E500.DE vs. XZSP.DE
E500.DE (Invesco S&P 500 UCITS ETF (EUR Hdg)) and XZSP.DE (Xtrackers S&P 500 ESG UCITS ETF 1C) are both S&P 500 funds - E500.DE tracks the S&P 500 Index while XZSP.DE tracks the S&P 500 ESG. Both are passively managed. Over the past 3 years, E500.DE returned 19.53%/yr vs 18.55%/yr for XZSP.DE. Their correlation of 0.81 suggests significant overlap in exposure. E500.DE charges 0.05%/yr vs 0.08%/yr for XZSP.DE.
Performance
E500.DE vs. XZSP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, E500.DE achieves a 8.91% return, which is significantly lower than XZSP.DE's 11.17% return.
E500.DE
- 1D
- 0.01%
- 1M
- 3.11%
- YTD
- 8.91%
- 6M
- 9.39%
- 1Y
- 24.19%
- 3Y*
- 19.53%
- 5Y*
- 11.18%
- 10Y*
- 12.71%
XZSP.DE
- 1D
- 0.61%
- 1M
- 4.14%
- YTD
- 11.17%
- 6M
- 11.15%
- 1Y
- 28.53%
- 3Y*
- 18.55%
- 5Y*
- —
- 10Y*
- —
E500.DE vs. XZSP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
E500.DE Invesco S&P 500 UCITS ETF (EUR Hdg) | 8.91% | 15.32% | 22.74% | 23.33% | -3.16% |
XZSP.DE Xtrackers S&P 500 ESG UCITS ETF 1C | 11.17% | 5.34% | 31.24% | 23.89% | -4.47% |
Correlation
The correlation between E500.DE and XZSP.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | 0.81 |
The correlation between E500.DE and XZSP.DE has been stable across timeframes, ranging from 0.79 to 0.81 - a consistent structural relationship.
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Return for Risk
E500.DE vs. XZSP.DE — Risk / Return Rank
E500.DE
XZSP.DE
E500.DE vs. XZSP.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 ESG UCITS ETF 1C (XZSP.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.
| E500.DE | XZSP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.46 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | 4.07 | -1.26 |
| Martin ratioReturn relative to average drawdown | 11.96 | 15.72 | -3.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| E500.DE | XZSP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.47 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 1.31 | -0.58 |
Drawdowns
E500.DE vs. XZSP.DE - Drawdown Comparison
The maximum E500.DE drawdown since its inception was -34.20%, which is greater than XZSP.DE's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for E500.DE and XZSP.DE.
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Drawdown Indicators
| E500.DE | XZSP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.20% | -23.40% | -10.80% |
Max Drawdown (1Y)Largest decline over 1 year | -8.73% | -7.02% | -1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -18.50% | -23.40% | +4.90% |
Max Drawdown (5Y)Largest decline over 5 years | -25.83% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.20% | — | — |
Current DrawdownCurrent decline from peak | -0.59% | 0.00% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -3.09% | -1.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 1.82% | +0.23% |
Volatility
E500.DE vs. XZSP.DE - Volatility Comparison
Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) has a higher volatility of 3.11% compared to Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.DE) at 2.79%. This indicates that E500.DE's price experiences larger fluctuations and is considered to be riskier than XZSP.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 | XZSP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 2.79% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 8.64% | 7.55% | +1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.77% | 11.55% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.99% | 14.26% | +1.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.61% | 14.26% | +2.35% |
E500.DE vs. XZSP.DE - Expense Ratio Comparison
E500.DE has a 0.05% expense ratio, which is lower than XZSP.DE's 0.08% 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. XZSP.DE - Dividend Comparison
Neither E500.DE nor XZSP.DE has paid dividends to shareholders.
Frequently Asked Questions
E500.DE and XZSP.DE have a correlation of 0.79, 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 0.08% for XZSP.DE.
E500.DE tracks S&P 500 Index, while XZSP.DE tracks S&P 500 ESG. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.05% for E500.DE and 0.08% for XZSP.DE.
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