XSX6.DE vs. MVEE.DE
XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) and MVEE.DE (iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc)) are both Europe Equities funds - XSX6.DE tracks the STOXX® Europe 600 while MVEE.DE tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 5 years, XSX6.DE returned 9.82%/yr vs 6.17%/yr for MVEE.DE. Their correlation of 0.88 suggests significant overlap in exposure. XSX6.DE charges 0.20%/yr vs 0.25%/yr for MVEE.DE.
Performance
XSX6.DE vs. MVEE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XSX6.DE achieves a 9.29% return, which is significantly higher than MVEE.DE's 8.14% 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%
MVEE.DE
- 1D
- 0.92%
- 1M
- 1.27%
- YTD
- 8.14%
- 6M
- 8.67%
- 1Y
- 11.72%
- 3Y*
- 10.33%
- 5Y*
- 6.17%
- 10Y*
- —
XSX6.DE vs. MVEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 9.29% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | 25.65% |
MVEE.DE iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) | 8.14% | 8.71% | 8.75% | 12.46% | -15.04% | 23.79% | 13.95% |
Correlation
The correlation between XSX6.DE and MVEE.DE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2020 | 0.88 |
Over the past year, the correlation between XSX6.DE and MVEE.DE has dropped to 0.65 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSX6.DE vs. MVEE.DE — Risk / Return Rank
XSX6.DE
MVEE.DE
XSX6.DE vs. MVEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) and iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.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.
| XSX6.DE | MVEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 1.58 | +0.71 |
| Martin ratioReturn relative to average drawdown | 8.87 | 5.45 | +3.42 |
Loading charts...
Drawdowns
XSX6.DE vs. MVEE.DE - Drawdown Comparison
The maximum XSX6.DE drawdown since its inception was -36.06%, which is greater than MVEE.DE's maximum drawdown of -20.19%. Use the drawdown chart below to compare losses from any high point for XSX6.DE and MVEE.DE.
Loading charts...
Drawdown Indicators
| XSX6.DE | MVEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.06% | -20.19% | -15.87% |
Max Drawdown (1Y)Largest decline over 1 year | -9.46% | -7.40% | -2.06% |
Max Drawdown (3Y)Largest decline over 3 years | -16.37% | -12.19% | -4.18% |
Max Drawdown (5Y)Largest decline over 5 years | -20.84% | -20.19% | -0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -36.06% | — | — |
Current DrawdownCurrent decline from peak | -0.67% | 0.00% | -0.67% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -4.50% | -0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 2.15% | +0.30% |
Volatility
XSX6.DE vs. MVEE.DE - Volatility Comparison
Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) has a higher volatility of 2.78% compared to iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) at 2.19%. This indicates that XSX6.DE's price experiences larger fluctuations and is considered to be riskier than MVEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSX6.DE | MVEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 2.19% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 8.16% | +2.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.98% | 9.93% | +3.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 12.08% | +2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.32% | 12.47% | +2.85% |
XSX6.DE vs. MVEE.DE - Expense Ratio Comparison
XSX6.DE has a 0.20% expense ratio, which is lower than MVEE.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%.
Dividends
XSX6.DE vs. MVEE.DE - Dividend Comparison
Neither XSX6.DE nor MVEE.DE has paid dividends to shareholders.
Frequently Asked Questions
XSX6.DE and MVEE.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSX6.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSX6.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for MVEE.DE.
XSX6.DE tracks STOXX® Europe 600, while MVEE.DE tracks MSCI Europe NR EUR. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for XSX6.DE and 0.25% for MVEE.DE.
Find the right allocation for XSX6.DE and MVEE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer