XB4A.DE vs. MIVA.DE
XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) and MIVA.DE (Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C)) are both Europe Equities funds - XB4A.DE tracks the ATX Index while MIVA.DE tracks the MSCI Europe Minimum Volatility. Both are passively managed. Over the past 10 years, XB4A.DE returned 15.98%/yr vs 7.04%/yr for MIVA.DE. A 0.57 correlation means they provide meaningful diversification when combined. XB4A.DE charges 0.25%/yr vs 0.23%/yr for MIVA.DE.
Performance
XB4A.DE vs. MIVA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XB4A.DE achieves a 26.47% return, which is significantly higher than MIVA.DE's 8.73% return. Over the past 10 years, XB4A.DE has outperformed MIVA.DE with an annualized return of 15.98%, while MIVA.DE has yielded a comparatively lower 7.04% annualized return.
XB4A.DE
- 1D
- 1.02%
- 1M
- 8.17%
- 6M
- 25.41%
- YTD
- 26.47%
- 1Y
- 51.75%
- 3Y*
- 31.70%
- 5Y*
- 17.96%
- 10Y*
- 15.98%
MIVA.DE
- 1D
- 0.27%
- 1M
- 3.84%
- 6M
- 8.66%
- YTD
- 8.73%
- 1Y
- 11.37%
- 3Y*
- 11.62%
- 5Y*
- 7.26%
- 10Y*
- 7.04%
XB4A.DE vs. MIVA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 26.47% | 51.29% | 11.01% | 14.27% | -16.45% | 42.39% | -10.86% | 19.79% | -17.99% | 32.88% |
MIVA.DE Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) | 8.73% | 12.05% | 11.43% | 10.68% | -13.34% | 21.25% | -4.14% | 24.17% | -4.44% | 9.03% |
Correlation
The correlation between XB4A.DE and MIVA.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2014 | 0.57 |
The correlation between XB4A.DE and MIVA.DE shifts across timeframes, from 0.44 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XB4A.DE vs. MIVA.DE — Risk / Return Rank
XB4A.DE
MIVA.DE
XB4A.DE vs. MIVA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) and Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.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 | MIVA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.66 | ||
| Sortino ratioReturn per unit of downside risk | +2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.24 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.73 | 1.63 | +3.10 |
| Martin ratioReturn relative to average drawdown | 16.12 | 4.89 | +11.23 |
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Drawdowns
XB4A.DE vs. MIVA.DE - Drawdown Comparison
The maximum XB4A.DE drawdown since its inception was -53.54%, which is greater than MIVA.DE's maximum drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for XB4A.DE and MIVA.DE.
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Drawdown Indicators
| XB4A.DE | MIVA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.54% | -30.57% | -22.97% |
Max Drawdown (1Y)Largest decline over 1 year | -10.88% | -6.94% | -3.94% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -11.02% | -5.24% |
Max Drawdown (5Y)Largest decline over 5 years | -32.50% | -19.69% | -12.81% |
Max Drawdown (10Y)Largest decline over 10 years | -53.54% | -30.57% | -22.97% |
Current DrawdownCurrent decline from peak | -0.54% | -0.07% | -0.47% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -4.86% | -5.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 2.32% | +0.88% |
Volatility
XB4A.DE vs. MIVA.DE - Volatility Comparison
Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) has a higher volatility of 6.08% compared to Amundi MSCI Europe Minimum Volatility Factor UCITS ETF EUR (C) (MIVA.DE) at 2.28%. This indicates that XB4A.DE's price experiences larger fluctuations and is considered to be riskier than MIVA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XB4A.DE | MIVA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 2.28% | +3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 14.73% | 7.43% | +7.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.53% | 8.87% | +8.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.15% | 10.97% | +8.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.21% | 12.03% | +8.18% |
XB4A.DE vs. MIVA.DE - Expense Ratio Comparison
XB4A.DE has a 0.25% expense ratio, which is higher than MIVA.DE's 0.23% 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. MIVA.DE - Dividend Comparison
Neither XB4A.DE nor MIVA.DE has paid dividends to shareholders.
Frequently Asked Questions
XB4A.DE and MIVA.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MIVA.DE is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MIVA.DE is cheaper with a 0.23% expense ratio, compared with 0.25% for XB4A.DE.
XB4A.DE tracks ATX Index, while MIVA.DE tracks MSCI Europe Minimum Volatility. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XB4A.DE and 0.23% for MIVA.DE.
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