XDEM.DE vs. ASRS.DE
XDEM.DE (Xtrackers MSCI World Momentum Factor UCITS ETF 1C) and ASRS.DE (BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation) are both exchange-traded funds - XDEM.DE is a Momentum fund tracking the MSCI World Momentum Index, while ASRS.DE is a Alternative Energy Equities fund tracking the ECPI Global ESG Hydrogen Economy (NR) Index. Both are passively managed. Over the past 3 years, XDEM.DE returned 26.15%/yr vs 14.78%/yr for ASRS.DE. A 0.53 correlation means they provide meaningful diversification when combined. XDEM.DE charges 0.25%/yr vs 0.30%/yr for ASRS.DE.
Performance
XDEM.DE vs. ASRS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEM.DE achieves a 22.76% return, which is significantly lower than ASRS.DE's 26.24% return.
XDEM.DE
- 1D
- -0.95%
- 1M
- 6.89%
- YTD
- 22.76%
- 6M
- 23.63%
- 1Y
- 31.54%
- 3Y*
- 26.15%
- 5Y*
- 14.74%
- 10Y*
- 15.65%
ASRS.DE
- 1D
- -0.77%
- 1M
- 3.54%
- YTD
- 26.24%
- 6M
- 25.54%
- 1Y
- 58.55%
- 3Y*
- 14.78%
- 5Y*
- —
- 10Y*
- —
XDEM.DE vs. ASRS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XDEM.DE Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 22.76% | 8.09% | 38.24% | 8.17% | -5.20% |
ASRS.DE BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation | 26.24% | 32.28% | -6.37% | -3.66% | -7.56% |
Correlation
The correlation between XDEM.DE and ASRS.DE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.53 |
The correlation between XDEM.DE and ASRS.DE shifts across timeframes, from 0.51 (3 years) to 0.65 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XDEM.DE vs. ASRS.DE — Risk / Return Rank
XDEM.DE
ASRS.DE
XDEM.DE vs. ASRS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.DE) and BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.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.
| XDEM.DE | ASRS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.48 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.54 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.47 | 7.74 | -4.27 |
| Martin ratioReturn relative to average drawdown | 13.27 | 25.47 | -12.20 |
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
| XDEM.DE | ASRS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 3.34 | -1.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.94 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.45 | +0.45 |
Drawdowns
XDEM.DE vs. ASRS.DE - Drawdown Comparison
The maximum XDEM.DE drawdown since its inception was -30.93%, smaller than the maximum ASRS.DE drawdown of -36.11%. Use the drawdown chart below to compare losses from any high point for XDEM.DE and ASRS.DE.
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Drawdown Indicators
| XDEM.DE | ASRS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.93% | -36.11% | +5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -9.05% | -7.68% | -1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -23.51% | -25.20% | +1.69% |
Max Drawdown (5Y)Largest decline over 5 years | -23.51% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.93% | — | — |
Current DrawdownCurrent decline from peak | -0.95% | -2.31% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -5.97% | -15.73% | +9.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 2.34% | +0.02% |
Volatility
XDEM.DE vs. ASRS.DE - Volatility Comparison
Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.DE) and BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF EUR Capitalisation (ASRS.DE) have volatilities of 5.80% and 6.05%, 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
| XDEM.DE | ASRS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 6.05% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 14.20% | 12.94% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.85% | 17.79% | -0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.30% | 18.05% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.85% | 18.05% | -0.20% |
XDEM.DE vs. ASRS.DE - Expense Ratio Comparison
XDEM.DE has a 0.25% expense ratio, which is lower than ASRS.DE's 0.30% expense ratio.
Dividends
XDEM.DE vs. ASRS.DE - Dividend Comparison
Neither XDEM.DE nor ASRS.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEM.DE and ASRS.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEM.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEM.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for ASRS.DE.
XDEM.DE is categorized as Momentum, while ASRS.DE is Alternative Energy Equities. XDEM.DE tracks MSCI World Momentum Index, while ASRS.DE tracks ECPI Global ESG Hydrogen Economy (NR) Index. They also come from different issuers: DWS and BNP Paribas Easy. Their fees differ too: 0.25% for XDEM.DE and 0.30% for ASRS.DE.
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