risk / Return Rank
XGLF.DE
IBC4.DE
XGLF.DE vs. IBC4.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.DE) and iShares MSCI South Africa UCITS ETF USD (Acc) (IBC4.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.
| XGLF.DE | IBC4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.17 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | 1.32 | -1.04 |
| Martin ratioReturn relative to average drawdown | 0.60 | 2.88 | -2.27 |
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Drawdowns
XGLF.DE vs. IBC4.DE - Drawdown Comparison
The maximum XGLF.DE drawdown since its inception was -42.15%, smaller than the maximum IBC4.DE drawdown of -55.48%. Use the drawdown chart below to compare losses from any high point for XGLF.DE and IBC4.DE.
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Drawdown Indicators
| XGLF.DE | IBC4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.15% | -55.48% | +13.33% |
Max Drawdown (1Y)Largest decline over 1 year | -9.05% | -21.54% | +12.49% |
Max Drawdown (3Y)Largest decline over 3 years | -18.41% | -21.54% | +3.13% |
Max Drawdown (5Y)Largest decline over 5 years | -31.29% | -29.74% | -1.55% |
Max Drawdown (10Y)Largest decline over 10 years | -35.16% | -55.48% | +20.32% |
Current DrawdownCurrent decline from peak | -18.93% | -19.74% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -18.25% | -17.45% | -0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | 9.90% | -5.72% |
Volatility
XGLF.DE vs. IBC4.DE - Volatility Comparison
The current volatility for Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.DE) is 3.12%, while iShares MSCI South Africa UCITS ETF USD (Acc) (IBC4.DE) has a volatility of 6.20%. This indicates that XGLF.DE experiences smaller price fluctuations and is considered to be less risky than IBC4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGLF.DE | IBC4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 6.20% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 9.08% | 25.07% | -15.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.57% | 29.95% | -17.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.37% | 25.64% | -10.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 27.80% | -9.47% |
XGLF.DE vs. IBC4.DE - Expense Ratio Comparison
Both XGLF.DE and IBC4.DE have an expense ratio of 0.65%.
Dividends
XGLF.DE vs. IBC4.DE - Dividend Comparison
Neither XGLF.DE nor IBC4.DE has paid dividends to shareholders.
Frequently Asked Questions
XGLF.DE and IBC4.DE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XGLF.DE and IBC4.DE have the same expense ratio: 0.65% per year.
XGLF.DE tracks MSCI GCC Countries ex Select Securities Index, while IBC4.DE tracks MSCI South Africa Capped Index. They also come from different issuers: Xtrackers and iShares.
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