XQUA.DE vs. JPBM.DE
XQUA.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D) and JPBM.DE (JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist)) are both Emerging Markets Bonds funds tracking the JPM EMBI Global Diversified TR USD, from Xtrackers and JPMorgan respectively. Both are passively managed. Over the past 5 years, XQUA.DE returned 0.12%/yr vs 1.94%/yr for JPBM.DE. A 0.77 correlation means they provide meaningful diversification when combined. XQUA.DE charges 0.45%/yr vs 0.39%/yr for JPBM.DE.
Performance
XQUA.DE vs. JPBM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XQUA.DE achieves a 3.11% return, which is significantly lower than JPBM.DE's 4.40% return.
XQUA.DE
- 1D
- -0.22%
- 1M
- 0.44%
- 6M
- 2.55%
- YTD
- 3.11%
- 1Y
- 7.86%
- 3Y*
- 3.90%
- 5Y*
- 0.12%
- 10Y*
- 1.36%
JPBM.DE
- 1D
- -0.08%
- 1M
- 0.64%
- 6M
- 3.84%
- YTD
- 4.40%
- 1Y
- 11.06%
- 3Y*
- 6.59%
- 5Y*
- 1.94%
- 10Y*
- —
XQUA.DE vs. JPBM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 3.11% | -1.36% | 5.24% | 3.95% | -12.55% | 6.78% | -2.76% | 17.84% | 8.45% |
JPBM.DE JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) | 4.40% | 0.87% | 7.74% | 5.71% | -10.77% | 5.50% | -4.06% | 21.24% | -15.26% |
Correlation
The correlation between XQUA.DE and JPBM.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018 | 0.77 |
The correlation between XQUA.DE and JPBM.DE shifts across timeframes, from 0.76 (1 year) to 0.89 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XQUA.DE vs. JPBM.DE — Risk / Return Rank
XQUA.DE
JPBM.DE
XQUA.DE vs. JPBM.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 JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) (JPBM.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.
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.
| XQUA.DE | JPBM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.35 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 3.59 | -1.67 |
| Martin ratioReturn relative to average drawdown | 5.79 | 10.32 | -4.53 |
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Drawdowns
XQUA.DE vs. JPBM.DE - Drawdown Comparison
The maximum XQUA.DE drawdown since its inception was -20.21%, smaller than the maximum JPBM.DE drawdown of -25.94%. Use the drawdown chart below to compare losses from any high point for XQUA.DE and JPBM.DE.
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Drawdown Indicators
| XQUA.DE | JPBM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.21% | -25.94% | +5.73% |
Max Drawdown (1Y)Largest decline over 1 year | -4.06% | -3.07% | -0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -11.47% | -12.49% | +1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -16.16% | -14.10% | -2.06% |
Max Drawdown (10Y)Largest decline over 10 years | -20.21% | — | — |
Current DrawdownCurrent decline from peak | -5.07% | -1.44% | -3.63% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -9.22% | +0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 1.07% | +0.28% |
Volatility
XQUA.DE vs. JPBM.DE - Volatility Comparison
Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) and JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) (JPBM.DE) have volatilities of 1.59% and 1.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XQUA.DE | JPBM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.59% | 1.67% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 3.87% | 4.03% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.22% | 5.91% | +0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.33% | 8.48% | -0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.81% | 14.85% | -6.04% |
XQUA.DE vs. JPBM.DE - Expense Ratio Comparison
XQUA.DE has a 0.45% expense ratio, which is higher than JPBM.DE's 0.39% expense ratio.
Dividends
XQUA.DE vs. JPBM.DE - Dividend Comparison
XQUA.DE's dividend yield for the trailing twelve months is around 4.52%, less than JPBM.DE's 5.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
JPBM.DE JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) | 5.80% | 6.24% | 5.67% | 5.42% | 5.58% | 3.96% | 4.40% | 4.40% | 4.04% | 0.00% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 4.52% | 4.80% | 4.40% | 4.34% | 7.07% | 3.83% | 4.92% | 4.19% | 3.08% | 3.74% |
Frequently Asked Questions
XQUA.DE and JPBM.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPBM.DE is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPBM.DE is cheaper with a 0.39% expense ratio, compared with 0.45% for XQUA.DE.
Both ETFs track JPM EMBI Global Diversified TR USD. They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.45% for XQUA.DE and 0.39% for JPBM.DE.
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