XUEE.DE vs. XSX6.DE
XUEE.DE (Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both exchange-traded funds - XUEE.DE is a Emerging Markets Bonds fund tracking the FTSE Emerging Markets USD Government and Government-Related Bond Select (EUR Hedged), while XSX6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 3 years, XUEE.DE returned 7.16%/yr vs 13.95%/yr for XSX6.DE. At a 0.47 correlation, their price movements are largely independent. XUEE.DE charges 0.40%/yr vs 0.20%/yr for XSX6.DE.
Performance
XUEE.DE vs. XSX6.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XUEE.DE achieves a 1.11% return, which is significantly lower than XSX6.DE's 7.40% return.
XUEE.DE
- 1D
- -0.01%
- 1M
- 0.45%
- YTD
- 1.11%
- 6M
- 1.53%
- 1Y
- 8.78%
- 3Y*
- 7.16%
- 5Y*
- —
- 10Y*
- —
XSX6.DE
- 1D
- 0.59%
- 1M
- 0.87%
- YTD
- 7.40%
- 6M
- 10.04%
- 1Y
- 16.19%
- 3Y*
- 13.95%
- 5Y*
- 9.70%
- 10Y*
- 9.14%
XUEE.DE vs. XSX6.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% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 7.40% | 20.91% | 8.35% | 15.54% | -10.63% | 4.45% |
Correlation
The correlation between XUEE.DE and XSX6.DE is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2021 | 0.47 |
The correlation between XUEE.DE and XSX6.DE has been stable across timeframes, ranging from 0.44 to 0.52 - a consistent structural relationship.
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Return for Risk
XUEE.DE vs. XSX6.DE — Risk / Return Rank
XUEE.DE
XSX6.DE
XUEE.DE vs. XSX6.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 STOXX Europe 600 UCITS ETF (XSX6.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 | XSX6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.24 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.73 | +0.30 |
| Martin ratioReturn relative to average drawdown | 7.91 | 6.55 | +1.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XUEE.DE | XSX6.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 1.26 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.66 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.59 | -0.66 |
Drawdowns
XUEE.DE vs. XSX6.DE - Drawdown Comparison
The maximum XUEE.DE drawdown since its inception was -30.78%, smaller than the maximum XSX6.DE drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for XUEE.DE and XSX6.DE.
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Drawdown Indicators
| XUEE.DE | XSX6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.78% | -36.05% | +5.27% |
Max Drawdown (1Y)Largest decline over 1 year | -4.31% | -9.46% | +5.15% |
Max Drawdown (3Y)Largest decline over 3 years | -8.57% | -16.37% | +7.80% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.05% | — |
Current DrawdownCurrent decline from peak | -4.52% | -1.56% | -2.96% |
Average DrawdownAverage peak-to-trough decline | -15.12% | -5.27% | -9.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 2.50% | -1.39% |
Volatility
XUEE.DE vs. XSX6.DE - Volatility Comparison
The current volatility for Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged (XUEE.DE) is 1.82%, while Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) has a volatility of 4.26%. This indicates that XUEE.DE experiences smaller price fluctuations and is considered to be less risky than XSX6.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 | XSX6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 4.26% | -2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 4.15% | 10.73% | -6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.12% | 12.95% | -7.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 14.44% | -5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.14% | 15.61% | -6.47% |
XUEE.DE vs. XSX6.DE - Expense Ratio Comparison
XUEE.DE has a 0.40% expense ratio, which is higher than XSX6.DE's 0.20% expense ratio.
Dividends
XUEE.DE vs. XSX6.DE - Dividend Comparison
XUEE.DE's dividend yield for the trailing twelve months is around 4.31%, while XSX6.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUEE.DE Xtrackers II USD Emerging Markets Bond UCITS ETF EUR Hedged | 4.31% | 4.86% | 6.00% | 4.45% | 4.59% |
Frequently Asked Questions
XUEE.DE and XSX6.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSX6.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSX6.DE is cheaper with a 0.20% expense ratio, compared with 0.40% for XUEE.DE.
XUEE.DE is categorized as Emerging Markets Bonds, while XSX6.DE is Europe Equities. XUEE.DE tracks FTSE Emerging Markets USD Government and Government-Related Bond Select (EUR Hedged), while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.40% for XUEE.DE and 0.20% for XSX6.DE.
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