X014.DE vs. DBX8.DE

Last updated Jun 26, 2026

X014.DE (Amundi MSCI Pacific ESG Climate Net Zero Ambition CTB UCITS ETF Dist) and DBX8.DE (Xtrackers MSCI Korea UCITS ETF 1C) are both Asia Pacific Equities funds - X014.DE tracks the MSCI Pacific ESG Broad CTB Select while DBX8.DE tracks the MSCI Korea 20/35 Custom. Both are passively managed. Over the past 10 years, X014.DE returned 8.45%/yr vs 17.46%/yr for DBX8.DE. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.45% expense ratio.

Performance

X014.DE vs. DBX8.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI Pacific ESG Climate Net Zero Ambition CTB UCITS ETF Dist (X014.DE) and Xtrackers MSCI Korea UCITS ETF 1C (DBX8.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, X014.DE achieves a 17.09% return, which is significantly lower than DBX8.DE's 115.11% return. Over the past 10 years, X014.DE has underperformed DBX8.DE with an annualized return of 8.45%, while DBX8.DE has yielded a comparatively higher 17.46% annualized return.

X014.DE

• 1D: 0.62%
• 1M: 4.13%
• YTD: 17.09%
• 6M: 17.23%
• 1Y: 30.14%
• 3Y*: 14.07%
• 5Y*: 7.97%
• 10Y*: 8.45%

DBX8.DE

• 1D: 3.03%
• 1M: 4.98%
• YTD: 115.11%
• 6M: 131.43%
• 1Y: 204.06%
• 3Y*: 47.94%
• 5Y*: 19.82%
• 10Y*: 17.46%

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

X014.DE vs. DBX8.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
X014.DE Amundi MSCI Pacific ESG Climate Net Zero Ambition CTB UCITS ETF Dist	17.09%	9.40%	11.53%	8.83%	-8.81%	10.80%	2.05%	21.84%	-8.83%	9.35%
DBX8.DE Xtrackers MSCI Korea UCITS ETF 1C	115.11%	77.39%	-18.45%	15.93%	-23.79%	-0.74%	30.13%	14.92%	-18.04%	28.39%

Correlation

The correlation between X014.DE and DBX8.DE is 0.50, 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	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Dec 4, 2008	0.57

The correlation between X014.DE and DBX8.DE shifts across timeframes, from 0.47 (3 years) to 0.57 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

X014.DE vs. DBX8.DE — Risk / Return Rank

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

X014.DE

X014.DE Risk / Return Rank: 58
X014.DE Sharpe Ratio Rank: 55
X014.DE Sortino Ratio Rank: 55
X014.DE Omega Ratio Rank: 53
X014.DE Calmar Ratio Rank: 65
X014.DE Martin Ratio Rank: 60

DBX8.DE

DBX8.DE Risk / Return Rank: 96
DBX8.DE Sharpe Ratio Rank: 98
DBX8.DE Sortino Ratio Rank: 95
DBX8.DE Omega Ratio Rank: 95
DBX8.DE Calmar Ratio Rank: 97
DBX8.DE Martin Ratio Rank: 96

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.

X014.DE vs. DBX8.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Pacific ESG Climate Net Zero Ambition CTB UCITS ETF Dist (X014.DE) and Xtrackers MSCI Korea UCITS ETF 1C (DBX8.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	X014.DE	DBX8.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.66	4.92	-3.26
Sortino ratio: Return per unit of downside risk	2.36	4.63	-2.26
Omega ratio: Gain probability vs. loss probability	1.30	1.67	-0.37
Calmar ratio: Return relative to maximum drawdown	2.87	9.57	-6.70
Martin ratio: Return relative to average drawdown	9.61	32.54	-22.93

X014.DE vs. DBX8.DE - Sharpe Ratio Comparison

The current X014.DE Sharpe Ratio is 1.66, which is lower than the DBX8.DE Sharpe Ratio of 4.92. The chart below compares the historical Sharpe Ratios of X014.DE and DBX8.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.

Drawdowns

X014.DE vs. DBX8.DE - Drawdown Comparison

The maximum X014.DE drawdown since its inception was -40.49%, smaller than the maximum DBX8.DE drawdown of -72.94%. Use the drawdown chart below to compare losses from any high point for X014.DE and DBX8.DE.

Drawdown Indicators

	X014.DE	DBX8.DE	Difference
Max Drawdown Largest peak-to-trough decline	-40.49%	-72.94%	+32.45%
Max Drawdown (1Y) Largest decline over 1 year	-10.47%	-21.19%	+10.72%
Max Drawdown (3Y) Largest decline over 3 years	-17.94%	-30.70%	+12.76%
Max Drawdown (5Y) Largest decline over 5 years	-17.94%	-41.29%	+23.35%
Max Drawdown (10Y) Largest decline over 10 years	-29.05%	-41.89%	+12.84%
Current Drawdown Current decline from peak	-1.93%	-5.83%	+3.90%
Average Drawdown Average peak-to-trough decline	-12.28%	-21.84%	+9.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	6.24%	-3.11%

Volatility

X014.DE vs. DBX8.DE - Volatility Comparison

The current volatility for Amundi MSCI Pacific ESG Climate Net Zero Ambition CTB UCITS ETF Dist (X014.DE) is 5.31%, while Xtrackers MSCI Korea UCITS ETF 1C (DBX8.DE) has a volatility of 18.67%. This indicates that X014.DE experiences smaller price fluctuations and is considered to be less risky than DBX8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	X014.DE	DBX8.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	18.67%	-13.36%
Volatility (6M) Calculated over the trailing 6-month period	13.46%	37.16%	-23.70%
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	41.21%	-23.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.56%	26.75%	-11.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.66%	25.37%	-9.71%

X014.DE vs. DBX8.DE - Expense Ratio Comparison

Both X014.DE and DBX8.DE have an expense ratio of 0.45%.

Dividends

X014.DE vs. DBX8.DE - Dividend Comparison

X014.DE's dividend yield for the trailing twelve months is around 1.57%, while DBX8.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBX8.DE Xtrackers MSCI Korea UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
X014.DE Amundi MSCI Pacific ESG Climate Net Zero Ambition CTB UCITS ETF Dist	1.57%	1.84%	2.13%	1.85%	2.23%	1.47%	1.79%	2.06%	2.15%

Frequently Asked Questions

Can I hold both X014.DE and DBX8.DE in my portfolio?

X014.DE and DBX8.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, X014.DE or DBX8.DE?

Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, X014.DE or DBX8.DE?

X014.DE and DBX8.DE have the same expense ratio: 0.45% per year.

What is the main difference between X014.DE and DBX8.DE?

X014.DE tracks MSCI Pacific ESG Broad CTB Select, while DBX8.DE tracks MSCI Korea 20/35 Custom. They also come from different issuers: Amundi and Xtrackers.