EXXX.DE vs. SXR3.DE

Last updated Aug 4, 2026

EXXX.DE (iShares ATX UCITS ETF (DE)) and SXR3.DE (iShares MSCI UK UCITS ETF (Acc)) are both Europe Equities funds from iShares - EXXX.DE tracks the ATX Index while SXR3.DE tracks the MSCI UK. Both are passively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. EXXX.DE charges 0.32%/yr vs 0.33%/yr for SXR3.DE.

Performance

EXXX.DE vs. SXR3.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares ATX UCITS ETF (DE) (EXXX.DE) and iShares MSCI UK UCITS ETF (Acc) (SXR3.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EXXX.DE

• 1D: 1.89%
• 1M: 0.20%
• 6M: 19.07%
• YTD: 26.65%
• 1Y: 50.59%
• 3Y*: 31.29%
• 5Y*: 17.34%
• 10Y*: 14.54%
• ALL TIME*: 5.21%

SXR3.DE

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EXXX.DE iShares ATX UCITS ETF (DE)	€90.40K	€126.56K	€172.36K

EXXX.DE vs. SXR3.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXXX.DE iShares ATX UCITS ETF (DE)	26.65%	51.31%	10.39%	13.71%	-16.43%	42.16%	-11.27%	19.95%	-18.96%	32.71%
SXR3.DE iShares MSCI UK UCITS ETF (Acc)	0.00%	15.66%	13.52%	9.60%	0.36%	25.69%	-17.21%	24.21%	-10.84%	7.35%

Correlation

The correlation between EXXX.DE and SXR3.DE is 0.14, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.14
Correlation (3Y) Balances recent behavior with more history.	0.42
Correlation (5Y) Shows whether the relationship held over a longer period.	0.55
Correlation (10Y) Provides a long-term view across more market conditions.	0.59
Correlation (All Time) Calculated using the full available price history since Mar 29, 2010	0.60

Over the past year, the correlation between EXXX.DE and SXR3.DE has dropped to 0.14 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.

Return for Risk

EXXX.DE vs. SXR3.DE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EXXX.DE

EXXX.DE Risk / Return Rank: 93
EXXX.DE Sharpe Ratio Rank: 94
EXXX.DE Sortino Ratio Rank: 94
EXXX.DE Omega Ratio Rank: 92
EXXX.DE Calmar Ratio Rank: 93
EXXX.DE Martin Ratio Rank: 90

SXR3.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EXXX.DE vs. SXR3.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ATX UCITS ETF (DE) (EXXX.DE) and iShares MSCI UK UCITS ETF (Acc) (SXR3.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	SXR3.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.82	—	—
Sortino ratio: Return per unit of downside risk	3.96	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	4.70	—	—
Martin ratio: Return relative to average drawdown	15.59	—	—

Drawdowns

Drawdown Indicators

	EXXX.DE	SXR3.DE	Difference
Max Drawdown Largest peak-to-trough decline	-71.43%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.90%	—	—
Current Drawdown Current decline from peak	-0.24%	—	—
Average Drawdown Average peak-to-trough decline	-28.47%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	—	—

Volatility

Volatility by Period

	EXXX.DE	SXR3.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.86%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.17%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.97%	—	—

EXXX.DE vs. SXR3.DE - Expense Ratio Comparison

EXXX.DE has a 0.32% expense ratio, which is lower than SXR3.DE's 0.33% expense ratio.

Dividends

EXXX.DE vs. SXR3.DE - Dividend Comparison

EXXX.DE's dividend yield for the trailing twelve months is around 2.91%, while SXR3.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXXX.DE iShares ATX UCITS ETF (DE)	2.91%	2.53%	4.30%	3.53%	3.61%	1.04%	1.18%	1.73%	0.48%	0.65%	1.08%	1.65%
SXR3.DE iShares MSCI UK UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EXXX.DE and SXR3.DE in my portfolio?

EXXX.DE and SXR3.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EXXX.DE or SXR3.DE?

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.

Which ETF is cheaper, EXXX.DE or SXR3.DE?

EXXX.DE is cheaper with a 0.32% expense ratio, compared with 0.33% for SXR3.DE.

What is the main difference between EXXX.DE and SXR3.DE?

EXXX.DE tracks ATX Index, while SXR3.DE tracks MSCI UK. Their fees differ too: 0.32% for EXXX.DE and 0.33% for SXR3.DE.