XSXE.DE vs. 18M2.DE
XSXE.DE (Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc)) and 18M2.DE (Amundi ETF MSCI EMU High Dividend UCITS ETF EUR) are both Europe Equities funds - XSXE.DE tracks the STOXX Europe 600 Index (EUR Hedged) while 18M2.DE tracks the MSCI EMU High Dividend Yield. Both are passively managed. Over the past 5 years, XSXE.DE returned 9.89%/yr vs 9.79%/yr for 18M2.DE. Their correlation of 0.86 suggests significant overlap in exposure. XSXE.DE charges 0.25%/yr vs 0.30%/yr for 18M2.DE.
Performance
XSXE.DE vs. 18M2.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with XSXE.DE having a 11.68% return and 18M2.DE slightly lower at 11.42%.
XSXE.DE
- 1D
- 0.64%
- 1M
- 5.20%
- 6M
- 10.95%
- YTD
- 11.68%
- 1Y
- 22.30%
- 3Y*
- 14.79%
- 5Y*
- 9.89%
- 10Y*
- —
18M2.DE
- 1D
- 0.38%
- 1M
- 4.70%
- 6M
- 10.56%
- YTD
- 11.42%
- 1Y
- 21.56%
- 3Y*
- 13.05%
- 5Y*
- 9.79%
- 10Y*
- 9.46%
XSXE.DE vs. 18M2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XSXE.DE Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) | 11.68% | 21.25% | 7.59% | 14.31% | -9.71% | 21.70% | -0.75% | 25.76% | -10.80% |
18M2.DE Amundi ETF MSCI EMU High Dividend UCITS ETF EUR | 11.42% | 21.49% | 3.36% | 16.14% | -6.47% | 16.02% | -6.39% | 24.91% | -7.40% |
Correlation
The correlation between XSXE.DE and 18M2.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2018 | 0.86 |
The correlation between XSXE.DE and 18M2.DE has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.
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Return for Risk
XSXE.DE vs. 18M2.DE — Risk / Return Rank
XSXE.DE
18M2.DE
XSXE.DE vs. 18M2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) and Amundi ETF MSCI EMU High Dividend UCITS ETF EUR (18M2.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.
| XSXE.DE | 18M2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 3.47 | -1.14 |
| Martin ratioReturn relative to average drawdown | 8.95 | 9.28 | -0.33 |
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Drawdowns
XSXE.DE vs. 18M2.DE - Drawdown Comparison
The maximum XSXE.DE drawdown since its inception was -33.65%, smaller than the maximum 18M2.DE drawdown of -37.06%. Use the drawdown chart below to compare losses from any high point for XSXE.DE and 18M2.DE.
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Drawdown Indicators
| XSXE.DE | 18M2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -37.06% | +3.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -6.19% | -3.37% |
Max Drawdown (3Y)Largest decline over 3 years | -14.83% | -14.68% | -0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -20.30% | -20.81% | +0.51% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.06% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -6.40% | +1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.32% | +0.16% |
Volatility
XSXE.DE vs. 18M2.DE - Volatility Comparison
Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) has a higher volatility of 3.09% compared to Amundi ETF MSCI EMU High Dividend UCITS ETF EUR (18M2.DE) at 2.67%. This indicates that XSXE.DE's price experiences larger fluctuations and is considered to be riskier than 18M2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSXE.DE | 18M2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 2.67% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 8.63% | +1.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.59% | 10.85% | +1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 13.43% | +0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 15.10% | +0.73% |
XSXE.DE vs. 18M2.DE - Expense Ratio Comparison
XSXE.DE has a 0.25% expense ratio, which is lower than 18M2.DE's 0.30% expense ratio.
Dividends
XSXE.DE vs. 18M2.DE - Dividend Comparison
Neither XSXE.DE nor 18M2.DE has paid dividends to shareholders.
Frequently Asked Questions
XSXE.DE and 18M2.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSXE.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSXE.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for 18M2.DE.
XSXE.DE tracks STOXX Europe 600 Index (EUR Hedged), while 18M2.DE tracks MSCI EMU High Dividend Yield. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XSXE.DE and 0.30% for 18M2.DE.
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