XDN0.DE vs. EXXX.DE
XDN0.DE (Xtrackers MSCI Nordic UCITS ETF 1D) and EXXX.DE (iShares ATX UCITS ETF (DE)) are both Europe Equities funds - XDN0.DE tracks the MSCI Nordic Countries NR EUR while EXXX.DE tracks the ATX Index. Both are passively managed. Over the past 10 years, XDN0.DE returned 8.78%/yr vs 14.21%/yr for EXXX.DE. A 0.66 correlation means they provide meaningful diversification when combined. XDN0.DE charges 0.30%/yr vs 0.32%/yr for EXXX.DE.
Performance
XDN0.DE vs. EXXX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDN0.DE achieves a 8.55% return, which is significantly lower than EXXX.DE's 22.53% return. Over the past 10 years, XDN0.DE has underperformed EXXX.DE with an annualized return of 8.78%, while EXXX.DE has yielded a comparatively higher 14.21% annualized return.
XDN0.DE
- 1D
- -0.26%
- 1M
- 1.38%
- 6M
- 2.31%
- YTD
- 8.55%
- 1Y
- 15.16%
- 3Y*
- 8.69%
- 5Y*
- 4.88%
- 10Y*
- 8.78%
EXXX.DE
- 1D
- -1.55%
- 1M
- -2.82%
- 6M
- 19.05%
- YTD
- 22.53%
- 1Y
- 45.03%
- 3Y*
- 30.20%
- 5Y*
- 17.45%
- 10Y*
- 14.21%
XDN0.DE vs. EXXX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDN0.DE Xtrackers MSCI Nordic UCITS ETF 1D | 8.55% | 7.26% | -1.39% | 16.41% | -11.36% | 28.46% | 16.10% | 25.06% | -7.73% | 10.71% |
EXXX.DE iShares ATX UCITS ETF (DE) | 22.53% | 51.31% | 10.39% | 13.71% | -16.43% | 42.16% | -11.27% | 19.95% | -18.96% | 32.71% |
Correlation
The correlation between XDN0.DE and EXXX.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 (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2013 | 0.66 |
The correlation between XDN0.DE and EXXX.DE has been stable across timeframes, ranging from 0.57 to 0.66 - a consistent structural relationship.
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Return for Risk
XDN0.DE vs. EXXX.DE — Risk / Return Rank
XDN0.DE
EXXX.DE
XDN0.DE vs. EXXX.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 iShares ATX UCITS ETF (DE) (EXXX.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.
| XDN0.DE | EXXX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.43 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 4.19 | -2.62 |
| Martin ratioReturn relative to average drawdown | 4.74 | 14.04 | -9.30 |
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Drawdowns
XDN0.DE vs. EXXX.DE - Drawdown Comparison
The maximum XDN0.DE drawdown since its inception was -32.65%, smaller than the maximum EXXX.DE drawdown of -71.43%. Use the drawdown chart below to compare losses from any high point for XDN0.DE and EXXX.DE.
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Drawdown Indicators
| XDN0.DE | EXXX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.65% | -71.43% | +38.78% |
Max Drawdown (1Y)Largest decline over 1 year | -9.65% | -10.71% | +1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -26.41% | -16.11% | -10.30% |
Max Drawdown (5Y)Largest decline over 5 years | -26.41% | -32.69% | +6.28% |
Max Drawdown (10Y)Largest decline over 10 years | -32.65% | -52.90% | +20.25% |
Current DrawdownCurrent decline from peak | -1.72% | -3.48% | +1.76% |
Average DrawdownAverage peak-to-trough decline | -6.56% | -28.47% | +21.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 3.20% | -0.01% |
Volatility
XDN0.DE vs. EXXX.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.DE) is 3.63%, while iShares ATX UCITS ETF (DE) (EXXX.DE) has a volatility of 4.88%. This indicates that XDN0.DE experiences smaller price fluctuations and is considered to be less risky than EXXX.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 | EXXX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 4.88% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 12.05% | 14.74% | -2.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.03% | 17.54% | -1.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.52% | 19.15% | -1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 19.93% | -3.08% |
XDN0.DE vs. EXXX.DE - Expense Ratio Comparison
XDN0.DE has a 0.30% expense ratio, which is lower than EXXX.DE's 0.32% expense ratio.
Dividends
XDN0.DE vs. EXXX.DE - Dividend Comparison
XDN0.DE's dividend yield for the trailing twelve months is around 2.49%, less than EXXX.DE's 3.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXXX.DE iShares ATX UCITS ETF (DE) | 3.01% | 2.53% | 4.30% | 3.53% | 3.61% | 1.04% | 1.18% | 1.73% | 0.48% | 0.65% | 1.08% | 1.65% |
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% | 0.00% |
Frequently Asked Questions
XDN0.DE and EXXX.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.
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 0.32% for EXXX.DE.
XDN0.DE tracks MSCI Nordic Countries NR EUR, while EXXX.DE tracks ATX Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.30% for XDN0.DE and 0.32% for EXXX.DE.
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