DBXT.DE vs. XDWD.DE
DBXT.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF (Acc)) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - DBXT.DE is a Money Market fund tracking the Solactive €STR +8.5 Daily Index, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, DBXT.DE returned 0.73%/yr vs 13.00%/yr for XDWD.DE. At a 0.05 correlation, their price movements are largely independent. DBXT.DE charges 0.10%/yr vs 0.19%/yr for XDWD.DE.
Performance
DBXT.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXT.DE achieves a 1.02% return, which is significantly lower than XDWD.DE's 12.57% return. Over the past 10 years, DBXT.DE has underperformed XDWD.DE with an annualized return of 0.73%, while XDWD.DE has yielded a comparatively higher 13.00% annualized return.
DBXT.DE
- 1D
- 0.02%
- 1M
- 0.19%
- 6M
- 0.99%
- YTD
- 1.02%
- 1Y
- 1.99%
- 3Y*
- 2.99%
- 5Y*
- 1.99%
- 10Y*
- 0.73%
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%
DBXT.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBXT.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF (Acc) | 1.02% | 2.22% | 3.80% | 3.29% | -0.04% | -0.58% | -0.56% | -0.49% | -0.48% | -0.51% |
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 DBXT.DE and XDWD.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.05 |
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Return for Risk
DBXT.DE vs. XDWD.DE — Risk / Return Rank
DBXT.DE
XDWD.DE
DBXT.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Overnight Rate Swap UCITS ETF (Acc) (DBXT.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.
| DBXT.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.22 | ||
| Sortino ratioReturn per unit of downside risk | +21.77 | ||
| Omega ratioGain probability vs. loss probability | 5.49 | 1.40 | +4.10 |
| Calmar ratioReturn relative to maximum drawdown | 73.33 | 3.82 | +69.51 |
| Martin ratioReturn relative to average drawdown | 349.66 | 15.31 | +334.35 |
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Drawdowns
DBXT.DE vs. XDWD.DE - Drawdown Comparison
The maximum DBXT.DE drawdown since its inception was -4.63%, smaller than the maximum XDWD.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for DBXT.DE and XDWD.DE.
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Drawdown Indicators
| DBXT.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.63% | -33.55% | +28.92% |
Max Drawdown (1Y)Largest decline over 1 year | -0.03% | -6.34% | +6.31% |
Max Drawdown (3Y)Largest decline over 3 years | -0.12% | -21.64% | +21.52% |
Max Drawdown (5Y)Largest decline over 5 years | -1.59% | -21.64% | +20.05% |
Max Drawdown (10Y)Largest decline over 10 years | -4.14% | -33.55% | +29.41% |
Current DrawdownCurrent decline from peak | 0.00% | -0.11% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -0.90% | -4.52% | +3.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 1.58% | -1.57% |
Volatility
DBXT.DE vs. XDWD.DE - Volatility Comparison
The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF (Acc) (DBXT.DE) is 0.06%, while Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) has a volatility of 3.15%. This indicates that DBXT.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
| DBXT.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.06% | 3.15% | -3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 0.14% | 7.97% | -7.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.19% | 11.30% | -11.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.87% | 14.15% | -13.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.13% | 15.09% | -13.96% |
DBXT.DE vs. XDWD.DE - Expense Ratio Comparison
DBXT.DE has a 0.10% 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
DBXT.DE vs. XDWD.DE - Dividend Comparison
Neither DBXT.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXT.DE and XDWD.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXT.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXT.DE is cheaper with a 0.10% expense ratio, compared with 0.19% for XDWD.DE.
DBXT.DE is categorized as Money Market, while XDWD.DE is Global Equities. DBXT.DE tracks Solactive €STR +8.5 Daily Index, while XDWD.DE tracks MSCI World. Their fees differ too: 0.10% for DBXT.DE and 0.19% for XDWD.DE.
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