XQUD.DE vs. XDEW.DE
XQUD.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XQUD.DE is a Emerging Markets Bonds fund tracking the iBoxx® MSCI ESG USD Emerging Markets Sovereigns Quality Weighted, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 3 years, XQUD.DE returned 3.78%/yr vs 12.62%/yr for XDEW.DE. At a 0.42 correlation, their price movements are largely independent. XQUD.DE charges 0.45%/yr vs 0.20%/yr for XDEW.DE.
Performance
XQUD.DE vs. XDEW.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 XDEW.DE's 14.50% return.
XQUD.DE
- 1D
- 0.00%
- 1M
- 0.25%
- 6M
- 1.78%
- YTD
- 2.96%
- 1Y
- 7.40%
- 3Y*
- 3.78%
- 5Y*
- —
- 10Y*
- —
XDEW.DE
- 1D
- -0.34%
- 1M
- 2.32%
- 6M
- 9.75%
- YTD
- 14.50%
- 1Y
- 19.87%
- 3Y*
- 12.62%
- 5Y*
- 9.52%
- 10Y*
- 11.04%
XQUD.DE vs. XDEW.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% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.50% | -0.46% | 18.66% | 10.08% | 1.64% |
Correlation
The correlation between XQUD.DE and XDEW.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2022 | 0.42 |
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Return for Risk
XQUD.DE vs. XDEW.DE — Risk / Return Rank
XQUD.DE
XDEW.DE
XQUD.DE vs. XDEW.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 Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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 | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.35 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 3.91 | -1.98 |
| Martin ratioReturn relative to average drawdown | 5.79 | 12.05 | -6.26 |
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Drawdowns
XQUD.DE vs. XDEW.DE - Drawdown Comparison
The maximum XQUD.DE drawdown since its inception was -12.01%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XQUD.DE and XDEW.DE.
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Drawdown Indicators
| XQUD.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.01% | -38.79% | +26.78% |
Max Drawdown (1Y)Largest decline over 1 year | -3.84% | -5.06% | +1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -11.40% | -22.70% | +11.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.79% | — |
Current DrawdownCurrent decline from peak | -2.05% | -0.61% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -5.33% | -0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.28% | 1.65% | -0.37% |
Volatility
XQUD.DE vs. XDEW.DE - Volatility Comparison
The current volatility for Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF (XQUD.DE) is 1.14%, while Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) has a volatility of 2.81%. This indicates that XQUD.DE experiences smaller price fluctuations and is considered to be less risky than XDEW.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 | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.14% | 2.81% | -1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 3.77% | 6.82% | -3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.73% | 10.43% | -4.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.94% | 14.90% | -6.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.94% | 16.80% | -8.86% |
XQUD.DE vs. XDEW.DE - Expense Ratio Comparison
XQUD.DE has a 0.45% expense ratio, which is higher than XDEW.DE's 0.20% expense ratio.
Dividends
XQUD.DE vs. XDEW.DE - Dividend Comparison
Neither XQUD.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
XQUD.DE and XDEW.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEW.DE is cheaper with a 0.20% expense ratio, compared with 0.45% for XQUD.DE.
XQUD.DE is categorized as Emerging Markets Bonds, while XDEW.DE is S&P 500. XQUD.DE tracks iBoxx® MSCI ESG USD Emerging Markets Sovereigns Quality Weighted, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.45% for XQUD.DE and 0.20% for XDEW.DE.
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