XD9D.DE vs. ETLS.DE
XD9D.DE (Xtrackers MSCI USA UCITS ETF) and ETLS.DE (L&G US Equity UCITS ETF) are both Large Cap Blend Equities funds - XD9D.DE tracks the MSCI USA while ETLS.DE tracks the Solactive Core United States Large & Mid Cap. Both are passively managed. Over the past 5 years, XD9D.DE returned 14.44%/yr vs 14.64%/yr for ETLS.DE. With a 0.99 correlation, they move nearly in lockstep. XD9D.DE charges 0.07%/yr vs 0.05%/yr for ETLS.DE.
Performance
XD9D.DE vs. ETLS.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with XD9D.DE having a 11.29% return and ETLS.DE slightly lower at 11.28%.
XD9D.DE
- 1D
- -0.10%
- 1M
- 4.52%
- YTD
- 11.29%
- 6M
- 10.68%
- 1Y
- 25.18%
- 3Y*
- 19.01%
- 5Y*
- 14.44%
- 10Y*
- —
ETLS.DE
- 1D
- -0.11%
- 1M
- 4.61%
- YTD
- 11.28%
- 6M
- 10.60%
- 1Y
- 25.37%
- 3Y*
- 19.26%
- 5Y*
- 14.64%
- 10Y*
- —
XD9D.DE vs. ETLS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XD9D.DE Xtrackers MSCI USA UCITS ETF | 11.29% | 4.60% | 32.05% | 23.70% | -15.63% | 33.05% |
ETLS.DE L&G US Equity UCITS ETF | 11.28% | 5.06% | 32.53% | 24.21% | -16.00% | 33.37% |
Correlation
The correlation between XD9D.DE and ETLS.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2021 | 0.99 |
The correlation between XD9D.DE and ETLS.DE has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
XD9D.DE vs. ETLS.DE — Risk / Return Rank
XD9D.DE
ETLS.DE
XD9D.DE vs. ETLS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA UCITS ETF (XD9D.DE) and L&G US Equity UCITS ETF (ETLS.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.
| XD9D.DE | ETLS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.41 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 3.37 | +0.04 |
| Martin ratioReturn relative to average drawdown | 11.88 | 12.00 | -0.12 |
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
| XD9D.DE | ETLS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 2.21 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.94 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 0.98 | +0.02 |
Drawdowns
XD9D.DE vs. ETLS.DE - Drawdown Comparison
The maximum XD9D.DE drawdown since its inception was -23.73%, smaller than the maximum ETLS.DE drawdown of -33.98%. Use the drawdown chart below to compare losses from any high point for XD9D.DE and ETLS.DE.
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Drawdown Indicators
| XD9D.DE | ETLS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.73% | -33.98% | +10.25% |
Max Drawdown (1Y)Largest decline over 1 year | -7.36% | -7.57% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -23.73% | -23.68% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -23.73% | -23.68% | -0.05% |
Current DrawdownCurrent decline from peak | -0.39% | -0.45% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -4.60% | -4.63% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 2.13% | -0.01% |
Volatility
XD9D.DE vs. ETLS.DE - Volatility Comparison
Xtrackers MSCI USA UCITS ETF (XD9D.DE) and L&G US Equity UCITS ETF (ETLS.DE) have volatilities of 2.77% and 2.76%, 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.
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Volatility by Period
| XD9D.DE | ETLS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.77% | 2.76% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 7.69% | 7.67% | +0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.76% | 11.54% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.44% | 15.45% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 17.17% | -1.81% |
XD9D.DE vs. ETLS.DE - Expense Ratio Comparison
XD9D.DE has a 0.07% expense ratio, which is higher than ETLS.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XD9D.DE vs. ETLS.DE - Dividend Comparison
XD9D.DE's dividend yield for the trailing twelve months is around 0.83%, while ETLS.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ETLS.DE L&G US Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XD9D.DE Xtrackers MSCI USA UCITS ETF | 0.83% | 0.94% | 1.17% | 1.16% | 1.08% | 0.27% |
Frequently Asked Questions
With a correlation of 0.98, XD9D.DE and ETLS.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, ETLS.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLS.DE is cheaper with a 0.05% expense ratio, compared with 0.07% for XD9D.DE.
XD9D.DE tracks MSCI USA, while ETLS.DE tracks Solactive Core United States Large & Mid Cap. They also come from different issuers: Xtrackers and Legal & General. Their fees differ too: 0.07% for XD9D.DE and 0.05% for ETLS.DE.
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