DBPD.DE vs. XDEW.DE
DBPD.DE (Xtrackers ShortDAX x2 Daily Swap UCITS ETF (Acc)) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - DBPD.DE is a Inverse Equities fund tracking the ShortDAX Leverage (2x) 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 10 years, DBPD.DE returned -22.88%/yr vs 11.04%/yr for XDEW.DE. At a correlation of -0.66, they often move in opposite directions. DBPD.DE charges 0.60%/yr vs 0.20%/yr for XDEW.DE.
Performance
DBPD.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBPD.DE achieves a -4.38% return, which is significantly lower than XDEW.DE's 14.50% return. Over the past 10 years, DBPD.DE has underperformed XDEW.DE with an annualized return of -22.88%, while XDEW.DE has yielded a comparatively higher 11.04% annualized return.
DBPD.DE
- 1D
- 0.73%
- 1M
- 0.95%
- 6M
- 1.49%
- YTD
- -4.38%
- 1Y
- -4.76%
- 3Y*
- -23.21%
- 5Y*
- -19.24%
- 10Y*
- -22.88%
XDEW.DE
- 1D
- -0.34%
- 1M
- 2.32%
- 6M
- 9.75%
- YTD
- 14.50%
- 1Y
- 19.87%
- 3Y*
- 12.62%
- 5Y*
- 9.52%
- 10Y*
- 11.04%
DBPD.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBPD.DE Xtrackers ShortDAX x2 Daily Swap UCITS ETF (Acc) | -4.38% | -35.14% | -23.51% | -28.08% | 9.77% | -31.09% | -33.90% | -40.89% | 36.84% | -25.87% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.50% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between DBPD.DE and XDEW.DE is -0.54, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.65 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | -0.66 |
The correlation between DBPD.DE and XDEW.DE shifts across timeframes, from -0.66 (all time) to -0.52 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
DBPD.DE vs. XDEW.DE — Risk / Return Rank
DBPD.DE
XDEW.DE
DBPD.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ShortDAX x2 Daily Swap UCITS ETF (Acc) (DBPD.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.
| DBPD.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.10 | ||
| Sortino ratioReturn per unit of downside risk | -2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.35 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 3.91 | -4.09 |
| Martin ratioReturn relative to average drawdown | -0.38 | 12.05 | -12.43 |
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Drawdowns
DBPD.DE vs. XDEW.DE - Drawdown Comparison
The maximum DBPD.DE drawdown since its inception was -99.15%, which is greater than XDEW.DE's maximum drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for DBPD.DE and XDEW.DE.
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Drawdown Indicators
| DBPD.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.15% | -38.79% | -60.36% |
Max Drawdown (1Y)Largest decline over 1 year | -26.26% | -5.06% | -21.20% |
Max Drawdown (3Y)Largest decline over 3 years | -65.61% | -22.70% | -42.91% |
Max Drawdown (5Y)Largest decline over 5 years | -76.96% | -22.70% | -54.26% |
Max Drawdown (10Y)Largest decline over 10 years | -92.89% | -38.79% | -54.10% |
Current DrawdownCurrent decline from peak | -99.08% | -0.61% | -98.47% |
Average DrawdownAverage peak-to-trough decline | -82.66% | -5.33% | -77.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.43% | 1.65% | +10.78% |
Volatility
DBPD.DE vs. XDEW.DE - Volatility Comparison
Xtrackers ShortDAX x2 Daily Swap UCITS ETF (Acc) (DBPD.DE) has a higher volatility of 9.36% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.81%. This indicates that DBPD.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
| DBPD.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.36% | 2.81% | +6.55% |
Volatility (6M)Calculated over the trailing 6-month period | 27.34% | 6.82% | +20.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.43% | 10.43% | +22.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.33% | 14.90% | +19.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.18% | 16.80% | +19.38% |
DBPD.DE vs. XDEW.DE - Expense Ratio Comparison
DBPD.DE has a 0.60% expense ratio, which is higher than XDEW.DE's 0.20% expense ratio.
Dividends
DBPD.DE vs. XDEW.DE - Dividend Comparison
Neither DBPD.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
DBPD.DE and XDEW.DE have a correlation of -0.54, 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 0.60% for DBPD.DE.
DBPD.DE is categorized as Inverse Equities, while XDEW.DE is S&P 500. DBPD.DE tracks ShortDAX Leverage (2x) Index, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.60% for DBPD.DE and 0.20% for XDEW.DE.
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