XNIF.L vs. DBRC.L
XNIF.L (Xtrackers Nifty 50 Swap UCITS ETF 1C) and DBRC.L (iShares BIC 50 UCITS ETF USD (Dist)) are both exchange-traded funds - XNIF.L is a India Equities fund tracking the MSCI India NR USD, while DBRC.L is a Emerging Markets Equities fund tracking the FTSE BIC 50 Net of Tax Index. Both are passively managed. Over the past 10 years, XNIF.L returned 6.17%/yr vs 2.17%/yr for DBRC.L. At a 0.48 correlation, their price movements are largely independent. XNIF.L charges 0.85%/yr vs 0.74%/yr for DBRC.L.
Performance
XNIF.L vs. DBRC.L - Performance Comparison
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Different Trading Currencies
XNIF.L is traded in GBp, while DBRC.L is traded in USD. To make them comparable, the DBRC.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XNIF.L achieves a -13.58% return, which is significantly lower than DBRC.L's -9.48% return. Over the past 10 years, XNIF.L has outperformed DBRC.L with an annualized return of 6.17%, while DBRC.L has yielded a comparatively lower 2.17% annualized return.
XNIF.L
- 1D
- 1.22%
- 1M
- -1.22%
- 6M
- -11.12%
- YTD
- -13.58%
- 1Y
- -14.30%
- 3Y*
- 0.19%
- 5Y*
- 3.66%
- 10Y*
- 6.17%
DBRC.L
- 1D
- 0.88%
- 1M
- 1.73%
- 6M
- -12.45%
- YTD
- -9.48%
- 1Y
- -5.47%
- 3Y*
- 6.50%
- 5Y*
- -6.44%
- 10Y*
- 2.17%
XNIF.L vs. DBRC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XNIF.L Xtrackers Nifty 50 Swap UCITS ETF 1C | -13.58% | -1.71% | 6.70% | 11.98% | 5.08% | 23.10% | 7.50% | 5.06% | -1.17% | 23.90% |
DBRC.L iShares BIC 50 UCITS ETF USD (Dist) | -9.48% | 20.41% | 15.79% | -12.21% | -20.51% | -23.21% | 16.51% | 17.18% | -2.97% | 24.40% |
Correlation
The correlation between XNIF.L and DBRC.L 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 | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.49 |
Over the past year, the correlation between XNIF.L and DBRC.L has dropped to 0.24 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
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Return for Risk
XNIF.L vs. DBRC.L — Risk / Return Rank
XNIF.L
DBRC.L
XNIF.L vs. DBRC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) and iShares BIC 50 UCITS ETF USD (Dist) (DBRC.L). 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.
| XNIF.L | DBRC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.98 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | -0.18 | -0.49 |
| Martin ratioReturn relative to average drawdown | -1.24 | -0.41 | -0.83 |
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Drawdowns
XNIF.L vs. DBRC.L - Drawdown Comparison
The maximum XNIF.L drawdown since its inception was -78.21%, which is greater than DBRC.L's maximum drawdown of -64.12%. Use the drawdown chart below to compare losses from any high point for XNIF.L and DBRC.L.
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Drawdown Indicators
| XNIF.L | DBRC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.21% | -64.12% | -14.09% |
Max Drawdown (1Y)Largest decline over 1 year | -21.09% | -24.76% | +3.67% |
Max Drawdown (3Y)Largest decline over 3 years | -25.36% | -24.76% | -0.60% |
Max Drawdown (5Y)Largest decline over 5 years | -25.36% | -49.24% | +23.88% |
Max Drawdown (10Y)Largest decline over 10 years | -38.55% | -59.33% | +20.78% |
Current DrawdownCurrent decline from peak | -21.79% | -41.83% | +20.04% |
Average DrawdownAverage peak-to-trough decline | -33.76% | -22.18% | -11.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.52% | 11.18% | +0.34% |
Volatility
XNIF.L vs. DBRC.L - Volatility Comparison
The current volatility for Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) is 4.36%, while iShares BIC 50 UCITS ETF USD (Dist) (DBRC.L) has a volatility of 5.43%. This indicates that XNIF.L experiences smaller price fluctuations and is considered to be less risky than DBRC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNIF.L | DBRC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.36% | 5.43% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 12.78% | 14.22% | -1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.13% | 19.42% | -4.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.78% | 29.11% | -8.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.81% | 25.90% | -4.09% |
XNIF.L vs. DBRC.L - Expense Ratio Comparison
XNIF.L has a 0.85% expense ratio, which is higher than DBRC.L's 0.74% expense ratio.
Dividends
XNIF.L vs. DBRC.L - Dividend Comparison
XNIF.L has not paid dividends to shareholders, while DBRC.L's dividend yield for the trailing twelve months is around 1.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBRC.L iShares BIC 50 UCITS ETF USD (Dist) | 1.60% | 1.74% | 2.81% | 2.60% | 3.58% | 1.58% | 1.43% | 2.02% | 2.96% | 1.94% | 1.89% | 2.68% |
XNIF.L Xtrackers Nifty 50 Swap 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% | 0.00% |
Frequently Asked Questions
XNIF.L and DBRC.L 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.
On fees, DBRC.L is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBRC.L is cheaper with a 0.74% expense ratio, compared with 0.85% for XNIF.L.
XNIF.L is categorized as India Equities, while DBRC.L is Emerging Markets Equities. XNIF.L tracks MSCI India NR USD, while DBRC.L tracks FTSE BIC 50 Net of Tax Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.85% for XNIF.L and 0.74% for DBRC.L.
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