PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XDER.L vs. XRES.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDER.L vs. XRES.L

Last updated Jun 5, 2026

XDER.L (Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C) and XRES.L (Invesco Real Estate S&P US Select Sector UCITS ETF Acc) are both REIT funds - XDER.L tracks the FTSE EPRA Nareit Developed Europe TR EUR while XRES.L tracks the S&P Select Sector Capped 20% Real Estate Index. Both are passively managed. Over the past 10 years, XDER.L returned 0.79%/yr vs 7.18%/yr for XRES.L. At a 0.49 correlation, their price movements are largely independent. XDER.L charges 0.33%/yr vs 0.14%/yr for XRES.L.

Performance

XDER.L vs. XRES.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (XDER.L) and Invesco Real Estate S&P US Select Sector UCITS ETF Acc (XRES.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

XDER.L is traded in GBp, while XRES.L is traded in USD. To make them comparable, the XRES.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XDER.L achieves a -1.79% return, which is significantly lower than XRES.L's 9.49% return. Over the past 10 years, XDER.L has underperformed XRES.L with an annualized return of 0.79%, while XRES.L has yielded a comparatively higher 7.18% annualized return.

XDER.L

1D
0.28%
1M
-0.05%
YTD
-1.79%
6M
-0.97%
1Y
-0.33%
3Y*
6.56%
5Y*
-4.50%
10Y*
0.79%

XRES.L

1D
-0.02%
1M
0.64%
YTD
9.49%
6M
8.07%
1Y
10.43%
3Y*
6.78%
5Y*
3.89%
10Y*
7.18%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDER.L vs. XRES.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XDER.L
Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C		-1.79%11.17%-7.99%13.38%-32.92%10.39%-5.98%22.10%-7.09%16.56%
XRES.L
Invesco Real Estate S&P US Select Sector UCITS ETF Acc		9.49%-3.42%4.23%7.08%-17.17%48.30%-6.29%22.26%2.79%1.30%

Correlation

The correlation between XDER.L and XRES.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.44

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

0.49

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

0.50

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

0.49

Correlation (All Time)
Calculated using the full available price history since Feb 22, 2016

0.49

XDER.L vs. XRES.L - Sectors Allocation Comparison

Sectors
XDER.L
XRES.L

Real Estate

97.7%
100.0%

Consumer Cyclical

1.0%

-

Financial Services

0.5%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Technology

-

-

Utilities

-

-

Real Estate

XDER.L
97.7%
XRES.L
100.0%

Consumer Cyclical

XDER.L
1.0%
XRES.L

-

Financial Services

XDER.L
0.5%
XRES.L

-

Basic Materials

XDER.L

-

XRES.L

-

Communication Services

XDER.L

-

XRES.L

-

Consumer Defensive

XDER.L

-

XRES.L

-

Energy

XDER.L

-

XRES.L

-

Healthcare

XDER.L

-

XRES.L

-

Industrials

XDER.L

-

XRES.L

-

Technology

XDER.L

-

XRES.L

-

Utilities

XDER.L

-

XRES.L

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C

Invesco Real Estate S&P US Select Sector UCITS ETF Acc

Often compared with XDER.L:
XDER.L vs. VNQXDER.L vs. IPRP.LXDER.L vs. VGSIXXDER.L vs. IDWP.LXDER.L vs. AREG.LXDER.L vs. IWDP.LXDER.L vs. HPRD.L
Often compared with XRES.L:
XRES.L vs. XLREXRES.L vs. VNQXRES.L vs. VWRA.LXRES.L vs. IUSP.LXRES.L vs. REMXRES.L vs. GBRE.LXRES.L vs. FREL

Return for Risk

XDER.L vs. XRES.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XDER.L
XDER.L Risk / Return Rank: 99
Overall Rank
XDER.L Sharpe Ratio Rank: 99
Sharpe Ratio Rank
XDER.L Sortino Ratio Rank: 99
Sortino Ratio Rank
XDER.L Omega Ratio Rank: 99
Omega Ratio Rank
XDER.L Calmar Ratio Rank: 99
Calmar Ratio Rank
XDER.L Martin Ratio Rank: 99
Martin Ratio Rank
XRES.L
XRES.L Risk / Return Rank: 2323
Overall Rank
XRES.L Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
XRES.L Sortino Ratio Rank: 2121
Sortino Ratio Rank
XRES.L Omega Ratio Rank: 2020
Omega Ratio Rank
XRES.L Calmar Ratio Rank: 2626
Calmar Ratio Rank
XRES.L Martin Ratio Rank: 2525
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.

