DBXW.DE vs. XDWD.DE
DBXW.DE (Xtrackers MSCI World Swap UCITS ETF 1C) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both Global Equities funds from Xtrackers tracking the MSCI World. Both are passively managed. Over the past 10 years, DBXW.DE returned 12.75%/yr vs 12.83%/yr for XDWD.DE. With a 0.99 correlation, they move nearly in lockstep. DBXW.DE charges 0.45%/yr vs 0.19%/yr for XDWD.DE.
Performance
DBXW.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with DBXW.DE having a 10.90% return and XDWD.DE slightly higher at 10.91%. Both investments have delivered pretty close results over the past 10 years, with DBXW.DE having a 12.75% annualized return and XDWD.DE not far ahead at 12.83%.
DBXW.DE
- 1D
- -0.01%
- 1M
- 4.86%
- YTD
- 10.90%
- 6M
- 11.35%
- 1Y
- 23.71%
- 3Y*
- 17.46%
- 5Y*
- 12.79%
- 10Y*
- 12.75%
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%
DBXW.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBXW.DE Xtrackers MSCI World Swap UCITS ETF 1C | 10.90% | 7.77% | 25.74% | 20.10% | -13.86% | 32.72% | 5.42% | 31.34% | -4.85% | 7.73% |
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 DBXW.DE and XDWD.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2014 | 0.99 |
The correlation between DBXW.DE and XDWD.DE has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
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Return for Risk
DBXW.DE vs. XDWD.DE — Risk / Return Rank
DBXW.DE
XDWD.DE
DBXW.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Swap UCITS ETF 1C (DBXW.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.
| DBXW.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.40 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 3.63 | -0.05 |
| Martin ratioReturn relative to average drawdown | 14.33 | 14.44 | -0.12 |
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
| DBXW.DE | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 2.14 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.90 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.84 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.78 | -0.29 |
Drawdowns
DBXW.DE vs. XDWD.DE - Drawdown Comparison
The maximum DBXW.DE drawdown since its inception was -53.36%, 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 DBXW.DE and XDWD.DE.
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Drawdown Indicators
| DBXW.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.36% | -33.55% | -19.81% |
Max Drawdown (1Y)Largest decline over 1 year | -6.59% | -6.54% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -21.66% | -21.64% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -21.66% | -21.64% | -0.02% |
Max Drawdown (10Y)Largest decline over 10 years | -33.81% | -33.55% | -0.26% |
Current DrawdownCurrent decline from peak | -0.32% | -0.33% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -9.48% | -4.55% | -4.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 1.65% | 0.00% |
Volatility
DBXW.DE vs. XDWD.DE - Volatility Comparison
Xtrackers MSCI World Swap UCITS ETF 1C (DBXW.DE) and Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) have volatilities of 2.60% and 2.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXW.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 2.60% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 7.73% | 7.77% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 11.12% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.02% | 14.13% | +0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.54% | 15.16% | +0.38% |
DBXW.DE vs. XDWD.DE - Expense Ratio Comparison
DBXW.DE has a 0.45% expense ratio, which is higher than XDWD.DE's 0.19% expense ratio.
Dividends
DBXW.DE vs. XDWD.DE - Dividend Comparison
Neither DBXW.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, DBXW.DE and XDWD.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.45% for DBXW.DE.
Both ETFs track MSCI World. Their fees differ too: 0.45% for DBXW.DE and 0.19% for XDWD.DE.
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