XNNV.DE vs. ESIT.DE
XNNV.DE (Xtrackers MSCI Innovation UCITS ETF 1C) and ESIT.DE (iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc)) are both Technology Equities funds - XNNV.DE tracks the MSCI ACWI IMI Innovation Select ESG Screened 200 while ESIT.DE tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, XNNV.DE returned 10.07%/yr vs 23.23%/yr for ESIT.DE. A 0.71 correlation means they provide meaningful diversification when combined. XNNV.DE charges 0.30%/yr vs 0.18%/yr for ESIT.DE.
Performance
XNNV.DE vs. ESIT.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNNV.DE achieves a 3.37% return, which is significantly lower than ESIT.DE's 42.77% return.
XNNV.DE
- 1D
- 0.00%
- 1M
- 0.33%
- YTD
- 3.37%
- 6M
- 3.35%
- 1Y
- 13.56%
- 3Y*
- 10.07%
- 5Y*
- —
- 10Y*
- —
ESIT.DE
- 1D
- -2.19%
- 1M
- 1.77%
- YTD
- 42.77%
- 6M
- 44.48%
- 1Y
- 55.08%
- 3Y*
- 23.23%
- 5Y*
- 12.86%
- 10Y*
- —
XNNV.DE vs. ESIT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XNNV.DE Xtrackers MSCI Innovation UCITS ETF 1C | 3.37% | -1.80% | 21.37% | 34.06% | -11.60% |
ESIT.DE iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) | 42.77% | 10.04% | 7.42% | 34.97% | -0.19% |
Correlation
The correlation between XNNV.DE and ESIT.DE is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2022 | 0.71 |
The correlation between XNNV.DE and ESIT.DE has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.
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Return for Risk
XNNV.DE vs. ESIT.DE — Risk / Return Rank
XNNV.DE
ESIT.DE
XNNV.DE vs. ESIT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) and iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.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.
| XNNV.DE | ESIT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 4.24 | -3.34 |
| Martin ratioReturn relative to average drawdown | 2.50 | 11.29 | -8.78 |
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Drawdowns
XNNV.DE vs. ESIT.DE - Drawdown Comparison
The maximum XNNV.DE drawdown since its inception was -28.74%, smaller than the maximum ESIT.DE drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for XNNV.DE and ESIT.DE.
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Drawdown Indicators
| XNNV.DE | ESIT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.74% | -38.29% | +9.55% |
Max Drawdown (1Y)Largest decline over 1 year | -15.02% | -12.92% | -2.10% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -27.07% | -1.67% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.29% | — |
Current DrawdownCurrent decline from peak | -4.23% | -6.44% | +2.21% |
Average DrawdownAverage peak-to-trough decline | -7.36% | -11.91% | +4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.43% | 4.87% | +0.56% |
Volatility
XNNV.DE vs. ESIT.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) is 5.14%, while iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) has a volatility of 9.80%. This indicates that XNNV.DE experiences smaller price fluctuations and is considered to be less risky than ESIT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNNV.DE | ESIT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.14% | 9.80% | -4.66% |
Volatility (6M)Calculated over the trailing 6-month period | 11.28% | 22.24% | -10.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.33% | 26.66% | -11.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.16% | 25.96% | -5.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.16% | 25.39% | -5.23% |
XNNV.DE vs. ESIT.DE - Expense Ratio Comparison
XNNV.DE has a 0.30% expense ratio, which is higher than ESIT.DE's 0.18% expense ratio.
Dividends
XNNV.DE vs. ESIT.DE - Dividend Comparison
Neither XNNV.DE nor ESIT.DE has paid dividends to shareholders.
Frequently Asked Questions
XNNV.DE and ESIT.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIT.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIT.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for XNNV.DE.
XNNV.DE tracks MSCI ACWI IMI Innovation Select ESG Screened 200, while ESIT.DE tracks MSCI World/Information Tech NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.30% for XNNV.DE and 0.18% for ESIT.DE.
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