XHY1.DE vs. XDEQ.DE
XHY1.DE (Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF) and XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both exchange-traded funds - XHY1.DE is a European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield 1-3, while XDEQ.DE is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, XHY1.DE returned 2.58%/yr vs 12.38%/yr for XDEQ.DE. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
XHY1.DE vs. XDEQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XHY1.DE achieves a 0.57% return, which is significantly lower than XDEQ.DE's 9.48% return. Over the past 10 years, XHY1.DE has underperformed XDEQ.DE with an annualized return of 2.58%, while XDEQ.DE has yielded a comparatively higher 12.38% annualized return.
XHY1.DE
- 1D
- 0.06%
- 1M
- 0.25%
- YTD
- 0.57%
- 6M
- 0.97%
- 1Y
- 3.27%
- 3Y*
- 5.12%
- 5Y*
- 2.77%
- 10Y*
- 2.58%
XDEQ.DE
- 1D
- 0.79%
- 1M
- 3.10%
- YTD
- 9.48%
- 6M
- 9.63%
- 1Y
- 19.01%
- 3Y*
- 15.18%
- 5Y*
- 11.42%
- 10Y*
- 12.38%
XHY1.DE vs. XDEQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XHY1.DE Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF | 0.57% | 4.80% | 5.09% | 6.88% | -3.97% | 2.51% | 1.30% | 5.63% | -2.54% | 3.45% |
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 9.48% | 2.87% | 23.81% | 21.83% | -14.94% | 34.64% | 4.47% | 34.18% | -3.32% | 7.04% |
Correlation
The correlation between XHY1.DE and XDEQ.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jan 9, 2015 | 0.40 |
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Return for Risk
XHY1.DE vs. XDEQ.DE — Risk / Return Rank
XHY1.DE
XDEQ.DE
XHY1.DE vs. XDEQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF (XHY1.DE) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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.
| XHY1.DE | XDEQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.34 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 3.04 | -0.78 |
| Martin ratioReturn relative to average drawdown | 10.14 | 12.17 | -2.03 |
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
| XHY1.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 1.78 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.80 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.85 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.80 | -0.49 |
Drawdowns
XHY1.DE vs. XDEQ.DE - Drawdown Comparison
The maximum XHY1.DE drawdown since its inception was -25.91%, smaller than the maximum XDEQ.DE drawdown of -32.16%. Use the drawdown chart below to compare losses from any high point for XHY1.DE and XDEQ.DE.
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Drawdown Indicators
| XHY1.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.91% | -32.16% | +6.25% |
Max Drawdown (1Y)Largest decline over 1 year | -1.43% | -6.22% | +4.79% |
Max Drawdown (3Y)Largest decline over 3 years | -2.78% | -20.59% | +17.81% |
Max Drawdown (5Y)Largest decline over 5 years | -8.53% | -20.59% | +12.06% |
Max Drawdown (10Y)Largest decline over 10 years | -25.91% | -32.16% | +6.25% |
Current DrawdownCurrent decline from peak | -0.12% | 0.00% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -1.55% | -4.75% | +3.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | 1.56% | -1.24% |
Volatility
XHY1.DE vs. XDEQ.DE - Volatility Comparison
The current volatility for Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF (XHY1.DE) is 0.63%, while Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) has a volatility of 2.36%. This indicates that XHY1.DE experiences smaller price fluctuations and is considered to be less risky than XDEQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHY1.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.63% | 2.36% | -1.73% |
Volatility (6M)Calculated over the trailing 6-month period | 2.03% | 7.32% | -5.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.56% | 10.64% | -8.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.45% | 14.12% | -9.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.54% | 15.35% | -7.81% |
XHY1.DE vs. XDEQ.DE - Expense Ratio Comparison
Both XHY1.DE and XDEQ.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XHY1.DE vs. XDEQ.DE - Dividend Comparison
XHY1.DE's dividend yield for the trailing twelve months is around 4.02%, while XDEQ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
XDEQ.DE Xtrackers MSCI World Quality Factor 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% |
XHY1.DE Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF | 4.02% | 3.93% | 5.53% | 6.87% | 4.97% | 5.12% | 2.95% | 1.78% | 1.35% | 3.10% | 3.14% |
Frequently Asked Questions
XHY1.DE and XDEQ.DE have a correlation of 0.46, 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 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XHY1.DE and XDEQ.DE have the same expense ratio: 0.25% per year.
XHY1.DE is categorized as European High Yield Bonds, while XDEQ.DE is Global Equities. XHY1.DE tracks iBoxx® EUR Liquid High Yield 1-3, while XDEQ.DE tracks MSCI ACWI NR USD.
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