EUPE.DE vs. XESD.DE

Last updated Jun 5, 2026

EUPE.DE (Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)) and XESD.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds - EUPE.DE tracks the Shiller Barclays CAPE® Europe Sector Value while XESD.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 5 years, EUPE.DE returned 8.60%/yr vs 18.89%/yr for XESD.DE. A 0.72 correlation means they provide meaningful diversification when combined. EUPE.DE charges 0.65%/yr vs 0.30%/yr for XESD.DE.

Performance

EUPE.DE vs. XESD.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.DE) and Xtrackers Spanish Equity UCITS ETF (XESD.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUPE.DE achieves a 15.44% return, which is significantly higher than XESD.DE's 7.26% return.

EUPE.DE

• 1D: 0.35%
• 1M: 0.49%
• YTD: 15.44%
• 6M: 15.81%
• 1Y: 24.47%
• 3Y*: 11.71%
• 5Y*: 8.60%
• 10Y*: 8.97%

XESD.DE

• 1D: 0.58%
• 1M: 1.30%
• YTD: 7.26%
• 6M: 11.75%
• 1Y: 34.69%
• 3Y*: 29.40%
• 5Y*: 18.89%
• 10Y*: —

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

EUPE.DE vs. XESD.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUPE.DE Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)	15.44%	12.45%	2.14%	12.84%	-6.14%	25.64%	2.80%	24.48%	-7.47%	1.19%
XESD.DE Xtrackers Spanish Equity UCITS ETF	7.26%	58.73%	14.57%	26.73%	-1.59%	10.90%	-10.12%	15.71%	-12.40%	-1.58%

Correlation

The correlation between EUPE.DE and XESD.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Jul 10, 2017	0.72

Over the past year, the correlation between EUPE.DE and XESD.DE has dropped to 0.45 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

Return for Risk

EUPE.DE vs. XESD.DE — Risk / Return Rank

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

EUPE.DE

EUPE.DE Risk / Return Rank: 69
EUPE.DE Sharpe Ratio Rank: 66
EUPE.DE Sortino Ratio Rank: 68
EUPE.DE Omega Ratio Rank: 63
EUPE.DE Calmar Ratio Rank: 81
EUPE.DE Martin Ratio Rank: 64

XESD.DE

XESD.DE Risk / Return Rank: 65
XESD.DE Sharpe Ratio Rank: 64
XESD.DE Sortino Ratio Rank: 62
XESD.DE Omega Ratio Rank: 63
XESD.DE Calmar Ratio Rank: 70
XESD.DE Martin Ratio Rank: 66

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.

EUPE.DE vs. XESD.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.DE) and Xtrackers Spanish Equity UCITS ETF (XESD.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.

	EUPE.DE	XESD.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.10	+0.07
Sortino ratio: Return per unit of downside risk	3.09	2.86	+0.23
Omega ratio: Gain probability vs. loss probability	1.37	1.37	0.00
Calmar ratio: Return relative to maximum drawdown	4.19	3.46	+0.73
Martin ratio: Return relative to average drawdown	11.50	12.05	-0.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUPE.DE vs. XESD.DE - Sharpe Ratio Comparison

The current EUPE.DE Sharpe Ratio is 2.17, which is comparable to the XESD.DE Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of EUPE.DE and XESD.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

	EUPE.DE	XESD.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	2.10	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	1.12	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.55	-0.09

Drawdowns

EUPE.DE vs. XESD.DE - Drawdown Comparison

The maximum EUPE.DE drawdown since its inception was -32.64%, smaller than the maximum XESD.DE drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for EUPE.DE and XESD.DE.

Drawdown Indicators

	EUPE.DE	XESD.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.64%	-38.77%	+6.13%
Max Drawdown (1Y) Largest decline over 1 year	-5.82%	-10.27%	+4.45%
Max Drawdown (3Y) Largest decline over 3 years	-15.63%	-12.49%	-3.14%
Max Drawdown (5Y) Largest decline over 5 years	-15.63%	-18.59%	+2.96%
Max Drawdown (10Y) Largest decline over 10 years	-32.64%	—	—
Current Drawdown Current decline from peak	-3.04%	-0.56%	-2.48%
Average Drawdown Average peak-to-trough decline	-4.95%	-7.38%	+2.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.96%	-0.83%

Volatility

EUPE.DE vs. XESD.DE - Volatility Comparison

The current volatility for Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.DE) is 3.64%, while Xtrackers Spanish Equity UCITS ETF (XESD.DE) has a volatility of 4.46%. This indicates that EUPE.DE experiences smaller price fluctuations and is considered to be less risky than XESD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUPE.DE	XESD.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	4.46%	-0.82%
Volatility (6M) Calculated over the trailing 6-month period	8.56%	14.06%	-5.50%
Volatility (1Y) Calculated over the trailing 1-year period	11.27%	16.93%	-5.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.17%	16.73%	-3.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.99%	18.81%	-3.82%

EUPE.DE vs. XESD.DE - Expense Ratio Comparison

EUPE.DE has a 0.65% expense ratio, which is higher than XESD.DE's 0.30% expense ratio.

Dividends

EUPE.DE vs. XESD.DE - Dividend Comparison

EUPE.DE has not paid dividends to shareholders, while XESD.DE's dividend yield for the trailing twelve months is around 2.50%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EUPE.DE Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XESD.DE Xtrackers Spanish Equity UCITS ETF	2.50%	2.43%	3.14%	2.57%	3.98%	1.51%	4.30%	3.35%	4.48%

Frequently Asked Questions

Can I hold both EUPE.DE and XESD.DE in my portfolio?

EUPE.DE and XESD.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EUPE.DE or XESD.DE?

On fees, XESD.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUPE.DE or XESD.DE?

XESD.DE is cheaper with a 0.30% expense ratio, compared with 0.65% for EUPE.DE.

What is the main difference between EUPE.DE and XESD.DE?

EUPE.DE tracks Shiller Barclays CAPE® Europe Sector Value, while XESD.DE tracks Solactive Spain 40. They also come from different issuers: Natixis and Xtrackers. Their fees differ too: 0.65% for EUPE.DE and 0.30% for XESD.DE.