XZE5.DE vs. XDEQ.DE
XZE5.DE (Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C) and XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both exchange-traded funds - XZE5.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while XDEQ.DE is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, XZE5.DE returned 1.16%/yr vs 10.95%/yr for XDEQ.DE. At a 0.24 correlation, their price movements are largely independent. XZE5.DE charges 0.16%/yr vs 0.25%/yr for XDEQ.DE.
Performance
XZE5.DE vs. XDEQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XZE5.DE achieves a 0.85% return, which is significantly lower than XDEQ.DE's 10.63% return.
XZE5.DE
- 1D
- 0.00%
- 1M
- 0.38%
- YTD
- 0.85%
- 6M
- 0.88%
- 1Y
- 1.96%
- 3Y*
- 4.07%
- 5Y*
- 1.16%
- 10Y*
- —
XDEQ.DE
- 1D
- -0.22%
- 1M
- 1.50%
- YTD
- 10.63%
- 6M
- 11.03%
- 1Y
- 22.25%
- 3Y*
- 15.96%
- 5Y*
- 10.95%
- 10Y*
- 12.96%
XZE5.DE vs. XDEQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.85% | 3.08% | 4.10% | 5.27% | -6.80% | -0.40% | 0.99% |
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 10.63% | 2.87% | 23.81% | 21.83% | -14.80% | 34.39% | 10.46% |
Correlation
The correlation between XZE5.DE and XDEQ.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2020 | 0.24 |
The correlation between XZE5.DE and XDEQ.DE shifts across timeframes, from 0.24 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
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
XZE5.DE vs. XDEQ.DE — Risk / Return Rank
XZE5.DE
XDEQ.DE
XZE5.DE vs. XDEQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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.
| XZE5.DE | XDEQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.38 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 3.56 | -2.37 |
| Martin ratioReturn relative to average drawdown | 4.23 | 14.97 | -10.74 |
Loading charts...
Drawdowns
XZE5.DE vs. XDEQ.DE - Drawdown Comparison
The maximum XZE5.DE drawdown since its inception was -8.73%, smaller than the maximum XDEQ.DE drawdown of -32.18%. Use the drawdown chart below to compare losses from any high point for XZE5.DE and XDEQ.DE.
Loading charts...
Drawdown Indicators
| XZE5.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.73% | -32.18% | +23.45% |
Max Drawdown (1Y)Largest decline over 1 year | -1.66% | -6.22% | +4.56% |
Max Drawdown (3Y)Largest decline over 3 years | -1.66% | -20.59% | +18.93% |
Max Drawdown (5Y)Largest decline over 5 years | -8.73% | -20.59% | +11.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.18% | — |
Current DrawdownCurrent decline from peak | -0.01% | -0.32% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -6.57% | +4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 1.48% | -1.02% |
Volatility
XZE5.DE vs. XDEQ.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) is 0.50%, while Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) has a volatility of 2.31%. This indicates that XZE5.DE experiences smaller price fluctuations and is considered to be less risky than XDEQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XZE5.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.50% | 2.31% | -1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 1.67% | 7.49% | -5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 10.74% | -8.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.55% | 14.14% | -11.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 15.85% | -13.47% |
XZE5.DE vs. XDEQ.DE - Expense Ratio Comparison
XZE5.DE has a 0.16% expense ratio, which is lower than XDEQ.DE's 0.25% 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
XZE5.DE vs. XDEQ.DE - Dividend Comparison
Neither XZE5.DE nor XDEQ.DE has paid dividends to shareholders.
Frequently Asked Questions
XZE5.DE and XDEQ.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZE5.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZE5.DE is cheaper with a 0.16% expense ratio, compared with 0.25% for XDEQ.DE.
XZE5.DE is categorized as European Corporate Bonds, while XDEQ.DE is Global Equities. XZE5.DE tracks Bloomberg Euro Corp TR EUR, while XDEQ.DE tracks MSCI ACWI NR USD. Their fees differ too: 0.16% for XZE5.DE and 0.25% for XDEQ.DE.
Find the right allocation for XZE5.DE and XDEQ.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