XSX6.DE vs. ^NDX
XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) is Europe Equities fund tracking the STOXX® Europe 600, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, XSX6.DE returned 10.49%/yr vs 21.12%/yr for ^NDX. At a 0.41 correlation, their price movements are largely independent.
Performance
XSX6.DE vs. ^NDX - Performance Comparison
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Different Trading Currencies
XSX6.DE is traded in EUR, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XSX6.DE achieves a 9.29% return, which is significantly lower than ^NDX's 20.50% return. Over the past 10 years, XSX6.DE has underperformed ^NDX with an annualized return of 10.49%, while ^NDX has yielded a comparatively higher 21.12% annualized return.
XSX6.DE
- 1D
- 0.00%
- 1M
- 1.34%
- YTD
- 9.29%
- 6M
- 10.04%
- 1Y
- 21.74%
- 3Y*
- 15.19%
- 5Y*
- 9.82%
- 10Y*
- 10.49%
^NDX
- 1D
- 0.69%
- 1M
- 0.41%
- YTD
- 20.50%
- 6M
- 18.91%
- 1Y
- 35.77%
- 3Y*
- 24.35%
- 5Y*
- 16.60%
- 10Y*
- 21.12%
XSX6.DE vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 9.29% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | -1.83% | 28.68% | -11.34% | 10.91% |
^NDX NASDAQ 100 Index | 20.50% | 5.91% | 33.12% | 49.19% | -28.81% | 36.10% | 35.42% | 41.08% | 3.61% | 15.35% |
Correlation
The correlation between XSX6.DE and ^NDX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2009 | 0.41 |
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Return for Risk
XSX6.DE vs. ^NDX — Risk / Return Rank
XSX6.DE
^NDX
XSX6.DE vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) and NASDAQ 100 Index (^NDX). 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.
| XSX6.DE | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.36 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 3.21 | -0.93 |
| Martin ratioReturn relative to average drawdown | 8.87 | 9.85 | -0.98 |
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Drawdowns
XSX6.DE vs. ^NDX - Drawdown Comparison
The maximum XSX6.DE drawdown since its inception was -36.06%, smaller than the maximum ^NDX drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for XSX6.DE and ^NDX.
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Drawdown Indicators
| XSX6.DE | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.06% | -46.44% | +10.38% |
Max Drawdown (1Y)Largest decline over 1 year | -9.46% | -11.19% | +1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -16.37% | -27.30% | +10.93% |
Max Drawdown (5Y)Largest decline over 5 years | -20.84% | -31.53% | +10.69% |
Max Drawdown (10Y)Largest decline over 10 years | -36.06% | -31.53% | -4.53% |
Current DrawdownCurrent decline from peak | -0.67% | -2.48% | +1.81% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -8.00% | +2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 3.64% | -1.19% |
Volatility
XSX6.DE vs. ^NDX - Volatility Comparison
The current volatility for Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) is 2.78%, while NASDAQ 100 Index (^NDX) has a volatility of 8.19%. This indicates that XSX6.DE experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSX6.DE | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 8.19% | -5.41% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 13.52% | -2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.98% | 17.83% | -4.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 22.49% | -8.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.32% | 22.95% | -7.63% |
Frequently Asked Questions
XSX6.DE and ^NDX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for XSX6.DE and ^NDX
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