EXSA.DE vs. XESD.DE
EXSA.DE (iShares STOXX Europe 600 UCITS ETF (DE)) and XESD.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds - EXSA.DE tracks the STOXX® Europe 600 while XESD.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 10 years, EXSA.DE returned 10.56%/yr vs 14.01%/yr for XESD.DE. Their correlation of 0.81 suggests significant overlap in exposure. EXSA.DE charges 0.20%/yr vs 0.30%/yr for XESD.DE.
Performance
EXSA.DE vs. XESD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXSA.DE achieves a 10.34% return, which is significantly lower than XESD.DE's 14.69% return. Over the past 10 years, EXSA.DE has underperformed XESD.DE with an annualized return of 10.56%, while XESD.DE has yielded a comparatively higher 14.01% annualized return.
EXSA.DE
- 1D
- 0.77%
- 1M
- 2.12%
- YTD
- 10.34%
- 6M
- 11.08%
- 1Y
- 22.39%
- 3Y*
- 15.45%
- 5Y*
- 9.94%
- 10Y*
- 10.56%
XESD.DE
- 1D
- 0.62%
- 1M
- 6.78%
- YTD
- 14.69%
- 6M
- 15.76%
- 1Y
- 47.75%
- 3Y*
- 32.29%
- 5Y*
- 20.35%
- 10Y*
- 14.01%
EXSA.DE vs. XESD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXSA.DE iShares STOXX Europe 600 UCITS ETF (DE) | 10.34% | 20.48% | 8.50% | 15.48% | -10.35% | 24.57% | -1.78% | 28.40% | -11.06% | 10.67% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 14.69% | 58.72% | 14.57% | 26.76% | -1.63% | 10.91% | -10.10% | 15.69% | -12.39% | 12.92% |
Correlation
The correlation between EXSA.DE and XESD.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2013 | 0.81 |
The correlation between EXSA.DE and XESD.DE has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
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Return for Risk
EXSA.DE vs. XESD.DE — Risk / Return Rank
EXSA.DE
XESD.DE
EXSA.DE vs. XESD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 UCITS ETF (DE) (EXSA.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.
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.
| EXSA.DE | XESD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.50 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 4.62 | -2.31 |
| Martin ratioReturn relative to average drawdown | 8.89 | 16.31 | -7.42 |
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Drawdowns
EXSA.DE vs. XESD.DE - Drawdown Comparison
The maximum EXSA.DE drawdown since its inception was -58.34%, which is greater than XESD.DE's maximum drawdown of -38.76%. Use the drawdown chart below to compare losses from any high point for EXSA.DE and XESD.DE.
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Drawdown Indicators
| EXSA.DE | XESD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.34% | -38.76% | -19.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.64% | -10.28% | +0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -16.33% | -12.49% | -3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -20.69% | -18.55% | -2.14% |
Max Drawdown (10Y)Largest decline over 10 years | -35.69% | -38.76% | +3.07% |
Current DrawdownCurrent decline from peak | 0.00% | -0.18% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -11.46% | -8.46% | -3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 2.92% | -0.41% |
Volatility
EXSA.DE vs. XESD.DE - Volatility Comparison
The current volatility for iShares STOXX Europe 600 UCITS ETF (DE) (EXSA.DE) is 2.89%, while Xtrackers Spanish Equity UCITS ETF (XESD.DE) has a volatility of 4.05%. This indicates that EXSA.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.
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Volatility by Period
| EXSA.DE | XESD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.89% | 4.05% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 10.84% | 14.41% | -3.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.00% | 17.06% | -4.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.43% | 16.77% | -2.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.48% | 18.49% | -3.01% |
EXSA.DE vs. XESD.DE - Expense Ratio Comparison
EXSA.DE has a 0.20% expense ratio, which is lower than XESD.DE's 0.30% expense ratio.
Dividends
EXSA.DE vs. XESD.DE - Dividend Comparison
EXSA.DE's dividend yield for the trailing twelve months is around 2.48%, more than XESD.DE's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXSA.DE iShares STOXX Europe 600 UCITS ETF (DE) | 2.48% | 2.54% | 2.79% | 2.68% | 2.76% | 2.22% | 1.85% | 2.87% | 2.94% | 4.42% | 3.42% | 2.97% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 2.34% | 2.43% | 3.14% | 2.56% | 3.98% | 1.51% | 4.30% | 3.35% | 4.48% | 2.51% | 1.14% | 0.42% |
Frequently Asked Questions
EXSA.DE and XESD.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXSA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXSA.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for XESD.DE.
EXSA.DE tracks STOXX® Europe 600, while XESD.DE tracks Solactive Spain 40. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.20% for EXSA.DE and 0.30% for XESD.DE.
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