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XDDX.L vs. MVEU.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDDX.L vs. MVEU.L

Last updated Jun 25, 2026

XDDX.L (Xtrackers DAX ESG Screened UCITS ETF 1D) and MVEU.L (iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc)) are both Europe Equities funds - XDDX.L tracks the FSE DAX TR EUR while MVEU.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, XDDX.L returned 9.77%/yr vs 7.98%/yr for MVEU.L. A 0.73 correlation means they provide meaningful diversification when combined. XDDX.L charges 0.09%/yr vs 0.25%/yr for MVEU.L.

Performance

XDDX.L vs. MVEU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers DAX ESG Screened UCITS ETF 1D (XDDX.L) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc) (MVEU.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, XDDX.L achieves a 2.48% return, which is significantly lower than MVEU.L's 5.99% return. Over the past 10 years, XDDX.L has outperformed MVEU.L with an annualized return of 9.77%, while MVEU.L has yielded a comparatively lower 7.98% annualized return.

XDDX.L

1D
-0.12%
1M
-0.00%
YTD
2.48%
6M
2.96%
1Y
9.08%
3Y*
15.20%
5Y*
8.60%
10Y*
9.77%

MVEU.L

1D
0.50%
1M
-0.08%
YTD
5.99%
6M
6.28%
1Y
10.48%
3Y*
11.60%
5Y*
7.13%
10Y*
7.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDDX.L vs. MVEU.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XDDX.L
Xtrackers DAX ESG Screened UCITS ETF 1D		2.48%24.81%11.28%17.04%-8.48%7.86%9.39%16.41%-17.15%16.44%
MVEU.L
iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc)		5.99%17.63%6.71%8.45%-8.16%14.46%1.57%15.47%-2.87%14.16%

Correlation

The correlation between XDDX.L and MVEU.L is 0.54, 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

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.62

Correlation (5Y)
Calculated over the trailing 5-year period

0.68

Correlation (10Y)
Calculated over the trailing 10-year period

0.72

Correlation (All Time)
Calculated using the full available price history since Nov 30, 2012

0.73

The correlation between XDDX.L and MVEU.L shifts across timeframes, from 0.54 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.

XDDX.L vs. MVEU.L - Sectors Allocation Comparison

Sectors
XDDX.L
MVEU.L

Financial Services

27.9%
17.6%

Industrials

18.3%
15.6%

Technology

18.2%
3.4%

Consumer Cyclical

11.2%
3.6%

Communication Services

8.8%
9.0%

Basic Materials

7.7%
5.1%

Healthcare

5.2%
12.3%

Consumer Defensive

1.4%
14.1%

Real Estate

1.4%
1.5%

Energy

-

6.9%

Utilities

-

10.1%

Financial Services

XDDX.L
27.9%
MVEU.L
17.6%

Industrials

XDDX.L
18.3%
MVEU.L
15.6%

Technology

XDDX.L
18.2%
MVEU.L
3.4%

Consumer Cyclical

XDDX.L
11.2%
MVEU.L
3.6%

Communication Services

XDDX.L
8.8%
MVEU.L
9.0%

Basic Materials

XDDX.L
7.7%
MVEU.L
5.1%

Healthcare

XDDX.L
5.2%
MVEU.L
12.3%

Consumer Defensive

XDDX.L
1.4%
MVEU.L
14.1%

Real Estate

XDDX.L
1.4%
MVEU.L
1.5%

Energy

XDDX.L

-

MVEU.L
6.9%

Utilities

XDDX.L

-

MVEU.L
10.1%

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Xtrackers DAX ESG Screened UCITS ETF 1D

iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc)

Often compared with XDDX.L:
XDDX.L vs. S7XP.LXDDX.L vs. CS1.LXDDX.L vs. XCX5.LXDDX.L vs. XMME.LXDDX.L vs. XXTW.LXDDX.L vs. MVED.LXDDX.L vs. XNAS.L
Often compared with MVEU.L:
MVEU.L vs. SVOLMVEU.L vs. VTMVEU.L vs. FLXD.LMVEU.L vs. EUHD.LMVEU.L vs. CS1.LMVEU.L vs. CSP1.LMVEU.L vs. IITU.L

