XUEE.DE vs. LYQS.DE
XUEE.DE (Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged) and LYQS.DE (Amundi USD Emerging Markets Government Bond UCITS ETF (Dist)) are both Emerging Markets Bonds funds - XUEE.DE tracks the FTSE Emerging Markets USD Government and Government-Related Bond Select (EUR Hedged) while LYQS.DE tracks the J.P. Morgan EMBI Global Diversified Select Index. Both are passively managed. Over the past 3 years, XUEE.DE returned 6.75%/yr vs 6.19%/yr for LYQS.DE. At a 0.47 correlation, their price movements are largely independent. XUEE.DE charges 0.40%/yr vs 0.25%/yr for LYQS.DE.
Performance
XUEE.DE vs. LYQS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XUEE.DE achieves a 1.61% return, which is significantly lower than LYQS.DE's 4.68% return.
XUEE.DE
- 1D
- 0.00%
- 1M
- -0.71%
- 6M
- 1.68%
- YTD
- 1.61%
- 1Y
- 8.67%
- 3Y*
- 6.75%
- 5Y*
- —
- 10Y*
- —
LYQS.DE
- 1D
- 0.06%
- 1M
- 0.64%
- 6M
- 4.04%
- YTD
- 4.68%
- 1Y
- 11.26%
- 3Y*
- 6.19%
- 5Y*
- 1.45%
- 10Y*
- 1.35%
XUEE.DE vs. LYQS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XUEE.DE Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged | 1.61% | 11.07% | 3.86% | 8.04% | -21.68% | 0.04% |
LYQS.DE Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) | 4.68% | 0.04% | 6.43% | 5.45% | -11.25% | 3.20% |
Correlation
The correlation between XUEE.DE and LYQS.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2021 | 0.47 |
The correlation between XUEE.DE and LYQS.DE shifts across timeframes, from 0.36 (1 year) to 0.49 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
XUEE.DE vs. LYQS.DE — Risk / Return Rank
XUEE.DE
LYQS.DE
XUEE.DE vs. LYQS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged (XUEE.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.
| XUEE.DE | LYQS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.36 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 4.01 | -1.91 |
| Martin ratioReturn relative to average drawdown | 8.41 | 12.39 | -3.98 |
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Drawdowns
XUEE.DE vs. LYQS.DE - Drawdown Comparison
The maximum XUEE.DE drawdown since its inception was -30.69%, smaller than the maximum LYQS.DE drawdown of -33.51%. Use the drawdown chart below to compare losses from any high point for XUEE.DE and LYQS.DE.
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Drawdown Indicators
| XUEE.DE | LYQS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.69% | -33.51% | +2.82% |
Max Drawdown (1Y)Largest decline over 1 year | -4.13% | -2.80% | -1.33% |
Max Drawdown (3Y)Largest decline over 3 years | -8.48% | -12.78% | +4.30% |
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 | -2.52% | -1.53% | -0.99% |
Average DrawdownAverage peak-to-trough decline | -14.17% | -12.90% | -1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 0.91% | +0.12% |
Volatility
XUEE.DE vs. LYQS.DE - Volatility Comparison
The current volatility for Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged (XUEE.DE) is 1.15%, while Amundi USD Emerging Markets Government Bond UCITS ETF (Dist) (LYQS.DE) has a volatility of 1.49%. This indicates that XUEE.DE experiences smaller price fluctuations and is considered to be less risky 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
| XUEE.DE | LYQS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 1.49% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 4.24% | 4.00% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.18% | 5.95% | -0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.05% | 9.62% | -0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.05% | 17.02% | -7.97% |
XUEE.DE vs. LYQS.DE - Expense Ratio Comparison
XUEE.DE has a 0.40% expense ratio, which is higher than LYQS.DE's 0.25% expense ratio.
Dividends
XUEE.DE vs. LYQS.DE - Dividend Comparison
XUEE.DE's dividend yield for the trailing twelve months is around 5.01%, less than LYQS.DE's 5.12% yield.
| 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% |
XUEE.DE Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged | 5.01% | 5.41% | 6.51% | 4.80% | 4.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XUEE.DE and LYQS.DE have a correlation of 0.36, 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 0.40% for XUEE.DE.
XUEE.DE tracks FTSE Emerging Markets USD Government and Government-Related Bond Select (EUR Hedged), 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: 0.40% for XUEE.DE and 0.25% for LYQS.DE.
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