XXSC.L vs. GOOGL

Last updated Jun 14, 2026

XXSC.L (Xtrackers MSCI Europe Small Cap UCITS ETF 1C) is Europe Equities fund tracking the MSCI Europe Small Cap NR EUR, while GOOGL (Alphabet Inc. Class A) is a stock. Over the past 10 years, XXSC.L returned 8.98%/yr vs 26.41%/yr for GOOGL. At a 0.29 correlation, their price movements are largely independent.

Performance

XXSC.L vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Europe Small Cap UCITS ETF 1C (XXSC.L) and Alphabet Inc. Class A (GOOGL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XXSC.L is traded in GBp, while GOOGL is traded in USD. To make them comparable, the GOOGL values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XXSC.L achieves a 6.17% return, which is significantly lower than GOOGL's 15.65% return. Over the past 10 years, XXSC.L has underperformed GOOGL with an annualized return of 8.98%, while GOOGL has yielded a comparatively higher 26.41% annualized return.

XXSC.L

• 1D: 1.71%
• 1M: 1.40%
• YTD: 6.17%
• 6M: 8.47%
• 1Y: 15.02%
• 3Y*: 11.34%
• 5Y*: 4.15%
• 10Y*: 8.98%

GOOGL

• 1D: 0.62%
• 1M: -9.85%
• YTD: 15.65%
• 6M: 16.16%
• 1Y: 109.08%
• 3Y*: 40.22%
• 5Y*: 25.75%
• 10Y*: 26.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XXSC.L vs. GOOGL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XXSC.L Xtrackers MSCI Europe Small Cap UCITS ETF 1C	6.17%	22.28%	0.76%	10.44%	-17.50%	15.39%	10.55%	24.37%	-14.57%	23.35%
GOOGL Alphabet Inc. Class A	15.65%	54.17%	38.38%	50.41%	-31.85%	66.86%	27.01%	23.30%	5.08%	21.43%

Correlation

The correlation between XXSC.L and GOOGL is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jan 17, 2008	0.29

The correlation between XXSC.L and GOOGL shifts across timeframes, from 0.15 (3 years) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XXSC.L vs. GOOGL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XXSC.L

XXSC.L Risk / Return Rank: 32
XXSC.L Sharpe Ratio Rank: 33
XXSC.L Sortino Ratio Rank: 32
XXSC.L Omega Ratio Rank: 33
XXSC.L Calmar Ratio Rank: 29
XXSC.L Martin Ratio Rank: 32

GOOGL

GOOGL Risk / Return Rank: 96
GOOGL Sharpe Ratio Rank: 97
GOOGL Sortino Ratio Rank: 98
GOOGL Omega Ratio Rank: 96
GOOGL Calmar Ratio Rank: 93
GOOGL Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XXSC.L vs. GOOGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Small Cap UCITS ETF 1C (XXSC.L) and Alphabet Inc. Class A (GOOGL). 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.

	XXSC.L	GOOGL	Difference
Sharpe ratio: Return per unit of total volatility	1.06	3.86	-2.80
Sortino ratio: Return per unit of downside risk	1.57	5.11	-3.54
Omega ratio: Gain probability vs. loss probability	1.20	1.63	-0.43
Calmar ratio: Return relative to maximum drawdown	1.25	6.17	-4.93
Martin ratio: Return relative to average drawdown	4.44	20.84	-16.40

XXSC.L vs. GOOGL - Sharpe Ratio Comparison

The current XXSC.L Sharpe Ratio is 1.06, which is lower than the GOOGL Sharpe Ratio of 3.86. The chart below compares the historical Sharpe Ratios of XXSC.L and GOOGL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XXSC.L vs. GOOGL - Drawdown Comparison

The maximum XXSC.L drawdown since its inception was -74.17%, which is greater than GOOGL's maximum drawdown of -52.64%. Use the drawdown chart below to compare losses from any high point for XXSC.L and GOOGL.

Drawdown Indicators

	XXSC.L	GOOGL	Difference
Max Drawdown Largest peak-to-trough decline	-74.17%	-52.64%	-21.53%
Max Drawdown (1Y) Largest decline over 1 year	-10.79%	-17.68%	+6.89%
Max Drawdown (3Y) Largest decline over 3 years	-19.10%	-33.18%	+14.08%
Max Drawdown (5Y) Largest decline over 5 years	-30.74%	-36.22%	+5.48%
Max Drawdown (10Y) Largest decline over 10 years	-35.75%	-36.22%	+0.47%
Current Drawdown Current decline from peak	-1.69%	-10.29%	+8.60%
Average Drawdown Average peak-to-trough decline	-20.66%	-9.93%	-10.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	5.23%	-2.19%

Volatility

XXSC.L vs. GOOGL - Volatility Comparison

The current volatility for Xtrackers MSCI Europe Small Cap UCITS ETF 1C (XXSC.L) is 3.81%, while Alphabet Inc. Class A (GOOGL) has a volatility of 7.14%. This indicates that XXSC.L experiences smaller price fluctuations and is considered to be less risky than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XXSC.L	GOOGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	7.14%	-3.33%
Volatility (6M) Calculated over the trailing 6-month period	10.66%	19.58%	-8.92%
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	28.32%	-15.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.53%	30.43%	-9.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.31%	29.19%	-10.88%

Dividends

XXSC.L vs. GOOGL - Dividend Comparison

XXSC.L has not paid dividends to shareholders, while GOOGL's dividend yield for the trailing twelve months is around 0.24%.

Position	TTM	2025	2024
GOOGL Alphabet Inc. Class A	0.24%	0.27%	0.32%
XXSC.L Xtrackers MSCI Europe Small Cap UCITS ETF 1C	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XXSC.L and GOOGL in my portfolio?

XXSC.L and GOOGL have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.