XESP.DE vs. DBXI.DE
XESP.DE (Xtrackers Spanish Equity UCITS ETF) and DBXI.DE (Xtrackers FTSE MIB UCITS ETF) are both Europe Equities funds from Xtrackers - XESP.DE tracks the Solactive Spain 40 while DBXI.DE tracks the FTSE MIB. Both are passively managed. Over the past 5 years, XESP.DE returned 18.91%/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
XESP.DE vs. DBXI.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XESP.DE achieves a 7.33% return, which is significantly lower than DBXI.DE's 14.49% return.
XESP.DE
- 1D
- 0.58%
- 1M
- 3.73%
- YTD
- 7.33%
- 6M
- 11.53%
- 1Y
- 35.86%
- 3Y*
- 29.44%
- 5Y*
- 18.91%
- 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%
XESP.DE vs. DBXI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XESP.DE Xtrackers Spanish Equity UCITS ETF | 7.33% | 58.64% | 14.65% | 26.79% | -1.62% | 10.88% | -10.20% | 15.86% | -12.41% | -1.69% |
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 XESP.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 | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2017 | 0.78 |
The correlation between XESP.DE and DBXI.DE has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XESP.DE vs. DBXI.DE — Risk / Return Rank
XESP.DE
DBXI.DE
XESP.DE vs. DBXI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Spanish Equity UCITS ETF (XESP.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.
| XESP.DE | DBXI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 3.17 | +0.34 |
| Martin ratioReturn relative to average drawdown | 12.31 | 11.42 | +0.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XESP.DE | DBXI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.94 | +0.17 |
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
XESP.DE vs. DBXI.DE - Drawdown Comparison
The maximum XESP.DE drawdown since its inception was -39.02%, smaller than the maximum DBXI.DE drawdown of -69.49%. Use the drawdown chart below to compare losses from any high point for XESP.DE and DBXI.DE.
Loading charts...
Drawdown Indicators
| XESP.DE | DBXI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.02% | -69.49% | +30.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -9.62% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -12.93% | -17.56% | +4.63% |
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 | -0.54% | -0.77% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -29.56% | +22.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.67% | +0.24% |
Volatility
XESP.DE vs. DBXI.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESP.DE) and Xtrackers FTSE MIB UCITS ETF (DBXI.DE) have volatilities of 4.48% 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.
Loading charts...
Volatility by Period
| XESP.DE | DBXI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 4.63% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 14.04% | 12.34% | +1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.86% | 15.69% | +1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.68% | 18.31% | -1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 20.37% | -1.59% |
XESP.DE vs. DBXI.DE - Expense Ratio Comparison
Both XESP.DE and DBXI.DE have an expense ratio of 0.30%.
Dividends
XESP.DE vs. DBXI.DE - Dividend Comparison
XESP.DE has not paid dividends to shareholders, while DBXI.DE's dividend yield for the trailing twelve months is around 3.63%.
| 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% |
XESP.DE Xtrackers Spanish Equity 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% |
Frequently Asked Questions
XESP.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.
XESP.DE and DBXI.DE have the same expense ratio: 0.30% per year.
XESP.DE tracks Solactive Spain 40, while DBXI.DE tracks FTSE MIB.
Find the right allocation for XESP.DE and DBXI.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer