XB4A.DE vs. MVEE.DE
XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) and MVEE.DE (iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc)) are both Europe Equities funds - XB4A.DE tracks the ATX Index while MVEE.DE tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, XB4A.DE returned 17.96%/yr vs 6.33%/yr for MVEE.DE. A 0.60 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
XB4A.DE vs. MVEE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XB4A.DE achieves a 26.47% return, which is significantly higher than MVEE.DE's 9.62% 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%
MVEE.DE
- 1D
- 0.57%
- 1M
- 4.22%
- 6M
- 9.21%
- YTD
- 9.62%
- 1Y
- 12.53%
- 3Y*
- 10.05%
- 5Y*
- 6.33%
- 10Y*
- —
XB4A.DE vs. MVEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 26.47% | 51.29% | 11.01% | 14.27% | -16.45% | 42.39% | 41.22% |
MVEE.DE iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) | 9.62% | 8.71% | 8.75% | 12.46% | -15.04% | 23.79% | 13.95% |
Correlation
The correlation between XB4A.DE and MVEE.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2020 | 0.60 |
The correlation between XB4A.DE and MVEE.DE shifts across timeframes, from 0.46 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.
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. MVEE.DE — Risk / Return Rank
XB4A.DE
MVEE.DE
XB4A.DE vs. MVEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) and iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.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 | MVEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.69 | ||
| Sortino ratioReturn per unit of downside risk | +2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.23 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 4.73 | 1.69 | +3.04 |
| Martin ratioReturn relative to average drawdown | 16.12 | 5.83 | +10.30 |
Loading charts...
Drawdowns
XB4A.DE vs. MVEE.DE - Drawdown Comparison
The maximum XB4A.DE drawdown since its inception was -53.54%, which is greater than MVEE.DE's maximum drawdown of -20.19%. Use the drawdown chart below to compare losses from any high point for XB4A.DE and MVEE.DE.
Loading charts...
Drawdown Indicators
| XB4A.DE | MVEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.54% | -20.19% | -33.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.88% | -7.40% | -3.48% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -12.19% | -4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -32.50% | -20.19% | -12.31% |
Max Drawdown (10Y)Largest decline over 10 years | -53.54% | — | — |
Current DrawdownCurrent decline from peak | -0.54% | 0.00% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -4.48% | -5.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 2.15% | +1.05% |
Volatility
XB4A.DE vs. MVEE.DE - Volatility Comparison
Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) has a higher volatility of 6.08% compared to iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) at 2.62%. This indicates that XB4A.DE's price experiences larger fluctuations and is considered to be riskier than MVEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XB4A.DE | MVEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 2.62% | +3.46% |
Volatility (6M)Calculated over the trailing 6-month period | 14.73% | 8.34% | +6.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.53% | 10.00% | +7.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.15% | 12.10% | +7.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.21% | 12.47% | +7.74% |
XB4A.DE vs. MVEE.DE - Expense Ratio Comparison
Both XB4A.DE and MVEE.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XB4A.DE vs. MVEE.DE - Dividend Comparison
Neither XB4A.DE nor MVEE.DE has paid dividends to shareholders.
Frequently Asked Questions
XB4A.DE and MVEE.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XB4A.DE and MVEE.DE have the same expense ratio: 0.25% per year.
XB4A.DE tracks ATX Index, while MVEE.DE tracks MSCI Europe NR EUR. They also come from different issuers: Xtrackers and iShares.
Find the right allocation for XB4A.DE and MVEE.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