XESX.L vs. AE50.DE
XESX.L (Xtrackers EURO STOXX 50 UCITS ETF 1D) and AE50.DE (Amundi ETF STOXX Europe 50 UCITS ETF EUR) are both Europe Equities funds - XESX.L tracks the MSCI EMU NR EUR while AE50.DE tracks the STOXX® Europe 50. Both are passively managed. Over the past 10 years, XESX.L returned 8.41%/yr vs 10.38%/yr for AE50.DE. Their correlation of 0.83 suggests significant overlap in exposure. XESX.L charges 0.09%/yr vs 0.15%/yr for AE50.DE.
Performance
XESX.L vs. AE50.DE - Performance Comparison
Loading charts...
Different Trading Currencies
XESX.L is traded in GBp, while AE50.DE is traded in EUR. To make them comparable, the AE50.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XESX.L achieves a 5.63% return, which is significantly lower than AE50.DE's 6.62% return. Over the past 10 years, XESX.L has underperformed AE50.DE with an annualized return of 8.41%, while AE50.DE has yielded a comparatively higher 10.38% annualized return.
XESX.L
- 1D
- 0.61%
- 1M
- 4.49%
- YTD
- 5.63%
- 6M
- 6.79%
- 1Y
- 15.71%
- 3Y*
- 12.30%
- 5Y*
- 8.43%
- 10Y*
- 8.41%
AE50.DE
- 1D
- 0.94%
- 1M
- 3.60%
- YTD
- 6.62%
- 6M
- 8.64%
- 1Y
- 19.87%
- 3Y*
- 12.44%
- 5Y*
- 11.49%
- 10Y*
- 10.38%
XESX.L vs. AE50.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XESX.L Xtrackers EURO STOXX 50 UCITS ETF 1D | 5.63% | 24.66% | 2.94% | 16.40% | -8.32% | 12.93% | 0.07% | 18.58% | -12.98% | 10.98% |
AE50.DE Amundi ETF STOXX Europe 50 UCITS ETF EUR | 6.62% | 24.23% | 2.94% | 12.60% | 3.77% | 17.14% | -1.09% | 21.92% | -9.19% | 14.01% |
Correlation
The correlation between XESX.L and AE50.DE is 0.85, 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 | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2014 | 0.83 |
The correlation between XESX.L and AE50.DE has been stable across timeframes, ranging from 0.83 to 0.85 - 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
XESX.L vs. AE50.DE — Risk / Return Rank
XESX.L
AE50.DE
XESX.L vs. AE50.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers EURO STOXX 50 UCITS ETF 1D (XESX.L) and Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.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.
| XESX.L | AE50.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.91 | -0.55 |
| Martin ratioReturn relative to average drawdown | 4.41 | 6.72 | -2.31 |
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
| XESX.L | AE50.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 1.54 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.82 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.70 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.55 | -0.39 |
Drawdowns
XESX.L vs. AE50.DE - Drawdown Comparison
The maximum XESX.L drawdown since its inception was -47.16%, which is greater than AE50.DE's maximum drawdown of -25.73%. Use the drawdown chart below to compare losses from any high point for XESX.L and AE50.DE.
Loading charts...
Drawdown Indicators
| XESX.L | AE50.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.16% | -25.73% | -21.43% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -10.34% | -1.14% |
Max Drawdown (3Y)Largest decline over 3 years | -14.20% | -14.49% | +0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -23.79% | -14.49% | -9.30% |
Max Drawdown (10Y)Largest decline over 10 years | -31.68% | -25.73% | -5.95% |
Current DrawdownCurrent decline from peak | -0.92% | -1.51% | +0.59% |
Average DrawdownAverage peak-to-trough decline | -13.94% | -4.02% | -9.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 2.95% | +0.61% |
Volatility
XESX.L vs. AE50.DE - Volatility Comparison
Xtrackers EURO STOXX 50 UCITS ETF 1D (XESX.L) has a higher volatility of 4.86% compared to Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE) at 4.10%. This indicates that XESX.L's price experiences larger fluctuations and is considered to be riskier than AE50.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XESX.L | AE50.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.86% | 4.10% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 12.29% | 10.70% | +1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.25% | 12.85% | +2.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 13.80% | +3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 14.84% | +3.43% |
XESX.L vs. AE50.DE - Expense Ratio Comparison
XESX.L has a 0.09% expense ratio, which is lower than AE50.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XESX.L vs. AE50.DE - Dividend Comparison
XESX.L's dividend yield for the trailing twelve months is around 0.02%, while AE50.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AE50.DE Amundi ETF STOXX Europe 50 UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XESX.L Xtrackers EURO STOXX 50 UCITS ETF 1D | 0.02% | 0.03% | 0.03% | 0.03% | 0.05% | 0.02% | 0.03% | 0.02% | 0.03% | 0.03% | 0.02% | 0.00% |
Frequently Asked Questions
XESX.L and AE50.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XESX.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XESX.L is cheaper with a 0.09% expense ratio, compared with 0.15% for AE50.DE.
XESX.L tracks MSCI EMU NR EUR, while AE50.DE tracks STOXX® Europe 50. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.09% for XESX.L and 0.15% for AE50.DE.
Find the right allocation for XESX.L and AE50.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