ESIT.DE vs. XNNV.DE
ESIT.DE (iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc)) and XNNV.DE (Xtrackers MSCI Innovation UCITS ETF 1C) are both Technology Equities funds - ESIT.DE tracks the MSCI World/Information Tech NR USD while XNNV.DE tracks the MSCI ACWI IMI Innovation Select ESG Screened 200. Both are passively managed. Over the past 3 years, ESIT.DE returned 24.73%/yr vs 13.35%/yr for XNNV.DE. A 0.71 correlation means they provide meaningful diversification when combined. ESIT.DE charges 0.18%/yr vs 0.30%/yr for XNNV.DE.
Performance
ESIT.DE vs. XNNV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ESIT.DE achieves a 52.07% return, which is significantly higher than XNNV.DE's 5.08% return.
ESIT.DE
- 1D
- 0.17%
- 1M
- 20.56%
- YTD
- 52.07%
- 6M
- 49.22%
- 1Y
- 61.87%
- 3Y*
- 24.73%
- 5Y*
- 15.04%
- 10Y*
- —
XNNV.DE
- 1D
- 1.03%
- 1M
- 6.57%
- YTD
- 5.08%
- 6M
- 3.95%
- 1Y
- 15.22%
- 3Y*
- 13.35%
- 5Y*
- —
- 10Y*
- —
ESIT.DE vs. XNNV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ESIT.DE iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) | 52.07% | 10.07% | 7.34% | 35.09% | -0.25% |
XNNV.DE Xtrackers MSCI Innovation UCITS ETF 1C | 5.08% | 2.05% | 29.19% | 29.66% | -13.17% |
Correlation
The correlation between ESIT.DE and XNNV.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2022 | 0.71 |
The correlation between ESIT.DE and XNNV.DE has been stable across timeframes, ranging from 0.68 to 0.71 - a consistent structural relationship.
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Return for Risk
ESIT.DE vs. XNNV.DE — Risk / Return Rank
ESIT.DE
XNNV.DE
ESIT.DE vs. XNNV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) and Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.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.
| ESIT.DE | XNNV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.18 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | 1.01 | +3.71 |
| Martin ratioReturn relative to average drawdown | 12.60 | 2.80 | +9.80 |
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
| ESIT.DE | XNNV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.38 | 1.03 | +1.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.67 | +0.05 |
Drawdowns
ESIT.DE vs. XNNV.DE - Drawdown Comparison
The maximum ESIT.DE drawdown since its inception was -38.33%, which is greater than XNNV.DE's maximum drawdown of -25.90%. Use the drawdown chart below to compare losses from any high point for ESIT.DE and XNNV.DE.
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Drawdown Indicators
| ESIT.DE | XNNV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.33% | -25.90% | -12.43% |
Max Drawdown (1Y)Largest decline over 1 year | -13.03% | -15.02% | +1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -27.10% | -25.90% | -1.20% |
Max Drawdown (5Y)Largest decline over 5 years | -38.33% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -0.91% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -12.02% | -6.64% | -5.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 5.41% | -0.51% |
Volatility
ESIT.DE vs. XNNV.DE - Volatility Comparison
iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) has a higher volatility of 10.57% compared to Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) at 3.84%. This indicates that ESIT.DE's price experiences larger fluctuations and is considered to be riskier than XNNV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESIT.DE | XNNV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.57% | 3.84% | +6.73% |
Volatility (6M)Calculated over the trailing 6-month period | 21.01% | 10.61% | +10.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.89% | 14.72% | +11.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.75% | 18.07% | +7.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.30% | 18.07% | +7.23% |
ESIT.DE vs. XNNV.DE - Expense Ratio Comparison
ESIT.DE has a 0.18% expense ratio, which is lower than XNNV.DE's 0.30% expense ratio.
Dividends
ESIT.DE vs. XNNV.DE - Dividend Comparison
Neither ESIT.DE nor XNNV.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIT.DE and XNNV.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIT.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIT.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for XNNV.DE.
ESIT.DE tracks MSCI World/Information Tech NR USD, while XNNV.DE tracks MSCI ACWI IMI Innovation Select ESG Screened 200. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.18% for ESIT.DE and 0.30% for XNNV.DE.
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