EXXX.DE vs. EMUS.DE
EXXX.DE (iShares ATX UCITS ETF (DE)) and EMUS.DE (BNP Paribas Easy MSCI EMU SRI S-Series PAB 5% Capped UCITS ETF) are both Europe Equities funds - EXXX.DE tracks the ATX Index while EMUS.DE tracks the MSCI EMU SRI S-Series PAB 5% Capped. Both are passively managed. Over the past 5 years, EXXX.DE returned 17.45%/yr vs 8.26%/yr for EMUS.DE. A 0.71 correlation means they provide meaningful diversification when combined. EXXX.DE charges 0.32%/yr vs 0.25%/yr for EMUS.DE.
Performance
EXXX.DE vs. EMUS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXXX.DE achieves a 22.53% return, which is significantly higher than EMUS.DE's 11.99% return.
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%
EMUS.DE
- 1D
- -0.89%
- 1M
- -0.00%
- 6M
- 8.64%
- YTD
- 11.99%
- 1Y
- 17.72%
- 3Y*
- 13.78%
- 5Y*
- 8.26%
- 10Y*
- —
EXXX.DE vs. EMUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EXXX.DE iShares ATX UCITS ETF (DE) | 22.53% | 51.31% | 10.39% | 13.71% | -16.43% | 42.16% | -11.27% | 6.42% |
EMUS.DE BNP Paribas Easy MSCI EMU SRI S-Series PAB 5% Capped UCITS ETF | 11.99% | 15.33% | 10.68% | 12.15% | -14.21% | 25.76% | 1.58% | 7.40% |
Correlation
The correlation between EXXX.DE and EMUS.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019 | 0.71 |
The correlation between EXXX.DE and EMUS.DE has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EXXX.DE vs. EMUS.DE — Risk / Return Rank
EXXX.DE
EMUS.DE
EXXX.DE vs. EMUS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ATX UCITS ETF (DE) (EXXX.DE) and BNP Paribas Easy MSCI EMU SRI S-Series PAB 5% Capped UCITS ETF (EMUS.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.
| EXXX.DE | EMUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.25 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.19 | 1.63 | +2.56 |
| Martin ratioReturn relative to average drawdown | 14.04 | 5.62 | +8.42 |
Loading charts...
Drawdowns
EXXX.DE vs. EMUS.DE - Drawdown Comparison
The maximum EXXX.DE drawdown since its inception was -71.43%, which is greater than EMUS.DE's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for EXXX.DE and EMUS.DE.
Loading charts...
Drawdown Indicators
| EXXX.DE | EMUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.43% | -35.75% | -35.68% |
Max Drawdown (1Y)Largest decline over 1 year | -10.71% | -10.83% | +0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -16.11% | -13.13% | -2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -32.69% | -25.18% | -7.51% |
Max Drawdown (10Y)Largest decline over 10 years | -52.90% | — | — |
Current DrawdownCurrent decline from peak | -3.48% | -1.62% | -1.86% |
Average DrawdownAverage peak-to-trough decline | -28.47% | -6.18% | -22.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 3.15% | +0.05% |
Volatility
EXXX.DE vs. EMUS.DE - Volatility Comparison
iShares ATX UCITS ETF (DE) (EXXX.DE) has a higher volatility of 4.88% compared to BNP Paribas Easy MSCI EMU SRI S-Series PAB 5% Capped UCITS ETF (EMUS.DE) at 3.53%. This indicates that EXXX.DE's price experiences larger fluctuations and is considered to be riskier than EMUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXXX.DE | EMUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 3.53% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 14.74% | 11.65% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.54% | 13.54% | +4.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.15% | 14.98% | +4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.93% | 16.84% | +3.09% |
EXXX.DE vs. EMUS.DE - Expense Ratio Comparison
EXXX.DE has a 0.32% expense ratio, which is higher than EMUS.DE's 0.25% expense ratio.
Dividends
EXXX.DE vs. EMUS.DE - Dividend Comparison
EXXX.DE's dividend yield for the trailing twelve months is around 3.01%, while EMUS.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMUS.DE BNP Paribas Easy MSCI EMU SRI S-Series PAB 5% Capped 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% |
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
EXXX.DE and EMUS.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMUS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMUS.DE is cheaper with a 0.25% expense ratio, compared with 0.32% for EXXX.DE.
EXXX.DE tracks ATX Index, while EMUS.DE tracks MSCI EMU SRI S-Series PAB 5% Capped. They also come from different issuers: iShares and BNP Paribas. Their fees differ too: 0.32% for EXXX.DE and 0.25% for EMUS.DE.
Find the right allocation for EXXX.DE and EMUS.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer