DR7E.DE vs. AKWA.DE
DR7E.DE (Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating) and AKWA.DE (Global X Clean Water UCITS ETF) are both exchange-traded funds - DR7E.DE is a Technology Equities fund tracking the Solactive Autonomous & Electric Vehicles, while AKWA.DE is a Water Equities fund tracking the Solactive Global Clean Water Industry. Both are passively managed. Over the past 3 years, DR7E.DE returned 18.20%/yr vs 7.49%/yr for AKWA.DE. A 0.55 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
DR7E.DE vs. AKWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DR7E.DE achieves a 41.08% return, which is significantly higher than AKWA.DE's -0.44% return.
DR7E.DE
- 1D
- -1.47%
- 1M
- 7.64%
- YTD
- 41.08%
- 6M
- 38.98%
- 1Y
- 84.37%
- 3Y*
- 18.20%
- 5Y*
- —
- 10Y*
- —
AKWA.DE
- 1D
- -0.50%
- 1M
- -2.56%
- YTD
- -0.44%
- 6M
- -2.47%
- 1Y
- -0.28%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
DR7E.DE vs. AKWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DR7E.DE Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating | 41.08% | 15.37% | 0.76% | 23.30% | -30.28% | -0.71% |
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -15.13% | -0.34% |
Correlation
The correlation between DR7E.DE and AKWA.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021 | 0.55 |
The correlation between DR7E.DE and AKWA.DE shifts across timeframes, from 0.45 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DR7E.DE vs. AKWA.DE — Risk / Return Rank
DR7E.DE
AKWA.DE
DR7E.DE vs. AKWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DR7E.DE) and Global X Clean Water UCITS ETF (AKWA.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.
| DR7E.DE | AKWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.70 | ||
| Sortino ratioReturn per unit of downside risk | +4.53 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.01 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 8.52 | -0.05 | +8.57 |
| Martin ratioReturn relative to average drawdown | 24.61 | -0.11 | +24.73 |
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
| DR7E.DE | AKWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.67 | -0.03 | +3.70 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.20 | +0.09 |
Drawdowns
DR7E.DE vs. AKWA.DE - Drawdown Comparison
The maximum DR7E.DE drawdown since its inception was -40.66%, which is greater than AKWA.DE's maximum drawdown of -23.07%. Use the drawdown chart below to compare losses from any high point for DR7E.DE and AKWA.DE.
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Drawdown Indicators
| DR7E.DE | AKWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.66% | -23.07% | -17.59% |
Max Drawdown (1Y)Largest decline over 1 year | -9.95% | -9.90% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -33.99% | -19.99% | -14.00% |
Current DrawdownCurrent decline from peak | -2.08% | -8.54% | +6.46% |
Average DrawdownAverage peak-to-trough decline | -18.33% | -7.60% | -10.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 4.12% | -0.67% |
Volatility
DR7E.DE vs. AKWA.DE - Volatility Comparison
Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DR7E.DE) has a higher volatility of 9.64% compared to Global X Clean Water UCITS ETF (AKWA.DE) at 3.85%. This indicates that DR7E.DE's price experiences larger fluctuations and is considered to be riskier than AKWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DR7E.DE | AKWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.64% | 3.85% | +5.79% |
Volatility (6M)Calculated over the trailing 6-month period | 16.91% | 10.07% | +6.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.14% | 13.59% | +9.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.01% | 16.02% | +8.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.01% | 16.02% | +8.99% |
DR7E.DE vs. AKWA.DE - Expense Ratio Comparison
Both DR7E.DE and AKWA.DE have an expense ratio of 0.50%.
Dividends
DR7E.DE vs. AKWA.DE - Dividend Comparison
Neither DR7E.DE nor AKWA.DE has paid dividends to shareholders.
Frequently Asked Questions
DR7E.DE and AKWA.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DR7E.DE and AKWA.DE have the same expense ratio: 0.50% per year.
DR7E.DE is categorized as Technology Equities, while AKWA.DE is Water Equities. DR7E.DE tracks Solactive Autonomous & Electric Vehicles, while AKWA.DE tracks Solactive Global Clean Water Industry.
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