XSXE.DE vs. FLXD.DE
XSXE.DE (Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc)) and FLXD.DE (Franklin European Quality Dividend UCITS ETF) are both Europe Equities funds - XSXE.DE tracks the STOXX Europe 600 Index (EUR Hedged) while FLXD.DE tracks the MSCI Europe High Div Yld NR EUR. Both are passively managed. Over the past 5 years, XSXE.DE returned 9.89%/yr vs 12.53%/yr for FLXD.DE. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
XSXE.DE vs. FLXD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XSXE.DE achieves a 11.68% return, which is significantly lower than FLXD.DE's 12.47% 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*
- —
FLXD.DE
- 1D
- 0.27%
- 1M
- 2.36%
- 6M
- 12.00%
- YTD
- 12.47%
- 1Y
- 20.29%
- 3Y*
- 19.00%
- 5Y*
- 12.53%
- 10Y*
- —
XSXE.DE vs. FLXD.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% |
FLXD.DE Franklin European Quality Dividend UCITS ETF | 12.47% | 24.53% | 12.34% | 10.31% | -0.48% | 16.07% | -3.54% | 23.50% | -9.78% |
Correlation
The correlation between XSXE.DE and FLXD.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2018 | 0.78 |
The correlation between XSXE.DE and FLXD.DE shifts across timeframes, from 0.63 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSXE.DE vs. FLXD.DE — Risk / Return Rank
XSXE.DE
FLXD.DE
XSXE.DE vs. FLXD.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 Franklin European Quality Dividend UCITS ETF (FLXD.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 | FLXD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.42 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 5.04 | -2.72 |
| Martin ratioReturn relative to average drawdown | 8.95 | 13.16 | -4.21 |
Loading charts...
Drawdowns
XSXE.DE vs. FLXD.DE - Drawdown Comparison
The maximum XSXE.DE drawdown since its inception was -33.65%, roughly equal to the maximum FLXD.DE drawdown of -35.13%. Use the drawdown chart below to compare losses from any high point for XSXE.DE and FLXD.DE.
Loading charts...
Drawdown Indicators
| XSXE.DE | FLXD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -35.13% | +1.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -4.01% | -5.55% |
Max Drawdown (3Y)Largest decline over 3 years | -14.83% | -10.07% | -4.76% |
Max Drawdown (5Y)Largest decline over 5 years | -20.30% | -14.17% | -6.13% |
Current DrawdownCurrent decline from peak | 0.00% | -1.74% | +1.74% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -3.87% | -0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 1.54% | +0.94% |
Volatility
XSXE.DE vs. FLXD.DE - Volatility Comparison
Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) has a higher volatility of 3.09% compared to Franklin European Quality Dividend UCITS ETF (FLXD.DE) at 2.71%. This indicates that XSXE.DE's price experiences larger fluctuations and is considered to be riskier than FLXD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSXE.DE | FLXD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 2.71% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 7.28% | +3.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.59% | 8.91% | +3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 11.67% | +2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 14.07% | +1.76% |
XSXE.DE vs. FLXD.DE - Expense Ratio Comparison
Both XSXE.DE and FLXD.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. FLXD.DE - Dividend Comparison
XSXE.DE has not paid dividends to shareholders, while FLXD.DE's dividend yield for the trailing twelve months is around 3.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLXD.DE Franklin European Quality Dividend UCITS ETF | 3.93% | 4.27% | 4.31% | 4.99% | 5.20% | 4.61% | 3.48% | 4.38% | 5.45% | 0.72% |
XSXE.DE Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XSXE.DE and FLXD.DE have a correlation of 0.63, 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 FLXD.DE have the same expense ratio: 0.25% per year.
XSXE.DE tracks STOXX Europe 600 Index (EUR Hedged), while FLXD.DE tracks MSCI Europe High Div Yld NR EUR. They also come from different issuers: Xtrackers and Franklin Templeton.
Find the right allocation for XSXE.DE and FLXD.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer