XGLF.DE vs. IQQ5.DE
XGLF.DE (Xtrackers MSCI GCC Select Swap UCITS ETF (Acc)) and IQQ5.DE (iShares MSCI Turkey UCITS ETF USD (Dist)) are both Emerging Markets Equities funds - XGLF.DE tracks the MSCI GCC Countries ex Select Securities Index while IQQ5.DE tracks the MSCI Turkey Index. Both are passively managed. Over the past 10 years, XGLF.DE returned 7.33%/yr vs 0.85%/yr for IQQ5.DE. At a 0.22 correlation, their price movements are largely independent. XGLF.DE charges 0.65%/yr vs 0.74%/yr for IQQ5.DE.
Performance
XGLF.DE vs. IQQ5.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 lower than IQQ5.DE's 21.66% return. Over the past 10 years, XGLF.DE has outperformed IQQ5.DE with an annualized return of 7.33%, while IQQ5.DE has yielded a comparatively lower 0.85% 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%
IQQ5.DE
- 1D
- -1.39%
- 1M
- -2.44%
- 6M
- 3.95%
- YTD
- 21.66%
- 1Y
- 20.75%
- 3Y*
- 12.57%
- 5Y*
- 16.37%
- 10Y*
- 0.85%
XGLF.DE vs. IQQ5.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% |
IQQ5.DE iShares MSCI Turkey UCITS ETF USD (Dist) | 21.66% | -15.96% | 24.70% | -10.45% | 93.90% | -20.23% | -16.97% | 12.89% | -39.29% | 20.36% |
Correlation
The correlation between XGLF.DE and IQQ5.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2015 | 0.22 |
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Return for Risk
XGLF.DE vs. IQQ5.DE — Risk / Return Rank
XGLF.DE
IQQ5.DE
XGLF.DE vs. IQQ5.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 Turkey UCITS ETF USD (Dist) (IQQ5.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 | IQQ5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.16 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | 1.51 | -1.23 |
| Martin ratioReturn relative to average drawdown | 0.60 | 3.53 | -2.93 |
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Drawdowns
XGLF.DE vs. IQQ5.DE - Drawdown Comparison
The maximum XGLF.DE drawdown since its inception was -42.15%, smaller than the maximum IQQ5.DE drawdown of -75.94%. Use the drawdown chart below to compare losses from any high point for XGLF.DE and IQQ5.DE.
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Drawdown Indicators
| XGLF.DE | IQQ5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.15% | -75.94% | +33.79% |
Max Drawdown (1Y)Largest decline over 1 year | -9.05% | -13.68% | +4.63% |
Max Drawdown (3Y)Largest decline over 3 years | -18.41% | -36.14% | +17.73% |
Max Drawdown (5Y)Largest decline over 5 years | -31.29% | -36.14% | +4.85% |
Max Drawdown (10Y)Largest decline over 10 years | -35.16% | -66.59% | +31.43% |
Current DrawdownCurrent decline from peak | -18.93% | -33.93% | +15.00% |
Average DrawdownAverage peak-to-trough decline | -18.25% | -40.23% | +21.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | 5.86% | -1.68% |
Volatility
XGLF.DE vs. IQQ5.DE - Volatility Comparison
The current volatility for Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.DE) is 3.12%, while iShares MSCI Turkey UCITS ETF USD (Dist) (IQQ5.DE) has a volatility of 6.21%. This indicates that XGLF.DE experiences smaller price fluctuations and is considered to be less risky than IQQ5.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 | IQQ5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 6.21% | -3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 9.08% | 20.31% | -11.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.57% | 26.10% | -13.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.37% | 35.35% | -19.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 34.13% | -15.80% |
XGLF.DE vs. IQQ5.DE - Expense Ratio Comparison
XGLF.DE has a 0.65% expense ratio, which is lower than IQQ5.DE's 0.74% expense ratio.
Dividends
XGLF.DE vs. IQQ5.DE - Dividend Comparison
XGLF.DE has not paid dividends to shareholders, while IQQ5.DE's dividend yield for the trailing twelve months is around 1.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQ5.DE iShares MSCI Turkey UCITS ETF USD (Dist) | 1.81% | 1.84% | 2.06% | 2.77% | 1.75% | 3.02% | 0.56% | 2.14% | 4.07% | 1.78% | 1.68% | 2.18% |
XGLF.DE Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XGLF.DE and IQQ5.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XGLF.DE is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGLF.DE is cheaper with a 0.65% expense ratio, compared with 0.74% for IQQ5.DE.
XGLF.DE tracks MSCI GCC Countries ex Select Securities Index, while IQQ5.DE tracks MSCI Turkey Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.65% for XGLF.DE and 0.74% for IQQ5.DE.
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