XMCX.L vs. MSF.DE

Last updated Jun 5, 2026

XMCX.L (Xtrackers FTSE 250 UCITS ETF 1D) is Europe Equities fund tracking the FTSE 250 Ex Investment Trust TR GBP, while MSF.DE (Microsoft Corporation) is a stock. Over the past 10 years, XMCX.L returned 2.36%/yr vs 25.74%/yr for MSF.DE. At a 0.34 correlation, their price movements are largely independent.

Performance

XMCX.L vs. MSF.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers FTSE 250 UCITS ETF 1D (XMCX.L) and Microsoft Corporation (MSF.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XMCX.L is traded in GBp, while MSF.DE is traded in EUR. To make them comparable, the MSF.DE values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XMCX.L achieves a 3.83% return, which is significantly higher than MSF.DE's -10.77% return. Over the past 10 years, XMCX.L has underperformed MSF.DE with an annualized return of 2.36%, while MSF.DE has yielded a comparatively higher 25.74% annualized return.

XMCX.L

• 1D: 0.64%
• 1M: 3.42%
• YTD: 3.83%
• 6M: 6.00%
• 1Y: 9.84%
• 3Y*: 6.25%
• 5Y*: -0.20%
• 10Y*: 2.36%

MSF.DE

• 1D: 0.79%
• 1M: 5.92%
• YTD: -10.77%
• 6M: -10.28%
• 1Y: -5.88%
• 3Y*: 6.36%
• 5Y*: 13.37%
• 10Y*: 25.74%

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

XMCX.L vs. MSF.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XMCX.L Xtrackers FTSE 250 UCITS ETF 1D	3.83%	8.84%	3.42%	3.42%	-20.92%	14.63%	-8.73%	24.38%	-16.43%	14.26%
MSF.DE Microsoft Corporation	-10.77%	7.23%	15.56%	50.22%	-21.42%	54.79%	37.28%	53.55%	27.58%	27.07%

Correlation

The correlation between XMCX.L and MSF.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since Sep 28, 2007	0.34

Return for Risk

XMCX.L vs. MSF.DE — Risk / Return Rank

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

XMCX.L

XMCX.L Risk / Return Rank: 22
XMCX.L Sharpe Ratio Rank: 23
XMCX.L Sortino Ratio Rank: 23
XMCX.L Omega Ratio Rank: 23
XMCX.L Calmar Ratio Rank: 20
XMCX.L Martin Ratio Rank: 23

MSF.DE

MSF.DE Risk / Return Rank: 29
MSF.DE Sharpe Ratio Rank: 28
MSF.DE Sortino Ratio Rank: 25
MSF.DE Omega Ratio Rank: 24
MSF.DE Calmar Ratio Rank: 33
MSF.DE Martin Ratio Rank: 33

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.

XMCX.L vs. MSF.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE 250 UCITS ETF 1D (XMCX.L) and Microsoft Corporation (MSF.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.

	XMCX.L	MSF.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.80	-0.22	+1.02
Sortino ratio: Return per unit of downside risk	1.23	-0.12	+1.35
Omega ratio: Gain probability vs. loss probability	1.15	0.98	+0.17
Calmar ratio: Return relative to maximum drawdown	0.83	-0.18	+1.00
Martin ratio: Return relative to average drawdown	2.78	-0.35	+3.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XMCX.L vs. MSF.DE - Sharpe Ratio Comparison

The current XMCX.L Sharpe Ratio is 0.80, which is higher than the MSF.DE Sharpe Ratio of -0.22. The chart below compares the historical Sharpe Ratios of XMCX.L and MSF.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XMCX.L	MSF.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	-0.22	+1.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	0.53	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	1.05	-0.90
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.74	-0.53

Drawdowns

XMCX.L vs. MSF.DE - Drawdown Comparison

The maximum XMCX.L drawdown since its inception was -50.63%, which is greater than MSF.DE's maximum drawdown of -39.94%. Use the drawdown chart below to compare losses from any high point for XMCX.L and MSF.DE.

Drawdown Indicators

	XMCX.L	MSF.DE	Difference
Max Drawdown Largest peak-to-trough decline	-50.63%	-39.94%	-10.69%
Max Drawdown (1Y) Largest decline over 1 year	-11.95%	-33.32%	+21.37%
Max Drawdown (3Y) Largest decline over 3 years	-18.45%	-33.32%	+14.87%
Max Drawdown (5Y) Largest decline over 5 years	-32.61%	-33.32%	+0.71%
Max Drawdown (10Y) Largest decline over 10 years	-41.35%	-33.32%	-8.03%
Current Drawdown Current decline from peak	-7.13%	-21.09%	+13.96%
Average Drawdown Average peak-to-trough decline	-11.24%	-8.84%	-2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	16.79%	-13.24%

Volatility

XMCX.L vs. MSF.DE - Volatility Comparison

The current volatility for Xtrackers FTSE 250 UCITS ETF 1D (XMCX.L) is 3.58%, while Microsoft Corporation (MSF.DE) has a volatility of 11.15%. This indicates that XMCX.L experiences smaller price fluctuations and is considered to be less risky than MSF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XMCX.L	MSF.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.58%	11.15%	-7.57%
Volatility (6M) Calculated over the trailing 6-month period	9.95%	23.85%	-13.90%
Volatility (1Y) Calculated over the trailing 1-year period	12.38%	26.62%	-14.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.15%	25.04%	-9.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.47%	24.44%	-7.97%

Dividends

XMCX.L vs. MSF.DE - Dividend Comparison

XMCX.L's dividend yield for the trailing twelve months is around 0.04%, less than MSF.DE's 0.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSF.DE Microsoft Corporation	0.71%	0.63%	0.60%	0.65%	0.92%	0.55%	0.87%	1.02%	1.42%	1.69%	1.90%	1.93%
XMCX.L Xtrackers FTSE 250 UCITS ETF 1D	0.04%	0.04%	0.04%	0.03%	0.05%	0.01%	0.03%	0.03%	0.04%	0.03%	0.03%	0.00%

Frequently Asked Questions

Can I hold both XMCX.L and MSF.DE in my portfolio?

XMCX.L and MSF.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.