XNZE.DE vs. XDEB.DE
XNZE.DE (Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C) and XDEB.DE (Xtrackers MSCI World Minimum Volatility UCITS ETF 1C) are both exchange-traded funds - XNZE.DE is a Europe Equities fund tracking the MSCI EMU NR EUR, while XDEB.DE is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 3 years, XNZE.DE returned 11.48%/yr vs 6.45%/yr for XDEB.DE. At a 0.36 correlation, their price movements are largely independent. XNZE.DE charges 0.15%/yr vs 0.25%/yr for XDEB.DE.
Performance
XNZE.DE vs. XDEB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNZE.DE achieves a 9.92% return, which is significantly higher than XDEB.DE's 1.74% return.
XNZE.DE
- 1D
- 0.62%
- 1M
- 4.62%
- YTD
- 9.92%
- 6M
- 10.75%
- 1Y
- 14.11%
- 3Y*
- 11.48%
- 5Y*
- —
- 10Y*
- —
XDEB.DE
- 1D
- -0.04%
- 1M
- 1.84%
- YTD
- 1.74%
- 6M
- 1.64%
- 1Y
- 0.46%
- 3Y*
- 6.45%
- 5Y*
- 6.21%
- 10Y*
- 6.88%
XNZE.DE vs. XDEB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XNZE.DE Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C | 9.92% | 13.33% | 5.47% | 20.66% | -1.63% |
XDEB.DE Xtrackers MSCI World Minimum Volatility UCITS ETF 1C | 1.74% | -1.27% | 17.83% | 3.66% | 0.36% |
Correlation
The correlation between XNZE.DE and XDEB.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2022 | 0.36 |
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Return for Risk
XNZE.DE vs. XDEB.DE — Risk / Return Rank
XNZE.DE
XDEB.DE
XNZE.DE vs. XDEB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZE.DE) and Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.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.
| XNZE.DE | XDEB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.00 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | -0.02 | +1.26 |
| Martin ratioReturn relative to average drawdown | 4.26 | -0.03 | +4.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XNZE.DE | XDEB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | -0.01 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.70 | -0.05 |
Drawdowns
XNZE.DE vs. XDEB.DE - Drawdown Comparison
The maximum XNZE.DE drawdown since its inception was -18.68%, smaller than the maximum XDEB.DE drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for XNZE.DE and XDEB.DE.
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Drawdown Indicators
| XNZE.DE | XDEB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.68% | -28.57% | +9.89% |
Max Drawdown (1Y)Largest decline over 1 year | -11.49% | -5.31% | -6.18% |
Max Drawdown (3Y)Largest decline over 3 years | -17.36% | -13.02% | -4.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.57% | — |
Current DrawdownCurrent decline from peak | -0.34% | -6.53% | +6.19% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -5.03% | +0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.37% | 2.37% | +1.00% |
Volatility
XNZE.DE vs. XDEB.DE - Volatility Comparison
Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZE.DE) has a higher volatility of 5.15% compared to Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.DE) at 2.63%. This indicates that XNZE.DE's price experiences larger fluctuations and is considered to be riskier than XDEB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNZE.DE | XDEB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 2.63% | +2.52% |
Volatility (6M)Calculated over the trailing 6-month period | 12.62% | 5.56% | +7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.33% | 7.86% | +7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.84% | 10.16% | +6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 12.03% | +4.81% |
XNZE.DE vs. XDEB.DE - Expense Ratio Comparison
XNZE.DE has a 0.15% expense ratio, which is lower than XDEB.DE's 0.25% 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
XNZE.DE vs. XDEB.DE - Dividend Comparison
Neither XNZE.DE nor XDEB.DE has paid dividends to shareholders.
Frequently Asked Questions
XNZE.DE and XDEB.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNZE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNZE.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for XDEB.DE.
XNZE.DE is categorized as Europe Equities, while XDEB.DE is Global Equities. XNZE.DE tracks MSCI EMU NR EUR, while XDEB.DE tracks MSCI ACWI NR USD. Their fees differ too: 0.15% for XNZE.DE and 0.25% for XDEB.DE.
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