XNAS.L vs. XS6R.L

Last updated Jun 26, 2026

XNAS.L (Xtrackers NASDAQ 100 UCITS ETF) and XS6R.L (Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C) are both exchange-traded funds - XNAS.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while XS6R.L is a Utilities Equities fund tracking the MSCI World/Utilities NR USD. Both are passively managed. Over the past 5 years, XNAS.L returned 23.79%/yr vs 11.10%/yr for XS6R.L. At a 0.22 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.

Performance

XNAS.L vs. XS6R.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) and Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XNAS.L is traded in USD, while XS6R.L is traded in GBp. To make them comparable, the XS6R.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XNAS.L achieves a 15.56% return, which is significantly higher than XS6R.L's 12.43% return.

XNAS.L

• 1D: -0.50%
• 1M: -1.93%
• YTD: 15.56%
• 6M: 14.86%
• 1Y: 32.35%
• 3Y*: 26.07%
• 5Y*: 23.79%
• 10Y*: —

XS6R.L

• 1D: 1.83%
• 1M: -1.12%
• YTD: 12.43%
• 6M: 13.15%
• 1Y: 24.66%
• 3Y*: 19.12%
• 5Y*: 11.10%
• 10Y*: 12.05%

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

XNAS.L vs. XS6R.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XNAS.L Xtrackers NASDAQ 100 UCITS ETF	15.56%	19.82%	26.59%	88.40%	-25.44%	-8.88%
XS6R.L Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C	12.43%	48.78%	-2.84%	17.43%	-14.12%	-1.42%

Correlation

The correlation between XNAS.L and XS6R.L is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jan 21, 2021	0.22

The correlation between XNAS.L and XS6R.L shifts across timeframes, from 0.10 (3 years) to 0.22 (all time), reflecting how their relationship changes across market environments.

XNAS.L vs. XS6R.L - Sectors Allocation Comparison

Sectors	XNAS.L	XS6R.L
Technology	53.7%	-
Communication Services	15.8%	-
Consumer Cyclical	12.2%	-
Consumer Defensive	7.7%	-
Healthcare	4.2%	-
Industrials	3.1%	5.4%
Utilities	1.4%	94.6%
Basic Materials	1.1%	-
Energy	0.6%	-
Financial Services	0.2%	-
Real Estate	0.1%	-

Return for Risk

XNAS.L vs. XS6R.L — Risk / Return Rank

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

XNAS.L

XNAS.L Risk / Return Rank: 67
XNAS.L Sharpe Ratio Rank: 69
XNAS.L Sortino Ratio Rank: 69
XNAS.L Omega Ratio Rank: 66
XNAS.L Calmar Ratio Rank: 68
XNAS.L Martin Ratio Rank: 65

XS6R.L

XS6R.L Risk / Return Rank: 65
XS6R.L Sharpe Ratio Rank: 69
XS6R.L Sortino Ratio Rank: 61
XS6R.L Omega Ratio Rank: 65
XS6R.L Calmar Ratio Rank: 72
XS6R.L Martin Ratio Rank: 58

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.L vs. XS6R.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) and Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L). 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.L	XS6R.L	Difference
Sharpe ratio: Return per unit of total volatility	1.93	1.48	+0.44
Sortino ratio: Return per unit of downside risk	2.72	1.97	+0.75
Omega ratio: Gain probability vs. loss probability	1.34	1.26	+0.08
Calmar ratio: Return relative to maximum drawdown	2.95	2.56	+0.39
Martin ratio: Return relative to average drawdown	10.21	6.81	+3.40

XNAS.L vs. XS6R.L - Sharpe Ratio Comparison

The current XNAS.L Sharpe Ratio is 1.93, which is higher than the XS6R.L Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of XNAS.L and XS6R.L, 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.L vs. XS6R.L - Drawdown Comparison

The maximum XNAS.L drawdown since its inception was -34.26%, smaller than the maximum XS6R.L drawdown of -68.59%. Use the drawdown chart below to compare losses from any high point for XNAS.L and XS6R.L.

Drawdown Indicators

	XNAS.L	XS6R.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.26%	-68.59%	+34.33%
Max Drawdown (1Y) Largest decline over 1 year	-10.91%	-9.58%	-1.33%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	-17.79%	-5.13%
Max Drawdown (5Y) Largest decline over 5 years	-27.52%	-35.61%	+8.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.42%	—
Current Drawdown Current decline from peak	-4.17%	-5.04%	+0.87%
Average Drawdown Average peak-to-trough decline	-10.29%	-42.81%	+32.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	3.62%	-0.46%

Volatility

XNAS.L vs. XS6R.L - Volatility Comparison

Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) has a higher volatility of 6.53% compared to Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L) at 3.58%. This indicates that XNAS.L's price experiences larger fluctuations and is considered to be riskier than XS6R.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNAS.L	XS6R.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.53%	3.58%	+2.95%
Volatility (6M) Calculated over the trailing 6-month period	13.07%	14.20%	-1.13%
Volatility (1Y) Calculated over the trailing 1-year period	16.72%	16.60%	+0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.81%	20.99%	+1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.22%	20.69%	+4.53%

XNAS.L vs. XS6R.L - Expense Ratio Comparison

Both XNAS.L and XS6R.L 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.L vs. XS6R.L - Dividend Comparison

Neither XNAS.L nor XS6R.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XNAS.L and XS6R.L in my portfolio?

XNAS.L and XS6R.L have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XNAS.L or XS6R.L?

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XNAS.L or XS6R.L?

XNAS.L and XS6R.L have the same expense ratio: 0.20% per year.

What is the main difference between XNAS.L and XS6R.L?

XNAS.L is categorized as Nasdaq-100, while XS6R.L is Utilities Equities. XNAS.L tracks NASDAQ-100 Index, while XS6R.L tracks MSCI World/Utilities NR USD.