XNZN.DE vs. XDN0.DE
Compare and contrast key facts about Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZN.DE) and Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.DE).
XNZN.DE and XDN0.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. XDN0.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI Nordic Countries NR EUR. It was launched on Sep 4, 2013. Both XNZN.DE and XDN0.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 XDN0.DE.
Key characteristics
| XNZN.DE | XDN0.DE | |
|---|---|---|
| YTD Return | 6.02% | 3.25% |
| 1Y Return | 18.83% | 11.99% |
| Sharpe Ratio | 1.28 | 0.77 |
| Sortino Ratio | 1.86 | 1.16 |
| Omega Ratio | 1.23 | 1.14 |
| Calmar Ratio | 2.09 | 0.94 |
| Martin Ratio | 6.37 | 2.61 |
| Ulcer Index | 2.79% | 4.01% |
| Daily Std Dev | 14.39% | 13.72% |
| Max Drawdown | -13.52% | -32.67% |
| Current Drawdown | -8.40% | -11.11% |
Correlation
The correlation between XNZN.DE and XDN0.DE is 0.89, 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. XDN0.DE - Performance Comparison
In the year-to-date period, XNZN.DE achieves a 6.02% return, which is significantly higher than XDN0.DE's 3.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XNZN.DE vs. XDN0.DE - Expense Ratio Comparison
XNZN.DE has a 0.15% expense ratio, which is lower than XDN0.DE's 0.30% expense ratio.
Risk-Adjusted Performance
XNZN.DE vs. XDN0.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 Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.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. XDN0.DE - Dividend Comparison
XNZN.DE has not paid dividends to shareholders, while XDN0.DE's dividend yield for the trailing twelve months is around 2.64%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
XNZN.DE Xtrackers Nordic Net Zero Pathway Paris Aligned 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% |
XDN0.DE Xtrackers MSCI Nordic UCITS ETF 1D | 2.64% | 2.54% | 4.77% | 1.05% | 4.85% | 4.09% | 1.09% | 2.45% | 1.64% | 0.00% | 3.10% |
Drawdowns
XNZN.DE vs. XDN0.DE - Drawdown Comparison
The maximum XNZN.DE drawdown since its inception was -13.52%, smaller than the maximum XDN0.DE drawdown of -32.67%. Use the drawdown chart below to compare losses from any high point for XNZN.DE and XDN0.DE. For additional features, visit the drawdowns tool.
Volatility
XNZN.DE vs. XDN0.DE - Volatility Comparison
Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF 1C (XNZN.DE) has a higher volatility of 4.84% compared to Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.DE) at 4.54%. This indicates that XNZN.DE's price experiences larger fluctuations and is considered to be riskier than XDN0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.