DX2D.DE vs. UBU7.DE

Last updated Jul 4, 2026

DX2D.DE (Xtrackers LPX Private Equity Swap UCITS ETF (Acc)) and UBU7.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Dist) are both Global Equities funds - DX2D.DE tracks the LPX Major Market Index while UBU7.DE tracks the MSCI World. Both are passively managed. Over the past 10 years, DX2D.DE returned 10.70%/yr vs 12.92%/yr for UBU7.DE. Their correlation of 0.80 suggests significant overlap in exposure. DX2D.DE charges 0.70%/yr vs 0.10%/yr for UBU7.DE.

Performance

DX2D.DE vs. UBU7.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers LPX Private Equity Swap UCITS ETF (Acc) (DX2D.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DX2D.DE achieves a -15.03% return, which is significantly lower than UBU7.DE's 12.56% return. Over the past 10 years, DX2D.DE has underperformed UBU7.DE with an annualized return of 10.70%, while UBU7.DE has yielded a comparatively higher 12.92% annualized return.

DX2D.DE

• 1D: -0.28%
• 1M: 2.67%
• 6M: -14.96%
• YTD: -15.03%
• 1Y: -17.90%
• 3Y*: 7.36%
• 5Y*: 3.27%
• 10Y*: 10.70%

UBU7.DE

• 1D: 0.34%
• 1M: 1.45%
• 6M: 13.08%
• YTD: 12.56%
• 1Y: 24.39%
• 3Y*: 17.65%
• 5Y*: 12.26%
• 10Y*: 12.92%

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

DX2D.DE vs. UBU7.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DX2D.DE Xtrackers LPX Private Equity Swap UCITS ETF (Acc)	-15.03%	-10.95%	31.41%	40.37%	-29.92%	64.10%	-0.69%	45.42%	-11.58%	11.79%
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist	12.56%	8.11%	26.08%	20.13%	-13.88%	32.53%	5.35%	31.21%	-5.14%	7.21%

Correlation

The correlation between DX2D.DE and UBU7.DE is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Apr 11, 2012	0.80

The correlation between DX2D.DE and UBU7.DE shifts across timeframes, from 0.65 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DX2D.DE vs. UBU7.DE — Risk / Return Rank

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

DX2D.DE

DX2D.DE Risk / Return Rank: 3
DX2D.DE Sharpe Ratio Rank: 2
DX2D.DE Sortino Ratio Rank: 3
DX2D.DE Omega Ratio Rank: 3
DX2D.DE Calmar Ratio Rank: 4
DX2D.DE Martin Ratio Rank: 4

UBU7.DE

UBU7.DE Risk / Return Rank: 83
UBU7.DE Sharpe Ratio Rank: 83
UBU7.DE Sortino Ratio Rank: 82
UBU7.DE Omega Ratio Rank: 82
UBU7.DE Calmar Ratio Rank: 84
UBU7.DE Martin Ratio Rank: 86

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.

DX2D.DE vs. UBU7.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers LPX Private Equity Swap UCITS ETF (Acc) (DX2D.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.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.

	DX2D.DE	UBU7.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.87	2.16	-3.02
Sortino ratio: Return per unit of downside risk	-1.11	3.00	-4.11
Omega ratio: Gain probability vs. loss probability	0.86	1.40	-0.54
Calmar ratio: Return relative to maximum drawdown	-0.65	3.72	-4.37
Martin ratio: Return relative to average drawdown	-1.16	14.74	-15.90

DX2D.DE vs. UBU7.DE - Sharpe Ratio Comparison

The current DX2D.DE Sharpe Ratio is -0.87, which is lower than the UBU7.DE Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of DX2D.DE and UBU7.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.

Drawdowns

DX2D.DE vs. UBU7.DE - Drawdown Comparison

The maximum DX2D.DE drawdown since its inception was -76.50%, which is greater than UBU7.DE's maximum drawdown of -33.85%. Use the drawdown chart below to compare losses from any high point for DX2D.DE and UBU7.DE.

Drawdown Indicators

	DX2D.DE	UBU7.DE	Difference
Max Drawdown Largest peak-to-trough decline	-76.50%	-33.85%	-42.65%
Max Drawdown (1Y) Largest decline over 1 year	-27.39%	-6.52%	-20.87%
Max Drawdown (3Y) Largest decline over 3 years	-35.34%	-21.70%	-13.64%
Max Drawdown (5Y) Largest decline over 5 years	-36.85%	-21.70%	-15.15%
Max Drawdown (10Y) Largest decline over 10 years	-48.24%	-33.85%	-14.39%
Current Drawdown Current decline from peak	-30.56%	-0.08%	-30.48%
Average Drawdown Average peak-to-trough decline	-15.75%	-5.67%	-10.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.43%	1.65%	+13.78%

Volatility

DX2D.DE vs. UBU7.DE - Volatility Comparison

Xtrackers LPX Private Equity Swap UCITS ETF (Acc) (DX2D.DE) has a higher volatility of 5.46% compared to UBS ETF (IE) MSCI World UCITS ETF (USD) Dist (UBU7.DE) at 3.14%. This indicates that DX2D.DE's price experiences larger fluctuations and is considered to be riskier than UBU7.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DX2D.DE	UBU7.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.46%	3.14%	+2.32%
Volatility (6M) Calculated over the trailing 6-month period	16.67%	7.88%	+8.79%
Volatility (1Y) Calculated over the trailing 1-year period	20.70%	11.30%	+9.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.49%	14.15%	+9.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.02%	15.06%	+7.96%

DX2D.DE vs. UBU7.DE - Expense Ratio Comparison

DX2D.DE has a 0.70% expense ratio, which is higher than UBU7.DE's 0.10% expense ratio.

Dividends

DX2D.DE vs. UBU7.DE - Dividend Comparison

DX2D.DE has not paid dividends to shareholders, while UBU7.DE's dividend yield for the trailing twelve months is around 1.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DX2D.DE Xtrackers LPX Private Equity Swap UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UBU7.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Dist	1.30%	1.56%	1.33%	1.44%	1.61%	1.08%	1.46%	1.72%	1.70%	1.80%	2.20%	1.80%

Frequently Asked Questions

Can I hold both DX2D.DE and UBU7.DE in my portfolio?

DX2D.DE and UBU7.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DX2D.DE or UBU7.DE?

On fees, UBU7.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DX2D.DE or UBU7.DE?

UBU7.DE is cheaper with a 0.10% expense ratio, compared with 0.70% for DX2D.DE.

What is the main difference between DX2D.DE and UBU7.DE?

DX2D.DE tracks LPX Major Market Index, while UBU7.DE tracks MSCI World. They also come from different issuers: Xtrackers and UBS. Their fees differ too: 0.70% for DX2D.DE and 0.10% for UBU7.DE.