IS31.DE vs. XDPE.DE
IS31.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc)) and XDPE.DE (Xtrackers S&P 500 UCITS ETF EUR Hedged (Acc)) are both S&P 500 funds - IS31.DE tracks the S&P 500 Minimum Volatility Index (EUR Hedged) while XDPE.DE tracks the S&P 500 Index (EUR Hedged). Both are passively managed. Over the past 5 years, IS31.DE returned 5.66%/yr vs 10.23%/yr for XDPE.DE. Their correlation of 0.84 suggests significant overlap in exposure. IS31.DE charges 0.25%/yr vs 0.20%/yr for XDPE.DE.
Performance
IS31.DE vs. XDPE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS31.DE achieves a 2.57% return, which is significantly lower than XDPE.DE's 8.49% return.
IS31.DE
- 1D
- -0.55%
- 1M
- -0.28%
- 6M
- 3.07%
- YTD
- 2.57%
- 1Y
- 8.36%
- 3Y*
- 10.43%
- 5Y*
- 5.66%
- 10Y*
- —
XDPE.DE
- 1D
- 0.21%
- 1M
- -0.15%
- 6M
- 8.53%
- YTD
- 8.49%
- 1Y
- 18.71%
- 3Y*
- 17.32%
- 5Y*
- 10.23%
- 10Y*
- 12.14%
IS31.DE vs. XDPE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS31.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) | 2.57% | 9.27% | 16.79% | 6.75% | -14.54% | 23.93% | 5.67% | 27.41% | -8.01% | 10.34% |
XDPE.DE Xtrackers S&P 500 UCITS ETF EUR Hedged (Acc) | 8.49% | 15.08% | 22.74% | 23.31% | -21.95% | 28.44% | 15.08% | 27.18% | -8.63% | 13.51% |
Correlation
The correlation between IS31.DE and XDPE.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2017 | 0.84 |
The correlation between IS31.DE and XDPE.DE has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.
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Return for Risk
IS31.DE vs. XDPE.DE — Risk / Return Rank
IS31.DE
XDPE.DE
IS31.DE vs. XDPE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) (IS31.DE) and Xtrackers S&P 500 UCITS ETF EUR Hedged (Acc) (XDPE.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.
| IS31.DE | XDPE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.27 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 2.16 | -0.90 |
| Martin ratioReturn relative to average drawdown | 4.77 | 8.58 | -3.82 |
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Drawdowns
IS31.DE vs. XDPE.DE - Drawdown Comparison
The maximum IS31.DE drawdown since its inception was -33.66%, roughly equal to the maximum XDPE.DE drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for IS31.DE and XDPE.DE.
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Drawdown Indicators
| IS31.DE | XDPE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.66% | -34.35% | +0.69% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -8.64% | +2.00% |
Max Drawdown (3Y)Largest decline over 3 years | -12.56% | -18.52% | +5.96% |
Max Drawdown (5Y)Largest decline over 5 years | -20.75% | -26.17% | +5.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.35% | — |
Current DrawdownCurrent decline from peak | -1.01% | -0.88% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -5.09% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.17% | -0.42% |
Volatility
IS31.DE vs. XDPE.DE - Volatility Comparison
The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) (IS31.DE) is 2.40%, while Xtrackers S&P 500 UCITS ETF EUR Hedged (Acc) (XDPE.DE) has a volatility of 2.76%. This indicates that IS31.DE experiences smaller price fluctuations and is considered to be less risky than XDPE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS31.DE | XDPE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | 2.76% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 6.55% | 9.32% | -2.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.70% | 12.23% | -3.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 16.14% | -3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.36% | 16.28% | -1.92% |
IS31.DE vs. XDPE.DE - Expense Ratio Comparison
IS31.DE has a 0.25% expense ratio, which is higher than XDPE.DE's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IS31.DE vs. XDPE.DE - Dividend Comparison
Neither IS31.DE nor XDPE.DE has paid dividends to shareholders.
Frequently Asked Questions
IS31.DE and XDPE.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDPE.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDPE.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for IS31.DE.
IS31.DE tracks S&P 500 Minimum Volatility Index (EUR Hedged), while XDPE.DE tracks S&P 500 Index (EUR Hedged). They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.25% for IS31.DE and 0.20% for XDPE.DE.
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