ASRS.DE vs. XDEV.DE
ASRS.DE (BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation) and XDEV.DE (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both exchange-traded funds - ASRS.DE is a Alternative Energy Equities fund tracking the ECPI Global ESG Hydrogen Economy (NR) Index, while XDEV.DE is a Global Equities fund tracking the MSCI ACWI Value NR USD. Both are passively managed. Over the past 3 years, ASRS.DE returned 14.78%/yr vs 25.51%/yr for XDEV.DE. A 0.73 correlation means they provide meaningful diversification when combined. ASRS.DE charges 0.30%/yr vs 0.25%/yr for XDEV.DE.
Performance
ASRS.DE vs. XDEV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ASRS.DE achieves a 26.24% return, which is significantly lower than XDEV.DE's 34.69% return.
ASRS.DE
- 1D
- -0.77%
- 1M
- -0.16%
- YTD
- 26.24%
- 6M
- 26.99%
- 1Y
- 57.71%
- 3Y*
- 14.78%
- 5Y*
- —
- 10Y*
- —
XDEV.DE
- 1D
- 2.90%
- 1M
- 7.03%
- YTD
- 34.69%
- 6M
- 37.13%
- 1Y
- 62.50%
- 3Y*
- 25.51%
- 5Y*
- 17.23%
- 10Y*
- 12.69%
ASRS.DE vs. XDEV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ASRS.DE BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation | 26.24% | 32.28% | -6.37% | -3.66% | -7.70% |
XDEV.DE Xtrackers MSCI World Value Factor UCITS ETF 1C | 34.69% | 24.74% | 11.64% | 15.69% | -3.67% |
Correlation
The correlation between ASRS.DE and XDEV.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.73 |
The correlation between ASRS.DE and XDEV.DE has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.
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Return for Risk
ASRS.DE vs. XDEV.DE — Risk / Return Rank
ASRS.DE
XDEV.DE
ASRS.DE vs. XDEV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.DE) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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.
| ASRS.DE | XDEV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.76 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 7.74 | 10.28 | -2.54 |
| Martin ratioReturn relative to average drawdown | 25.47 | 37.44 | -11.97 |
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Drawdowns
ASRS.DE vs. XDEV.DE - Drawdown Comparison
The maximum ASRS.DE drawdown since its inception was -36.11%, roughly equal to the maximum XDEV.DE drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for ASRS.DE and XDEV.DE.
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Drawdown Indicators
| ASRS.DE | XDEV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.11% | -35.27% | -0.84% |
Max Drawdown (1Y)Largest decline over 1 year | -7.68% | -6.05% | -1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -25.09% | -18.02% | -7.07% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.27% | — |
Current DrawdownCurrent decline from peak | -2.31% | -1.34% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -15.71% | -6.92% | -8.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 1.66% | +0.68% |
Volatility
ASRS.DE vs. XDEV.DE - Volatility Comparison
BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.DE) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.DE) have volatilities of 6.05% and 5.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASRS.DE | XDEV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.05% | 5.99% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 12.94% | 11.86% | +1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.79% | 14.43% | +3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.04% | 14.05% | +3.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.04% | 16.69% | +1.35% |
ASRS.DE vs. XDEV.DE - Expense Ratio Comparison
ASRS.DE has a 0.30% expense ratio, which is higher than XDEV.DE's 0.25% expense ratio.
Dividends
ASRS.DE vs. XDEV.DE - Dividend Comparison
Neither ASRS.DE nor XDEV.DE has paid dividends to shareholders.
Frequently Asked Questions
ASRS.DE and XDEV.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEV.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEV.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for ASRS.DE.
ASRS.DE is categorized as Alternative Energy Equities, while XDEV.DE is Global Equities. ASRS.DE tracks ECPI Global ESG Hydrogen Economy (NR) Index, while XDEV.DE tracks MSCI ACWI Value NR USD. They also come from different issuers: BNP Paribas Easy and DWS. Their fees differ too: 0.30% for ASRS.DE and 0.25% for XDEV.DE.
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