XZSP.DE vs. XDEW.DE
XZSP.DE (Xtrackers S&P 500 ESG UCITS ETF 1C) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both S&P 500 funds from Xtrackers - XZSP.DE tracks the S&P 500 ESG while XDEW.DE tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past 3 years, XZSP.DE returned 18.98%/yr vs 12.88%/yr for XDEW.DE. A 0.75 correlation means they provide meaningful diversification when combined. XZSP.DE charges 0.08%/yr vs 0.20%/yr for XDEW.DE.
Performance
XZSP.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZSP.DE achieves a 12.62% return, which is significantly lower than XDEW.DE's 14.15% return.
XZSP.DE
- 1D
- 0.00%
- 1M
- 0.40%
- 6M
- 11.64%
- YTD
- 12.62%
- 1Y
- 25.47%
- 3Y*
- 18.98%
- 5Y*
- —
- 10Y*
- —
XDEW.DE
- 1D
- -0.02%
- 1M
- 1.80%
- 6M
- 10.18%
- YTD
- 14.15%
- 1Y
- 19.97%
- 3Y*
- 12.88%
- 5Y*
- 9.45%
- 10Y*
- 11.05%
XZSP.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XZSP.DE Xtrackers S&P 500 ESG UCITS ETF 1C | 12.62% | 5.34% | 31.24% | 23.89% | -9.05% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.15% | -0.46% | 18.66% | 10.08% | -5.12% |
Correlation
The correlation between XZSP.DE and XDEW.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 | 0.73 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2022 | 0.75 |
The correlation between XZSP.DE and XDEW.DE has been stable across timeframes, ranging from 0.66 to 0.75 - a consistent structural relationship.
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Return for Risk
XZSP.DE vs. XDEW.DE — Risk / Return Rank
XZSP.DE
XDEW.DE
XZSP.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
| XZSP.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.34 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 3.93 | -2.42 |
| Martin ratioReturn relative to average drawdown | 2.77 | 12.11 | -9.34 |
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Drawdowns
XZSP.DE vs. XDEW.DE - Drawdown Comparison
The maximum XZSP.DE drawdown since its inception was -23.40%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XZSP.DE and XDEW.DE.
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Drawdown Indicators
| XZSP.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.40% | -38.79% | +15.39% |
Max Drawdown (1Y)Largest decline over 1 year | -16.81% | -5.06% | -11.75% |
Max Drawdown (3Y)Largest decline over 3 years | -23.40% | -22.70% | -0.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.79% | — |
Current DrawdownCurrent decline from peak | -1.36% | -0.92% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -5.00% | -5.33% | +0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.19% | 1.65% | +7.54% |
Volatility
XZSP.DE vs. XDEW.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 ESG UCITS ETF 1C (XZSP.DE) is 2.46%, while Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) has a volatility of 2.73%. This indicates that XZSP.DE experiences smaller price fluctuations and is considered to be less risky than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZSP.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.46% | 2.73% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 6.91% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.63% | 10.64% | +13.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.30% | 14.91% | +3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.30% | 16.80% | +1.50% |
XZSP.DE vs. XDEW.DE - Expense Ratio Comparison
XZSP.DE has a 0.08% expense ratio, which is lower than XDEW.DE's 0.20% 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
XZSP.DE vs. XDEW.DE - Dividend Comparison
Neither XZSP.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
XZSP.DE and XDEW.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.
On fees, XZSP.DE is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZSP.DE is cheaper with a 0.08% expense ratio, compared with 0.20% for XDEW.DE.
XZSP.DE tracks S&P 500 ESG, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.08% for XZSP.DE and 0.20% for XDEW.DE.
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