XESD.DE vs. EXIE.DE
XESD.DE (Xtrackers Spanish Equity UCITS ETF) and EXIE.DE (iShares STOXX Europe 600 UCITS ETF (DE) EUR Acc) are both Europe Equities funds - XESD.DE tracks the Solactive Spain 40 while EXIE.DE tracks the STOXX® Europe 600. Both are passively managed. Over the past 3 years, XESD.DE returned 29.40%/yr vs 13.87%/yr for EXIE.DE. A 0.77 correlation means they provide meaningful diversification when combined. XESD.DE charges 0.30%/yr vs 0.20%/yr for EXIE.DE.
Performance
XESD.DE vs. EXIE.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XESD.DE having a 7.26% return and EXIE.DE slightly higher at 7.44%.
XESD.DE
- 1D
- 0.58%
- 1M
- 3.65%
- YTD
- 7.26%
- 6M
- 11.32%
- 1Y
- 35.71%
- 3Y*
- 29.40%
- 5Y*
- 18.89%
- 10Y*
- —
EXIE.DE
- 1D
- 0.59%
- 1M
- 0.81%
- YTD
- 7.44%
- 6M
- 9.96%
- 1Y
- 16.03%
- 3Y*
- 13.87%
- 5Y*
- —
- 10Y*
- —
XESD.DE vs. EXIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XESD.DE Xtrackers Spanish Equity UCITS ETF | 7.26% | 58.73% | 14.57% | 12.10% |
EXIE.DE iShares STOXX Europe 600 UCITS ETF (DE) EUR Acc | 7.44% | 20.59% | 8.32% | 6.62% |
Correlation
The correlation between XESD.DE and EXIE.DE is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2023 | 0.77 |
The correlation between XESD.DE and EXIE.DE has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
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Return for Risk
XESD.DE vs. EXIE.DE — Risk / Return Rank
XESD.DE
EXIE.DE
XESD.DE vs. EXIE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Spanish Equity UCITS ETF (XESD.DE) and iShares STOXX Europe 600 UCITS ETF (DE) EUR Acc (EXIE.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 | EXIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.23 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 1.70 | +1.77 |
| Martin ratioReturn relative to average drawdown | 12.05 | 6.42 | +5.63 |
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 | EXIE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 1.25 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 1.01 | -0.45 |
Drawdowns
XESD.DE vs. EXIE.DE - Drawdown Comparison
The maximum XESD.DE drawdown since its inception was -38.77%, which is greater than EXIE.DE's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for XESD.DE and EXIE.DE.
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Drawdown Indicators
| XESD.DE | EXIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.77% | -16.04% | -22.73% |
Max Drawdown (1Y)Largest decline over 1 year | -10.27% | -9.58% | -0.69% |
Max Drawdown (3Y)Largest decline over 3 years | -12.49% | -16.04% | +3.55% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | — | — |
Current DrawdownCurrent decline from peak | -0.56% | -1.65% | +1.09% |
Average DrawdownAverage peak-to-trough decline | -7.38% | -2.03% | -5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.54% | +0.42% |
Volatility
XESD.DE vs. EXIE.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESD.DE) and iShares STOXX Europe 600 UCITS ETF (DE) EUR Acc (EXIE.DE) have volatilities of 4.46% and 4.35%, 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 | EXIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 4.35% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 14.06% | 10.75% | +3.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.93% | 13.00% | +3.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.73% | 12.99% | +3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 12.99% | +5.82% |
XESD.DE vs. EXIE.DE - Expense Ratio Comparison
XESD.DE has a 0.30% expense ratio, which is higher than EXIE.DE's 0.20% expense ratio.
Dividends
XESD.DE vs. EXIE.DE - Dividend Comparison
XESD.DE's dividend yield for the trailing twelve months is around 2.50%, while EXIE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EXIE.DE iShares STOXX Europe 600 UCITS ETF (DE) EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Frequently Asked Questions
XESD.DE and EXIE.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXIE.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXIE.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for XESD.DE.
XESD.DE tracks Solactive Spain 40, while EXIE.DE tracks STOXX® Europe 600. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.30% for XESD.DE and 0.20% for EXIE.DE.
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