XIEE.DE vs. SXR8.DE
XIEE.DE (Xtrackers MSCI Europe UCITS ETF) and SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) are both exchange-traded funds - XIEE.DE is a Europe Equities fund tracking the MSCI Europe, while SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, XIEE.DE returned 9.16%/yr vs 14.95%/yr for SXR8.DE. A 0.72 correlation means they provide meaningful diversification when combined. XIEE.DE charges 0.12%/yr vs 0.07%/yr for SXR8.DE.
Performance
XIEE.DE vs. SXR8.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XIEE.DE achieves a 7.68% return, which is significantly lower than SXR8.DE's 11.37% return. Over the past 10 years, XIEE.DE has underperformed SXR8.DE with an annualized return of 9.16%, while SXR8.DE has yielded a comparatively higher 14.95% annualized return.
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%
SXR8.DE
- 1D
- -0.15%
- 1M
- 4.36%
- YTD
- 11.37%
- 6M
- 10.83%
- 1Y
- 25.54%
- 3Y*
- 18.87%
- 5Y*
- 14.77%
- 10Y*
- 14.95%
XIEE.DE vs. SXR8.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% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 11.37% | 4.73% | 32.32% | 22.47% | -14.31% | 40.74% | 6.80% | 34.49% | -1.05% | 6.67% |
Correlation
The correlation between XIEE.DE and SXR8.DE is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2015 | 0.72 |
The correlation between XIEE.DE and SXR8.DE shifts across timeframes, from 0.56 (3 years) to 0.72 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XIEE.DE vs. SXR8.DE — Risk / Return Rank
XIEE.DE
SXR8.DE
XIEE.DE vs. SXR8.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 S&P 500 UCITS ETF USD (Acc) (SXR8.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 | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.41 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 3.58 | -1.91 |
| Martin ratioReturn relative to average drawdown | 6.35 | 12.71 | -6.36 |
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 | SXR8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 2.21 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.96 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.92 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.79 | -0.27 |
Drawdowns
XIEE.DE vs. SXR8.DE - Drawdown Comparison
The maximum XIEE.DE drawdown since its inception was -35.51%, which is greater than SXR8.DE's maximum drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for XIEE.DE and SXR8.DE.
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Drawdown Indicators
| XIEE.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.51% | -33.78% | -1.73% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -7.13% | -2.48% |
Max Drawdown (3Y)Largest decline over 3 years | -16.52% | -23.32% | +6.80% |
Max Drawdown (5Y)Largest decline over 5 years | -19.30% | -23.32% | +4.02% |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | -33.78% | -1.73% |
Current DrawdownCurrent decline from peak | -1.61% | -0.45% | -1.16% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -5.17% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.01% | +0.52% |
Volatility
XIEE.DE vs. SXR8.DE - Volatility Comparison
Xtrackers MSCI Europe UCITS ETF (XIEE.DE) has a higher volatility of 4.32% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) at 2.65%. This indicates that XIEE.DE's price experiences larger fluctuations and is considered to be riskier than SXR8.DE 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 | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.32% | 2.65% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 10.51% | 7.57% | +2.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.72% | 11.56% | +1.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.13% | 15.16% | -1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.54% | 16.09% | -0.55% |
XIEE.DE vs. SXR8.DE - Expense Ratio Comparison
XIEE.DE has a 0.12% expense ratio, which is higher than SXR8.DE's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XIEE.DE vs. SXR8.DE - Dividend Comparison
XIEE.DE's dividend yield for the trailing twelve months is around 2.43%, while SXR8.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
SXR8.DE iShares Core S&P 500 UCITS ETF USD (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
XIEE.DE and SXR8.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.12% for XIEE.DE.
XIEE.DE is categorized as Europe Equities, while SXR8.DE is S&P 500. XIEE.DE tracks MSCI Europe, while SXR8.DE tracks S&P 500 Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XIEE.DE and 0.07% for SXR8.DE.
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