UQAB.DE vs. XDED.DE
UQAB.DE (iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc) and XDED.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 2D) are both S&P 500 funds - UQAB.DE tracks the S&P 500® Paris-Aligned Climate Sustainability Screened while XDED.DE tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past 3 years, UQAB.DE returned 17.31%/yr vs 12.11%/yr for XDED.DE. A 0.72 correlation means they provide meaningful diversification when combined. UQAB.DE charges 0.07%/yr vs 0.20%/yr for XDED.DE.
Performance
UQAB.DE vs. XDED.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UQAB.DE achieves a 7.73% return, which is significantly lower than XDED.DE's 10.41% return.
UQAB.DE
- 1D
- 0.35%
- 1M
- 4.70%
- YTD
- 7.73%
- 6M
- 7.28%
- 1Y
- 19.88%
- 3Y*
- 17.31%
- 5Y*
- —
- 10Y*
- —
XDED.DE
- 1D
- 0.26%
- 1M
- 3.92%
- YTD
- 10.41%
- 6M
- 10.28%
- 1Y
- 18.11%
- 3Y*
- 12.11%
- 5Y*
- —
- 10Y*
- —
UQAB.DE vs. XDED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UQAB.DE iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc | 7.73% | 2.75% | 33.33% | 20.04% |
XDED.DE Xtrackers S&P 500 Equal Weight UCITS ETF 2D | 10.41% | -0.44% | 18.53% | 10.75% |
Correlation
The correlation between UQAB.DE and XDED.DE is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2023 | 0.72 |
The correlation between UQAB.DE and XDED.DE has been stable across timeframes, ranging from 0.67 to 0.72 - a consistent structural relationship.
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
UQAB.DE vs. XDED.DE — Risk / Return Rank
UQAB.DE
XDED.DE
UQAB.DE vs. XDED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc (UQAB.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 2D (XDED.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.
| UQAB.DE | XDED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.30 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 3.46 | -1.37 |
| Martin ratioReturn relative to average drawdown | 7.07 | 10.28 | -3.21 |
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
| UQAB.DE | XDED.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 1.65 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.90 | -0.15 |
Drawdowns
UQAB.DE vs. XDED.DE - Drawdown Comparison
The maximum UQAB.DE drawdown since its inception was -23.20%, roughly equal to the maximum XDED.DE drawdown of -22.63%. Use the drawdown chart below to compare losses from any high point for UQAB.DE and XDED.DE.
Loading charts...
Drawdown Indicators
| UQAB.DE | XDED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.20% | -22.63% | -0.57% |
Max Drawdown (1Y)Largest decline over 1 year | -9.48% | -5.11% | -4.37% |
Max Drawdown (3Y)Largest decline over 3 years | -23.20% | -22.63% | -0.57% |
Current DrawdownCurrent decline from peak | -0.34% | 0.00% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -5.24% | -4.24% | -1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 1.72% | +1.10% |
Volatility
UQAB.DE vs. XDED.DE - Volatility Comparison
iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc (UQAB.DE) has a higher volatility of 2.72% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 2D (XDED.DE) at 2.08%. This indicates that UQAB.DE's price experiences larger fluctuations and is considered to be riskier than XDED.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UQAB.DE | XDED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.72% | 2.08% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 7.96% | 6.76% | +1.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.68% | 10.72% | +0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 13.39% | +2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.55% | 13.39% | +2.16% |
UQAB.DE vs. XDED.DE - Expense Ratio Comparison
UQAB.DE has a 0.07% expense ratio, which is lower than XDED.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%.
Dividends
UQAB.DE vs. XDED.DE - Dividend Comparison
UQAB.DE has not paid dividends to shareholders, while XDED.DE's dividend yield for the trailing twelve months is around 1.25%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
UQAB.DE iShares S&P 500 Paris-Aligned Climate UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% |
XDED.DE Xtrackers S&P 500 Equal Weight UCITS ETF 2D | 1.25% | 1.35% | 1.61% | 0.83% |
Frequently Asked Questions
UQAB.DE and XDED.DE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UQAB.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UQAB.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for XDED.DE.
UQAB.DE tracks S&P 500® Paris-Aligned Climate Sustainability Screened, while XDED.DE tracks S&P 500 Equal Weight Index. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.07% for UQAB.DE and 0.20% for XDED.DE.
Find the right allocation for UQAB.DE and XDED.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