XUTD.L vs. XCX5.L
XUTD.L (Xtrackers II US Treasuries UCITS ETF 1D) and XCX5.L (Xtrackers MSCI India Swap UCITS ETF 1C) are both exchange-traded funds - XUTD.L is a Government Bonds fund tracking the iBoxx USD Treasuries Index, while XCX5.L is a Asia Pacific Equities fund tracking the MSCI India NR USD. Both are passively managed. Over the past 10 years, XUTD.L returned 0.90%/yr vs 6.66%/yr for XCX5.L. At a correlation of -0.06, they often move in opposite directions. XUTD.L charges 0.06%/yr vs 0.75%/yr for XCX5.L.
Performance
XUTD.L vs. XCX5.L - Performance Comparison
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Different Trading Currencies
XUTD.L is traded in USD, while XCX5.L is traded in GBp. To make them comparable, the XCX5.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XUTD.L achieves a -0.22% return, which is significantly higher than XCX5.L's -12.92% return. Over the past 10 years, XUTD.L has underperformed XCX5.L with an annualized return of 0.90%, while XCX5.L has yielded a comparatively higher 6.66% annualized return.
XUTD.L
- 1D
- 0.20%
- 1M
- 0.21%
- YTD
- -0.22%
- 6M
- 0.03%
- 1Y
- 3.70%
- 3Y*
- 2.89%
- 5Y*
- -0.44%
- 10Y*
- 0.90%
XCX5.L
- 1D
- 1.31%
- 1M
- -2.56%
- YTD
- -12.92%
- 6M
- -12.12%
- 1Y
- -12.91%
- 3Y*
- 5.11%
- 5Y*
- 3.04%
- 10Y*
- 6.66%
XUTD.L vs. XCX5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XUTD.L Xtrackers II US Treasuries UCITS ETF 1D | -0.22% | 6.38% | 0.77% | 3.91% | -12.78% | -2.45% | 7.94% | 7.21% | 0.66% | 2.22% |
XCX5.L Xtrackers MSCI India Swap UCITS ETF 1C | -12.92% | 2.00% | 10.06% | 18.50% | -8.61% | 25.05% | 12.84% | 6.69% | -9.02% | 36.72% |
Correlation
The correlation between XUTD.L and XCX5.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2010 | -0.06 |
The correlation between XUTD.L and XCX5.L shifts across timeframes, from -0.06 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XUTD.L vs. XCX5.L — Risk / Return Rank
XUTD.L
XCX5.L
XUTD.L vs. XCX5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II US Treasuries UCITS ETF 1D (XUTD.L) and Xtrackers MSCI India Swap UCITS ETF 1C (XCX5.L). 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.
| XUTD.L | XCX5.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.88 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | -0.60 | +1.81 |
| Martin ratioReturn relative to average drawdown | 3.71 | -1.43 | +5.14 |
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
| XUTD.L | XCX5.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | -0.78 | +1.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 0.18 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.18 | 0.32 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.16 | +0.27 |
Drawdowns
XUTD.L vs. XCX5.L - Drawdown Comparison
The maximum XUTD.L drawdown since its inception was -19.61%, smaller than the maximum XCX5.L drawdown of -45.61%. Use the drawdown chart below to compare losses from any high point for XUTD.L and XCX5.L.
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Drawdown Indicators
| XUTD.L | XCX5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.61% | -45.61% | +26.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.05% | -21.35% | +18.30% |
Max Drawdown (3Y)Largest decline over 3 years | -5.47% | -27.32% | +21.85% |
Max Drawdown (5Y)Largest decline over 5 years | -17.01% | -27.32% | +10.31% |
Max Drawdown (10Y)Largest decline over 10 years | -19.61% | -45.61% | +26.00% |
Current DrawdownCurrent decline from peak | -7.53% | -22.59% | +15.06% |
Average DrawdownAverage peak-to-trough decline | -5.55% | -12.45% | +6.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 9.01% | -8.02% |
Volatility
XUTD.L vs. XCX5.L - Volatility Comparison
The current volatility for Xtrackers II US Treasuries UCITS ETF 1D (XUTD.L) is 1.40%, while Xtrackers MSCI India Swap UCITS ETF 1C (XCX5.L) has a volatility of 6.57%. This indicates that XUTD.L experiences smaller price fluctuations and is considered to be less risky than XCX5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XUTD.L | XCX5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.40% | 6.57% | -5.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.60% | 14.12% | -11.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 16.59% | -12.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.76% | 17.21% | -11.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.05% | 20.66% | -15.61% |
XUTD.L vs. XCX5.L - Expense Ratio Comparison
XUTD.L has a 0.06% expense ratio, which is lower than XCX5.L's 0.75% expense ratio.
Dividends
XUTD.L vs. XCX5.L - Dividend Comparison
XUTD.L's dividend yield for the trailing twelve months is around 3.48%, while XCX5.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
XCX5.L Xtrackers MSCI India Swap UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUTD.L Xtrackers II US Treasuries UCITS ETF 1D | 3.48% | 3.27% | 3.65% | 2.39% | 1.95% | 3.42% | 1.08% | 1.47% | 1.35% | 1.34% | 2.12% |
Frequently Asked Questions
XUTD.L and XCX5.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUTD.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUTD.L is cheaper with a 0.06% expense ratio, compared with 0.75% for XCX5.L.
XUTD.L is categorized as Government Bonds, while XCX5.L is Asia Pacific Equities. XUTD.L tracks iBoxx USD Treasuries Index, while XCX5.L tracks MSCI India NR USD. Their fees differ too: 0.06% for XUTD.L and 0.75% for XCX5.L.
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