SLQX.DE vs. DBXD.DE
SLQX.DE (Expat Slovenia SBI TOP UCITS ETF) and DBXD.DE (Xtrackers DAX UCITS ETF 1C) are both Europe Equities funds - SLQX.DE tracks the SBI TOP Index while DBXD.DE tracks the DAX®. Both are passively managed. Over the past 5 years, SLQX.DE returned 23.41%/yr vs 9.27%/yr for DBXD.DE. At a 0.10 correlation, their price movements are largely independent. SLQX.DE charges 1.38%/yr vs 0.09%/yr for DBXD.DE.
Performance
SLQX.DE vs. DBXD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SLQX.DE achieves a 26.72% return, which is significantly higher than DBXD.DE's 0.89% return.
SLQX.DE
- 1D
- 0.30%
- 1M
- 5.06%
- 6M
- 16.08%
- YTD
- 26.72%
- 1Y
- 28.19%
- 3Y*
- 36.69%
- 5Y*
- 23.41%
- 10Y*
- —
DBXD.DE
- 1D
- -0.34%
- 1M
- -0.45%
- 6M
- -2.21%
- YTD
- 0.89%
- 1Y
- 1.42%
- 3Y*
- 14.95%
- 5Y*
- 9.27%
- 10Y*
- 9.03%
SLQX.DE vs. DBXD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SLQX.DE Expat Slovenia SBI TOP UCITS ETF | 26.72% | 46.37% | 33.58% | 16.52% | -10.85% | 43.83% | -3.91% | 11.50% | -17.12% |
DBXD.DE Xtrackers DAX UCITS ETF 1C | 0.89% | 22.65% | 18.18% | 19.60% | -12.74% | 15.26% | 3.11% | 24.69% | -15.29% |
Correlation
The correlation between SLQX.DE and DBXD.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 | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.10 |
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Return for Risk
SLQX.DE vs. DBXD.DE — Risk / Return Rank
SLQX.DE
DBXD.DE
SLQX.DE vs. DBXD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) and Xtrackers DAX UCITS ETF 1C (DBXD.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.
| SLQX.DE | DBXD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.24 | ||
| Sortino ratioReturn per unit of downside risk | +1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.03 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 0.12 | +2.16 |
| Martin ratioReturn relative to average drawdown | 5.48 | 0.36 | +5.12 |
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Drawdowns
SLQX.DE vs. DBXD.DE - Drawdown Comparison
The maximum SLQX.DE drawdown since its inception was -34.33%, smaller than the maximum DBXD.DE drawdown of -54.83%. Use the drawdown chart below to compare losses from any high point for SLQX.DE and DBXD.DE.
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Drawdown Indicators
| SLQX.DE | DBXD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.33% | -54.83% | +20.50% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -12.32% | 0.00% |
Max Drawdown (3Y)Largest decline over 3 years | -12.39% | -15.92% | +3.53% |
Max Drawdown (5Y)Largest decline over 5 years | -24.09% | -26.70% | +2.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.83% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.84% | +3.84% |
Average DrawdownAverage peak-to-trough decline | -8.99% | -11.27% | +2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.13% | 3.95% | +1.18% |
Volatility
SLQX.DE vs. DBXD.DE - Volatility Comparison
The current volatility for Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) is 3.26%, while Xtrackers DAX UCITS ETF 1C (DBXD.DE) has a volatility of 4.65%. This indicates that SLQX.DE experiences smaller price fluctuations and is considered to be less risky than DBXD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLQX.DE | DBXD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 4.65% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 16.07% | 13.55% | +2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.11% | 16.28% | +4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.40% | 17.19% | +1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 18.09% | -0.18% |
SLQX.DE vs. DBXD.DE - Expense Ratio Comparison
SLQX.DE has a 1.38% expense ratio, which is higher than DBXD.DE's 0.09% expense ratio.
Dividends
SLQX.DE vs. DBXD.DE - Dividend Comparison
Neither SLQX.DE nor DBXD.DE has paid dividends to shareholders.
Frequently Asked Questions
SLQX.DE and DBXD.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.
On fees, DBXD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXD.DE is cheaper with a 0.09% expense ratio, compared with 1.38% for SLQX.DE.
SLQX.DE tracks SBI TOP Index, while DBXD.DE tracks DAX®. They also come from different issuers: Expat and Xtrackers. Their fees differ too: 1.38% for SLQX.DE and 0.09% for DBXD.DE.
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