SNPE vs. RAFE

Last updated Jun 3, 2026

SNPE (Xtrackers S&P 500 ESG ETF) and RAFE (PIMCO RAFI ESG U.S. ETF) are both exchange-traded funds - SNPE is a S&P 500 fund tracking the S&P 500 ESG Index, while RAFE is a Large Cap Blend Equities fund tracking the RAFI ESG US Index. Both are passively managed. Over the past 5 years, SNPE returned 14.83%/yr vs 10.92%/yr for RAFE. Their correlation of 0.86 suggests significant overlap in exposure. SNPE charges 0.10%/yr vs 0.30%/yr for RAFE.

Performance

SNPE vs. RAFE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 ESG ETF (SNPE) and PIMCO RAFI ESG U.S. ETF (RAFE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNPE achieves a 10.55% return, which is significantly lower than RAFE's 13.86% return.

SNPE

• 1D: -0.43%
• 1M: 4.92%
• YTD: 10.55%
• 6M: 11.45%
• 1Y: 32.05%
• 3Y*: 22.06%
• 5Y*: 14.83%
• 10Y*: —

RAFE

• 1D: 0.94%
• 1M: 6.78%
• YTD: 13.86%
• 6M: 15.30%
• 1Y: 33.02%
• 3Y*: 19.71%
• 5Y*: 10.92%
• 10Y*: —

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

SNPE vs. RAFE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SNPE Xtrackers S&P 500 ESG ETF	10.55%	18.56%	23.85%	27.79%	-17.67%	31.43%	19.84%	0.96%
RAFE PIMCO RAFI ESG U.S. ETF	13.86%	17.60%	13.81%	18.80%	-13.76%	30.16%	5.29%	0.55%

Correlation

The correlation between SNPE and RAFE is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Dec 20, 2019	0.86

The correlation between SNPE and RAFE has been stable across timeframes, ranging from 0.80 to 0.88 - a consistent structural relationship.

SNPE vs. RAFE - Sectors Allocation Comparison

Sectors	SNPE	RAFE
Technology	38.6%	29.8%
Communication Services	14.5%	7.2%
Financial Services	12.1%	13.3%
Healthcare	9.3%	23.1%
Industrials	6.9%	5.0%
Consumer Defensive	5.1%	7.7%
Consumer Cyclical	4.6%	6.5%
Energy	4.2%	-
Real Estate	2.2%	2.7%
Basic Materials	1.9%	4.2%
Utilities	0.8%	0.6%

Return for Risk

SNPE vs. RAFE — Risk / Return Rank

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

SNPE

SNPE Risk / Return Rank: 78
SNPE Sharpe Ratio Rank: 82
SNPE Sortino Ratio Rank: 82
SNPE Omega Ratio Rank: 80
SNPE Calmar Ratio Rank: 68
SNPE Martin Ratio Rank: 80

RAFE

RAFE Risk / Return Rank: 85
RAFE Sharpe Ratio Rank: 87
RAFE Sortino Ratio Rank: 88
RAFE Omega Ratio Rank: 84
RAFE Calmar Ratio Rank: 82
RAFE Martin Ratio Rank: 83

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.

SNPE vs. RAFE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 ESG ETF (SNPE) and PIMCO RAFI ESG U.S. ETF (RAFE). 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.

	SNPE	RAFE	Difference
Sharpe ratio Return per unit of total volatility	2.68	2.93	-0.25
Sortino ratio Return per unit of downside risk	3.73	4.06	-0.34
Omega ratio Gain probability vs. loss probability	1.48	1.52	-0.04
Calmar ratio Return relative to maximum drawdown	3.47	4.42	-0.95
Martin ratio Return relative to average drawdown	16.08	17.30	-1.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNPE vs. RAFE - Sharpe Ratio Comparison

The current SNPE Sharpe Ratio is 2.68, which is comparable to the RAFE Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of SNPE and RAFE, 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

	SNPE	RAFE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	2.93	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.73	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.65	+0.23

Drawdowns

SNPE vs. RAFE - Drawdown Comparison

The maximum SNPE drawdown since its inception was -33.37%, smaller than the maximum RAFE drawdown of -35.74%. Use the drawdown chart below to compare losses from any high point for SNPE and RAFE.

Drawdown Indicators

	SNPE	RAFE	Difference
Max Drawdown Largest peak-to-trough decline	-33.37%	-35.74%	+2.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	-7.46%	-2.00%
Max Drawdown (3Y) Largest decline over 3 years	-19.15%	-16.36%	-2.79%
Max Drawdown (5Y) Largest decline over 5 years	-24.65%	-24.28%	-0.37%
Current Drawdown Current decline from peak	-0.43%	0.00%	-0.43%
Average Drawdown Average peak-to-trough decline	-4.96%	-6.22%	+1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	1.91%	+0.13%

Volatility

SNPE vs. RAFE - Volatility Comparison

Xtrackers S&P 500 ESG ETF (SNPE) has a higher volatility of 3.21% compared to PIMCO RAFI ESG U.S. ETF (RAFE) at 3.01%. This indicates that SNPE's price experiences larger fluctuations and is considered to be riskier than RAFE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNPE	RAFE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.21%	3.01%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	9.07%	8.27%	+0.80%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	11.33%	+0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.09%	15.08%	+2.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	19.44%	+0.23%

SNPE vs. RAFE - Expense Ratio Comparison

SNPE has a 0.10% expense ratio, which is lower than RAFE's 0.30% expense ratio.

Dividends

SNPE vs. RAFE - Dividend Comparison

SNPE's dividend yield for the trailing twelve months is around 0.91%, less than RAFE's 1.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
RAFE PIMCO RAFI ESG U.S. ETF	1.49%	1.67%	1.79%	1.81%	2.22%	1.42%	2.36%	0.00%
SNPE Xtrackers S&P 500 ESG ETF	0.91%	1.01%	1.17%	1.32%	1.65%	1.08%	1.42%	1.20%

Frequently Asked Questions

Can I hold both SNPE and RAFE in my portfolio?

SNPE and RAFE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNPE or RAFE?

SNPE has higher volatility (3.21%) compared to RAFE (3.01%). In terms of maximum drawdown, SNPE dropped -33.37% vs RAFE's -35.74%.

Which ETF is better, SNPE or RAFE?

On 5-year performance, SNPE leads with 14.83% vs 10.92% for RAFE. On fees, SNPE is cheaper at 0.10% per year. On volatility, RAFE has been the lower-risk option at 3.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNPE or RAFE?

Over the 5-year period, SNPE has performed better with a 14.83% return vs 10.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNPE or RAFE?

SNPE is cheaper with a 0.10% expense ratio, compared with 0.30% for RAFE.

Which ETF pays a higher dividend yield, SNPE or RAFE?

RAFE has the higher dividend yield at 1.49%, compared with 0.91% for SNPE.

What is the main difference between SNPE and RAFE?

SNPE is categorized as S&P 500, while RAFE is Large Cap Blend Equities. SNPE tracks S&P 500 ESG Index, while RAFE tracks RAFI ESG US Index. They also come from different issuers: Deutsche Bank and PIMCO. Their fees differ too: 0.10% for SNPE and 0.30% for RAFE.

Which has better risk-adjusted returns?

RAFE currently has the higher Sharpe Ratio (2.93 vs 2.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.