ASWC.DE vs. XDEW.DE
ASWC.DE (HANetf Future of Defence UCITS ETF Acc EUR) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - ASWC.DE is a Aerospace & Defense fund tracking the EQM Future of Defence Index, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past year, ASWC.DE returned 16.90% vs 20.08% for XDEW.DE. A 0.53 correlation means they provide meaningful diversification when combined. ASWC.DE charges 0.49%/yr vs 0.20%/yr for XDEW.DE.
Performance
ASWC.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ASWC.DE achieves a 13.04% return, which is significantly higher than XDEW.DE's 11.42% return.
ASWC.DE
- 1D
- -0.80%
- 1M
- 4.69%
- YTD
- 13.04%
- 6M
- 13.89%
- 1Y
- 16.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDEW.DE
- 1D
- 1.44%
- 1M
- 5.26%
- YTD
- 11.42%
- 6M
- 11.62%
- 1Y
- 20.08%
- 3Y*
- 11.73%
- 5Y*
- 9.29%
- 10Y*
- 11.46%
ASWC.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR | 13.04% | 38.30% | 39.36% | 14.37% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 11.42% | -0.46% | 18.66% | 4.87% |
Correlation
The correlation between ASWC.DE and XDEW.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2023 | 0.53 |
The correlation between ASWC.DE and XDEW.DE shifts across timeframes, from 0.35 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ASWC.DE vs. XDEW.DE — Risk / Return Rank
ASWC.DE
XDEW.DE
ASWC.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Future of Defence UCITS ETF Acc EUR (ASWC.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.
| ASWC.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.33 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 3.92 | -2.57 |
| Martin ratioReturn relative to average drawdown | 3.10 | 11.96 | -8.86 |
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Drawdowns
ASWC.DE vs. XDEW.DE - Drawdown Comparison
The maximum ASWC.DE drawdown since its inception was -12.58%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for ASWC.DE and XDEW.DE.
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Drawdown Indicators
| ASWC.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.58% | -38.79% | +26.21% |
Max Drawdown (1Y)Largest decline over 1 year | -12.58% | -5.06% | -7.52% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.70% | — |
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 | -2.83% | 0.00% | -2.83% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -5.37% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.51% | 1.66% | +3.85% |
Volatility
ASWC.DE vs. XDEW.DE - Volatility Comparison
HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) has a higher volatility of 5.89% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.32%. This indicates that ASWC.DE's price experiences larger fluctuations and is considered to be riskier 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
| ASWC.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.89% | 2.32% | +3.57% |
Volatility (6M)Calculated over the trailing 6-month period | 15.89% | 6.82% | +9.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.35% | 10.80% | +9.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 14.90% | +4.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.11% | 16.84% | +2.27% |
ASWC.DE vs. XDEW.DE - Expense Ratio Comparison
ASWC.DE has a 0.49% expense ratio, which is higher than XDEW.DE's 0.20% expense ratio.
Dividends
ASWC.DE vs. XDEW.DE - Dividend Comparison
Neither ASWC.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
ASWC.DE and XDEW.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEW.DE is cheaper with a 0.20% expense ratio, compared with 0.49% for ASWC.DE.
ASWC.DE is categorized as Aerospace & Defense, while XDEW.DE is S&P 500. ASWC.DE tracks EQM Future of Defence Index, while XDEW.DE tracks S&P 500 Equal Weight Index. They also come from different issuers: HANetf and Xtrackers. Their fees differ too: 0.49% for ASWC.DE and 0.20% for XDEW.DE.
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