XZMD.DE vs. USUE.DE

Last updated Jun 5, 2026

XZMD.DE (Xtrackers MSCI USA ESG UCITS ETF 1D) and USUE.DE (UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc) are both Large Cap Blend Equities funds - XZMD.DE tracks the Russell 1000 TR USD while USUE.DE tracks the MSCI USA Select Factor Mix. Both are passively managed. Over the past 3 years, XZMD.DE returned 18.73%/yr vs 15.86%/yr for USUE.DE. Their correlation of 0.81 suggests significant overlap in exposure. XZMD.DE charges 0.15%/yr vs 0.25%/yr for USUE.DE.

Performance

XZMD.DE vs. USUE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI USA ESG UCITS ETF 1D (XZMD.DE) and UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc (USUE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XZMD.DE achieves a 8.27% return, which is significantly lower than USUE.DE's 13.01% return.

XZMD.DE

• 1D: 0.72%
• 1M: 5.36%
• YTD: 8.27%
• 6M: 9.20%
• 1Y: 23.50%
• 3Y*: 18.73%
• 5Y*: —
• 10Y*: —

USUE.DE

• 1D: 0.29%
• 1M: 4.91%
• YTD: 13.01%
• 6M: 13.36%
• 1Y: 21.52%
• 3Y*: 15.86%
• 5Y*: 11.49%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XZMD.DE vs. USUE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XZMD.DE Xtrackers MSCI USA ESG UCITS ETF 1D	8.27%	5.05%	32.63%	26.55%	-9.55%
USUE.DE UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc	13.01%	1.00%	25.07%	12.96%	-4.38%

Correlation

The correlation between XZMD.DE and USUE.DE is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Apr 27, 2022	0.81

The correlation between XZMD.DE and USUE.DE shifts across timeframes, from 0.66 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XZMD.DE vs. USUE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XZMD.DE

XZMD.DE Risk / Return Rank: 51
XZMD.DE Sharpe Ratio Rank: 55
XZMD.DE Sortino Ratio Rank: 53
XZMD.DE Omega Ratio Rank: 54
XZMD.DE Calmar Ratio Rank: 45
XZMD.DE Martin Ratio Rank: 47

USUE.DE

USUE.DE Risk / Return Rank: 66
USUE.DE Sharpe Ratio Rank: 57
USUE.DE Sortino Ratio Rank: 58
USUE.DE Omega Ratio Rank: 55
USUE.DE Calmar Ratio Rank: 83
USUE.DE Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XZMD.DE vs. USUE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA ESG UCITS ETF 1D (XZMD.DE) and UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc (USUE.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.

	XZMD.DE	USUE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.89	-0.04
Sortino ratio: Return per unit of downside risk	2.54	2.73	-0.19
Omega ratio: Gain probability vs. loss probability	1.33	1.33	0.00
Calmar ratio: Return relative to maximum drawdown	2.18	4.41	-2.23
Martin ratio: Return relative to average drawdown	7.70	14.20	-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.

XZMD.DE vs. USUE.DE - Sharpe Ratio Comparison

The current XZMD.DE Sharpe Ratio is 1.84, which is comparable to the USUE.DE Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of XZMD.DE and USUE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XZMD.DE	USUE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	1.89	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.65	+0.23

Drawdowns

XZMD.DE vs. USUE.DE - Drawdown Comparison

The maximum XZMD.DE drawdown since its inception was -24.74%, smaller than the maximum USUE.DE drawdown of -35.36%. Use the drawdown chart below to compare losses from any high point for XZMD.DE and USUE.DE.

Drawdown Indicators

	XZMD.DE	USUE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-24.74%	-35.36%	+10.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.73%	-4.86%	-5.87%
Max Drawdown (3Y) Largest decline over 3 years	-24.74%	-20.79%	-3.95%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.79%	—
Current Drawdown Current decline from peak	-0.34%	0.00%	-0.34%
Average Drawdown Average peak-to-trough decline	-5.23%	-5.53%	+0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	1.51%	+1.53%

Volatility

XZMD.DE vs. USUE.DE - Volatility Comparison

Xtrackers MSCI USA ESG UCITS ETF 1D (XZMD.DE) has a higher volatility of 3.09% compared to UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc (USUE.DE) at 2.84%. This indicates that XZMD.DE's price experiences larger fluctuations and is considered to be riskier than USUE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XZMD.DE	USUE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.09%	2.84%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	8.68%	7.98%	+0.70%
Volatility (1Y) Calculated over the trailing 1-year period	12.69%	11.34%	+1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.03%	14.42%	+1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.03%	17.33%	-1.30%

XZMD.DE vs. USUE.DE - Expense Ratio Comparison

XZMD.DE has a 0.15% expense ratio, which is lower than USUE.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

XZMD.DE vs. USUE.DE - Dividend Comparison

XZMD.DE's dividend yield for the trailing twelve months is around 0.68%, while USUE.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
USUE.DE UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF (USD) Acc	0.00%	0.00%	0.00%	0.00%	0.00%
XZMD.DE Xtrackers MSCI USA ESG UCITS ETF 1D	0.68%	0.81%	0.91%	0.97%	0.58%

Frequently Asked Questions

Can I hold both XZMD.DE and USUE.DE in my portfolio?

XZMD.DE and USUE.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XZMD.DE or USUE.DE?

On fees, XZMD.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XZMD.DE or USUE.DE?

XZMD.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for USUE.DE.

What is the main difference between XZMD.DE and USUE.DE?

XZMD.DE tracks Russell 1000 TR USD, while USUE.DE tracks MSCI USA Select Factor Mix. They also come from different issuers: Xtrackers and UBS. Their fees differ too: 0.15% for XZMD.DE and 0.25% for USUE.DE.