XYPL.DE vs. XEON.DE
XYPL.DE (Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF) and XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) are both exchange-traded funds - XYPL.DE is a European Corporate Bonds fund tracking the iBoxx® EUR Corporates Yield Plus, while XEON.DE is a Bank Loan fund tracking the Solactive €STR +8.5 Daily Index. Both are passively managed. Over the past 3 years, XYPL.DE returned 5.49%/yr vs 2.99%/yr for XEON.DE. At a correlation of -0.01, they often move in opposite directions. XYPL.DE charges 0.25%/yr vs 0.10%/yr for XEON.DE.
Performance
XYPL.DE vs. XEON.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XYPL.DE achieves a 0.59% return, which is significantly lower than XEON.DE's 0.80% return.
XYPL.DE
- 1D
- 0.11%
- 1M
- 0.81%
- YTD
- 0.59%
- 6M
- 0.39%
- 1Y
- 2.23%
- 3Y*
- 5.49%
- 5Y*
- —
- 10Y*
- —
XEON.DE
- 1D
- -0.01%
- 1M
- 0.15%
- YTD
- 0.80%
- 6M
- 0.97%
- 1Y
- 1.97%
- 3Y*
- 2.99%
- 5Y*
- 1.94%
- 10Y*
- 0.70%
XYPL.DE vs. XEON.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XYPL.DE Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF | 0.59% | 3.49% | 5.30% | 9.38% | -0.01% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.80% | 2.25% | 3.78% | 3.30% | 0.26% |
Correlation
The correlation between XYPL.DE and XEON.DE is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2022 | -0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XYPL.DE vs. XEON.DE — Risk / Return Rank
XYPL.DE
XEON.DE
XYPL.DE vs. XEON.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF (XYPL.DE) and Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.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.
| XYPL.DE | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.30 | ||
| Sortino ratioReturn per unit of downside risk | -20.27 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 4.27 | -3.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 69.36 | -68.64 |
| Martin ratioReturn relative to average drawdown | 2.50 | 316.53 | -314.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XYPL.DE | XEON.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 8.94 | -8.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 7.54 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.74 | +0.27 |
Drawdowns
XYPL.DE vs. XEON.DE - Drawdown Comparison
The maximum XYPL.DE drawdown since its inception was -9.99%, which is greater than XEON.DE's maximum drawdown of -3.71%. Use the drawdown chart below to compare losses from any high point for XYPL.DE and XEON.DE.
Loading charts...
Drawdown Indicators
| XYPL.DE | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.99% | -3.71% | -6.28% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -0.03% | -3.06% |
Max Drawdown (3Y)Largest decline over 3 years | -3.09% | -0.08% | -3.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.25% | — |
Current DrawdownCurrent decline from peak | -0.88% | -0.01% | -0.87% |
Average DrawdownAverage peak-to-trough decline | -1.98% | -0.92% | -1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.01% | +0.88% |
Volatility
XYPL.DE vs. XEON.DE - Volatility Comparison
Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF (XYPL.DE) has a higher volatility of 1.39% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 0.04%. This indicates that XYPL.DE's price experiences larger fluctuations and is considered to be riskier than XEON.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XYPL.DE | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 0.04% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | 0.16% | +2.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.51% | 0.22% | +3.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.63% | 0.25% | +4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.63% | 0.39% | +4.24% |
XYPL.DE vs. XEON.DE - Expense Ratio Comparison
XYPL.DE has a 0.25% expense ratio, which is higher than XEON.DE's 0.10% 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
XYPL.DE vs. XEON.DE - Dividend Comparison
Neither XYPL.DE nor XEON.DE has paid dividends to shareholders.
Frequently Asked Questions
XYPL.DE and XEON.DE have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEON.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEON.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for XYPL.DE.
XYPL.DE is categorized as European Corporate Bonds, while XEON.DE is Bank Loan. XYPL.DE tracks iBoxx® EUR Corporates Yield Plus, while XEON.DE tracks Solactive €STR +8.5 Daily Index. Their fees differ too: 0.25% for XYPL.DE and 0.10% for XEON.DE.
Find the right allocation for XYPL.DE and XEON.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer