XNDX.DE vs. XDEW.DE
XNDX.DE (Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XNDX.DE is a Nasdaq-100 fund tracking the Nasdaq 100 Index, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past year, XNDX.DE returned 11.18% vs 19.87% for XDEW.DE. At a 0.45 correlation, their price movements are largely independent. XNDX.DE charges 0.18%/yr vs 0.20%/yr for XDEW.DE.
Performance
XNDX.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNDX.DE achieves a 18.01% return, which is significantly higher than XDEW.DE's 14.50% return.
XNDX.DE
- 1D
- 0.00%
- 1M
- -1.63%
- 6M
- 16.17%
- YTD
- 18.01%
- 1Y
- 11.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDEW.DE
- 1D
- -0.34%
- 1M
- 2.32%
- 6M
- 9.75%
- YTD
- 14.50%
- 1Y
- 19.87%
- 3Y*
- 12.62%
- 5Y*
- 9.52%
- 10Y*
- 11.04%
XNDX.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD | 18.01% | -4.86% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.50% | 5.25% |
Correlation
The correlation between XNDX.DE and XDEW.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.45 |
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Return for Risk
XNDX.DE vs. XDEW.DE — Risk / Return Rank
XNDX.DE
XDEW.DE
XNDX.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.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.
| XNDX.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.60 | ||
| Sortino ratioReturn per unit of downside risk | -2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.35 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 3.91 | -3.36 |
| Martin ratioReturn relative to average drawdown | 0.96 | 12.05 | -11.09 |
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Drawdowns
XNDX.DE vs. XDEW.DE - Drawdown Comparison
The maximum XNDX.DE drawdown since its inception was -20.10%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XNDX.DE and XDEW.DE.
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Drawdown Indicators
| XNDX.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.10% | -38.79% | +18.69% |
Max Drawdown (1Y)Largest decline over 1 year | -20.10% | -5.06% | -15.04% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.70% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.79% | — |
Current DrawdownCurrent decline from peak | -3.50% | -0.61% | -2.89% |
Average DrawdownAverage peak-to-trough decline | -9.61% | -5.33% | -4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.68% | 1.65% | +10.03% |
Volatility
XNDX.DE vs. XDEW.DE - Volatility Comparison
Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.DE) has a higher volatility of 5.56% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.81%. This indicates that XNDX.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
| XNDX.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 2.81% | +2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 12.39% | 6.82% | +5.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.87% | 10.43% | +20.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.69% | 14.90% | +15.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.69% | 16.80% | +13.89% |
XNDX.DE vs. XDEW.DE - Expense Ratio Comparison
XNDX.DE has a 0.18% expense ratio, which is lower than XDEW.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XNDX.DE vs. XDEW.DE - Dividend Comparison
XNDX.DE's dividend yield for the trailing twelve months is around 0.10%, while XDEW.DE has not paid dividends to shareholders.
| Position | TTM |
|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.00% |
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD | 0.10% |
Frequently Asked Questions
XNDX.DE and XDEW.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNDX.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNDX.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for XDEW.DE.
XNDX.DE is categorized as Nasdaq-100, while XDEW.DE is S&P 500. XNDX.DE tracks Nasdaq 100 Index, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.18% for XNDX.DE and 0.20% for XDEW.DE.
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