XZEW.DE vs. B500.DE
XZEW.DE (Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C) and B500.DE (Amundi S&P 500 Buyback ETF) are both S&P 500 funds - XZEW.DE tracks the S&P 500 Equal Weight ESG while B500.DE tracks the S&P 500 Buyback NTR. Both are passively managed. Over the past 3 years, XZEW.DE returned 12.65%/yr vs 15.34%/yr for B500.DE. Their correlation of 0.92 suggests significant overlap in exposure. XZEW.DE charges 0.17%/yr vs 0.15%/yr for B500.DE.
Performance
XZEW.DE vs. B500.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZEW.DE achieves a 10.78% return, which is significantly higher than B500.DE's 8.94% return.
XZEW.DE
- 1D
- 0.38%
- 1M
- 4.75%
- YTD
- 10.78%
- 6M
- 11.99%
- 1Y
- 21.75%
- 3Y*
- 12.65%
- 5Y*
- —
- 10Y*
- —
B500.DE
- 1D
- 0.86%
- 1M
- 5.50%
- YTD
- 8.94%
- 6M
- 10.28%
- 1Y
- 20.50%
- 3Y*
- 15.34%
- 5Y*
- 11.15%
- 10Y*
- 12.79%
XZEW.DE vs. B500.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XZEW.DE Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C | 10.78% | 1.09% | 18.02% | 10.63% | -3.60% |
B500.DE Amundi S&P 500 Buyback ETF | 8.94% | 4.76% | 20.85% | 12.10% | -3.19% |
Correlation
The correlation between XZEW.DE and B500.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | 0.92 |
The correlation between XZEW.DE and B500.DE has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
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Return for Risk
XZEW.DE vs. B500.DE — Risk / Return Rank
XZEW.DE
B500.DE
XZEW.DE vs. B500.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) and Amundi S&P 500 Buyback ETF (B500.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.
| XZEW.DE | B500.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.30 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 4.30 | +0.03 |
| Martin ratioReturn relative to average drawdown | 12.75 | 11.16 | +1.59 |
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
| XZEW.DE | B500.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 1.66 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.68 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.52 | +0.22 |
Drawdowns
XZEW.DE vs. B500.DE - Drawdown Comparison
The maximum XZEW.DE drawdown since its inception was -23.98%, smaller than the maximum B500.DE drawdown of -42.49%. Use the drawdown chart below to compare losses from any high point for XZEW.DE and B500.DE.
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Drawdown Indicators
| XZEW.DE | B500.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.98% | -42.49% | +18.51% |
Max Drawdown (1Y)Largest decline over 1 year | -5.00% | -4.75% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -23.98% | -23.66% | -0.32% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.49% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -6.31% | +1.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 1.83% | -0.13% |
Volatility
XZEW.DE vs. B500.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) is 2.12%, while Amundi S&P 500 Buyback ETF (B500.DE) has a volatility of 2.99%. This indicates that XZEW.DE experiences smaller price fluctuations and is considered to be less risky than B500.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZEW.DE | B500.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 2.99% | -0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 6.92% | 7.82% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.93% | 12.29% | -1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.97% | 16.18% | -2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.97% | 18.96% | -4.99% |
XZEW.DE vs. B500.DE - Expense Ratio Comparison
XZEW.DE has a 0.17% expense ratio, which is higher than B500.DE's 0.15% 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
XZEW.DE vs. B500.DE - Dividend Comparison
Neither XZEW.DE nor B500.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, XZEW.DE and B500.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, B500.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
B500.DE is cheaper with a 0.15% expense ratio, compared with 0.17% for XZEW.DE.
XZEW.DE tracks S&P 500 Equal Weight ESG, while B500.DE tracks S&P 500 Buyback NTR. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.17% for XZEW.DE and 0.15% for B500.DE.
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