DXSL.DE vs. SPYQ.DE
DXSL.DE (Xtrackers MSCI Europe Industrials ESG Screened UCITS ETF 1C) and SPYQ.DE (SPDR MSCI Europe Industrials UCITS ETF) are both Industrials Equities funds - DXSL.DE tracks the MSCI Europe Industrials ESG Screened 20-35 while SPYQ.DE tracks the MSCI Europe Industrials 20/35 Capped. Both are passively managed. Over the past 10 years, DXSL.DE returned 11.00%/yr vs 12.56%/yr for SPYQ.DE. With a 0.98 correlation, they move nearly in lockstep. DXSL.DE charges 0.17%/yr vs 0.18%/yr for SPYQ.DE.
Performance
DXSL.DE vs. SPYQ.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with DXSL.DE having a 8.84% return and SPYQ.DE slightly higher at 8.86%. Over the past 10 years, DXSL.DE has underperformed SPYQ.DE with an annualized return of 11.00%, while SPYQ.DE has yielded a comparatively higher 12.56% annualized return.
DXSL.DE
- 1D
- 0.45%
- 1M
- -0.31%
- YTD
- 8.84%
- 6M
- 10.88%
- 1Y
- 14.61%
- 3Y*
- 14.15%
- 5Y*
- 9.06%
- 10Y*
- 11.00%
SPYQ.DE
- 1D
- 0.62%
- 1M
- 0.55%
- YTD
- 8.86%
- 6M
- 11.04%
- 1Y
- 15.68%
- 3Y*
- 19.58%
- 5Y*
- 12.85%
- 10Y*
- 12.56%
DXSL.DE vs. SPYQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXSL.DE Xtrackers MSCI Europe Industrials ESG Screened UCITS ETF 1C | 8.84% | 15.36% | 9.82% | 24.09% | -19.61% | 29.29% | 6.12% | 36.96% | -13.91% | 17.04% |
SPYQ.DE SPDR MSCI Europe Industrials UCITS ETF | 8.86% | 25.52% | 14.36% | 26.68% | -16.54% | 28.05% | 4.02% | 37.55% | -14.12% | 15.52% |
Correlation
The correlation between DXSL.DE and SPYQ.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.98 |
The correlation between DXSL.DE and SPYQ.DE has been stable across timeframes, ranging from 0.92 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DXSL.DE vs. SPYQ.DE — Risk / Return Rank
DXSL.DE
SPYQ.DE
DXSL.DE vs. SPYQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Industrials ESG Screened UCITS ETF 1C (DXSL.DE) and SPDR MSCI Europe Industrials UCITS ETF (SPYQ.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.
| DXSL.DE | SPYQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.16 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.19 | -0.09 |
| Martin ratioReturn relative to average drawdown | 3.89 | 4.36 | -0.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DXSL.DE | SPYQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.79 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.67 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.64 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.60 | -0.22 |
Drawdowns
DXSL.DE vs. SPYQ.DE - Drawdown Comparison
The maximum DXSL.DE drawdown since its inception was -58.54%, which is greater than SPYQ.DE's maximum drawdown of -41.44%. Use the drawdown chart below to compare losses from any high point for DXSL.DE and SPYQ.DE.
Loading charts...
Drawdown Indicators
| DXSL.DE | SPYQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.54% | -41.44% | -17.10% |
Max Drawdown (1Y)Largest decline over 1 year | -13.21% | -13.15% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -20.06% | -18.37% | -1.69% |
Max Drawdown (5Y)Largest decline over 5 years | -31.06% | -29.20% | -1.86% |
Max Drawdown (10Y)Largest decline over 10 years | -41.92% | -41.44% | -0.48% |
Current DrawdownCurrent decline from peak | -3.07% | -2.67% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -10.00% | -6.07% | -3.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 3.58% | +0.17% |
Volatility
DXSL.DE vs. SPYQ.DE - Volatility Comparison
Xtrackers MSCI Europe Industrials ESG Screened UCITS ETF 1C (DXSL.DE) and SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) have volatilities of 6.00% and 6.29%, 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.
Loading charts...
Volatility by Period
| DXSL.DE | SPYQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.00% | 6.29% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 15.78% | 16.51% | -0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.33% | 19.70% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.22% | 18.87% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.64% | 19.60% | +0.04% |
DXSL.DE vs. SPYQ.DE - Expense Ratio Comparison
DXSL.DE has a 0.17% expense ratio, which is lower than SPYQ.DE's 0.18% 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
DXSL.DE vs. SPYQ.DE - Dividend Comparison
Neither DXSL.DE nor SPYQ.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, DXSL.DE and SPYQ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, DXSL.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DXSL.DE is cheaper with a 0.17% expense ratio, compared with 0.18% for SPYQ.DE.
DXSL.DE tracks MSCI Europe Industrials ESG Screened 20-35, while SPYQ.DE tracks MSCI Europe Industrials 20/35 Capped. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.17% for DXSL.DE and 0.18% for SPYQ.DE.
Find the right allocation for DXSL.DE and SPYQ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer