XDEE.DE vs. UBU9.DE

Last updated Jul 4, 2026

XDEE.DE (Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc)) and UBU9.DE (UBS Core S&P 500 UCITS ETF USD dis) are both S&P 500 funds - XDEE.DE tracks the S&P 500 Equal Weight Index (EUR Hedged) while UBU9.DE tracks the S&P 500. Both are passively managed. Over the past 3 years, XDEE.DE returned 11.69%/yr vs 18.39%/yr for UBU9.DE. A 0.70 correlation means they provide meaningful diversification when combined. XDEE.DE charges 0.30%/yr vs 0.03%/yr for UBU9.DE.

Performance

XDEE.DE vs. UBU9.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) (XDEE.DE) and UBS Core S&P 500 UCITS ETF USD dis (UBU9.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDEE.DE achieves a 10.42% return, which is significantly lower than UBU9.DE's 12.24% return.

XDEE.DE

• 1D: 0.08%
• 1M: 2.61%
• 6M: 11.12%
• YTD: 10.42%
• 1Y: 14.68%
• 3Y*: 11.69%
• 5Y*: —
• 10Y*: —

UBU9.DE

• 1D: 0.23%
• 1M: 0.62%
• 6M: 13.04%
• YTD: 12.24%
• 1Y: 24.17%
• 3Y*: 18.39%
• 5Y*: 13.68%
• 10Y*: 14.83%

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

XDEE.DE vs. UBU9.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XDEE.DE Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc)	10.42%	9.31%	10.02%	10.87%	-15.34%	1.66%
UBU9.DE UBS Core S&P 500 UCITS ETF USD dis	12.24%	4.77%	32.31%	22.36%	-14.25%	6.07%

Correlation

The correlation between XDEE.DE and UBU9.DE is 0.55, 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	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021	0.70

The correlation between XDEE.DE and UBU9.DE shifts across timeframes, from 0.55 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XDEE.DE vs. UBU9.DE — Risk / Return Rank

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

XDEE.DE

XDEE.DE Risk / Return Rank: 48
XDEE.DE Sharpe Ratio Rank: 46
XDEE.DE Sortino Ratio Rank: 50
XDEE.DE Omega Ratio Rank: 43
XDEE.DE Calmar Ratio Rank: 48
XDEE.DE Martin Ratio Rank: 50

UBU9.DE

UBU9.DE Risk / Return Rank: 77
UBU9.DE Sharpe Ratio Rank: 78
UBU9.DE Sortino Ratio Rank: 76
UBU9.DE Omega Ratio Rank: 76
UBU9.DE Calmar Ratio Rank: 79
UBU9.DE Martin Ratio Rank: 77

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.

XDEE.DE vs. UBU9.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) (XDEE.DE) and UBS Core S&P 500 UCITS ETF USD dis (UBU9.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.

	XDEE.DE	UBU9.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.34	2.02	-0.68
Sortino ratio: Return per unit of downside risk	2.07	2.78	-0.71
Omega ratio: Gain probability vs. loss probability	1.24	1.37	-0.13
Calmar ratio: Return relative to maximum drawdown	2.02	3.36	-1.34
Martin ratio: Return relative to average drawdown	7.08	11.76	-4.68

XDEE.DE vs. UBU9.DE - Sharpe Ratio Comparison

The current XDEE.DE Sharpe Ratio is 1.34, which is lower than the UBU9.DE Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of XDEE.DE and UBU9.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.

Drawdowns

XDEE.DE vs. UBU9.DE - Drawdown Comparison

The maximum XDEE.DE drawdown since its inception was -22.64%, smaller than the maximum UBU9.DE drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for XDEE.DE and UBU9.DE.

Drawdown Indicators

	XDEE.DE	UBU9.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-33.82%	+11.18%
Max Drawdown (1Y) Largest decline over 1 year	-7.23%	-7.17%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-18.93%	-23.30%	+4.37%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.82%	—
Current Drawdown Current decline from peak	0.00%	-0.64%	+0.64%
Average Drawdown Average peak-to-trough decline	-7.31%	-5.25%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	2.05%	+0.02%

Volatility

XDEE.DE vs. UBU9.DE - Volatility Comparison

The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) (XDEE.DE) is 3.13%, while UBS Core S&P 500 UCITS ETF USD dis (UBU9.DE) has a volatility of 3.65%. This indicates that XDEE.DE experiences smaller price fluctuations and is considered to be less risky than UBU9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDEE.DE	UBU9.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.13%	3.65%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	7.70%	8.06%	-0.36%
Volatility (1Y) Calculated over the trailing 1-year period	10.92%	11.94%	-1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	15.26%	+0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.23%	16.06%	+0.17%

XDEE.DE vs. UBU9.DE - Expense Ratio Comparison

XDEE.DE has a 0.30% expense ratio, which is higher than UBU9.DE's 0.03% expense ratio.

Dividends

XDEE.DE vs. UBU9.DE - Dividend Comparison

XDEE.DE has not paid dividends to shareholders, while UBU9.DE's dividend yield for the trailing twelve months is around 0.94%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UBU9.DE UBS Core S&P 500 UCITS ETF USD dis	0.94%	0.98%	0.96%	1.15%	1.30%	0.90%	1.40%	1.36%	1.57%	1.53%	1.66%	1.53%
XDEE.DE Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (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%

Frequently Asked Questions

Can I hold both XDEE.DE and UBU9.DE in my portfolio?

XDEE.DE and UBU9.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEE.DE or UBU9.DE?

On fees, UBU9.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEE.DE or UBU9.DE?

UBU9.DE is cheaper with a 0.03% expense ratio, compared with 0.30% for XDEE.DE.

What is the main difference between XDEE.DE and UBU9.DE?

XDEE.DE tracks S&P 500 Equal Weight Index (EUR Hedged), while UBU9.DE tracks S&P 500. They also come from different issuers: Xtrackers and UBS. Their fees differ too: 0.30% for XDEE.DE and 0.03% for UBU9.DE.