XEML vs. EUDV

Last updated Jun 6, 2026

XEML (Xtrackers Europe Market Leaders ETF) and EUDV (ProShares MSCI Europe Dividend Growers ETF) are both Europe Equities funds - XEML tracks the STOXX Europe Total Market Leaders Index while EUDV tracks the MSCI Europe Dividend Masters Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. XEML charges 0.35%/yr vs 0.55%/yr for EUDV.

Performance

XEML vs. EUDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Europe Market Leaders ETF (XEML) and ProShares MSCI Europe Dividend Growers ETF (EUDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with XEML having a 1.49% return and EUDV slightly lower at 1.44%.

XEML

• 1D: -1.83%
• 1M: -1.97%
• YTD: 1.49%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EUDV

• 1D: -1.71%
• 1M: -2.99%
• YTD: 1.44%
• 6M: 2.13%
• 1Y: -0.83%
• 3Y*: 7.35%
• 5Y*: 2.33%
• 10Y*: 5.04%

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

XEML vs. EUDV - Yearly Performance Comparison

	2026 (YTD)	2025
XEML Xtrackers Europe Market Leaders ETF	1.49%	-0.42%
EUDV ProShares MSCI Europe Dividend Growers ETF	1.44%	-0.13%

Correlation

The correlation between XEML and EUDV is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 24, 2025	0.90

Return for Risk

XEML vs. EUDV — Risk / Return Rank

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

EUDV

EUDV Risk / Return Rank: 8
EUDV Sharpe Ratio Rank: 9
EUDV Sortino Ratio Rank: 8
EUDV Omega Ratio Rank: 8
EUDV Calmar Ratio Rank: 8
EUDV Martin Ratio Rank: 8

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.

XEML vs. EUDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Market Leaders ETF (XEML) and ProShares MSCI Europe Dividend Growers ETF (EUDV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XEML	EUDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.14	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.27	-0.15

Drawdowns

XEML vs. EUDV - Drawdown Comparison

The maximum XEML drawdown since its inception was -13.49%, smaller than the maximum EUDV drawdown of -37.51%. Use the drawdown chart below to compare losses from any high point for XEML and EUDV.

Drawdown Indicators

	XEML	EUDV	Difference
Max Drawdown Largest peak-to-trough decline	-13.49%	-37.51%	+24.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.63%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.51%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.51%	—
Current Drawdown Current decline from peak	-6.81%	-4.45%	-2.36%
Average Drawdown Average peak-to-trough decline	-4.93%	-8.61%	+3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.23%	—

Volatility

Volatility by Period

	XEML	EUDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.83%	14.24%	+5.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.83%	16.17%	+3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.83%	17.43%	+2.40%

XEML vs. EUDV - Expense Ratio Comparison

XEML has a 0.35% expense ratio, which is lower than EUDV's 0.55% expense ratio.

Dividends

XEML vs. EUDV - Dividend Comparison

XEML's dividend yield for the trailing twelve months is around 0.10%, less than EUDV's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUDV ProShares MSCI Europe Dividend Growers ETF	1.71%	1.74%	1.92%	1.87%	1.77%	2.30%	1.27%	2.20%	2.22%	2.33%	2.53%	0.37%
XEML Xtrackers Europe Market Leaders ETF	0.10%	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

Can I hold both XEML and EUDV in my portfolio?

XEML and EUDV have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XEML or EUDV?

On fees, XEML is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XEML or EUDV?

XEML is cheaper with a 0.35% expense ratio, compared with 0.55% for EUDV.

Which ETF pays a higher dividend yield, XEML or EUDV?

EUDV has the higher dividend yield at 1.71%, compared with 0.10% for XEML.

What is the main difference between XEML and EUDV?

XEML tracks STOXX Europe Total Market Leaders Index, while EUDV tracks MSCI Europe Dividend Masters Index. They also come from different issuers: Xtrackers and ProShares. Their fees differ too: 0.35% for XEML and 0.55% for EUDV.