XIEE.DE vs. EWT
XIEE.DE (Xtrackers MSCI Europe UCITS ETF) and EWT (iShares MSCI Taiwan ETF) are both exchange-traded funds - XIEE.DE is a Europe Equities fund tracking the MSCI Europe, while EWT is a Asia Pacific Equities fund tracking the MSCI Taiwan Index. Both are passively managed. Over the past 10 years, XIEE.DE returned 10.02%/yr vs 19.18%/yr for EWT. At a 0.40 correlation, their price movements are largely independent. XIEE.DE charges 0.12%/yr vs 0.59%/yr for EWT.
Performance
XIEE.DE vs. EWT - Performance Comparison
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Different Trading Currencies
XIEE.DE is traded in EUR, while EWT is traded in USD. To make them comparable, the EWT values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XIEE.DE achieves a 9.31% return, which is significantly lower than EWT's 64.02% return. Over the past 10 years, XIEE.DE has underperformed EWT with an annualized return of 10.02%, while EWT has yielded a comparatively higher 19.18% annualized return.
XIEE.DE
- 1D
- 1.84%
- 1M
- 4.98%
- YTD
- 9.31%
- 6M
- 11.06%
- 1Y
- 18.17%
- 3Y*
- 14.01%
- 5Y*
- 10.04%
- 10Y*
- 10.02%
EWT
- 1D
- 0.25%
- 1M
- 9.55%
- YTD
- 64.02%
- 6M
- 69.93%
- 1Y
- 89.50%
- 3Y*
- 31.88%
- 5Y*
- 18.56%
- 10Y*
- 19.18%
XIEE.DE vs. EWT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 9.31% | 20.33% | 8.08% | 15.72% | -9.15% | 24.96% | -3.13% | 27.82% | -10.98% | 10.20% |
EWT iShares MSCI Taiwan ETF | 64.02% | 13.14% | 23.78% | 20.25% | -24.49% | 35.62% | 20.66% | 36.37% | -5.67% | 11.23% |
Correlation
The correlation between XIEE.DE and EWT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2015 | 0.40 |
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Return for Risk
XIEE.DE vs. EWT — Risk / Return Rank
XIEE.DE
EWT
XIEE.DE vs. EWT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe UCITS ETF (XIEE.DE) and iShares MSCI Taiwan ETF (EWT). 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.
| XIEE.DE | EWT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.59 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 10.85 | -9.05 |
| Martin ratioReturn relative to average drawdown | 7.32 | 28.55 | -21.23 |
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Drawdowns
XIEE.DE vs. EWT - Drawdown Comparison
The maximum XIEE.DE drawdown since its inception was -35.52%, smaller than the maximum EWT drawdown of -57.02%. Use the drawdown chart below to compare losses from any high point for XIEE.DE and EWT.
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Drawdown Indicators
| XIEE.DE | EWT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.52% | -57.02% | +21.50% |
Max Drawdown (1Y)Largest decline over 1 year | -10.03% | -8.29% | -1.74% |
Max Drawdown (3Y)Largest decline over 3 years | -16.52% | -27.84% | +11.32% |
Max Drawdown (5Y)Largest decline over 5 years | -19.30% | -31.06% | +11.76% |
Max Drawdown (10Y)Largest decline over 10 years | -35.52% | -31.06% | -4.46% |
Current DrawdownCurrent decline from peak | 0.00% | -3.76% | +3.76% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -11.37% | +4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 3.15% | -0.67% |
Volatility
XIEE.DE vs. EWT - Volatility Comparison
The current volatility for Xtrackers MSCI Europe UCITS ETF (XIEE.DE) is 4.10%, while iShares MSCI Taiwan ETF (EWT) has a volatility of 12.70%. This indicates that XIEE.DE experiences smaller price fluctuations and is considered to be less risky than EWT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XIEE.DE | EWT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 12.70% | -8.60% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 21.13% | -9.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.69% | 25.46% | -11.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 21.63% | -7.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.60% | 21.07% | -3.47% |
XIEE.DE vs. EWT - Expense Ratio Comparison
XIEE.DE has a 0.12% expense ratio, which is lower than EWT's 0.59% expense ratio.
Dividends
XIEE.DE vs. EWT - Dividend Comparison
XIEE.DE's dividend yield for the trailing twelve months is around 2.39%, less than EWT's 2.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWT iShares MSCI Taiwan ETF | 2.74% | 4.43% | 3.32% | 8.12% | 18.82% | 0.55% | 1.83% | 2.49% | 3.16% | 2.81% | 2.39% | 3.12% |
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 2.39% | 2.49% | 3.26% | 2.85% | 5.70% | 1.50% | 3.74% | 0.30% | 3.19% | 0.92% | 0.09% | 0.00% |
Frequently Asked Questions
XIEE.DE and EWT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XIEE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XIEE.DE is cheaper with a 0.12% expense ratio, compared with 0.59% for EWT.
XIEE.DE is categorized as Europe Equities, while EWT is Asia Pacific Equities. XIEE.DE tracks MSCI Europe, while EWT tracks MSCI Taiwan Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XIEE.DE and 0.59% for EWT.
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