We consider the s = 1/2 transverse field XY model on the frustrated diamond chain, con-
sidering anisotropic exchange parameters between nearest neighbour spins. To this end, we
employ three different methodologies: mean-field approximations, and state-of-the-art exact
diagonalizations (ED), and density matrix renormalization group (DMRG) simulations. Within
a mean-field theory, the Hamiltonian is fermionized by introducing the Jordan-Wigner trans-
formation, and the interacting (many-body) terms are approximated to single-particle ones by
a Hartree-Fock approach. We analyze the behavior of the induced and spontaneous magnetiza-
tion as functions of the external field, investigating the magnetic properties at the ground state,
and at finite temperatures. Interestingly, the mean-field results are in reasonable agreement with
the ED and DMRG ones, in particular for the distorted chain, or at an intermediate/large spin
anisotropy parameter. As our key results, we present phase diagrams anisotropy × magnetic
field at zero temperature, discussing the emergence of phases and its quantum critical points.
Finally, our analysis at finite temperature provides a range of parameters in which an unusual
behavior of the induced magnetization occurs – with it increasing as a function of temperature.
This work presents a global picture of the XY model on the diamond chain, which may be
useful to understand features of magnetism in more complex geometries.