XD3E.L vs. SX5S.L

Last updated Jun 5, 2026

XD3E.L (Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D) and SX5S.L (Invesco EURO STOXX 50 UCITS ETF) are both Europe Equities funds tracking the MSCI EMU NR EUR, from Xtrackers and Invesco respectively. Both are passively managed. Over the past 10 years, XD3E.L returned 5.77%/yr vs 11.41%/yr for SX5S.L. A 0.55 correlation means they provide meaningful diversification when combined. XD3E.L charges 0.30%/yr vs 0.05%/yr for SX5S.L.

Performance

XD3E.L vs. SX5S.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 Invesco EURO STOXX 50 UCITS ETF (SX5S.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XD3E.L achieves a 7.41% return, which is significantly higher than SX5S.L's 6.46% return. Over the past 10 years, XD3E.L has underperformed SX5S.L with an annualized return of 5.77%, while SX5S.L has yielded a comparatively higher 11.41% annualized return.

XD3E.L

• 1D: 0.06%
• 1M: 2.98%
• YTD: 7.41%
• 6M: 9.39%
• 1Y: 16.75%
• 3Y*: 13.60%
• 5Y*: 7.05%
• 10Y*: 5.77%

SX5S.L

• 1D: 0.35%
• 1M: 4.85%
• YTD: 6.46%
• 6M: 7.51%
• 1Y: 18.61%
• 3Y*: 15.51%
• 5Y*: 11.51%
• 10Y*: 11.41%

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

XD3E.L vs. SX5S.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	7.41%	32.73%	0.31%	10.10%	-8.51%	4.29%	-9.42%	11.99%	-15.61%	11.95%
SX5S.L Invesco EURO STOXX 50 UCITS ETF	6.46%	27.68%	6.13%	19.91%	-3.67%	14.48%	2.12%	23.51%	-10.62%	14.35%

Correlation

The correlation between XD3E.L and SX5S.L is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Sep 8, 2014	0.55

The correlation between XD3E.L and SX5S.L shifts across timeframes, from 0.55 (all time) to 0.73 (3 years), reflecting how their relationship changes across market environments.

XD3E.L vs. SX5S.L - Sectors Allocation Comparison

Sectors	XD3E.L	SX5S.L
Financial Services	30.2%	25.1%
Energy	14.8%	5.2%
Consumer Cyclical	13.7%	9.8%
Consumer Defensive	8.4%	5.5%
Industrials	8.1%	22.1%
Utilities	7.9%	4.8%
Basic Materials	7.5%	3.7%
Healthcare	4.3%	5.4%
Real Estate	3.5%	-
Technology	1.7%	16.1%
Communication Services	0.0%	2.3%

Return for Risk

XD3E.L vs. SX5S.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: 39
XD3E.L Sharpe Ratio Rank: 42
XD3E.L Sortino Ratio Rank: 37
XD3E.L Omega Ratio Rank: 43
XD3E.L Calmar Ratio Rank: 38
XD3E.L Martin Ratio Rank: 35

SX5S.L

SX5S.L Risk / Return Rank: 35
SX5S.L Sharpe Ratio Rank: 35
SX5S.L Sortino Ratio Rank: 35
SX5S.L Omega Ratio Rank: 35
SX5S.L Calmar Ratio Rank: 34
SX5S.L Martin Ratio Rank: 36

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. SX5S.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 Invesco EURO STOXX 50 UCITS ETF (SX5S.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	SX5S.L	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.23	+0.23
Sortino ratio: Return per unit of downside risk	1.90	1.83	+0.08
Omega ratio: Gain probability vs. loss probability	1.27	1.23	+0.04
Calmar ratio: Return relative to maximum drawdown	1.84	1.62	+0.22
Martin ratio: Return relative to average drawdown	5.13	5.40	-0.27
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. SX5S.L - Sharpe Ratio Comparison

The current XD3E.L Sharpe Ratio is 1.46, which is comparable to the SX5S.L Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of XD3E.L and SX5S.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XD3E.L	SX5S.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	1.23	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.69	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.73	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.59	-0.55

Drawdowns

XD3E.L vs. SX5S.L - Drawdown Comparison

The maximum XD3E.L drawdown since its inception was -62.35%, which is greater than SX5S.L's maximum drawdown of -32.54%. Use the drawdown chart below to compare losses from any high point for XD3E.L and SX5S.L.

Drawdown Indicators

	XD3E.L	SX5S.L	Difference
Max Drawdown Largest peak-to-trough decline	-62.35%	-32.54%	-29.81%
Max Drawdown (1Y) Largest decline over 1 year	-9.10%	-11.43%	+2.33%
Max Drawdown (3Y) Largest decline over 3 years	-12.64%	-13.85%	+1.21%
Max Drawdown (5Y) Largest decline over 5 years	-26.44%	-21.71%	-4.73%
Max Drawdown (10Y) Largest decline over 10 years	-35.37%	-32.54%	-2.83%
Current Drawdown Current decline from peak	-1.16%	-0.57%	-0.59%
Average Drawdown Average peak-to-trough decline	-28.83%	-5.44%	-23.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	3.44%	-0.18%

Volatility

XD3E.L vs. SX5S.L - Volatility Comparison

The current volatility for Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D (XD3E.L) is 2.88%, while Invesco EURO STOXX 50 UCITS ETF (SX5S.L) has a volatility of 4.90%. This indicates that XD3E.L experiences smaller price fluctuations and is considered to be less risky than SX5S.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XD3E.L	SX5S.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	4.90%	-2.02%
Volatility (6M) Calculated over the trailing 6-month period	8.69%	12.23%	-3.54%
Volatility (1Y) Calculated over the trailing 1-year period	11.47%	15.09%	-3.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.21%	17.62%	-1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.30%	19.88%	-0.58%

XD3E.L vs. SX5S.L - Expense Ratio Comparison

XD3E.L has a 0.30% expense ratio, which is higher than SX5S.L's 0.05% expense ratio.

Dividends

XD3E.L vs. SX5S.L - Dividend Comparison

XD3E.L's dividend yield for the trailing twelve months is around 0.05%, while SX5S.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SX5S.L Invesco EURO STOXX 50 UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XD3E.L Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D	0.05%	0.05%	0.06%	0.04%	0.04%	0.06%	0.06%	0.02%	0.04%	0.03%	0.03%	0.00%

Frequently Asked Questions

Can I hold both XD3E.L and SX5S.L in my portfolio?

XD3E.L and SX5S.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XD3E.L or SX5S.L?

On fees, SX5S.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XD3E.L or SX5S.L?

SX5S.L is cheaper with a 0.05% expense ratio, compared with 0.30% for XD3E.L.

What is the main difference between XD3E.L and SX5S.L?

Both ETFs track MSCI EMU NR EUR. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.30% for XD3E.L and 0.05% for SX5S.L.