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Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZE.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

XNZE.DE is a passive ETF by DWS tracking the investment results of the MSCI EMU NR EUR. XNZE.DE launched on Feb 17, 2022 and has a 0.15% expense ratio.

Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZE.DE) belongs to the Europe Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XNZE.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XNZE.DE

XNZE.DE charges 0.15% annually. There are 62 ETFs in the Europe Equities category with lower expense ratios, going as low as 0.04%.

SymbolNameExpense RatioAUMInception
LCUK.DE
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist0.04%—Feb 2018XNZE.DE vs LCUK.DE
PRAE.DE
Amundi Prime Europe UCITS ETF0.05%—Jan 2020XNZE.DE vs PRAE.DE
H4ZA.DE
HSBC EURO STOXX 50 UCITS ETF EUR0.05%—Oct 2009XNZE.DE vs H4ZA.DE
PRAZ.DE
Amundi Prime Eurozone UCITS ETF0.05%—Jan 2020XNZE.DE vs PRAZ.DE
PR1E.DE
Amundi Prime Europe UCITS ETF DR (D)0.05%—Jan 2019XNZE.DE vs PR1E.DE

Best Risk-Adjusted Alternatives to XNZE.DE

XNZE.DE has a PortfoliosLab risk / return rank of 28. There are 141 ETFs in the Europe Equities category with higher risk-adjusted ranks, going as high as 84.

SymbolNameRisk / Return RankAUMInception
SELD.DE
Lyxor STOXX Europe Select Dividend 30 UCITS ETF Di...
84
—Oct 2006XNZE.DE vs SELD.DE
EXSH.DE
iShares STOXX Europe Select Dividend 30 UCITS ETF ...
83
—May 2005XNZE.DE vs EXSH.DE
WTEE.DE
WisdomTree Europe Equity Income UCITS ETF
74
—Oct 2014XNZE.DE vs WTEE.DE
CEMS.DE
iShares Edge MSCI Europe Value Factor UCITS ETF
71
—Jan 2015XNZE.DE vs CEMS.DE
D5BL.DE
Xtrackers MSCI Europe Value UCITS ETF
70
—Mar 2010XNZE.DE vs D5BL.DE

Top Performing XNZE.DE Alternatives (YTD)

XNZE.DE is at 9.92% YTD. There are 25 ETFs in the Europe Equities category with higher YTD returns, going as high as 16.87%.

SymbolNameYTD ReturnAUMInception
AMED.DE
Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EU...
16.87%
—Feb 2018XNZE.DE vs AMED.DE
IBCJ.DE
iShares MSCI Poland UCITS ETF USD (Acc)
16.30%
—Jan 2011XNZE.DE vs IBCJ.DE
EXS2.DE
iShares TecDAX UCITS ETF (DE)
15.70%
—Apr 2001XNZE.DE vs EXS2.DE
EUPE.DE
Ossiam Shiller Barclays CAPE® Europe Sector Value ...
15.44%
—Dec 2014XNZE.DE vs EUPE.DE
DBXI.DE
Xtrackers FTSE MIB UCITS ETF
14.49%
—Jan 2007XNZE.DE vs DBXI.DE

Lowest Volatility Alternatives to XNZE.DE

XNZE.DE has 15.33% 1-year volatility. There are 168 ETFs in the Europe Equities category with lower 1-year volatility, going as low as 6.11%.

SymbolNameVolatility 1YAUMInception
CEMT.DE
iShares Edge MSCI Europe Size Factor UCITS ETF6.11%—Jan 2015XNZE.DE vs CEMT.DE
FLXD.DE
Franklin European Quality Dividend UCITS ETF8.70%—Sep 2017XNZE.DE vs FLXD.DE
MIVA.DE
Amundi MSCI Europe Minimum Volatility Factor UCITS...8.76%—Apr 2018XNZE.DE vs MIVA.DE
EUN0.DE
iShares Edge MSCI Europe Minimum Volatility UCITS ...8.77%—Nov 2012XNZE.DE vs EUN0.DE
ZPRL.DE
SPDR EURO STOXX Low Volatility UCITS ETF9.22%—Mar 2014XNZE.DE vs ZPRL.DE

Lowest Drawdown Alternatives to XNZE.DE

XNZE.DE has a 1-year max drawdown of -11.49%. There are 193 ETFs in the Europe Equities category with shallower 1-year drawdowns, going as shallow as -4.02%.

