XT01.DE vs. XCS2.DE
XT01.DE (Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C) and XCS2.DE (Xtrackers II Australia Government Bond UCITS ETF (Acc)) are both Government Bonds funds from Xtrackers - XT01.DE tracks the FTSE US Treasury Short Duration Index while XCS2.DE tracks the FTSE Australian Government Bond Index. Both are passively managed. Over the past 5 years, XT01.DE returned 4.09%/yr vs -1.92%/yr for XCS2.DE. At a correlation of -0.07, they often move in opposite directions. XT01.DE charges 0.06%/yr vs 0.25%/yr for XCS2.DE.
Performance
XT01.DE vs. XCS2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XT01.DE achieves a 4.64% return, which is significantly lower than XCS2.DE's 8.80% return.
XT01.DE
- 1D
- 0.00%
- 1M
- 1.69%
- 6M
- 3.59%
- YTD
- 4.64%
- 1Y
- 5.32%
- 3Y*
- 4.02%
- 5Y*
- 4.09%
- 10Y*
- —
XCS2.DE
- 1D
- 0.11%
- 1M
- 0.11%
- 6M
- 7.57%
- YTD
- 8.80%
- 1Y
- 10.13%
- 3Y*
- 2.65%
- 5Y*
- -1.92%
- 10Y*
- -0.29%
XT01.DE vs. XCS2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XT01.DE Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C | 4.64% | -7.30% | 11.24% | 1.44% | 7.11% | 8.43% | -3.74% |
XCS2.DE Xtrackers II Australia Government Bond UCITS ETF (Acc) | 8.80% | -2.17% | -1.70% | 0.78% | -13.88% | -0.26% | 1.84% |
Correlation
The correlation between XT01.DE and XCS2.DE is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2020 | -0.07 |
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Return for Risk
XT01.DE vs. XCS2.DE — Risk / Return Rank
XT01.DE
XCS2.DE
XT01.DE vs. XCS2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.DE) and Xtrackers II Australia Government Bond UCITS ETF (Acc) (XCS2.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.
| XT01.DE | XCS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.20 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 2.21 | -0.64 |
| Martin ratioReturn relative to average drawdown | 3.74 | 7.24 | -3.50 |
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Drawdowns
XT01.DE vs. XCS2.DE - Drawdown Comparison
The maximum XT01.DE drawdown since its inception was -11.68%, smaller than the maximum XCS2.DE drawdown of -41.58%. Use the drawdown chart below to compare losses from any high point for XT01.DE and XCS2.DE.
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Drawdown Indicators
| XT01.DE | XCS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.68% | -41.58% | +29.90% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -4.56% | +1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -11.68% | -12.00% | +0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -11.68% | -22.36% | +10.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.58% | — |
Current DrawdownCurrent decline from peak | -5.35% | -32.75% | +27.40% |
Average DrawdownAverage peak-to-trough decline | -4.91% | -25.77% | +20.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 1.40% | +0.03% |
Volatility
XT01.DE vs. XCS2.DE - Volatility Comparison
The current volatility for Xtrackers US Treasuries Ultrashort Bond UCITS ETF 1C (XT01.DE) is 1.58%, while Xtrackers II Australia Government Bond UCITS ETF (Acc) (XCS2.DE) has a volatility of 2.74%. This indicates that XT01.DE experiences smaller price fluctuations and is considered to be less risky than XCS2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XT01.DE | XCS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 2.74% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 4.22% | 7.35% | -3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.04% | 8.96% | -2.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 10.16% | -2.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.28% | 21.02% | -13.74% |
XT01.DE vs. XCS2.DE - Expense Ratio Comparison
XT01.DE has a 0.06% expense ratio, which is lower than XCS2.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XT01.DE vs. XCS2.DE - Dividend Comparison
Neither XT01.DE nor XCS2.DE has paid dividends to shareholders.
Frequently Asked Questions
XT01.DE and XCS2.DE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XT01.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XT01.DE is cheaper with a 0.06% expense ratio, compared with 0.25% for XCS2.DE.
XT01.DE tracks FTSE US Treasury Short Duration Index, while XCS2.DE tracks FTSE Australian Government Bond Index. Their fees differ too: 0.06% for XT01.DE and 0.25% for XCS2.DE.
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