XNAS.DE vs. XDEW.DE
XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XNAS.DE is a Nasdaq-100 fund tracking the Nasdaq 100®, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 5 years, XNAS.DE returned 16.25%/yr vs 9.45%/yr for XDEW.DE. A 0.64 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
XNAS.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNAS.DE achieves a 19.50% return, which is significantly higher than XDEW.DE's 14.15% return.
XNAS.DE
- 1D
- 0.00%
- 1M
- -1.46%
- 6M
- 19.17%
- YTD
- 19.50%
- 1Y
- 31.24%
- 3Y*
- 23.42%
- 5Y*
- 16.25%
- 10Y*
- —
XDEW.DE
- 1D
- -0.02%
- 1M
- 1.80%
- 6M
- 10.18%
- YTD
- 14.15%
- 1Y
- 19.97%
- 3Y*
- 12.88%
- 5Y*
- 9.45%
- 10Y*
- 11.05%
XNAS.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 19.50% | 7.11% | 33.75% | 51.36% | -29.99% | 31.23% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.15% | -0.46% | 18.66% | 10.08% | -6.94% | 35.40% |
Correlation
The correlation between XNAS.DE and XDEW.DE 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 | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2021 | 0.64 |
The correlation between XNAS.DE and XDEW.DE shifts across timeframes, from 0.48 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XNAS.DE vs. XDEW.DE — Risk / Return Rank
XNAS.DE
XDEW.DE
XNAS.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
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 | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.34 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 3.93 | -0.79 |
| Martin ratioReturn relative to average drawdown | 9.01 | 12.11 | -3.11 |
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Drawdowns
XNAS.DE vs. XDEW.DE - Drawdown Comparison
The maximum XNAS.DE drawdown since its inception was -31.25%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XNAS.DE and XDEW.DE.
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Drawdown Indicators
| XNAS.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.25% | -38.79% | +7.54% |
Max Drawdown (1Y)Largest decline over 1 year | -10.00% | -5.06% | -4.94% |
Max Drawdown (3Y)Largest decline over 3 years | -26.72% | -22.70% | -4.02% |
Max Drawdown (5Y)Largest decline over 5 years | -31.25% | -22.70% | -8.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.79% | — |
Current DrawdownCurrent decline from peak | -2.23% | -0.92% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -7.72% | -5.33% | -2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 1.65% | +1.83% |
Volatility
XNAS.DE vs. XDEW.DE - Volatility Comparison
Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) has a higher volatility of 5.83% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.73%. This indicates that XNAS.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNAS.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.83% | 2.73% | +3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 12.59% | 6.91% | +5.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.29% | 10.64% | +6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.11% | 14.91% | +5.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.93% | 16.80% | +3.13% |
XNAS.DE vs. XDEW.DE - Expense Ratio Comparison
Both XNAS.DE and XDEW.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XNAS.DE vs. XDEW.DE - Dividend Comparison
Neither XNAS.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
XNAS.DE and XDEW.DE 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.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XNAS.DE and XDEW.DE have the same expense ratio: 0.20% per year.
XNAS.DE is categorized as Nasdaq-100, while XDEW.DE is S&P 500. XNAS.DE tracks Nasdaq 100®, while XDEW.DE tracks S&P 500 Equal Weight Index.
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