DX2Z.DE vs. XDWD.DE
DX2Z.DE (Xtrackers S&P Select Frontier Swap UCITS ETF (Acc)) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - DX2Z.DE is a Emerging Markets Equities fund tracking the S&P Select Frontier Index, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, DX2Z.DE returned 11.40%/yr vs 13.00%/yr for XDWD.DE. A 0.58 correlation means they provide meaningful diversification when combined. DX2Z.DE charges 0.95%/yr vs 0.19%/yr for XDWD.DE.
Performance
DX2Z.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DX2Z.DE achieves a 10.31% return, which is significantly lower than XDWD.DE's 12.57% return. Over the past 10 years, DX2Z.DE has underperformed XDWD.DE with an annualized return of 11.40%, while XDWD.DE has yielded a comparatively higher 13.00% annualized return.
DX2Z.DE
- 1D
- 0.61%
- 1M
- 2.36%
- 6M
- 8.54%
- YTD
- 10.31%
- 1Y
- 29.81%
- 3Y*
- 18.61%
- 5Y*
- 12.91%
- 10Y*
- 11.40%
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%
DX2Z.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DX2Z.DE Xtrackers S&P Select Frontier Swap UCITS ETF (Acc) | 10.31% | 18.38% | 30.33% | 20.29% | -15.40% | 26.53% | -13.05% | 26.32% | -14.75% | 22.09% |
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 DX2Z.DE and XDWD.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.58 |
Over the past year, the correlation between DX2Z.DE and XDWD.DE has dropped to 0.31 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.
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Return for Risk
DX2Z.DE vs. XDWD.DE — Risk / Return Rank
DX2Z.DE
XDWD.DE
DX2Z.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P Select Frontier Swap UCITS ETF (Acc) (DX2Z.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.
| DX2Z.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.40 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 3.82 | -1.57 |
| Martin ratioReturn relative to average drawdown | 6.70 | 15.31 | -8.62 |
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Drawdowns
DX2Z.DE vs. XDWD.DE - Drawdown Comparison
The maximum DX2Z.DE drawdown since its inception was -76.62%, 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 DX2Z.DE and XDWD.DE.
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Drawdown Indicators
| DX2Z.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.62% | -33.55% | -43.07% |
Max Drawdown (1Y)Largest decline over 1 year | -13.15% | -6.34% | -6.81% |
Max Drawdown (3Y)Largest decline over 3 years | -20.17% | -21.64% | +1.47% |
Max Drawdown (5Y)Largest decline over 5 years | -23.10% | -21.64% | -1.46% |
Max Drawdown (10Y)Largest decline over 10 years | -45.54% | -33.55% | -11.99% |
Current DrawdownCurrent decline from peak | 0.00% | -0.11% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -44.91% | -4.52% | -40.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 1.58% | +2.86% |
Volatility
DX2Z.DE vs. XDWD.DE - Volatility Comparison
Xtrackers S&P Select Frontier Swap UCITS ETF (Acc) (DX2Z.DE) has a higher volatility of 3.87% compared to Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) at 3.15%. This indicates that DX2Z.DE's price experiences larger fluctuations and is considered to be riskier 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
| DX2Z.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 3.15% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 14.14% | 7.97% | +6.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.85% | 11.30% | +7.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.49% | 14.15% | +4.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 15.09% | +3.69% |
DX2Z.DE vs. XDWD.DE - Expense Ratio Comparison
DX2Z.DE has a 0.95% expense ratio, which is higher than XDWD.DE's 0.19% expense ratio.
Dividends
DX2Z.DE vs. XDWD.DE - Dividend Comparison
Neither DX2Z.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
DX2Z.DE and XDWD.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.95% for DX2Z.DE.
DX2Z.DE is categorized as Emerging Markets Equities, while XDWD.DE is Global Equities. DX2Z.DE tracks S&P Select Frontier Index, while XDWD.DE tracks MSCI World. Their fees differ too: 0.95% for DX2Z.DE and 0.19% for XDWD.DE.
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