DBXG.DE vs. XDWD.DE
DBXG.DE (Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc)) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - DBXG.DE is a Government Bonds fund tracking the iBoxx EUR Eurozone 25+ Index, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, DBXG.DE returned -3.94%/yr vs 13.00%/yr for XDWD.DE. At a correlation of -0.02, they often move in opposite directions. DBXG.DE charges 0.15%/yr vs 0.19%/yr for XDWD.DE.
Performance
DBXG.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXG.DE achieves a 1.36% return, which is significantly lower than XDWD.DE's 12.57% return. Over the past 10 years, DBXG.DE has underperformed XDWD.DE with an annualized return of -3.94%, while XDWD.DE has yielded a comparatively higher 13.00% annualized return.
DBXG.DE
- 1D
- -0.30%
- 1M
- 0.94%
- 6M
- 2.61%
- YTD
- 1.36%
- 1Y
- -3.17%
- 3Y*
- -1.97%
- 5Y*
- -10.45%
- 10Y*
- -3.94%
XDWD.DE
- 1D
- 0.32%
- 1M
- 1.49%
- 6M
- 12.36%
- YTD
- 12.57%
- 1Y
- 24.32%
- 3Y*
- 17.54%
- 5Y*
- 12.27%
- 10Y*
- 13.00%
DBXG.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBXG.DE Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) | 1.36% | -9.41% | -3.96% | 9.47% | -40.42% | -9.69% | 16.29% | 21.12% | 4.90% | -2.36% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 12.57% | 7.85% | 25.98% | 20.19% | -13.68% | 32.75% | 5.47% | 31.26% | -4.94% | 7.84% |
Correlation
The correlation between DBXG.DE and XDWD.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 | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | -0.02 |
The correlation between DBXG.DE and XDWD.DE shifts across timeframes, from -0.02 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DBXG.DE vs. XDWD.DE — Risk / Return Rank
DBXG.DE
XDWD.DE
DBXG.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) (DBXG.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.
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.
| DBXG.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | -3.30 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.40 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 3.82 | -4.29 |
| Martin ratioReturn relative to average drawdown | -0.90 | 15.31 | -16.21 |
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Drawdowns
DBXG.DE vs. XDWD.DE - Drawdown Comparison
The maximum DBXG.DE drawdown since its inception was -53.51%, 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 DBXG.DE and XDWD.DE.
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Drawdown Indicators
| DBXG.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.51% | -33.55% | -19.96% |
Max Drawdown (1Y)Largest decline over 1 year | -6.77% | -6.34% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -21.64% | +4.02% |
Max Drawdown (5Y)Largest decline over 5 years | -51.05% | -21.64% | -29.41% |
Max Drawdown (10Y)Largest decline over 10 years | -53.51% | -33.55% | -19.96% |
Current DrawdownCurrent decline from peak | -48.73% | -0.11% | -48.62% |
Average DrawdownAverage peak-to-trough decline | -16.05% | -4.52% | -11.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 1.58% | +1.84% |
Volatility
DBXG.DE vs. XDWD.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond 25+ UCITS ETF (Acc) (DBXG.DE) is 2.60%, while Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) has a volatility of 3.15%. This indicates that DBXG.DE experiences smaller price fluctuations and is considered to be less risky 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
| DBXG.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 3.15% | -0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 8.34% | 7.97% | +0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.03% | 11.30% | -0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.72% | 14.15% | +3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 15.09% | +0.08% |
DBXG.DE vs. XDWD.DE - Expense Ratio Comparison
DBXG.DE has a 0.15% expense ratio, which is lower than XDWD.DE's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DBXG.DE vs. XDWD.DE - Dividend Comparison
Neither DBXG.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXG.DE and XDWD.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, DBXG.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXG.DE is cheaper with a 0.15% expense ratio, compared with 0.19% for XDWD.DE.
DBXG.DE is categorized as Government Bonds, while XDWD.DE is Global Equities. DBXG.DE tracks iBoxx EUR Eurozone 25+ Index, while XDWD.DE tracks MSCI World. Their fees differ too: 0.15% for DBXG.DE and 0.19% for XDWD.DE.
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