CZX.DE vs. ECDC.DE
CZX.DE (Expat Czech PX UCITS ETF) and ECDC.DE (Expat Croatia Crobex UCITS ETF) are both Europe Equities funds from Expat - CZX.DE tracks the PX Index while ECDC.DE tracks the CROBEX Index. Both are passively managed. Over the past 5 years, CZX.DE returned 17.96%/yr vs 12.51%/yr for ECDC.DE. At a 0.19 correlation, their price movements are largely independent. Both charge a 1.38% expense ratio.
Performance
CZX.DE vs. ECDC.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CZX.DE achieves a -0.76% return, which is significantly lower than ECDC.DE's 13.63% return.
CZX.DE
- 1D
- 0.09%
- 1M
- 0.94%
- 6M
- -2.81%
- YTD
- -0.76%
- 1Y
- 25.11%
- 3Y*
- 26.57%
- 5Y*
- 17.96%
- 10Y*
- —
ECDC.DE
- 1D
- 0.30%
- 1M
- 1.71%
- 6M
- 12.74%
- YTD
- 13.63%
- 1Y
- 18.24%
- 3Y*
- 22.10%
- 5Y*
- 12.51%
- 10Y*
- —
CZX.DE vs. ECDC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CZX.DE Expat Czech PX UCITS ETF | -0.76% | 59.06% | 25.21% | 15.53% | -14.17% | 36.32% | -8.82% | 15.70% | -17.38% |
ECDC.DE Expat Croatia Crobex UCITS ETF | 13.63% | 19.63% | 25.09% | 27.42% | -21.40% | 16.97% | -22.59% | 10.86% | -9.33% |
Correlation
The correlation between CZX.DE and ECDC.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CZX.DE vs. ECDC.DE — Risk / Return Rank
CZX.DE
ECDC.DE
CZX.DE vs. ECDC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expat Czech PX UCITS ETF (CZX.DE) and Expat Croatia Crobex UCITS ETF (ECDC.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.
| CZX.DE | ECDC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.31 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 2.42 | -0.38 |
| Martin ratioReturn relative to average drawdown | 5.25 | 7.76 | -2.51 |
Loading charts...
Drawdowns
CZX.DE vs. ECDC.DE - Drawdown Comparison
The maximum CZX.DE drawdown since its inception was -41.92%, which is greater than ECDC.DE's maximum drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for CZX.DE and ECDC.DE.
Loading charts...
Drawdown Indicators
| CZX.DE | ECDC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -35.49% | -6.43% |
Max Drawdown (1Y)Largest decline over 1 year | -12.60% | -7.52% | -5.08% |
Max Drawdown (3Y)Largest decline over 3 years | -12.60% | -11.02% | -1.58% |
Max Drawdown (5Y)Largest decline over 5 years | -25.87% | -28.39% | +2.52% |
Current DrawdownCurrent decline from peak | -4.39% | 0.00% | -4.39% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -13.89% | +4.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 2.35% | +2.55% |
Volatility
CZX.DE vs. ECDC.DE - Volatility Comparison
Expat Czech PX UCITS ETF (CZX.DE) has a higher volatility of 4.33% compared to Expat Croatia Crobex UCITS ETF (ECDC.DE) at 2.36%. This indicates that CZX.DE's price experiences larger fluctuations and is considered to be riskier than ECDC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CZX.DE | ECDC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 2.36% | +1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 14.19% | 11.03% | +3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.56% | 13.18% | +4.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 12.69% | +4.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.39% | 13.56% | +4.83% |
CZX.DE vs. ECDC.DE - Expense Ratio Comparison
Both CZX.DE and ECDC.DE have an expense ratio of 1.38%.
Dividends
CZX.DE vs. ECDC.DE - Dividend Comparison
Neither CZX.DE nor ECDC.DE has paid dividends to shareholders.
Frequently Asked Questions
CZX.DE and ECDC.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 1.38% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CZX.DE and ECDC.DE have the same expense ratio: 1.38% per year.
CZX.DE tracks PX Index, while ECDC.DE tracks CROBEX Index.
Find the right allocation for CZX.DE and ECDC.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer