RM8U.DE vs. D5BL.DE

Last updated Jun 5, 2026

RM8U.DE (HANetf The Royal Mint Responsibly Sourced Physical Gold ETC) and D5BL.DE (Xtrackers MSCI Europe Value UCITS ETF) are both exchange-traded funds - RM8U.DE is a Precious Metals fund tracking the Gold, while D5BL.DE is a Europe Equities fund tracking the MSCI Europe Enhanced Value. Both are passively managed. Over the past 5 years, RM8U.DE returned 19.57%/yr vs 14.60%/yr for D5BL.DE. At a 0.03 correlation, their price movements are largely independent. RM8U.DE charges 0.22%/yr vs 0.15%/yr for D5BL.DE.

Performance

RM8U.DE vs. D5BL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf The Royal Mint Responsibly Sourced Physical Gold ETC (RM8U.DE) and Xtrackers MSCI Europe Value UCITS ETF (D5BL.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RM8U.DE achieves a 2.70% return, which is significantly lower than D5BL.DE's 13.85% return.

RM8U.DE

• 1D: 0.59%
• 1M: -1.56%
• YTD: 2.70%
• 6M: 6.33%
• 1Y: 30.06%
• 3Y*: 27.86%
• 5Y*: 19.57%
• 10Y*: —

D5BL.DE

• 1D: -0.38%
• 1M: 4.90%
• YTD: 13.85%
• 6M: 17.13%
• 1Y: 33.04%
• 3Y*: 21.76%
• 5Y*: 14.60%
• 10Y*: 10.77%

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

RM8U.DE vs. D5BL.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RM8U.DE HANetf The Royal Mint Responsibly Sourced Physical Gold ETC	2.70%	48.89%	34.03%	9.20%	6.98%	3.69%	4.48%
D5BL.DE Xtrackers MSCI Europe Value UCITS ETF	13.85%	35.78%	10.37%	14.14%	-4.63%	26.83%	4.50%

Correlation

The correlation between RM8U.DE and D5BL.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Mar 2, 2020	0.03

The correlation between RM8U.DE and D5BL.DE shifts across timeframes, from 0.03 (5 years) to 0.18 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RM8U.DE vs. D5BL.DE — Risk / Return Rank

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

RM8U.DE

RM8U.DE Risk / Return Rank: 36
RM8U.DE Sharpe Ratio Rank: 37
RM8U.DE Sortino Ratio Rank: 33
RM8U.DE Omega Ratio Rank: 40
RM8U.DE Calmar Ratio Rank: 37
RM8U.DE Martin Ratio Rank: 31

D5BL.DE

D5BL.DE Risk / Return Rank: 70
D5BL.DE Sharpe Ratio Rank: 71
D5BL.DE Sortino Ratio Rank: 73
D5BL.DE Omega Ratio Rank: 71
D5BL.DE Calmar Ratio Rank: 67
D5BL.DE Martin Ratio Rank: 69

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.

RM8U.DE vs. D5BL.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf The Royal Mint Responsibly Sourced Physical Gold ETC (RM8U.DE) and Xtrackers MSCI Europe Value UCITS ETF (D5BL.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.

	RM8U.DE	D5BL.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.30	2.28	-0.98
Sortino ratio: Return per unit of downside risk	1.75	3.24	-1.49
Omega ratio: Gain probability vs. loss probability	1.26	1.42	-0.16
Calmar ratio: Return relative to maximum drawdown	1.81	3.28	-1.47
Martin ratio: Return relative to average drawdown	4.58	12.52	-7.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RM8U.DE vs. D5BL.DE - Sharpe Ratio Comparison

The current RM8U.DE Sharpe Ratio is 1.30, which is lower than the D5BL.DE Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of RM8U.DE and D5BL.DE, 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

	RM8U.DE	D5BL.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	2.28	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.21	0.93	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.48	+0.53

Drawdowns

RM8U.DE vs. D5BL.DE - Drawdown Comparison

The maximum RM8U.DE drawdown since its inception was -18.51%, smaller than the maximum D5BL.DE drawdown of -40.40%. Use the drawdown chart below to compare losses from any high point for RM8U.DE and D5BL.DE.

Drawdown Indicators

	RM8U.DE	D5BL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-18.51%	-40.40%	+21.89%
Max Drawdown (1Y) Largest decline over 1 year	-16.54%	-10.02%	-6.52%
Max Drawdown (3Y) Largest decline over 3 years	-16.54%	-17.36%	+0.82%
Max Drawdown (5Y) Largest decline over 5 years	-16.54%	-19.58%	+3.04%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.40%	—
Current Drawdown Current decline from peak	-15.01%	-1.22%	-13.79%
Average Drawdown Average peak-to-trough decline	-6.13%	-7.23%	+1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.55%	2.63%	+3.92%

Volatility

RM8U.DE vs. D5BL.DE - Volatility Comparison

HANetf The Royal Mint Responsibly Sourced Physical Gold ETC (RM8U.DE) and Xtrackers MSCI Europe Value UCITS ETF (D5BL.DE) have volatilities of 5.04% and 4.83%, 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

	RM8U.DE	D5BL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	4.83%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	20.04%	11.54%	+8.50%
Volatility (1Y) Calculated over the trailing 1-year period	23.03%	14.44%	+8.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.99%	15.59%	+0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.17%	17.76%	-1.59%

RM8U.DE vs. D5BL.DE - Expense Ratio Comparison

RM8U.DE has a 0.22% expense ratio, which is higher than D5BL.DE's 0.15% 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

RM8U.DE vs. D5BL.DE - Dividend Comparison

Neither RM8U.DE nor D5BL.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RM8U.DE and D5BL.DE in my portfolio?

RM8U.DE and D5BL.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RM8U.DE or D5BL.DE?

On fees, D5BL.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RM8U.DE or D5BL.DE?

D5BL.DE is cheaper with a 0.15% expense ratio, compared with 0.22% for RM8U.DE.

What is the main difference between RM8U.DE and D5BL.DE?

RM8U.DE is categorized as Precious Metals, while D5BL.DE is Europe Equities. RM8U.DE tracks Gold, while D5BL.DE tracks MSCI Europe Enhanced Value. They also come from different issuers: HANetf and Xtrackers. Their fees differ too: 0.22% for RM8U.DE and 0.15% for D5BL.DE.