XESD.DE vs. XDEW.DE
XESD.DE (Xtrackers Spanish Equity UCITS ETF) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XESD.DE is a Europe Equities fund tracking the Solactive Spain 40, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, XESD.DE returned 12.68%/yr vs 11.05%/yr for XDEW.DE. A 0.57 correlation means they provide meaningful diversification when combined. XESD.DE charges 0.30%/yr vs 0.20%/yr for XDEW.DE.
Performance
XESD.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with XESD.DE having a 14.62% return and XDEW.DE slightly lower at 14.15%. Over the past 10 years, XESD.DE has outperformed XDEW.DE with an annualized return of 12.68%, while XDEW.DE has yielded a comparatively lower 11.05% 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%
XDEW.DE
- 1D
- -0.02%
- 1M
- 1.80%
- 6M
- 10.18%
- YTD
- 14.15%
- 1Y
- 19.97%
- 3Y*
- 12.88%
- 5Y*
- 9.45%
- 10Y*
- 11.05%
XESD.DE vs. XDEW.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% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.15% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between XESD.DE and XDEW.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.57 |
The correlation between XESD.DE and XDEW.DE shifts across timeframes, from 0.37 (3 years) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XESD.DE vs. XDEW.DE — Risk / Return Rank
XESD.DE
XDEW.DE
XESD.DE vs. XDEW.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 S&P 500 Equal Weight UCITS ETF 1C (XDEW.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 | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.34 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.43 | 3.93 | +0.50 |
| Martin ratioReturn relative to average drawdown | 15.65 | 12.11 | +3.54 |
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Drawdowns
XESD.DE vs. XDEW.DE - Drawdown Comparison
The maximum XESD.DE drawdown since its inception was -38.76%, roughly equal to the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XESD.DE and XDEW.DE.
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Drawdown Indicators
| XESD.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.76% | -38.79% | +0.03% |
Max Drawdown (1Y)Largest decline over 1 year | -10.28% | -5.06% | -5.22% |
Max Drawdown (3Y)Largest decline over 3 years | -12.49% | -22.70% | +10.21% |
Max Drawdown (5Y)Largest decline over 5 years | -18.55% | -22.70% | +4.15% |
Max Drawdown (10Y)Largest decline over 10 years | -38.76% | -38.79% | +0.03% |
Current DrawdownCurrent decline from peak | -2.33% | -0.92% | -1.41% |
Average DrawdownAverage peak-to-trough decline | -8.43% | -5.33% | -3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 1.65% | +1.27% |
Volatility
XESD.DE vs. XDEW.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESD.DE) has a higher volatility of 4.28% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.73%. This indicates that XESD.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.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 | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.28% | 2.73% | +1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 14.77% | 6.91% | +7.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.15% | 10.64% | +6.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.74% | 14.91% | +1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.42% | 16.80% | +1.62% |
XESD.DE vs. XDEW.DE - Expense Ratio Comparison
XESD.DE has a 0.30% expense ratio, which is higher than XDEW.DE's 0.20% expense ratio.
Dividends
XESD.DE vs. XDEW.DE - Dividend Comparison
XESD.DE's dividend yield for the trailing twelve months is around 2.34%, while XDEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 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 XDEW.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEW.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for XESD.DE.
XESD.DE is categorized as Europe Equities, while XDEW.DE is S&P 500. XESD.DE tracks Solactive Spain 40, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.30% for XESD.DE and 0.20% for XDEW.DE.
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