ES50.DE vs. FTGE.DE
ES50.DE (iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc)) and FTGE.DE (First Trust Eurozone AlphaDEX UCITS ETF Acc) are both Europe Equities funds - ES50.DE tracks the EURO STOXX 50 ESG Index while FTGE.DE tracks the Nasdaq AlphaDEX® Eurozone. Both are passively managed. Over the past year, ES50.DE returned 18.74% vs 29.62% for FTGE.DE. Their correlation of 0.82 suggests significant overlap in exposure. ES50.DE charges 0.10%/yr vs 0.65%/yr for FTGE.DE.
Performance
ES50.DE vs. FTGE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ES50.DE achieves a 8.46% return, which is significantly lower than FTGE.DE's 13.73% return.
ES50.DE
- 1D
- 0.43%
- 1M
- 2.34%
- YTD
- 8.46%
- 6M
- 9.98%
- 1Y
- 18.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTGE.DE
- 1D
- 0.51%
- 1M
- 0.87%
- YTD
- 13.73%
- 6M
- 16.65%
- 1Y
- 29.62%
- 3Y*
- 22.56%
- 5Y*
- 11.59%
- 10Y*
- —
ES50.DE vs. FTGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ES50.DE iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc) | 8.46% | 25.72% | 13.20% | 6.66% |
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 13.73% | 39.79% | 9.52% | 0.54% |
Correlation
The correlation between ES50.DE and FTGE.DE is 0.85, 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 | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2023 | 0.82 |
The correlation between ES50.DE and FTGE.DE has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.
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Return for Risk
ES50.DE vs. FTGE.DE — Risk / Return Rank
ES50.DE
FTGE.DE
ES50.DE vs. FTGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc) (ES50.DE) and First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.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.
| ES50.DE | FTGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.40 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | 3.27 | -1.65 |
| Martin ratioReturn relative to average drawdown | 5.62 | 12.30 | -6.68 |
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
| ES50.DE | FTGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 2.16 | -1.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.20 | 0.88 | +0.32 |
Drawdowns
ES50.DE vs. FTGE.DE - Drawdown Comparison
The maximum ES50.DE drawdown since its inception was -15.53%, smaller than the maximum FTGE.DE drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for ES50.DE and FTGE.DE.
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Drawdown Indicators
| ES50.DE | FTGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.53% | -26.63% | +11.10% |
Max Drawdown (1Y)Largest decline over 1 year | -11.70% | -9.38% | -2.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.63% | — |
Current DrawdownCurrent decline from peak | -0.44% | 0.00% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -2.38% | -5.40% | +3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 2.50% | +0.88% |
Volatility
ES50.DE vs. FTGE.DE - Volatility Comparison
iShares EURO STOXX 50 ESG UCITS ETF EUR (Acc) (ES50.DE) has a higher volatility of 5.08% compared to First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) at 3.83%. This indicates that ES50.DE's price experiences larger fluctuations and is considered to be riskier than FTGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ES50.DE | FTGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 3.83% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 13.75% | 11.63% | +2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.97% | 14.23% | +2.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.76% | 17.58% | -1.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.76% | 18.41% | -2.65% |
ES50.DE vs. FTGE.DE - Expense Ratio Comparison
ES50.DE has a 0.10% expense ratio, which is lower than FTGE.DE's 0.65% expense ratio.
Dividends
ES50.DE vs. FTGE.DE - Dividend Comparison
Neither ES50.DE nor FTGE.DE has paid dividends to shareholders.
Frequently Asked Questions
ES50.DE and FTGE.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ES50.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ES50.DE is cheaper with a 0.10% expense ratio, compared with 0.65% for FTGE.DE.
ES50.DE tracks EURO STOXX 50 ESG Index, while FTGE.DE tracks Nasdaq AlphaDEX® Eurozone. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.10% for ES50.DE and 0.65% for FTGE.DE.
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