XECT.DE vs. XDEM.DE

Last updated Jun 4, 2026

XECT.DE (Xtrackers MSCI Europe Climate Transition UCITS ETF 1C) and XDEM.DE (Xtrackers MSCI World Momentum Factor UCITS ETF 1C) are both exchange-traded funds - XECT.DE is a Europe Equities fund tracking the MSCI Europe NR EUR, while XDEM.DE is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 3 years, XECT.DE returned 11.71%/yr vs 26.58%/yr for XDEM.DE. A 0.60 correlation means they provide meaningful diversification when combined. XECT.DE charges 0.12%/yr vs 0.25%/yr for XDEM.DE.

Performance

XECT.DE vs. XDEM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Europe Climate Transition UCITS ETF 1C (XECT.DE) and Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XECT.DE achieves a 6.46% return, which is significantly lower than XDEM.DE's 23.95% return.

XECT.DE

• 1D: -0.56%
• 1M: 4.21%
• YTD: 6.46%
• 6M: 9.40%
• 1Y: 14.72%
• 3Y*: 11.71%
• 5Y*: —
• 10Y*: —

XDEM.DE

• 1D: 1.40%
• 1M: 12.03%
• YTD: 23.95%
• 6M: 26.27%
• 1Y: 32.95%
• 3Y*: 26.58%
• 5Y*: 14.96%
• 10Y*: 15.82%

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

XECT.DE vs. XDEM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XECT.DE Xtrackers MSCI Europe Climate Transition UCITS ETF 1C	6.46%	16.87%	7.18%	7.63%
XDEM.DE Xtrackers MSCI World Momentum Factor UCITS ETF 1C	23.95%	8.09%	38.24%	8.81%

Correlation

The correlation between XECT.DE and XDEM.DE is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023	0.60

The correlation between XECT.DE and XDEM.DE has been stable across timeframes, ranging from 0.59 to 0.60 - a consistent structural relationship.

Return for Risk

XECT.DE vs. XDEM.DE — Risk / Return Rank

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

XECT.DE

XECT.DE Risk / Return Rank: 30
XECT.DE Sharpe Ratio Rank: 30
XECT.DE Sortino Ratio Rank: 30
XECT.DE Omega Ratio Rank: 30
XECT.DE Calmar Ratio Rank: 27
XECT.DE Martin Ratio Rank: 33

XDEM.DE

XDEM.DE Risk / Return Rank: 64
XDEM.DE Sharpe Ratio Rank: 56
XDEM.DE Sortino Ratio Rank: 61
XDEM.DE Omega Ratio Rank: 57
XDEM.DE Calmar Ratio Rank: 72
XDEM.DE Martin Ratio Rank: 73

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.

XECT.DE vs. XDEM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Climate Transition UCITS ETF 1C (XECT.DE) and Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.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.

	XECT.DE	XDEM.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.08	1.95	-0.87
Sortino ratio: Return per unit of downside risk	1.57	2.92	-1.35
Omega ratio: Gain probability vs. loss probability	1.21	1.36	-0.15
Calmar ratio: Return relative to maximum drawdown	1.31	3.62	-2.32
Martin ratio: Return relative to average drawdown	4.80	13.88	-9.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XECT.DE vs. XDEM.DE - Sharpe Ratio Comparison

The current XECT.DE Sharpe Ratio is 1.08, which is lower than the XDEM.DE Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of XECT.DE and XDEM.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.

Sharpe Ratios by Period

	XECT.DE	XDEM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.95	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.90	0.00

Drawdowns

XECT.DE vs. XDEM.DE - Drawdown Comparison

The maximum XECT.DE drawdown since its inception was -16.63%, smaller than the maximum XDEM.DE drawdown of -30.93%. Use the drawdown chart below to compare losses from any high point for XECT.DE and XDEM.DE.

Drawdown Indicators

	XECT.DE	XDEM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-16.63%	-30.93%	+14.30%
Max Drawdown (1Y) Largest decline over 1 year	-11.20%	-9.05%	-2.15%
Max Drawdown (3Y) Largest decline over 3 years	-16.63%	-23.51%	+6.88%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.51%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-30.93%	—
Current Drawdown Current decline from peak	-2.31%	0.00%	-2.31%
Average Drawdown Average peak-to-trough decline	-2.28%	-5.97%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	2.37%	+0.69%

Volatility

XECT.DE vs. XDEM.DE - Volatility Comparison

The current volatility for Xtrackers MSCI Europe Climate Transition UCITS ETF 1C (XECT.DE) is 5.02%, while Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.DE) has a volatility of 5.81%. This indicates that XECT.DE experiences smaller price fluctuations and is considered to be less risky than XDEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XECT.DE	XDEM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.02%	5.81%	-0.79%
Volatility (6M) Calculated over the trailing 6-month period	11.30%	14.16%	-2.86%
Volatility (1Y) Calculated over the trailing 1-year period	13.52%	16.82%	-3.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.06%	17.30%	-4.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.06%	17.86%	-4.80%

XECT.DE vs. XDEM.DE - Expense Ratio Comparison

XECT.DE has a 0.12% expense ratio, which is lower than XDEM.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XECT.DE vs. XDEM.DE - Dividend Comparison

Neither XECT.DE nor XDEM.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XECT.DE and XDEM.DE in my portfolio?

XECT.DE and XDEM.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XECT.DE or XDEM.DE?

On fees, XECT.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XECT.DE or XDEM.DE?

XECT.DE is cheaper with a 0.12% expense ratio, compared with 0.25% for XDEM.DE.

What is the main difference between XECT.DE and XDEM.DE?

XECT.DE is categorized as Europe Equities, while XDEM.DE is Momentum. XECT.DE tracks MSCI Europe NR EUR, while XDEM.DE tracks MSCI World Momentum Index. Their fees differ too: 0.12% for XECT.DE and 0.25% for XDEM.DE.