- Issuer
- Expat
- Inception Date
- Feb 5, 2018
- Region
- Europe (Slovenia)
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- SBI TOP Index
- Domicile
- Bulgaria
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Compare stocks, funds, or ETFs
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Performance
SLQX.DE Performance Chart
Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) is up 26.2% since the beginning of the year. SLQX.DE is currently trading at €3 per share. Investors who bought €1,000 worth of SLQX.DE shares 5 years ago would now be looking at an investment worth €2,850.
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Returns By Period
Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) has returned 26.18% so far this year and 29.14% over the past 12 months.
Expat Slovenia SBI TOP UCITS ETF
- 1D
- 0.18%
- 1M
- 4.95%
- 6M
- 15.59%
- YTD
- 26.18%
- 1Y
- 29.14%
- 3Y*
- 36.50%
- 5Y*
- 23.30%
- 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%
SLQX.DE Monthly Returns History
Based on dividend-adjusted daily data since Apr 16, 2018, SLQX.DE's average daily return is +0.06%, while the average monthly return is +1.32%. At this rate, an investment would double in approximately 4.4 years.
Historically, 58% of months were positive and 42% were negative. The best month was Jan 2025 with a return of +16.8%, while the worst month was Mar 2020 at -20.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SLQX.DE closed higher 39% of trading days. The best single day was Nov 21, 2022 with a return of +8.4%, while the worst single day was Apr 7, 2025 at -9.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.45% | 6.16% | -7.74% | 7.34% | 0.00% | 1.63% | 5.96% | 26.18% | |||||
| 2025 | 16.76% | 6.22% | -0.45% | -0.90% | 6.39% | 6.01% | 9.72% | -1.11% | 0.75% | -3.33% | -3.45% | 3.97% | 46.37% |
| 2024 | 4.48% | 7.14% | 3.33% | -1.94% | 3.95% | 5.70% | 5.39% | -0.57% | 0.00% | 1.14% | 2.26% | -1.10% | 33.58% |
| 2023 | 3.48% | 6.72% | 0.00% | 0.79% | -1.56% | -0.79% | 6.40% | -6.02% | 0.00% | -0.00% | 3.20% | 3.88% | 16.52% |
| 2022 | 0.78% | -11.54% | 8.70% | -2.40% | -2.46% | -1.68% | 2.56% | 0.83% | -13.22% | 1.90% | 6.54% | 0.88% | -10.85% |
| 2021 | 4.34% | -1.53% | 7.03% | 7.47% | 6.60% | 0.00% | 3.54% | 3.42% | -0.83% | 0.00% | 3.33% | 4.03% | 43.83% |
Benchmark Metrics
Expat Slovenia SBI TOP UCITS ETF has an annualized alpha of 15.42%, beta of 0.07, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since April 16, 2018.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (76.78%) than losses (67.96%) - typical of diversified or defensive assets.
- Beta of 0.07 may look defensive, but with R2 of 0.01 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 0.01 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
- 15.42%
- Beta
- 0.07
- R²
- 0.01
- Upside Capture
- 76.78%
- Downside Capture
- 67.96%
Expense Ratio
SLQX.DE has a high expense ratio of 1.38%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SLQX.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 Slovenia SBI TOP UCITS ETF (SLQX.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.
| SLQX.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.33 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 3.01 | -0.69 |
| Martin ratioReturn relative to average drawdown | 5.57 | 11.10 | -5.53 |
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 Slovenia SBI TOP 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 Slovenia SBI TOP UCITS ETF was 34.33%, occurring on Mar 23, 2020. Recovery took 280 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-34.33%Mar 2020 | 1y 10mo | 1y 1mo | 2y 11moMay 2018 - May 2021 | COVID crash2020 |
-24.09%Sep 2022 | 8mo 11d | 1y 3mo | 1y 12moJan 2022 - Jan 2024 | Bear market2022 |
-12.39%Apr 2025 | 1mo 9d | 1mo 9d | 2mo 18dFeb 2025 - May 2025 | 2025 selloff2025 |
-12.32%Nov 2025 | 2mo 9d | 1mo 27d | 4mo 6dSep 2025 - Jan 2026 | — |
-11.86%Mar 2026 | 5d | 2mo 10d | 2mo 15dFeb 2026 - May 2026 | — |
Drawdown Indicators
| SLQX.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.33% | -51.17% | +16.84% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -7.57% | -4.75% |
Max Drawdown (3Y)Largest decline over 3 years | -12.39% | -23.99% | +11.60% |
Max Drawdown (5Y)Largest decline over 5 years | -24.09% | -23.99% | -0.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.52% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -8.99% | -8.90% | -0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.13% | 2.04% | +3.09% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with SLQX.DE
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