XDN0.L vs. FNORX
Compare and contrast key facts about Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L) and Fidelity Nordic Fund (FNORX).
XDN0.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI Nordic Countries NR EUR. It was launched on Sep 4, 2013. FNORX is managed by Fidelity. It was launched on Nov 1, 1995.
Performance
XDN0.L vs. FNORX - Performance Comparison
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XDN0.L vs. FNORX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDN0.L Xtrackers MSCI Nordic UCITS ETF 1D | 1.25% | 12.19% | -5.68% | 14.11% | -5.97% | 20.44% | 23.02% | 16.30% | -6.01% | 15.05% |
FNORX Fidelity Nordic Fund | 3.52% | 16.89% | -2.85% | 14.81% | -9.70% | 13.84% | 38.83% | 12.80% | -6.32% | 11.89% |
Different Trading Currencies
XDN0.L is traded in GBp, while FNORX is traded in USD. To make them comparable, the FNORX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDN0.L achieves a 1.25% return, which is significantly lower than FNORX's 3.52% return. Both investments have delivered pretty close results over the past 10 years, with XDN0.L having a 9.29% annualized return and FNORX not far ahead at 9.64%.
XDN0.L
- 1D
- 2.25%
- 1M
- -2.25%
- YTD
- 1.25%
- 6M
- 6.31%
- 1Y
- 11.75%
- 3Y*
- 5.47%
- 5Y*
- 5.90%
- 10Y*
- 9.29%
FNORX
- 1D
- 3.71%
- 1M
- -2.09%
- YTD
- 3.52%
- 6M
- 8.46%
- 1Y
- 13.74%
- 3Y*
- 7.78%
- 5Y*
- 6.36%
- 10Y*
- 9.64%
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XDN0.L vs. FNORX - Expense Ratio Comparison
XDN0.L has a 0.30% expense ratio, which is lower than FNORX's 0.92% expense ratio.
Return for Risk
XDN0.L vs. FNORX — Risk / Return Rank
XDN0.L
FNORX
XDN0.L vs. FNORX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L) and Fidelity Nordic Fund (FNORX). 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.L | FNORX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.68 | 0.94 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.00 | 1.36 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.18 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.12 | 1.50 | -0.38 |
Martin ratioReturn relative to average drawdown | 3.54 | 4.11 | -0.57 |
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.L | FNORX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 0.94 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.40 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.57 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.41 | +0.19 |
Correlation
The correlation between XDN0.L and FNORX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
XDN0.L vs. FNORX - Dividend Comparison
XDN0.L's dividend yield for the trailing twelve months is around 2.66%, less than FNORX's 8.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDN0.L Xtrackers MSCI Nordic UCITS ETF 1D | 2.66% | 2.80% | 2.83% | 2.51% | 4.53% | 1.09% | 4.82% | 4.18% | 1.05% | 2.34% | 1.52% | 0.00% |
FNORX Fidelity Nordic Fund | 8.60% | 8.74% | 6.14% | 0.05% | 0.00% | 14.85% | 3.29% | 4.59% | 10.78% | 3.13% | 1.71% | 1.32% |
Drawdowns
XDN0.L vs. FNORX - Drawdown Comparison
The maximum XDN0.L drawdown since its inception was -24.85%, smaller than the maximum FNORX drawdown of -55.39%. Use the drawdown chart below to compare losses from any high point for XDN0.L and FNORX.
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Drawdown Indicators
| XDN0.L | FNORX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.85% | -69.72% | +44.87% |
Max Drawdown (1Y)Largest decline over 1 year | -10.92% | -12.98% | +2.06% |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | -38.15% | +13.37% |
Max Drawdown (10Y)Largest decline over 10 years | -24.85% | -38.15% | +13.30% |
Current DrawdownCurrent decline from peak | -5.08% | -8.55% | +3.47% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -17.53% | +11.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 4.24% | -0.61% |
Volatility
XDN0.L vs. FNORX - Volatility Comparison
The current volatility for Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L) is 5.82%, while Fidelity Nordic Fund (FNORX) has a volatility of 6.93%. This indicates that XDN0.L experiences smaller price fluctuations and is considered to be less risky than FNORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDN0.L | FNORX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.82% | 6.93% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 11.39% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.29% | 16.14% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.39% | 15.85% | +1.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.31% | 16.90% | +1.41% |