XDNE.DE vs. ZPA5.DE
XDNE.DE (Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc)) and ZPA5.DE (Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc) are both exchange-traded funds - XDNE.DE is a Japan Equities fund tracking the MSCI Japan Select Screened Index (EUR Hedged), while ZPA5.DE is a ESG fund tracking the S&P 500 Net Zero 2050 Paris-Aligned ESG+ Index. Both are passively managed. Over the past year, XDNE.DE returned 41.96% vs 19.47% for ZPA5.DE. At a 0.50 correlation, their price movements are largely independent. XDNE.DE charges 0.25%/yr vs 0.07%/yr for ZPA5.DE.
Performance
XDNE.DE vs. ZPA5.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDNE.DE achieves a 16.11% return, which is significantly higher than ZPA5.DE's 10.20% return.
XDNE.DE
- 1D
- -2.56%
- 1M
- -4.37%
- 6M
- 9.10%
- YTD
- 16.11%
- 1Y
- 41.96%
- 3Y*
- 23.75%
- 5Y*
- 18.26%
- 10Y*
- 13.40%
ZPA5.DE
- 1D
- 0.00%
- 1M
- 2.18%
- 6M
- 9.16%
- YTD
- 10.20%
- 1Y
- 19.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDNE.DE vs. ZPA5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XDNE.DE Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) | 16.11% | 25.99% | 21.86% | -0.91% |
ZPA5.DE Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc | 10.20% | 2.76% | 34.10% | 4.52% |
Correlation
The correlation between XDNE.DE and ZPA5.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 (All Time) Calculated using the full available price history since Nov 27, 2023 | 0.50 |
The correlation between XDNE.DE and ZPA5.DE has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.
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Return for Risk
XDNE.DE vs. ZPA5.DE — Risk / Return Rank
XDNE.DE
ZPA5.DE
XDNE.DE vs. ZPA5.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 Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc (ZPA5.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 | ZPA5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.19 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.28 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.19 | 0.95 | +3.24 |
| Martin ratioReturn relative to average drawdown | 13.97 | 1.72 | +12.24 |
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Drawdowns
XDNE.DE vs. ZPA5.DE - Drawdown Comparison
The maximum XDNE.DE drawdown since its inception was -35.20%, which is greater than ZPA5.DE's maximum drawdown of -23.13%. Use the drawdown chart below to compare losses from any high point for XDNE.DE and ZPA5.DE.
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Drawdown Indicators
| XDNE.DE | ZPA5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.20% | -23.13% | -12.07% |
Max Drawdown (1Y)Largest decline over 1 year | -9.96% | -20.40% | +10.44% |
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 DrawdownCurrent decline from peak | -6.51% | -4.71% | -1.80% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -6.36% | -1.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 11.30% | -8.30% |
Volatility
XDNE.DE vs. ZPA5.DE - Volatility Comparison
Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) has a higher volatility of 7.16% compared to Amundi S&P 500 Climate Paris Aligned UCITS ETF Acc (ZPA5.DE) at 2.87%. This indicates that XDNE.DE's price experiences larger fluctuations and is considered to be riskier than ZPA5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDNE.DE | ZPA5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.16% | 2.87% | +4.29% |
Volatility (6M)Calculated over the trailing 6-month period | 16.76% | 8.36% | +8.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.07% | 24.46% | -3.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.73% | 19.71% | -0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.49% | 19.71% | -1.22% |
XDNE.DE vs. ZPA5.DE - Expense Ratio Comparison
XDNE.DE has a 0.25% expense ratio, which is higher than ZPA5.DE's 0.07% 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. ZPA5.DE - Dividend Comparison
Neither XDNE.DE nor ZPA5.DE has paid dividends to shareholders.
Frequently Asked Questions
XDNE.DE and ZPA5.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, ZPA5.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPA5.DE is cheaper with a 0.07% expense ratio, compared with 0.25% for XDNE.DE.
XDNE.DE is categorized as Japan Equities, while ZPA5.DE is ESG. XDNE.DE tracks MSCI Japan Select Screened Index (EUR Hedged), while ZPA5.DE tracks S&P 500 Net Zero 2050 Paris-Aligned ESG+ Index. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XDNE.DE and 0.07% for ZPA5.DE.
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