SymbolNameMax Drawdown 1YAUMInception
FLXD.DE
Franklin European Quality Dividend UCITS ETF
-4.02%
—Sep 2017XNZE.DE vs FLXD.DE
CEMT.DE
iShares Edge MSCI Europe Size Factor UCITS ETF
-4.26%
—Jan 2015XNZE.DE vs CEMT.DE
EUPE.DE
Ossiam Shiller Barclays CAPE® Europe Sector Value ...
-5.82%
—Dec 2014XNZE.DE vs EUPE.DE
18M2.DE
Amundi ETF MSCI EMU High Dividend UCITS ETF EUR
-6.19%
—Mar 2009XNZE.DE vs 18M2.DE
EHF1.DE
Amundi MSCI Europe High Dividend Factor UCITS ETF ...
-6.24%
—Jan 2018XNZE.DE vs EHF1.DE

Other ETFs from DWS

The 10 most viewed DWS ETFs shown here include XDEM.DE, XDEV.DE, XDEB.DE and span 6 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XDEM.DE
Xtrackers MSCI World Momentum Factor UCITS ETF 1CMomentum, Global Equities
63
22.76%
—Sep 2014XNZE.DE vs XDEM.DE
XDEV.DE
Xtrackers MSCI World Value Factor UCITS ETF 1CGlobal Equities
97
35.07%
—Sep 2014XNZE.DE vs XDEV.DE
XDEB.DE
Xtrackers MSCI World Minimum Volatility UCITS ETF ...Global Equities
9
1.74%
—Sep 2014XNZE.DE vs XDEB.DE
XNZN.DE
Xtrackers Nordic Net Zero Pathway Paris Aligned UC...Europe Equities
10
0.62%
—Apr 2023XNZE.DE vs XNZN.DE
XCTE.DE
Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1CTechnology Equities
25
5.61%
—Mar 2022XNZE.DE vs XCTE.DE
XECT.DE
Xtrackers MSCI Europe Climate Transition UCITS ETF...Europe Equities
30
6.91%
—Jan 2023XNZE.DE vs XECT.DE
XZHE.DE
Xtrackers ESG EUR High Yield Corporate Bond UCITS ...European High Yield Bonds
24
0.54%
—Jun 2022XNZE.DE vs XZHE.DE
XUIN.DE
Xtrackers MSCI USA Industrials UCITS ETF 1DIndustrials Equities
45
14.33%
—Jan 2021XNZE.DE vs XUIN.DE
XCEU.DE
Xtrackers MSCI EMU Climate Transition UCITS ETF 1CEurope Equities
32
8.87%
—Jan 2023XNZE.DE vs XCEU.DE
XCTW.DE
Xtrackers MSCI World Climate Transition UCITS ETFGlobal Equities
61
9.85%
—Jan 2023XNZE.DE vs XCTW.DE

Often Compared With XNZE.DE

Investors most often compare XNZE.DE with XZWG.DE, ELFC.DE, SC0D.DE. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XZWG.DE
Xtrackers II ESG Global Government Bond UCITS ETFGlobal Bonds
5
0.27%
—Dec 2021XNZE.DE vs XZWG.DE
ELFC.DE
Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETFEurope Equities
55
12.62%
—Sep 2015XNZE.DE vs ELFC.DE
SC0D.DE
Invesco EURO STOXX 50 UCITS ETFEurope Equities
29
7.29%
—Mar 2009XNZE.DE vs SC0D.DE
5HEU.DE
Ossiam ESG Shiller Barclays CAPE® Europe Sector UC...Europe Equities———Dec 2021XNZE.DE vs 5HEU.DE
ED3F.DE
Global X Europe Focused Defence Tech UCITS ETF EUR...Aerospace & Defense, Europe Equities
9
0.02%
—May 2025XNZE.DE vs ED3F.DE
LGGE.DE
L&G Quality Equity Dividends ESG Exclusions Europe...Europe Equities
69
11.27%
—Apr 2021XNZE.DE vs LGGE.DE
EL4C.DE
Deka STOXX Europe Strong Growth 20 UCITS ETFEurope Equities
13
12.27%
—Mar 2008XNZE.DE vs EL4C.DE
PR1Z.DE
Amundi Prime Eurozone UCITS ETF DR (D)Europe Equities
39
9.20%
—Jan 2019XNZE.DE vs PR1Z.DE
H4ZZ.DE
HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)Europe Equities
29
7.20%
—Jun 2022XNZE.DE vs H4ZZ.DE

Compare XNZE.DE with Any Fund or Stock

Compare XNZE.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair XNZE.DE with funds that move differently

Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XNZE.DE.

Explore XNZE.DE Diversifiers