XDNE.DE vs. ASRY.DE

Last updated Jul 16, 2026

XDNE.DE (Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc)) and ASRY.DE (BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc) are both exchange-traded funds - XDNE.DE is a Japan Equities fund tracking the MSCI Japan Select Screened Index (EUR Hedged), while ASRY.DE is a ESG fund tracking the MSCI World Select Filtered Min TE Index. Both are passively managed. Over the past year, XDNE.DE returned 48.22% vs 23.64% for ASRY.DE. A 0.62 correlation means they provide meaningful diversification when combined. XDNE.DE charges 0.25%/yr vs 0.16%/yr for ASRY.DE.

Performance

XDNE.DE vs. ASRY.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) and BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc (ASRY.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDNE.DE achieves a 20.22% return, which is significantly higher than ASRY.DE's 12.79% return.

XDNE.DE

• 1D: -0.96%
• 1M: 0.75%
• 6M: 12.71%
• YTD: 20.22%
• 1Y: 48.22%
• 3Y*: 25.74%
• 5Y*: 19.09%
• 10Y*: 13.77%

ASRY.DE

• 1D: 0.00%
• 1M: 1.60%
• 6M: 11.21%
• YTD: 12.79%
• 1Y: 23.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XDNE.DE vs. ASRY.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XDNE.DE Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc)	20.22%	25.99%	21.86%	5.33%
ASRY.DE BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc	12.79%	7.32%	25.18%	8.29%

Correlation

The correlation between XDNE.DE and ASRY.DE is 0.66, 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	0.66
Correlation (All Time) Calculated using the full available price history since Oct 9, 2023	0.62

The correlation between XDNE.DE and ASRY.DE has been stable across timeframes, ranging from 0.62 to 0.66 - a consistent structural relationship.

Return for Risk

XDNE.DE vs. ASRY.DE — Risk / Return Rank

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

XDNE.DE

XDNE.DE Risk / Return Rank: 88
XDNE.DE Sharpe Ratio Rank: 88
XDNE.DE Sortino Ratio Rank: 86
XDNE.DE Omega Ratio Rank: 86
XDNE.DE Calmar Ratio Rank: 92
XDNE.DE Martin Ratio Rank: 90

ASRY.DE

ASRY.DE Risk / Return Rank: 82
ASRY.DE Sharpe Ratio Rank: 80
ASRY.DE Sortino Ratio Rank: 80
ASRY.DE Omega Ratio Rank: 80
ASRY.DE Calmar Ratio Rank: 82
ASRY.DE Martin Ratio Rank: 86

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.

XDNE.DE vs. ASRY.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) and BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc (ASRY.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.

	XDNE.DE	ASRY.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.30	2.04	+0.25
Sortino ratio: Return per unit of downside risk	3.14	2.87	+0.27
Omega ratio: Gain probability vs. loss probability	1.41	1.38	+0.04
Calmar ratio: Return relative to maximum drawdown	4.82	3.52	+1.30
Martin ratio: Return relative to average drawdown	16.26	14.05	+2.21

XDNE.DE vs. ASRY.DE - Sharpe Ratio Comparison

The current XDNE.DE Sharpe Ratio is 2.30, which is comparable to the ASRY.DE Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of XDNE.DE and ASRY.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

XDNE.DE vs. ASRY.DE - Drawdown Comparison

The maximum XDNE.DE drawdown since its inception was -35.20%, which is greater than ASRY.DE's maximum drawdown of -21.60%. Use the drawdown chart below to compare losses from any high point for XDNE.DE and ASRY.DE.

Drawdown Indicators

	XDNE.DE	ASRY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.20%	-21.60%	-13.60%
Max Drawdown (1Y) Largest decline over 1 year	-9.96%	-6.75%	-3.21%
Max Drawdown (3Y) Largest decline over 3 years	-21.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.73%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.20%	—	—
Current Drawdown Current decline from peak	-3.20%	-0.18%	-3.02%
Average Drawdown Average peak-to-trough decline	-8.27%	-2.55%	-5.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	1.69%	+1.27%

Volatility

XDNE.DE vs. ASRY.DE - Volatility Comparison

Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) has a higher volatility of 6.99% compared to BNP Paribas Easy MSCI World Min TE UCITS ETF EUR Acc (ASRY.DE) at 2.45%. This indicates that XDNE.DE's price experiences larger fluctuations and is considered to be riskier than ASRY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDNE.DE	ASRY.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.99%	2.45%	+4.54%
Volatility (6M) Calculated over the trailing 6-month period	16.52%	8.30%	+8.22%
Volatility (1Y) Calculated over the trailing 1-year period	20.91%	11.64%	+9.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.70%	13.46%	+5.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.48%	13.46%	+5.02%

XDNE.DE vs. ASRY.DE - Expense Ratio Comparison

XDNE.DE has a 0.25% expense ratio, which is higher than ASRY.DE's 0.16% 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

XDNE.DE vs. ASRY.DE - Dividend Comparison

Neither XDNE.DE nor ASRY.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDNE.DE and ASRY.DE in my portfolio?

XDNE.DE and ASRY.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDNE.DE or ASRY.DE?

On fees, ASRY.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDNE.DE or ASRY.DE?

ASRY.DE is cheaper with a 0.16% expense ratio, compared with 0.25% for XDNE.DE.

What is the main difference between XDNE.DE and ASRY.DE?

XDNE.DE is categorized as Japan Equities, while ASRY.DE is ESG. XDNE.DE tracks MSCI Japan Select Screened Index (EUR Hedged), while ASRY.DE tracks MSCI World Select Filtered Min TE Index. They also come from different issuers: Xtrackers and BNP Paribas. Their fees differ too: 0.25% for XDNE.DE and 0.16% for ASRY.DE.