DBXW.DE vs. XWEB.DE

Last updated Jun 5, 2026

DBXW.DE (Xtrackers MSCI World Swap UCITS ETF 1C) and XWEB.DE (Xtrackers MSCI World Minimum Volatility ESG UCITS ETF 1C) are both Global Equities funds from Xtrackers - DBXW.DE tracks the MSCI World while XWEB.DE tracks the MSCI World Minimum Volatility Low Carbon SRI Screened Select. Both are passively managed. Over the past year, DBXW.DE returned 23.71% vs 3.21% for XWEB.DE. A 0.69 correlation means they provide meaningful diversification when combined. DBXW.DE charges 0.45%/yr vs 0.25%/yr for XWEB.DE.

Performance

DBXW.DE vs. XWEB.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI World Swap UCITS ETF 1C (DBXW.DE) and Xtrackers MSCI World Minimum Volatility ESG UCITS ETF 1C (XWEB.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DBXW.DE achieves a 10.90% return, which is significantly higher than XWEB.DE's 1.64% return.

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%

XWEB.DE

• 1D: 0.38%
• 1M: 1.45%
• YTD: 1.64%
• 6M: 1.85%
• 1Y: 3.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBXW.DE vs. XWEB.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DBXW.DE Xtrackers MSCI World Swap UCITS ETF 1C	10.90%	7.77%	25.74%	7.68%
XWEB.DE Xtrackers MSCI World Minimum Volatility ESG UCITS ETF 1C	1.64%	1.61%	16.94%	4.70%

Correlation

The correlation between DBXW.DE and XWEB.DE is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jul 18, 2023	0.69

The correlation between DBXW.DE and XWEB.DE shifts across timeframes, from 0.57 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DBXW.DE vs. XWEB.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DBXW.DE

DBXW.DE Risk / Return Rank: 69
DBXW.DE Sharpe Ratio Rank: 65
DBXW.DE Sortino Ratio Rank: 66
DBXW.DE Omega Ratio Rank: 68
DBXW.DE Calmar Ratio Rank: 73
DBXW.DE Martin Ratio Rank: 76

XWEB.DE

XWEB.DE Risk / Return Rank: 15
XWEB.DE Sharpe Ratio Rank: 16
XWEB.DE Sortino Ratio Rank: 14
XWEB.DE Omega Ratio Rank: 14
XWEB.DE Calmar Ratio Rank: 17
XWEB.DE Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DBXW.DE vs. XWEB.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 Minimum Volatility ESG UCITS ETF 1C (XWEB.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	XWEB.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.13	0.41	+1.72
Sortino ratio: Return per unit of downside risk	3.00	0.62	+2.38
Omega ratio: Gain probability vs. loss probability	1.40	1.07	+0.33
Calmar ratio: Return relative to maximum drawdown	3.58	0.63	+2.95
Martin ratio: Return relative to average drawdown	14.33	1.53	+12.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DBXW.DE vs. XWEB.DE - Sharpe Ratio Comparison

The current DBXW.DE Sharpe Ratio is 2.13, which is higher than the XWEB.DE Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of DBXW.DE and XWEB.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DBXW.DE	XWEB.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	0.41	+1.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.89	-0.39

Drawdowns

DBXW.DE vs. XWEB.DE - Drawdown Comparison

The maximum DBXW.DE drawdown since its inception was -53.36%, which is greater than XWEB.DE's maximum drawdown of -14.46%. Use the drawdown chart below to compare losses from any high point for DBXW.DE and XWEB.DE.

Drawdown Indicators

	DBXW.DE	XWEB.DE	Difference
Max Drawdown Largest peak-to-trough decline	-53.36%	-14.46%	-38.90%
Max Drawdown (1Y) Largest decline over 1 year	-6.59%	-5.03%	-1.56%
Max Drawdown (3Y) Largest decline over 3 years	-21.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.66%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.81%	—	—
Current Drawdown Current decline from peak	-0.32%	-3.10%	+2.78%
Average Drawdown Average peak-to-trough decline	-9.48%	-3.02%	-6.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	2.10%	-0.45%

Volatility

DBXW.DE vs. XWEB.DE - Volatility Comparison

Xtrackers MSCI World Swap UCITS ETF 1C (DBXW.DE) has a higher volatility of 2.60% compared to Xtrackers MSCI World Minimum Volatility ESG UCITS ETF 1C (XWEB.DE) at 2.21%. This indicates that DBXW.DE's price experiences larger fluctuations and is considered to be riskier than XWEB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DBXW.DE	XWEB.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	2.21%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	7.73%	5.37%	+2.36%
Volatility (1Y) Calculated over the trailing 1-year period	11.09%	7.78%	+3.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	9.49%	+5.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.54%	9.49%	+6.05%

DBXW.DE vs. XWEB.DE - Expense Ratio Comparison

DBXW.DE has a 0.45% expense ratio, which is higher than XWEB.DE's 0.25% expense ratio.

Dividends

DBXW.DE vs. XWEB.DE - Dividend Comparison

Neither DBXW.DE nor XWEB.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DBXW.DE and XWEB.DE in my portfolio?

DBXW.DE and XWEB.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DBXW.DE or XWEB.DE?

On fees, XWEB.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DBXW.DE or XWEB.DE?

XWEB.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for DBXW.DE.

What is the main difference between DBXW.DE and XWEB.DE?

DBXW.DE tracks MSCI World, while XWEB.DE tracks MSCI World Minimum Volatility Low Carbon SRI Screened Select. Their fees differ too: 0.45% for DBXW.DE and 0.25% for XWEB.DE.