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Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZN.DE) Alternatives

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

XNZN.DE is a passive ETF by DWS tracking the investment results of the MSCI Nordic Countries NR EUR. XNZN.DE launched on Apr 12, 2023 and has a 0.15% expense ratio.

Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZN.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 XNZN.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XNZN.DE

XNZN.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 2018XNZN.DE vs LCUK.DE
PRAE.DE
Amundi Prime Europe UCITS ETF0.05%—Jan 2020XNZN.DE vs PRAE.DE
H4ZA.DE
HSBC EURO STOXX 50 UCITS ETF EUR0.05%—Oct 2009XNZN.DE vs H4ZA.DE
PRAZ.DE
Amundi Prime Eurozone UCITS ETF0.05%—Jan 2020XNZN.DE vs PRAZ.DE
PR1E.DE
Amundi Prime Europe UCITS ETF DR (D)0.05%—Jan 2019XNZN.DE vs PR1E.DE

Best Risk-Adjusted Alternatives to XNZN.DE

XNZN.DE has a PortfoliosLab risk / return rank of 10. There are 233 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 2006XNZN.DE vs SELD.DE
EXSH.DE
iShares STOXX Europe Select Dividend 30 UCITS ETF ...
83
—May 2005XNZN.DE vs EXSH.DE
WTEE.DE
WisdomTree Europe Equity Income UCITS ETF
74
—Oct 2014XNZN.DE vs WTEE.DE
CEMS.DE
iShares Edge MSCI Europe Value Factor UCITS ETF
71
—Jan 2015XNZN.DE vs CEMS.DE
D5BL.DE
Xtrackers MSCI Europe Value UCITS ETF
70
—Mar 2010XNZN.DE vs D5BL.DE

Top Performing XNZN.DE Alternatives (YTD)

XNZN.DE is at 0.62% YTD. There are 229 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 2018XNZN.DE vs AMED.DE
IBCJ.DE
iShares MSCI Poland UCITS ETF USD (Acc)
16.30%
—Jan 2011XNZN.DE vs IBCJ.DE
EXS2.DE
iShares TecDAX UCITS ETF (DE)
15.70%
—Apr 2001XNZN.DE vs EXS2.DE
EUPE.DE
Ossiam Shiller Barclays CAPE® Europe Sector Value ...
15.44%
—Dec 2014XNZN.DE vs EUPE.DE
DBXI.DE
Xtrackers FTSE MIB UCITS ETF
14.49%
—Jan 2007XNZN.DE vs DBXI.DE

Lowest Volatility Alternatives to XNZN.DE

XNZN.DE has 15.38% 1-year volatility. There are 170 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 2015XNZN.DE vs CEMT.DE
FLXD.DE
Franklin European Quality Dividend UCITS ETF8.70%—Sep 2017XNZN.DE vs FLXD.DE
MIVA.DE
Amundi MSCI Europe Minimum Volatility Factor UCITS...8.76%—Apr 2018XNZN.DE vs MIVA.DE
EUN0.DE
iShares Edge MSCI Europe Minimum Volatility UCITS ...8.77%—Nov 2012XNZN.DE vs EUN0.DE
ZPRL.DE
SPDR EURO STOXX Low Volatility UCITS ETF9.22%—Mar 2014XNZN.DE vs ZPRL.DE

Lowest Drawdown Alternatives to XNZN.DE

XNZN.DE has a 1-year max drawdown of -13.08%. There are 224 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 2017XNZN.DE vs FLXD.DE
CEMT.DE
iShares Edge MSCI Europe Size Factor UCITS ETF
-4.26%
—Jan 2015XNZN.DE vs CEMT.DE
EUPE.DE
Ossiam Shiller Barclays CAPE® Europe Sector Value ...
-5.82%
—Dec 2014XNZN.DE vs EUPE.DE
18M2.DE
Amundi ETF MSCI EMU High Dividend UCITS ETF EUR
-6.19%
—Mar 2009XNZN.DE vs 18M2.DE
EHF1.DE
Amundi MSCI Europe High Dividend Factor UCITS ETF ...
-6.24%
—Jan 2018XNZN.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 2014XNZN.DE vs XDEM.DE
XDEV.DE
Xtrackers MSCI World Value Factor UCITS ETF 1CGlobal Equities
97
35.07%
—Sep 2014XNZN.DE vs XDEV.DE
XDEB.DE
Xtrackers MSCI World Minimum Volatility UCITS ETF ...Global Equities
9
1.74%
—Sep 2014XNZN.DE vs XDEB.DE
XCTE.DE
Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1CTechnology Equities
25
5.61%
—Mar 2022XNZN.DE vs XCTE.DE
XECT.DE
Xtrackers MSCI Europe Climate Transition UCITS ETF...Europe Equities
30
6.91%
—Jan 2023XNZN.DE vs XECT.DE
XZHE.DE
Xtrackers ESG EUR High Yield Corporate Bond UCITS ...European High Yield Bonds
24
0.54%
—Jun 2022XNZN.DE vs XZHE.DE
XUIN.DE
Xtrackers MSCI USA Industrials UCITS ETF 1DIndustrials Equities
45
14.33%
—Jan 2021XNZN.DE vs XUIN.DE
XCEU.DE
Xtrackers MSCI EMU Climate Transition UCITS ETF 1CEurope Equities
32
8.87%
—Jan 2023XNZN.DE vs XCEU.DE
XCTW.DE
Xtrackers MSCI World Climate Transition UCITS ETFGlobal Equities
61
9.85%
—Jan 2023XNZN.DE vs XCTW.DE
XNZE.DE
Xtrackers EMU Net Zero Pathway Paris Aligned UCITS...Europe Equities
28
9.92%
—Feb 2022XNZN.DE vs XNZE.DE

