VUSA.DE vs. XZSP.DE

Last updated Jun 5, 2026

VUSA.DE (Vanguard S&P 500 UCITS ETF) and XZSP.DE (Xtrackers S&P 500 ESG UCITS ETF 1C) are both S&P 500 funds - VUSA.DE tracks the S&P 500 Net Total Return while XZSP.DE tracks the S&P 500 ESG. Both are passively managed. Over the past 3 years, VUSA.DE returned 18.87%/yr vs 18.55%/yr for XZSP.DE. With a 0.98 correlation, they move nearly in lockstep. VUSA.DE charges 0.07%/yr vs 0.08%/yr for XZSP.DE.

Performance

VUSA.DE vs. XZSP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard S&P 500 UCITS ETF (VUSA.DE) and Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VUSA.DE having a 11.38% return and XZSP.DE slightly lower at 11.17%.

VUSA.DE

• 1D: -0.12%
• 1M: 4.37%
• YTD: 11.38%
• 6M: 10.86%
• 1Y: 25.53%
• 3Y*: 18.87%
• 5Y*: 14.76%
• 10Y*: —

XZSP.DE

• 1D: 0.61%
• 1M: 4.14%
• YTD: 11.17%
• 6M: 11.15%
• 1Y: 28.53%
• 3Y*: 18.55%
• 5Y*: —
• 10Y*: —

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

VUSA.DE vs. XZSP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VUSA.DE Vanguard S&P 500 UCITS ETF	11.38%	4.74%	32.32%	22.44%	-4.42%
XZSP.DE Xtrackers S&P 500 ESG UCITS ETF 1C	11.17%	5.34%	31.24%	23.89%	-4.47%

Correlation

The correlation between VUSA.DE and XZSP.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022	0.98

The correlation between VUSA.DE and XZSP.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

VUSA.DE vs. XZSP.DE — Risk / Return Rank

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

VUSA.DE

VUSA.DE Risk / Return Rank: 69
VUSA.DE Sharpe Ratio Rank: 68
VUSA.DE Sortino Ratio Rank: 65
VUSA.DE Omega Ratio Rank: 70
VUSA.DE Calmar Ratio Rank: 72
VUSA.DE Martin Ratio Rank: 70

XZSP.DE

XZSP.DE Risk / Return Rank: 79
XZSP.DE Sharpe Ratio Rank: 78
XZSP.DE Sortino Ratio Rank: 76
XZSP.DE Omega Ratio Rank: 78
XZSP.DE Calmar Ratio Rank: 80
XZSP.DE Martin Ratio Rank: 81

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.

VUSA.DE vs. XZSP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 UCITS ETF (VUSA.DE) and Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.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.

	VUSA.DE	XZSP.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.20	2.47	-0.27
Sortino ratio: Return per unit of downside risk	2.99	3.36	-0.37
Omega ratio: Gain probability vs. loss probability	1.41	1.46	-0.05
Calmar ratio: Return relative to maximum drawdown	3.57	4.07	-0.49
Martin ratio: Return relative to average drawdown	12.71	15.72	-3.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUSA.DE vs. XZSP.DE - Sharpe Ratio Comparison

The current VUSA.DE Sharpe Ratio is 2.20, which is comparable to the XZSP.DE Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of VUSA.DE and XZSP.DE, 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

	VUSA.DE	XZSP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	2.47	-0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	1.31	-0.42

Drawdowns

VUSA.DE vs. XZSP.DE - Drawdown Comparison

The maximum VUSA.DE drawdown since its inception was -33.63%, which is greater than XZSP.DE's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for VUSA.DE and XZSP.DE.

Drawdown Indicators

	VUSA.DE	XZSP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.63%	-23.40%	-10.23%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-7.02%	-0.11%
Max Drawdown (3Y) Largest decline over 3 years	-23.24%	-23.40%	+0.16%
Max Drawdown (5Y) Largest decline over 5 years	-23.24%	—	—
Current Drawdown Current decline from peak	-0.44%	0.00%	-0.44%
Average Drawdown Average peak-to-trough decline	-4.40%	-3.09%	-1.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	1.82%	+0.19%

Volatility

VUSA.DE vs. XZSP.DE - Volatility Comparison

Vanguard S&P 500 UCITS ETF (VUSA.DE) and Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.DE) have volatilities of 2.68% and 2.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUSA.DE	XZSP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.68%	2.79%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	7.59%	7.55%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	11.58%	11.55%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	14.26%	+0.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.77%	14.26%	+2.51%

VUSA.DE vs. XZSP.DE - Expense Ratio Comparison

VUSA.DE has a 0.07% expense ratio, which is lower than XZSP.DE's 0.08% 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

VUSA.DE vs. XZSP.DE - Dividend Comparison

VUSA.DE's dividend yield for the trailing twelve months is around 0.87%, while XZSP.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
VUSA.DE Vanguard S&P 500 UCITS ETF	0.87%	0.97%	1.00%	1.25%	1.45%	1.02%	1.43%	1.45%	1.74%	0.41%
XZSP.DE Xtrackers S&P 500 ESG UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VUSA.DE and XZSP.DE in my portfolio?

With a correlation of 0.96, VUSA.DE and XZSP.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VUSA.DE or XZSP.DE?

On fees, VUSA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUSA.DE or XZSP.DE?

VUSA.DE is cheaper with a 0.07% expense ratio, compared with 0.08% for XZSP.DE.

What is the main difference between VUSA.DE and XZSP.DE?

VUSA.DE tracks S&P 500 Net Total Return, while XZSP.DE tracks S&P 500 ESG. They also come from different issuers: Vanguard and Xtrackers. Their fees differ too: 0.07% for VUSA.DE and 0.08% for XZSP.DE.