XDNE.DE vs. XNAS.DE
XDNE.DE (Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc)) and XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) are both exchange-traded funds - XDNE.DE is a Japan Equities fund tracking the MSCI Japan Select Screened Index (EUR Hedged), while XNAS.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, XDNE.DE returned 19.01%/yr vs 16.39%/yr for XNAS.DE. A 0.54 correlation means they provide meaningful diversification when combined. XDNE.DE charges 0.25%/yr vs 0.20%/yr for XNAS.DE.
Performance
XDNE.DE vs. XNAS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDNE.DE achieves a 21.20% return, which is significantly higher than XNAS.DE's 19.10% return.
XDNE.DE
- 1D
- 1.85%
- 1M
- 2.84%
- 6M
- 20.84%
- YTD
- 21.20%
- 1Y
- 47.69%
- 3Y*
- 25.07%
- 5Y*
- 19.01%
- 10Y*
- 14.58%
XNAS.DE
- 1D
- 0.00%
- 1M
- -2.01%
- 6M
- 20.42%
- YTD
- 19.10%
- 1Y
- 33.14%
- 3Y*
- 23.27%
- 5Y*
- 16.39%
- 10Y*
- —
XDNE.DE vs. XNAS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XDNE.DE Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) | 21.20% | 25.99% | 21.86% | 32.65% | -6.33% | 7.84% |
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 19.10% | 7.11% | 33.75% | 51.36% | -29.99% | 31.23% |
Correlation
The correlation between XDNE.DE and XNAS.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2021 | 0.54 |
The correlation between XDNE.DE and XNAS.DE has been stable across timeframes, ranging from 0.49 to 0.55 - a consistent structural relationship.
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
XDNE.DE vs. XNAS.DE — Risk / Return Rank
XDNE.DE
XNAS.DE
XDNE.DE vs. XNAS.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 Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.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 | XNAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.35 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.77 | 3.33 | +1.44 |
| Martin ratioReturn relative to average drawdown | 16.39 | 9.64 | +6.75 |
Loading charts...
Drawdowns
XDNE.DE vs. XNAS.DE - Drawdown Comparison
The maximum XDNE.DE drawdown since its inception was -35.20%, which is greater than XNAS.DE's maximum drawdown of -31.25%. Use the drawdown chart below to compare losses from any high point for XDNE.DE and XNAS.DE.
Loading charts...
Drawdown Indicators
| XDNE.DE | XNAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.20% | -31.25% | -3.95% |
Max Drawdown (1Y)Largest decline over 1 year | -9.96% | -10.00% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -26.72% | +4.99% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -31.25% | +9.52% |
Max Drawdown (10Y)Largest decline over 10 years | -35.20% | — | — |
Current DrawdownCurrent decline from peak | -2.41% | -2.56% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -8.29% | -7.75% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 3.45% | -0.55% |
Volatility
XDNE.DE vs. XNAS.DE - Volatility Comparison
Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) has a higher volatility of 7.30% compared to Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) at 6.66%. This indicates that XDNE.DE's price experiences larger fluctuations and is considered to be riskier than XNAS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDNE.DE | XNAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 6.66% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 16.31% | 12.34% | +3.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.60% | 16.97% | +3.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.69% | 20.06% | -1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.53% | 19.92% | -1.39% |
XDNE.DE vs. XNAS.DE - Expense Ratio Comparison
XDNE.DE has a 0.25% expense ratio, which is higher than XNAS.DE's 0.20% 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. XNAS.DE - Dividend Comparison
Neither XDNE.DE nor XNAS.DE has paid dividends to shareholders.
Frequently Asked Questions
XDNE.DE and XNAS.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNAS.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNAS.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XDNE.DE.
XDNE.DE is categorized as Japan Equities, while XNAS.DE is Nasdaq-100. XDNE.DE tracks MSCI Japan Select Screened Index (EUR Hedged), while XNAS.DE tracks Nasdaq 100®. Their fees differ too: 0.25% for XDNE.DE and 0.20% for XNAS.DE.
Find the right allocation for XDNE.DE and XNAS.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