XB4A.DE vs. FTGG.DE

Last updated Aug 4, 2026

XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) and FTGG.DE (First Trust Germany AlphaDEX UCITS ETF) are both Europe Equities funds - XB4A.DE tracks the ATX Index while FTGG.DE tracks the Nasdaq AlphaDEX Germany NTR Index. Both are passively managed. Over the past 10 years, XB4A.DE returned 14.87%/yr vs 7.07%/yr for FTGG.DE. Their 0.70 correlation means they have sometimes moved together and sometimes differently. XB4A.DE charges 0.25%/yr vs 0.65%/yr for FTGG.DE.

Performance

XB4A.DE vs. FTGG.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) and First Trust Germany AlphaDEX UCITS ETF (FTGG.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XB4A.DE achieves a 26.95% return, which is significantly higher than FTGG.DE's 5.17% return. Over the past 10 years, XB4A.DE has outperformed FTGG.DE with an annualized return of 14.87%, while FTGG.DE has yielded a comparatively lower 7.07% annualized return.

XB4A.DE

• 1D: 1.82%
• 1M: 0.38%
• 6M: 19.18%
• YTD: 26.95%
• 1Y: 51.55%
• 3Y*: 31.73%
• 5Y*: 17.66%
• 10Y*: 14.87%
• ALL TIME*: 11.70%

FTGG.DE

• 1D: 0.98%
• 1M: -3.57%
• 6M: -1.98%
• YTD: 5.17%
• 1Y: 17.94%
• 3Y*: 17.63%
• 5Y*: 5.15%
• 10Y*: 7.07%
• ALL TIME*: 7.24%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTGG.DE First Trust Germany AlphaDEX UCITS ETF	€5.39K	€15.72K	€35.66K
XB4A.DE Xtrackers ATX UCITS ETF (Acc)	€328.27K	€331.20K	€348.45K

XB4A.DE vs. FTGG.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XB4A.DE Xtrackers ATX UCITS ETF (Acc)	26.95%	51.29%	11.01%	14.27%	-16.45%	42.39%	-10.86%	19.79%	-17.99%	32.88%
FTGG.DE First Trust Germany AlphaDEX UCITS ETF	5.17%	44.59%	8.23%	8.38%	-26.44%	13.79%	7.27%	21.38%	-23.36%	26.41%

Correlation

The correlation between XB4A.DE and FTGG.DE is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.73
Correlation (3Y) Balances recent behavior with more history.	0.70
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (10Y) Provides a long-term view across more market conditions.	0.69
Correlation (All Time) Calculated using the full available price history since Apr 1, 2016	0.70

The correlation between XB4A.DE and FTGG.DE has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.

Return for Risk

XB4A.DE vs. FTGG.DE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XB4A.DE

XB4A.DE Risk / Return Rank: 93
XB4A.DE Sharpe Ratio Rank: 95
XB4A.DE Sortino Ratio Rank: 94
XB4A.DE Omega Ratio Rank: 92
XB4A.DE Calmar Ratio Rank: 93
XB4A.DE Martin Ratio Rank: 90

FTGG.DE

FTGG.DE Risk / Return Rank: 34
FTGG.DE Sharpe Ratio Rank: 34
FTGG.DE Sortino Ratio Rank: 34
FTGG.DE Omega Ratio Rank: 34
FTGG.DE Calmar Ratio Rank: 33
FTGG.DE Martin Ratio Rank: 34

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XB4A.DE vs. FTGG.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) and First Trust Germany AlphaDEX UCITS ETF (FTGG.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.

	XB4A.DE	FTGG.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.88	0.92	+1.96
Sortino ratio: Return per unit of downside risk	4.04	1.40	+2.63
Omega ratio: Gain probability vs. loss probability	1.48	1.18	+0.30
Calmar ratio: Return relative to maximum drawdown	4.71	1.22	+3.49
Martin ratio: Return relative to average drawdown	15.75	3.57	+12.18

XB4A.DE vs. FTGG.DE - Sharpe Ratio Comparison

The current XB4A.DE Sharpe Ratio is 2.88, which is higher than the FTGG.DE Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of XB4A.DE and FTGG.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

XB4A.DE vs. FTGG.DE - Drawdown Comparison

The maximum XB4A.DE drawdown since its inception was -53.54%, smaller than the maximum FTGG.DE drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for XB4A.DE and FTGG.DE.

Drawdown Indicators

	XB4A.DE	FTGG.DE	Difference
Max Drawdown Largest peak-to-trough decline	-53.54%	-99.97%	+46.43%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-14.61%	+3.73%
Max Drawdown (3Y) Largest decline over 3 years	-16.26%	-16.18%	-0.08%
Max Drawdown (5Y) Largest decline over 5 years	-32.50%	-38.87%	+6.37%
Max Drawdown (10Y) Largest decline over 10 years	-53.54%	-99.97%	+46.43%
Current Drawdown Current decline from peak	-0.16%	-5.37%	+5.21%
Average Drawdown Average peak-to-trough decline	-9.86%	-12.55%	+2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	5.02%	-1.76%

Volatility

XB4A.DE vs. FTGG.DE - Volatility Comparison

Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) and First Trust Germany AlphaDEX UCITS ETF (FTGG.DE) have volatilities of 5.01% and 4.81%, 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

	XB4A.DE	FTGG.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.01%	4.81%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	14.95%	16.86%	-1.91%
Volatility (1Y) Calculated over the trailing 1-year period	17.87%	19.44%	-1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.15%	19.06%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.17%	69,403.84%	-69,383.67%

XB4A.DE vs. FTGG.DE - Expense Ratio Comparison

XB4A.DE has a 0.25% expense ratio, which is lower than FTGG.DE's 0.65% expense ratio.

Dividends

XB4A.DE vs. FTGG.DE - Dividend Comparison

XB4A.DE has not paid dividends to shareholders, while FTGG.DE's dividend yield for the trailing twelve months is around 1.54%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FTGG.DE First Trust Germany AlphaDEX UCITS ETF	1.54%	1.53%	2.24%	2.85%	3.10%	1.03%	0.58%	0.05%
XB4A.DE Xtrackers ATX UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XB4A.DE and FTGG.DE in my portfolio?

XB4A.DE and FTGG.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XB4A.DE or FTGG.DE?

On fees, XB4A.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XB4A.DE or FTGG.DE?

XB4A.DE is cheaper with a 0.25% expense ratio, compared with 0.65% for FTGG.DE.

What is the main difference between XB4A.DE and FTGG.DE?

XB4A.DE tracks ATX Index, while FTGG.DE tracks Nasdaq AlphaDEX Germany NTR Index. They also come from different issuers: Xtrackers and First Trust. Their fees differ too: 0.25% for XB4A.DE and 0.65% for FTGG.DE.