E500.DE vs. XDED.DE
E500.DE (Invesco S&P 500 UCITS ETF (EUR Hdg)) and XDED.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 2D) are both S&P 500 funds - E500.DE tracks the S&P 500 Index while XDED.DE tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past 3 years, E500.DE returned 17.95%/yr vs 13.32%/yr for XDED.DE. A 0.60 correlation means they provide meaningful diversification when combined. E500.DE charges 0.05%/yr vs 0.20%/yr for XDED.DE.
Performance
E500.DE vs. XDED.DE - Performance Comparison
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Returns By Period
In the year-to-date period, E500.DE achieves a 5.87% return, which is significantly lower than XDED.DE's 13.89% return.
E500.DE
- 1D
- -0.30%
- 1M
- -2.24%
- YTD
- 5.87%
- 6M
- 5.69%
- 1Y
- 18.89%
- 3Y*
- 17.95%
- 5Y*
- 10.26%
- 10Y*
- 12.99%
XDED.DE
- 1D
- 0.00%
- 1M
- 4.59%
- YTD
- 13.89%
- 6M
- 14.48%
- 1Y
- 22.65%
- 3Y*
- 13.32%
- 5Y*
- —
- 10Y*
- —
E500.DE vs. XDED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
E500.DE Invesco S&P 500 UCITS ETF (EUR Hdg) | 5.87% | 15.34% | 22.74% | 18.28% |
XDED.DE Xtrackers S&P 500 Equal Weight UCITS ETF 2D | 13.89% | -0.44% | 18.53% | -0.80% |
Correlation
The correlation between E500.DE and XDED.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2023 | 0.60 |
The correlation between E500.DE and XDED.DE shifts across timeframes, from 0.47 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
E500.DE vs. XDED.DE — Risk / Return Rank
E500.DE
XDED.DE
E500.DE vs. XDED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 2D (XDED.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.
| E500.DE | XDED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.34 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 1.36 | +0.67 |
| Martin ratioReturn relative to average drawdown | 8.83 | 2.48 | +6.35 |
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Drawdowns
E500.DE vs. XDED.DE - Drawdown Comparison
The maximum E500.DE drawdown since its inception was -34.19%, which is greater than XDED.DE's maximum drawdown of -22.63%. Use the drawdown chart below to compare losses from any high point for E500.DE and XDED.DE.
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Drawdown Indicators
| E500.DE | XDED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.19% | -22.63% | -11.56% |
Max Drawdown (1Y)Largest decline over 1 year | -9.24% | -16.61% | +7.37% |
Max Drawdown (3Y)Largest decline over 3 years | -18.50% | -22.63% | +4.13% |
Max Drawdown (5Y)Largest decline over 5 years | -25.81% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.19% | — | — |
Current DrawdownCurrent decline from peak | -3.17% | -1.63% | -1.54% |
Average DrawdownAverage peak-to-trough decline | -4.77% | -6.78% | +2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 9.13% | -7.00% |
Volatility
E500.DE vs. XDED.DE - Volatility Comparison
Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) has a higher volatility of 3.13% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 2D (XDED.DE) at 2.22%. This indicates that E500.DE's price experiences larger fluctuations and is considered to be riskier than XDED.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| E500.DE | XDED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.13% | 2.22% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 7.07% | +2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.01% | 24.28% | -12.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 18.22% | -2.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.35% | 18.22% | -1.87% |
E500.DE vs. XDED.DE - Expense Ratio Comparison
E500.DE has a 0.05% expense ratio, which is lower than XDED.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
E500.DE vs. XDED.DE - Dividend Comparison
E500.DE has not paid dividends to shareholders, while XDED.DE's dividend yield for the trailing twelve months is around 1.21%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
E500.DE Invesco S&P 500 UCITS ETF (EUR Hdg) | 0.00% | 0.00% | 0.00% | 0.00% |
XDED.DE Xtrackers S&P 500 Equal Weight UCITS ETF 2D | 1.21% | 1.35% | 1.61% | 0.83% |
Frequently Asked Questions
E500.DE and XDED.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, E500.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
E500.DE is cheaper with a 0.05% expense ratio, compared with 0.20% for XDED.DE.
E500.DE tracks S&P 500 Index, while XDED.DE tracks S&P 500 Equal Weight Index. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.05% for E500.DE and 0.20% for XDED.DE.
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