XCS3.DE vs. XNKY.DE
XCS3.DE (Xtrackers MSCI Malaysia UCITS ETF (Acc)) and XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) are both exchange-traded funds - XCS3.DE is a Asia Pacific Equities fund tracking the MSCI Malaysia Index, while XNKY.DE is a Japan Equities fund tracking the Nikkei 225®. Both are passively managed. Over the past 5 years, XCS3.DE returned 5.98%/yr vs 13.08%/yr for XNKY.DE. At a 0.31 correlation, their price movements are largely independent. XCS3.DE charges 0.50%/yr vs 0.09%/yr for XNKY.DE.
Performance
XCS3.DE vs. XNKY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XCS3.DE achieves a 4.19% return, which is significantly lower than XNKY.DE's 36.19% return.
XCS3.DE
- 1D
- 1.39%
- 1M
- -0.08%
- 6M
- 4.28%
- YTD
- 4.19%
- 1Y
- 19.31%
- 3Y*
- 12.77%
- 5Y*
- 5.98%
- 10Y*
- 1.97%
XNKY.DE
- 1D
- 0.00%
- 1M
- 1.43%
- 6M
- 36.04%
- YTD
- 36.19%
- 1Y
- 60.65%
- 3Y*
- 22.64%
- 5Y*
- 13.08%
- 10Y*
- —
XCS3.DE vs. XNKY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XCS3.DE Xtrackers MSCI Malaysia UCITS ETF (Acc) | 4.19% | 3.11% | 26.75% | -7.60% | 1.23% | -1.02% | 3.79% |
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 36.19% | 16.16% | 14.34% | 18.03% | -15.35% | 3.16% | 7.65% |
Correlation
The correlation between XCS3.DE and XNKY.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020 | 0.31 |
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
XCS3.DE vs. XNKY.DE — Risk / Return Rank
XCS3.DE
XNKY.DE
XCS3.DE vs. XNKY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) and Xtrackers Nikkei 225 UCITS ETF (XNKY.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.
| XCS3.DE | XNKY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.40 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 4.69 | -2.24 |
| Martin ratioReturn relative to average drawdown | 6.95 | 14.08 | -7.13 |
Loading charts...
Drawdowns
XCS3.DE vs. XNKY.DE - Drawdown Comparison
The maximum XCS3.DE drawdown since its inception was -43.32%, which is greater than XNKY.DE's maximum drawdown of -21.47%. Use the drawdown chart below to compare losses from any high point for XCS3.DE and XNKY.DE.
Loading charts...
Drawdown Indicators
| XCS3.DE | XNKY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.32% | -21.47% | -21.85% |
Max Drawdown (1Y)Largest decline over 1 year | -7.85% | -12.99% | +5.14% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -20.16% | -1.67% |
Max Drawdown (5Y)Largest decline over 5 years | -21.83% | -21.15% | -0.68% |
Max Drawdown (10Y)Largest decline over 10 years | -35.49% | — | — |
Current DrawdownCurrent decline from peak | -6.19% | -5.73% | -0.46% |
Average DrawdownAverage peak-to-trough decline | -17.45% | -7.80% | -9.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 4.33% | -1.57% |
Volatility
XCS3.DE vs. XNKY.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) is 3.88%, while Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) has a volatility of 9.58%. This indicates that XCS3.DE experiences smaller price fluctuations and is considered to be less risky than XNKY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XCS3.DE | XNKY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 9.58% | -5.70% |
Volatility (6M)Calculated over the trailing 6-month period | 10.90% | 20.53% | -9.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.06% | 25.21% | -11.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.17% | 19.02% | -5.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 18.69% | -3.66% |
XCS3.DE vs. XNKY.DE - Expense Ratio Comparison
XCS3.DE has a 0.50% expense ratio, which is higher than XNKY.DE's 0.09% expense ratio.
Dividends
XCS3.DE vs. XNKY.DE - Dividend Comparison
Neither XCS3.DE nor XNKY.DE has paid dividends to shareholders.
Frequently Asked Questions
XCS3.DE and XNKY.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNKY.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNKY.DE is cheaper with a 0.09% expense ratio, compared with 0.50% for XCS3.DE.
XCS3.DE is categorized as Asia Pacific Equities, while XNKY.DE is Japan Equities. XCS3.DE tracks MSCI Malaysia Index, while XNKY.DE tracks Nikkei 225®. Their fees differ too: 0.50% for XCS3.DE and 0.09% for XNKY.DE.
Find the right allocation for XCS3.DE and XNKY.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