XSXE.DE vs. XB4A.DE
XSXE.DE (Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc)) and XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) are both Europe Equities funds from Xtrackers - XSXE.DE tracks the STOXX Europe 600 Index (EUR Hedged) while XB4A.DE tracks the ATX Index. Both are passively managed. Over the past 5 years, XSXE.DE returned 9.89%/yr vs 17.96%/yr for XB4A.DE. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
XSXE.DE vs. XB4A.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 XB4A.DE's 26.47% 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*
- —
XB4A.DE
- 1D
- 1.02%
- 1M
- 8.17%
- 6M
- 25.41%
- YTD
- 26.47%
- 1Y
- 51.75%
- 3Y*
- 31.70%
- 5Y*
- 17.96%
- 10Y*
- 15.98%
XSXE.DE vs. XB4A.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% |
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 26.47% | 51.29% | 11.01% | 14.27% | -16.45% | 42.39% | -10.86% | 19.79% | -15.15% |
Correlation
The correlation between XSXE.DE and XB4A.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2018 | 0.74 |
The correlation between XSXE.DE and XB4A.DE has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.
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Return for Risk
XSXE.DE vs. XB4A.DE — Risk / Return Rank
XSXE.DE
XB4A.DE
XSXE.DE vs. XB4A.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 ATX UCITS ETF (Acc) (XB4A.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 | XB4A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.50 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 4.73 | -2.41 |
| Martin ratioReturn relative to average drawdown | 8.95 | 16.12 | -7.17 |
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Drawdowns
XSXE.DE vs. XB4A.DE - Drawdown Comparison
The maximum XSXE.DE drawdown since its inception was -33.65%, smaller than the maximum XB4A.DE drawdown of -53.54%. Use the drawdown chart below to compare losses from any high point for XSXE.DE and XB4A.DE.
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Drawdown Indicators
| XSXE.DE | XB4A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -53.54% | +19.89% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -10.88% | +1.32% |
Max Drawdown (3Y)Largest decline over 3 years | -14.83% | -16.26% | +1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -20.30% | -32.50% | +12.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.54% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.54% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -9.90% | +5.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 3.20% | -0.72% |
Volatility
XSXE.DE vs. XB4A.DE - Volatility Comparison
The current volatility for Xtrackers Stoxx Europe 600 UCITS ETF EUR Hedged (Acc) (XSXE.DE) is 3.09%, while Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) has a volatility of 6.08%. This indicates that XSXE.DE experiences smaller price fluctuations and is considered to be less risky than XB4A.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 | XB4A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 6.08% | -2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 14.73% | -4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.59% | 17.53% | -4.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.08% | 19.15% | -5.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 20.21% | -4.38% |
XSXE.DE vs. XB4A.DE - Expense Ratio Comparison
Both XSXE.DE and XB4A.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. XB4A.DE - Dividend Comparison
Neither XSXE.DE nor XB4A.DE has paid dividends to shareholders.
Frequently Asked Questions
XSXE.DE and XB4A.DE have a correlation of 0.74, 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 XB4A.DE have the same expense ratio: 0.25% per year.
XSXE.DE tracks STOXX Europe 600 Index (EUR Hedged), while XB4A.DE tracks ATX Index.
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