DBX8.DE vs. XDEW.DE
DBX8.DE (Xtrackers MSCI Korea UCITS ETF 1C) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - DBX8.DE is a South Korea Equities fund tracking the MSCI Korea 20/35 Custom, 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, DBX8.DE returned 14.09%/yr vs 11.05%/yr for XDEW.DE. A 0.51 correlation means they provide meaningful diversification when combined. DBX8.DE charges 0.45%/yr vs 0.20%/yr for XDEW.DE.
Performance
DBX8.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBX8.DE achieves a 77.54% return, which is significantly higher than XDEW.DE's 14.15% return. Over the past 10 years, DBX8.DE has outperformed XDEW.DE with an annualized return of 14.09%, while XDEW.DE has yielded a comparatively lower 11.05% annualized return.
DBX8.DE
- 1D
- -3.38%
- 1M
- -18.25%
- 6M
- 57.58%
- YTD
- 77.54%
- 1Y
- 146.20%
- 3Y*
- 37.72%
- 5Y*
- 15.77%
- 10Y*
- 14.09%
XDEW.DE
- 1D
- -0.02%
- 1M
- 1.80%
- 6M
- 10.18%
- YTD
- 14.15%
- 1Y
- 19.97%
- 3Y*
- 12.88%
- 5Y*
- 9.45%
- 10Y*
- 11.05%
DBX8.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBX8.DE Xtrackers MSCI Korea UCITS ETF 1C | 77.54% | 77.39% | -18.45% | 15.93% | -23.79% | -0.74% | 30.13% | 14.92% | -18.04% | 28.39% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.15% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between DBX8.DE and XDEW.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.51 |
The correlation between DBX8.DE and XDEW.DE shifts across timeframes, from 0.32 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DBX8.DE vs. XDEW.DE — Risk / Return Rank
DBX8.DE
XDEW.DE
DBX8.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Korea UCITS ETF 1C (DBX8.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.
| DBX8.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.34 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 6.52 | 3.93 | +2.59 |
| Martin ratioReturn relative to average drawdown | 20.02 | 12.11 | +7.90 |
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Drawdowns
DBX8.DE vs. XDEW.DE - Drawdown Comparison
The maximum DBX8.DE drawdown since its inception was -72.94%, 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 DBX8.DE and XDEW.DE.
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Drawdown Indicators
| DBX8.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.94% | -38.79% | -34.15% |
Max Drawdown (1Y)Largest decline over 1 year | -22.27% | -5.06% | -17.21% |
Max Drawdown (3Y)Largest decline over 3 years | -30.70% | -22.70% | -8.00% |
Max Drawdown (5Y)Largest decline over 5 years | -40.31% | -22.70% | -17.61% |
Max Drawdown (10Y)Largest decline over 10 years | -41.89% | -38.79% | -3.10% |
Current DrawdownCurrent decline from peak | -22.27% | -0.92% | -21.35% |
Average DrawdownAverage peak-to-trough decline | -21.82% | -5.33% | -16.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.27% | 1.65% | +5.62% |
Volatility
DBX8.DE vs. XDEW.DE - Volatility Comparison
Xtrackers MSCI Korea UCITS ETF 1C (DBX8.DE) has a higher volatility of 19.34% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.73%. This indicates that DBX8.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
| DBX8.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.34% | 2.73% | +16.61% |
Volatility (6M)Calculated over the trailing 6-month period | 39.36% | 6.91% | +32.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.92% | 10.64% | +33.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.55% | 14.91% | +12.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.77% | 16.80% | +8.97% |
DBX8.DE vs. XDEW.DE - Expense Ratio Comparison
DBX8.DE has a 0.45% expense ratio, which is higher than XDEW.DE's 0.20% expense ratio.
Dividends
DBX8.DE vs. XDEW.DE - Dividend Comparison
Neither DBX8.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
DBX8.DE and XDEW.DE have a correlation of 0.32, 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 0.45% for DBX8.DE.
DBX8.DE is categorized as South Korea Equities, while XDEW.DE is S&P 500. DBX8.DE tracks MSCI Korea 20/35 Custom, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.45% for DBX8.DE and 0.20% for XDEW.DE.
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