DBXD.DE vs. TLX.DE

Last updated Jun 5, 2026

DBXD.DE (Xtrackers DAX UCITS ETF 1C) is Europe Equities fund tracking the DAX®, while TLX.DE (Talanx AG) is a stock. Over the past 10 years, DBXD.DE returned 8.92%/yr vs 17.24%/yr for TLX.DE. A 0.58 correlation means they provide meaningful diversification when combined.

Performance

DBXD.DE vs. TLX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers DAX UCITS ETF 1C (DBXD.DE) and Talanx AG (TLX.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DBXD.DE achieves a 1.35% return, which is significantly higher than TLX.DE's -10.52% return. Over the past 10 years, DBXD.DE has underperformed TLX.DE with an annualized return of 8.92%, while TLX.DE has yielded a comparatively higher 17.24% annualized return.

DBXD.DE

• 1D: 0.50%
• 1M: -0.04%
• YTD: 1.35%
• 6M: 3.40%
• 1Y: 2.06%
• 3Y*: 15.51%
• 5Y*: 9.16%
• 10Y*: 8.92%

TLX.DE

• 1D: -0.56%
• 1M: -5.81%
• YTD: -10.52%
• 6M: -7.18%
• 1Y: -11.76%
• 3Y*: 26.76%
• 5Y*: 27.74%
• 10Y*: 17.24%

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

DBXD.DE vs. TLX.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBXD.DE Xtrackers DAX UCITS ETF 1C	1.35%	22.65%	18.18%	19.60%	-12.74%	15.26%	3.11%	24.69%	-18.52%	12.12%
TLX.DE Talanx AG	-10.52%	42.18%	31.37%	52.71%	8.62%	39.61%	-24.76%	54.54%	-9.07%	11.56%

Correlation

The correlation between DBXD.DE and TLX.DE is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Oct 3, 2012	0.58

The correlation between DBXD.DE and TLX.DE has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.

Return for Risk

DBXD.DE vs. TLX.DE — Risk / Return Rank

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

DBXD.DE

DBXD.DE Risk / Return Rank: 11
DBXD.DE Sharpe Ratio Rank: 11
DBXD.DE Sortino Ratio Rank: 11
DBXD.DE Omega Ratio Rank: 11
DBXD.DE Calmar Ratio Rank: 11
DBXD.DE Martin Ratio Rank: 12

TLX.DE

TLX.DE Risk / Return Rank: 18
TLX.DE Sharpe Ratio Rank: 18
TLX.DE Sortino Ratio Rank: 17
TLX.DE Omega Ratio Rank: 19
TLX.DE Calmar Ratio Rank: 18
TLX.DE Martin Ratio Rank: 17

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.

DBXD.DE vs. TLX.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers DAX UCITS ETF 1C (DBXD.DE) and Talanx AG (TLX.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.

	DBXD.DE	TLX.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.14	-0.52	+0.66
Sortino ratio: Return per unit of downside risk	0.32	-0.63	+0.96
Omega ratio: Gain probability vs. loss probability	1.04	0.93	+0.11
Calmar ratio: Return relative to maximum drawdown	0.19	-0.65	+0.83
Martin ratio: Return relative to average drawdown	0.58	-1.13	+1.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DBXD.DE vs. TLX.DE - Sharpe Ratio Comparison

The current DBXD.DE Sharpe Ratio is 0.14, which is higher than the TLX.DE Sharpe Ratio of -0.52. The chart below compares the historical Sharpe Ratios of DBXD.DE and TLX.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

	DBXD.DE	TLX.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	-0.52	+0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	1.18	-0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.69	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.74	-0.43

Drawdowns

DBXD.DE vs. TLX.DE - Drawdown Comparison

The maximum DBXD.DE drawdown since its inception was -54.98%, roughly equal to the maximum TLX.DE drawdown of -53.74%. Use the drawdown chart below to compare losses from any high point for DBXD.DE and TLX.DE.

Drawdown Indicators

	DBXD.DE	TLX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-54.98%	-53.74%	-1.24%
Max Drawdown (1Y) Largest decline over 1 year	-12.28%	-18.11%	+5.83%
Max Drawdown (3Y) Largest decline over 3 years	-15.92%	-18.11%	+2.19%
Max Drawdown (5Y) Largest decline over 5 years	-26.70%	-21.22%	-5.48%
Max Drawdown (10Y) Largest decline over 10 years	-38.83%	-53.74%	+14.91%
Current Drawdown Current decline from peak	-2.23%	-17.69%	+15.46%
Average Drawdown Average peak-to-trough decline	-11.34%	-8.15%	-3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.97%	10.39%	-6.42%

Volatility

DBXD.DE vs. TLX.DE - Volatility Comparison

Xtrackers DAX UCITS ETF 1C (DBXD.DE) and Talanx AG (TLX.DE) have volatilities of 5.10% and 5.27%, 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.

Volatility by Period

	DBXD.DE	TLX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.10%	5.27%	-0.17%
Volatility (6M) Calculated over the trailing 6-month period	12.95%	16.15%	-3.20%
Volatility (1Y) Calculated over the trailing 1-year period	16.13%	22.47%	-6.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.16%	23.31%	-6.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.35%	24.86%	-6.51%

Dividends

DBXD.DE vs. TLX.DE - Dividend Comparison

DBXD.DE has not paid dividends to shareholders, while TLX.DE's dividend yield for the trailing twelve months is around 3.65%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBXD.DE Xtrackers DAX UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TLX.DE Talanx AG	3.65%	2.37%	2.86%	3.09%	3.61%	3.53%	4.72%	3.28%	4.70%	3.96%	4.09%	4.38%

Frequently Asked Questions

Can I hold both DBXD.DE and TLX.DE in my portfolio?

DBXD.DE and TLX.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.