S0LR.DE vs. XUEN.DE
S0LR.DE (Invesco Solar Energy UCITS ETF Acc) and XUEN.DE (Xtrackers MSCI USA Energy UCITS ETF 1D) are both Energy Equities funds - S0LR.DE tracks the MAC Global Solar Energy while XUEN.DE tracks the MSCI USA Energy 20/35 Custom. Both are passively managed. Over the past 3 years, S0LR.DE returned -3.99%/yr vs 14.05%/yr for XUEN.DE. At a 0.17 correlation, their price movements are largely independent. S0LR.DE charges 0.69%/yr vs 0.12%/yr for XUEN.DE.
Performance
S0LR.DE vs. XUEN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, S0LR.DE achieves a 39.14% return, which is significantly higher than XUEN.DE's 32.35% return.
S0LR.DE
- 1D
- -2.10%
- 1M
- 15.39%
- YTD
- 39.14%
- 6M
- 44.58%
- 1Y
- 102.95%
- 3Y*
- -3.99%
- 5Y*
- —
- 10Y*
- —
XUEN.DE
- 1D
- -0.40%
- 1M
- -0.74%
- YTD
- 32.35%
- 6M
- 29.20%
- 1Y
- 41.93%
- 3Y*
- 14.05%
- 5Y*
- 21.22%
- 10Y*
- —
S0LR.DE vs. XUEN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 39.14% | 31.50% | -33.95% | -27.80% | 1.22% | -8.13% |
XUEN.DE Xtrackers MSCI USA Energy UCITS ETF 1D | 32.35% | -3.28% | 10.56% | -3.66% | 71.12% | 18.36% |
Correlation
The correlation between S0LR.DE and XUEN.DE is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.17 |
The correlation between S0LR.DE and XUEN.DE shifts across timeframes, from -0.12 (1 year) to 0.17 (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
S0LR.DE vs. XUEN.DE — Risk / Return Rank
S0LR.DE
XUEN.DE
S0LR.DE vs. XUEN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Solar Energy UCITS ETF Acc (S0LR.DE) and Xtrackers MSCI USA Energy UCITS ETF 1D (XUEN.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.
| S0LR.DE | XUEN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.31 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 8.71 | 2.44 | +6.28 |
| Martin ratioReturn relative to average drawdown | 21.79 | 7.67 | +14.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| S0LR.DE | XUEN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.02 | 1.76 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 0.36 | -0.48 |
Drawdowns
S0LR.DE vs. XUEN.DE - Drawdown Comparison
The maximum S0LR.DE drawdown since its inception was -73.43%, which is greater than XUEN.DE's maximum drawdown of -64.67%. Use the drawdown chart below to compare losses from any high point for S0LR.DE and XUEN.DE.
Loading charts...
Drawdown Indicators
| S0LR.DE | XUEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.43% | -64.67% | -8.76% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -17.12% | +5.37% |
Max Drawdown (3Y)Largest decline over 3 years | -65.01% | -26.63% | -38.38% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.63% | — |
Current DrawdownCurrent decline from peak | -32.82% | -9.21% | -23.61% |
Average DrawdownAverage peak-to-trough decline | -39.70% | -16.97% | -22.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 5.46% | -0.75% |
Volatility
S0LR.DE vs. XUEN.DE - Volatility Comparison
Invesco Solar Energy UCITS ETF Acc (S0LR.DE) has a higher volatility of 12.56% compared to Xtrackers MSCI USA Energy UCITS ETF 1D (XUEN.DE) at 7.71%. This indicates that S0LR.DE's price experiences larger fluctuations and is considered to be riskier than XUEN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| S0LR.DE | XUEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.56% | 7.71% | +4.85% |
Volatility (6M)Calculated over the trailing 6-month period | 23.50% | 20.26% | +3.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.92% | 23.74% | +10.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.23% | 26.62% | +9.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.23% | 29.68% | +6.55% |
S0LR.DE vs. XUEN.DE - Expense Ratio Comparison
S0LR.DE has a 0.69% expense ratio, which is higher than XUEN.DE's 0.12% expense ratio.
Dividends
S0LR.DE vs. XUEN.DE - Dividend Comparison
S0LR.DE has not paid dividends to shareholders, while XUEN.DE's dividend yield for the trailing twelve months is around 2.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUEN.DE Xtrackers MSCI USA Energy UCITS ETF 1D | 2.07% | 2.80% | 2.64% | 3.22% | 3.89% | 3.12% | 7.28% | 2.72% | 0.71% |
Frequently Asked Questions
S0LR.DE and XUEN.DE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUEN.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUEN.DE is cheaper with a 0.12% expense ratio, compared with 0.69% for S0LR.DE.
S0LR.DE tracks MAC Global Solar Energy, while XUEN.DE tracks MSCI USA Energy 20/35 Custom. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.69% for S0LR.DE and 0.12% for XUEN.DE.
Find the right allocation for S0LR.DE and XUEN.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