XDPD.DE vs. IBCK.DE
XDPD.DE (Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist)) and IBCK.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)) are both S&P 500 funds - XDPD.DE tracks the S&P 500 Index (EUR Hedged) while IBCK.DE tracks the S&P 500 Minimum Volatility. Both are passively managed. Over the past 5 years, XDPD.DE returned 10.14%/yr vs 9.35%/yr for IBCK.DE. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
XDPD.DE vs. IBCK.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with XDPD.DE having a 7.76% return and IBCK.DE slightly lower at 7.43%.
XDPD.DE
- 1D
- 0.19%
- 1M
- -1.01%
- 6M
- 8.74%
- YTD
- 7.76%
- 1Y
- 17.59%
- 3Y*
- 17.59%
- 5Y*
- 10.14%
- 10Y*
- —
IBCK.DE
- 1D
- 0.32%
- 1M
- 2.18%
- 6M
- 8.69%
- YTD
- 7.43%
- 1Y
- 12.87%
- 3Y*
- 11.19%
- 5Y*
- 9.35%
- 10Y*
- 9.86%
XDPD.DE vs. IBCK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XDPD.DE Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) | 7.76% | 15.06% | 22.79% | 23.30% | -21.97% | 28.50% | 15.04% | 27.19% | -9.26% |
IBCK.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) | 7.43% | -0.69% | 25.61% | 6.20% | -6.04% | 35.73% | -2.18% | 34.86% | -8.03% |
Correlation
The correlation between XDPD.DE and IBCK.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018 | 0.72 |
The correlation between XDPD.DE and IBCK.DE shifts across timeframes, from 0.58 (3 years) to 0.72 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDPD.DE vs. IBCK.DE — Risk / Return Rank
XDPD.DE
IBCK.DE
XDPD.DE vs. IBCK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) (XDPD.DE) and iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.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.
| XDPD.DE | IBCK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 2.52 | -0.50 |
| Martin ratioReturn relative to average drawdown | 8.10 | 7.80 | +0.30 |
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Drawdowns
XDPD.DE vs. IBCK.DE - Drawdown Comparison
The maximum XDPD.DE drawdown since its inception was -34.14%, roughly equal to the maximum IBCK.DE drawdown of -33.12%. Use the drawdown chart below to compare losses from any high point for XDPD.DE and IBCK.DE.
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Drawdown Indicators
| XDPD.DE | IBCK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.14% | -33.12% | -1.02% |
Max Drawdown (1Y)Largest decline over 1 year | -8.67% | -5.08% | -3.59% |
Max Drawdown (3Y)Largest decline over 3 years | -18.51% | -17.55% | -0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -17.55% | -8.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.12% | — |
Current DrawdownCurrent decline from peak | -1.57% | -0.20% | -1.37% |
Average DrawdownAverage peak-to-trough decline | -5.85% | -6.52% | +0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 1.65% | +0.52% |
Volatility
XDPD.DE vs. IBCK.DE - Volatility Comparison
Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) (XDPD.DE) has a higher volatility of 4.04% compared to iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) at 2.28%. This indicates that XDPD.DE's price experiences larger fluctuations and is considered to be riskier than IBCK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDPD.DE | IBCK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.04% | 2.28% | +1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 9.20% | 5.74% | +3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.06% | 8.75% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 12.37% | +3.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.69% | 13.97% | +3.72% |
XDPD.DE vs. IBCK.DE - Expense Ratio Comparison
Both XDPD.DE and IBCK.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XDPD.DE vs. IBCK.DE - Dividend Comparison
XDPD.DE's dividend yield for the trailing twelve months is around 0.71%, while IBCK.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBCK.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDPD.DE Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) | 0.71% | 0.80% | 0.89% | 1.04% | 1.91% | 0.85% | 1.43% |
Frequently Asked Questions
XDPD.DE and IBCK.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XDPD.DE and IBCK.DE have the same expense ratio: 0.20% per year.
XDPD.DE tracks S&P 500 Index (EUR Hedged), while IBCK.DE tracks S&P 500 Minimum Volatility. They also come from different issuers: Xtrackers and iShares.
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