MIVA.DE vs. XB4A.DE
MIVA.DE (Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C)) and XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) are both Europe Equities funds - MIVA.DE tracks the MSCI Europe Minimum Volatility while XB4A.DE tracks the ATX Index. Both are passively managed. Over the past 10 years, MIVA.DE returned 6.83%/yr vs 14.60%/yr for XB4A.DE. A 0.57 correlation means they provide meaningful diversification when combined. MIVA.DE charges 0.23%/yr vs 0.25%/yr for XB4A.DE.
Performance
MIVA.DE vs. XB4A.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MIVA.DE achieves a 8.76% return, which is significantly lower than XB4A.DE's 22.80% return. Over the past 10 years, MIVA.DE has underperformed XB4A.DE with an annualized return of 6.83%, while XB4A.DE has yielded a comparatively higher 14.60% annualized return.
MIVA.DE
- 1D
- 0.56%
- 1M
- 2.22%
- 6M
- 6.71%
- YTD
- 8.76%
- 1Y
- 11.41%
- 3Y*
- 11.89%
- 5Y*
- 6.97%
- 10Y*
- 6.83%
XB4A.DE
- 1D
- -1.41%
- 1M
- -2.86%
- 6M
- 19.27%
- YTD
- 22.80%
- 1Y
- 45.21%
- 3Y*
- 30.57%
- 5Y*
- 17.80%
- 10Y*
- 14.60%
MIVA.DE vs. XB4A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MIVA.DE Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) | 8.76% | 12.05% | 11.43% | 10.68% | -13.34% | 21.25% | -4.14% | 24.17% | -4.44% | 9.03% |
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 22.80% | 51.29% | 11.01% | 14.27% | -16.45% | 42.39% | -10.86% | 19.79% | -17.99% | 32.88% |
Correlation
The correlation between MIVA.DE and XB4A.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2014 | 0.57 |
The correlation between MIVA.DE and XB4A.DE shifts across timeframes, from 0.40 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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
MIVA.DE vs. XB4A.DE — Risk / Return Rank
MIVA.DE
XB4A.DE
MIVA.DE vs. XB4A.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.DE) and Xtrackers ATX UCITS ETF (Acc) (XB4A.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.
| MIVA.DE | XB4A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.43 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 4.13 | -2.50 |
| Martin ratioReturn relative to average drawdown | 4.93 | 13.97 | -9.04 |
Loading charts...
Drawdowns
MIVA.DE vs. XB4A.DE - Drawdown Comparison
The maximum MIVA.DE drawdown since its inception was -30.57%, smaller than the maximum XB4A.DE drawdown of -53.54%. Use the drawdown chart below to compare losses from any high point for MIVA.DE and XB4A.DE.
Loading charts...
Drawdown Indicators
| MIVA.DE | XB4A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.57% | -53.54% | +22.97% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -10.88% | +3.94% |
Max Drawdown (3Y)Largest decline over 3 years | -11.02% | -16.26% | +5.24% |
Max Drawdown (5Y)Largest decline over 5 years | -19.69% | -32.50% | +12.81% |
Max Drawdown (10Y)Largest decline over 10 years | -30.57% | -53.54% | +22.97% |
Current DrawdownCurrent decline from peak | -0.04% | -3.43% | +3.39% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -9.88% | +5.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 3.23% | -0.92% |
Volatility
MIVA.DE vs. XB4A.DE - Volatility Comparison
The current volatility for Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.DE) is 2.52%, while Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) has a volatility of 4.97%. This indicates that MIVA.DE experiences smaller price fluctuations and is considered to be less risky than XB4A.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MIVA.DE | XB4A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.52% | 4.97% | -2.45% |
Volatility (6M)Calculated over the trailing 6-month period | 7.49% | 14.95% | -7.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.95% | 17.66% | -8.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.95% | 19.15% | -8.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.01% | 20.15% | -8.14% |
MIVA.DE vs. XB4A.DE - Expense Ratio Comparison
MIVA.DE has a 0.23% expense ratio, which is lower than XB4A.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MIVA.DE vs. XB4A.DE - Dividend Comparison
Neither MIVA.DE nor XB4A.DE has paid dividends to shareholders.
Frequently Asked Questions
MIVA.DE and XB4A.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MIVA.DE is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MIVA.DE is cheaper with a 0.23% expense ratio, compared with 0.25% for XB4A.DE.
MIVA.DE tracks MSCI Europe Minimum Volatility, while XB4A.DE tracks ATX Index. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.23% for MIVA.DE and 0.25% for XB4A.DE.
Find the right allocation for MIVA.DE and XB4A.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