XSXE.DE vs. SXRY.DE
XSXE.DE (Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc)) and SXRY.DE (iShares FTSE MIB UCITS ETF (Acc)) are both Europe Equities funds - XSXE.DE tracks the STOXX Europe 600 Index (EUR Hedged) while SXRY.DE tracks the FTSE MIB. Both are passively managed. Over the past 5 years, XSXE.DE returned 9.89%/yr vs 21.25%/yr for SXRY.DE. Their correlation of 0.84 suggests significant overlap in exposure. XSXE.DE charges 0.25%/yr vs 0.33%/yr for SXRY.DE.
Performance
XSXE.DE vs. SXRY.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 SXRY.DE's 20.71% 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*
- —
SXRY.DE
- 1D
- 0.69%
- 1M
- 5.82%
- 6M
- 19.64%
- YTD
- 20.71%
- 1Y
- 38.08%
- 3Y*
- 28.71%
- 5Y*
- 21.25%
- 10Y*
- 16.82%
XSXE.DE vs. SXRY.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% |
SXRY.DE iShares FTSE MIB UCITS ETF (Acc) | 20.71% | 37.80% | 18.15% | 33.34% | -9.13% | 26.71% | -4.02% | 33.22% | -16.84% |
Correlation
The correlation between XSXE.DE and SXRY.DE is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2018 | 0.84 |
The correlation between XSXE.DE and SXRY.DE has been stable across timeframes, ranging from 0.84 to 0.85 - a consistent structural relationship.
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. SXRY.DE — Risk / Return Rank
XSXE.DE
SXRY.DE
XSXE.DE vs. SXRY.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 FTSE MIB UCITS ETF (Acc) (SXRY.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 | SXRY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 3.91 | -1.59 |
| Martin ratioReturn relative to average drawdown | 8.95 | 14.41 | -5.46 |
Loading charts...
Drawdowns
XSXE.DE vs. SXRY.DE - Drawdown Comparison
The maximum XSXE.DE drawdown since its inception was -33.65%, smaller than the maximum SXRY.DE drawdown of -43.59%. Use the drawdown chart below to compare losses from any high point for XSXE.DE and SXRY.DE.
Loading charts...
Drawdown Indicators
| XSXE.DE | SXRY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -43.59% | +9.94% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -9.69% | +0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -14.83% | -17.61% | +2.78% |
Max Drawdown (5Y)Largest decline over 5 years | -20.30% | -25.00% | +4.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.81% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -11.59% | +6.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.63% | -0.15% |
Volatility
XSXE.DE vs. SXRY.DE - Volatility Comparison
The current volatility for Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) is 3.09%, while iShares FTSE MIB UCITS ETF (Acc) (SXRY.DE) has a volatility of 3.87%. This indicates that XSXE.DE experiences smaller price fluctuations and is considered to be less risky than SXRY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSXE.DE | SXRY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 3.87% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 12.85% | -2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.59% | 15.99% | -3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 18.30% | -4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 19.56% | -3.73% |
XSXE.DE vs. SXRY.DE - Expense Ratio Comparison
XSXE.DE has a 0.25% expense ratio, which is lower than SXRY.DE's 0.33% expense ratio.
Dividends
XSXE.DE vs. SXRY.DE - Dividend Comparison
Neither XSXE.DE nor SXRY.DE has paid dividends to shareholders.
Frequently Asked Questions
XSXE.DE and SXRY.DE have a correlation of 0.84, 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 0.33% for SXRY.DE.
XSXE.DE tracks STOXX Europe 600 Index (EUR Hedged), while SXRY.DE tracks FTSE MIB. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XSXE.DE and 0.33% for SXRY.DE.
Find the right allocation for XSXE.DE and SXRY.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