XIEE.DE vs. EUNK.DE
XIEE.DE (Xtrackers MSCI Europe UCITS ETF) and EUNK.DE (iShares Core MSCI Europe UCITS ETF EUR (Acc)) are both Europe Equities funds tracking the MSCI Europe, from Xtrackers and iShares respectively. Both are passively managed. Over the past 10 years, XIEE.DE returned 9.16%/yr vs 9.16%/yr for EUNK.DE. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.12% expense ratio.
Performance
XIEE.DE vs. EUNK.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with XIEE.DE having a 7.68% return and EUNK.DE slightly lower at 7.32%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: XIEE.DE at 9.16% and EUNK.DE at 9.16%.
XIEE.DE
- 1D
- 0.61%
- 1M
- 3.33%
- YTD
- 7.68%
- 6M
- 9.90%
- 1Y
- 16.12%
- 3Y*
- 13.74%
- 5Y*
- 9.99%
- 10Y*
- 9.16%
EUNK.DE
- 1D
- 0.60%
- 1M
- 1.11%
- YTD
- 7.32%
- 6M
- 9.84%
- 1Y
- 15.90%
- 3Y*
- 13.70%
- 5Y*
- 9.96%
- 10Y*
- 9.16%
XIEE.DE vs. EUNK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 7.68% | 20.34% | 8.08% | 15.72% | -9.15% | 24.96% | -3.13% | 27.82% | -11.03% | 10.26% |
EUNK.DE iShares Core MSCI Europe UCITS ETF EUR (Acc) | 7.32% | 20.34% | 8.22% | 15.78% | -9.07% | 24.95% | -3.14% | 27.85% | -10.93% | 10.51% |
Correlation
The correlation between XIEE.DE and EUNK.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2015 | 0.99 |
The correlation between XIEE.DE and EUNK.DE has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
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Return for Risk
XIEE.DE vs. EUNK.DE — Risk / Return Rank
XIEE.DE
EUNK.DE
XIEE.DE vs. EUNK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe UCITS ETF (XIEE.DE) and iShares Core MSCI Europe UCITS ETF EUR (Acc) (EUNK.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.
| XIEE.DE | EUNK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.24 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 1.69 | -0.02 |
| Martin ratioReturn relative to average drawdown | 6.35 | 6.26 | +0.09 |
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
| XIEE.DE | EUNK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 1.25 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.69 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.59 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.52 | 0.00 |
Drawdowns
XIEE.DE vs. EUNK.DE - Drawdown Comparison
The maximum XIEE.DE drawdown since its inception was -35.51%, roughly equal to the maximum EUNK.DE drawdown of -35.45%. Use the drawdown chart below to compare losses from any high point for XIEE.DE and EUNK.DE.
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Drawdown Indicators
| XIEE.DE | EUNK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.51% | -35.45% | -0.06% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -9.52% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -16.52% | -16.58% | +0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -19.30% | -19.45% | +0.15% |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | -35.45% | -0.06% |
Current DrawdownCurrent decline from peak | -1.61% | -1.68% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -5.31% | +0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.57% | -0.04% |
Volatility
XIEE.DE vs. EUNK.DE - Volatility Comparison
Xtrackers MSCI Europe UCITS ETF (XIEE.DE) and iShares Core MSCI Europe UCITS ETF EUR (Acc) (EUNK.DE) have volatilities of 4.32% and 4.33%, 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.
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Volatility by Period
| XIEE.DE | EUNK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.32% | 4.33% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.51% | 10.59% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.72% | 12.85% | -0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.13% | 14.20% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.54% | 15.49% | +0.05% |
XIEE.DE vs. EUNK.DE - Expense Ratio Comparison
Both XIEE.DE and EUNK.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XIEE.DE vs. EUNK.DE - Dividend Comparison
XIEE.DE's dividend yield for the trailing twelve months is around 2.43%, while EUNK.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EUNK.DE iShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 2.43% | 2.49% | 3.26% | 2.85% | 5.70% | 1.50% | 3.74% | 0.30% | 3.19% | 0.92% | 0.09% |
Frequently Asked Questions
With a correlation of 1.00, XIEE.DE and EUNK.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.12% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XIEE.DE and EUNK.DE have the same expense ratio: 0.12% per year.
Both ETFs track MSCI Europe. They also come from different issuers: Xtrackers and iShares.
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