XCTE.DE vs. XNZE.DE
XCTE.DE (Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C) and XNZE.DE (Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C) are both exchange-traded funds - XCTE.DE is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while XNZE.DE is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 3 years, XCTE.DE returned 10.51%/yr vs 11.48%/yr for XNZE.DE. At a 0.35 correlation, their price movements are largely independent. XCTE.DE charges 0.44%/yr vs 0.15%/yr for XNZE.DE.
Performance
XCTE.DE vs. XNZE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XCTE.DE achieves a 5.61% return, which is significantly lower than XNZE.DE's 9.92% return.
XCTE.DE
- 1D
- -0.90%
- 1M
- 1.62%
- YTD
- 5.61%
- 6M
- 4.97%
- 1Y
- 24.79%
- 3Y*
- 10.51%
- 5Y*
- —
- 10Y*
- —
XNZE.DE
- 1D
- 0.62%
- 1M
- 4.62%
- YTD
- 9.92%
- 6M
- 10.75%
- 1Y
- 14.11%
- 3Y*
- 11.48%
- 5Y*
- —
- 10Y*
- —
XCTE.DE vs. XNZE.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% | -7.69% |
XNZE.DE Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C | 9.92% | 13.33% | 5.47% | 20.66% | -5.06% |
Correlation
The correlation between XCTE.DE and XNZE.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2022 | 0.35 |
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
XCTE.DE vs. XNZE.DE — Risk / Return Rank
XCTE.DE
XNZE.DE
XCTE.DE vs. XNZE.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 EMU Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZE.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 | XNZE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.18 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.25 | -0.15 |
| Martin ratioReturn relative to average drawdown | 1.90 | 4.26 | -2.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XCTE.DE | XNZE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.94 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.65 | -0.52 |
Drawdowns
XCTE.DE vs. XNZE.DE - Drawdown Comparison
The maximum XCTE.DE drawdown since its inception was -48.80%, which is greater than XNZE.DE's maximum drawdown of -18.68%. Use the drawdown chart below to compare losses from any high point for XCTE.DE and XNZE.DE.
Loading charts...
Drawdown Indicators
| XCTE.DE | XNZE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.80% | -18.68% | -30.12% |
Max Drawdown (1Y)Largest decline over 1 year | -23.30% | -11.49% | -11.81% |
Max Drawdown (3Y)Largest decline over 3 years | -31.31% | -17.36% | -13.95% |
Current DrawdownCurrent decline from peak | -12.95% | -0.34% | -12.61% |
Average DrawdownAverage peak-to-trough decline | -25.74% | -4.16% | -21.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.53% | 3.37% | +10.16% |
Volatility
XCTE.DE vs. XNZE.DE - Volatility Comparison
Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C (XCTE.DE) has a higher volatility of 7.28% compared to Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZE.DE) at 5.15%. This indicates that XCTE.DE's price experiences larger fluctuations and is considered to be riskier than XNZE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XCTE.DE | XNZE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 5.15% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 15.06% | 12.62% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.97% | 15.33% | +14.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.37% | 16.84% | +13.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.37% | 16.84% | +13.53% |
XCTE.DE vs. XNZE.DE - Expense Ratio Comparison
XCTE.DE has a 0.44% expense ratio, which is higher than XNZE.DE's 0.15% expense ratio.
Dividends
XCTE.DE vs. XNZE.DE - Dividend Comparison
Neither XCTE.DE nor XNZE.DE has paid dividends to shareholders.
Frequently Asked Questions
XCTE.DE and XNZE.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNZE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNZE.DE is cheaper with a 0.15% expense ratio, compared with 0.44% for XCTE.DE.
XCTE.DE is categorized as Technology Equities, while XNZE.DE is Europe Equities. XCTE.DE tracks MSCI World/Information Tech NR USD, while XNZE.DE tracks MSCI EMU NR EUR. Their fees differ too: 0.44% for XCTE.DE and 0.15% for XNZE.DE.
Find the right allocation for XCTE.DE and XNZE.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