XDN0.DE vs. XDEW.DE
XDN0.DE (Xtrackers MSCI Nordic UCITS ETF 1D) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XDN0.DE is a Europe Equities fund tracking the MSCI Nordic Countries NR EUR, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, XDN0.DE returned 8.78%/yr vs 11.04%/yr for XDEW.DE. A 0.64 correlation means they provide meaningful diversification when combined. XDN0.DE charges 0.30%/yr vs 0.20%/yr for XDEW.DE.
Performance
XDN0.DE vs. XDEW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDN0.DE achieves a 8.55% return, which is significantly lower than XDEW.DE's 14.50% return. Over the past 10 years, XDN0.DE has underperformed XDEW.DE with an annualized return of 8.78%, while XDEW.DE has yielded a comparatively higher 11.04% 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%
XDEW.DE
- 1D
- -0.34%
- 1M
- 2.32%
- 6M
- 9.75%
- YTD
- 14.50%
- 1Y
- 19.87%
- 3Y*
- 12.62%
- 5Y*
- 9.52%
- 10Y*
- 11.04%
XDN0.DE vs. XDEW.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% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.50% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between XDN0.DE and XDEW.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.64 |
The correlation between XDN0.DE and XDEW.DE shifts across timeframes, from 0.49 (3 years) to 0.64 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XDN0.DE vs. XDEW.DE — Risk / Return Rank
XDN0.DE
XDEW.DE
XDN0.DE vs. XDEW.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 Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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 | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.35 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 3.91 | -2.35 |
| Martin ratioReturn relative to average drawdown | 4.74 | 12.05 | -7.31 |
Loading charts...
Drawdowns
XDN0.DE vs. XDEW.DE - Drawdown Comparison
The maximum XDN0.DE drawdown since its inception was -32.65%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XDN0.DE and XDEW.DE.
Loading charts...
Drawdown Indicators
| XDN0.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.65% | -38.79% | +6.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.65% | -5.06% | -4.59% |
Max Drawdown (3Y)Largest decline over 3 years | -26.41% | -22.70% | -3.71% |
Max Drawdown (5Y)Largest decline over 5 years | -26.41% | -22.70% | -3.71% |
Max Drawdown (10Y)Largest decline over 10 years | -32.65% | -38.79% | +6.14% |
Current DrawdownCurrent decline from peak | -1.72% | -0.61% | -1.11% |
Average DrawdownAverage peak-to-trough decline | -6.56% | -5.33% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 1.65% | +1.54% |
Volatility
XDN0.DE vs. XDEW.DE - Volatility Comparison
Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.DE) has a higher volatility of 3.63% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.81%. This indicates that XDN0.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDN0.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 2.81% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 12.05% | 6.82% | +5.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.03% | 10.43% | +5.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.52% | 14.90% | +2.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 16.80% | +0.05% |
XDN0.DE vs. XDEW.DE - Expense Ratio Comparison
XDN0.DE has a 0.30% expense ratio, which is higher than XDEW.DE's 0.20% expense ratio.
Dividends
XDN0.DE vs. XDEW.DE - Dividend Comparison
XDN0.DE's dividend yield for the trailing twelve months is around 2.49%, while XDEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 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 XDEW.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEW.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for XDN0.DE.
XDN0.DE is categorized as Europe Equities, while XDEW.DE is S&P 500. XDN0.DE tracks MSCI Nordic Countries NR EUR, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.30% for XDN0.DE and 0.20% for XDEW.DE.
Find the right allocation for XDN0.DE and XDEW.DE
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