XUTE.DE vs. XSX6.DE
XUTE.DE (Xtrackers II US Treasuries UCITS ETF EUR Hedged (Dist)) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both exchange-traded funds - XUTE.DE is a Government Bonds fund tracking the iBoxx USD Treasuries Index (EUR Hedged), while XSX6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 5 years, XUTE.DE returned -2.48%/yr vs 10.32%/yr for XSX6.DE. At a correlation of -0.09, they often move in opposite directions. XUTE.DE charges 0.10%/yr vs 0.20%/yr for XSX6.DE.
Performance
XUTE.DE vs. XSX6.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 XSX6.DE's 11.63% 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*
- —
XSX6.DE
- 1D
- 0.00%
- 1M
- 4.56%
- 6M
- 10.88%
- YTD
- 11.63%
- 1Y
- 22.49%
- 3Y*
- 15.24%
- 5Y*
- 10.32%
- 10Y*
- 10.16%
XUTE.DE vs. XSX6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 3.87% | -2.07% | 0.41% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 11.63% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | -1.83% | 28.68% | -11.34% | 10.91% |
Correlation
The correlation between XUTE.DE and XSX6.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2016 | -0.09 |
The correlation between XUTE.DE and XSX6.DE shifts across timeframes, from -0.09 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XUTE.DE vs. XSX6.DE — Risk / Return Rank
XUTE.DE
XSX6.DE
XUTE.DE vs. XSX6.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 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.
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 | XSX6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.32 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 2.37 | -2.04 |
| Martin ratioReturn relative to average drawdown | 0.86 | 9.17 | -8.32 |
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Drawdowns
XUTE.DE vs. XSX6.DE - Drawdown Comparison
The maximum XUTE.DE drawdown since its inception was -23.77%, smaller than the maximum XSX6.DE drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for XUTE.DE and XSX6.DE.
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Drawdown Indicators
| XUTE.DE | XSX6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.77% | -36.06% | +12.29% |
Max Drawdown (1Y)Largest decline over 1 year | -3.49% | -9.46% | +5.97% |
Max Drawdown (3Y)Largest decline over 3 years | -5.77% | -16.37% | +10.60% |
Max Drawdown (5Y)Largest decline over 5 years | -20.57% | -20.84% | +0.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.06% | — |
Current DrawdownCurrent decline from peak | -16.71% | 0.00% | -16.71% |
Average DrawdownAverage peak-to-trough decline | -9.85% | -5.24% | -4.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 2.44% | -1.10% |
Volatility
XUTE.DE vs. XSX6.DE - Volatility Comparison
The current volatility for Xtrackers II US Treasuries UCITS ETF EUR Hedged (Dist) (XUTE.DE) is 0.95%, while Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) has a volatility of 3.11%. This indicates that XUTE.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
| XUTE.DE | XSX6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 3.11% | -2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 2.73% | 10.96% | -8.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.71% | 13.02% | -9.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.71% | 14.46% | -8.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.09% | 15.23% | -10.14% |
XUTE.DE vs. XSX6.DE - Expense Ratio Comparison
XUTE.DE has a 0.10% expense ratio, which is lower than XSX6.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XUTE.DE vs. XSX6.DE - Dividend Comparison
XUTE.DE's dividend yield for the trailing twelve months is around 3.39%, while XSX6.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
XSX6.DE Xtrackers STOXX Europe 600 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 XSX6.DE have a correlation of 0.34, 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 0.20% for XSX6.DE.
XUTE.DE is categorized as Government Bonds, while XSX6.DE is Europe Equities. XUTE.DE tracks iBoxx USD Treasuries Index (EUR Hedged), while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.10% for XUTE.DE and 0.20% for XSX6.DE.
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