XZEU.DE vs. XZEM.DE
XZEU.DE (Xtrackers MSCI Europe ESG UCITS ETF 1C) and XZEM.DE (Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C) are both exchange-traded funds - XZEU.DE is a Europe Equities fund tracking the MSCI Europe NR EUR, while XZEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Low Carbon SRI Leaders. Both are passively managed. Over the past 5 years, XZEU.DE returned 7.48%/yr vs 3.14%/yr for XZEM.DE. A 0.58 correlation means they provide meaningful diversification when combined. XZEU.DE charges 0.20%/yr vs 0.25%/yr for XZEM.DE.
Performance
XZEU.DE vs. XZEM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XZEU.DE achieves a 5.81% return, which is significantly lower than XZEM.DE's 11.70% 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*
- —
XZEM.DE
- 1D
- -1.27%
- 1M
- -0.90%
- YTD
- 11.70%
- 6M
- 10.81%
- 1Y
- 26.52%
- 3Y*
- 14.21%
- 5Y*
- 3.14%
- 10Y*
- —
XZEU.DE vs. XZEM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XZEU.DE Xtrackers MSCI Europe ESG UCITS ETF 1C | 5.81% | 8.12% | 11.56% | 16.38% | -13.12% | 25.64% | 0.09% | 7.33% |
XZEM.DE Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C | 11.70% | 16.53% | 16.91% | 0.19% | -14.31% | -4.19% | 6.11% | 9.91% |
Correlation
The correlation between XZEU.DE and XZEM.DE is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2019 | 0.58 |
The correlation between XZEU.DE and XZEM.DE has been stable across timeframes, ranging from 0.55 to 0.58 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XZEU.DE vs. XZEM.DE — Risk / Return Rank
XZEU.DE
XZEM.DE
XZEU.DE vs. XZEM.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 ESG UCITS ETF 1C (XZEM.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 | XZEM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.28 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 2.57 | -1.99 |
| Martin ratioReturn relative to average drawdown | 1.87 | 8.36 | -6.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XZEU.DE | XZEM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 1.60 | -1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.17 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.28 | +0.22 |
Drawdowns
XZEU.DE vs. XZEM.DE - Drawdown Comparison
The maximum XZEU.DE drawdown since its inception was -33.18%, smaller than the maximum XZEM.DE drawdown of -37.16%. Use the drawdown chart below to compare losses from any high point for XZEU.DE and XZEM.DE.
Loading charts...
Drawdown Indicators
| XZEU.DE | XZEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.18% | -37.16% | +3.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.33% | -10.55% | +0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -20.90% | +3.93% |
Max Drawdown (5Y)Largest decline over 5 years | -22.04% | -32.73% | +10.69% |
Current DrawdownCurrent decline from peak | -0.84% | -3.21% | +2.37% |
Average DrawdownAverage peak-to-trough decline | -5.18% | -16.68% | +11.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 3.25% | -0.02% |
Volatility
XZEU.DE vs. XZEM.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Europe ESG UCITS ETF 1C (XZEU.DE) is 4.45%, while Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XZEM.DE) has a volatility of 5.92%. This indicates that XZEU.DE experiences smaller price fluctuations and is considered to be less risky than XZEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XZEU.DE | XZEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 5.92% | -1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 11.25% | 13.59% | -2.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.62% | 17.03% | -3.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 18.53% | -3.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.96% | 20.72% | -4.76% |
XZEU.DE vs. XZEM.DE - Expense Ratio Comparison
XZEU.DE has a 0.20% expense ratio, which is lower than XZEM.DE's 0.25% 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
XZEU.DE vs. XZEM.DE - Dividend Comparison
Neither XZEU.DE nor XZEM.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEU.DE and XZEM.DE have a correlation of 0.56, 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 0.25% for XZEM.DE.
XZEU.DE is categorized as Europe Equities, while XZEM.DE is Emerging Markets Equities. XZEU.DE tracks MSCI Europe NR EUR, while XZEM.DE tracks MSCI Emerging Markets Low Carbon SRI Leaders. Their fees differ too: 0.20% for XZEU.DE and 0.25% for XZEM.DE.
Find the right allocation for XZEU.DE and XZEM.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer