XZE5.DE vs. XSX6.DE
XZE5.DE (Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both exchange-traded funds - XZE5.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR, while XSX6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 5 years, XZE5.DE returned 1.16%/yr vs 9.82%/yr for XSX6.DE. At a 0.30 correlation, their price movements are largely independent. XZE5.DE charges 0.16%/yr vs 0.20%/yr for XSX6.DE.
Performance
XZE5.DE vs. XSX6.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZE5.DE achieves a 0.85% return, which is significantly lower than XSX6.DE's 9.29% return.
XZE5.DE
- 1D
- 0.00%
- 1M
- 0.38%
- YTD
- 0.85%
- 6M
- 0.88%
- 1Y
- 1.96%
- 3Y*
- 4.07%
- 5Y*
- 1.16%
- 10Y*
- —
XSX6.DE
- 1D
- 0.00%
- 1M
- 1.34%
- YTD
- 9.29%
- 6M
- 10.04%
- 1Y
- 21.74%
- 3Y*
- 15.19%
- 5Y*
- 9.82%
- 10Y*
- 10.49%
XZE5.DE vs. XSX6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XZE5.DE Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C | 0.85% | 3.08% | 4.10% | 5.27% | -6.80% | -0.40% | 0.99% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 9.29% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | 11.19% |
Correlation
The correlation between XZE5.DE and XSX6.DE is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2020 | 0.30 |
The correlation between XZE5.DE and XSX6.DE shifts across timeframes, from 0.30 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XZE5.DE vs. XSX6.DE — Risk / Return Rank
XZE5.DE
XSX6.DE
XZE5.DE vs. XSX6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) and Xtrackers STOXX Europe 600 UCITS ETF (XSX6.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.
| XZE5.DE | XSX6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.32 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.29 | -1.10 |
| Martin ratioReturn relative to average drawdown | 4.23 | 8.87 | -4.64 |
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Drawdowns
XZE5.DE vs. XSX6.DE - Drawdown Comparison
The maximum XZE5.DE drawdown since its inception was -8.73%, smaller than the maximum XSX6.DE drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for XZE5.DE and XSX6.DE.
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Drawdown Indicators
| XZE5.DE | XSX6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.73% | -36.06% | +27.33% |
Max Drawdown (1Y)Largest decline over 1 year | -1.66% | -9.46% | +7.80% |
Max Drawdown (3Y)Largest decline over 3 years | -1.66% | -16.37% | +14.71% |
Max Drawdown (5Y)Largest decline over 5 years | -8.73% | -20.84% | +12.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.06% | — |
Current DrawdownCurrent decline from peak | -0.01% | -0.67% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -5.25% | +2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 2.45% | -1.99% |
Volatility
XZE5.DE vs. XSX6.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C (XZE5.DE) is 0.50%, while Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) has a volatility of 2.78%. This indicates that XZE5.DE experiences smaller price fluctuations and is considered to be less risky than XSX6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZE5.DE | XSX6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.50% | 2.78% | -2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 1.67% | 10.85% | -9.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 12.98% | -11.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.55% | 14.45% | -11.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 15.32% | -12.94% |
XZE5.DE vs. XSX6.DE - Expense Ratio Comparison
XZE5.DE has a 0.16% expense ratio, which is lower than XSX6.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XZE5.DE vs. XSX6.DE - Dividend Comparison
Neither XZE5.DE nor XSX6.DE has paid dividends to shareholders.
Frequently Asked Questions
XZE5.DE and XSX6.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZE5.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZE5.DE is cheaper with a 0.16% expense ratio, compared with 0.20% for XSX6.DE.
XZE5.DE is categorized as European Corporate Bonds, while XSX6.DE is Europe Equities. XZE5.DE tracks Bloomberg Euro Corp TR EUR, while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.16% for XZE5.DE and 0.20% for XSX6.DE.
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