XZMU.DE vs. VUG

Last updated Jun 5, 2026

XZMU.DE (Xtrackers MSCI USA ESG UCITS ETF 1C) and VUG (Vanguard Growth ETF) are both exchange-traded funds - XZMU.DE is a Large Cap Blend Equities fund tracking the MSCI USA Low Carbon SRI Leaders, while VUG is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Both are passively managed. Over the past 5 years, XZMU.DE returned 14.63%/yr vs 16.24%/yr for VUG. A 0.57 correlation means they provide meaningful diversification when combined. XZMU.DE charges 0.15%/yr vs 0.03%/yr for VUG.

Performance

XZMU.DE vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI USA ESG UCITS ETF 1C (XZMU.DE) and Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XZMU.DE is traded in EUR, while VUG is traded in USD. To make them comparable, the VUG values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XZMU.DE achieves a 8.21% return, which is significantly lower than VUG's 11.03% 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*: —

VUG

• 1D: 0.12%
• 1M: 6.46%
• YTD: 11.03%
• 6M: 9.29%
• 1Y: 25.57%
• 3Y*: 22.75%
• 5Y*: 16.24%
• 10Y*: 17.99%

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

XZMU.DE vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XZMU.DE Xtrackers MSCI USA ESG UCITS ETF 1C	8.21%	5.12%	32.57%	26.56%	-17.86%	45.90%	9.13%	36.81%	-5.06%
VUG Vanguard Growth ETF	11.03%	5.23%	41.45%	42.43%	-29.02%	36.87%	28.69%	40.13%	-4.23%

Correlation

The correlation between XZMU.DE and VUG 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	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since Nov 21, 2018	0.57

The correlation between XZMU.DE and VUG has been stable across timeframes, ranging from 0.57 to 0.66 - a consistent structural relationship.

Return for Risk

XZMU.DE vs. VUG — Risk / Return Rank

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

XZMU.DE

XZMU.DE Risk / Return Rank: 51
XZMU.DE Sharpe Ratio Rank: 55
XZMU.DE Sortino Ratio Rank: 53
XZMU.DE Omega Ratio Rank: 54
XZMU.DE Calmar Ratio Rank: 44
XZMU.DE Martin Ratio Rank: 47

VUG

VUG Risk / Return Rank: 45
VUG Sharpe Ratio Rank: 52
VUG Sortino Ratio Rank: 50
VUG Omega Ratio Rank: 50
VUG Calmar Ratio Rank: 35
VUG Martin Ratio Rank: 39

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.

XZMU.DE vs. VUG - 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 Vanguard Growth ETF (VUG). 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	VUG	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.59	+0.24
Sortino ratio: Return per unit of downside risk	2.52	2.10	+0.42
Omega ratio: Gain probability vs. loss probability	1.33	1.28	+0.05
Calmar ratio: Return relative to maximum drawdown	2.16	1.63	+0.52
Martin ratio: Return relative to average drawdown	7.62	4.93	+2.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XZMU.DE vs. VUG - Sharpe Ratio Comparison

The current XZMU.DE Sharpe Ratio is 1.84, which is comparable to the VUG Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of XZMU.DE and VUG, 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

	XZMU.DE	VUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	1.59	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	0.75	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.68	+0.26

Drawdowns

XZMU.DE vs. VUG - Drawdown Comparison

The maximum XZMU.DE drawdown since its inception was -33.82%, smaller than the maximum VUG drawdown of -44.50%. Use the drawdown chart below to compare losses from any high point for XZMU.DE and VUG.

Drawdown Indicators

	XZMU.DE	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-33.82%	-44.50%	+10.68%
Max Drawdown (1Y) Largest decline over 1 year	-10.82%	-15.71%	+4.89%
Max Drawdown (3Y) Largest decline over 3 years	-24.76%	-27.44%	+2.68%
Max Drawdown (5Y) Largest decline over 5 years	-24.76%	-31.45%	+6.69%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.83%	—
Current Drawdown Current decline from peak	-0.48%	-1.08%	+0.60%
Average Drawdown Average peak-to-trough decline	-5.40%	-7.85%	+2.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	5.20%	-2.13%

Volatility

XZMU.DE vs. VUG - Volatility Comparison

The current volatility for Xtrackers MSCI USA ESG UCITS ETF 1C (XZMU.DE) is 3.08%, while Vanguard Growth ETF (VUG) has a volatility of 3.26%. This indicates that XZMU.DE experiences smaller price fluctuations and is considered to be less risky than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XZMU.DE	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.08%	3.26%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	11.56%	-2.69%
Volatility (1Y) Calculated over the trailing 1-year period	12.73%	16.11%	-3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	21.87%	-5.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.89%	21.73%	-3.84%

XZMU.DE vs. VUG - Expense Ratio Comparison

XZMU.DE has a 0.15% expense ratio, which is higher than VUG's 0.03% 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. VUG - Dividend Comparison

XZMU.DE has not paid dividends to shareholders, while VUG's dividend yield for the trailing twelve months is around 0.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VUG Vanguard Growth ETF	0.37%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%
XZMU.DE Xtrackers MSCI USA ESG UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XZMU.DE and VUG in my portfolio?

XZMU.DE and VUG 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, XZMU.DE or VUG?

On fees, VUG is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XZMU.DE or VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.15% for XZMU.DE.

What is the main difference between XZMU.DE and VUG?

XZMU.DE is categorized as Large Cap Blend Equities, while VUG is Large Cap Growth Equities. XZMU.DE tracks MSCI USA Low Carbon SRI Leaders, while VUG tracks CRSP US Large Cap Growth Index. They also come from different issuers: Xtrackers and Vanguard. Their fees differ too: 0.15% for XZMU.DE and 0.03% for VUG.