AIUT.DE vs. XZEW.DE

Last updated Jun 5, 2026

AIUT.DE (BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc) and XZEW.DE (Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C) are both exchange-traded funds - AIUT.DE is a ESG fund tracking the MSCI USA Climate Paris Aligned Index, while XZEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight ESG. Both are passively managed. Over the past year, AIUT.DE returned 23.70% vs 21.89% for XZEW.DE. A 0.68 correlation means they provide meaningful diversification when combined. AIUT.DE charges 0.13%/yr vs 0.17%/yr for XZEW.DE.

Performance

AIUT.DE vs. XZEW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc (AIUT.DE) and Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIUT.DE achieves a 11.57% return, which is significantly higher than XZEW.DE's 10.78% return.

AIUT.DE

• 1D: -0.01%
• 1M: 7.35%
• YTD: 11.57%
• 6M: 10.76%
• 1Y: 23.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XZEW.DE

• 1D: 0.38%
• 1M: 3.74%
• YTD: 10.78%
• 6M: 11.14%
• 1Y: 21.89%
• 3Y*: 12.65%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIUT.DE vs. XZEW.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AIUT.DE BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc	11.57%	1.03%	31.84%	5.33%
XZEW.DE Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C	10.78%	1.09%	18.02%	7.58%

Correlation

The correlation between AIUT.DE and XZEW.DE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (All Time) Calculated using the full available price history since Nov 29, 2023	0.68

The correlation between AIUT.DE and XZEW.DE has been stable across timeframes, ranging from 0.59 to 0.68 - a consistent structural relationship.

Return for Risk

AIUT.DE vs. XZEW.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIUT.DE

AIUT.DE Risk / Return Rank: 49
AIUT.DE Sharpe Ratio Rank: 54
AIUT.DE Sortino Ratio Rank: 52
AIUT.DE Omega Ratio Rank: 53
AIUT.DE Calmar Ratio Rank: 43
AIUT.DE Martin Ratio Rank: 40

XZEW.DE

XZEW.DE Risk / Return Rank: 66
XZEW.DE Sharpe Ratio Rank: 59
XZEW.DE Sortino Ratio Rank: 60
XZEW.DE Omega Ratio Rank: 59
XZEW.DE Calmar Ratio Rank: 83
XZEW.DE Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIUT.DE vs. XZEW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc (AIUT.DE) and Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.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.

	AIUT.DE	XZEW.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.98	-0.16
Sortino ratio: Return per unit of downside risk	2.48	2.77	-0.29
Omega ratio: Gain probability vs. loss probability	1.33	1.35	-0.03
Calmar ratio: Return relative to maximum drawdown	2.11	4.33	-2.22
Martin ratio: Return relative to average drawdown	6.23	12.75	-6.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIUT.DE vs. XZEW.DE - Sharpe Ratio Comparison

The current AIUT.DE Sharpe Ratio is 1.82, which is comparable to the XZEW.DE Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of AIUT.DE and XZEW.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIUT.DE	XZEW.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	1.98	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	0.74	+0.50

Drawdowns

AIUT.DE vs. XZEW.DE - Drawdown Comparison

The maximum AIUT.DE drawdown since its inception was -25.11%, roughly equal to the maximum XZEW.DE drawdown of -23.98%. Use the drawdown chart below to compare losses from any high point for AIUT.DE and XZEW.DE.

Drawdown Indicators

	AIUT.DE	XZEW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-25.11%	-23.98%	-1.13%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-5.00%	-6.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.98%	—
Current Drawdown Current decline from peak	-0.33%	0.00%	-0.33%
Average Drawdown Average peak-to-trough decline	-4.23%	-4.76%	+0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	1.70%	+2.13%

Volatility

AIUT.DE vs. XZEW.DE - Volatility Comparison

BNP Paribas Easy II MSCI USA PAB UCITS ETF USD Acc (AIUT.DE) has a higher volatility of 3.37% compared to Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) at 2.12%. This indicates that AIUT.DE's price experiences larger fluctuations and is considered to be riskier than XZEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIUT.DE	XZEW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	2.12%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	8.85%	6.92%	+1.93%
Volatility (1Y) Calculated over the trailing 1-year period	13.08%	10.93%	+2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	13.97%	+1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.75%	13.97%	+1.78%

AIUT.DE vs. XZEW.DE - Expense Ratio Comparison

AIUT.DE has a 0.13% expense ratio, which is lower than XZEW.DE's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AIUT.DE vs. XZEW.DE - Dividend Comparison

Neither AIUT.DE nor XZEW.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AIUT.DE and XZEW.DE in my portfolio?

AIUT.DE and XZEW.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIUT.DE or XZEW.DE?

On fees, AIUT.DE is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIUT.DE or XZEW.DE?

AIUT.DE is cheaper with a 0.13% expense ratio, compared with 0.17% for XZEW.DE.

What is the main difference between AIUT.DE and XZEW.DE?

AIUT.DE is categorized as ESG, while XZEW.DE is S&P 500. AIUT.DE tracks MSCI USA Climate Paris Aligned Index, while XZEW.DE tracks S&P 500 Equal Weight ESG. They also come from different issuers: BNP Paribas Easy and Xtrackers. Their fees differ too: 0.13% for AIUT.DE and 0.17% for XZEW.DE.