Correlation
The correlation between SPXS.MI and XSX6.DE is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
SPXS.MI vs. XSX6.DE
Compare and contrast key facts about Invesco S&P 500 UCITS ETF (SPXS.MI) and Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE).
SPXS.MI and XSX6.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPXS.MI is a passively managed fund by Invesco that tracks the performance of the S&P 500 Index. It was launched on Jun 30, 2020. XSX6.DE is a passively managed fund by Xtrackers that tracks the performance of the STOXX® Europe 600. It was launched on Jan 20, 2009. Both SPXS.MI and XSX6.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPXS.MI or XSX6.DE.
Performance
SPXS.MI vs. XSX6.DE - Performance Comparison
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Key characteristics
SPXS.MI:
0.45
XSX6.DE:
0.62
SPXS.MI:
0.72
XSX6.DE:
0.85
SPXS.MI:
1.11
XSX6.DE:
1.12
SPXS.MI:
0.37
XSX6.DE:
0.55
SPXS.MI:
1.17
XSX6.DE:
2.45
SPXS.MI:
7.36%
XSX6.DE:
3.66%
SPXS.MI:
18.89%
XSX6.DE:
15.20%
SPXS.MI:
-33.57%
XSX6.DE:
-36.05%
SPXS.MI:
-11.52%
XSX6.DE:
-0.81%
Returns By Period
In the year-to-date period, SPXS.MI achieves a -8.26% return, which is significantly lower than XSX6.DE's 11.07% return. Over the past 10 years, SPXS.MI has outperformed XSX6.DE with an annualized return of 12.42%, while XSX6.DE has yielded a comparatively lower 6.22% annualized return.
SPXS.MI
-8.26%
6.96%
-8.62%
9.44%
12.14%
15.56%
12.42%
XSX6.DE
11.07%
5.05%
9.91%
8.96%
10.47%
12.45%
6.22%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPXS.MI vs. XSX6.DE - Expense Ratio Comparison
SPXS.MI has a 0.05% expense ratio, which is lower than XSX6.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPXS.MI vs. XSX6.DE — Risk-Adjusted Performance Rank
SPXS.MI
XSX6.DE
SPXS.MI vs. XSX6.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF (SPXS.MI) and Xtrackers STOXX Europe 600 UCITS ETF (XSX6.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.
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Dividends
SPXS.MI vs. XSX6.DE - Dividend Comparison
Neither SPXS.MI nor XSX6.DE has paid dividends to shareholders.
Drawdowns
SPXS.MI vs. XSX6.DE - Drawdown Comparison
The maximum SPXS.MI drawdown since its inception was -33.57%, smaller than the maximum XSX6.DE drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for SPXS.MI and XSX6.DE.
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Volatility
SPXS.MI vs. XSX6.DE - Volatility Comparison
Invesco S&P 500 UCITS ETF (SPXS.MI) has a higher volatility of 5.83% compared to Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) at 3.17%. This indicates that SPXS.MI's price experiences larger fluctuations and is considered to be riskier than XSX6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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