XESD.DE vs. S6X0.DE
XESD.DE (Xtrackers Spanish Equity UCITS ETF) and S6X0.DE (Invesco EURO STOXX 50 UCITS ETF Dist) are both Europe Equities funds - XESD.DE tracks the Solactive Spain 40 while S6X0.DE tracks the EURO STOXX 50. Both are passively managed. Over the past 10 years, XESD.DE returned 14.01%/yr vs 11.85%/yr for S6X0.DE. Their correlation of 0.84 suggests significant overlap in exposure. XESD.DE charges 0.30%/yr vs 0.05%/yr for S6X0.DE.
Performance
XESD.DE vs. S6X0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XESD.DE achieves a 14.69% return, which is significantly higher than S6X0.DE's 10.25% return. Over the past 10 years, XESD.DE has outperformed S6X0.DE with an annualized return of 14.01%, while S6X0.DE has yielded a comparatively lower 11.85% annualized return.
XESD.DE
- 1D
- 0.62%
- 1M
- 6.78%
- YTD
- 14.69%
- 6M
- 15.76%
- 1Y
- 47.75%
- 3Y*
- 32.29%
- 5Y*
- 20.35%
- 10Y*
- 14.01%
S6X0.DE
- 1D
- 0.78%
- 1M
- 3.40%
- YTD
- 10.25%
- 6M
- 11.18%
- 1Y
- 22.32%
- 3Y*
- 16.61%
- 5Y*
- 11.79%
- 10Y*
- 11.85%
XESD.DE vs. S6X0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XESD.DE Xtrackers Spanish Equity UCITS ETF | 14.69% | 58.72% | 14.57% | 26.76% | -1.63% | 10.91% | -10.10% | 15.69% | -12.39% | 12.92% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 10.25% | 22.02% | 10.94% | 22.43% | -9.00% | 23.10% | -2.98% | 29.97% | -12.04% | 10.08% |
Correlation
The correlation between XESD.DE and S6X0.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 | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2013 | 0.84 |
The correlation between XESD.DE and S6X0.DE has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.
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Return for Risk
XESD.DE vs. S6X0.DE — Risk / Return Rank
XESD.DE
S6X0.DE
XESD.DE vs. S6X0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Spanish Equity UCITS ETF (XESD.DE) and Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XESD.DE | S6X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.26 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 2.04 | +2.58 |
| Martin ratioReturn relative to average drawdown | 16.31 | 7.10 | +9.21 |
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Drawdowns
XESD.DE vs. S6X0.DE - Drawdown Comparison
The maximum XESD.DE drawdown since its inception was -38.76%, roughly equal to the maximum S6X0.DE drawdown of -38.54%. Use the drawdown chart below to compare losses from any high point for XESD.DE and S6X0.DE.
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Drawdown Indicators
| XESD.DE | S6X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.76% | -38.54% | -0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.28% | -10.88% | +0.60% |
Max Drawdown (3Y)Largest decline over 3 years | -12.49% | -16.56% | +4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -18.55% | -23.41% | +4.86% |
Max Drawdown (10Y)Largest decline over 10 years | -38.76% | -38.54% | -0.22% |
Current DrawdownCurrent decline from peak | -0.18% | -0.84% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -8.46% | -7.69% | -0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.14% | -0.22% |
Volatility
XESD.DE vs. S6X0.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESD.DE) has a higher volatility of 4.05% compared to Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.DE) at 3.56%. This indicates that XESD.DE's price experiences larger fluctuations and is considered to be riskier than S6X0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XESD.DE | S6X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.05% | 3.56% | +0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.41% | 13.14% | +1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.06% | 15.94% | +1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.77% | 17.53% | -0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.49% | 18.00% | +0.49% |
XESD.DE vs. S6X0.DE - Expense Ratio Comparison
XESD.DE has a 0.30% expense ratio, which is higher than S6X0.DE's 0.05% expense ratio.
Dividends
XESD.DE vs. S6X0.DE - Dividend Comparison
XESD.DE's dividend yield for the trailing twelve months is around 2.34%, less than S6X0.DE's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 2.76% | 2.99% | 3.38% | 3.17% | 3.10% | 2.47% | 2.53% | 3.49% | 3.69% | 2.99% | 3.17% | 3.05% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 2.34% | 2.43% | 3.14% | 2.56% | 3.98% | 1.51% | 4.30% | 3.35% | 4.48% | 2.51% | 1.14% | 0.42% |
Frequently Asked Questions
XESD.DE and S6X0.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, S6X0.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
S6X0.DE is cheaper with a 0.05% expense ratio, compared with 0.30% for XESD.DE.
XESD.DE tracks Solactive Spain 40, while S6X0.DE tracks EURO STOXX 50. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.30% for XESD.DE and 0.05% for S6X0.DE.
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