DBXJ.DE vs. XDEW.DE
DBXJ.DE (Xtrackers MSCI Japan UCITS ETF 1C) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - DBXJ.DE is a Japan Equities fund tracking the MSCI Japan, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, DBXJ.DE returned 8.95%/yr vs 11.05%/yr for XDEW.DE. A 0.63 correlation means they provide meaningful diversification when combined. DBXJ.DE charges 0.12%/yr vs 0.20%/yr for XDEW.DE.
Performance
DBXJ.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXJ.DE achieves a 18.87% return, which is significantly higher than XDEW.DE's 14.15% return. Over the past 10 years, DBXJ.DE has underperformed XDEW.DE with an annualized return of 8.95%, while XDEW.DE has yielded a comparatively higher 11.05% annualized return.
DBXJ.DE
- 1D
- -1.16%
- 1M
- 0.69%
- 6M
- 12.46%
- YTD
- 18.87%
- 1Y
- 38.28%
- 3Y*
- 17.32%
- 5Y*
- 10.26%
- 10Y*
- 8.95%
XDEW.DE
- 1D
- -0.02%
- 1M
- 1.80%
- 6M
- 10.18%
- YTD
- 14.15%
- 1Y
- 19.97%
- 3Y*
- 12.88%
- 5Y*
- 9.45%
- 10Y*
- 11.05%
DBXJ.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBXJ.DE Xtrackers MSCI Japan UCITS ETF 1C | 18.87% | 12.58% | 13.75% | 16.43% | -12.41% | 9.99% | 5.08% | 21.75% | -9.54% | 9.08% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.15% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between DBXJ.DE and XDEW.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.63 |
The correlation between DBXJ.DE and XDEW.DE shifts across timeframes, from 0.48 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DBXJ.DE vs. XDEW.DE — Risk / Return Rank
DBXJ.DE
XDEW.DE
DBXJ.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan UCITS ETF 1C (DBXJ.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
| DBXJ.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.34 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 3.93 | -0.20 |
| Martin ratioReturn relative to average drawdown | 12.09 | 12.11 | -0.02 |
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Drawdowns
DBXJ.DE vs. XDEW.DE - Drawdown Comparison
The maximum DBXJ.DE drawdown since its inception was -51.22%, which is greater than XDEW.DE's maximum drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for DBXJ.DE and XDEW.DE.
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Drawdown Indicators
| DBXJ.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.22% | -38.79% | -12.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -5.06% | -5.15% |
Max Drawdown (3Y)Largest decline over 3 years | -16.95% | -22.70% | +5.75% |
Max Drawdown (5Y)Largest decline over 5 years | -19.01% | -22.70% | +3.69% |
Max Drawdown (10Y)Largest decline over 10 years | -28.04% | -38.79% | +10.75% |
Current DrawdownCurrent decline from peak | -3.89% | -0.92% | -2.97% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -5.33% | -9.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 1.65% | +1.51% |
Volatility
DBXJ.DE vs. XDEW.DE - Volatility Comparison
Xtrackers MSCI Japan UCITS ETF 1C (DBXJ.DE) has a higher volatility of 6.53% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.73%. This indicates that DBXJ.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXJ.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.53% | 2.73% | +3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 16.03% | 6.91% | +9.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.74% | 10.64% | +9.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.80% | 14.91% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.42% | 16.80% | -0.38% |
DBXJ.DE vs. XDEW.DE - Expense Ratio Comparison
DBXJ.DE has a 0.12% expense ratio, which is lower than XDEW.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DBXJ.DE vs. XDEW.DE - Dividend Comparison
Neither DBXJ.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXJ.DE and XDEW.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXJ.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXJ.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for XDEW.DE.
DBXJ.DE is categorized as Japan Equities, while XDEW.DE is S&P 500. DBXJ.DE tracks MSCI Japan, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.12% for DBXJ.DE and 0.20% for XDEW.DE.
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