XUTE.DE vs. XAIX.DE
XUTE.DE (Xtrackers II US Treasuries UCITS ETF EUR Hedged (Dist)) and XAIX.DE (Xtrackers Artificial Intelligence & Big Data UCITS ETF) are both exchange-traded funds - XUTE.DE is a Government Bonds fund tracking the iBoxx USD Treasuries Index (EUR Hedged), while XAIX.DE is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data. Both are passively managed. Over the past 5 years, XUTE.DE returned -2.48%/yr vs 19.96%/yr for XAIX.DE. At a correlation of -0.10, they often move in opposite directions. XUTE.DE charges 0.10%/yr vs 0.35%/yr for XAIX.DE.
Performance
XUTE.DE vs. XAIX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XUTE.DE achieves a -0.78% return, which is significantly lower than XAIX.DE's 32.23% return.
XUTE.DE
- 1D
- -0.07%
- 1M
- 0.37%
- 6M
- -0.57%
- YTD
- -0.78%
- 1Y
- 1.15%
- 3Y*
- 1.17%
- 5Y*
- -2.48%
- 10Y*
- —
XAIX.DE
- 1D
- 1.61%
- 1M
- -5.58%
- 6M
- 32.49%
- YTD
- 32.23%
- 1Y
- 49.06%
- 3Y*
- 33.40%
- 5Y*
- 19.96%
- 10Y*
- —
XUTE.DE vs. XAIX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XUTE.DE Xtrackers II US Treasuries UCITS ETF EUR Hedged (Dist) | -0.78% | 4.18% | -1.19% | 1.61% | -14.67% | -3.37% | 6.64% | 4.10% |
XAIX.DE Xtrackers Artificial Intelligence & Big Data UCITS ETF | 32.23% | 15.25% | 34.63% | 63.77% | -31.80% | 35.85% | 24.44% | 6.39% |
Correlation
The correlation between XUTE.DE and XAIX.DE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2019 | -0.10 |
The correlation between XUTE.DE and XAIX.DE shifts across timeframes, from -0.10 (all time) to 0.03 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XUTE.DE vs. XAIX.DE — Risk / Return Rank
XUTE.DE
XAIX.DE
XUTE.DE vs. XAIX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II US Treasuries UCITS ETF EUR Hedged (Dist) (XUTE.DE) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.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.
| XUTE.DE | XAIX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.38 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 4.04 | -3.71 |
| Martin ratioReturn relative to average drawdown | 0.86 | 10.74 | -9.88 |
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Drawdowns
XUTE.DE vs. XAIX.DE - Drawdown Comparison
The maximum XUTE.DE drawdown since its inception was -23.77%, smaller than the maximum XAIX.DE drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for XUTE.DE and XAIX.DE.
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Drawdown Indicators
| XUTE.DE | XAIX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.77% | -33.08% | +9.31% |
Max Drawdown (1Y)Largest decline over 1 year | -3.49% | -12.10% | +8.61% |
Max Drawdown (3Y)Largest decline over 3 years | -5.77% | -27.61% | +21.84% |
Max Drawdown (5Y)Largest decline over 5 years | -20.57% | -33.08% | +12.51% |
Current DrawdownCurrent decline from peak | -16.71% | -6.63% | -10.08% |
Average DrawdownAverage peak-to-trough decline | -9.85% | -7.60% | -2.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 4.56% | -3.22% |
Volatility
XUTE.DE vs. XAIX.DE - Volatility Comparison
The current volatility for Xtrackers II US Treasuries UCITS ETF EUR Hedged (Dist) (XUTE.DE) is 0.95%, while Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) has a volatility of 9.95%. This indicates that XUTE.DE experiences smaller price fluctuations and is considered to be less risky than XAIX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XUTE.DE | XAIX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 9.95% | -9.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.73% | 18.50% | -15.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.71% | 22.36% | -18.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.71% | 21.13% | -15.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.09% | 21.85% | -16.76% |
XUTE.DE vs. XAIX.DE - Expense Ratio Comparison
XUTE.DE has a 0.10% expense ratio, which is lower than XAIX.DE's 0.35% expense ratio.
Dividends
XUTE.DE vs. XAIX.DE - Dividend Comparison
XUTE.DE's dividend yield for the trailing twelve months is around 3.39%, while XAIX.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
XAIX.DE Xtrackers Artificial Intelligence & Big Data UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUTE.DE Xtrackers II US Treasuries UCITS ETF EUR Hedged (Dist) | 3.39% | 3.36% | 3.56% | 2.27% | 2.15% | 3.30% | 1.87% | 1.28% | 0.85% |
Frequently Asked Questions
XUTE.DE and XAIX.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUTE.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUTE.DE is cheaper with a 0.10% expense ratio, compared with 0.35% for XAIX.DE.
XUTE.DE is categorized as Government Bonds, while XAIX.DE is Technology Equities. XUTE.DE tracks iBoxx USD Treasuries Index (EUR Hedged), while XAIX.DE tracks Nasdaq Global Artificial Intelligence and Big Data. Their fees differ too: 0.10% for XUTE.DE and 0.35% for XAIX.DE.
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