XSXE.DE vs. EUN0.DE
XSXE.DE (Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc)) and EUN0.DE (iShares Edge MSCI Europe Minimum Volatility UCITS ETF) are both Europe Equities funds - XSXE.DE tracks the STOXX Europe 600 Index (EUR Hedged) while EUN0.DE tracks the MSCI Europe Minimum Volatility. Both are passively managed. Over the past 5 years, XSXE.DE returned 9.89%/yr vs 7.46%/yr for EUN0.DE. Their correlation of 0.84 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
XSXE.DE vs. EUN0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XSXE.DE achieves a 11.68% return, which is significantly higher than EUN0.DE's 9.17% return.
XSXE.DE
- 1D
- 0.64%
- 1M
- 5.20%
- 6M
- 10.95%
- YTD
- 11.68%
- 1Y
- 22.30%
- 3Y*
- 14.79%
- 5Y*
- 9.89%
- 10Y*
- —
EUN0.DE
- 1D
- 0.50%
- 1M
- 3.95%
- 6M
- 8.82%
- YTD
- 9.17%
- 1Y
- 11.85%
- 3Y*
- 11.83%
- 5Y*
- 7.46%
- 10Y*
- 7.22%
XSXE.DE vs. EUN0.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% |
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 9.17% | 12.27% | 11.42% | 10.79% | -13.21% | 21.52% | -4.02% | 24.18% | -6.05% |
Correlation
The correlation between XSXE.DE and EUN0.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2018 | 0.84 |
The correlation between XSXE.DE and EUN0.DE shifts across timeframes, from 0.73 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XSXE.DE vs. EUN0.DE — Risk / Return Rank
XSXE.DE
EUN0.DE
XSXE.DE vs. EUN0.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 iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.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 | EUN0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.24 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 1.65 | +0.67 |
| Martin ratioReturn relative to average drawdown | 8.95 | 5.07 | +3.88 |
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Drawdowns
XSXE.DE vs. EUN0.DE - Drawdown Comparison
The maximum XSXE.DE drawdown since its inception was -33.65%, which is greater than EUN0.DE's maximum drawdown of -30.68%. Use the drawdown chart below to compare losses from any high point for XSXE.DE and EUN0.DE.
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Drawdown Indicators
| XSXE.DE | EUN0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -30.68% | -2.97% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -7.16% | -2.40% |
Max Drawdown (3Y)Largest decline over 3 years | -14.83% | -10.73% | -4.10% |
Max Drawdown (5Y)Largest decline over 5 years | -20.30% | -19.64% | -0.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.68% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -4.67% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.33% | +0.15% |
Volatility
XSXE.DE vs. EUN0.DE - Volatility Comparison
Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) has a higher volatility of 3.09% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) at 2.30%. This indicates that XSXE.DE's price experiences larger fluctuations and is considered to be riskier than EUN0.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 | EUN0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 2.30% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 7.44% | +3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.59% | 8.98% | +3.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 11.05% | +3.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 12.23% | +3.60% |
XSXE.DE vs. EUN0.DE - Expense Ratio Comparison
Both XSXE.DE and EUN0.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XSXE.DE vs. EUN0.DE - Dividend Comparison
Neither XSXE.DE nor EUN0.DE has paid dividends to shareholders.
Frequently Asked Questions
XSXE.DE and EUN0.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XSXE.DE and EUN0.DE have the same expense ratio: 0.25% per year.
XSXE.DE tracks STOXX Europe 600 Index (EUR Hedged), while EUN0.DE tracks MSCI Europe Minimum Volatility. They also come from different issuers: Xtrackers and iShares.
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