DBX3.DE vs. XDWD.DE
DBX3.DE (Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - DBX3.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America Low Carbon SRI Leaders, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, DBX3.DE returned 4.77%/yr vs 12.83%/yr for XDWD.DE. A 0.51 correlation means they provide meaningful diversification when combined. DBX3.DE charges 0.40%/yr vs 0.19%/yr for XDWD.DE.
Performance
DBX3.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBX3.DE achieves a 9.35% return, which is significantly lower than XDWD.DE's 10.91% return. Over the past 10 years, DBX3.DE has underperformed XDWD.DE with an annualized return of 4.77%, while XDWD.DE has yielded a comparatively higher 12.83% annualized return.
DBX3.DE
- 1D
- -1.65%
- 1M
- -7.09%
- YTD
- 9.35%
- 6M
- 7.34%
- 1Y
- 24.77%
- 3Y*
- 7.78%
- 5Y*
- 5.42%
- 10Y*
- 4.77%
XDWD.DE
- 1D
- -0.01%
- 1M
- 4.72%
- YTD
- 10.91%
- 6M
- 11.37%
- 1Y
- 23.85%
- 3Y*
- 17.56%
- 5Y*
- 12.89%
- 10Y*
- 12.83%
DBX3.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBX3.DE Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C | 9.35% | 40.51% | -24.96% | 22.19% | 12.46% | -15.09% | -21.52% | 21.36% | -3.41% | 7.06% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 10.91% | 7.85% | 25.98% | 20.18% | -13.67% | 32.74% | 5.48% | 31.27% | -4.94% | 7.84% |
Correlation
The correlation between DBX3.DE and XDWD.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2014 | 0.51 |
The correlation between DBX3.DE and XDWD.DE shifts across timeframes, from 0.40 (3 years) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DBX3.DE vs. XDWD.DE — Risk / Return Rank
DBX3.DE
XDWD.DE
DBX3.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C (DBX3.DE) and Xtrackers MSCI World UCITS ETF 1C (XDWD.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.
| DBX3.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.40 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 3.63 | -1.36 |
| Martin ratioReturn relative to average drawdown | 6.68 | 14.44 | -7.77 |
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
| DBX3.DE | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 2.14 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.90 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.84 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.78 | -0.74 |
Drawdowns
DBX3.DE vs. XDWD.DE - Drawdown Comparison
The maximum DBX3.DE drawdown since its inception was -60.04%, which is greater than XDWD.DE's maximum drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for DBX3.DE and XDWD.DE.
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Drawdown Indicators
| DBX3.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.04% | -33.55% | -26.49% |
Max Drawdown (1Y)Largest decline over 1 year | -10.84% | -6.54% | -4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -25.40% | -21.64% | -3.76% |
Max Drawdown (5Y)Largest decline over 5 years | -26.43% | -21.64% | -4.79% |
Max Drawdown (10Y)Largest decline over 10 years | -51.11% | -33.55% | -17.56% |
Current DrawdownCurrent decline from peak | -10.84% | -0.33% | -10.51% |
Average DrawdownAverage peak-to-trough decline | -25.10% | -4.55% | -20.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.70% | 1.65% | +2.05% |
Volatility
DBX3.DE vs. XDWD.DE - Volatility Comparison
Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C (DBX3.DE) has a higher volatility of 5.54% compared to Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) at 2.60%. This indicates that DBX3.DE's price experiences larger fluctuations and is considered to be riskier than XDWD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBX3.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 2.60% | +2.94% |
Volatility (6M)Calculated over the trailing 6-month period | 15.63% | 7.77% | +7.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.50% | 11.12% | +7.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.41% | 14.13% | +7.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.58% | 15.16% | +10.42% |
DBX3.DE vs. XDWD.DE - Expense Ratio Comparison
DBX3.DE has a 0.40% expense ratio, which is higher than XDWD.DE's 0.19% expense ratio.
Dividends
DBX3.DE vs. XDWD.DE - Dividend Comparison
Neither DBX3.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
DBX3.DE and XDWD.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDWD.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWD.DE is cheaper with a 0.19% expense ratio, compared with 0.40% for DBX3.DE.
DBX3.DE is categorized as Latin America Equities, while XDWD.DE is Global Equities. DBX3.DE tracks MSCI Emerging Markets Latin America Low Carbon SRI Leaders, while XDWD.DE tracks MSCI World. Their fees differ too: 0.40% for DBX3.DE and 0.19% for XDWD.DE.
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