FEUI.DE vs. XESD.DE
FEUI.DE (Fidelity Europe Quality Income UCITS ETF) and XESD.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds - FEUI.DE tracks the MSCI Europe High Div Yld NR EUR while XESD.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 5 years, FEUI.DE returned 8.02%/yr vs 18.89%/yr for XESD.DE. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
FEUI.DE vs. XESD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FEUI.DE achieves a 7.79% return, which is significantly higher than XESD.DE's 7.26% return.
FEUI.DE
- 1D
- 0.65%
- 1M
- 2.70%
- YTD
- 7.79%
- 6M
- 9.55%
- 1Y
- 16.12%
- 3Y*
- 13.31%
- 5Y*
- 8.02%
- 10Y*
- —
XESD.DE
- 1D
- 0.58%
- 1M
- 3.65%
- YTD
- 7.26%
- 6M
- 11.32%
- 1Y
- 35.71%
- 3Y*
- 29.40%
- 5Y*
- 18.89%
- 10Y*
- —
FEUI.DE vs. XESD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FEUI.DE Fidelity Europe Quality Income UCITS ETF | 7.79% | 18.53% | 5.59% | 18.51% | -15.30% | 26.87% | -2.74% | 8.86% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 7.26% | 58.73% | 14.57% | 26.73% | -1.59% | 10.90% | -10.12% | 7.35% |
Correlation
The correlation between FEUI.DE and XESD.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2019 | 0.75 |
The correlation between FEUI.DE and XESD.DE has been stable across timeframes, ranging from 0.73 to 0.75 - a consistent structural relationship.
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Return for Risk
FEUI.DE vs. XESD.DE — Risk / Return Rank
FEUI.DE
XESD.DE
FEUI.DE vs. XESD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Europe Quality Income UCITS ETF (FEUI.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.
| FEUI.DE | XESD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 3.46 | -1.56 |
| Martin ratioReturn relative to average drawdown | 6.52 | 12.05 | -5.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FEUI.DE | XESD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 2.10 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 1.12 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.55 | 0.00 |
Drawdowns
FEUI.DE vs. XESD.DE - Drawdown Comparison
The maximum FEUI.DE drawdown since its inception was -33.84%, smaller than the maximum XESD.DE drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for FEUI.DE and XESD.DE.
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Drawdown Indicators
| FEUI.DE | XESD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.84% | -38.77% | +4.93% |
Max Drawdown (1Y)Largest decline over 1 year | -8.42% | -10.27% | +1.85% |
Max Drawdown (3Y)Largest decline over 3 years | -16.18% | -12.49% | -3.69% |
Max Drawdown (5Y)Largest decline over 5 years | -24.73% | -18.59% | -6.14% |
Current DrawdownCurrent decline from peak | -1.69% | -0.56% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -6.37% | -7.38% | +1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 2.96% | -0.49% |
Volatility
FEUI.DE vs. XESD.DE - Volatility Comparison
Fidelity Europe Quality Income UCITS ETF (FEUI.DE) has a higher volatility of 4.83% compared to Xtrackers Spanish Equity UCITS ETF (XESD.DE) at 4.46%. This indicates that FEUI.DE's price experiences larger fluctuations and is considered to be riskier 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
| FEUI.DE | XESD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 4.46% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 14.06% | -3.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.80% | 16.93% | -4.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 16.73% | -2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.66% | 18.81% | -2.15% |
FEUI.DE vs. XESD.DE - Expense Ratio Comparison
Both FEUI.DE and XESD.DE have an expense ratio of 0.30%.
Dividends
FEUI.DE vs. XESD.DE - Dividend Comparison
FEUI.DE's dividend yield for the trailing twelve months is around 3.50%, more than XESD.DE's 2.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FEUI.DE Fidelity Europe Quality Income UCITS ETF | 3.50% | 3.09% | 3.55% | 4.02% | 5.06% | 3.98% | 2.56% | 0.41% | 0.00% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 2.50% | 2.43% | 3.14% | 2.57% | 3.98% | 1.51% | 4.30% | 3.35% | 4.48% |
Frequently Asked Questions
FEUI.DE and XESD.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FEUI.DE and XESD.DE have the same expense ratio: 0.30% per year.
FEUI.DE tracks MSCI Europe High Div Yld NR EUR, while XESD.DE tracks Solactive Spain 40. They also come from different issuers: Fidelity and Xtrackers.
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