XNAS.DE vs. ^STOXX

Last updated Jun 5, 2026

XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) is Nasdaq-100 fund tracking the Nasdaq 100®, while ^STOXX (STOXX Europe 600 Index) is an index. Over the past 5 years, XNAS.DE returned 18.79%/yr vs 6.72%/yr for ^STOXX. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

XNAS.DE vs. ^STOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) and STOXX Europe 600 Index (^STOXX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XNAS.DE achieves a 20.53% return, which is significantly higher than ^STOXX's 6.82% return.

XNAS.DE

• 1D: -0.83%
• 1M: 2.97%
• YTD: 20.53%
• 6M: 22.04%
• 1Y: 39.25%
• 3Y*: 24.64%
• 5Y*: 18.79%
• 10Y*: —

^STOXX

• 1D: 1.88%
• 1M: 3.56%
• YTD: 6.82%
• 6M: 9.51%
• 1Y: 16.20%
• 3Y*: 10.98%
• 5Y*: 6.72%
• 10Y*: 7.05%

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

XNAS.DE vs. ^STOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C	20.53%	7.11%	33.75%	51.36%	-29.99%	31.23%
^STOXX STOXX Europe 600 Index	6.82%	17.42%	5.39%	12.74%	-13.06%	19.87%

Correlation

The correlation between XNAS.DE and ^STOXX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jan 27, 2021	0.57

The correlation between XNAS.DE and ^STOXX has been stable across timeframes, ranging from 0.48 to 0.57 - a consistent structural relationship.

Return for Risk

XNAS.DE vs. ^STOXX — Risk / Return Rank

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

XNAS.DE

XNAS.DE Risk / Return Rank: 71
XNAS.DE Sharpe Ratio Rank: 75
XNAS.DE Sortino Ratio Rank: 71
XNAS.DE Omega Ratio Rank: 71
XNAS.DE Calmar Ratio Rank: 76
XNAS.DE Martin Ratio Rank: 63

^STOXX

^STOXX Risk / Return Rank: 44
^STOXX Sharpe Ratio Rank: 43
^STOXX Sortino Ratio Rank: 45
^STOXX Omega Ratio Rank: 45
^STOXX Calmar Ratio Rank: 40
^STOXX Martin Ratio Rank: 47

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.

XNAS.DE vs. ^STOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) and STOXX Europe 600 Index (^STOXX). 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.

	XNAS.DE	^STOXX	Difference
Sharpe ratio: Return per unit of total volatility	2.40	1.25	+1.15
Sortino ratio: Return per unit of downside risk	3.18	1.88	+1.30
Omega ratio: Gain probability vs. loss probability	1.42	1.23	+0.18
Calmar ratio: Return relative to maximum drawdown	3.77	1.61	+2.16
Martin ratio: Return relative to average drawdown	11.16	5.82	+5.35

XNAS.DE vs. ^STOXX - Sharpe Ratio Comparison

The current XNAS.DE Sharpe Ratio is 2.40, which is higher than the ^STOXX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of XNAS.DE and ^STOXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XNAS.DE vs. ^STOXX - Drawdown Comparison

The maximum XNAS.DE drawdown since its inception was -31.25%, smaller than the maximum ^STOXX drawdown of -60.54%. Use the drawdown chart below to compare losses from any high point for XNAS.DE and ^STOXX.

Drawdown Indicators

	XNAS.DE	^STOXX	Difference
Max Drawdown Largest peak-to-trough decline	-31.25%	-60.54%	+29.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	-9.56%	-0.44%
Max Drawdown (3Y) Largest decline over 3 years	-26.72%	-16.56%	-10.16%
Max Drawdown (5Y) Largest decline over 5 years	-31.25%	-22.55%	-8.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.55%	—
Current Drawdown Current decline from peak	-0.83%	-0.10%	-0.73%
Average Drawdown Average peak-to-trough decline	-7.83%	-14.61%	+6.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.38%	2.68%	+0.70%

Volatility

XNAS.DE vs. ^STOXX - Volatility Comparison

Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) has a higher volatility of 4.31% compared to STOXX Europe 600 Index (^STOXX) at 3.17%. This indicates that XNAS.DE's price experiences larger fluctuations and is considered to be riskier than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNAS.DE	^STOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	3.17%	+1.14%
Volatility (6M) Calculated over the trailing 6-month period	10.91%	10.28%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	15.71%	12.30%	+3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.88%	14.22%	+5.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.85%	15.50%	+4.35%

Frequently Asked Questions

Can I hold both XNAS.DE and ^STOXX in my portfolio?

XNAS.DE and ^STOXX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.