E61Z.DE vs. XUCD.DE

Last updated Jun 5, 2026

E61Z.DE (Global X E-commerce UCITS ETF USD Accumulating) and XUCD.DE (Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D) are both Consumer Staples Equities funds - E61Z.DE tracks the Solactive E-commerce while XUCD.DE tracks the MSCI USA Consumer Discretionary 20/35 Custom. Both are passively managed. Over the past 3 years, E61Z.DE returned 14.61%/yr vs 14.31%/yr for XUCD.DE. A 0.71 correlation means they provide meaningful diversification when combined. E61Z.DE charges 0.50%/yr vs 0.12%/yr for XUCD.DE.

Performance

E61Z.DE vs. XUCD.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X E-commerce UCITS ETF USD Accumulating (E61Z.DE) and Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XUCD.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, E61Z.DE achieves a -14.62% return, which is significantly lower than XUCD.DE's 0.22% return.

E61Z.DE

• 1D: 1.36%
• 1M: -0.83%
• YTD: -14.62%
• 6M: -14.70%
• 1Y: -10.48%
• 3Y*: 14.61%
• 5Y*: —
• 10Y*: —

XUCD.DE

• 1D: 0.28%
• 1M: -0.63%
• YTD: 0.22%
• 6M: 0.35%
• 1Y: 10.06%
• 3Y*: 14.31%
• 5Y*: 8.69%
• 10Y*: —

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

E61Z.DE vs. XUCD.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
E61Z.DE Global X E-commerce UCITS ETF USD Accumulating	-14.62%	7.18%	37.44%	27.85%	-36.99%	-14.47%
XUCD.DE Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D	0.22%	-5.02%	38.90%	39.32%	-34.77%	-3.06%

Correlation

The correlation between E61Z.DE and XUCD.DE is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021	0.71

The correlation between E61Z.DE and XUCD.DE has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.

Return for Risk

E61Z.DE vs. XUCD.DE — Risk / Return Rank

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

E61Z.DE

E61Z.DE Risk / Return Rank: 5
E61Z.DE Sharpe Ratio Rank: 5
E61Z.DE Sortino Ratio Rank: 5
E61Z.DE Omega Ratio Rank: 5
E61Z.DE Calmar Ratio Rank: 6
E61Z.DE Martin Ratio Rank: 6

XUCD.DE

XUCD.DE Risk / Return Rank: 18
XUCD.DE Sharpe Ratio Rank: 19
XUCD.DE Sortino Ratio Rank: 18
XUCD.DE Omega Ratio Rank: 18
XUCD.DE Calmar Ratio Rank: 18
XUCD.DE Martin Ratio Rank: 19

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.

E61Z.DE vs. XUCD.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X E-commerce UCITS ETF USD Accumulating (E61Z.DE) and Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XUCD.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.

	E61Z.DE	XUCD.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.50	0.57	-1.07
Sortino ratio: Return per unit of downside risk	-0.58	0.89	-1.48
Omega ratio: Gain probability vs. loss probability	0.93	1.11	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.38	0.73	-1.12
Martin ratio: Return relative to average drawdown	-0.76	2.00	-2.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

E61Z.DE vs. XUCD.DE - Sharpe Ratio Comparison

The current E61Z.DE Sharpe Ratio is -0.50, which is lower than the XUCD.DE Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of E61Z.DE and XUCD.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	E61Z.DE	XUCD.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.50	0.57	-1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.67	-0.78

Drawdowns

E61Z.DE vs. XUCD.DE - Drawdown Comparison

The maximum E61Z.DE drawdown since its inception was -49.16%, which is greater than XUCD.DE's maximum drawdown of -38.43%. Use the drawdown chart below to compare losses from any high point for E61Z.DE and XUCD.DE.

Drawdown Indicators

	E61Z.DE	XUCD.DE	Difference
Max Drawdown Largest peak-to-trough decline	-49.16%	-38.43%	-10.73%
Max Drawdown (1Y) Largest decline over 1 year	-25.19%	-13.88%	-11.31%
Max Drawdown (3Y) Largest decline over 3 years	-30.13%	-30.82%	+0.69%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.43%	—
Current Drawdown Current decline from peak	-21.27%	-9.43%	-11.84%
Average Drawdown Average peak-to-trough decline	-25.70%	-10.09%	-15.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.75%	5.09%	+7.66%

Volatility

E61Z.DE vs. XUCD.DE - Volatility Comparison

The current volatility for Global X E-commerce UCITS ETF USD Accumulating (E61Z.DE) is 4.55%, while Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XUCD.DE) has a volatility of 5.29%. This indicates that E61Z.DE experiences smaller price fluctuations and is considered to be less risky than XUCD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	E61Z.DE	XUCD.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.55%	5.29%	-0.74%
Volatility (6M) Calculated over the trailing 6-month period	14.51%	13.18%	+1.33%
Volatility (1Y) Calculated over the trailing 1-year period	19.25%	17.94%	+1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.20%	22.03%	+5.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.20%	21.90%	+5.30%

E61Z.DE vs. XUCD.DE - Expense Ratio Comparison

E61Z.DE has a 0.50% expense ratio, which is higher than XUCD.DE's 0.12% expense ratio.

Dividends

E61Z.DE vs. XUCD.DE - Dividend Comparison

E61Z.DE has not paid dividends to shareholders, while XUCD.DE's dividend yield for the trailing twelve months is around 0.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
E61Z.DE Global X E-commerce UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XUCD.DE Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D	0.45%	0.46%	0.40%	0.90%	0.91%	0.35%	0.59%	0.81%	0.58%

Frequently Asked Questions

Can I hold both E61Z.DE and XUCD.DE in my portfolio?

E61Z.DE and XUCD.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, E61Z.DE or XUCD.DE?

On fees, XUCD.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, E61Z.DE or XUCD.DE?

XUCD.DE is cheaper with a 0.12% expense ratio, compared with 0.50% for E61Z.DE.

What is the main difference between E61Z.DE and XUCD.DE?

E61Z.DE tracks Solactive E-commerce, while XUCD.DE tracks MSCI USA Consumer Discretionary 20/35 Custom. They also come from different issuers: Global X and Xtrackers. Their fees differ too: 0.50% for E61Z.DE and 0.12% for XUCD.DE.