XCTE.DE vs. XNNV.DE
XCTE.DE (Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C) and XNNV.DE (Xtrackers MSCI Innovation UCITS ETF 1C) are both Technology Equities funds - XCTE.DE tracks the MSCI World/Information Tech NR USD while XNNV.DE tracks the MSCI ACWI IMI Innovation Select ESG Screened 200. Both are passively managed. Over the past 3 years, XCTE.DE returned 10.51%/yr vs 13.35%/yr for XNNV.DE. At a 0.41 correlation, their price movements are largely independent. XCTE.DE charges 0.44%/yr vs 0.30%/yr for XNNV.DE.
Performance
XCTE.DE vs. XNNV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCTE.DE achieves a 5.61% return, which is significantly higher than XNNV.DE's 5.08% return.
XCTE.DE
- 1D
- -0.90%
- 1M
- 3.48%
- YTD
- 5.61%
- 6M
- 6.22%
- 1Y
- 25.79%
- 3Y*
- 10.51%
- 5Y*
- —
- 10Y*
- —
XNNV.DE
- 1D
- 1.03%
- 1M
- 6.57%
- YTD
- 5.08%
- 6M
- 3.95%
- 1Y
- 15.22%
- 3Y*
- 13.35%
- 5Y*
- —
- 10Y*
- —
XCTE.DE vs. XNNV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XCTE.DE Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C | 5.61% | 19.05% | 22.69% | -18.15% | -21.75% |
XNNV.DE Xtrackers MSCI Innovation UCITS ETF 1C | 5.08% | 2.05% | 29.19% | 29.66% | -13.17% |
Correlation
The correlation between XCTE.DE and XNNV.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2022 | 0.41 |
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Return for Risk
XCTE.DE vs. XNNV.DE — Risk / Return Rank
XCTE.DE
XNNV.DE
XCTE.DE vs. XNNV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C (XCTE.DE) and Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.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.
| XCTE.DE | XNNV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.18 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.01 | +0.09 |
| Martin ratioReturn relative to average drawdown | 1.90 | 2.80 | -0.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XCTE.DE | XNNV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 1.03 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.67 | -0.54 |
Drawdowns
XCTE.DE vs. XNNV.DE - Drawdown Comparison
The maximum XCTE.DE drawdown since its inception was -48.80%, which is greater than XNNV.DE's maximum drawdown of -25.90%. Use the drawdown chart below to compare losses from any high point for XCTE.DE and XNNV.DE.
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Drawdown Indicators
| XCTE.DE | XNNV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.80% | -25.90% | -22.90% |
Max Drawdown (1Y)Largest decline over 1 year | -23.30% | -15.02% | -8.28% |
Max Drawdown (3Y)Largest decline over 3 years | -31.31% | -25.90% | -5.41% |
Current DrawdownCurrent decline from peak | -12.95% | -0.91% | -12.04% |
Average DrawdownAverage peak-to-trough decline | -25.74% | -6.64% | -19.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.53% | 5.41% | +8.12% |
Volatility
XCTE.DE vs. XNNV.DE - Volatility Comparison
Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C (XCTE.DE) has a higher volatility of 7.28% compared to Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) at 3.84%. This indicates that XCTE.DE's price experiences larger fluctuations and is considered to be riskier than XNNV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCTE.DE | XNNV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 3.84% | +3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 15.06% | 10.61% | +4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.97% | 14.72% | +15.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.37% | 18.07% | +12.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.37% | 18.07% | +12.30% |
XCTE.DE vs. XNNV.DE - Expense Ratio Comparison
XCTE.DE has a 0.44% expense ratio, which is higher than XNNV.DE's 0.30% expense ratio.
Dividends
XCTE.DE vs. XNNV.DE - Dividend Comparison
Neither XCTE.DE nor XNNV.DE has paid dividends to shareholders.
Frequently Asked Questions
XCTE.DE and XNNV.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNNV.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNNV.DE is cheaper with a 0.30% expense ratio, compared with 0.44% for XCTE.DE.
XCTE.DE tracks MSCI World/Information Tech NR USD, while XNNV.DE tracks MSCI ACWI IMI Innovation Select ESG Screened 200. They also come from different issuers: DWS and Xtrackers. Their fees differ too: 0.44% for XCTE.DE and 0.30% for XNNV.DE.
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