XZEU.DE vs. IS3H.DE
XZEU.DE (Xtrackers MSCI Europe ESG UCITS ETF 1C) and IS3H.DE (iShares MSCI EMU Mid Cap UCITS ETF) are both Europe Equities funds - XZEU.DE tracks the MSCI Europe NR EUR while IS3H.DE tracks the MSCI EMU Mid Cap. Both are passively managed. Over the past 5 years, XZEU.DE returned 7.48%/yr vs 9.27%/yr for IS3H.DE. Their correlation of 0.89 suggests significant overlap in exposure. XZEU.DE charges 0.20%/yr vs 0.49%/yr for IS3H.DE.
Performance
XZEU.DE vs. IS3H.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZEU.DE achieves a 5.81% return, which is significantly lower than IS3H.DE's 9.28% return.
XZEU.DE
- 1D
- 0.87%
- 1M
- 2.59%
- YTD
- 5.81%
- 6M
- 8.13%
- 1Y
- 5.92%
- 3Y*
- 10.08%
- 5Y*
- 7.48%
- 10Y*
- —
IS3H.DE
- 1D
- 0.47%
- 1M
- -0.13%
- YTD
- 9.28%
- 6M
- 11.27%
- 1Y
- 16.64%
- 3Y*
- 18.25%
- 5Y*
- 9.27%
- 10Y*
- 9.47%
XZEU.DE vs. IS3H.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XZEU.DE Xtrackers MSCI Europe ESG UCITS ETF 1C | 5.81% | 8.12% | 11.56% | 16.38% | -13.12% | 25.64% | 0.09% | 29.10% | -11.34% |
IS3H.DE iShares MSCI EMU Mid Cap UCITS ETF | 9.28% | 30.84% | 11.73% | 8.69% | -14.80% | 15.42% | 3.89% | 29.25% | -18.33% |
Correlation
The correlation between XZEU.DE and IS3H.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 | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since May 14, 2018 | 0.89 |
The correlation between XZEU.DE and IS3H.DE has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.
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Return for Risk
XZEU.DE vs. IS3H.DE — Risk / Return Rank
XZEU.DE
IS3H.DE
XZEU.DE vs. IS3H.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe ESG UCITS ETF 1C (XZEU.DE) and iShares MSCI EMU Mid Cap UCITS ETF (IS3H.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.
| XZEU.DE | IS3H.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.26 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 2.15 | -1.57 |
| Martin ratioReturn relative to average drawdown | 1.87 | 7.71 | -5.85 |
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
| XZEU.DE | IS3H.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 1.40 | -0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.60 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.56 | -0.06 |
Drawdowns
XZEU.DE vs. IS3H.DE - Drawdown Comparison
The maximum XZEU.DE drawdown since its inception was -33.18%, smaller than the maximum IS3H.DE drawdown of -37.63%. Use the drawdown chart below to compare losses from any high point for XZEU.DE and IS3H.DE.
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Drawdown Indicators
| XZEU.DE | IS3H.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.18% | -37.63% | +4.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.33% | -8.11% | -2.22% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -14.21% | -2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -22.04% | -26.54% | +4.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.63% | — |
Current DrawdownCurrent decline from peak | -0.84% | -1.34% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -5.18% | -6.35% | +1.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.27% | +0.96% |
Volatility
XZEU.DE vs. IS3H.DE - Volatility Comparison
Xtrackers MSCI Europe ESG UCITS ETF 1C (XZEU.DE) has a higher volatility of 4.45% compared to iShares MSCI EMU Mid Cap UCITS ETF (IS3H.DE) at 3.33%. This indicates that XZEU.DE's price experiences larger fluctuations and is considered to be riskier than IS3H.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZEU.DE | IS3H.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 3.33% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.25% | 9.77% | +1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.62% | 12.45% | +1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 15.31% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.96% | 16.15% | -0.19% |
XZEU.DE vs. IS3H.DE - Expense Ratio Comparison
XZEU.DE has a 0.20% expense ratio, which is lower than IS3H.DE's 0.49% expense ratio.
Dividends
XZEU.DE vs. IS3H.DE - Dividend Comparison
Neither XZEU.DE nor IS3H.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEU.DE and IS3H.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, XZEU.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZEU.DE is cheaper with a 0.20% expense ratio, compared with 0.49% for IS3H.DE.
XZEU.DE tracks MSCI Europe NR EUR, while IS3H.DE tracks MSCI EMU Mid Cap. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for XZEU.DE and 0.49% for IS3H.DE.
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