DBPE.DE vs. LVWC.DE

Last updated Jul 4, 2026

DBPE.DE (Xtrackers LevDAX Daily Swap UCITS ETF (Acc)) and LVWC.DE (Amundi MSCI World 2x Leveraged UCITS ETF) are both Leveraged Equities funds - DBPE.DE tracks the LevDAX (2x) Index while LVWC.DE tracks the MSCI World Leveraged 2x Daily Net Index. Both are passively managed. A 0.80 correlation means they provide meaningful diversification when combined. DBPE.DE charges 0.35%/yr vs 0.60%/yr for LVWC.DE.

Performance

DBPE.DE vs. LVWC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers LevDAX Daily Swap UCITS ETF (Acc) (DBPE.DE) and Amundi MSCI World 2x Leveraged UCITS ETF (LVWC.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DBPE.DE achieves a 6.63% return, which is significantly lower than LVWC.DE's 18.90% return.

DBPE.DE

• 1D: 1.50%
• 1M: 7.49%
• 6M: 6.44%
• YTD: 6.63%
• 1Y: 8.95%
• 3Y*: 28.07%
• 5Y*: 14.53%
• 10Y*: 15.53%

LVWC.DE

• 1D: 0.60%
• 1M: 1.00%
• 6M: 19.95%
• YTD: 18.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBPE.DE vs. LVWC.DE - Yearly Performance Comparison

	2026 (YTD)	2025
DBPE.DE Xtrackers LevDAX Daily Swap UCITS ETF (Acc)	6.63%	-1.90%
LVWC.DE Amundi MSCI World 2x Leveraged UCITS ETF	18.90%	2.33%

Correlation

The correlation between DBPE.DE and LVWC.DE is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.80

Return for Risk

DBPE.DE vs. LVWC.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DBPE.DE

DBPE.DE Risk / Return Rank: 14
DBPE.DE Sharpe Ratio Rank: 13
DBPE.DE Sortino Ratio Rank: 14
DBPE.DE Omega Ratio Rank: 14
DBPE.DE Calmar Ratio Rank: 13
DBPE.DE Martin Ratio Rank: 14

LVWC.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DBPE.DE vs. LVWC.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers LevDAX Daily Swap UCITS ETF (Acc) (DBPE.DE) and Amundi MSCI World 2x Leveraged UCITS ETF (LVWC.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.

	DBPE.DE	LVWC.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.28	—	—
Sortino ratio: Return per unit of downside risk	0.63	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	0.37	—	—
Martin ratio: Return relative to average drawdown	1.03	—	—

Drawdowns

DBPE.DE vs. LVWC.DE - Drawdown Comparison

The maximum DBPE.DE drawdown since its inception was -64.87%, which is greater than LVWC.DE's maximum drawdown of -14.47%. Use the drawdown chart below to compare losses from any high point for DBPE.DE and LVWC.DE.

Drawdown Indicators

	DBPE.DE	LVWC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-64.87%	-14.47%	-50.40%
Max Drawdown (1Y) Largest decline over 1 year	-24.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-48.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.87%	—	—
Current Drawdown Current decline from peak	-0.61%	-0.07%	-0.54%
Average Drawdown Average peak-to-trough decline	-16.48%	-2.91%	-13.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.68%	—	—

Volatility

Volatility by Period

	DBPE.DE	LVWC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.14%	24.01%	+8.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.31%	24.01%	+10.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.19%	24.01%	+12.18%

DBPE.DE vs. LVWC.DE - Expense Ratio Comparison

DBPE.DE has a 0.35% expense ratio, which is lower than LVWC.DE's 0.60% expense ratio.

Dividends

DBPE.DE vs. LVWC.DE - Dividend Comparison

Neither DBPE.DE nor LVWC.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DBPE.DE and LVWC.DE in my portfolio?

DBPE.DE and LVWC.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DBPE.DE or LVWC.DE?

On fees, DBPE.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DBPE.DE or LVWC.DE?

DBPE.DE is cheaper with a 0.35% expense ratio, compared with 0.60% for LVWC.DE.

What is the main difference between DBPE.DE and LVWC.DE?

DBPE.DE tracks LevDAX (2x) Index, while LVWC.DE tracks MSCI World Leveraged 2x Daily Net Index. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.35% for DBPE.DE and 0.60% for LVWC.DE.