XSXE.DE vs. PR1Z.DE
XSXE.DE (Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc)) and PR1Z.DE (Amundi Prime Eurozone UCITS ETF DR (D)) are both Europe Equities funds - XSXE.DE tracks the STOXX Europe 600 Index (EUR Hedged) while PR1Z.DE tracks the Solactive GBS Developed Markets Eurozone Large & Mid Cap. Both are passively managed. Over the past 5 years, XSXE.DE returned 9.54%/yr vs 11.34%/yr for PR1Z.DE. Their correlation of 0.95 suggests significant overlap in exposure. XSXE.DE charges 0.25%/yr vs 0.05%/yr for PR1Z.DE.
Performance
XSXE.DE vs. PR1Z.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XSXE.DE achieves a 9.55% return, which is significantly lower than PR1Z.DE's 10.76% return.
XSXE.DE
- 1D
- -0.30%
- 1M
- 0.08%
- 6M
- 5.76%
- YTD
- 9.55%
- 1Y
- 19.28%
- 3Y*
- 14.19%
- 5Y*
- 9.54%
- 10Y*
- —
PR1Z.DE
- 1D
- -0.90%
- 1M
- -1.74%
- 6M
- 6.62%
- YTD
- 10.76%
- 1Y
- 20.54%
- 3Y*
- 16.17%
- 5Y*
- 11.34%
- 10Y*
- —
XSXE.DE vs. PR1Z.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XSXE.DE Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) | 9.55% | 21.25% | 7.59% | 14.31% | -9.71% | 21.70% | -0.75% | 19.31% |
PR1Z.DE Amundi Prime Eurozone UCITS ETF DR (D) | 10.76% | 24.78% | 9.45% | 19.41% | -12.44% | 27.38% | -4.63% | 22.47% |
Correlation
The correlation between XSXE.DE and PR1Z.DE is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2019 | 0.95 |
The correlation between XSXE.DE and PR1Z.DE has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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Return for Risk
XSXE.DE vs. PR1Z.DE — Risk / Return Rank
XSXE.DE
PR1Z.DE
XSXE.DE vs. PR1Z.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 Prime Eurozone UCITS ETF DR (D) (PR1Z.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 | PR1Z.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.26 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 1.98 | +0.02 |
| Martin ratioReturn relative to average drawdown | 7.69 | 7.42 | +0.28 |
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Drawdowns
XSXE.DE vs. PR1Z.DE - Drawdown Comparison
The maximum XSXE.DE drawdown since its inception was -33.65%, smaller than the maximum PR1Z.DE drawdown of -39.55%. Use the drawdown chart below to compare losses from any high point for XSXE.DE and PR1Z.DE.
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Drawdown Indicators
| XSXE.DE | PR1Z.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -39.55% | +5.90% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -10.31% | +0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -14.83% | -15.67% | +0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -20.30% | -24.21% | +3.91% |
Current DrawdownCurrent decline from peak | -1.91% | -3.14% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -5.54% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 2.76% | -0.26% |
Volatility
XSXE.DE vs. PR1Z.DE - Volatility Comparison
The current volatility for Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) is 3.19%, while Amundi Prime Eurozone UCITS ETF DR (D) (PR1Z.DE) has a volatility of 4.10%. This indicates that XSXE.DE experiences smaller price fluctuations and is considered to be less risky than PR1Z.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 | PR1Z.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 4.10% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 10.66% | 12.54% | -1.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.66% | 14.77% | -2.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 16.31% | -2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.81% | 18.65% | -2.84% |
XSXE.DE vs. PR1Z.DE - Expense Ratio Comparison
XSXE.DE has a 0.25% expense ratio, which is higher than PR1Z.DE's 0.05% 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. PR1Z.DE - Dividend Comparison
XSXE.DE has not paid dividends to shareholders, while PR1Z.DE's dividend yield for the trailing twelve months is around 2.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PR1Z.DE Amundi Prime Eurozone UCITS ETF DR (D) | 2.28% | 2.53% | 2.77% | 2.80% | 3.09% | 1.83% | 2.11% | 2.60% |
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% |
Frequently Asked Questions
With a correlation of 0.95, XSXE.DE and PR1Z.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, PR1Z.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PR1Z.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for XSXE.DE.
XSXE.DE tracks STOXX Europe 600 Index (EUR Hedged), while PR1Z.DE tracks Solactive GBS Developed Markets Eurozone Large & Mid Cap. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XSXE.DE and 0.05% for PR1Z.DE.
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