XESP.DE vs. XAIX.DE
XESP.DE (Xtrackers Spanish Equity UCITS ETF) and XAIX.DE (Xtrackers Artificial Intelligence & Big Data UCITS ETF) are both exchange-traded funds - XESP.DE is a Europe Equities fund tracking the Solactive Spain 40, while XAIX.DE is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data. Both are passively managed. Over the past 5 years, XESP.DE returned 18.91%/yr vs 22.22%/yr for XAIX.DE. At a 0.47 correlation, their price movements are largely independent. XESP.DE charges 0.30%/yr vs 0.35%/yr for XAIX.DE.
Performance
XESP.DE vs. XAIX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XESP.DE achieves a 7.33% return, which is significantly lower than XAIX.DE's 37.21% 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*
- —
XAIX.DE
- 1D
- -2.02%
- 1M
- 18.07%
- YTD
- 37.21%
- 6M
- 38.87%
- 1Y
- 62.15%
- 3Y*
- 36.02%
- 5Y*
- 22.22%
- 10Y*
- —
XESP.DE vs. XAIX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XESP.DE Xtrackers Spanish Equity UCITS ETF | 7.33% | 58.64% | 14.65% | 26.79% | -1.62% | 10.88% | -10.20% | 7.69% |
XAIX.DE Xtrackers Artificial Intelligence & Big Data UCITS ETF | 37.21% | 15.25% | 34.63% | 63.77% | -31.80% | 35.85% | 24.44% | 15.10% |
Correlation
The correlation between XESP.DE and XAIX.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2019 | 0.47 |
The correlation between XESP.DE and XAIX.DE shifts across timeframes, from 0.32 (3 years) to 0.47 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XESP.DE vs. XAIX.DE — Risk / Return Rank
XESP.DE
XAIX.DE
XESP.DE vs. XAIX.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 Artificial Intelligence & Big Data UCITS ETF (XAIX.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 | XAIX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.51 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 5.11 | -1.60 |
| Martin ratioReturn relative to average drawdown | 12.31 | 14.72 | -2.42 |
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
| XESP.DE | XAIX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 3.03 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 1.06 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 1.08 | -0.53 |
Drawdowns
XESP.DE vs. XAIX.DE - Drawdown Comparison
The maximum XESP.DE drawdown since its inception was -39.02%, which is greater than XAIX.DE's maximum drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for XESP.DE and XAIX.DE.
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Drawdown Indicators
| XESP.DE | XAIX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.02% | -33.08% | -5.94% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -12.10% | +1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -12.93% | -27.61% | +14.68% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -33.08% | +14.49% |
Current DrawdownCurrent decline from peak | -0.54% | -3.11% | +2.57% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -7.39% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 4.21% | -1.30% |
Volatility
XESP.DE vs. XAIX.DE - Volatility Comparison
The current volatility for Xtrackers Spanish Equity UCITS ETF (XESP.DE) is 4.48%, while Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) has a volatility of 8.63%. This indicates that XESP.DE experiences smaller price fluctuations and is considered to be less risky than XAIX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XESP.DE | XAIX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 8.63% | -4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 14.04% | 16.15% | -2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.86% | 20.43% | -3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.68% | 20.73% | -4.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 21.30% | -2.52% |
XESP.DE vs. XAIX.DE - Expense Ratio Comparison
XESP.DE has a 0.30% expense ratio, which is lower than XAIX.DE's 0.35% expense ratio.
Dividends
XESP.DE vs. XAIX.DE - Dividend Comparison
Neither XESP.DE nor XAIX.DE has paid dividends to shareholders.
Frequently Asked Questions
XESP.DE and XAIX.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XESP.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XESP.DE is cheaper with a 0.30% expense ratio, compared with 0.35% for XAIX.DE.
XESP.DE is categorized as Europe Equities, while XAIX.DE is Technology Equities. XESP.DE tracks Solactive Spain 40, while XAIX.DE tracks Nasdaq Global Artificial Intelligence and Big Data. Their fees differ too: 0.30% for XESP.DE and 0.35% for XAIX.DE.
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