XQUD.DE vs. LYQS.DE
XQUD.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF) and LYQS.DE (Amundi USD Emerging Markets Government Bond UCITS ETF (Dist)) are both Emerging Markets Bonds funds - XQUD.DE tracks the iBoxx® MSCI ESG USD Emerging Markets Sovereigns Quality Weighted while LYQS.DE tracks the J.P. Morgan EMBI Global Diversified Select Index. Both are passively managed. Over the past 3 years, XQUD.DE returned 3.78%/yr vs 5.80%/yr for LYQS.DE. Their correlation of 0.84 suggests significant overlap in exposure. XQUD.DE charges 0.45%/yr vs 0.25%/yr for LYQS.DE.
Performance
XQUD.DE vs. LYQS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XQUD.DE achieves a 2.96% return, which is significantly lower than LYQS.DE's 4.61% return.
XQUD.DE
- 1D
- 0.00%
- 1M
- 0.25%
- 6M
- 1.78%
- YTD
- 2.96%
- 1Y
- 7.40%
- 3Y*
- 3.78%
- 5Y*
- —
- 10Y*
- —
LYQS.DE
- 1D
- 0.10%
- 1M
- 0.68%
- 6M
- 3.34%
- YTD
- 4.61%
- 1Y
- 10.90%
- 3Y*
- 5.80%
- 5Y*
- 1.43%
- 10Y*
- 1.37%
XQUD.DE vs. LYQS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XQUD.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF | 2.96% | -1.36% | 5.23% | 3.70% | -0.19% |
LYQS.DE Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) | 4.61% | 0.04% | 6.43% | 5.45% | 0.30% |
Correlation
The correlation between XQUD.DE and LYQS.DE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2022 | 0.84 |
The correlation between XQUD.DE and LYQS.DE has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.
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Return for Risk
XQUD.DE vs. LYQS.DE — Risk / Return Rank
XQUD.DE
LYQS.DE
XQUD.DE vs. LYQS.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 (XQUD.DE) and Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) (LYQS.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.
| XQUD.DE | LYQS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.36 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 3.88 | -1.94 |
| Martin ratioReturn relative to average drawdown | 5.79 | 11.90 | -6.12 |
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Drawdowns
XQUD.DE vs. LYQS.DE - Drawdown Comparison
The maximum XQUD.DE drawdown since its inception was -12.01%, smaller than the maximum LYQS.DE drawdown of -33.51%. Use the drawdown chart below to compare losses from any high point for XQUD.DE and LYQS.DE.
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Drawdown Indicators
| XQUD.DE | LYQS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.01% | -33.51% | +21.50% |
Max Drawdown (1Y)Largest decline over 1 year | -3.84% | -2.80% | -1.04% |
Max Drawdown (3Y)Largest decline over 3 years | -11.40% | -12.78% | +1.38% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.61% | — |
Current DrawdownCurrent decline from peak | -2.05% | -1.60% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -12.89% | +7.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.28% | 0.91% | +0.37% |
Volatility
XQUD.DE vs. LYQS.DE - Volatility Comparison
Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF (XQUD.DE) has a higher volatility of 1.14% compared to Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) (LYQS.DE) at 1.07%. This indicates that XQUD.DE's price experiences larger fluctuations and is considered to be riskier than LYQS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XQUD.DE | LYQS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.14% | 1.07% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 3.77% | 3.93% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.73% | 5.82% | -0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.94% | 9.62% | -1.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.94% | 17.02% | -9.08% |
XQUD.DE vs. LYQS.DE - Expense Ratio Comparison
XQUD.DE has a 0.45% expense ratio, which is higher than LYQS.DE's 0.25% expense ratio.
Dividends
XQUD.DE vs. LYQS.DE - Dividend Comparison
XQUD.DE has not paid dividends to shareholders, while LYQS.DE's dividend yield for the trailing twelve months is around 5.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYQS.DE Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) | 5.12% | 5.36% | 3.57% | 6.06% | 6.00% | 4.33% | 4.48% | 5.10% | 5.08% | 5.40% | 5.15% | 6.61% |
XQUD.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF | 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
XQUD.DE and LYQS.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYQS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYQS.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for XQUD.DE.
XQUD.DE tracks iBoxx® MSCI ESG USD Emerging Markets Sovereigns Quality Weighted, while LYQS.DE tracks J.P. Morgan EMBI Global Diversified Select Index. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.45% for XQUD.DE and 0.25% for LYQS.DE.
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