XSX7.DE vs. HDLV.L

Last updated Jun 5, 2026

XSX7.DE (Xtrackers Stoxx Europe 600 UCITS ETF) and HDLV.L (Invesco S&P 500 High Dividend Low Volatility UCITS ETF Dist) are both exchange-traded funds - XSX7.DE is a Europe Equities fund tracking the STOXX® Europe 600, while HDLV.L is a S&P 500 fund tracking the S&P 500 Low Volatility High Dividend Index. Both are passively managed. Over the past 3 years, XSX7.DE returned 14.05%/yr vs 8.99%/yr for HDLV.L. At a 0.35 correlation, their price movements are largely independent. XSX7.DE charges 0.07%/yr vs 0.30%/yr for HDLV.L.

Performance

XSX7.DE vs. HDLV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Stoxx Europe 600 UCITS ETF (XSX7.DE) and Invesco S&P 500 High Dividend Low Volatility UCITS ETF Dist (HDLV.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XSX7.DE is traded in EUR, while HDLV.L is traded in USD. To make them comparable, the HDLV.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XSX7.DE achieves a 7.42% return, which is significantly lower than HDLV.L's 10.47% return.

XSX7.DE

• 1D: 0.51%
• 1M: 2.53%
• YTD: 7.42%
• 6M: 10.07%
• 1Y: 16.78%
• 3Y*: 14.05%
• 5Y*: —
• 10Y*: —

HDLV.L

• 1D: 0.87%
• 1M: 6.25%
• YTD: 10.47%
• 6M: 10.62%
• 1Y: 12.78%
• 3Y*: 8.99%
• 5Y*: 6.82%
• 10Y*: 6.68%

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

XSX7.DE vs. HDLV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XSX7.DE Xtrackers Stoxx Europe 600 UCITS ETF	7.42%	21.04%	8.43%	10.34%
HDLV.L Invesco S&P 500 High Dividend Low Volatility UCITS ETF Dist	10.47%	-8.72%	24.07%	4.08%

Correlation

The correlation between XSX7.DE and HDLV.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (All Time) Calculated using the full available price history since Mar 17, 2023	0.35

Return for Risk

XSX7.DE vs. HDLV.L — Risk / Return Rank

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

XSX7.DE

XSX7.DE Risk / Return Rank: 38
XSX7.DE Sharpe Ratio Rank: 37
XSX7.DE Sortino Ratio Rank: 37
XSX7.DE Omega Ratio Rank: 38
XSX7.DE Calmar Ratio Rank: 36
XSX7.DE Martin Ratio Rank: 42

HDLV.L

HDLV.L Risk / Return Rank: 35
HDLV.L Sharpe Ratio Rank: 37
HDLV.L Sortino Ratio Rank: 37
HDLV.L Omega Ratio Rank: 33
HDLV.L Calmar Ratio Rank: 39
HDLV.L Martin Ratio Rank: 31

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.

XSX7.DE vs. HDLV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Stoxx Europe 600 UCITS ETF (XSX7.DE) and Invesco S&P 500 High Dividend Low Volatility UCITS ETF Dist (HDLV.L). 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.

	XSX7.DE	HDLV.L	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.10	+0.18
Sortino ratio: Return per unit of downside risk	1.89	1.62	+0.27
Omega ratio: Gain probability vs. loss probability	1.24	1.19	+0.06
Calmar ratio: Return relative to maximum drawdown	1.74	1.98	-0.24
Martin ratio: Return relative to average drawdown	6.53	4.99	+1.54

XSX7.DE vs. HDLV.L - Sharpe Ratio Comparison

The current XSX7.DE Sharpe Ratio is 1.28, which is comparable to the HDLV.L Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of XSX7.DE and HDLV.L, 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

XSX7.DE vs. HDLV.L - Drawdown Comparison

The maximum XSX7.DE drawdown since its inception was -16.32%, smaller than the maximum HDLV.L drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for XSX7.DE and HDLV.L.

Drawdown Indicators

	XSX7.DE	HDLV.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.32%	-39.32%	+23.00%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	-6.42%	-2.90%
Max Drawdown (3Y) Largest decline over 3 years	-16.32%	-18.44%	+2.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.32%	—
Current Drawdown Current decline from peak	-1.65%	-4.20%	+2.55%
Average Drawdown Average peak-to-trough decline	-1.96%	-7.71%	+5.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	2.55%	-0.06%

Volatility

XSX7.DE vs. HDLV.L - Volatility Comparison

Xtrackers Stoxx Europe 600 UCITS ETF (XSX7.DE) has a higher volatility of 4.24% compared to Invesco S&P 500 High Dividend Low Volatility UCITS ETF Dist (HDLV.L) at 4.03%. This indicates that XSX7.DE's price experiences larger fluctuations and is considered to be riskier than HDLV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSX7.DE	HDLV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	4.03%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	10.41%	8.70%	+1.71%
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	11.59%	+1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.84%	14.20%	-1.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.84%	16.61%	-3.77%

XSX7.DE vs. HDLV.L - Expense Ratio Comparison

XSX7.DE has a 0.07% expense ratio, which is lower than HDLV.L's 0.30% expense ratio.

Dividends

XSX7.DE vs. HDLV.L - Dividend Comparison

XSX7.DE's dividend yield for the trailing twelve months is around 2.59%, less than HDLV.L's 3.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDLV.L Invesco S&P 500 High Dividend Low Volatility UCITS ETF Dist	3.56%	3.91%	3.54%	4.04%	3.56%	3.37%	4.35%	3.69%	3.79%	3.07%	3.07%	1.89%
XSX7.DE Xtrackers Stoxx Europe 600 UCITS ETF	2.59%	2.67%	3.32%	2.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XSX7.DE and HDLV.L in my portfolio?

XSX7.DE and HDLV.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSX7.DE or HDLV.L?

On fees, XSX7.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSX7.DE or HDLV.L?

XSX7.DE is cheaper with a 0.07% expense ratio, compared with 0.30% for HDLV.L.

What is the main difference between XSX7.DE and HDLV.L?

XSX7.DE is categorized as Europe Equities, while HDLV.L is S&P 500. XSX7.DE tracks STOXX® Europe 600, while HDLV.L tracks S&P 500 Low Volatility High Dividend Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.07% for XSX7.DE and 0.30% for HDLV.L.