XS5E.DE vs. B500.DE
XS5E.DE (Xtrackers S&P 500 Swap UCITS ETF EUR Hedged (Acc)) and B500.DE (Amundi S&P 500 Buyback ETF) are both S&P 500 funds - XS5E.DE tracks the S&P 500 Index (EUR Hedged) while B500.DE tracks the S&P 500 Buyback NTR. Both are passively managed. Over the past 3 years, XS5E.DE returned 17.82%/yr vs 14.36%/yr for B500.DE. A 0.68 correlation means they provide meaningful diversification when combined. XS5E.DE charges 0.20%/yr vs 0.15%/yr for B500.DE.
Performance
XS5E.DE vs. B500.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XS5E.DE achieves a 7.75% return, which is significantly lower than B500.DE's 10.41% return.
XS5E.DE
- 1D
- 0.18%
- 1M
- -0.99%
- 6M
- 8.38%
- YTD
- 7.75%
- 1Y
- 17.67%
- 3Y*
- 17.82%
- 5Y*
- —
- 10Y*
- —
B500.DE
- 1D
- 0.26%
- 1M
- 2.22%
- 6M
- 11.09%
- YTD
- 10.41%
- 1Y
- 18.48%
- 3Y*
- 14.36%
- 5Y*
- 10.66%
- 10Y*
- 13.05%
XS5E.DE vs. B500.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XS5E.DE Xtrackers S&P 500 Swap UCITS ETF EUR Hedged (Acc) | 7.75% | 15.25% | 23.26% | 23.58% | -21.91% | 9.25% |
B500.DE Amundi S&P 500 Buyback ETF | 10.41% | 4.76% | 20.85% | 12.10% | -7.18% | 12.51% |
Correlation
The correlation between XS5E.DE and B500.DE is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2021 | 0.68 |
The correlation between XS5E.DE and B500.DE shifts across timeframes, from 0.52 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XS5E.DE vs. B500.DE — Risk / Return Rank
XS5E.DE
B500.DE
XS5E.DE vs. B500.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Swap UCITS ETF EUR Hedged (Acc) (XS5E.DE) and Amundi S&P 500 Buyback ETF (B500.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.
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.
| XS5E.DE | B500.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 3.87 | -1.84 |
| Martin ratioReturn relative to average drawdown | 8.14 | 10.08 | -1.94 |
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Drawdowns
XS5E.DE vs. B500.DE - Drawdown Comparison
The maximum XS5E.DE drawdown since its inception was -26.08%, smaller than the maximum B500.DE drawdown of -42.49%. Use the drawdown chart below to compare losses from any high point for XS5E.DE and B500.DE.
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Drawdown Indicators
| XS5E.DE | B500.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.08% | -42.49% | +16.41% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -4.75% | -3.88% |
Max Drawdown (3Y)Largest decline over 3 years | -18.49% | -23.66% | +5.17% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.49% | — |
Current DrawdownCurrent decline from peak | -1.61% | -0.59% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -7.10% | -6.17% | -0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 1.83% | +0.34% |
Volatility
XS5E.DE vs. B500.DE - Volatility Comparison
Xtrackers S&P 500 Swap UCITS ETF EUR Hedged (Acc) (XS5E.DE) has a higher volatility of 4.03% compared to Amundi S&P 500 Buyback ETF (B500.DE) at 3.36%. This indicates that XS5E.DE's price experiences larger fluctuations and is considered to be riskier than B500.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XS5E.DE | B500.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 3.36% | +0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | 8.00% | +1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.08% | 12.38% | -0.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.24% | 16.21% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 18.91% | -2.67% |
XS5E.DE vs. B500.DE - Expense Ratio Comparison
XS5E.DE has a 0.20% expense ratio, which is higher than B500.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XS5E.DE vs. B500.DE - Dividend Comparison
Neither XS5E.DE nor B500.DE has paid dividends to shareholders.
Frequently Asked Questions
XS5E.DE and B500.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, B500.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
B500.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for XS5E.DE.
XS5E.DE tracks S&P 500 Index (EUR Hedged), while B500.DE tracks S&P 500 Buyback NTR. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.20% for XS5E.DE and 0.15% for B500.DE.
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