DBXI.DE vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers FTSE MIB UCITS ETF (DBXI.DE) and S&P 500 Index (^GSPC).

DBXI.DE is a passively managed fund by Xtrackers that tracks the performance of the FTSE MIB. It was launched on Jan 4, 2007.

Performance

DBXI.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers FTSE MIB UCITS ETF (DBXI.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

DBXI.DE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBXI.DE Xtrackers FTSE MIB UCITS ETF	2.20%	37.50%	18.27%	33.40%	-9.08%	26.51%	-4.28%	33.02%	-14.48%	16.46%
^GSPC S&P 500 Index	-2.47%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-1.84%	4.74%

Different Trading Currencies

DBXI.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, DBXI.DE achieves a 2.20% return, which is significantly higher than ^GSPC's -2.47% return. Over the past 10 years, DBXI.DE has outperformed ^GSPC with an annualized return of 13.72%, while ^GSPC has yielded a comparatively lower 12.10% annualized return.

DBXI.DE

• 1D: 3.20%
• 1M: -1.10%
• YTD: 2.20%
• 6M: 7.81%
• 1Y: 24.37%
• 3Y*: 24.71%
• 5Y*: 18.07%
• 10Y*: 13.72%

^GSPC

• 1D: 0.00%
• 1M: -3.17%
• YTD: -2.47%
• 6M: -0.80%
• 1Y: 8.54%
• 3Y*: 14.53%
• 5Y*: 10.74%
• 10Y*: 12.10%

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

Return for Risk

DBXI.DE vs. ^GSPC — Risk / Return Rank

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

DBXI.DE

DBXI.DE Risk / Return Rank: 69
DBXI.DE Sharpe Ratio Rank: 70
DBXI.DE Sortino Ratio Rank: 65
DBXI.DE Omega Ratio Rank: 66
DBXI.DE Calmar Ratio Rank: 74
DBXI.DE Martin Ratio Rank: 72

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

DBXI.DE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE MIB UCITS ETF (DBXI.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.

	DBXI.DE	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.30	0.41	+0.89
Sortino ratio Return per unit of downside risk	1.71	0.71	+1.01
Omega ratio Gain probability vs. loss probability	1.25	1.11	+0.14
Calmar ratio Return relative to maximum drawdown	2.10	0.62	+1.48
Martin ratio Return relative to average drawdown	8.12	2.56	+5.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DBXI.DE vs. ^GSPC - Sharpe Ratio Comparison

The current DBXI.DE Sharpe Ratio is 1.30, which is higher than the ^GSPC Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of DBXI.DE and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DBXI.DE	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	0.41	+0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.00	0.64	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.65	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.45	-0.28

Correlation

The correlation between DBXI.DE and ^GSPC is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

DBXI.DE vs. ^GSPC - Drawdown Comparison

The maximum DBXI.DE drawdown since its inception was -69.49%, which is greater than ^GSPC's maximum drawdown of -53.11%. Use the drawdown chart below to compare losses from any high point for DBXI.DE and ^GSPC.

Drawdown Indicators

	DBXI.DE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-69.49%	-56.78%	-12.71%
Max Drawdown (1Y) Largest decline over 1 year	-14.91%	-9.10%	-5.81%
Max Drawdown (5Y) Largest decline over 5 years	-25.10%	-25.43%	+0.33%
Max Drawdown (10Y) Largest decline over 10 years	-40.46%	-33.92%	-6.54%
Current Drawdown Current decline from peak	-3.56%	-5.67%	+2.11%
Average Drawdown Average peak-to-trough decline	-29.84%	-10.75%	-19.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.62%	+0.42%

Volatility

DBXI.DE vs. ^GSPC - Volatility Comparison

Xtrackers FTSE MIB UCITS ETF (DBXI.DE) has a higher volatility of 6.68% compared to S&P 500 Index (^GSPC) at 4.36%. This indicates that DBXI.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.

Volatility by Period

	DBXI.DE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.68%	4.36%	+2.32%
Volatility (6M) Calculated over the trailing 6-month period	11.68%	9.93%	+1.75%
Volatility (1Y) Calculated over the trailing 1-year period	18.68%	20.68%	-2.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.20%	16.80%	+1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.53%	18.63%	+1.90%