SNPG vs. XOEX

Last updated Jun 5, 2026

SNPG (Xtrackers S&P 500 Growth ESG ETF) and XOEX (Xtrackers S&P 100 Ex Top 20 ETF) are both exchange-traded funds - SNPG is a Large Cap Growth Equities fund tracking the S&P 500 Growth ESG Index, while XOEX is a Large Cap Blend Equities fund tracking the S&P 100 Ex-Top 20 Select Index. Both are passively managed. Over the past 3 years, SNPG returned 25.37%/yr vs 18.83%/yr for XOEX. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.

Performance

SNPG vs. XOEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 Growth ESG ETF (SNPG) and Xtrackers S&P 100 Ex Top 20 ETF (XOEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNPG achieves a 11.36% return, which is significantly higher than XOEX's 10.76% return.

SNPG

• 1D: 0.56%
• 1M: 9.28%
• YTD: 11.36%
• 6M: 11.71%
• 1Y: 29.68%
• 3Y*: 25.37%
• 5Y*: —
• 10Y*: —

XOEX

• 1D: 0.97%
• 1M: 6.39%
• YTD: 10.76%
• 6M: 11.81%
• 1Y: 29.56%
• 3Y*: 18.83%
• 5Y*: —
• 10Y*: —

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

SNPG vs. XOEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SNPG Xtrackers S&P 500 Growth ESG ETF	11.36%	18.22%	33.99%	38.45%	1.81%
XOEX Xtrackers S&P 100 Ex Top 20 ETF	10.76%	18.97%	12.07%	15.99%	2.98%

Correlation

The correlation between SNPG and XOEX is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022	0.66

The correlation between SNPG and XOEX has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.

SNPG vs. XOEX - Sectors Allocation Comparison

Sectors	SNPG	XOEX
Technology	36.1%	26.7%
Communication Services	19.4%	5.1%
Financial Services	12.8%	15.5%
Industrials	10.5%	14.6%
Healthcare	9.6%	16.7%
Consumer Cyclical	9.4%	4.8%
Real Estate	2.2%	1.1%
Basic Materials	1.1%	1.7%
Consumer Defensive	0.0%	7.7%
Energy	0.0%	3.4%
Utilities	0.0%	2.6%

Return for Risk

SNPG vs. XOEX — Risk / Return Rank

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

SNPG

SNPG Risk / Return Rank: 59
SNPG Sharpe Ratio Rank: 65
SNPG Sortino Ratio Rank: 66
SNPG Omega Ratio Rank: 62
SNPG Calmar Ratio Rank: 47
SNPG Martin Ratio Rank: 55

XOEX

XOEX Risk / Return Rank: 83
XOEX Sharpe Ratio Rank: 84
XOEX Sortino Ratio Rank: 87
XOEX Omega Ratio Rank: 82
XOEX Calmar Ratio Rank: 80
XOEX Martin Ratio Rank: 82

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.

SNPG vs. XOEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Growth ESG ETF (SNPG) and Xtrackers S&P 100 Ex Top 20 ETF (XOEX). 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.

	SNPG	XOEX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.71	-0.58
Sortino ratio: Return per unit of downside risk	3.02	3.87	-0.85
Omega ratio: Gain probability vs. loss probability	1.37	1.48	-0.11
Calmar ratio: Return relative to maximum drawdown	2.27	4.06	-1.79
Martin ratio: Return relative to average drawdown	9.43	16.22	-6.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNPG vs. XOEX - Sharpe Ratio Comparison

The current SNPG Sharpe Ratio is 2.12, which is comparable to the XOEX Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of SNPG and XOEX, 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

	SNPG	XOEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	2.71	-0.58
Sharpe Ratio (All Time) Calculated using the full available price history	1.63	1.29	+0.33

Drawdowns

SNPG vs. XOEX - Drawdown Comparison

The maximum SNPG drawdown since its inception was -21.69%, which is greater than XOEX's maximum drawdown of -14.68%. Use the drawdown chart below to compare losses from any high point for SNPG and XOEX.

Drawdown Indicators

	SNPG	XOEX	Difference
Max Drawdown Largest peak-to-trough decline	-21.69%	-14.68%	-7.01%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-7.31%	-5.81%
Max Drawdown (3Y) Largest decline over 3 years	-21.69%	-14.68%	-7.01%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.53%	-2.64%	+0.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	1.83%	+1.32%

Volatility

SNPG vs. XOEX - Volatility Comparison

Xtrackers S&P 500 Growth ESG ETF (SNPG) has a higher volatility of 4.71% compared to Xtrackers S&P 100 Ex Top 20 ETF (XOEX) at 3.19%. This indicates that SNPG's price experiences larger fluctuations and is considered to be riskier than XOEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNPG	XOEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	3.19%	+1.52%
Volatility (6M) Calculated over the trailing 6-month period	11.43%	8.34%	+3.09%
Volatility (1Y) Calculated over the trailing 1-year period	14.05%	10.97%	+3.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.00%	13.42%	+4.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.00%	13.42%	+4.58%

SNPG vs. XOEX - Expense Ratio Comparison

Both SNPG and XOEX have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SNPG vs. XOEX - Dividend Comparison

SNPG's dividend yield for the trailing twelve months is around 0.46%, less than XOEX's 1.58% yield.

Position	TTM	2025	2024	2023	2022
SNPG Xtrackers S&P 500 Growth ESG ETF	0.46%	0.49%	0.57%	0.95%	0.20%
XOEX Xtrackers S&P 100 Ex Top 20 ETF	1.58%	1.95%	2.09%	1.72%	0.42%

Frequently Asked Questions

Can I hold both SNPG and XOEX in my portfolio?

SNPG and XOEX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNPG or XOEX?

SNPG has higher volatility (4.71%) compared to XOEX (3.19%). In terms of maximum drawdown, SNPG dropped -21.69% vs XOEX's -14.68%.

Which ETF is better, SNPG or XOEX?

On 3-year performance, SNPG leads with 25.37% vs 18.83% for XOEX. Both ETFs have the same 0.15% expense ratio. On volatility, XOEX has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNPG or XOEX?

Over the 3-year period, SNPG has performed better with a 25.37% return vs 18.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNPG or XOEX?

SNPG and XOEX have the same expense ratio: 0.15% per year.

Which ETF pays a higher dividend yield, SNPG or XOEX?

XOEX has the higher dividend yield at 1.58%, compared with 0.46% for SNPG.

What is the main difference between SNPG and XOEX?

SNPG is categorized as Large Cap Growth Equities, while XOEX is Large Cap Blend Equities. SNPG tracks S&P 500 Growth ESG Index, while XOEX tracks S&P 100 Ex-Top 20 Select Index.

Which has better risk-adjusted returns?

XOEX currently has the higher Sharpe Ratio (2.71 vs 2.12), 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.