^STOXX vs. XNAS.DE
^STOXX (STOXX Europe 600 Index) is an index, while XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) is Nasdaq-100 fund tracking the Nasdaq 100®. Over the past 5 years, ^STOXX returned 6.72%/yr vs 18.79%/yr for XNAS.DE. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
^STOXX vs. XNAS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ^STOXX achieves a 6.82% return, which is significantly lower than XNAS.DE's 20.53% return.
^STOXX
- 1D
- 1.88%
- 1M
- 3.56%
- YTD
- 6.82%
- 6M
- 9.51%
- 1Y
- 16.20%
- 3Y*
- 10.98%
- 5Y*
- 6.72%
- 10Y*
- 7.05%
XNAS.DE
- 1D
- -0.83%
- 1M
- 2.97%
- YTD
- 20.53%
- 6M
- 22.04%
- 1Y
- 39.25%
- 3Y*
- 24.64%
- 5Y*
- 18.79%
- 10Y*
- —
^STOXX vs. XNAS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
^STOXX STOXX Europe 600 Index | 6.82% | 17.42% | 5.39% | 12.74% | -13.06% | 19.87% |
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 20.53% | 7.11% | 33.75% | 51.36% | -29.99% | 31.23% |
Correlation
The correlation between ^STOXX and XNAS.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2021 | 0.57 |
The correlation between ^STOXX and XNAS.DE has been stable across timeframes, ranging from 0.48 to 0.57 - a consistent structural relationship.
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Return for Risk
^STOXX vs. XNAS.DE — Risk / Return Rank
^STOXX
XNAS.DE
^STOXX vs. XNAS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for STOXX Europe 600 Index (^STOXX) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| ^STOXX | XNAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.42 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 3.77 | -2.16 |
| Martin ratioReturn relative to average drawdown | 5.82 | 11.16 | -5.35 |
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Drawdowns
^STOXX vs. XNAS.DE - Drawdown Comparison
The maximum ^STOXX drawdown since its inception was -60.54%, which is greater than XNAS.DE's maximum drawdown of -31.25%. Use the drawdown chart below to compare losses from any high point for ^STOXX and XNAS.DE.
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Drawdown Indicators
| ^STOXX | XNAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.54% | -31.25% | -29.29% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -10.00% | +0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -16.56% | -26.72% | +10.16% |
Max Drawdown (5Y)Largest decline over 5 years | -22.55% | -31.25% | +8.70% |
Max Drawdown (10Y)Largest decline over 10 years | -35.55% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | -0.83% | +0.73% |
Average DrawdownAverage peak-to-trough decline | -14.61% | -7.83% | -6.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 3.38% | -0.70% |
Volatility
^STOXX vs. XNAS.DE - Volatility Comparison
The current volatility for STOXX Europe 600 Index (^STOXX) is 3.17%, while Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) has a volatility of 4.31%. This indicates that ^STOXX experiences smaller price fluctuations and is considered to be less risky than XNAS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ^STOXX | XNAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.17% | 4.31% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 10.28% | 10.91% | -0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.30% | 15.71% | -3.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.22% | 19.88% | -5.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.50% | 19.85% | -4.35% |
Frequently Asked Questions
^STOXX and XNAS.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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