IRE.MI vs. XS6R.L

Last updated Jun 5, 2026

IRE.MI (Iren SpA) is a stock, while XS6R.L (Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C) is Utilities Equities fund tracking the MSCI World/Utilities NR USD. Over the past 10 years, IRE.MI returned 9.47%/yr vs 10.47%/yr for XS6R.L. At a 0.44 correlation, their price movements are largely independent.

Performance

IRE.MI vs. XS6R.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Iren SpA (IRE.MI) and Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IRE.MI is traded in EUR, while XS6R.L is traded in GBp. To make them comparable, the XS6R.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IRE.MI achieves a 1.25% return, which is significantly lower than XS6R.L's 11.82% return. Over the past 10 years, IRE.MI has underperformed XS6R.L with an annualized return of 9.47%, while XS6R.L has yielded a comparatively higher 10.47% annualized return.

IRE.MI

• 1D: -0.08%
• 1M: -1.37%
• YTD: 1.25%
• 6M: 2.13%
• 1Y: 0.66%
• 3Y*: 18.21%
• 5Y*: 5.52%
• 10Y*: 9.47%

XS6R.L

• 1D: -0.42%
• 1M: -2.43%
• YTD: 11.82%
• 6M: 13.24%
• 1Y: 24.36%
• 3Y*: 15.99%
• 5Y*: 11.23%
• 10Y*: 10.47%

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

IRE.MI vs. XS6R.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IRE.MI Iren SpA	1.25%	39.87%	3.46%	42.85%	-41.45%	29.53%	-19.84%	36.62%	-13.46%	65.38%
XS6R.L Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C	11.84%	31.13%	3.57%	13.91%	-8.79%	7.75%	11.65%	30.63%	2.12%	9.60%

Correlation

The correlation between IRE.MI and XS6R.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Sep 30, 2008	0.44

The correlation between IRE.MI and XS6R.L shifts across timeframes, from 0.44 (all time) to 0.58 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

IRE.MI vs. XS6R.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IRE.MI

IRE.MI Risk / Return Rank: 38
IRE.MI Sharpe Ratio Rank: 40
IRE.MI Sortino Ratio Rank: 33
IRE.MI Omega Ratio Rank: 33
IRE.MI Calmar Ratio Rank: 41
IRE.MI Martin Ratio Rank: 40

XS6R.L

XS6R.L Risk / Return Rank: 54
XS6R.L Sharpe Ratio Rank: 54
XS6R.L Sortino Ratio Rank: 49
XS6R.L Omega Ratio Rank: 53
XS6R.L Calmar Ratio Rank: 62
XS6R.L Martin Ratio Rank: 54

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.

IRE.MI vs. XS6R.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Iren SpA (IRE.MI) and Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L). 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.

	IRE.MI	XS6R.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	1.63	-1.64
Sortino ratio: Return per unit of downside risk	0.12	2.14	-2.01
Omega ratio: Gain probability vs. loss probability	1.02	1.29	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.01	3.07	-3.09
Martin ratio: Return relative to average drawdown	-0.04	9.15	-9.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IRE.MI vs. XS6R.L - Sharpe Ratio Comparison

The current IRE.MI Sharpe Ratio is -0.01, which is lower than the XS6R.L Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of IRE.MI and XS6R.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IRE.MI	XS6R.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	1.63	-1.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.68	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.60	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.35	-0.14

Drawdowns

IRE.MI vs. XS6R.L - Drawdown Comparison

The maximum IRE.MI drawdown since its inception was -89.17%, which is greater than XS6R.L's maximum drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for IRE.MI and XS6R.L.

Drawdown Indicators

	IRE.MI	XS6R.L	Difference
Max Drawdown Largest peak-to-trough decline	-89.17%	-34.72%	-54.45%
Max Drawdown (1Y) Largest decline over 1 year	-16.26%	-7.89%	-8.37%
Max Drawdown (3Y) Largest decline over 3 years	-19.21%	-13.68%	-5.53%
Max Drawdown (5Y) Largest decline over 5 years	-52.87%	-23.38%	-29.49%
Max Drawdown (10Y) Largest decline over 10 years	-52.87%	-32.40%	-20.47%
Current Drawdown Current decline from peak	-8.94%	-5.32%	-3.62%
Average Drawdown Average peak-to-trough decline	-34.76%	-8.15%	-26.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.97%	2.65%	+3.32%

Volatility

IRE.MI vs. XS6R.L - Volatility Comparison

Iren SpA (IRE.MI) and Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L) have volatilities of 5.76% and 5.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IRE.MI	XS6R.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	5.70%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	16.26%	12.95%	+3.31%
Volatility (1Y) Calculated over the trailing 1-year period	20.75%	14.88%	+5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.59%	16.40%	+8.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.80%	17.33%	+7.47%

Dividends

IRE.MI vs. XS6R.L - Dividend Comparison

IRE.MI's dividend yield for the trailing twelve months is around 4.96%, while XS6R.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRE.MI Iren SpA	4.96%	5.02%	6.19%	5.58%	7.15%	3.58%	4.35%	3.04%	3.34%	2.50%	3.53%	3.51%
XS6R.L Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C	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 IRE.MI and XS6R.L in my portfolio?

IRE.MI and XS6R.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.