XDUK.L vs. HDEU.L
XDUK.L (Xtrackers FTSE 100 UCITS ETF 1C) and HDEU.L (PowerShares EURO STOXX High Dividend Low Volatility UCITS) are both Europe Equities funds - XDUK.L tracks the FTSE AllSh TR GBP while HDEU.L tracks the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, XDUK.L returned 9.01%/yr vs 9.21%/yr for HDEU.L. A 0.70 correlation means they provide meaningful diversification when combined. XDUK.L charges 0.09%/yr vs 0.30%/yr for HDEU.L.
Performance
XDUK.L vs. HDEU.L - Performance Comparison
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Different Trading Currencies
XDUK.L is traded in GBp, while HDEU.L is traded in EUR. To make them comparable, the HDEU.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDUK.L achieves a 5.82% return, which is significantly lower than HDEU.L's 9.40% return. Both investments have delivered pretty close results over the past 10 years, with XDUK.L having a 9.01% annualized return and HDEU.L not far ahead at 9.21%.
XDUK.L
- 1D
- 0.13%
- 1M
- -0.31%
- YTD
- 5.82%
- 6M
- 8.72%
- 1Y
- 20.63%
- 3Y*
- 14.75%
- 5Y*
- 11.68%
- 10Y*
- 9.01%
HDEU.L
- 1D
- -0.21%
- 1M
- -0.66%
- YTD
- 9.40%
- 6M
- 11.18%
- 1Y
- 23.90%
- 3Y*
- 20.31%
- 5Y*
- 12.87%
- 10Y*
- 9.21%
XDUK.L vs. HDEU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDUK.L Xtrackers FTSE 100 UCITS ETF 1C | 5.82% | 25.82% | 9.40% | 7.51% | 4.63% | 17.70% | -11.21% | 17.28% | -9.34% | 12.34% |
HDEU.L PowerShares EURO STOXX High Dividend Low Volatility UCITS | 9.40% | 43.14% | 5.17% | 11.31% | -3.49% | 13.90% | -13.33% | 10.68% | -7.27% | 14.71% |
Correlation
The correlation between XDUK.L and HDEU.L is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2016 | 0.70 |
The correlation between XDUK.L and HDEU.L has been stable across timeframes, ranging from 0.64 to 0.70 - a consistent structural relationship.
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Return for Risk
XDUK.L vs. HDEU.L — Risk / Return Rank
XDUK.L
HDEU.L
XDUK.L vs. HDEU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE 100 UCITS ETF 1C (XDUK.L) and PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L). 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.
| XDUK.L | HDEU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.42 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 3.38 | -1.13 |
| Martin ratioReturn relative to average drawdown | 7.78 | 11.55 | -3.77 |
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
| XDUK.L | HDEU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 2.30 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.92 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.58 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.60 | -0.06 |
Drawdowns
XDUK.L vs. HDEU.L - Drawdown Comparison
The maximum XDUK.L drawdown since its inception was -34.28%, roughly equal to the maximum HDEU.L drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for XDUK.L and HDEU.L.
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Drawdown Indicators
| XDUK.L | HDEU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.28% | -35.89% | +1.61% |
Max Drawdown (1Y)Largest decline over 1 year | -9.20% | -7.16% | -2.04% |
Max Drawdown (3Y)Largest decline over 3 years | -12.84% | -11.63% | -1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -12.84% | -19.85% | +7.01% |
Max Drawdown (10Y)Largest decline over 10 years | -34.28% | -35.89% | +1.61% |
Current DrawdownCurrent decline from peak | -4.10% | -2.07% | -2.03% |
Average DrawdownAverage peak-to-trough decline | -4.51% | -5.39% | +0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 2.10% | +0.56% |
Volatility
XDUK.L vs. HDEU.L - Volatility Comparison
Xtrackers FTSE 100 UCITS ETF 1C (XDUK.L) has a higher volatility of 4.04% compared to PowerShares EURO STOXX High Dividend Low Volatility UCITS (HDEU.L) at 3.24%. This indicates that XDUK.L's price experiences larger fluctuations and is considered to be riskier than HDEU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDUK.L | HDEU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.04% | 3.24% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 9.64% | 8.18% | +1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.01% | 10.52% | +0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 13.95% | -1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 16.05% | -0.94% |
XDUK.L vs. HDEU.L - Expense Ratio Comparison
XDUK.L has a 0.09% expense ratio, which is lower than HDEU.L's 0.30% expense ratio.
Dividends
XDUK.L vs. HDEU.L - Dividend Comparison
XDUK.L has not paid dividends to shareholders, while HDEU.L's dividend yield for the trailing twelve months is around 3.98%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
HDEU.L PowerShares EURO STOXX High Dividend Low Volatility UCITS | 3.98% | 4.71% | 5.77% | 5.56% | 5.60% | 4.21% | 3.04% | 4.50% | 4.38% | 3.44% | 3.59% |
XDUK.L Xtrackers FTSE 100 UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XDUK.L and HDEU.L have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDUK.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDUK.L is cheaper with a 0.09% expense ratio, compared with 0.30% for HDEU.L.
XDUK.L tracks FTSE AllSh TR GBP, while HDEU.L tracks MSCI EMU NR EUR. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.09% for XDUK.L and 0.30% for HDEU.L.
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