XDEB.DE vs. XCEU.DE

Last updated Jun 5, 2026

XDEB.DE (Xtrackers MSCI World Minimum Volatility UCITS ETF 1C) and XCEU.DE (Xtrackers MSCI EMU Climate Transition UCITS ETF 1C) are both exchange-traded funds - XDEB.DE is a Global Equities fund tracking the MSCI ACWI NR USD, while XCEU.DE is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 3 years, XDEB.DE returned 6.45%/yr vs 14.38%/yr for XCEU.DE. At a 0.32 correlation, their price movements are largely independent. XDEB.DE charges 0.25%/yr vs 0.12%/yr for XCEU.DE.

Performance

XDEB.DE vs. XCEU.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.DE) and Xtrackers MSCI EMU Climate Transition UCITS ETF 1C (XCEU.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDEB.DE achieves a 1.74% return, which is significantly lower than XCEU.DE's 8.87% return.

XDEB.DE

• 1D: -0.04%
• 1M: 1.84%
• YTD: 1.74%
• 6M: 1.64%
• 1Y: 0.46%
• 3Y*: 6.45%
• 5Y*: 6.21%
• 10Y*: 6.88%

XCEU.DE

• 1D: 0.24%
• 1M: 5.40%
• YTD: 8.87%
• 6M: 10.73%
• 1Y: 16.36%
• 3Y*: 14.38%
• 5Y*: —
• 10Y*: —

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

XDEB.DE vs. XCEU.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XDEB.DE Xtrackers MSCI World Minimum Volatility UCITS ETF 1C	1.74%	-1.27%	17.83%	4.50%
XCEU.DE Xtrackers MSCI EMU Climate Transition UCITS ETF 1C	8.87%	19.79%	9.57%	5.60%

Correlation

The correlation between XDEB.DE and XCEU.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023	0.32

Return for Risk

XDEB.DE vs. XCEU.DE — Risk / Return Rank

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

XDEB.DE

XDEB.DE Risk / Return Rank: 9
XDEB.DE Sharpe Ratio Rank: 9
XDEB.DE Sortino Ratio Rank: 8
XDEB.DE Omega Ratio Rank: 8
XDEB.DE Calmar Ratio Rank: 9
XDEB.DE Martin Ratio Rank: 9

XCEU.DE

XCEU.DE Risk / Return Rank: 32
XCEU.DE Sharpe Ratio Rank: 31
XCEU.DE Sortino Ratio Rank: 32
XCEU.DE Omega Ratio Rank: 32
XCEU.DE Calmar Ratio Rank: 32
XCEU.DE 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.

XDEB.DE vs. XCEU.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.DE) and Xtrackers MSCI EMU Climate Transition UCITS ETF 1C (XCEU.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.

	XDEB.DE	XCEU.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	1.09	-1.10
Sortino ratio: Return per unit of downside risk	0.04	1.66	-1.62
Omega ratio: Gain probability vs. loss probability	1.00	1.21	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.02	1.51	-1.53
Martin ratio: Return relative to average drawdown	-0.03	5.43	-5.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDEB.DE vs. XCEU.DE - Sharpe Ratio Comparison

The current XDEB.DE Sharpe Ratio is -0.01, which is lower than the XCEU.DE Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of XDEB.DE and XCEU.DE, 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

	XDEB.DE	XCEU.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	1.09	-1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.93	-0.24

Drawdowns

XDEB.DE vs. XCEU.DE - Drawdown Comparison

The maximum XDEB.DE drawdown since its inception was -28.57%, which is greater than XCEU.DE's maximum drawdown of -14.98%. Use the drawdown chart below to compare losses from any high point for XDEB.DE and XCEU.DE.

Drawdown Indicators

	XDEB.DE	XCEU.DE	Difference
Max Drawdown Largest peak-to-trough decline	-28.57%	-14.98%	-13.59%
Max Drawdown (1Y) Largest decline over 1 year	-5.31%	-10.79%	+5.48%
Max Drawdown (3Y) Largest decline over 3 years	-13.02%	-14.98%	+1.96%
Max Drawdown (5Y) Largest decline over 5 years	-13.02%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.57%	—	—
Current Drawdown Current decline from peak	-6.53%	-0.72%	-5.81%
Average Drawdown Average peak-to-trough decline	-5.03%	-2.47%	-2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	3.01%	-0.64%

Volatility

XDEB.DE vs. XCEU.DE - Volatility Comparison

The current volatility for Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.DE) is 2.63%, while Xtrackers MSCI EMU Climate Transition UCITS ETF 1C (XCEU.DE) has a volatility of 4.62%. This indicates that XDEB.DE experiences smaller price fluctuations and is considered to be less risky than XCEU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDEB.DE	XCEU.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	4.62%	-1.99%
Volatility (6M) Calculated over the trailing 6-month period	5.56%	12.25%	-6.69%
Volatility (1Y) Calculated over the trailing 1-year period	7.86%	14.90%	-7.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.16%	14.44%	-4.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.03%	14.44%	-2.41%

XDEB.DE vs. XCEU.DE - Expense Ratio Comparison

XDEB.DE has a 0.25% expense ratio, which is higher than XCEU.DE's 0.12% 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

XDEB.DE vs. XCEU.DE - Dividend Comparison

Neither XDEB.DE nor XCEU.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDEB.DE and XCEU.DE in my portfolio?

XDEB.DE and XCEU.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEB.DE or XCEU.DE?

On fees, XCEU.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEB.DE or XCEU.DE?

XCEU.DE is cheaper with a 0.12% expense ratio, compared with 0.25% for XDEB.DE.

What is the main difference between XDEB.DE and XCEU.DE?

XDEB.DE is categorized as Global Equities, while XCEU.DE is Europe Equities. XDEB.DE tracks MSCI ACWI NR USD, while XCEU.DE tracks MSCI EMU NR EUR. Their fees differ too: 0.25% for XDEB.DE and 0.12% for XCEU.DE.