XNZN.DE vs. CN1G.DE
Compare and contrast key facts about Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZN.DE) and Amundi MSCI Nordic UCITS ETF EUR (C) (CN1G.DE).
XNZN.DE and CN1G.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNZN.DE is a passively managed fund by DWS that tracks the performance of the MSCI Nordic Countries NR EUR. It was launched on Apr 12, 2023. CN1G.DE is a passively managed fund by Amundi that tracks the performance of the MSCI Nordic Countries. It was launched on Mar 22, 2018. Both XNZN.DE and CN1G.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XNZN.DE or CN1G.DE.
Key characteristics
| XNZN.DE | CN1G.DE | |
|---|---|---|
| YTD Return | 6.02% | 3.13% |
| 1Y Return | 18.83% | 11.85% |
| Sharpe Ratio | 1.28 | 0.76 |
| Sortino Ratio | 1.86 | 1.14 |
| Omega Ratio | 1.23 | 1.14 |
| Calmar Ratio | 2.09 | 0.94 |
| Martin Ratio | 6.37 | 2.59 |
| Ulcer Index | 2.79% | 3.99% |
| Daily Std Dev | 14.39% | 13.78% |
| Max Drawdown | -13.52% | -32.36% |
| Current Drawdown | -8.40% | -10.74% |
Correlation
The correlation between XNZN.DE and CN1G.DE is 0.88, 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.
Performance
XNZN.DE vs. CN1G.DE - Performance Comparison
In the year-to-date period, XNZN.DE achieves a 6.02% return, which is significantly higher than CN1G.DE's 3.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XNZN.DE vs. CN1G.DE - Expense Ratio Comparison
XNZN.DE has a 0.15% expense ratio, which is lower than CN1G.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%.
Risk-Adjusted Performance
XNZN.DE vs. CN1G.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZN.DE) and Amundi MSCI Nordic UCITS ETF EUR (C) (CN1G.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.
Dividends
XNZN.DE vs. CN1G.DE - Dividend Comparison
Neither XNZN.DE nor CN1G.DE has paid dividends to shareholders.
Drawdowns
XNZN.DE vs. CN1G.DE - Drawdown Comparison
The maximum XNZN.DE drawdown since its inception was -13.52%, smaller than the maximum CN1G.DE drawdown of -32.36%. Use the drawdown chart below to compare losses from any high point for XNZN.DE and CN1G.DE. For additional features, visit the drawdowns tool.
Volatility
XNZN.DE vs. CN1G.DE - Volatility Comparison
Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZN.DE) and Amundi MSCI Nordic UCITS ETF EUR (C) (CN1G.DE) have volatilities of 4.84% and 4.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.