DBXS.DE vs. XSX6.DE

Last updated Jul 4, 2026

DBXS.DE (Xtrackers Switzerland UCITS ETF (Dist)) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both Europe Equities funds from Xtrackers - DBXS.DE tracks the Solactive Swiss Large Cap Index while XSX6.DE tracks the STOXX® Europe 600. Both are passively managed. Over the past 10 years, DBXS.DE returned 9.86%/yr vs 10.16%/yr for XSX6.DE. A 0.64 correlation means they provide meaningful diversification when combined. DBXS.DE charges 0.30%/yr vs 0.20%/yr for XSX6.DE.

Performance

DBXS.DE vs. XSX6.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Switzerland UCITS ETF (Dist) (DBXS.DE) and Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DBXS.DE having a 11.71% return and XSX6.DE slightly lower at 11.63%. Both investments have delivered pretty close results over the past 10 years, with DBXS.DE having a 9.86% annualized return and XSX6.DE not far ahead at 10.16%.

DBXS.DE

• 1D: 0.45%
• 1M: 9.25%
• 6M: 11.50%
• YTD: 11.71%
• 1Y: 24.84%
• 3Y*: 12.39%
• 5Y*: 8.88%
• 10Y*: 9.86%

XSX6.DE

• 1D: 0.00%
• 1M: 4.56%
• 6M: 10.88%
• YTD: 11.63%
• 1Y: 22.49%
• 3Y*: 15.24%
• 5Y*: 10.32%
• 10Y*: 10.16%

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

DBXS.DE vs. XSX6.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBXS.DE Xtrackers Switzerland UCITS ETF (Dist)	11.71%	19.12%	3.77%	10.63%	-11.87%	28.73%	1.61%	35.45%	-4.24%	7.02%
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF	11.63%	20.91%	8.35%	15.54%	-10.63%	24.87%	-1.83%	28.68%	-11.34%	10.91%

Correlation

The correlation between DBXS.DE and XSX6.DE is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jan 20, 2009	0.64

The correlation between DBXS.DE and XSX6.DE has been stable across timeframes, ranging from 0.59 to 0.64 - a consistent structural relationship.

Return for Risk

DBXS.DE vs. XSX6.DE — Risk / Return Rank

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

DBXS.DE

DBXS.DE Risk / Return Rank: 60
DBXS.DE Sharpe Ratio Rank: 68
DBXS.DE Sortino Ratio Rank: 69
DBXS.DE Omega Ratio Rank: 65
DBXS.DE Calmar Ratio Rank: 49
DBXS.DE Martin Ratio Rank: 51

XSX6.DE

XSX6.DE Risk / Return Rank: 63
XSX6.DE Sharpe Ratio Rank: 64
XSX6.DE Sortino Ratio Rank: 66
XSX6.DE Omega Ratio Rank: 66
XSX6.DE Calmar Ratio Rank: 58
XSX6.DE Martin Ratio Rank: 62

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.

DBXS.DE vs. XSX6.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Switzerland UCITS ETF (Dist) (DBXS.DE) and Xtrackers STOXX Europe 600 UCITS ETF (XSX6.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.

	DBXS.DE	XSX6.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.72	+0.07
Sortino ratio: Return per unit of downside risk	2.58	2.49	+0.09
Omega ratio: Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	2.05	2.37	-0.31
Martin ratio: Return relative to average drawdown	7.07	9.17	-2.11

DBXS.DE vs. XSX6.DE - Sharpe Ratio Comparison

The current DBXS.DE Sharpe Ratio is 1.79, which is comparable to the XSX6.DE Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of DBXS.DE and XSX6.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.

Drawdowns

DBXS.DE vs. XSX6.DE - Drawdown Comparison

The maximum DBXS.DE drawdown since its inception was -48.29%, which is greater than XSX6.DE's maximum drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for DBXS.DE and XSX6.DE.

Drawdown Indicators

	DBXS.DE	XSX6.DE	Difference
Max Drawdown Largest peak-to-trough decline	-48.29%	-36.06%	-12.23%
Max Drawdown (1Y) Largest decline over 1 year	-12.05%	-9.46%	-2.59%
Max Drawdown (3Y) Largest decline over 3 years	-14.48%	-16.37%	+1.89%
Max Drawdown (5Y) Largest decline over 5 years	-17.19%	-20.84%	+3.65%
Max Drawdown (10Y) Largest decline over 10 years	-25.14%	-36.06%	+10.92%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.74%	-5.24%	-3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	2.44%	+1.07%

Volatility

DBXS.DE vs. XSX6.DE - Volatility Comparison

Xtrackers Switzerland UCITS ETF (Dist) (DBXS.DE) has a higher volatility of 3.96% compared to Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) at 3.11%. This indicates that DBXS.DE's price experiences larger fluctuations and is considered to be riskier than XSX6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DBXS.DE	XSX6.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	3.11%	+0.85%
Volatility (6M) Calculated over the trailing 6-month period	10.85%	10.96%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	13.80%	13.02%	+0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.38%	14.46%	-1.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.99%	15.23%	-1.24%

DBXS.DE vs. XSX6.DE - Expense Ratio Comparison

DBXS.DE has a 0.30% expense ratio, which is higher than XSX6.DE's 0.20% expense ratio.

Dividends

DBXS.DE vs. XSX6.DE - Dividend Comparison

DBXS.DE's dividend yield for the trailing twelve months is around 1.36%, while XSX6.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBXS.DE Xtrackers Switzerland UCITS ETF (Dist)	1.36%	1.52%	1.63%	1.76%	3.25%	1.20%	1.59%	1.21%	2.35%	1.32%	1.06%	1.25%
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DBXS.DE and XSX6.DE in my portfolio?

DBXS.DE and XSX6.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DBXS.DE or XSX6.DE?

On fees, XSX6.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DBXS.DE or XSX6.DE?

XSX6.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for DBXS.DE.

What is the main difference between DBXS.DE and XSX6.DE?

DBXS.DE tracks Solactive Swiss Large Cap Index, while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.30% for DBXS.DE and 0.20% for XSX6.DE.