XSX7.DE vs. XESP.DE
XSX7.DE (Xtrackers Stoxx Europe 600 UCITS ETF) and XESP.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds from Xtrackers - XSX7.DE tracks the STOXX® Europe 600 while XESP.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 3 years, XSX7.DE returned 15.57%/yr vs 31.64%/yr for XESP.DE. A 0.76 correlation means they provide meaningful diversification when combined. XSX7.DE charges 0.07%/yr vs 0.30%/yr for XESP.DE.
Performance
XSX7.DE vs. XESP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XSX7.DE achieves a 10.21% return, which is significantly lower than XESP.DE's 14.35% return.
XSX7.DE
- 1D
- 0.00%
- 1M
- 2.13%
- YTD
- 10.21%
- 6M
- 10.96%
- 1Y
- 22.44%
- 3Y*
- 15.57%
- 5Y*
- —
- 10Y*
- —
XESP.DE
- 1D
- -0.45%
- 1M
- 6.12%
- YTD
- 14.35%
- 6M
- 15.38%
- 1Y
- 47.18%
- 3Y*
- 31.64%
- 5Y*
- 20.27%
- 10Y*
- 13.68%
XSX7.DE vs. XESP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XSX7.DE Xtrackers Stoxx Europe 600 UCITS ETF | 10.21% | 21.04% | 8.43% | 6.86% |
XESP.DE Xtrackers Spanish Equity UCITS ETF | 14.35% | 58.64% | 14.63% | 10.91% |
Correlation
The correlation between XSX7.DE and XESP.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2023 | 0.76 |
The correlation between XSX7.DE and XESP.DE has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
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Return for Risk
XSX7.DE vs. XESP.DE — Risk / Return Rank
XSX7.DE
XESP.DE
XSX7.DE vs. XESP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Stoxx Europe 600 UCITS ETF (XSX7.DE) and Xtrackers Spanish Equity UCITS ETF (XESP.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.
| XSX7.DE | XESP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.49 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.40 | 4.62 | -2.22 |
| Martin ratioReturn relative to average drawdown | 9.27 | 16.41 | -7.14 |
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Drawdowns
XSX7.DE vs. XESP.DE - Drawdown Comparison
The maximum XSX7.DE drawdown since its inception was -16.32%, smaller than the maximum XESP.DE drawdown of -40.70%. Use the drawdown chart below to compare losses from any high point for XSX7.DE and XESP.DE.
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Drawdown Indicators
| XSX7.DE | XESP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.32% | -40.70% | +24.38% |
Max Drawdown (1Y)Largest decline over 1 year | -9.32% | -10.17% | +0.85% |
Max Drawdown (3Y)Largest decline over 3 years | -16.32% | -12.92% | -3.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.03% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.54% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -1.97% | -10.06% | +8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.41% | 2.87% | -0.46% |
Volatility
XSX7.DE vs. XESP.DE - Volatility Comparison
The current volatility for Xtrackers Stoxx Europe 600 UCITS ETF (XSX7.DE) is 2.80%, while Xtrackers Spanish Equity UCITS ETF (XESP.DE) has a volatility of 4.24%. This indicates that XSX7.DE experiences smaller price fluctuations and is considered to be less risky than XESP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSX7.DE | XESP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.80% | 4.24% | -1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 14.45% | -3.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.65% | 16.90% | -4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.95% | 16.73% | -3.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.95% | 18.43% | -5.48% |
XSX7.DE vs. XESP.DE - Expense Ratio Comparison
XSX7.DE has a 0.07% expense ratio, which is lower than XESP.DE's 0.30% expense ratio.
Dividends
XSX7.DE vs. XESP.DE - Dividend Comparison
XSX7.DE's dividend yield for the trailing twelve months is around 2.52%, while XESP.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
XESP.DE Xtrackers Spanish Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
XSX7.DE Xtrackers Stoxx Europe 600 UCITS ETF | 2.52% | 2.67% | 3.32% | 2.25% |
Frequently Asked Questions
XSX7.DE and XESP.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XSX7.DE is cheaper with a 0.07% expense ratio, compared with 0.30% for XESP.DE.
XSX7.DE tracks STOXX® Europe 600, while XESP.DE tracks Solactive Spain 40. Their fees differ too: 0.07% for XSX7.DE and 0.30% for XESP.DE.
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