Often Compared With XNZN.DE

Investors most often compare XNZN.DE with XDN0.DE, CN1G.DE, BRK-B. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XDN0.DE
Xtrackers MSCI Nordic UCITS ETF 1DEurope Equities
22
8.65%
—Sep 2013XNZN.DE vs XDN0.DE
CN1G.DE
Amundi MSCI Nordic UCITS ETF EUR (C)Europe Equities
22
8.51%
—Mar 2018XNZN.DE vs CN1G.DE
BRK-B
Berkshire Hathaway Inc.
38
-2.89%
——XNZN.DE vs BRK-B
ELFC.DE
Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETFEurope Equities
55
12.62%
—Sep 2015XNZN.DE vs ELFC.DE
AMES.DE
Amundi ETF MSCI Spain UCITS ETF EUREurope Equities
64
7.00%
—Mar 2018XNZN.DE vs AMES.DE
XZWG.DE
Xtrackers II ESG Global Government Bond UCITS ETFGlobal Bonds
5
0.27%
—Dec 2021XNZN.DE vs XZWG.DE
ZPRD.DE
SPDR FTSE UK All Share UCITS ETFEurope Equities
53
5.97%
—Apr 2018XNZN.DE vs ZPRD.DE
ASWA.DE
HANetf European Green Deal UCITS ETF AccEurope Equities
10
-10.58%
—Jul 2023XNZN.DE vs ASWA.DE
PR1Z.DE
Amundi Prime Eurozone UCITS ETF DR (D)Europe Equities
39
9.20%
—Jan 2019XNZN.DE vs PR1Z.DE
XESP.DE
Xtrackers Spanish Equity UCITS ETFEurope Equities
66
7.33%
—Apr 2011XNZN.DE vs XESP.DE
XESD.DE
Xtrackers Spanish Equity UCITS ETFEurope Equities
65
7.26%
—Dec 2013XNZN.DE vs XESD.DE
EUPA.DE
Ossiam Shiller Barclays CAPE® Global Sector Value...Europe Equities
45
8.36%
—Dec 2022XNZN.DE vs EUPA.DE
SC0D.DE
Invesco EURO STOXX 50 UCITS ETFEurope Equities
29
7.29%
—Mar 2009XNZN.DE vs SC0D.DE
ED3F.DE
Global X Europe Focused Defence Tech UCITS ETF EUR...Aerospace & Defense, Europe Equities
9
0.02%
—May 2025XNZN.DE vs ED3F.DE
H4ZZ.DE
HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)Europe Equities
29
7.20%
—Jun 2022XNZN.DE vs H4ZZ.DE
LGGE.DE
L&G Quality Equity Dividends ESG Exclusions Europe...Europe Equities
69
11.27%
—Apr 2021XNZN.DE vs LGGE.DE
5HEU.DE
Ossiam ESG Shiller Barclays CAPE® Europe Sector UC...Europe Equities———Dec 2021XNZN.DE vs 5HEU.DE
S6X0.DE
Invesco EURO STOXX 50 UCITS ETF DistEurope Equities
30
7.30%
—Nov 2009XNZN.DE vs S6X0.DE
EL4C.DE
Deka STOXX Europe Strong Growth 20 UCITS ETFEurope Equities
13
12.27%
—Mar 2008XNZN.DE vs EL4C.DE
FTGE.DE
First Trust Eurozone AlphaDEX UCITS ETF AccEurope Equities
66
13.73%
—Oct 2014XNZN.DE vs FTGE.DE

Compare XNZN.DE with Any Fund or Stock

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

 

Diversifiers

Pair XNZN.DE with funds that move differently

Xtrackers Nordic 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 XNZN.DE.

Explore XNZN.DE Diversifiers