XZEM.DE vs. XNAS.DE
XZEM.DE (Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C) and XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) are both exchange-traded funds - XZEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Low Carbon SRI Leaders, while XNAS.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, XZEM.DE returned 3.14%/yr vs 18.79%/yr for XNAS.DE. A 0.54 correlation means they provide meaningful diversification when combined. XZEM.DE charges 0.25%/yr vs 0.20%/yr for XNAS.DE.
Performance
XZEM.DE vs. XNAS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZEM.DE achieves a 11.70% return, which is significantly lower than XNAS.DE's 20.53% return.
XZEM.DE
- 1D
- -1.27%
- 1M
- 1.22%
- YTD
- 11.70%
- 6M
- 11.70%
- 1Y
- 27.23%
- 3Y*
- 14.21%
- 5Y*
- 3.14%
- 10Y*
- —
XNAS.DE
- 1D
- -0.83%
- 1M
- 9.23%
- YTD
- 20.53%
- 6M
- 19.39%
- 1Y
- 37.85%
- 3Y*
- 24.64%
- 5Y*
- 18.79%
- 10Y*
- —
XZEM.DE vs. XNAS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XZEM.DE Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C | 11.70% | 16.53% | 16.91% | 0.19% | -14.31% | -12.99% |
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 20.53% | 7.11% | 33.75% | 51.36% | -29.99% | 33.56% |
Correlation
The correlation between XZEM.DE and XNAS.DE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2021 | 0.54 |
The correlation between XZEM.DE and XNAS.DE shifts across timeframes, from 0.54 (3 years) to 0.65 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XZEM.DE vs. XNAS.DE — Risk / Return Rank
XZEM.DE
XNAS.DE
XZEM.DE vs. XNAS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XZEM.DE) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.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.
| XZEM.DE | XNAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.42 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 3.77 | -1.20 |
| Martin ratioReturn relative to average drawdown | 8.36 | 11.16 | -2.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XZEM.DE | XNAS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.40 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.93 | -0.77 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.91 | -0.62 |
Drawdowns
XZEM.DE vs. XNAS.DE - Drawdown Comparison
The maximum XZEM.DE drawdown since its inception was -37.16%, which is greater than XNAS.DE's maximum drawdown of -31.25%. Use the drawdown chart below to compare losses from any high point for XZEM.DE and XNAS.DE.
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Drawdown Indicators
| XZEM.DE | XNAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.16% | -31.25% | -5.91% |
Max Drawdown (1Y)Largest decline over 1 year | -10.55% | -10.00% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -20.90% | -26.72% | +5.82% |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | -31.25% | -1.48% |
Current DrawdownCurrent decline from peak | -3.21% | -0.83% | -2.38% |
Average DrawdownAverage peak-to-trough decline | -16.68% | -7.83% | -8.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.38% | -0.13% |
Volatility
XZEM.DE vs. XNAS.DE - Volatility Comparison
Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XZEM.DE) has a higher volatility of 5.92% compared to Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) at 4.31%. This indicates that XZEM.DE's price experiences larger fluctuations and is considered to be riskier than XNAS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZEM.DE | XNAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 4.31% | +1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 13.59% | 10.91% | +2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.03% | 15.71% | +1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 19.88% | -1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 19.84% | +0.88% |
XZEM.DE vs. XNAS.DE - Expense Ratio Comparison
XZEM.DE has a 0.25% expense ratio, which is higher than XNAS.DE's 0.20% 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
XZEM.DE vs. XNAS.DE - Dividend Comparison
Neither XZEM.DE nor XNAS.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEM.DE and XNAS.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNAS.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNAS.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XZEM.DE.
XZEM.DE is categorized as Emerging Markets Equities, while XNAS.DE is Nasdaq-100. XZEM.DE tracks MSCI Emerging Markets Low Carbon SRI Leaders, while XNAS.DE tracks Nasdaq 100®. Their fees differ too: 0.25% for XZEM.DE and 0.20% for XNAS.DE.
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