^GSPC vs. XDWF.DE
^GSPC (S&P 500 Index) is an index, while XDWF.DE (Xtrackers MSCI World Financials UCITS ETF 1C) is Financials Equities fund tracking the MSCI World Financials. Over the past 10 years, ^GSPC returned 13.61%/yr vs 13.01%/yr for XDWF.DE. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
^GSPC vs. XDWF.DE - Performance Comparison
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Different Trading Currencies
^GSPC is traded in USD, while XDWF.DE is traded in EUR. To make them comparable, the XDWF.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ^GSPC achieves a 8.56% return, which is significantly higher than XDWF.DE's 2.03% return. Both investments have delivered pretty close results over the past 10 years, with ^GSPC having a 13.61% annualized return and XDWF.DE not far behind at 13.01%.
^GSPC
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
XDWF.DE
- 1D
- 2.26%
- 1M
- 4.13%
- YTD
- 2.03%
- 6M
- 4.46%
- 1Y
- 16.72%
- 3Y*
- 24.11%
- 5Y*
- 12.65%
- 10Y*
- 13.01%
^GSPC vs. XDWF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^GSPC S&P 500 Index | 8.56% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
XDWF.DE Xtrackers MSCI World Financials UCITS ETF 1C | 2.03% | 30.25% | 26.42% | 15.97% | -10.13% | 28.46% | -3.30% | 26.43% | -17.96% | 23.59% |
Correlation
The correlation between ^GSPC and XDWF.DE is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2010 | 0.54 |
The correlation between ^GSPC and XDWF.DE has been stable across timeframes, ranging from 0.46 to 0.56 - a consistent structural relationship.
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Return for Risk
^GSPC vs. XDWF.DE — Risk / Return Rank
^GSPC
XDWF.DE
^GSPC vs. XDWF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Index (^GSPC) and Xtrackers MSCI World Financials UCITS ETF 1C (XDWF.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.
| ^GSPC | XDWF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.20 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 1.45 | +1.08 |
| Martin ratioReturn relative to average drawdown | 11.37 | 4.74 | +6.63 |
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Drawdowns
^GSPC vs. XDWF.DE - Drawdown Comparison
The maximum ^GSPC drawdown since its inception was -56.78%, roughly equal to the maximum XDWF.DE drawdown of -54.72%. Use the drawdown chart below to compare losses from any high point for ^GSPC and XDWF.DE.
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Drawdown Indicators
| ^GSPC | XDWF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.78% | -54.72% | -2.06% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -11.45% | +2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -18.90% | -16.24% | -2.66% |
Max Drawdown (5Y)Largest decline over 5 years | -25.43% | -27.62% | +2.19% |
Max Drawdown (10Y)Largest decline over 10 years | -33.92% | -43.59% | +9.67% |
Current DrawdownCurrent decline from peak | -2.34% | 0.00% | -2.34% |
Average DrawdownAverage peak-to-trough decline | -10.72% | -14.75% | +4.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 3.52% | -1.50% |
Volatility
^GSPC vs. XDWF.DE - Volatility Comparison
S&P 500 Index (^GSPC) has a higher volatility of 4.43% compared to Xtrackers MSCI World Financials UCITS ETF 1C (XDWF.DE) at 4.11%. This indicates that ^GSPC's price experiences larger fluctuations and is considered to be riskier than XDWF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ^GSPC | XDWF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 4.11% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 11.30% | -1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.38% | 14.33% | -1.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.97% | 17.82% | -0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 20.24% | -2.15% |
Frequently Asked Questions
^GSPC and XDWF.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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