EXS2.DE vs. EXXX.DE
EXS2.DE (iShares TecDAX UCITS ETF (DE)) and EXXX.DE (iShares ATX UCITS ETF (DE)) are both Europe Equities funds from iShares - EXS2.DE tracks the TecDAX® while EXXX.DE tracks the ATX Index. Both are passively managed. Over the past 10 years, EXS2.DE returned 8.08%/yr vs 14.21%/yr for EXXX.DE. A 0.62 correlation means they provide meaningful diversification when combined. EXS2.DE charges 0.51%/yr vs 0.32%/yr for EXXX.DE.
Performance
EXS2.DE vs. EXXX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXS2.DE achieves a 3.65% return, which is significantly lower than EXXX.DE's 22.53% return. Over the past 10 years, EXS2.DE has underperformed EXXX.DE with an annualized return of 8.08%, while EXXX.DE has yielded a comparatively higher 14.21% annualized return.
EXS2.DE
- 1D
- -0.27%
- 1M
- -4.57%
- 6M
- 0.12%
- YTD
- 3.65%
- 1Y
- -5.39%
- 3Y*
- 4.93%
- 5Y*
- 0.19%
- 10Y*
- 8.08%
EXXX.DE
- 1D
- -1.55%
- 1M
- -2.82%
- 6M
- 19.05%
- YTD
- 22.53%
- 1Y
- 45.03%
- 3Y*
- 30.20%
- 5Y*
- 17.45%
- 10Y*
- 14.21%
EXS2.DE vs. EXXX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 3.65% | 5.33% | 1.65% | 13.57% | -26.01% | 21.05% | 6.14% | 22.25% | -3.77% | 39.92% |
EXXX.DE iShares ATX UCITS ETF (DE) | 22.53% | 51.31% | 10.39% | 13.71% | -16.43% | 42.16% | -11.27% | 19.95% | -18.96% | 32.71% |
Correlation
The correlation between EXS2.DE and EXXX.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2006 | 0.62 |
The correlation between EXS2.DE and EXXX.DE shifts across timeframes, from 0.49 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EXS2.DE vs. EXXX.DE — Risk / Return Rank
EXS2.DE
EXXX.DE
EXS2.DE vs. EXXX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares TecDAX UCITS ETF (DE) (EXS2.DE) and iShares ATX UCITS ETF (DE) (EXXX.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.
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.
| EXS2.DE | EXXX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.85 | ||
| Sortino ratioReturn per unit of downside risk | -3.92 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.43 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 4.19 | -4.53 |
| Martin ratioReturn relative to average drawdown | -0.68 | 14.04 | -14.72 |
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Drawdowns
EXS2.DE vs. EXXX.DE - Drawdown Comparison
The maximum EXS2.DE drawdown since its inception was -61.61%, smaller than the maximum EXXX.DE drawdown of -71.43%. Use the drawdown chart below to compare losses from any high point for EXS2.DE and EXXX.DE.
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Drawdown Indicators
| EXS2.DE | EXXX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.61% | -71.43% | +9.82% |
Max Drawdown (1Y)Largest decline over 1 year | -15.38% | -10.71% | -4.67% |
Max Drawdown (3Y)Largest decline over 3 years | -17.91% | -16.11% | -1.80% |
Max Drawdown (5Y)Largest decline over 5 years | -34.97% | -32.69% | -2.28% |
Max Drawdown (10Y)Largest decline over 10 years | -34.97% | -52.90% | +17.93% |
Current DrawdownCurrent decline from peak | -11.13% | -3.48% | -7.65% |
Average DrawdownAverage peak-to-trough decline | -14.21% | -28.47% | +14.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.63% | 3.20% | +4.43% |
Volatility
EXS2.DE vs. EXXX.DE - Volatility Comparison
iShares TecDAX UCITS ETF (DE) (EXS2.DE) and iShares ATX UCITS ETF (DE) (EXXX.DE) have volatilities of 4.72% and 4.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXS2.DE | EXXX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.72% | 4.88% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 14.93% | 14.74% | +0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.33% | 17.54% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 19.15% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.33% | 19.93% | -0.60% |
EXS2.DE vs. EXXX.DE - Expense Ratio Comparison
EXS2.DE has a 0.51% expense ratio, which is higher than EXXX.DE's 0.32% expense ratio.
Dividends
EXS2.DE vs. EXXX.DE - Dividend Comparison
EXS2.DE has not paid dividends to shareholders, while EXXX.DE's dividend yield for the trailing twelve months is around 3.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.15% | 0.25% | 0.36% |
EXXX.DE iShares ATX UCITS ETF (DE) | 3.01% | 2.53% | 4.30% | 3.53% | 3.61% | 1.04% | 1.18% | 1.73% | 0.48% | 0.65% | 1.08% | 1.65% |
Frequently Asked Questions
EXS2.DE and EXXX.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXXX.DE is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXXX.DE is cheaper with a 0.32% expense ratio, compared with 0.51% for EXS2.DE.
EXS2.DE tracks TecDAX®, while EXXX.DE tracks ATX Index. Their fees differ too: 0.51% for EXS2.DE and 0.32% for EXXX.DE.
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