XDER.L vs. XRES.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (XDER.L) and Invesco Real Estate S&P US Select Sector UCITS ETF Acc (XRES.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.

XDER.LXRES.LDifference
Sharpe ratioReturn per unit of total volatility
-0.02
0.76

-0.78

Sortino ratioReturn per unit of downside risk
0.08
1.14

-1.06

Omega ratioGain probability vs. loss probability

1.01

1.14

-0.13

Calmar ratioReturn relative to maximum drawdown

-0.02

1.55

-1.57

Martin ratioReturn relative to average drawdown

-0.05

3.28

-3.33

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDER.L vs. XRES.L - Sharpe Ratio Comparison

The current XDER.L Sharpe Ratio is -0.02, which is lower than the XRES.L Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of XDER.L and XRES.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.

Loading charts...

Sharpe Ratios by Period

XDER.LXRES.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.02

0.76

-0.78

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.21

0.22

-0.43

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.04

0.38

-0.34

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.43

-0.12

Drawdowns

XDER.L vs. XRES.L - Drawdown Comparison

The maximum XDER.L drawdown since its inception was -45.20%, which is greater than XRES.L's maximum drawdown of -30.14%. Use the drawdown chart below to compare losses from any high point for XDER.L and XRES.L.

Loading charts...

Drawdown Indicators

XDER.LXRES.LDifference

Max Drawdown

Largest peak-to-trough decline

-45.20%

-30.14%

-15.06%

Max Drawdown (1Y)

Largest decline over 1 year

-16.58%

-6.70%

-9.88%

Max Drawdown (3Y)

Largest decline over 3 years

-19.16%

-18.86%

-0.30%

Max Drawdown (5Y)

Largest decline over 5 years

-45.20%

-29.31%

-15.89%

Max Drawdown (10Y)

Largest decline over 10 years

-45.20%

-30.14%

-15.06%

Current Drawdown

Current decline from peak

-27.03%

-4.98%

-22.05%

Average Drawdown

Average peak-to-trough decline

-13.36%

-9.27%

-4.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.26%

3.17%

+3.09%

Volatility

XDER.L vs. XRES.L - Volatility Comparison

Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (XDER.L) has a higher volatility of 5.38% compared to Invesco Real Estate S&P US Select Sector UCITS ETF Acc (XRES.L) at 4.35%. This indicates that XDER.L's price experiences larger fluctuations and is considered to be riskier than XRES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XDER.LXRES.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.38%

4.35%

+1.03%

Volatility (6M)

Calculated over the trailing 6-month period

13.22%

10.43%

+2.79%

Volatility (1Y)

Calculated over the trailing 1-year period

15.53%

13.72%

+1.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.06%

17.58%

+3.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.77%

18.89%

-0.12%

XDER.L vs. XRES.L - Expense Ratio Comparison

XDER.L has a 0.33% expense ratio, which is higher than XRES.L's 0.14% expense ratio.

Dividends

XDER.L vs. XRES.L - Dividend Comparison

Neither XDER.L nor XRES.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

XDER.L and XRES.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XRES.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XRES.L is cheaper with a 0.14% expense ratio, compared with 0.33% for XDER.L.

XDER.L tracks FTSE EPRA Nareit Developed Europe TR EUR, while XRES.L tracks S&P Select Sector Capped 20% Real Estate Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.33% for XDER.L and 0.14% for XRES.L.

Portfolio Optimizer

Find the right allocation for XDER.L and XRES.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer