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EXSB.DE vs. XESP.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EXSB.DE vs. XESP.DE

Last updated Apr 15, 2026

EXSB.DE (iShares DivDAX UCITS ETF (DE)) and XESP.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds — EXSB.DE tracks the DivDAX® while XESP.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 5 years, EXSB.DE returned 6.99%/yr vs 20.37%/yr for XESP.DE. A 0.74 correlation means they provide meaningful diversification when combined. EXSB.DE charges 0.31%/yr vs 0.30%/yr for XESP.DE.

Performance

EXSB.DE vs. XESP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares DivDAX UCITS ETF (DE) (EXSB.DE) and Xtrackers Spanish Equity UCITS ETF (XESP.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EXSB.DE achieves a 4.68% return, which is significantly lower than XESP.DE's 6.67% return.

EXSB.DE

1D
0.42%
1M
3.34%
YTD
4.68%
6M
13.25%
1Y
23.02%
3Y*
10.51%
5Y*
6.99%
10Y*
8.28%

XESP.DE

1D
1.62%
1M
7.86%
YTD
6.67%
6M
20.46%
1Y
52.01%
3Y*
29.07%
5Y*
20.37%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EXSB.DE vs. XESP.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EXSB.DE
iShares DivDAX UCITS ETF (DE)		4.68%21.72%4.26%17.02%-11.05%13.58%2.20%23.19%-16.62%6.57%
XESP.DE
Xtrackers Spanish Equity UCITS ETF		6.67%58.64%14.65%26.79%-1.62%10.88%-10.20%15.86%-12.41%-1.69%

Correlation

The correlation between EXSB.DE and XESP.DE is 0.58, 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

0.58

Correlation (3Y)
Calculated over the trailing 3-year period

0.67

Correlation (5Y)
Calculated over the trailing 5-year period

0.73

Correlation (All Time)
Calculated using the full available price history since Jul 10, 2017

0.75

The correlation between EXSB.DE and XESP.DE shifts across timeframes, from 0.58 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares DivDAX UCITS ETF (DE)

Xtrackers Spanish Equity UCITS ETF

Often compared with EXSB.DE:
EXSB.DE vs. SCHDEXSB.DE vs. EUPE.DEEXSB.DE vs. SC0D.DEEXSB.DE vs. SXRV.DEEXSB.DE vs. ZPRL.DEEXSB.DE vs. NQSE.DEEXSB.DE vs. EUN0.DE
Often compared with XESP.DE:
XESP.DE vs. AMES.DEXESP.DE vs. XEQT.TOXESP.DE vs. XESD.DEXESP.DE vs. GLDXESP.DE vs. ^STOXXXESP.DE vs. ESIF.DEXESP.DE vs. FEUQ.DE

Return for Risk

EXSB.DE vs. XESP.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EXSB.DE
EXSB.DE Risk / Return Rank: 3535
Overall Rank
EXSB.DE Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
EXSB.DE Sortino Ratio Rank: 3333
Sortino Ratio Rank
EXSB.DE Omega Ratio Rank: 3434
Omega Ratio Rank
EXSB.DE Calmar Ratio Rank: 3838
Calmar Ratio Rank
EXSB.DE Martin Ratio Rank: 3333
Martin Ratio Rank
XESP.DE
XESP.DE Risk / Return Rank: 8686
Overall Rank
XESP.DE Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
XESP.DE Sortino Ratio Rank: 8585
Sortino Ratio Rank
XESP.DE Omega Ratio Rank: 8585
Omega Ratio Rank
XESP.DE Calmar Ratio Rank: 8787
Calmar Ratio Rank
XESP.DE Martin Ratio Rank: 8585
Martin Ratio Rank
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.

EXSB.DE vs. XESP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares DivDAX UCITS ETF (DE) (EXSB.DE) and Xtrackers Spanish Equity UCITS ETF (XESP.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.

EXSB.DEXESP.DEDifference

Sharpe ratio

Return per unit of total volatility

1.63

3.23

-1.61

Sortino ratio

Return per unit of downside risk

2.26

4.18

-1.92

Omega ratio

Gain probability vs. loss probability

1.29

1.57

-0.28

Calmar ratio

Return relative to maximum drawdown

2.67

5.49

-2.82

Martin ratio

Return relative to average drawdown

7.84

20.10

-12.26

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXSB.DE vs. XESP.DE - Sharpe Ratio Comparison

The current EXSB.DE Sharpe Ratio is 1.63, which is lower than the XESP.DE Sharpe Ratio of 3.23. The chart below compares the historical Sharpe Ratios of EXSB.DE and XESP.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.

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Sharpe Ratios by Period

EXSB.DEXESP.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.63

3.23

-1.61

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.41

1.21

-0.81

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.56

-0.21

Drawdowns

EXSB.DE vs. XESP.DE - Drawdown Comparison

The maximum EXSB.DE drawdown since its inception was -60.17%, which is greater than XESP.DE's maximum drawdown of -39.02%. Use the drawdown chart below to compare losses from any high point for EXSB.DE and XESP.DE.

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Drawdown Indicators

EXSB.DEXESP.DEDifference

Max Drawdown

Largest peak-to-trough decline

-60.17%

-39.02%

-21.15%

Max Drawdown (1Y)

Largest decline over 1 year

-9.88%

-10.17%

+0.29%

Max Drawdown (5Y)

Largest decline over 5 years

-25.49%

-18.59%

-6.90%

Max Drawdown (10Y)

Largest decline over 10 years

-41.68%

—

—

Current Drawdown

Current decline from peak

-2.20%

-0.77%

-1.43%

Average Drawdown

Average peak-to-trough decline

-12.31%

-7.46%

-4.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.36%

2.78%

+0.58%

Volatility

EXSB.DE vs. XESP.DE - Volatility Comparison

The current volatility for iShares DivDAX UCITS ETF (DE) (EXSB.DE) is 5.71%, while Xtrackers Spanish Equity UCITS ETF (XESP.DE) has a volatility of 7.12%. This indicates that EXSB.DE experiences smaller price fluctuations and is considered to be less risky than XESP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EXSB.DEXESP.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.71%

7.12%

-1.41%

Volatility (6M)

Calculated over the trailing 6-month period

10.90%

13.39%

-2.49%

Volatility (1Y)

Calculated over the trailing 1-year period

14.45%

16.33%

-1.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.01%

16.61%

+0.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.67%

18.79%

-0.12%

EXSB.DE vs. XESP.DE - Expense Ratio Comparison

EXSB.DE has a 0.31% expense ratio, which is higher than XESP.DE's 0.30% expense ratio.

Dividends

EXSB.DE vs. XESP.DE - Dividend Comparison

EXSB.DE's dividend yield for the trailing twelve months is around 2.97%, while XESP.DE has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
EXSB.DE
iShares DivDAX UCITS ETF (DE)		2.97%3.11%3.50%4.55%3.19%2.17%2.19%2.36%2.77%1.65%2.53%3.23%
XESP.DE
Xtrackers Spanish Equity UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%