DEUS vs. XOEX

Last updated Aug 2, 2026

DEUS (Xtrackers Russell US Multifactor ETF) and XOEX (Xtrackers S&P 100 Ex Top 20 ETF) are both exchange-traded funds - DEUS is a Mid Cap Blend Equities fund tracking the Russell 1000 Comprehensive Factor Index, while XOEX is a Large Cap Blend Equities fund tracking the S&P 100 Ex-Top 20 Select Index. Both are passively managed. Over the past 3 years, DEUS returned 14.88%/yr vs 16.00%/yr for XOEX. Their correlation of 0.90 means they have usually moved in the same direction. DEUS charges 0.17%/yr vs 0.15%/yr for XOEX.

Performance

DEUS vs. XOEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Russell US Multifactor ETF (DEUS) and Xtrackers S&P 100 Ex Top 20 ETF (XOEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DEUS achieves a 15.12% return, which is significantly higher than XOEX's 10.64% return.

DEUS

• 1D: -0.21%
• 1M: 1.31%
• 6M: 10.90%
• YTD: 15.12%
• 1Y: 21.03%
• 3Y*: 14.88%
• 5Y*: 9.89%
• 10Y*: 11.33%
• ALL TIME*: 11.51%

XOEX

• 1D: -0.01%
• 1M: -1.22%
• 6M: 9.22%
• YTD: 10.64%
• 1Y: 25.33%
• 3Y*: 16.00%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.43%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DEUS Xtrackers Russell US Multifactor ETF	$618.40K	$852.23K	$985.08K
XOEX Xtrackers S&P 100 Ex Top 20 ETF	$8.95M	$4.29M	$2.05M

DEUS vs. XOEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DEUS Xtrackers Russell US Multifactor ETF	15.12%	10.41%	14.33%	14.73%	0.98%
XOEX Xtrackers S&P 100 Ex Top 20 ETF	10.64%	18.97%	12.07%	15.99%	2.98%

Correlation

The correlation between DEUS and XOEX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.89
Correlation (All Time) Calculated using the full available price history since Nov 9, 2022	0.90

The correlation between DEUS and XOEX has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

DEUS vs. XOEX - Sectors Allocation Comparison

Sectors	DEUS	XOEX
Industrials	18.7%	14.4%
Financial Services	13.8%	18.0%
Healthcare	12.9%	17.6%
Consumer Cyclical	11.1%	6.7%
Technology	10.5%	16.8%
Consumer Defensive	7.5%	9.4%
Utilities	7.4%	4.4%
Real Estate	5.6%	1.0%
Energy	5.2%	3.4%
Basic Materials	4.1%	1.6%
Communication Services	3.2%	6.5%

Return for Risk

DEUS vs. XOEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DEUS

DEUS Risk / Return Rank: 80
DEUS Sharpe Ratio Rank: 78
DEUS Sortino Ratio Rank: 81
DEUS Omega Ratio Rank: 75
DEUS Calmar Ratio Rank: 80
DEUS Martin Ratio Rank: 83

XOEX

XOEX Risk / Return Rank: 87
XOEX Sharpe Ratio Rank: 87
XOEX Sortino Ratio Rank: 88
XOEX Omega Ratio Rank: 86
XOEX Calmar Ratio Rank: 85
XOEX Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DEUS vs. XOEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Russell US Multifactor ETF (DEUS) and Xtrackers S&P 100 Ex Top 20 ETF (XOEX). 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.

	DEUS	XOEX	Difference
Sharpe ratio: Return per unit of total volatility	1.79	2.10	-0.31
Sortino ratio: Return per unit of downside risk	2.65	3.00	-0.35
Omega ratio: Gain probability vs. loss probability	1.31	1.38	-0.06
Calmar ratio: Return relative to maximum drawdown	2.92	3.28	-0.36
Martin ratio: Return relative to average drawdown	11.25	12.82	-1.56

DEUS vs. XOEX - Sharpe Ratio Comparison

The current DEUS Sharpe Ratio is 1.79, which is comparable to the XOEX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of DEUS and XOEX, 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

DEUS vs. XOEX - Drawdown Comparison

The maximum DEUS drawdown since its inception was -40.47%, which is greater than XOEX's maximum drawdown of -14.68%. Use the drawdown chart below to compare losses from any high point for DEUS and XOEX.

Drawdown Indicators

	DEUS	XOEX	Difference
Max Drawdown Largest peak-to-trough decline	-40.47%	-14.68%	-25.79%
Max Drawdown (1Y) Largest decline over 1 year	-6.83%	-7.31%	+0.48%
Max Drawdown (3Y) Largest decline over 3 years	-16.69%	-14.68%	-2.01%
Max Drawdown (5Y) Largest decline over 5 years	-20.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.47%	—	—
Current Drawdown Current decline from peak	-1.53%	-1.36%	-0.17%
Average Drawdown Average peak-to-trough decline	-4.28%	-2.58%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	1.87%	-0.10%

Volatility

DEUS vs. XOEX - Volatility Comparison

Xtrackers Russell US Multifactor ETF (DEUS) and Xtrackers S&P 100 Ex Top 20 ETF (XOEX) have volatilities of 3.09% and 3.03%, 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

	DEUS	XOEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.09%	3.03%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	8.23%	8.93%	-0.70%
Volatility (1Y) Calculated over the trailing 1-year period	11.17%	11.43%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	13.36%	+2.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.95%	13.36%	+4.59%

DEUS vs. XOEX - Expense Ratio Comparison

DEUS has a 0.17% expense ratio, which is higher than XOEX's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DEUS vs. XOEX - Dividend Comparison

DEUS's dividend yield for the trailing twelve months is around 1.38%, less than XOEX's 1.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DEUS Xtrackers Russell US Multifactor ETF	1.38%	1.59%	1.36%	1.49%	1.74%	1.14%	1.61%	1.65%	1.77%	1.31%	2.75%
XOEX Xtrackers S&P 100 Ex Top 20 ETF	1.46%	1.95%	2.09%	1.72%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DEUS and XOEX in my portfolio?

DEUS and XOEX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DEUS or XOEX?

DEUS has higher volatility (3.09%) compared to XOEX (3.03%). In terms of maximum drawdown, DEUS dropped -40.47% vs XOEX's -14.68%.

Which ETF is better, DEUS or XOEX?

On 3-year performance, XOEX leads with 16.00% vs 14.88% for DEUS. On fees, XOEX is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DEUS or XOEX?

Over the 3-year period, XOEX has performed better with a 16.00% return vs 14.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DEUS or XOEX?

XOEX is cheaper with a 0.15% expense ratio, compared with 0.17% for DEUS.

Which ETF pays a higher dividend yield, DEUS or XOEX?

XOEX has the higher dividend yield at 1.46%, compared with 1.38% for DEUS.

What is the main difference between DEUS and XOEX?

DEUS is categorized as Mid Cap Blend Equities, while XOEX is Large Cap Blend Equities. DEUS tracks Russell 1000 Comprehensive Factor Index, while XOEX tracks S&P 100 Ex-Top 20 Select Index. Their fees differ too: 0.17% for DEUS and 0.15% for XOEX.

Which has better risk-adjusted returns?

XOEX currently has the higher Sharpe Ratio (2.10 vs 1.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.