XMAS.L vs. SUSA

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers MSCI EM Asia ESG Screened Swap UCITS ETF 1C (XMAS.L) and iShares MSCI USA ESG Select ETF (SUSA).

XMAS.L and SUSA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMAS.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI AC Asia Ex Japan NR USD. It was launched on Jun 21, 2007. SUSA is a passively managed fund by iShares that tracks the performance of the MSCI USA ESG Select Index. It was launched on Jan 24, 2005. Both XMAS.L and SUSA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XMAS.L vs. SUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI EM Asia ESG Screened Swap UCITS ETF 1C (XMAS.L) and iShares MSCI USA ESG Select ETF (SUSA). The values are adjusted to include any dividend payments, if applicable.

XMAS.L vs. SUSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XMAS.L Xtrackers MSCI EM Asia ESG Screened Swap UCITS ETF 1C	5.44%	25.07%	17.38%	-2.13%	-11.07%	-5.15%	22.90%	14.01%	-10.84%	30.08%
SUSA iShares MSCI USA ESG Select ETF	-2.62%	7.48%	24.57%	17.69%	-12.03%	31.68%	21.00%	27.08%	-0.07%	11.93%

Different Trading Currencies

XMAS.L is traded in GBp, while SUSA is traded in USD. To make them comparable, the SUSA values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XMAS.L achieves a 5.44% return, which is significantly higher than SUSA's -2.62% return. Over the past 10 years, XMAS.L has underperformed SUSA with an annualized return of 9.57%, while SUSA has yielded a comparatively higher 14.36% annualized return.

XMAS.L

• 1D: 3.65%
• 1M: -6.20%
• YTD: 5.44%
• 6M: 9.34%
• 1Y: 33.97%
• 3Y*: 14.18%
• 5Y*: 4.43%
• 10Y*: 9.57%

SUSA

• 1D: 0.58%
• 1M: -3.54%
• YTD: -2.62%
• 6M: -0.01%
• 1Y: 13.73%
• 3Y*: 13.49%
• 5Y*: 10.71%
• 10Y*: 14.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XMAS.L vs. SUSA - Expense Ratio Comparison

XMAS.L has a 0.65% expense ratio, which is higher than SUSA's 0.25% expense ratio.

XMAS.L

Xtrackers MSCI EM Asia ESG Screened Swap UCITS ETF 1C

SUSA

iShares MSCI USA ESG Select ETF

Return for Risk

XMAS.L vs. SUSA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XMAS.L

XMAS.L Risk / Return Rank: 80
XMAS.L Sharpe Ratio Rank: 86
XMAS.L Sortino Ratio Rank: 87
XMAS.L Omega Ratio Rank: 85
XMAS.L Calmar Ratio Rank: 74
XMAS.L Martin Ratio Rank: 70

SUSA

SUSA Risk / Return Rank: 53
SUSA Sharpe Ratio Rank: 49
SUSA Sortino Ratio Rank: 51
SUSA Omega Ratio Rank: 53
SUSA Calmar Ratio Rank: 52
SUSA Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XMAS.L vs. SUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EM Asia ESG Screened Swap UCITS ETF 1C (XMAS.L) and iShares MSCI USA ESG Select ETF (SUSA). 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.

	XMAS.L	SUSA	Difference
Sharpe ratio Return per unit of total volatility	1.85	0.75	+1.10
Sortino ratio Return per unit of downside risk	2.49	1.15	+1.34
Omega ratio Gain probability vs. loss probability	1.35	1.17	+0.18
Calmar ratio Return relative to maximum drawdown	2.18	1.25	+0.93
Martin ratio Return relative to average drawdown	8.03	4.80	+3.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XMAS.L vs. SUSA - Sharpe Ratio Comparison

The current XMAS.L Sharpe Ratio is 1.85, which is higher than the SUSA Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of XMAS.L and SUSA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XMAS.L	SUSA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.85	0.75	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.67	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.79	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.65	-0.29

Correlation

The correlation between XMAS.L and SUSA is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XMAS.L vs. SUSA - Dividend Comparison

XMAS.L has not paid dividends to shareholders, while SUSA's dividend yield for the trailing twelve months is around 0.96%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XMAS.L Xtrackers MSCI EM Asia ESG Screened Swap UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SUSA iShares MSCI USA ESG Select ETF	0.96%	0.89%	1.15%	1.32%	1.52%	0.98%	1.17%	1.52%	1.72%	1.40%	1.56%	1.42%

Drawdowns

XMAS.L vs. SUSA - Drawdown Comparison

The maximum XMAS.L drawdown since its inception was -55.27%, which is greater than SUSA's maximum drawdown of -32.84%. Use the drawdown chart below to compare losses from any high point for XMAS.L and SUSA.

Drawdown Indicators

	XMAS.L	SUSA	Difference
Max Drawdown Largest peak-to-trough decline	-55.27%	-53.93%	-1.34%
Max Drawdown (1Y) Largest decline over 1 year	-11.65%	-12.12%	+0.47%
Max Drawdown (5Y) Largest decline over 5 years	-28.81%	-28.23%	-0.58%
Max Drawdown (10Y) Largest decline over 10 years	-34.23%	-32.93%	-1.30%
Current Drawdown Current decline from peak	-8.42%	-6.49%	-1.93%
Average Drawdown Average peak-to-trough decline	-11.75%	-7.30%	-4.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.03%	2.70%	+1.33%

Volatility

XMAS.L vs. SUSA - Volatility Comparison

Xtrackers MSCI EM Asia ESG Screened Swap UCITS ETF 1C (XMAS.L) has a higher volatility of 7.51% compared to iShares MSCI USA ESG Select ETF (SUSA) at 4.33%. This indicates that XMAS.L's price experiences larger fluctuations and is considered to be riskier than SUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XMAS.L	SUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	4.33%	+3.18%
Volatility (6M) Calculated over the trailing 6-month period	13.50%	9.68%	+3.82%
Volatility (1Y) Calculated over the trailing 1-year period	19.10%	18.45%	+0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.85%	16.13%	+5.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.44%	18.13%	+4.31%