ZA30.DE vs. XZEW.DE
ZA30.DE (iShares S&P 500 ESG UCITS ETF USD Acc) and XZEW.DE (Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C) are both S&P 500 funds - ZA30.DE tracks the S&P 500 ESG while XZEW.DE tracks the S&P 500 Equal Weight ESG. Both are passively managed. Over the past 3 years, ZA30.DE returned 18.54%/yr vs 12.65%/yr for XZEW.DE. A 0.75 correlation means they provide meaningful diversification when combined. ZA30.DE charges 0.07%/yr vs 0.17%/yr for XZEW.DE.
Performance
ZA30.DE vs. XZEW.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ZA30.DE having a 11.16% return and XZEW.DE slightly lower at 10.78%.
ZA30.DE
- 1D
- 0.60%
- 1M
- 4.14%
- YTD
- 11.16%
- 6M
- 11.11%
- 1Y
- 28.45%
- 3Y*
- 18.54%
- 5Y*
- —
- 10Y*
- —
XZEW.DE
- 1D
- 0.38%
- 1M
- 3.74%
- YTD
- 10.78%
- 6M
- 11.14%
- 1Y
- 21.89%
- 3Y*
- 12.65%
- 5Y*
- —
- 10Y*
- —
ZA30.DE vs. XZEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ZA30.DE iShares S&P 500 ESG UCITS ETF USD Acc | 11.16% | 5.34% | 31.19% | 24.10% | -4.45% |
XZEW.DE Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C | 10.78% | 1.09% | 18.02% | 10.63% | -3.60% |
Correlation
The correlation between ZA30.DE and XZEW.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | 0.75 |
The correlation between ZA30.DE and XZEW.DE has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.
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Return for Risk
ZA30.DE vs. XZEW.DE — Risk / Return Rank
ZA30.DE
XZEW.DE
ZA30.DE vs. XZEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 ESG UCITS ETF USD Acc (ZA30.DE) and Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.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.
| ZA30.DE | XZEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.35 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.12 | 4.33 | -0.21 |
| Martin ratioReturn relative to average drawdown | 15.63 | 12.75 | +2.88 |
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
| ZA30.DE | XZEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 1.98 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.18 | 0.74 | +0.44 |
Drawdowns
ZA30.DE vs. XZEW.DE - Drawdown Comparison
The maximum ZA30.DE drawdown since its inception was -23.45%, roughly equal to the maximum XZEW.DE drawdown of -23.98%. Use the drawdown chart below to compare losses from any high point for ZA30.DE and XZEW.DE.
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Drawdown Indicators
| ZA30.DE | XZEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.45% | -23.98% | +0.53% |
Max Drawdown (1Y)Largest decline over 1 year | -6.91% | -5.00% | -1.91% |
Max Drawdown (3Y)Largest decline over 3 years | -23.45% | -23.98% | +0.53% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -4.76% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 1.70% | +0.13% |
Volatility
ZA30.DE vs. XZEW.DE - Volatility Comparison
iShares S&P 500 ESG UCITS ETF USD Acc (ZA30.DE) has a higher volatility of 2.73% compared to Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) at 2.12%. This indicates that ZA30.DE's price experiences larger fluctuations and is considered to be riskier than XZEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZA30.DE | XZEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 2.12% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 7.54% | 6.92% | +0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.54% | 10.93% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 13.97% | +0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.38% | 13.97% | +0.41% |
ZA30.DE vs. XZEW.DE - Expense Ratio Comparison
ZA30.DE has a 0.07% expense ratio, which is lower than XZEW.DE's 0.17% 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
ZA30.DE vs. XZEW.DE - Dividend Comparison
Neither ZA30.DE nor XZEW.DE has paid dividends to shareholders.
Frequently Asked Questions
ZA30.DE and XZEW.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZA30.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZA30.DE is cheaper with a 0.07% expense ratio, compared with 0.17% for XZEW.DE.
ZA30.DE tracks S&P 500 ESG, while XZEW.DE tracks S&P 500 Equal Weight ESG. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.07% for ZA30.DE and 0.17% for XZEW.DE.
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