XSXE.DE vs. EXUS.DE
XSXE.DE (Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc)) and EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) are both exchange-traded funds - XSXE.DE is a Europe Equities fund tracking the STOXX Europe 600 Index (EUR Hedged), while EXUS.DE is a Global Equities fund tracking the MSCI World ex USA index. Both are passively managed. Over the past year, XSXE.DE returned 22.30% vs 25.65% for EXUS.DE. Their correlation of 0.89 suggests significant overlap in exposure. XSXE.DE charges 0.25%/yr vs 0.15%/yr for EXUS.DE.
Performance
XSXE.DE vs. EXUS.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 lower than EXUS.DE's 13.41% 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*
- —
EXUS.DE
- 1D
- 0.66%
- 1M
- 3.63%
- 6M
- 13.12%
- YTD
- 13.41%
- 1Y
- 25.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XSXE.DE vs. EXUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XSXE.DE Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) | 11.68% | 21.25% | 1.14% |
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 13.41% | 17.80% | 4.15% |
Correlation
The correlation between XSXE.DE and EXUS.DE is 0.92, 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 | 0.92 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024 | 0.89 |
The correlation between XSXE.DE and EXUS.DE has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.
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Return for Risk
XSXE.DE vs. EXUS.DE — Risk / Return Rank
XSXE.DE
EXUS.DE
XSXE.DE vs. EXUS.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 Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.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 | EXUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.38 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 2.94 | -0.62 |
| Martin ratioReturn relative to average drawdown | 8.95 | 11.77 | -2.82 |
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Drawdowns
XSXE.DE vs. EXUS.DE - Drawdown Comparison
The maximum XSXE.DE drawdown since its inception was -33.65%, which is greater than EXUS.DE's maximum drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for XSXE.DE and EXUS.DE.
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Drawdown Indicators
| XSXE.DE | EXUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -16.21% | -17.44% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -8.67% | -0.89% |
Max Drawdown (3Y)Largest decline over 3 years | -14.83% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.30% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -1.75% | -2.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.17% | +0.31% |
Volatility
XSXE.DE vs. EXUS.DE - Volatility Comparison
Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) and Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) have volatilities of 3.09% and 3.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSXE.DE | EXUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 3.18% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 10.31% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.59% | 12.59% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 13.36% | +0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 13.36% | +2.47% |
XSXE.DE vs. EXUS.DE - Expense Ratio Comparison
XSXE.DE has a 0.25% expense ratio, which is higher than EXUS.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XSXE.DE vs. EXUS.DE - Dividend Comparison
Neither XSXE.DE nor EXUS.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, XSXE.DE and EXUS.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, EXUS.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXUS.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for XSXE.DE.
XSXE.DE is categorized as Europe Equities, while EXUS.DE is Global Equities. XSXE.DE tracks STOXX Europe 600 Index (EUR Hedged), while EXUS.DE tracks MSCI World ex USA index. Their fees differ too: 0.25% for XSXE.DE and 0.15% for EXUS.DE.
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