XHYA.DE vs. XDEQ.DE
XHYA.DE (Xtrackers EUR High Yield Corporate Bond UCITS ETF) and XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both exchange-traded funds - XHYA.DE is a European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield, while XDEQ.DE is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, XHYA.DE returned 2.78%/yr vs 11.42%/yr for XDEQ.DE. A 0.53 correlation means they provide meaningful diversification when combined. XHYA.DE charges 0.20%/yr vs 0.25%/yr for XDEQ.DE.
Performance
XHYA.DE vs. XDEQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XHYA.DE achieves a 1.11% return, which is significantly lower than XDEQ.DE's 9.48% return.
XHYA.DE
- 1D
- -0.22%
- 1M
- 0.41%
- YTD
- 1.11%
- 6M
- 1.27%
- 1Y
- 3.39%
- 3Y*
- 6.38%
- 5Y*
- 2.78%
- 10Y*
- —
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%
XHYA.DE vs. XDEQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XHYA.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF | 1.11% | 4.47% | 6.15% | 10.88% | -8.84% | 2.96% | 2.02% | 9.71% | -3.59% | 3.97% |
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% | 3.36% |
Correlation
The correlation between XHYA.DE and XDEQ.DE is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2017 | 0.53 |
The correlation between XHYA.DE and XDEQ.DE has been stable across timeframes, ranging from 0.52 to 0.62 - a consistent structural relationship.
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Return for Risk
XHYA.DE vs. XDEQ.DE — Risk / Return Rank
XHYA.DE
XDEQ.DE
XHYA.DE vs. XDEQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers EUR High Yield Corporate Bond UCITS ETF (XHYA.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.
| XHYA.DE | XDEQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 3.04 | -1.93 |
| Martin ratioReturn relative to average drawdown | 4.54 | 12.17 | -7.64 |
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
| XHYA.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.78 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.80 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.80 | -0.36 |
Drawdowns
XHYA.DE vs. XDEQ.DE - Drawdown Comparison
The maximum XHYA.DE drawdown since its inception was -23.86%, smaller than the maximum XDEQ.DE drawdown of -32.16%. Use the drawdown chart below to compare losses from any high point for XHYA.DE and XDEQ.DE.
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Drawdown Indicators
| XHYA.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.86% | -32.16% | +8.30% |
Max Drawdown (1Y)Largest decline over 1 year | -2.89% | -6.22% | +3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -4.23% | -20.59% | +16.36% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -20.59% | +6.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.16% | — |
Current DrawdownCurrent decline from peak | -0.22% | 0.00% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -2.52% | -4.75% | +2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 1.56% | -0.85% |
Volatility
XHYA.DE vs. XDEQ.DE - Volatility Comparison
The current volatility for Xtrackers EUR High Yield Corporate Bond UCITS ETF (XHYA.DE) is 1.08%, while Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) has a volatility of 2.36%. This indicates that XHYA.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
| XHYA.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 2.36% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 3.23% | 7.32% | -4.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.82% | 10.64% | -6.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.46% | 14.12% | -8.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.67% | 15.35% | -8.68% |
XHYA.DE vs. XDEQ.DE - Expense Ratio Comparison
XHYA.DE has a 0.20% expense ratio, which is lower than XDEQ.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XHYA.DE vs. XDEQ.DE - Dividend Comparison
Neither XHYA.DE nor XDEQ.DE has paid dividends to shareholders.
Frequently Asked Questions
XHYA.DE and XDEQ.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XHYA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XHYA.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XDEQ.DE.
XHYA.DE is categorized as European High Yield Bonds, while XDEQ.DE is Global Equities. XHYA.DE tracks iBoxx® EUR Liquid High Yield, while XDEQ.DE tracks MSCI ACWI NR USD. Their fees differ too: 0.20% for XHYA.DE and 0.25% for XDEQ.DE.
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