XD9E.DE vs. MVEA.DE
XD9E.DE (Xtrackers MSCI USA UCITS ETF EUR Hedged (Acc)) and MVEA.DE (iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF) are both Large Cap Blend Equities funds - XD9E.DE tracks the MSCI USA Index (EUR Hedged) while MVEA.DE tracks the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, XD9E.DE returned 9.77%/yr vs 6.40%/yr for MVEA.DE. A 0.60 correlation means they provide meaningful diversification when combined. XD9E.DE charges 0.12%/yr vs 0.20%/yr for MVEA.DE.
Performance
XD9E.DE vs. MVEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XD9E.DE achieves a 7.69% return, which is significantly higher than MVEA.DE's 5.52% return.
XD9E.DE
- 1D
- 0.17%
- 1M
- -0.94%
- 6M
- 8.68%
- YTD
- 7.69%
- 1Y
- 17.37%
- 3Y*
- 17.80%
- 5Y*
- 9.77%
- 10Y*
- —
MVEA.DE
- 1D
- 0.39%
- 1M
- 2.82%
- 6M
- 6.99%
- YTD
- 5.52%
- 1Y
- 5.81%
- 3Y*
- 7.20%
- 5Y*
- 6.40%
- 10Y*
- —
XD9E.DE vs. MVEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XD9E.DE Xtrackers MSCI USA UCITS ETF EUR Hedged (Acc) | 7.69% | 14.99% | 22.93% | 24.29% | -23.21% | 26.83% | 37.18% |
MVEA.DE iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF | 5.52% | -7.05% | 19.63% | 8.85% | -6.84% | 34.80% | 5.76% |
Correlation
The correlation between XD9E.DE and MVEA.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2020 | 0.60 |
Over the past year, the correlation between XD9E.DE and MVEA.DE has dropped to 0.29 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
XD9E.DE vs. MVEA.DE — Risk / Return Rank
XD9E.DE
MVEA.DE
XD9E.DE vs. MVEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA UCITS ETF EUR Hedged (Acc) (XD9E.DE) and iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XD9E.DE | MVEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.12 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 1.16 | +0.80 |
| Martin ratioReturn relative to average drawdown | 7.74 | 2.74 | +5.00 |
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Drawdowns
XD9E.DE vs. MVEA.DE - Drawdown Comparison
The maximum XD9E.DE drawdown since its inception was -34.71%, which is greater than MVEA.DE's maximum drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for XD9E.DE and MVEA.DE.
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Drawdown Indicators
| XD9E.DE | MVEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.71% | -17.51% | -17.20% |
Max Drawdown (1Y)Largest decline over 1 year | -8.82% | -4.97% | -3.85% |
Max Drawdown (3Y)Largest decline over 3 years | -18.85% | -17.51% | -1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -27.10% | -17.51% | -9.59% |
Current DrawdownCurrent decline from peak | -1.50% | -7.61% | +6.11% |
Average DrawdownAverage peak-to-trough decline | -6.09% | -5.46% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 2.11% | +0.13% |
Volatility
XD9E.DE vs. MVEA.DE - Volatility Comparison
Xtrackers MSCI USA UCITS ETF EUR Hedged (Acc) (XD9E.DE) has a higher volatility of 4.08% compared to iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.DE) at 2.53%. This indicates that XD9E.DE's price experiences larger fluctuations and is considered to be riskier than MVEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XD9E.DE | MVEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | 2.53% | +1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 9.24% | 6.10% | +3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.19% | 9.08% | +3.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.29% | 12.30% | +3.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.46% | 12.73% | +4.73% |
XD9E.DE vs. MVEA.DE - Expense Ratio Comparison
XD9E.DE has a 0.12% expense ratio, which is lower than MVEA.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XD9E.DE vs. MVEA.DE - Dividend Comparison
Neither XD9E.DE nor MVEA.DE has paid dividends to shareholders.
Frequently Asked Questions
XD9E.DE and MVEA.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XD9E.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XD9E.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for MVEA.DE.
XD9E.DE tracks MSCI USA Index (EUR Hedged), while MVEA.DE tracks Russell 1000 TR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XD9E.DE and 0.20% for MVEA.DE.
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