XOEX vs. EBI

Last updated Jun 24, 2026

XOEX (Xtrackers S&P 100 Ex Top 20 ETF) and EBI (Longview Advantage ETF) are both Large Cap Blend Equities funds. XOEX is passively managed, while EBI is actively managed. Over the past year, XOEX returned 25.84% vs 30.46% for EBI. Their correlation of 0.89 suggests significant overlap in exposure. XOEX charges 0.15%/yr vs 0.24%/yr for EBI.

Performance

XOEX vs. EBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 100 Ex Top 20 ETF (XOEX) and Longview Advantage ETF (EBI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XOEX achieves a 9.48% return, which is significantly lower than EBI's 13.70% return.

XOEX

• 1D: -0.62%
• 1M: 0.90%
• YTD: 9.48%
• 6M: 8.67%
• 1Y: 25.84%
• 3Y*: 17.92%
• 5Y*: —
• 10Y*: —

EBI

• 1D: -0.96%
• 1M: 0.90%
• YTD: 13.70%
• 6M: 12.56%
• 1Y: 30.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XOEX vs. EBI - Yearly Performance Comparison

	2026 (YTD)	2025
XOEX Xtrackers S&P 100 Ex Top 20 ETF	9.48%	13.43%
EBI Longview Advantage ETF	13.70%	15.82%

Correlation

The correlation between XOEX and EBI is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.89

The correlation between XOEX and EBI has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

Return for Risk

XOEX vs. EBI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XOEX

XOEX Risk / Return Rank: 78
XOEX Sharpe Ratio Rank: 79
XOEX Sortino Ratio Rank: 82
XOEX Omega Ratio Rank: 77
XOEX Calmar Ratio Rank: 76
XOEX Martin Ratio Rank: 79

EBI

EBI Risk / Return Rank: 84
EBI Sharpe Ratio Rank: 84
EBI Sortino Ratio Rank: 84
EBI Omega Ratio Rank: 81
EBI Calmar Ratio Rank: 85
EBI Martin Ratio Rank: 88

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.

XOEX vs. EBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 100 Ex Top 20 ETF (XOEX) and Longview Advantage ETF (EBI). 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.

	XOEX	EBI	Difference
Sharpe ratio: Return per unit of total volatility	2.30	2.46	-0.15
Sortino ratio: Return per unit of downside risk	3.29	3.37	-0.08
Omega ratio: Gain probability vs. loss probability	1.41	1.43	-0.02
Calmar ratio: Return relative to maximum drawdown	3.55	4.32	-0.77
Martin ratio: Return relative to average drawdown	13.97	17.50	-3.53

XOEX vs. EBI - Sharpe Ratio Comparison

The current XOEX Sharpe Ratio is 2.30, which is comparable to the EBI Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of XOEX and EBI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XOEX vs. EBI - Drawdown Comparison

The maximum XOEX drawdown since its inception was -14.68%, smaller than the maximum EBI drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for XOEX and EBI.

Drawdown Indicators

	XOEX	EBI	Difference
Max Drawdown Largest peak-to-trough decline	-14.68%	-17.05%	+2.37%
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	-7.09%	-0.22%
Max Drawdown (3Y) Largest decline over 3 years	-14.68%	—	—
Current Drawdown Current decline from peak	-1.52%	-1.43%	-0.09%
Average Drawdown Average peak-to-trough decline	-2.62%	-2.03%	-0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	1.75%	+0.10%

Volatility

XOEX vs. EBI - Volatility Comparison

Xtrackers S&P 100 Ex Top 20 ETF (XOEX) and Longview Advantage ETF (EBI) have volatilities of 4.07% and 4.03%, 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.

Volatility by Period

	XOEX	EBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	4.03%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	8.88%	9.27%	-0.39%
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	12.49%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.45%	17.88%	-4.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.45%	17.88%	-4.43%

XOEX vs. EBI - Expense Ratio Comparison

XOEX has a 0.15% expense ratio, which is lower than EBI's 0.24% 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

XOEX vs. EBI - Dividend Comparison

XOEX's dividend yield for the trailing twelve months is around 1.48%, more than EBI's 0.92% yield.

Position	TTM	2025	2024	2023	2022
EBI Longview Advantage ETF	0.92%	1.05%	0.00%	0.00%	0.00%
XOEX Xtrackers S&P 100 Ex Top 20 ETF	1.48%	1.95%	2.09%	1.72%	0.42%

Frequently Asked Questions

Can I hold both XOEX and EBI in my portfolio?

XOEX and EBI have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XOEX or EBI?

XOEX has higher volatility (4.07%) compared to EBI (4.03%). In terms of maximum drawdown, XOEX dropped -14.68% vs EBI's -17.05%.

Which ETF is better, XOEX or EBI?

On 1-year performance, EBI leads with 30.46% vs 25.84% for XOEX. On fees, XOEX is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XOEX or EBI?

Over the 1-year period, EBI has performed better with a 30.46% return vs 25.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XOEX or EBI?

XOEX is cheaper with a 0.15% expense ratio, compared with 0.24% for EBI.

Which ETF pays a higher dividend yield, XOEX or EBI?

XOEX has the higher dividend yield at 1.48%, compared with 0.92% for EBI.

What is the main difference between XOEX and EBI?

They also come from different issuers: Xtrackers and Longview. Their fees differ too: 0.15% for XOEX and 0.24% for EBI.

Which has better risk-adjusted returns?

EBI currently has the higher Sharpe Ratio (2.46 vs 2.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.