XNKY.DE vs. XCS3.DE
XNKY.DE (Xtrackers Nikkei 225 UCITS ETF) and XCS3.DE (Xtrackers MSCI Malaysia UCITS ETF (Acc)) are both exchange-traded funds - XNKY.DE is a Japan Equities fund tracking the Nikkei 225®, while XCS3.DE is a Asia Pacific Equities fund tracking the MSCI Malaysia Index. Both are passively managed. Over the past 5 years, XNKY.DE returned 13.15%/yr vs 6.89%/yr for XCS3.DE. At a 0.30 correlation, their price movements are largely independent. XNKY.DE charges 0.09%/yr vs 0.50%/yr for XCS3.DE.
Performance
XNKY.DE vs. XCS3.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNKY.DE achieves a 34.73% return, which is significantly higher than XCS3.DE's 7.13% return.
XNKY.DE
- 1D
- 0.00%
- 1M
- -1.17%
- 6M
- 26.91%
- YTD
- 34.73%
- 1Y
- 62.74%
- 3Y*
- 22.79%
- 5Y*
- 13.15%
- 10Y*
- —
XCS3.DE
- 1D
- 0.31%
- 1M
- 1.75%
- 6M
- 3.40%
- YTD
- 7.13%
- 1Y
- 23.98%
- 3Y*
- 13.47%
- 5Y*
- 6.89%
- 10Y*
- 1.83%
XNKY.DE vs. XCS3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XNKY.DE Xtrackers Nikkei 225 UCITS ETF | 34.73% | 16.16% | 14.34% | 18.03% | -15.35% | 3.16% | 7.65% |
XCS3.DE Xtrackers MSCI Malaysia UCITS ETF (Acc) | 7.13% | 3.11% | 26.75% | -7.60% | 1.23% | -1.02% | 3.79% |
Correlation
The correlation between XNKY.DE and XCS3.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020 | 0.30 |
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Return for Risk
XNKY.DE vs. XCS3.DE — Risk / Return Rank
XNKY.DE
XCS3.DE
XNKY.DE vs. XCS3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) and Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.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.
| XNKY.DE | XCS3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.29 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.85 | 3.04 | +1.81 |
| Martin ratioReturn relative to average drawdown | 14.07 | 8.22 | +5.85 |
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Drawdowns
XNKY.DE vs. XCS3.DE - Drawdown Comparison
The maximum XNKY.DE drawdown since its inception was -21.47%, smaller than the maximum XCS3.DE drawdown of -43.32%. Use the drawdown chart below to compare losses from any high point for XNKY.DE and XCS3.DE.
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Drawdown Indicators
| XNKY.DE | XCS3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.47% | -43.32% | +21.85% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -7.85% | -5.14% |
Max Drawdown (3Y)Largest decline over 3 years | -20.16% | -21.83% | +1.67% |
Max Drawdown (5Y)Largest decline over 5 years | -21.15% | -21.83% | +0.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.49% | — |
Current DrawdownCurrent decline from peak | -6.74% | -3.55% | -3.19% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -17.42% | +9.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.47% | 2.91% | +1.56% |
Volatility
XNKY.DE vs. XCS3.DE - Volatility Comparison
Xtrackers Nikkei 225 UCITS ETF (XNKY.DE) has a higher volatility of 9.42% compared to Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) at 3.83%. This indicates that XNKY.DE's price experiences larger fluctuations and is considered to be riskier than XCS3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNKY.DE | XCS3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.42% | 3.83% | +5.59% |
Volatility (6M)Calculated over the trailing 6-month period | 20.75% | 10.87% | +9.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.77% | 14.00% | +11.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.14% | 13.14% | +6.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 15.01% | +3.77% |
XNKY.DE vs. XCS3.DE - Expense Ratio Comparison
XNKY.DE has a 0.09% expense ratio, which is lower than XCS3.DE's 0.50% expense ratio.
Dividends
XNKY.DE vs. XCS3.DE - Dividend Comparison
Neither XNKY.DE nor XCS3.DE has paid dividends to shareholders.
Frequently Asked Questions
XNKY.DE and XCS3.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNKY.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNKY.DE is cheaper with a 0.09% expense ratio, compared with 0.50% for XCS3.DE.
XNKY.DE is categorized as Japan Equities, while XCS3.DE is Asia Pacific Equities. XNKY.DE tracks Nikkei 225®, while XCS3.DE tracks MSCI Malaysia Index. Their fees differ too: 0.09% for XNKY.DE and 0.50% for XCS3.DE.
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