ESTX.AX vs. CORE.AX
ESTX.AX (Global X EURO STOXX 50 ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. ESTX.AX is passively managed, while CORE.AX is actively managed. Over the past year, ESTX.AX returned 8.95% vs 15.14% for CORE.AX. At a 0.48 correlation, their price movements are largely independent. ESTX.AX charges 0.35%/yr vs 0.25%/yr for CORE.AX.
Performance
ESTX.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, ESTX.AX achieves a 3.22% return, which is significantly lower than CORE.AX's 4.95% return.
ESTX.AX
- 1D
- 0.34%
- 1M
- 0.52%
- 6M
- -0.32%
- YTD
- 3.22%
- 1Y
- 8.95%
- 3Y*
- 14.83%
- 5Y*
- 12.14%
- 10Y*
- —
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESTX.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESTX.AX Global X EURO STOXX 50 ETF | 3.22% | 7.36% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between ESTX.AX and CORE.AX 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 (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.48 |
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Return for Risk
ESTX.AX vs. CORE.AX — Risk / Return Rank
ESTX.AX
CORE.AX
ESTX.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X EURO STOXX 50 ETF (ESTX.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESTX.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.28 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 1.68 | -0.98 |
| Martin ratioReturn relative to average drawdown | 2.05 | 4.54 | -2.49 |
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Drawdowns
ESTX.AX vs. CORE.AX - Drawdown Comparison
The maximum ESTX.AX drawdown since its inception was -29.33%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for ESTX.AX and CORE.AX.
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Drawdown Indicators
| ESTX.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.33% | -10.20% | -19.13% |
Max Drawdown (1Y)Largest decline over 1 year | -14.48% | -10.20% | -4.28% |
Max Drawdown (3Y)Largest decline over 3 years | -14.48% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.60% | — | — |
Current DrawdownCurrent decline from peak | -2.65% | -1.34% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -5.29% | -2.60% | -2.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | — | — |
Volatility
ESTX.AX vs. CORE.AX - Volatility Comparison
Global X EURO STOXX 50 ETF (ESTX.AX) has a higher volatility of 3.11% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that ESTX.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESTX.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 2.12% | +0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 13.59% | 7.39% | +6.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.76% | 12.44% | +3.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.35% | 12.50% | +3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.23% | 12.50% | +3.73% |
ESTX.AX vs. CORE.AX - Expense Ratio Comparison
ESTX.AX has a 0.35% expense ratio, which is higher than CORE.AX's 0.25% expense ratio.
Dividends
ESTX.AX vs. CORE.AX - Dividend Comparison
ESTX.AX's dividend yield for the trailing twelve months is around 7.25%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ESTX.AX Global X EURO STOXX 50 ETF | 7.25% | 1.79% | 4.19% | 3.67% | 3.90% | 1.60% | 2.15% | 2.79% | 4.16% | 1.15% | 0.15% |
Frequently Asked Questions
ESTX.AX and CORE.AX 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.
On fees, CORE.AX is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CORE.AX is cheaper with a 0.25% expense ratio, compared with 0.35% for ESTX.AX.
They also come from different issuers: Global X and Schroder. Their fees differ too: 0.35% for ESTX.AX and 0.25% for CORE.AX.
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