XB4A.DE vs. XSXE.DE
XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) and XSXE.DE (Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc)) are both Europe Equities funds from Xtrackers - XB4A.DE tracks the ATX Index while XSXE.DE tracks the STOXX Europe 600 Index (EUR Hedged). Both are passively managed. Over the past 5 years, XB4A.DE returned 18.18%/yr vs 9.59%/yr for XSXE.DE. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
XB4A.DE vs. XSXE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XB4A.DE achieves a 24.81% return, which is significantly higher than XSXE.DE's 9.79% return.
XB4A.DE
- 1D
- -0.62%
- 1M
- 1.14%
- 6M
- 22.10%
- YTD
- 24.81%
- 1Y
- 48.60%
- 3Y*
- 31.52%
- 5Y*
- 18.18%
- 10Y*
- 14.71%
XSXE.DE
- 1D
- 0.00%
- 1M
- 1.08%
- 6M
- 6.63%
- YTD
- 9.79%
- 1Y
- 20.04%
- 3Y*
- 14.32%
- 5Y*
- 9.59%
- 10Y*
- —
XB4A.DE vs. XSXE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 24.81% | 51.29% | 11.01% | 14.27% | -16.45% | 42.39% | -10.86% | 19.79% | -15.15% |
XSXE.DE Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) | 9.79% | 21.25% | 7.59% | 14.31% | -9.71% | 21.70% | -0.75% | 25.76% | -10.80% |
Correlation
The correlation between XB4A.DE and XSXE.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2018 | 0.74 |
The correlation between XB4A.DE and XSXE.DE has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.
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Return for Risk
XB4A.DE vs. XSXE.DE — Risk / Return Rank
XB4A.DE
XSXE.DE
XB4A.DE vs. XSXE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) and Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.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 | XSXE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.30 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.44 | 2.09 | +2.36 |
| Martin ratioReturn relative to average drawdown | 15.07 | 8.01 | +7.05 |
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Drawdowns
XB4A.DE vs. XSXE.DE - Drawdown Comparison
The maximum XB4A.DE drawdown since its inception was -53.54%, which is greater than XSXE.DE's maximum drawdown of -33.65%. Use the drawdown chart below to compare losses from any high point for XB4A.DE and XSXE.DE.
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Drawdown Indicators
| XB4A.DE | XSXE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.54% | -33.65% | -19.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.88% | -9.56% | -1.32% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -14.83% | -1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -32.50% | -20.30% | -12.20% |
Max Drawdown (10Y)Largest decline over 10 years | -53.54% | — | — |
Current DrawdownCurrent decline from peak | -1.85% | -1.70% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -9.88% | -4.63% | -5.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 2.50% | +0.72% |
Volatility
XB4A.DE vs. XSXE.DE - Volatility Comparison
Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) has a higher volatility of 5.22% compared to Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) at 3.24%. This indicates that XB4A.DE's price experiences larger fluctuations and is considered to be riskier than XSXE.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 | XSXE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 3.24% | +1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 14.88% | 10.73% | +4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.61% | 12.68% | +4.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.15% | 14.07% | +5.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.15% | 15.81% | +4.34% |
XB4A.DE vs. XSXE.DE - Expense Ratio Comparison
Both XB4A.DE and XSXE.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. XSXE.DE - Dividend Comparison
Neither XB4A.DE nor XSXE.DE has paid dividends to shareholders.
Frequently Asked Questions
XB4A.DE and XSXE.DE have a correlation of 0.74, 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 XSXE.DE have the same expense ratio: 0.25% per year.
XB4A.DE tracks ATX Index, while XSXE.DE tracks STOXX Europe 600 Index (EUR Hedged).
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