XDEW.DE vs. E500.DE
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) and E500.DE (Invesco S&P 500 UCITS ETF (EUR Hdg)) are both S&P 500 funds - XDEW.DE tracks the S&P 500 Equal Weight Index while E500.DE tracks the S&P 500 Index. Both are passively managed. Over the past 10 years, XDEW.DE returned 11.95%/yr vs 12.99%/yr for E500.DE. A 0.76 correlation means they provide meaningful diversification when combined. XDEW.DE charges 0.20%/yr vs 0.05%/yr for E500.DE.
Performance
XDEW.DE vs. E500.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEW.DE achieves a 14.06% return, which is significantly higher than E500.DE's 5.87% return. Over the past 10 years, XDEW.DE has underperformed E500.DE with an annualized return of 11.95%, while E500.DE has yielded a comparatively higher 12.99% annualized return.
XDEW.DE
- 1D
- 0.17%
- 1M
- 4.79%
- YTD
- 14.06%
- 6M
- 14.66%
- 1Y
- 22.92%
- 3Y*
- 13.41%
- 5Y*
- 9.59%
- 10Y*
- 11.95%
E500.DE
- 1D
- -0.30%
- 1M
- -2.24%
- YTD
- 5.87%
- 6M
- 5.69%
- 1Y
- 18.89%
- 3Y*
- 17.95%
- 5Y*
- 10.26%
- 10Y*
- 12.99%
XDEW.DE vs. E500.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.06% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
E500.DE Invesco S&P 500 UCITS ETF (EUR Hdg) | 5.87% | 15.34% | 22.74% | 23.32% | -21.40% | 28.58% | 16.04% | 27.46% | -8.62% | 18.82% |
Correlation
The correlation between XDEW.DE and E500.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2014 | 0.76 |
Over the past year, the correlation between XDEW.DE and E500.DE has dropped to 0.47 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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Return for Risk
XDEW.DE vs. E500.DE — Risk / Return Rank
XDEW.DE
E500.DE
XDEW.DE vs. E500.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) and Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.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.
| XDEW.DE | E500.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.29 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.51 | 2.04 | +2.47 |
| Martin ratioReturn relative to average drawdown | 13.76 | 8.83 | +4.93 |
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Drawdowns
XDEW.DE vs. E500.DE - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, which is greater than E500.DE's maximum drawdown of -34.19%. Use the drawdown chart below to compare losses from any high point for XDEW.DE and E500.DE.
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Drawdown Indicators
| XDEW.DE | E500.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -34.19% | -4.60% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -9.24% | +4.18% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -18.50% | -4.20% |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | -25.81% | +3.11% |
Max Drawdown (10Y)Largest decline over 10 years | -38.79% | -34.19% | -4.60% |
Current DrawdownCurrent decline from peak | 0.00% | -3.17% | +3.17% |
Average DrawdownAverage peak-to-trough decline | -5.36% | -4.77% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 2.13% | -0.47% |
Volatility
XDEW.DE vs. E500.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) is 2.27%, while Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) has a volatility of 3.13%. This indicates that XDEW.DE experiences smaller price fluctuations and is considered to be less risky than E500.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDEW.DE | E500.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.27% | 3.13% | -0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 6.85% | 9.32% | -2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.74% | 12.01% | -1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 16.05% | -1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 16.35% | +0.49% |
XDEW.DE vs. E500.DE - Expense Ratio Comparison
XDEW.DE has a 0.20% expense ratio, which is higher than E500.DE's 0.05% 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
XDEW.DE vs. E500.DE - Dividend Comparison
Neither XDEW.DE nor E500.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEW.DE and E500.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, E500.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
E500.DE is cheaper with a 0.05% expense ratio, compared with 0.20% for XDEW.DE.
XDEW.DE tracks S&P 500 Equal Weight Index, while E500.DE tracks S&P 500 Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.20% for XDEW.DE and 0.05% for E500.DE.
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