ESGP.DE vs. XCS4.DE

Last updated Jun 5, 2026

ESGP.DE (HANetf AuAg ESG Gold Mining UCITS ETF) and XCS4.DE (Xtrackers MSCI Thailand UCITS ETF 1C) are both Asia Pacific Equities funds - ESGP.DE tracks the MSCI Pacific Ex Japan NR USD while XCS4.DE tracks the MSCI Thailand. Both are passively managed. Over the past 3 years, ESGP.DE returned 9.26%/yr vs 7.20%/yr for XCS4.DE. At a 0.44 correlation, their price movements are largely independent. ESGP.DE charges 0.60%/yr vs 0.50%/yr for XCS4.DE.

Performance

ESGP.DE vs. XCS4.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.DE) and Xtrackers MSCI Thailand UCITS ETF 1C (XCS4.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESGP.DE achieves a 6.87% return, which is significantly lower than XCS4.DE's 29.46% return.

ESGP.DE

• 1D: -0.72%
• 1M: -0.42%
• YTD: 6.87%
• 6M: 8.16%
• 1Y: 11.61%
• 3Y*: 9.26%
• 5Y*: —
• 10Y*: —

XCS4.DE

• 1D: 0.72%
• 1M: 6.51%
• YTD: 29.46%
• 6M: 30.18%
• 1Y: 51.19%
• 3Y*: 7.20%
• 5Y*: 5.01%
• 10Y*: 4.54%

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

ESGP.DE vs. XCS4.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ESGP.DE HANetf AuAg ESG Gold Mining UCITS ETF	6.87%	5.79%	12.94%	2.10%	-2.36%	2.35%
XCS4.DE Xtrackers MSCI Thailand UCITS ETF 1C	29.46%	-3.83%	7.49%	-15.52%	11.15%	2.30%

Correlation

The correlation between ESGP.DE and XCS4.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021	0.44

Return for Risk

ESGP.DE vs. XCS4.DE — Risk / Return Rank

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

ESGP.DE

ESGP.DE Risk / Return Rank: 32
ESGP.DE Sharpe Ratio Rank: 29
ESGP.DE Sortino Ratio Rank: 29
ESGP.DE Omega Ratio Rank: 27
ESGP.DE Calmar Ratio Rank: 38
ESGP.DE Martin Ratio Rank: 35

XCS4.DE

XCS4.DE Risk / Return Rank: 75
XCS4.DE Sharpe Ratio Rank: 74
XCS4.DE Sortino Ratio Rank: 71
XCS4.DE Omega Ratio Rank: 67
XCS4.DE Calmar Ratio Rank: 87
XCS4.DE Martin Ratio Rank: 77

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.

ESGP.DE vs. XCS4.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.DE) and Xtrackers MSCI Thailand UCITS ETF 1C (XCS4.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.

	ESGP.DE	XCS4.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.02	2.35	-1.33
Sortino ratio: Return per unit of downside risk	1.56	3.19	-1.63
Omega ratio: Gain probability vs. loss probability	1.18	1.40	-0.22
Calmar ratio: Return relative to maximum drawdown	1.83	4.91	-3.08
Martin ratio: Return relative to average drawdown	5.36	14.58	-9.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGP.DE vs. XCS4.DE - Sharpe Ratio Comparison

The current ESGP.DE Sharpe Ratio is 1.02, which is lower than the XCS4.DE Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of ESGP.DE and XCS4.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

	ESGP.DE	XCS4.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	2.35	-1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.23	+0.15

Drawdowns

ESGP.DE vs. XCS4.DE - Drawdown Comparison

The maximum ESGP.DE drawdown since its inception was -20.50%, smaller than the maximum XCS4.DE drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for ESGP.DE and XCS4.DE.

Drawdown Indicators

	ESGP.DE	XCS4.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.50%	-45.06%	+24.56%
Max Drawdown (1Y) Largest decline over 1 year	-6.31%	-10.38%	+4.07%
Max Drawdown (3Y) Largest decline over 3 years	-20.50%	-29.85%	+9.35%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.06%	—
Current Drawdown Current decline from peak	-2.57%	-0.16%	-2.41%
Average Drawdown Average peak-to-trough decline	-5.31%	-15.35%	+10.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	3.50%	-1.34%

Volatility

ESGP.DE vs. XCS4.DE - Volatility Comparison

The current volatility for HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.DE) is 3.24%, while Xtrackers MSCI Thailand UCITS ETF 1C (XCS4.DE) has a volatility of 5.83%. This indicates that ESGP.DE experiences smaller price fluctuations and is considered to be less risky than XCS4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGP.DE	XCS4.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	5.83%	-2.59%
Volatility (6M) Calculated over the trailing 6-month period	8.68%	16.61%	-7.93%
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	21.68%	-10.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.54%	17.74%	-3.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.54%	19.70%	-5.16%

ESGP.DE vs. XCS4.DE - Expense Ratio Comparison

ESGP.DE has a 0.60% expense ratio, which is higher than XCS4.DE's 0.50% expense ratio.

Dividends

ESGP.DE vs. XCS4.DE - Dividend Comparison

Neither ESGP.DE nor XCS4.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ESGP.DE and XCS4.DE in my portfolio?

ESGP.DE and XCS4.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESGP.DE or XCS4.DE?

On fees, XCS4.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESGP.DE or XCS4.DE?

XCS4.DE is cheaper with a 0.50% expense ratio, compared with 0.60% for ESGP.DE.

What is the main difference between ESGP.DE and XCS4.DE?

ESGP.DE tracks MSCI Pacific Ex Japan NR USD, while XCS4.DE tracks MSCI Thailand. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.60% for ESGP.DE and 0.50% for XCS4.DE.