XDN0.DE vs. ASWA.DE
XDN0.DE (Xtrackers MSCI Nordic UCITS ETF 1D) and ASWA.DE (HANetf European Green Deal UCITS ETF Acc) are both Europe Equities funds - XDN0.DE tracks the MSCI Nordic Countries NR EUR while ASWA.DE tracks the SGI European Green Deal ESG Screened. Both are passively managed. Over the past year, XDN0.DE returned 11.58% vs 0.26% for ASWA.DE. A 0.60 correlation means they provide meaningful diversification when combined. XDN0.DE charges 0.30%/yr vs 0.60%/yr for ASWA.DE.
Performance
XDN0.DE vs. ASWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDN0.DE achieves a 8.65% return, which is significantly higher than ASWA.DE's -10.58% return.
XDN0.DE
- 1D
- 0.46%
- 1M
- 2.62%
- YTD
- 8.65%
- 6M
- 12.79%
- 1Y
- 11.58%
- 3Y*
- 8.43%
- 5Y*
- 5.54%
- 10Y*
- 8.74%
ASWA.DE
- 1D
- -0.09%
- 1M
- 0.41%
- YTD
- -10.58%
- 6M
- -9.71%
- 1Y
- 0.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDN0.DE vs. ASWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XDN0.DE Xtrackers MSCI Nordic UCITS ETF 1D | 8.65% | 7.27% | -1.40% | 10.92% |
ASWA.DE HANetf European Green Deal UCITS ETF Acc | -10.58% | 26.07% | -11.37% | -2.40% |
Correlation
The correlation between XDN0.DE and ASWA.DE is 0.56, 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 | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.60 |
The correlation between XDN0.DE and ASWA.DE has been stable across timeframes, ranging from 0.56 to 0.60 - a consistent structural relationship.
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Return for Risk
XDN0.DE vs. ASWA.DE — Risk / Return Rank
XDN0.DE
ASWA.DE
XDN0.DE vs. ASWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.DE) and HANetf European Green Deal UCITS ETF Acc (ASWA.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.
| XDN0.DE | ASWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.06 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 0.01 | +1.10 |
| Martin ratioReturn relative to average drawdown | 2.83 | 0.03 | +2.80 |
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
| XDN0.DE | ASWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 0.01 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | -0.04 | +0.55 |
Drawdowns
XDN0.DE vs. ASWA.DE - Drawdown Comparison
The maximum XDN0.DE drawdown since its inception was -32.67%, which is greater than ASWA.DE's maximum drawdown of -30.36%. Use the drawdown chart below to compare losses from any high point for XDN0.DE and ASWA.DE.
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Drawdown Indicators
| XDN0.DE | ASWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.67% | -30.36% | -2.31% |
Max Drawdown (1Y)Largest decline over 1 year | -10.44% | -30.36% | +19.92% |
Max Drawdown (3Y)Largest decline over 3 years | -26.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.41% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.67% | — | — |
Current DrawdownCurrent decline from peak | -1.63% | -23.85% | +22.22% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -8.15% | +1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.09% | 10.54% | -6.45% |
Volatility
XDN0.DE vs. ASWA.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.DE) is 4.36%, while HANetf European Green Deal UCITS ETF Acc (ASWA.DE) has a volatility of 7.52%. This indicates that XDN0.DE experiences smaller price fluctuations and is considered to be less risky than ASWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDN0.DE | ASWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.36% | 7.52% | -3.16% |
Volatility (6M)Calculated over the trailing 6-month period | 12.02% | 37.06% | -25.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.03% | 33.68% | -17.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 24.72% | -7.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.08% | 24.72% | -7.64% |
XDN0.DE vs. ASWA.DE - Expense Ratio Comparison
XDN0.DE has a 0.30% expense ratio, which is lower than ASWA.DE's 0.60% expense ratio.
Dividends
XDN0.DE vs. ASWA.DE - Dividend Comparison
XDN0.DE's dividend yield for the trailing twelve months is around 2.49%, while ASWA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ASWA.DE HANetf European Green Deal UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDN0.DE Xtrackers MSCI Nordic UCITS ETF 1D | 2.49% | 2.84% | 2.76% | 2.54% | 4.77% | 1.05% | 4.85% | 4.09% | 1.09% | 2.45% | 1.64% |
Frequently Asked Questions
XDN0.DE and ASWA.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDN0.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDN0.DE is cheaper with a 0.30% expense ratio, compared with 0.60% for ASWA.DE.
XDN0.DE tracks MSCI Nordic Countries NR EUR, while ASWA.DE tracks SGI European Green Deal ESG Screened. They also come from different issuers: Xtrackers and HANetf. Their fees differ too: 0.30% for XDN0.DE and 0.60% for ASWA.DE.
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