- Issuer
- Expat
- Inception Date
- Dec 11, 2017
- Region
- Europe (Czech Republic)
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- PX Index
- Domicile
- Bulgaria
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
Share Price Chart
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Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
CZX.DE Performance Chart
Expat Czech PX UCITS ETF (CZX.DE) is down 0.8% since the beginning of the year. CZX.DE is currently trading at €2 per share. Investors who bought €1,000 worth of CZX.DE shares 5 years ago would now be looking at an investment worth €2,284.
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Returns By Period
Expat Czech PX UCITS ETF (CZX.DE) has returned -0.76% so far this year and 25.11% over the past 12 months.
Expat Czech PX UCITS ETF
- 1D
- 0.09%
- 1M
- 0.94%
- 6M
- -2.81%
- YTD
- -0.76%
- 1Y
- 25.11%
- 3Y*
- 26.57%
- 5Y*
- 17.96%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.09%
- 1M
- 1.27%
- 6M
- 10.98%
- YTD
- 13.27%
- 1Y
- 22.64%
- 3Y*
- 18.04%
- 5Y*
- 12.49%
- 10Y*
- 12.92%
CZX.DE Monthly Returns History
Based on dividend-adjusted daily data since Mar 19, 2018, CZX.DE's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, an investment would double in approximately 6.1 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2020 with a return of +18.0%, while the worst month was Mar 2020 at -21.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.
On a daily basis, CZX.DE closed higher 41% of trading days. The best single day was Jun 5, 2018 with a return of +8.0%, while the worst single day was Mar 7, 2022 at -8.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.38% | -4.90% | -6.44% | 3.21% | 1.33% | 2.63% | 0.51% | -0.76% | |||||
| 2025 | 6.04% | 5.70% | 4.79% | -1.14% | 6.94% | 0.54% | 3.76% | 1.04% | 2.05% | 3.02% | 5.85% | 9.22% | 59.06% |
| 2024 | 1.68% | -0.83% | 3.33% | 4.03% | 4.65% | -3.70% | 5.38% | -0.00% | -0.00% | 0.73% | 3.62% | 4.20% | 25.21% |
| 2023 | 12.62% | 5.17% | -3.28% | 0.85% | -3.36% | -1.74% | 5.31% | -1.68% | -0.85% | 0.86% | 1.71% | 0.00% | 15.53% |
| 2022 | 0.83% | -3.31% | 1.71% | -1.68% | -1.71% | -6.09% | -1.85% | -4.72% | -5.73% | 5.03% | 3.00% | 0.00% | -14.17% |
| 2021 | -2.04% | 3.34% | 3.23% | 1.51% | 6.59% | -1.25% | 5.81% | 5.77% | 2.73% | -0.88% | 0.89% | 6.19% | 36.32% |
Benchmark Metrics
Expat Czech PX UCITS ETF has an annualized alpha of 9.27%, beta of 0.21, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since March 19, 2018.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (48.24%) than losses (39.00%) - typical of diversified or defensive assets.
- Beta of 0.21 may look defensive, but with R2 of 0.05 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.05 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 9.27%
- Beta
- 0.21
- R²
- 0.05
- Upside Capture
- 48.24%
- Downside Capture
- 39.00%
Expense Ratio
CZX.DE has a high expense ratio of 1.38%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CZX.DE ranks 49 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Expat Czech PX UCITS ETF (CZX.DE) and compare them to S&P 500 Index.
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.
| CZX.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 3.01 | -0.97 |
| Martin ratioReturn relative to average drawdown | 5.25 | 11.10 | -5.85 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Expat Czech PX UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Expat Czech PX UCITS ETF was 41.92%, occurring on Mar 18, 2020. Recovery took 345 trading sessions.
The current Expat Czech PX UCITS ETF drawdown is 4.39%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-41.92%Mar 2020 | 1y 11mo | 1y 4mo | 3y 4moMar 2018 - Jul 2021 | COVID crash2020 |
-25.87%Sep 2022 | 7mo 20d | 1y 6mo | 2y 2moFeb 2022 - Apr 2024 | Bear market2022 |
-12.60%Mar 2026 | 2mo | — | 5mo 18dJan 2026 - now | — |
-8.47%Apr 2025 | 4d | 29d | 1mo 3dApr 2025 - May 2025 | 2025 selloff2025 |
-6.50%Jan 2026 | 13d | 8d | 21dJan 2026 - Jan 2026 | — |
Drawdown Indicators
| CZX.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -51.17% | +9.25% |
Max Drawdown (1Y)Largest decline over 1 year | -12.60% | -7.57% | -5.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.60% | -23.99% | +11.39% |
Max Drawdown (5Y)Largest decline over 5 years | -25.87% | -23.99% | -1.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | -4.39% | -0.52% | -3.87% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -8.90% | -0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 2.04% | +2.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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