XQUA.L vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.L) and Bitcoin (BTC-USD).

XQUA.L is a passively managed fund by Xtrackers that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on Apr 6, 2016.

Performance

XQUA.L vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.L) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

XQUA.L vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XQUA.L Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D	-1.10%	10.82%	-0.40%	7.51%	-17.76%	-1.45%	6.97%	10.02%	-6.59%	4.54%
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%

Returns By Period

In the year-to-date period, XQUA.L achieves a -1.10% return, which is significantly higher than BTC-USD's -21.63% return.

XQUA.L

• 1D: 0.73%
• 1M: -2.07%
• YTD: -1.10%
• 6M: -0.10%
• 1Y: 6.10%
• 3Y*: 4.48%
• 5Y*: -0.04%
• 10Y*: —

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

XQUA.L vs. BTC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XQUA.L

XQUA.L Risk / Return Rank: 57
XQUA.L Sharpe Ratio Rank: 63
XQUA.L Sortino Ratio Rank: 62
XQUA.L Omega Ratio Rank: 56
XQUA.L Calmar Ratio Rank: 51
XQUA.L Martin Ratio Rank: 52

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XQUA.L vs. BTC-USD - 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.L) and Bitcoin (BTC-USD). 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.L	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	1.18	-0.44	+1.62
Sortino ratio Return per unit of downside risk	1.68	-0.38	+2.06
Omega ratio Gain probability vs. loss probability	1.22	0.96	+0.26
Calmar ratio Return relative to maximum drawdown	1.52	-1.11	+2.62
Martin ratio Return relative to average drawdown	5.78	-1.99	+7.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XQUA.L vs. BTC-USD - Sharpe Ratio Comparison

The current XQUA.L Sharpe Ratio is 1.18, which is higher than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of XQUA.L and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XQUA.L	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	-0.44	+1.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.00	0.05	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	1.19	-1.10

Correlation

The correlation between XQUA.L and BTC-USD is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

XQUA.L vs. BTC-USD - Drawdown Comparison

The maximum XQUA.L drawdown since its inception was -26.27%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for XQUA.L and BTC-USD.

Drawdown Indicators

	XQUA.L	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-26.27%	-85.30%	+59.03%
Max Drawdown (1Y) Largest decline over 1 year	-4.02%	-49.65%	+45.63%
Max Drawdown (5Y) Largest decline over 5 years	-26.26%	-76.67%	+50.41%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-4.88%	-45.02%	+40.14%
Average Drawdown Average peak-to-trough decline	-7.80%	-41.99%	+34.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	27.60%	-26.54%

Volatility

XQUA.L vs. BTC-USD - Volatility Comparison

The current volatility for Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.L) is 2.05%, while Bitcoin (BTC-USD) has a volatility of 13.58%. This indicates that XQUA.L experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XQUA.L	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.05%	13.58%	-11.53%
Volatility (6M) Calculated over the trailing 6-month period	3.06%	35.98%	-32.92%
Volatility (1Y) Calculated over the trailing 1-year period	5.20%	36.76%	-31.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.96%	46.90%	-38.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.67%	56.70%	-48.03%