XZEW.DE vs. XESC.DE
XZEW.DE (Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C) and XESC.DE (Xtrackers EURO STOXX 50 UCITS ETF 1C) are both exchange-traded funds - XZEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight ESG, while XESC.DE is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 3 years, XZEW.DE returned 13.83%/yr vs 16.40%/yr for XESC.DE. A 0.55 correlation means they provide meaningful diversification when combined. XZEW.DE charges 0.17%/yr vs 0.09%/yr for XESC.DE.
Performance
XZEW.DE vs. XESC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZEW.DE achieves a 14.02% return, which is significantly higher than XESC.DE's 9.31% return.
XZEW.DE
- 1D
- 0.00%
- 1M
- 4.42%
- YTD
- 14.02%
- 6M
- 14.63%
- 1Y
- 26.03%
- 3Y*
- 13.83%
- 5Y*
- —
- 10Y*
- —
XESC.DE
- 1D
- 0.00%
- 1M
- 2.56%
- YTD
- 9.31%
- 6M
- 10.20%
- 1Y
- 21.31%
- 3Y*
- 16.40%
- 5Y*
- 11.78%
- 10Y*
- 11.87%
XZEW.DE vs. XESC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XZEW.DE Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C | 14.02% | 1.09% | 18.02% | 10.63% | -8.31% |
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C | 9.31% | 22.24% | 11.06% | 22.50% | -3.66% |
Correlation
The correlation between XZEW.DE and XESC.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2022 | 0.55 |
The correlation between XZEW.DE and XESC.DE has been stable across timeframes, ranging from 0.51 to 0.55 - a consistent structural relationship.
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Return for Risk
XZEW.DE vs. XESC.DE — Risk / Return Rank
XZEW.DE
XESC.DE
XZEW.DE vs. XESC.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 Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XZEW.DE | XESC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.25 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 1.96 | -0.30 |
| Martin ratioReturn relative to average drawdown | 3.19 | 6.81 | -3.63 |
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Drawdowns
XZEW.DE vs. XESC.DE - Drawdown Comparison
The maximum XZEW.DE drawdown since its inception was -23.98%, smaller than the maximum XESC.DE drawdown of -46.74%. Use the drawdown chart below to compare losses from any high point for XZEW.DE and XESC.DE.
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Drawdown Indicators
| XZEW.DE | XESC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.98% | -46.74% | +22.76% |
Max Drawdown (1Y)Largest decline over 1 year | -15.71% | -10.88% | -4.83% |
Max Drawdown (3Y)Largest decline over 3 years | -23.98% | -16.53% | -7.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.33% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.51% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.71% | +1.71% |
Average DrawdownAverage peak-to-trough decline | -6.28% | -9.06% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.16% | 3.13% | +5.03% |
Volatility
XZEW.DE vs. XESC.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) is 2.21%, while Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) has a volatility of 3.52%. This indicates that XZEW.DE experiences smaller price fluctuations and is considered to be less risky than XESC.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 | XESC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.21% | 3.52% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 7.24% | 13.23% | -5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.30% | 16.03% | +8.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.19% | 17.56% | +0.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 17.98% | +0.21% |
XZEW.DE vs. XESC.DE - Expense Ratio Comparison
XZEW.DE has a 0.17% expense ratio, which is higher than XESC.DE's 0.09% 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. XESC.DE - Dividend Comparison
Neither XZEW.DE nor XESC.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEW.DE and XESC.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XESC.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XESC.DE is cheaper with a 0.09% expense ratio, compared with 0.17% for XZEW.DE.
XZEW.DE is categorized as S&P 500, while XESC.DE is Europe Equities. XZEW.DE tracks S&P 500 Equal Weight ESG, while XESC.DE tracks MSCI EMU NR EUR. Their fees differ too: 0.17% for XZEW.DE and 0.09% for XESC.DE.
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