XESD.DE vs. DBXI.DE
XESD.DE (Xtrackers Spanish Equity UCITS ETF) and DBXI.DE (Xtrackers FTSE MIB UCITS ETF) are both Europe Equities funds from Xtrackers - XESD.DE tracks the Solactive Spain 40 while DBXI.DE tracks the FTSE MIB. Both are passively managed. Over the past 5 years, XESD.DE returned 18.89%/yr vs 19.73%/yr for DBXI.DE. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
XESD.DE vs. DBXI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XESD.DE achieves a 7.26% return, which is significantly lower than DBXI.DE's 14.49% return.
XESD.DE
- 1D
- 0.58%
- 1M
- 3.65%
- YTD
- 7.26%
- 6M
- 11.32%
- 1Y
- 35.71%
- 3Y*
- 29.40%
- 5Y*
- 18.89%
- 10Y*
- —
DBXI.DE
- 1D
- 0.21%
- 1M
- 4.80%
- YTD
- 14.49%
- 6M
- 18.18%
- 1Y
- 30.62%
- 3Y*
- 28.95%
- 5Y*
- 19.73%
- 10Y*
- 14.91%
XESD.DE vs. DBXI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XESD.DE Xtrackers Spanish Equity UCITS ETF | 7.26% | 58.73% | 14.57% | 26.73% | -1.59% | 10.90% | -10.12% | 15.71% | -12.40% | -1.58% |
DBXI.DE Xtrackers FTSE MIB UCITS ETF | 14.49% | 37.50% | 18.27% | 33.40% | -9.08% | 26.51% | -4.28% | 33.02% | -14.48% | 4.85% |
Correlation
The correlation between XESD.DE and DBXI.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2017 | 0.78 |
The correlation between XESD.DE and DBXI.DE has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
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Return for Risk
XESD.DE vs. DBXI.DE — Risk / Return Rank
XESD.DE
DBXI.DE
XESD.DE vs. DBXI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Spanish Equity UCITS ETF (XESD.DE) and Xtrackers FTSE MIB UCITS ETF (DBXI.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.
| XESD.DE | DBXI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.34 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 3.17 | +0.29 |
| Martin ratioReturn relative to average drawdown | 12.05 | 11.42 | +0.63 |
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
| XESD.DE | DBXI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 1.94 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 1.09 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.19 | +0.36 |
Drawdowns
XESD.DE vs. DBXI.DE - Drawdown Comparison
The maximum XESD.DE drawdown since its inception was -38.77%, smaller than the maximum DBXI.DE drawdown of -69.49%. Use the drawdown chart below to compare losses from any high point for XESD.DE and DBXI.DE.
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Drawdown Indicators
| XESD.DE | DBXI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.77% | -69.49% | +30.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.27% | -9.62% | -0.65% |
Max Drawdown (3Y)Largest decline over 3 years | -12.49% | -17.56% | +5.07% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -25.10% | +6.51% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.46% | — |
Current DrawdownCurrent decline from peak | -0.56% | -0.77% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -7.38% | -29.56% | +22.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.67% | +0.29% |
Volatility
XESD.DE vs. DBXI.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESD.DE) and Xtrackers FTSE MIB UCITS ETF (DBXI.DE) have volatilities of 4.46% and 4.63%, 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
| XESD.DE | DBXI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 4.63% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 14.06% | 12.34% | +1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.93% | 15.69% | +1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.73% | 18.31% | -1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 20.37% | -1.56% |
XESD.DE vs. DBXI.DE - Expense Ratio Comparison
Both XESD.DE and DBXI.DE have an expense ratio of 0.30%.
Dividends
XESD.DE vs. DBXI.DE - Dividend Comparison
XESD.DE's dividend yield for the trailing twelve months is around 2.50%, less than DBXI.DE's 3.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBXI.DE Xtrackers FTSE MIB UCITS ETF | 3.63% | 3.93% | 4.53% | 3.78% | 7.45% | 0.94% | 4.23% | 3.33% | 2.66% | 1.94% | 2.51% | 0.15% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 2.50% | 2.43% | 3.14% | 2.57% | 3.98% | 1.51% | 4.30% | 3.35% | 4.48% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XESD.DE and DBXI.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XESD.DE and DBXI.DE have the same expense ratio: 0.30% per year.
XESD.DE tracks Solactive Spain 40, while DBXI.DE tracks FTSE MIB.
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