XB4A.DE vs. H4ZA.DE
XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) and H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) are both Europe Equities funds - XB4A.DE tracks the ATX Index while H4ZA.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, XB4A.DE returned 14.87%/yr vs 11.22%/yr for H4ZA.DE. Their 0.72 correlation means they have sometimes moved together and sometimes differently. XB4A.DE charges 0.25%/yr vs 0.05%/yr for H4ZA.DE.
Performance
XB4A.DE vs. H4ZA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XB4A.DE achieves a 26.95% return, which is significantly higher than H4ZA.DE's 13.38% return. Over the past 10 years, XB4A.DE has outperformed H4ZA.DE with an annualized return of 14.87%, while H4ZA.DE has yielded a comparatively lower 11.22% 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%
H4ZA.DE
- 1D
- 1.21%
- 1M
- 0.50%
- 6M
- 9.25%
- YTD
- 13.38%
- 1Y
- 27.80%
- 3Y*
- 17.32%
- 5Y*
- 12.46%
- 10Y*
- 11.22%
- ALL TIME*
- 8.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| €589.09K | €619.32K | €1.19M | |
| €328.27K | €331.20K | €348.45K |
XB4A.DE vs. H4ZA.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% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 13.38% | 22.26% | 11.06% | 22.59% | -8.87% | 23.72% | -2.73% | 30.04% | -11.95% | 10.07% |
Correlation
The correlation between XB4A.DE and H4ZA.DE is 0.75, 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. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.71 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2011 | 0.72 |
The correlation between XB4A.DE and H4ZA.DE has been stable across timeframes, ranging from 0.71 to 0.75 - 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
XB4A.DE vs. H4ZA.DE — Risk / Return Rank
XB4A.DE
H4ZA.DE
XB4A.DE vs. H4ZA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) and HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.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 | H4ZA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.32 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.71 | 2.52 | +2.19 |
| Martin ratioReturn relative to average drawdown | 15.75 | 8.84 | +6.91 |
Loading charts...
Drawdowns
XB4A.DE vs. H4ZA.DE - Drawdown Comparison
The maximum XB4A.DE drawdown since its inception was -53.54%, which is greater than H4ZA.DE's maximum drawdown of -38.40%. Use the drawdown chart below to compare losses from any high point for XB4A.DE and H4ZA.DE.
Loading charts...
Drawdown Indicators
| XB4A.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.54% | -38.40% | -15.14% |
Max Drawdown (1Y)Largest decline over 1 year | -10.88% | -10.97% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -16.39% | +0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -32.50% | -23.26% | -9.24% |
Max Drawdown (10Y)Largest decline over 10 years | -53.54% | -38.40% | -15.14% |
Current DrawdownCurrent decline from peak | -0.16% | 0.00% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -9.86% | -7.17% | -2.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 3.14% | +0.12% |
Volatility
XB4A.DE vs. H4ZA.DE - Volatility Comparison
Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) has a higher volatility of 5.01% compared to HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) at 4.20%. This indicates that XB4A.DE's price experiences larger fluctuations and is considered to be riskier than H4ZA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XB4A.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.01% | 4.20% | +0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 14.95% | 13.46% | +1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.87% | 15.84% | +2.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.15% | 17.50% | +1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.17% | 17.82% | +2.35% |
XB4A.DE vs. H4ZA.DE - Expense Ratio Comparison
XB4A.DE has a 0.25% expense ratio, which is higher than H4ZA.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XB4A.DE vs. H4ZA.DE - Dividend Comparison
XB4A.DE has not paid dividends to shareholders, while H4ZA.DE's dividend yield for the trailing twelve months is around 2.31%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 2.31% | 2.49% | 2.89% | 2.93% | 2.94% | 1.94% | 2.06% | 2.84% | 3.55% | 2.73% | 2.85% | 2.70% |
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XB4A.DE and H4ZA.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4ZA.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZA.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for XB4A.DE.
XB4A.DE tracks ATX Index, while H4ZA.DE tracks EURO STOXX® 50. They also come from different issuers: Xtrackers and HSBC. Their fees differ too: 0.25% for XB4A.DE and 0.05% for H4ZA.DE.
Find the right allocation for XB4A.DE and H4ZA.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