XUEM.DE vs. EXUS.DE
XUEM.DE (Xtrackers USD Emerging Markets Bond UCITS ETF 2D) and EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) are both exchange-traded funds - XUEM.DE is a Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified TR USD, while EXUS.DE is a Global Equities fund tracking the MSCI World ex USA index. Both are passively managed. Over the past year, XUEM.DE returned 9.90% vs 20.06% for EXUS.DE. At a 0.31 correlation, their price movements are largely independent. XUEM.DE charges 0.25%/yr vs 0.15%/yr for EXUS.DE.
Performance
XUEM.DE vs. EXUS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XUEM.DE achieves a 3.29% return, which is significantly lower than EXUS.DE's 9.64% return.
XUEM.DE
- 1D
- -0.07%
- 1M
- 1.15%
- YTD
- 3.29%
- 6M
- 2.78%
- 1Y
- 9.90%
- 3Y*
- 6.62%
- 5Y*
- 2.28%
- 10Y*
- —
EXUS.DE
- 1D
- 0.19%
- 1M
- 1.53%
- YTD
- 9.64%
- 6M
- 11.66%
- 1Y
- 20.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XUEM.DE vs. EXUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D | 3.29% | 0.43% | 9.33% |
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 9.64% | 17.80% | 5.15% |
Correlation
The correlation between XUEM.DE and EXUS.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2024 | 0.31 |
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Return for Risk
XUEM.DE vs. EXUS.DE — Risk / Return Rank
XUEM.DE
EXUS.DE
XUEM.DE vs. EXUS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) and Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.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.
| XUEM.DE | EXUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 2.30 | +1.21 |
| Martin ratioReturn relative to average drawdown | 10.09 | 9.01 | +1.08 |
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
| XUEM.DE | EXUS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 1.62 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 1.10 | -0.82 |
Drawdowns
XUEM.DE vs. EXUS.DE - Drawdown Comparison
The maximum XUEM.DE drawdown since its inception was -26.83%, which is greater than EXUS.DE's maximum drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for XUEM.DE and EXUS.DE.
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Drawdown Indicators
| XUEM.DE | EXUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.83% | -16.21% | -10.62% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -8.68% | +5.96% |
Max Drawdown (3Y)Largest decline over 3 years | -13.45% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.85% | — | — |
Current DrawdownCurrent decline from peak | -2.82% | -0.76% | -2.06% |
Average DrawdownAverage peak-to-trough decline | -10.35% | -1.78% | -8.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 2.23% | -1.28% |
Volatility
XUEM.DE vs. EXUS.DE - Volatility Comparison
The current volatility for Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) is 1.06%, while Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) has a volatility of 3.28%. This indicates that XUEM.DE experiences smaller price fluctuations and is considered to be less risky than EXUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XUEM.DE | EXUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 3.28% | -2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 3.83% | 10.06% | -6.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.81% | 12.37% | -6.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.74% | 13.39% | -4.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.44% | 13.39% | -2.95% |
XUEM.DE vs. EXUS.DE - Expense Ratio Comparison
XUEM.DE has a 0.25% expense ratio, which is higher than EXUS.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XUEM.DE vs. EXUS.DE - Dividend Comparison
XUEM.DE's dividend yield for the trailing twelve months is around 4.46%, while EXUS.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D | 4.46% | 4.97% | 6.06% | 5.00% | 5.62% | 6.82% | 4.07% | 0.54% |
Frequently Asked Questions
XUEM.DE and EXUS.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXUS.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXUS.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for XUEM.DE.
XUEM.DE is categorized as Emerging Markets Bonds, while EXUS.DE is Global Equities. XUEM.DE tracks JPM EMBI Global Diversified TR USD, while EXUS.DE tracks MSCI World ex USA index. Their fees differ too: 0.25% for XUEM.DE and 0.15% for EXUS.DE.
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