XNAS.DE vs. XCMC.DE
XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) and XCMC.DE (Xtrackers Bloomberg Commodity Swap UCITS ETF 1C) are both exchange-traded funds - XNAS.DE is a Nasdaq-100 fund tracking the Nasdaq 100®, while XCMC.DE is a Commodities fund tracking the Bloomberg Commodity 3 Month Forward. Both are passively managed. Over the past 3 years, XNAS.DE returned 24.64%/yr vs 11.29%/yr for XCMC.DE. At a 0.11 correlation, their price movements are largely independent. XNAS.DE charges 0.20%/yr vs 0.19%/yr for XCMC.DE.
Performance
XNAS.DE vs. XCMC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNAS.DE achieves a 20.53% return, which is significantly lower than XCMC.DE's 28.51% return.
XNAS.DE
- 1D
- -0.83%
- 1M
- 9.23%
- YTD
- 20.53%
- 6M
- 19.39%
- 1Y
- 37.85%
- 3Y*
- 24.64%
- 5Y*
- 18.79%
- 10Y*
- —
XCMC.DE
- 1D
- -1.20%
- 1M
- -1.31%
- YTD
- 28.51%
- 6M
- 19.96%
- 1Y
- 29.14%
- 3Y*
- 11.29%
- 5Y*
- —
- 10Y*
- —
XNAS.DE vs. XCMC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 20.53% | 7.11% | 33.75% | 51.36% | -29.99% | 3.97% |
XCMC.DE Xtrackers Bloomberg Commodity Swap UCITS ETF 1C | 28.51% | -2.66% | 11.92% | -9.34% | 24.84% | -11.32% |
Correlation
The correlation between XNAS.DE and XCMC.DE is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.11 |
The correlation between XNAS.DE and XCMC.DE shifts across timeframes, from 0.02 (1 year) to 0.13 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
XNAS.DE vs. XCMC.DE — Risk / Return Rank
XNAS.DE
XCMC.DE
XNAS.DE vs. XCMC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) and Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.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.
| XNAS.DE | XCMC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.32 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 3.72 | +0.05 |
| Martin ratioReturn relative to average drawdown | 11.16 | 8.44 | +2.73 |
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
| XNAS.DE | XCMC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 1.66 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.44 | +0.46 |
Drawdowns
XNAS.DE vs. XCMC.DE - Drawdown Comparison
The maximum XNAS.DE drawdown since its inception was -31.25%, which is greater than XCMC.DE's maximum drawdown of -22.91%. Use the drawdown chart below to compare losses from any high point for XNAS.DE and XCMC.DE.
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Drawdown Indicators
| XNAS.DE | XCMC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.25% | -22.91% | -8.34% |
Max Drawdown (1Y)Largest decline over 1 year | -10.00% | -7.80% | -2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -26.72% | -14.82% | -11.90% |
Max Drawdown (5Y)Largest decline over 5 years | -31.25% | — | — |
Current DrawdownCurrent decline from peak | -0.83% | -3.42% | +2.59% |
Average DrawdownAverage peak-to-trough decline | -7.83% | -12.68% | +4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 3.45% | -0.07% |
Volatility
XNAS.DE vs. XCMC.DE - Volatility Comparison
The current volatility for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) is 4.31%, while Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) has a volatility of 4.94%. This indicates that XNAS.DE experiences smaller price fluctuations and is considered to be less risky than XCMC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNAS.DE | XCMC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 4.94% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 10.91% | 15.31% | -4.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.71% | 17.48% | -1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.88% | 17.33% | +2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.84% | 17.33% | +2.51% |
XNAS.DE vs. XCMC.DE - Expense Ratio Comparison
XNAS.DE has a 0.20% expense ratio, which is higher than XCMC.DE's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XNAS.DE vs. XCMC.DE - Dividend Comparison
Neither XNAS.DE nor XCMC.DE has paid dividends to shareholders.
Frequently Asked Questions
XNAS.DE and XCMC.DE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XCMC.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XCMC.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for XNAS.DE.
XNAS.DE is categorized as Nasdaq-100, while XCMC.DE is Commodities. XNAS.DE tracks Nasdaq 100®, while XCMC.DE tracks Bloomberg Commodity 3 Month Forward. Their fees differ too: 0.20% for XNAS.DE and 0.19% for XCMC.DE.
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