XDJE.DE vs. XESC.DE

Last updated Jul 4, 2026

XDJE.DE (Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)) and XESC.DE (Xtrackers EURO STOXX 50 UCITS ETF 1C) are both exchange-traded funds - XDJE.DE is a Japan Equities fund tracking the Nikkei 225 Index (EUR Hedged), while XESC.DE is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 5 years, XDJE.DE returned 22.73%/yr vs 12.51%/yr for XESC.DE. A 0.68 correlation means they provide meaningful diversification when combined. XDJE.DE charges 0.19%/yr vs 0.09%/yr for XESC.DE.

Performance

XDJE.DE vs. XESC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) and Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDJE.DE achieves a 39.34% return, which is significantly higher than XESC.DE's 11.96% return.

XDJE.DE

• 1D: 1.66%
• 1M: 2.25%
• 6M: 38.79%
• YTD: 39.34%
• 1Y: 77.62%
• 3Y*: 32.58%
• 5Y*: 22.73%
• 10Y*: —

XESC.DE

• 1D: 0.00%
• 1M: 5.24%
• 6M: 10.86%
• YTD: 11.96%
• 1Y: 22.20%
• 3Y*: 16.35%
• 5Y*: 12.51%
• 10Y*: 11.67%

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

XDJE.DE vs. XESC.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)	39.34%	30.93%	23.55%	35.26%	-9.02%	5.24%	16.17%	16.86%	-7.63%
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C	11.96%	22.24%	11.06%	22.50%	-8.87%	23.54%	-2.88%	30.09%	-6.79%

Correlation

The correlation between XDJE.DE and XESC.DE is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018	0.68

The correlation between XDJE.DE and XESC.DE shifts across timeframes, from 0.57 (3 years) to 0.68 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XDJE.DE vs. XESC.DE — Risk / Return Rank

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

XDJE.DE

XDJE.DE Risk / Return Rank: 93
XDJE.DE Sharpe Ratio Rank: 95
XDJE.DE Sortino Ratio Rank: 93
XDJE.DE Omega Ratio Rank: 91
XDJE.DE Calmar Ratio Rank: 95
XDJE.DE Martin Ratio Rank: 93

XESC.DE

XESC.DE Risk / Return Rank: 49
XESC.DE Sharpe Ratio Rank: 47
XESC.DE Sortino Ratio Rank: 51
XESC.DE Omega Ratio Rank: 47
XESC.DE Calmar Ratio Rank: 48
XESC.DE Martin Ratio Rank: 50

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.

XDJE.DE vs. XESC.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) and Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.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.

	XDJE.DE	XESC.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.96	1.38	+1.58
Sortino ratio: Return per unit of downside risk	3.88	2.10	+1.79
Omega ratio: Gain probability vs. loss probability	1.48	1.25	+0.23
Calmar ratio: Return relative to maximum drawdown	6.05	2.04	+4.01
Martin ratio: Return relative to average drawdown	19.40	7.10	+12.31

XDJE.DE vs. XESC.DE - Sharpe Ratio Comparison

The current XDJE.DE Sharpe Ratio is 2.96, which is higher than the XESC.DE Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of XDJE.DE and XESC.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

XDJE.DE vs. XESC.DE - Drawdown Comparison

The maximum XDJE.DE drawdown since its inception was -32.45%, smaller than the maximum XESC.DE drawdown of -46.74%. Use the drawdown chart below to compare losses from any high point for XDJE.DE and XESC.DE.

Drawdown Indicators

	XDJE.DE	XESC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.45%	-46.74%	+14.29%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-10.88%	-1.89%
Max Drawdown (3Y) Largest decline over 3 years	-22.87%	-16.53%	-6.34%
Max Drawdown (5Y) Largest decline over 5 years	-22.87%	-23.33%	+0.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.51%	—
Current Drawdown Current decline from peak	-4.38%	0.00%	-4.38%
Average Drawdown Average peak-to-trough decline	-6.08%	-9.05%	+2.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	3.13%	+0.86%

Volatility

XDJE.DE vs. XESC.DE - Volatility Comparison

Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist) (XDJE.DE) has a higher volatility of 10.10% compared to Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) at 3.86%. This indicates that XDJE.DE's price experiences larger fluctuations and is considered to be riskier than XESC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDJE.DE	XESC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.10%	3.86%	+6.24%
Volatility (6M) Calculated over the trailing 6-month period	20.83%	13.34%	+7.49%
Volatility (1Y) Calculated over the trailing 1-year period	26.12%	16.07%	+10.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.08%	17.58%	+3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.00%	17.93%	+4.07%

XDJE.DE vs. XESC.DE - Expense Ratio Comparison

XDJE.DE has a 0.19% expense ratio, which is higher than XESC.DE's 0.09% 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

XDJE.DE vs. XESC.DE - Dividend Comparison

XDJE.DE's dividend yield for the trailing twelve months is around 0.79%, while XESC.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
XDJE.DE Xtrackers Nikkei 225 UCITS ETF EUR Hedged (Dist)	0.79%	1.11%	1.21%	1.32%	2.27%	1.08%	1.00%
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDJE.DE and XESC.DE in my portfolio?

XDJE.DE and XESC.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDJE.DE or XESC.DE?

On fees, XESC.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDJE.DE or XESC.DE?

XESC.DE is cheaper with a 0.09% expense ratio, compared with 0.19% for XDJE.DE.

What is the main difference between XDJE.DE and XESC.DE?

XDJE.DE is categorized as Japan Equities, while XESC.DE is Europe Equities. XDJE.DE tracks Nikkei 225 Index (EUR Hedged), while XESC.DE tracks MSCI EMU NR EUR. Their fees differ too: 0.19% for XDJE.DE and 0.09% for XESC.DE.