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XNNV.DE vs. VUSA.AS
Performance
Return for Risk
Dividends
Drawdowns
Volatility

XNNV.DE vs. VUSA.AS

Last updated Apr 3, 2026

Compare and contrast key facts about Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) and Vanguard S&P 500 UCITS ETF (VUSA.AS).

XNNV.DE and VUSA.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNNV.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI IMI Innovation Select ESG Screened 200. It was launched on Jul 12, 2022. VUSA.AS is a passively managed fund by Vanguard that tracks the performance of the S&P 500. It was launched on May 14, 2019. Both XNNV.DE and VUSA.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XNNV.DE vs. VUSA.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) and Vanguard S&P 500 UCITS ETF (VUSA.AS). The values are adjusted to include any dividend payments, if applicable.

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XNNV.DE vs. VUSA.AS - Yearly Performance Comparison

2026 (YTD)2025202420232022
XNNV.DE
Xtrackers MSCI Innovation UCITS ETF 1C		-9.22%2.05%29.19%29.66%-13.17%
VUSA.AS
Vanguard S&P 500 UCITS ETF		-2.64%3.90%33.86%22.12%-5.90%

Returns By Period

In the year-to-date period, XNNV.DE achieves a -9.22% return, which is significantly lower than VUSA.AS's -2.64% return.

XNNV.DE

1D
1.95%
1M
-2.01%
YTD
-9.22%
6M
-9.08%
1Y
1.53%
3Y*
10.80%
5Y*
—
10Y*
—

VUSA.AS

1D
0.23%
1M
-2.59%
YTD
-2.64%
6M
-0.11%
1Y
10.36%
3Y*
15.99%
5Y*
12.15%
10Y*
13.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Xtrackers MSCI Innovation UCITS ETF 1C

Vanguard S&P 500 UCITS ETF

Often compared with XNNV.DE:
XNNV.DE vs. XNGI.DEXNNV.DE vs. XFNT.DEXNNV.DE vs. SXR8.DEXNNV.DE vs. XAIXXNNV.DE vs. GLDXNNV.DE vs. KROP.DEXNNV.DE vs. DIGI.DE
Often compared with VUSA.AS:
VUSA.AS vs. VUAA.LVUSA.AS vs. VUAG.LVUSA.AS vs. VWRL.ASVUSA.AS vs. VHYL.ASVUSA.AS vs. VOOVUSA.AS vs. IUSA.DEVUSA.AS vs. VEVE.AS

XNNV.DE vs. VUSA.AS - Expense Ratio Comparison

XNNV.DE has a 0.30% expense ratio, which is higher than VUSA.AS's 0.07% expense ratio.

XNNV.DE
Xtrackers MSCI Innovation UCITS ETF 1C
VUSA.AS
Vanguard S&P 500 UCITS ETF

Return for Risk

XNNV.DE vs. VUSA.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XNNV.DE
XNNV.DE Risk / Return Rank: 1515
Overall Rank
XNNV.DE Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
XNNV.DE Sortino Ratio Rank: 1313
Sortino Ratio Rank
XNNV.DE Omega Ratio Rank: 1313
Omega Ratio Rank
XNNV.DE Calmar Ratio Rank: 1919
Calmar Ratio Rank
XNNV.DE Martin Ratio Rank: 1919
Martin Ratio Rank
VUSA.AS
VUSA.AS Risk / Return Rank: 5353
Overall Rank
VUSA.AS Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
VUSA.AS Sortino Ratio Rank: 2828
Sortino Ratio Rank
VUSA.AS Omega Ratio Rank: 3030
Omega Ratio Rank
VUSA.AS Calmar Ratio Rank: 9191
Calmar Ratio Rank
VUSA.AS Martin Ratio Rank: 8888
Martin Ratio Rank
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.

XNNV.DE vs. VUSA.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) and Vanguard S&P 500 UCITS ETF (VUSA.AS). 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.

XNNV.DEVUSA.ASDifference

Sharpe ratio

Return per unit of total volatility

0.08

0.60

-0.52

Sortino ratio

Return per unit of downside risk

0.24

0.91

-0.67

Omega ratio

Gain probability vs. loss probability

1.03

1.14

-0.11

Calmar ratio

Return relative to maximum drawdown

0.48

3.59

-3.11

Martin ratio

Return relative to average drawdown

1.47

12.24

-10.76

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XNNV.DE vs. VUSA.AS - Sharpe Ratio Comparison

The current XNNV.DE Sharpe Ratio is 0.08, which is lower than the VUSA.AS Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of XNNV.DE and VUSA.AS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

XNNV.DEVUSA.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.08

0.60

-0.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.79

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.84

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.87

-0.41

Correlation

The correlation between XNNV.DE and VUSA.AS is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XNNV.DE vs. VUSA.AS - Dividend Comparison

XNNV.DE has not paid dividends to shareholders, while VUSA.AS's dividend yield for the trailing twelve months is around 0.99%.

TTM20252024202320222021202020192018201720162015
XNNV.DE
Xtrackers MSCI Innovation UCITS ETF 1C		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VUSA.AS
Vanguard S&P 500 UCITS ETF		0.99%0.97%0.99%1.26%1.45%1.02%1.43%1.46%1.74%1.64%1.66%1.76%

Drawdowns

XNNV.DE vs. VUSA.AS - Drawdown Comparison

The maximum XNNV.DE drawdown since its inception was -25.90%, smaller than the maximum VUSA.AS drawdown of -33.64%. Use the drawdown chart below to compare losses from any high point for XNNV.DE and VUSA.AS.

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Drawdown Indicators

XNNV.DEVUSA.ASDifference

Max Drawdown

Largest peak-to-trough decline

-25.90%

-33.64%

+7.74%

Max Drawdown (1Y)

Largest decline over 1 year

-15.02%

-8.46%

-6.56%

Max Drawdown (5Y)

Largest decline over 5 years

—

-23.24%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.64%

—

Current Drawdown

Current decline from peak

-12.54%

-5.02%

-7.52%

Average Drawdown

Average peak-to-trough decline

-6.71%

-4.11%

-2.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.88%

2.09%

+2.79%

Volatility

XNNV.DE vs. VUSA.AS - Volatility Comparison

Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) has a higher volatility of 4.85% compared to Vanguard S&P 500 UCITS ETF (VUSA.AS) at 3.54%. This indicates that XNNV.DE's price experiences larger fluctuations and is considered to be riskier than VUSA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XNNV.DEVUSA.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.85%

3.54%

+1.31%

Volatility (6M)

Calculated over the trailing 6-month period

11.04%

8.49%

+2.55%

Volatility (1Y)

Calculated over the trailing 1-year period

19.02%

16.97%

+2.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.18%

15.13%

+3.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.18%

16.05%

+2.13%