XESC.L vs. XMLD.DE
XESC.L (Xtrackers EURO STOXX 50 UCITS ETF 1C) and XMLD.DE (L&G Artificial Intelligence UCITS ETF) are both exchange-traded funds - XESC.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while XMLD.DE is a Technology Equities fund tracking the ROBO Global Artificial Intelligence. Both are passively managed. Over the past 5 years, XESC.L returned 11.67%/yr vs 19.19%/yr for XMLD.DE. A 0.51 correlation means they provide meaningful diversification when combined. XESC.L charges 0.09%/yr vs 0.49%/yr for XMLD.DE.
Performance
XESC.L vs. XMLD.DE - Performance Comparison
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Different Trading Currencies
XESC.L is traded in GBp, while XMLD.DE is traded in EUR. To make them comparable, the XMLD.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XESC.L achieves a 6.52% return, which is significantly lower than XMLD.DE's 41.06% return.
XESC.L
- 1D
- 0.98%
- 1M
- 4.88%
- YTD
- 6.52%
- 6M
- 7.72%
- 1Y
- 19.01%
- 3Y*
- 15.74%
- 5Y*
- 11.67%
- 10Y*
- 11.56%
XMLD.DE
- 1D
- -0.66%
- 1M
- 20.93%
- YTD
- 41.06%
- 6M
- 38.38%
- 1Y
- 78.05%
- 3Y*
- 34.19%
- 5Y*
- 19.19%
- 10Y*
- —
XESC.L vs. XMLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XESC.L Xtrackers EURO STOXX 50 UCITS ETF 1C | 6.52% | 28.16% | 6.11% | 20.06% | -3.40% | 15.50% | 3.15% | -0.46% |
XMLD.DE L&G Artificial Intelligence UCITS ETF | 41.06% | 23.08% | 19.71% | 51.20% | -32.97% | 10.69% | 60.17% | 0.00% |
Correlation
The correlation between XESC.L and XMLD.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2019 | 0.51 |
The correlation between XESC.L and XMLD.DE has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.
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Return for Risk
XESC.L vs. XMLD.DE — Risk / Return Rank
XESC.L
XMLD.DE
XESC.L vs. XMLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.L) and L&G Artificial Intelligence UCITS ETF (XMLD.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.L | XMLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.47 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 4.67 | -3.03 |
| Martin ratioReturn relative to average drawdown | 5.52 | 12.42 | -6.91 |
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.L | XMLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 3.01 | -1.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.71 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.85 | -0.38 |
Drawdowns
XESC.L vs. XMLD.DE - Drawdown Comparison
The maximum XESC.L drawdown since its inception was -34.48%, smaller than the maximum XMLD.DE drawdown of -41.68%. Use the drawdown chart below to compare losses from any high point for XESC.L and XMLD.DE.
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Drawdown Indicators
| XESC.L | XMLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.48% | -41.68% | +7.20% |
Max Drawdown (1Y)Largest decline over 1 year | -11.53% | -16.63% | +5.10% |
Max Drawdown (3Y)Largest decline over 3 years | -14.23% | -31.88% | +17.65% |
Max Drawdown (5Y)Largest decline over 5 years | -21.64% | -41.68% | +20.04% |
Max Drawdown (10Y)Largest decline over 10 years | -31.64% | — | — |
Current DrawdownCurrent decline from peak | -0.44% | -2.10% | +1.66% |
Average DrawdownAverage peak-to-trough decline | -7.08% | -12.90% | +5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 6.26% | -2.82% |
Volatility
XESC.L vs. XMLD.DE - Volatility Comparison
The current volatility for Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.L) is 4.85%, while L&G Artificial Intelligence UCITS ETF (XMLD.DE) has a volatility of 10.22%. This indicates that XESC.L experiences smaller price fluctuations and is considered to be less risky than XMLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XESC.L | XMLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 10.22% | -5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 19.49% | -7.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.18% | 25.82% | -10.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.22% | 26.75% | -9.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.81% | 27.80% | -9.99% |
XESC.L vs. XMLD.DE - Expense Ratio Comparison
XESC.L has a 0.09% expense ratio, which is lower than XMLD.DE's 0.49% expense ratio.
Dividends
XESC.L vs. XMLD.DE - Dividend Comparison
Neither XESC.L nor XMLD.DE has paid dividends to shareholders.
Frequently Asked Questions
XESC.L and XMLD.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XESC.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XESC.L is cheaper with a 0.09% expense ratio, compared with 0.49% for XMLD.DE.
XESC.L is categorized as Europe Equities, while XMLD.DE is Technology Equities. XESC.L tracks MSCI EMU NR EUR, while XMLD.DE tracks ROBO Global Artificial Intelligence. They also come from different issuers: Xtrackers and Legal & General. Their fees differ too: 0.09% for XESC.L and 0.49% for XMLD.DE.
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