XESP.DE vs. XESC.DE
XESP.DE (Xtrackers Spanish Equity UCITS ETF) and XESC.DE (Xtrackers EURO STOXX 50 UCITS ETF 1C) are both Europe Equities funds from Xtrackers - XESP.DE tracks the Solactive Spain 40 while XESC.DE tracks the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, XESP.DE returned 14.03%/yr vs 11.87%/yr for XESC.DE. Their correlation of 0.85 suggests significant overlap in exposure. XESP.DE charges 0.30%/yr vs 0.09%/yr for XESC.DE.
Performance
XESP.DE vs. XESC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XESP.DE achieves a 14.86% return, which is significantly higher than XESC.DE's 9.31% return. Over the past 10 years, XESP.DE has outperformed XESC.DE with an annualized return of 14.03%, while XESC.DE has yielded a comparatively lower 11.87% annualized return.
XESP.DE
- 1D
- 0.87%
- 1M
- 6.89%
- YTD
- 14.86%
- 6M
- 15.90%
- 1Y
- 48.43%
- 3Y*
- 32.37%
- 5Y*
- 20.37%
- 10Y*
- 14.03%
XESC.DE
- 1D
- 0.00%
- 1M
- 2.56%
- YTD
- 9.31%
- 6M
- 10.20%
- 1Y
- 21.31%
- 3Y*
- 16.40%
- 5Y*
- 11.78%
- 10Y*
- 11.87%
XESP.DE vs. XESC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XESP.DE Xtrackers Spanish Equity UCITS ETF | 14.86% | 58.64% | 14.63% | 26.81% | -1.62% | 10.85% | -10.20% | 15.89% | -12.41% | 12.92% |
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C | 9.31% | 22.24% | 11.06% | 22.50% | -8.87% | 23.54% | -2.88% | 30.09% | -12.09% | 10.25% |
Correlation
The correlation between XESP.DE and XESC.DE is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
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 Apr 27, 2011 | 0.85 |
The correlation between XESP.DE and XESC.DE has been stable across timeframes, ranging from 0.78 to 0.85 - a consistent structural relationship.
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Return for Risk
XESP.DE vs. XESC.DE — Risk / Return Rank
XESP.DE
XESC.DE
XESP.DE vs. XESC.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 EURO STOXX 50 UCITS ETF 1C (XESC.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.
| XESP.DE | XESC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.25 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.74 | 1.96 | +2.78 |
| Martin ratioReturn relative to average drawdown | 16.84 | 6.81 | +10.03 |
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Drawdowns
XESP.DE vs. XESC.DE - Drawdown Comparison
The maximum XESP.DE drawdown since its inception was -40.70%, smaller than the maximum XESC.DE drawdown of -46.74%. Use the drawdown chart below to compare losses from any high point for XESP.DE and XESC.DE.
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Drawdown Indicators
| XESP.DE | XESC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.70% | -46.74% | +6.04% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -10.88% | +0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -12.92% | -16.53% | +3.61% |
Max Drawdown (5Y)Largest decline over 5 years | -18.56% | -23.33% | +4.77% |
Max Drawdown (10Y)Largest decline over 10 years | -39.03% | -38.51% | -0.52% |
Current DrawdownCurrent decline from peak | -0.10% | -1.71% | +1.61% |
Average DrawdownAverage peak-to-trough decline | -10.06% | -9.06% | -1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 3.13% | -0.26% |
Volatility
XESP.DE vs. XESC.DE - Volatility Comparison
Xtrackers Spanish Equity UCITS ETF (XESP.DE) has a higher volatility of 4.20% compared to Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) at 3.52%. This indicates that XESP.DE's price experiences larger fluctuations and is considered to be riskier than XESC.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 | XESC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 3.52% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 14.44% | 13.23% | +1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.00% | 16.03% | +0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.73% | 17.56% | -0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.44% | 17.98% | +0.46% |
XESP.DE vs. XESC.DE - Expense Ratio Comparison
XESP.DE has a 0.30% expense ratio, which is higher than XESC.DE's 0.09% expense ratio.
Dividends
XESP.DE vs. XESC.DE - Dividend Comparison
Neither XESP.DE nor XESC.DE has paid dividends to shareholders.
Frequently Asked Questions
XESP.DE and XESC.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XESC.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XESC.DE is cheaper with a 0.09% expense ratio, compared with 0.30% for XESP.DE.
XESP.DE tracks Solactive Spain 40, while XESC.DE tracks MSCI EMU NR EUR. Their fees differ too: 0.30% for XESP.DE and 0.09% for XESC.DE.
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