XZMU.DE vs. CSY2.DE
XZMU.DE (Xtrackers MSCI USA ESG UCITS ETF 1C) and CSY2.DE (CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD) are both Large Cap Blend Equities funds - XZMU.DE tracks the MSCI USA Low Carbon SRI Leaders while CSY2.DE tracks the MSCI USA ESG Leaders. Both are passively managed. Over the past 5 years, XZMU.DE returned 14.63%/yr vs 14.65%/yr for CSY2.DE. With a 0.96 correlation, they move nearly in lockstep. XZMU.DE charges 0.15%/yr vs 0.10%/yr for CSY2.DE.
Performance
XZMU.DE vs. CSY2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZMU.DE achieves a 8.21% return, which is significantly lower than CSY2.DE's 10.74% return.
XZMU.DE
- 1D
- 0.69%
- 1M
- 5.33%
- YTD
- 8.21%
- 6M
- 9.17%
- 1Y
- 23.46%
- 3Y*
- 18.71%
- 5Y*
- 14.63%
- 10Y*
- —
CSY2.DE
- 1D
- 0.76%
- 1M
- 5.76%
- YTD
- 10.74%
- 6M
- 11.43%
- 1Y
- 26.36%
- 3Y*
- 19.25%
- 5Y*
- 14.65%
- 10Y*
- —
XZMU.DE vs. CSY2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XZMU.DE Xtrackers MSCI USA ESG UCITS ETF 1C | 8.21% | 5.12% | 32.57% | 26.56% | -17.86% | 45.90% | 36.35% |
CSY2.DE CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD | 10.74% | 6.30% | 30.42% | 25.14% | -16.59% | 44.53% | 36.31% |
Correlation
The correlation between XZMU.DE and CSY2.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2020 | 0.96 |
The correlation between XZMU.DE and CSY2.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
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Return for Risk
XZMU.DE vs. CSY2.DE — Risk / Return Rank
XZMU.DE
CSY2.DE
XZMU.DE vs. CSY2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA ESG UCITS ETF 1C (XZMU.DE) and CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD (CSY2.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.
| XZMU.DE | CSY2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.38 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 2.87 | -0.71 |
| Martin ratioReturn relative to average drawdown | 7.62 | 10.08 | -2.46 |
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
| XZMU.DE | CSY2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 2.10 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.90 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 1.18 | -0.24 |
Drawdowns
XZMU.DE vs. CSY2.DE - Drawdown Comparison
The maximum XZMU.DE drawdown since its inception was -33.82%, which is greater than CSY2.DE's maximum drawdown of -24.56%. Use the drawdown chart below to compare losses from any high point for XZMU.DE and CSY2.DE.
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Drawdown Indicators
| XZMU.DE | CSY2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.82% | -24.56% | -9.26% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -9.14% | -1.68% |
Max Drawdown (3Y)Largest decline over 3 years | -24.76% | -24.56% | -0.20% |
Max Drawdown (5Y)Largest decline over 5 years | -24.76% | -24.56% | -0.20% |
Current DrawdownCurrent decline from peak | -0.48% | -0.02% | -0.46% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -4.64% | -0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 2.61% | +0.46% |
Volatility
XZMU.DE vs. CSY2.DE - Volatility Comparison
Xtrackers MSCI USA ESG UCITS ETF 1C (XZMU.DE) and CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B USD (CSY2.DE) have volatilities of 3.08% and 3.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZMU.DE | CSY2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 3.21% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 8.87% | 8.56% | +0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.73% | 12.52% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 16.24% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.89% | 17.19% | +0.70% |
XZMU.DE vs. CSY2.DE - Expense Ratio Comparison
XZMU.DE has a 0.15% expense ratio, which is higher than CSY2.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
XZMU.DE vs. CSY2.DE - Dividend Comparison
Neither XZMU.DE nor CSY2.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, XZMU.DE and CSY2.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, CSY2.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSY2.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for XZMU.DE.
XZMU.DE tracks MSCI USA Low Carbon SRI Leaders, while CSY2.DE tracks MSCI USA ESG Leaders. They also come from different issuers: Xtrackers and Credit Suisse. Their fees differ too: 0.15% for XZMU.DE and 0.10% for CSY2.DE.
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