XUEE.DE vs. XQUA.DE
XUEE.DE (Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged) and XQUA.DE (Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D) are both Emerging Markets Bonds funds from Xtrackers - XUEE.DE tracks the FTSE Emerging Markets USD Government and Government-Related Bond Select (EUR Hedged) while XQUA.DE tracks the JPM EMBI Global Diversified TR USD. Both are passively managed. Over the past 3 years, XUEE.DE returned 7.16%/yr vs 1.89%/yr for XQUA.DE. A 0.50 correlation means they provide meaningful diversification when combined. XUEE.DE charges 0.40%/yr vs 0.45%/yr for XQUA.DE.
Performance
XUEE.DE vs. XQUA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XUEE.DE achieves a 1.11% return, which is significantly lower than XQUA.DE's 1.67% return.
XUEE.DE
- 1D
- -0.01%
- 1M
- 0.45%
- YTD
- 1.11%
- 6M
- 1.53%
- 1Y
- 8.78%
- 3Y*
- 7.16%
- 5Y*
- —
- 10Y*
- —
XQUA.DE
- 1D
- -0.04%
- 1M
- 1.14%
- YTD
- 1.67%
- 6M
- 0.76%
- 1Y
- 5.29%
- 3Y*
- 1.89%
- 5Y*
- 0.43%
- 10Y*
- 1.37%
XUEE.DE vs. XQUA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XUEE.DE Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged | 1.11% | 10.44% | 3.34% | 7.63% | -21.79% | -0.09% |
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 1.67% | -1.83% | 4.80% | 3.61% | -12.81% | 3.71% |
Correlation
The correlation between XUEE.DE and XQUA.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2021 | 0.50 |
Over the past year, the correlation between XUEE.DE and XQUA.DE has dropped to 0.27 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XUEE.DE vs. XQUA.DE — Risk / Return Rank
XUEE.DE
XQUA.DE
XUEE.DE vs. XQUA.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 Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.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.
| XUEE.DE | XQUA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.16 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.28 | +0.75 |
| Martin ratioReturn relative to average drawdown | 7.91 | 3.54 | +4.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XUEE.DE | XQUA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 0.91 | +0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.05 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.16 | -0.23 |
Drawdowns
XUEE.DE vs. XQUA.DE - Drawdown Comparison
The maximum XUEE.DE drawdown since its inception was -30.78%, which is greater than XQUA.DE's maximum drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for XUEE.DE and XQUA.DE.
Loading charts...
Drawdown Indicators
| XUEE.DE | XQUA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.78% | -20.18% | -10.60% |
Max Drawdown (1Y)Largest decline over 1 year | -4.31% | -4.12% | -0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -8.57% | -11.44% | +2.87% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.68% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.18% | — |
Current DrawdownCurrent decline from peak | -4.52% | -8.97% | +4.45% |
Average DrawdownAverage peak-to-trough decline | -15.12% | -8.61% | -6.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 1.49% | -0.38% |
Volatility
XUEE.DE vs. XQUA.DE - Volatility Comparison
Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged (XUEE.DE) has a higher volatility of 1.82% compared to Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D (XQUA.DE) at 1.13%. This indicates that XUEE.DE's price experiences larger fluctuations and is considered to be riskier than XQUA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XUEE.DE | XQUA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 1.13% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 4.15% | 3.85% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.12% | 5.82% | -0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 8.31% | +0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.14% | 8.85% | +0.29% |
XUEE.DE vs. XQUA.DE - Expense Ratio Comparison
XUEE.DE has a 0.40% expense ratio, which is lower than XQUA.DE's 0.45% expense ratio.
Dividends
XUEE.DE vs. XQUA.DE - Dividend Comparison
XUEE.DE's dividend yield for the trailing twelve months is around 4.31%, more than XQUA.DE's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
XQUA.DE Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF 1D | 3.90% | 4.38% | 4.01% | 4.02% | 6.75% | 3.16% | 4.33% | 3.72% | 2.50% | 3.53% |
XUEE.DE Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged | 4.31% | 4.86% | 6.00% | 4.45% | 4.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XUEE.DE and XQUA.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUEE.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUEE.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for XQUA.DE.
XUEE.DE tracks FTSE Emerging Markets USD Government and Government-Related Bond Select (EUR Hedged), while XQUA.DE tracks JPM EMBI Global Diversified TR USD. Their fees differ too: 0.40% for XUEE.DE and 0.45% for XQUA.DE.
Find the right allocation for XUEE.DE and XQUA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer