XZEW.DE vs. IS20.DE
XZEW.DE (Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C) and IS20.DE (iShares S&P 500 Top 20 UCITS ETF USD Acc) are both S&P 500 funds - XZEW.DE tracks the S&P 500 Equal Weight ESG while IS20.DE tracks the S&P 500 Top 20 Index. Both are passively managed. Over the past year, XZEW.DE returned 21.75% vs 30.08% for IS20.DE. At a 0.48 correlation, their price movements are largely independent. XZEW.DE charges 0.17%/yr vs 0.10%/yr for IS20.DE.
Performance
XZEW.DE vs. IS20.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 IS20.DE's 9.38% return.
XZEW.DE
- 1D
- 0.38%
- 1M
- 4.75%
- YTD
- 10.78%
- 6M
- 11.99%
- 1Y
- 21.75%
- 3Y*
- 12.65%
- 5Y*
- —
- 10Y*
- —
IS20.DE
- 1D
- -0.38%
- 1M
- 4.82%
- YTD
- 9.38%
- 6M
- 8.62%
- 1Y
- 30.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XZEW.DE vs. IS20.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XZEW.DE Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C | 10.78% | 1.09% | -1.99% |
IS20.DE iShares S&P 500 Top 20 UCITS ETF USD Acc | 9.38% | 6.77% | 6.20% |
Correlation
The correlation between XZEW.DE and IS20.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2024 | 0.48 |
The correlation between XZEW.DE and IS20.DE shifts across timeframes, from 0.37 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XZEW.DE vs. IS20.DE — Risk / Return Rank
XZEW.DE
IS20.DE
XZEW.DE vs. IS20.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 iShares S&P 500 Top 20 UCITS ETF USD Acc (IS20.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 | IS20.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.35 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 2.35 | +1.98 |
| Martin ratioReturn relative to average drawdown | 12.75 | 7.30 | +5.45 |
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 | IS20.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 2.02 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.77 | -0.03 |
Drawdowns
XZEW.DE vs. IS20.DE - Drawdown Comparison
The maximum XZEW.DE drawdown since its inception was -23.98%, smaller than the maximum IS20.DE drawdown of -26.30%. Use the drawdown chart below to compare losses from any high point for XZEW.DE and IS20.DE.
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Drawdown Indicators
| XZEW.DE | IS20.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.98% | -26.30% | +2.32% |
Max Drawdown (1Y)Largest decline over 1 year | -5.00% | -12.73% | +7.73% |
Max Drawdown (3Y)Largest decline over 3 years | -23.98% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.60% | +1.60% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -6.16% | +1.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 4.11% | -2.41% |
Volatility
XZEW.DE vs. IS20.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) is 2.12%, while iShares S&P 500 Top 20 UCITS ETF USD Acc (IS20.DE) has a volatility of 3.65%. This indicates that XZEW.DE experiences smaller price fluctuations and is considered to be less risky than IS20.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 | IS20.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 3.65% | -1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 6.92% | 10.03% | -3.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.93% | 14.81% | -3.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.97% | 19.57% | -5.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.97% | 19.57% | -5.60% |
XZEW.DE vs. IS20.DE - Expense Ratio Comparison
XZEW.DE has a 0.17% expense ratio, which is higher than IS20.DE's 0.10% 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. IS20.DE - Dividend Comparison
Neither XZEW.DE nor IS20.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEW.DE and IS20.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS20.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS20.DE is cheaper with a 0.10% expense ratio, compared with 0.17% for XZEW.DE.
XZEW.DE tracks S&P 500 Equal Weight ESG, while IS20.DE tracks S&P 500 Top 20 Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.17% for XZEW.DE and 0.10% for IS20.DE.
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