XD3E.L vs. HDEU.L

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D (XD3E.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L).

XD3E.L and HDEU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XD3E.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI EMU NR EUR. It was launched on Jun 1, 2007. HDEU.L is a passively managed fund by Invesco that tracks the performance of the MSCI EMU NR EUR. It was launched on Jan 6, 2016. Both XD3E.L and HDEU.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XD3E.L vs. HDEU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D (XD3E.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L). The values are adjusted to include any dividend payments, if applicable.

XD3E.L vs. HDEU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XD3E.L Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D	3.65%	39.69%	5.83%	15.06%	-4.35%	10.46%	-2.98%	14.79%	-12.15%	15.45%
HDEU.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	7.51%	43.14%	5.17%	11.31%	-3.49%	13.90%	-13.33%	10.68%	-7.27%	14.71%

Different Trading Currencies

XD3E.L is traded in GBp, while HDEU.L is traded in EUR. To make them comparable, the HDEU.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XD3E.L achieves a 3.65% return, which is significantly lower than HDEU.L's 7.51% return. Over the past 10 years, XD3E.L has outperformed HDEU.L with an annualized return of 10.00%, while HDEU.L has yielded a comparatively lower 9.22% annualized return.

XD3E.L

• 1D: 1.18%
• 1M: -2.32%
• YTD: 3.65%
• 6M: 10.34%
• 1Y: 25.12%
• 3Y*: 18.15%
• 5Y*: 12.51%
• 10Y*: 10.00%

HDEU.L

• 1D: 1.81%
• 1M: -0.50%
• YTD: 7.51%
• 6M: 13.18%
• 1Y: 31.54%
• 3Y*: 19.81%
• 5Y*: 13.45%
• 10Y*: 9.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XD3E.L vs. HDEU.L - Expense Ratio Comparison

Both XD3E.L and HDEU.L have an expense ratio of 0.30%.

XD3E.L

Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D

HDEU.L

PowerShares EURO STOXX High Dividend Low Volatility UCITS

Return for Risk

XD3E.L vs. HDEU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XD3E.L

XD3E.L Risk / Return Rank: 84
XD3E.L Sharpe Ratio Rank: 86
XD3E.L Sortino Ratio Rank: 83
XD3E.L Omega Ratio Rank: 87
XD3E.L Calmar Ratio Rank: 82
XD3E.L Martin Ratio Rank: 79

HDEU.L

HDEU.L Risk / Return Rank: 87
HDEU.L Sharpe Ratio Rank: 88
HDEU.L Sortino Ratio Rank: 85
HDEU.L Omega Ratio Rank: 90
HDEU.L Calmar Ratio Rank: 85
HDEU.L Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XD3E.L vs. HDEU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D (XD3E.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L). 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.

	XD3E.L	HDEU.L	Difference
Sharpe ratio Return per unit of total volatility	1.84	2.34	-0.50
Sortino ratio Return per unit of downside risk	2.27	2.95	-0.67
Omega ratio Gain probability vs. loss probability	1.37	1.48	-0.11
Calmar ratio Return relative to maximum drawdown	2.59	3.78	-1.18
Martin ratio Return relative to average drawdown	9.19	14.41	-5.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XD3E.L vs. HDEU.L - Sharpe Ratio Comparison

The current XD3E.L Sharpe Ratio is 1.84, which is comparable to the HDEU.L Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of XD3E.L and HDEU.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XD3E.L	HDEU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	2.34	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.96	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.57	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.59	-0.29

Correlation

The correlation between XD3E.L and HDEU.L is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XD3E.L vs. HDEU.L - Dividend Comparison

XD3E.L's dividend yield for the trailing twelve months is around 4.80%, more than HDEU.L's 4.10% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XD3E.L Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D	4.80%	4.91%	5.50%	4.28%	4.41%	5.88%	5.81%	2.39%	4.49%	2.86%	2.73%	0.14%
HDEU.L PowerShares EURO STOXX High Dividend Low Volatility UCITS	4.10%	4.71%	5.77%	5.56%	5.60%	4.21%	3.04%	4.50%	4.38%	3.44%	3.59%	0.00%

Drawdowns

XD3E.L vs. HDEU.L - Drawdown Comparison

The maximum XD3E.L drawdown since its inception was -60.60%, which is greater than HDEU.L's maximum drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for XD3E.L and HDEU.L.

Drawdown Indicators

	XD3E.L	HDEU.L	Difference
Max Drawdown Largest peak-to-trough decline	-60.60%	-40.22%	-20.38%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-10.85%	+0.64%
Max Drawdown (5Y) Largest decline over 5 years	-21.11%	-22.45%	+1.34%
Max Drawdown (10Y) Largest decline over 10 years	-31.03%	-40.22%	+9.19%
Current Drawdown Current decline from peak	-4.31%	-1.37%	-2.94%
Average Drawdown Average peak-to-trough decline	-12.70%	-5.80%	-6.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	2.18%	+0.70%

Volatility

XD3E.L vs. HDEU.L - Volatility Comparison

Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D (XD3E.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L) have volatilities of 4.51% and 4.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XD3E.L	HDEU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	4.59%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	8.42%	8.28%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	13.75%	13.43%	+0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.94%	13.96%	+1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.30%	16.10%	+3.20%