XZEU.DE vs. XMME.DE
XZEU.DE (Xtrackers MSCI Europe ESG UCITS ETF 1C) and XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) are both exchange-traded funds - XZEU.DE is a Europe Equities fund tracking the MSCI Europe NR EUR, while XMME.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, XZEU.DE returned 7.48%/yr vs 8.66%/yr for XMME.DE. A 0.63 correlation means they provide meaningful diversification when combined. XZEU.DE charges 0.20%/yr vs 0.18%/yr for XMME.DE.
Performance
XZEU.DE vs. XMME.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 XMME.DE's 30.06% 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*
- —
XMME.DE
- 1D
- -1.04%
- 1M
- 5.19%
- YTD
- 30.06%
- 6M
- 29.85%
- 1Y
- 50.91%
- 3Y*
- 21.36%
- 5Y*
- 8.66%
- 10Y*
- —
XZEU.DE vs. XMME.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% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 30.06% | 18.69% | 13.82% | 5.89% | -15.00% | 4.75% | 6.57% | 21.91% | -12.06% |
Correlation
The correlation between XZEU.DE and XMME.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since May 14, 2018 | 0.63 |
The correlation between XZEU.DE and XMME.DE has been stable across timeframes, ranging from 0.57 to 0.63 - a consistent structural relationship.
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Return for Risk
XZEU.DE vs. XMME.DE — Risk / Return Rank
XZEU.DE
XMME.DE
XZEU.DE vs. XMME.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 Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.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 | XMME.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.56 | ||
| Sortino ratioReturn per unit of downside risk | -3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.55 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 4.98 | -4.39 |
| Martin ratioReturn relative to average drawdown | 1.87 | 18.04 | -16.17 |
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 | XMME.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 3.00 | -2.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.51 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.45 | +0.05 |
Drawdowns
XZEU.DE vs. XMME.DE - Drawdown Comparison
The maximum XZEU.DE drawdown since its inception was -33.18%, roughly equal to the maximum XMME.DE drawdown of -31.96%. Use the drawdown chart below to compare losses from any high point for XZEU.DE and XMME.DE.
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Drawdown Indicators
| XZEU.DE | XMME.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.18% | -31.96% | -1.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.33% | -10.67% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -19.16% | +2.19% |
Max Drawdown (5Y)Largest decline over 5 years | -22.04% | -24.38% | +2.34% |
Current DrawdownCurrent decline from peak | -0.84% | -1.04% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -5.18% | -9.53% | +4.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.95% | +0.28% |
Volatility
XZEU.DE vs. XMME.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Europe ESG UCITS ETF 1C (XZEU.DE) is 4.45%, while Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) has a volatility of 7.48%. This indicates that XZEU.DE experiences smaller price fluctuations and is considered to be less risky than XMME.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 | XMME.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 7.48% | -3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 11.25% | 14.90% | -3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.62% | 17.70% | -4.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 16.74% | -2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.96% | 18.61% | -2.65% |
XZEU.DE vs. XMME.DE - Expense Ratio Comparison
XZEU.DE has a 0.20% expense ratio, which is higher than XMME.DE's 0.18% 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
XZEU.DE vs. XMME.DE - Dividend Comparison
Neither XZEU.DE nor XMME.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEU.DE and XMME.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XMME.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XMME.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for XZEU.DE.
XZEU.DE is categorized as Europe Equities, while XMME.DE is Emerging Markets Equities. XZEU.DE tracks MSCI Europe NR EUR, while XMME.DE tracks MSCI Emerging Markets. Their fees differ too: 0.20% for XZEU.DE and 0.18% for XMME.DE.
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