XZEU.DE vs. SNAW.DE
XZEU.DE (Xtrackers MSCI Europe ESG UCITS ETF 1C) and SNAW.DE (iShares MSCI World ESG Screened UCITS ETF USD (Acc)) are both exchange-traded funds - XZEU.DE is a Europe Equities fund tracking the MSCI Europe NR EUR, while SNAW.DE is a Global Equities fund tracking the MSCI World ESG Screened. Both are passively managed. Over the past 5 years, XZEU.DE returned 7.48%/yr vs 13.25%/yr for SNAW.DE. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
XZEU.DE vs. SNAW.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 SNAW.DE's 10.75% 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*
- —
SNAW.DE
- 1D
- 0.02%
- 1M
- 3.93%
- YTD
- 10.75%
- 6M
- 10.75%
- 1Y
- 24.24%
- 3Y*
- 18.23%
- 5Y*
- 13.25%
- 10Y*
- —
XZEU.DE vs. SNAW.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% | -5.69% |
SNAW.DE iShares MSCI World ESG Screened UCITS ETF USD (Acc) | 10.75% | 7.91% | 27.45% | 22.43% | -15.24% | 33.21% | 6.88% | 31.54% | -19.97% |
Correlation
The correlation between XZEU.DE and SNAW.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 | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2018 | 0.79 |
The correlation between XZEU.DE and SNAW.DE has been stable across timeframes, ranging from 0.71 to 0.79 - a consistent structural relationship.
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Return for Risk
XZEU.DE vs. SNAW.DE — Risk / Return Rank
XZEU.DE
SNAW.DE
XZEU.DE vs. SNAW.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 World ESG Screened UCITS ETF USD (Acc) (SNAW.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 | SNAW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.38 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 3.15 | -2.57 |
| Martin ratioReturn relative to average drawdown | 1.87 | 12.49 | -10.62 |
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 | SNAW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 2.05 | -1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.90 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.69 | -0.20 |
Drawdowns
XZEU.DE vs. SNAW.DE - Drawdown Comparison
The maximum XZEU.DE drawdown since its inception was -33.18%, roughly equal to the maximum SNAW.DE drawdown of -33.26%. Use the drawdown chart below to compare losses from any high point for XZEU.DE and SNAW.DE.
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Drawdown Indicators
| XZEU.DE | SNAW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.18% | -33.26% | +0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.33% | -7.69% | -2.64% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -22.37% | +5.40% |
Max Drawdown (5Y)Largest decline over 5 years | -22.04% | -22.37% | +0.33% |
Current DrawdownCurrent decline from peak | -0.84% | -0.36% | -0.48% |
Average DrawdownAverage peak-to-trough decline | -5.18% | -5.44% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 1.95% | +1.28% |
Volatility
XZEU.DE vs. SNAW.DE - Volatility Comparison
Xtrackers MSCI Europe ESG UCITS ETF 1C (XZEU.DE) has a higher volatility of 4.45% compared to iShares MSCI World ESG Screened UCITS ETF USD (Acc) (SNAW.DE) at 2.85%. This indicates that XZEU.DE's price experiences larger fluctuations and is considered to be riskier than SNAW.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 | SNAW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 2.85% | +1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 11.25% | 8.34% | +2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.62% | 11.81% | +1.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 14.57% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.96% | 17.16% | -1.20% |
XZEU.DE vs. SNAW.DE - Expense Ratio Comparison
Both XZEU.DE and SNAW.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XZEU.DE vs. SNAW.DE - Dividend Comparison
Neither XZEU.DE nor SNAW.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEU.DE and SNAW.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 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XZEU.DE and SNAW.DE have the same expense ratio: 0.20% per year.
XZEU.DE is categorized as Europe Equities, while SNAW.DE is Global Equities. XZEU.DE tracks MSCI Europe NR EUR, while SNAW.DE tracks MSCI World ESG Screened. They also come from different issuers: Xtrackers and iShares.
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