DBX9.DE vs. ^GSPC
DBX9.DE (Xtrackers FTSE China 50 UCITS ETF 1C) is China Equities fund tracking the FTSE China 50, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, DBX9.DE returned 4.72%/yr vs 13.56%/yr for ^GSPC. At a 0.38 correlation, their price movements are largely independent.
Performance
DBX9.DE vs. ^GSPC - Performance Comparison
Loading charts...
Different Trading Currencies
DBX9.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, DBX9.DE achieves a 15.56% return, which is significantly higher than ^GSPC's 11.08% return. Over the past 10 years, DBX9.DE has underperformed ^GSPC with an annualized return of 4.72%, while ^GSPC has yielded a comparatively higher 13.56% annualized return.
DBX9.DE
- 1D
- 1.58%
- 1M
- 4.42%
- YTD
- 15.56%
- 6M
- 17.29%
- 1Y
- 39.69%
- 3Y*
- 15.94%
- 5Y*
- 0.61%
- 10Y*
- 4.72%
^GSPC
- 1D
- -0.08%
- 1M
- 0.13%
- YTD
- 11.08%
- 6M
- 9.99%
- 1Y
- 23.85%
- 3Y*
- 17.70%
- 5Y*
- 12.53%
- 10Y*
- 13.56%
DBX9.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBX9.DE Xtrackers FTSE China 50 UCITS ETF 1C | 15.56% | 10.03% | 37.71% | -16.44% | -13.64% | -14.99% | -0.86% | 18.35% | -9.23% | 18.88% |
^GSPC S&P 500 Index | 11.08% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 4.74% |
Correlation
The correlation between DBX9.DE and ^GSPC is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2007 | 0.38 |
The correlation between DBX9.DE and ^GSPC shifts across timeframes, from 0.19 (3 years) to 0.38 (all time), reflecting how their relationship changes across market environments.
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
DBX9.DE vs. ^GSPC — Risk / Return Rank
DBX9.DE
^GSPC
DBX9.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE) and S&P 500 Index (^GSPC). 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.
| DBX9.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.35 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.97 | 3.17 | +2.80 |
| Martin ratioReturn relative to average drawdown | 15.49 | 11.71 | +3.78 |
Loading charts...
Drawdowns
DBX9.DE vs. ^GSPC - Drawdown Comparison
The maximum DBX9.DE drawdown since its inception was -66.51%, which is greater than ^GSPC's maximum drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for DBX9.DE and ^GSPC.
Loading charts...
Drawdown Indicators
| DBX9.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.51% | -51.62% | -14.89% |
Max Drawdown (1Y)Largest decline over 1 year | -6.62% | -7.57% | +0.95% |
Max Drawdown (3Y)Largest decline over 3 years | -27.85% | -23.99% | -3.86% |
Max Drawdown (5Y)Largest decline over 5 years | -47.60% | -23.99% | -23.61% |
Max Drawdown (10Y)Largest decline over 10 years | -53.99% | -33.42% | -20.57% |
Current DrawdownCurrent decline from peak | -10.16% | -1.08% | -9.08% |
Average DrawdownAverage peak-to-trough decline | -29.44% | -9.08% | -20.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.04% | +0.51% |
Volatility
DBX9.DE vs. ^GSPC - Volatility Comparison
Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE) has a higher volatility of 5.99% compared to S&P 500 Index (^GSPC) at 3.97%. This indicates that DBX9.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DBX9.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 3.97% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 11.34% | 9.16% | +2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.50% | 12.60% | +3.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.23% | 16.86% | +10.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.52% | 18.61% | +5.91% |
Frequently Asked Questions
DBX9.DE and ^GSPC have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for DBX9.DE and ^GSPC
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