XESD.DE vs. SC0D.DE
XESD.DE (Xtrackers Spanish Equity UCITS ETF) and SC0D.DE (Invesco EURO STOXX 50 UCITS ETF) are both Europe Equities funds - XESD.DE tracks the Solactive Spain 40 while SC0D.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, XESD.DE returned 12.68%/yr vs 10.81%/yr for SC0D.DE. Their correlation of 0.84 suggests significant overlap in exposure. XESD.DE charges 0.30%/yr vs 0.05%/yr for SC0D.DE.
Performance
XESD.DE vs. SC0D.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XESD.DE achieves a 14.62% return, which is significantly higher than SC0D.DE's 10.33% return. Over the past 10 years, XESD.DE has outperformed SC0D.DE with an annualized return of 12.68%, while SC0D.DE has yielded a comparatively lower 10.81% annualized return.
XESD.DE
- 1D
- -0.46%
- 1M
- 2.74%
- 6M
- 11.50%
- YTD
- 14.62%
- 1Y
- 45.76%
- 3Y*
- 30.97%
- 5Y*
- 21.73%
- 10Y*
- 12.68%
SC0D.DE
- 1D
- -0.22%
- 1M
- 0.59%
- 6M
- 6.49%
- YTD
- 10.33%
- 1Y
- 19.95%
- 3Y*
- 15.53%
- 5Y*
- 12.25%
- 10Y*
- 10.81%
XESD.DE vs. SC0D.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XESD.DE Xtrackers Spanish Equity UCITS ETF | 14.62% | 58.72% | 14.57% | 26.76% | -1.63% | 10.91% | -10.10% | 15.69% | -12.39% | 12.92% |
SC0D.DE Invesco EURO STOXX 50 UCITS ETF | 10.33% | 22.01% | 10.91% | 22.46% | -9.02% | 23.19% | -3.03% | 30.01% | -12.06% | 10.07% |
Correlation
The correlation between XESD.DE and SC0D.DE is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
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 SC0D.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. SC0D.DE — Risk / Return Rank
XESD.DE
SC0D.DE
XESD.DE vs. SC0D.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 (SC0D.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 | SC0D.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.23 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.43 | 1.82 | +2.61 |
| Martin ratioReturn relative to average drawdown | 15.65 | 6.40 | +9.25 |
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Drawdowns
XESD.DE vs. SC0D.DE - Drawdown Comparison
The maximum XESD.DE drawdown since its inception was -38.76%, roughly equal to the maximum SC0D.DE drawdown of -38.50%. Use the drawdown chart below to compare losses from any high point for XESD.DE and SC0D.DE.
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Drawdown Indicators
| XESD.DE | SC0D.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.76% | -38.50% | -0.26% |
Max Drawdown (1Y)Largest decline over 1 year | -10.28% | -10.93% | +0.65% |
Max Drawdown (3Y)Largest decline over 3 years | -12.49% | -16.54% | +4.05% |
Max Drawdown (5Y)Largest decline over 5 years | -18.55% | -23.38% | +4.83% |
Max Drawdown (10Y)Largest decline over 10 years | -38.76% | -38.50% | -0.26% |
Current DrawdownCurrent decline from peak | -2.33% | -2.30% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -8.43% | -7.06% | -1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.11% | -0.19% |
Volatility
XESD.DE vs. SC0D.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESD.DE) and Invesco EURO STOXX 50 UCITS ETF (SC0D.DE) have volatilities of 4.28% and 4.14%, 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 | SC0D.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.28% | 4.14% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 14.77% | 13.44% | +1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.15% | 16.13% | +1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.74% | 17.55% | -0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.42% | 17.90% | +0.52% |
XESD.DE vs. SC0D.DE - Expense Ratio Comparison
XESD.DE has a 0.30% expense ratio, which is higher than SC0D.DE's 0.05% expense ratio.
Dividends
XESD.DE vs. SC0D.DE - Dividend Comparison
XESD.DE's dividend yield for the trailing twelve months is around 2.34%, while SC0D.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SC0D.DE Invesco EURO STOXX 50 UCITS ETF | 0.00% | 0.00% | 0.00% | 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 | 2.34% | 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 SC0D.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0D.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0D.DE is cheaper with a 0.05% expense ratio, compared with 0.30% for XESD.DE.
XESD.DE tracks Solactive Spain 40, while SC0D.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 SC0D.DE.
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