Return for Risk

XDDX.L vs. MVEU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XDDX.L
XDDX.L Risk / Return Rank: 1818
Overall Rank
XDDX.L Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
XDDX.L Sortino Ratio Rank: 1818
Sortino Ratio Rank
XDDX.L Omega Ratio Rank: 1818
Omega Ratio Rank
XDDX.L Calmar Ratio Rank: 1818
Calmar Ratio Rank
XDDX.L Martin Ratio Rank: 2020
Martin Ratio Rank
MVEU.L
MVEU.L Risk / Return Rank: 3131
Overall Rank
MVEU.L Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
MVEU.L Sortino Ratio Rank: 3131
Sortino Ratio Rank
MVEU.L Omega Ratio Rank: 3131
Omega Ratio Rank
MVEU.L Calmar Ratio Rank: 3030
Calmar Ratio Rank
MVEU.L Martin Ratio Rank: 3232
Martin Ratio Rank
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.

XDDX.L vs. MVEU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers DAX ESG Screened UCITS ETF 1D (XDDX.L) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc) (MVEU.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.

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.

XDDX.LMVEU.LDifference
Sharpe ratioReturn per unit of total volatility
0.60
1.17

-0.57

Sortino ratioReturn per unit of downside risk
0.92
1.63

-0.71

Omega ratioGain probability vs. loss probability

1.12

1.21

-0.09

Calmar ratioReturn relative to maximum drawdown

0.69

1.25

-0.56

Martin ratioReturn relative to average drawdown

2.08

3.71

-1.63

XDDX.L vs. MVEU.L - Sharpe Ratio Comparison

The current XDDX.L Sharpe Ratio is 0.60, which is lower than the MVEU.L Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of XDDX.L and MVEU.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.

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Drawdowns

XDDX.L vs. MVEU.L - Drawdown Comparison

The maximum XDDX.L drawdown since its inception was -35.15%, which is greater than MVEU.L's maximum drawdown of -23.74%. Use the drawdown chart below to compare losses from any high point for XDDX.L and MVEU.L.

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Drawdown Indicators

XDDX.LMVEU.LDifference

Max Drawdown

Largest peak-to-trough decline

-35.15%

-23.74%

-11.41%

Max Drawdown (1Y)

Largest decline over 1 year

-13.08%

-8.32%

-4.76%

Max Drawdown (3Y)

Largest decline over 3 years

-14.36%

-8.32%

-6.04%

Max Drawdown (5Y)

Largest decline over 5 years

-23.84%

-17.42%

-6.42%

Max Drawdown (10Y)

Largest decline over 10 years

-35.15%

-23.74%

-11.41%

Current Drawdown

Current decline from peak

-2.50%

-3.45%

+0.95%

Average Drawdown

Average peak-to-trough decline

-7.36%

-3.52%

-3.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.35%

2.82%

+1.53%

Volatility

XDDX.L vs. MVEU.L - Volatility Comparison

Xtrackers DAX ESG Screened UCITS ETF 1D (XDDX.L) has a higher volatility of 3.79% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc) (MVEU.L) at 1.88%. This indicates that XDDX.L's price experiences larger fluctuations and is considered to be riskier than MVEU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XDDX.LMVEU.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.79%

1.88%

+1.91%

Volatility (6M)

Calculated over the trailing 6-month period

12.17%

7.31%

+4.86%

Volatility (1Y)

Calculated over the trailing 1-year period

15.19%

8.92%

+6.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.97%

11.28%

+5.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.97%

12.62%

+5.35%

XDDX.L vs. MVEU.L - Expense Ratio Comparison

XDDX.L has a 0.09% expense ratio, which is lower than MVEU.L's 0.25% 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

XDDX.L vs. MVEU.L - Dividend Comparison

XDDX.L's dividend yield for the trailing twelve months is around 2.33%, while MVEU.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
MVEU.L
iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XDDX.L
Xtrackers DAX ESG Screened UCITS ETF 1D		2.33%2.39%2.75%3.30%5.08%2.13%3.09%2.87%2.26%2.08%1.31%1.06%

Frequently Asked Questions

XDDX.L and MVEU.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XDDX.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XDDX.L is cheaper with a 0.09% expense ratio, compared with 0.25% for MVEU.L.

XDDX.L tracks FSE DAX TR EUR, while MVEU.L tracks MSCI Europe NR EUR. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.09% for XDDX.L and 0.25% for MVEU.L.

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