DEEF vs. XRLV

Last updated Jun 4, 2026

DEEF (Xtrackers FTSE Developed ex US Multifactor ETF) and XRLV (Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF) are both exchange-traded funds - DEEF is a Foreign Large Cap Equities fund tracking the FTSE Developed ex US Comprehensive Factor Net Tax (US RIC) Index, while XRLV is a S&P 500 fund tracking the S&P 500 Low Volatility Rate Response Index. Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. DEEF charges 0.24%/yr vs 0.25%/yr for XRLV.

Performance

DEEF vs. XRLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) and Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DEEF

• 1D: -0.08%
• 1M: 2.38%
• YTD: 10.24%
• 6M: 13.08%
• 1Y: 23.80%
• 3Y*: 17.65%
• 5Y*: 7.51%
• 10Y*: 8.28%

XRLV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DEEF vs. XRLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEEF Xtrackers FTSE Developed ex US Multifactor ETF	10.24%	32.36%	2.77%	16.99%	-16.94%	9.22%	7.90%	19.30%	-14.50%	29.23%
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	6.34%	4.11%	14.11%	0.06%	-4.77%	27.39%	2.56%	29.80%	-3.28%	23.51%

Correlation

The correlation between DEEF and XRLV is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.42
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 Nov 25, 2015	0.58

Over the past year, the correlation between DEEF and XRLV has dropped to 0.28 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.

DEEF vs. XRLV - Sectors Allocation Comparison

Sectors	DEEF	XRLV
Industrials	23.4%	7.2%
Financial Services	14.2%	16.3%
Consumer Cyclical	10.8%	7.1%
Consumer Defensive	9.7%	15.3%
Basic Materials	9.6%	3.1%
Utilities	6.8%	21.5%
Real Estate	5.4%	11.6%
Energy	4.9%	1.1%
Technology	4.8%	5.6%
Healthcare	4.4%	8.4%
Communication Services	4.2%	2.8%

Return for Risk

DEEF vs. XRLV — Risk / Return Rank

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

DEEF

DEEF Risk / Return Rank: 49
DEEF Sharpe Ratio Rank: 52
DEEF Sortino Ratio Rank: 50
DEEF Omega Ratio Rank: 52
DEEF Calmar Ratio Rank: 46
DEEF Martin Ratio Rank: 47

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.

DEEF vs. XRLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) and Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV). 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.

	DEEF	XRLV	Difference
Sharpe ratio: Return per unit of total volatility	1.77	—	—
Sortino ratio: Return per unit of downside risk	2.43	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.25	—	—
Martin ratio: Return relative to average drawdown	7.82	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DEEF	XRLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	—	—

Drawdowns

Drawdown Indicators

	DEEF	XRLV	Difference
Max Drawdown Largest peak-to-trough decline	-36.48%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.48%	—	—
Current Drawdown Current decline from peak	-3.63%	—	—
Average Drawdown Average peak-to-trough decline	-7.09%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.05%	—	—

Volatility

Volatility by Period

	DEEF	XRLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.53%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.93%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.29%	—	—

DEEF vs. XRLV - Expense Ratio Comparison

DEEF has a 0.24% expense ratio, which is lower than XRLV's 0.25% 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

DEEF vs. XRLV - Dividend Comparison

DEEF's dividend yield for the trailing twelve months is around 3.38%, more than XRLV's 1.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEEF Xtrackers FTSE Developed ex US Multifactor ETF	3.38%	3.63%	4.04%	3.96%	3.31%	3.84%	2.71%	3.74%	2.80%	2.61%	4.35%	0.00%
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	1.53%	2.15%	1.94%	2.57%	1.96%	1.26%	1.65%	1.66%	1.76%	1.39%	1.71%	1.07%

Frequently Asked Questions

Can I hold both DEEF and XRLV in my portfolio?

DEEF and XRLV have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DEEF or XRLV?

On fees, DEEF is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DEEF or XRLV?

DEEF is cheaper with a 0.24% expense ratio, compared with 0.25% for XRLV.

Which ETF pays a higher dividend yield, DEEF or XRLV?

DEEF has the higher dividend yield at 3.38%, compared with 1.53% for XRLV.

What is the main difference between DEEF and XRLV?

DEEF is categorized as Foreign Large Cap Equities, while XRLV is S&P 500. DEEF tracks FTSE Developed ex US Comprehensive Factor Net Tax (US RIC) Index, while XRLV tracks S&P 500 Low Volatility Rate Response Index. They also come from different issuers: Deutsche Bank and Invesco. Their fees differ too: 0.24% for DEEF and 0.25% for XRLV.