XESC.DE vs. H4ZA.DE
XESC.DE (Xtrackers EURO STOXX 50 UCITS ETF 1C) and H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) are both Europe Equities funds - XESC.DE tracks the MSCI EMU NR EUR while H4ZA.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, XESC.DE returned 10.49%/yr vs 10.80%/yr for H4ZA.DE. With a 0.97 correlation, they move nearly in lockstep. XESC.DE charges 0.09%/yr vs 0.05%/yr for H4ZA.DE.
Performance
XESC.DE vs. H4ZA.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XESC.DE having a 7.20% return and H4ZA.DE slightly higher at 7.24%. Both investments have delivered pretty close results over the past 10 years, with XESC.DE having a 10.49% annualized return and H4ZA.DE not far ahead at 10.80%.
XESC.DE
- 1D
- 0.76%
- 1M
- 4.61%
- YTD
- 7.20%
- 6M
- 8.63%
- 1Y
- 15.79%
- 3Y*
- 15.59%
- 5Y*
- 11.50%
- 10Y*
- 10.49%
H4ZA.DE
- 1D
- 0.77%
- 1M
- 4.72%
- YTD
- 7.24%
- 6M
- 8.63%
- 1Y
- 15.73%
- 3Y*
- 16.60%
- 5Y*
- 12.12%
- 10Y*
- 10.80%
XESC.DE vs. H4ZA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C | 7.20% | 22.24% | 11.06% | 22.50% | -8.87% | 23.54% | -2.88% | 30.09% | -12.09% | 10.25% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 7.24% | 22.26% | 13.81% | 22.59% | -8.87% | 23.72% | -2.73% | 30.07% | -11.96% | 10.07% |
Correlation
The correlation between XESC.DE and H4ZA.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2010 | 0.97 |
The correlation between XESC.DE and H4ZA.DE has been stable across timeframes, ranging from 0.97 to 1.00 - a consistent structural relationship.
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Return for Risk
XESC.DE vs. H4ZA.DE — Risk / Return Rank
XESC.DE
H4ZA.DE
XESC.DE vs. H4ZA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) and HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.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.
| XESC.DE | H4ZA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.18 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.43 | +0.02 |
| Martin ratioReturn relative to average drawdown | 4.94 | 4.85 | +0.09 |
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
| XESC.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.98 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.69 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.59 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.41 | -0.09 |
Drawdowns
XESC.DE vs. H4ZA.DE - Drawdown Comparison
The maximum XESC.DE drawdown since its inception was -45.38%, which is greater than H4ZA.DE's maximum drawdown of -38.41%. Use the drawdown chart below to compare losses from any high point for XESC.DE and H4ZA.DE.
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Drawdown Indicators
| XESC.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.38% | -38.41% | -6.97% |
Max Drawdown (1Y)Largest decline over 1 year | -10.88% | -10.97% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -16.53% | -16.40% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -23.33% | -23.26% | -0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -38.51% | -38.41% | -0.10% |
Current DrawdownCurrent decline from peak | -0.53% | -0.50% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -8.39% | -7.84% | -0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 3.24% | -0.05% |
Volatility
XESC.DE vs. H4ZA.DE - Volatility Comparison
Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) and HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) have volatilities of 4.90% and 4.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XESC.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 4.95% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 12.99% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.01% | 15.99% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 17.50% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 18.17% | +0.10% |
XESC.DE vs. H4ZA.DE - Expense Ratio Comparison
XESC.DE has a 0.09% expense ratio, which is higher than H4ZA.DE's 0.05% 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
XESC.DE vs. H4ZA.DE - Dividend Comparison
XESC.DE has not paid dividends to shareholders, while H4ZA.DE's dividend yield for the trailing twelve months is around 2.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 2.44% | 2.49% | 5.35% | 2.93% | 2.94% | 1.94% | 2.06% | 2.84% | 3.55% | 2.73% | 2.85% | 2.70% |
XESC.DE Xtrackers EURO STOXX 50 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% | 3.19% |
Frequently Asked Questions
With a correlation of 1.00, XESC.DE and H4ZA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, H4ZA.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZA.DE is cheaper with a 0.05% expense ratio, compared with 0.09% for XESC.DE.
XESC.DE tracks MSCI EMU NR EUR, while H4ZA.DE tracks EURO STOXX® 50. They also come from different issuers: Xtrackers and HSBC. Their fees differ too: 0.09% for XESC.DE and 0.05% for H4ZA.DE.
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