XQUA.DE vs. CEB0.DE
XQUA.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D) and CEB0.DE (iShares China CNY Bond UCITS ETF EUR Hedged Dist) are both Emerging Markets Bonds funds - XQUA.DE tracks the JPM EMBI Global Diversified TR USD while CEB0.DE tracks the Bloomberg Barclays China Treasury + Policy Bank Index. Both are passively managed. Over the past year, XQUA.DE returned 5.57% vs 1.54% for CEB0.DE. At a 0.07 correlation, their price movements are largely independent. XQUA.DE charges 0.45%/yr vs 0.40%/yr for CEB0.DE.
Performance
XQUA.DE vs. CEB0.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with XQUA.DE having a 1.67% return and CEB0.DE slightly lower at 1.63%.
XQUA.DE
- 1D
- -0.04%
- 1M
- 1.08%
- YTD
- 1.67%
- 6M
- 0.59%
- 1Y
- 5.57%
- 3Y*
- 1.89%
- 5Y*
- 0.43%
- 10Y*
- 1.37%
CEB0.DE
- 1D
- -0.13%
- 1M
- 0.36%
- YTD
- 1.63%
- 6M
- 1.65%
- 1Y
- 1.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XQUA.DE vs. CEB0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 1.67% | -1.83% | 5.28% |
CEB0.DE iShares China CNY Bond UCITS ETF EUR Hedged Dist | 1.63% | 0.43% | 6.89% |
Correlation
The correlation between XQUA.DE and CEB0.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2024 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XQUA.DE vs. CEB0.DE — Risk / Return Rank
XQUA.DE
CEB0.DE
XQUA.DE vs. CEB0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) and iShares China CNY Bond UCITS ETF EUR Hedged Dist (CEB0.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.
| XQUA.DE | CEB0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.43 | -0.15 |
| Martin ratioReturn relative to average drawdown | 3.54 | 3.02 | +0.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XQUA.DE | CEB0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.94 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 2.03 | -1.87 |
Drawdowns
XQUA.DE vs. CEB0.DE - Drawdown Comparison
The maximum XQUA.DE drawdown since its inception was -20.18%, which is greater than CEB0.DE's maximum drawdown of -1.83%. Use the drawdown chart below to compare losses from any high point for XQUA.DE and CEB0.DE.
Loading charts...
Drawdown Indicators
| XQUA.DE | CEB0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.18% | -1.83% | -18.35% |
Max Drawdown (1Y)Largest decline over 1 year | -4.12% | -1.11% | -3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -11.44% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -20.18% | — | — |
Current DrawdownCurrent decline from peak | -8.97% | -0.34% | -8.63% |
Average DrawdownAverage peak-to-trough decline | -8.61% | -0.38% | -8.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 0.52% | +0.97% |
Volatility
XQUA.DE vs. CEB0.DE - Volatility Comparison
Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) has a higher volatility of 1.13% compared to iShares China CNY Bond UCITS ETF EUR Hedged Dist (CEB0.DE) at 1.02%. This indicates that XQUA.DE's price experiences larger fluctuations and is considered to be riskier than CEB0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XQUA.DE | CEB0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 1.02% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 3.85% | 1.45% | +2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 1.68% | +4.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.31% | 2.03% | +6.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.85% | 2.03% | +6.82% |
XQUA.DE vs. CEB0.DE - Expense Ratio Comparison
XQUA.DE has a 0.45% expense ratio, which is higher than CEB0.DE's 0.40% expense ratio.
Dividends
XQUA.DE vs. CEB0.DE - Dividend Comparison
XQUA.DE's dividend yield for the trailing twelve months is around 3.90%, more than CEB0.DE's 1.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CEB0.DE iShares China CNY Bond UCITS ETF EUR Hedged Dist | 1.81% | 1.84% | 1.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 3.90% | 4.38% | 4.01% | 4.02% | 6.75% | 3.16% | 4.33% | 3.72% | 2.50% | 3.53% |
Frequently Asked Questions
XQUA.DE and CEB0.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEB0.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEB0.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for XQUA.DE.
XQUA.DE tracks JPM EMBI Global Diversified TR USD, while CEB0.DE tracks Bloomberg Barclays China Treasury + Policy Bank Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.45% for XQUA.DE and 0.40% for CEB0.DE.
Find the right allocation for XQUA.DE and CEB0.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer