XQUA.DE vs. EMA5.DE
XQUA.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D) and EMA5.DE (L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF) are both Emerging Markets Bonds funds - XQUA.DE tracks the JPM EMBI Global Diversified TR USD while EMA5.DE tracks the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity. Both are passively managed. Over the past 5 years, XQUA.DE returned 0.43%/yr vs 3.38%/yr for EMA5.DE. A 0.72 correlation means they provide meaningful diversification when combined. XQUA.DE charges 0.45%/yr vs 0.25%/yr for EMA5.DE.
Performance
XQUA.DE vs. EMA5.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XQUA.DE achieves a 1.67% return, which is significantly lower than EMA5.DE's 2.33% return.
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%
EMA5.DE
- 1D
- -0.04%
- 1M
- 1.24%
- YTD
- 2.33%
- 6M
- 1.80%
- 1Y
- 4.57%
- 3Y*
- 5.12%
- 5Y*
- 3.38%
- 10Y*
- —
XQUA.DE vs. EMA5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 1.67% | -1.83% | 4.80% | 3.61% | -12.81% | 6.04% | -0.41% |
EMA5.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF | 2.33% | -2.57% | 14.01% | 3.79% | -5.07% | 7.86% | -1.26% |
Correlation
The correlation between XQUA.DE and EMA5.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2020 | 0.72 |
The correlation between XQUA.DE and EMA5.DE has been stable across timeframes, ranging from 0.72 to 0.77 - a consistent structural relationship.
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. EMA5.DE — Risk / Return Rank
XQUA.DE
EMA5.DE
XQUA.DE vs. EMA5.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 L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.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 | EMA5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.13 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.38 | -0.11 |
| Martin ratioReturn relative to average drawdown | 3.54 | 3.47 | +0.07 |
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 | EMA5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.72 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.47 | -0.42 |
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 | 0.47 | -0.31 |
Drawdowns
XQUA.DE vs. EMA5.DE - Drawdown Comparison
The maximum XQUA.DE drawdown since its inception was -20.18%, which is greater than EMA5.DE's maximum drawdown of -10.01%. Use the drawdown chart below to compare losses from any high point for XQUA.DE and EMA5.DE.
Loading charts...
Drawdown Indicators
| XQUA.DE | EMA5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.18% | -10.01% | -10.17% |
Max Drawdown (1Y)Largest decline over 1 year | -4.12% | -3.06% | -1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -11.44% | -10.01% | -1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -16.68% | -10.01% | -6.67% |
Max Drawdown (10Y)Largest decline over 10 years | -20.18% | — | — |
Current DrawdownCurrent decline from peak | -8.97% | -3.17% | -5.80% |
Average DrawdownAverage peak-to-trough decline | -8.61% | -3.55% | -5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 1.22% | +0.27% |
Volatility
XQUA.DE vs. EMA5.DE - Volatility Comparison
The current volatility for Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) is 1.13%, while L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.DE) has a volatility of 2.25%. This indicates that XQUA.DE experiences smaller price fluctuations and is considered to be less risky than EMA5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XQUA.DE | EMA5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 2.25% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.85% | 4.23% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 5.86% | -0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.31% | 7.07% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.85% | 6.94% | +1.91% |
XQUA.DE vs. EMA5.DE - Expense Ratio Comparison
XQUA.DE has a 0.45% expense ratio, which is higher than EMA5.DE's 0.25% expense ratio.
Dividends
XQUA.DE vs. EMA5.DE - Dividend Comparison
XQUA.DE's dividend yield for the trailing twelve months is around 3.90%, less than EMA5.DE's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EMA5.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF | 4.59% | 5.61% | 5.39% | 4.22% | 2.89% | 1.01% | 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 EMA5.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMA5.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMA5.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for XQUA.DE.
XQUA.DE tracks JPM EMBI Global Diversified TR USD, while EMA5.DE tracks J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity. They also come from different issuers: Xtrackers and Legal & General. Their fees differ too: 0.45% for XQUA.DE and 0.25% for EMA5.DE.
Find the right allocation for XQUA.DE and EMA5.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