DXSN.DE vs. XDWD.DE
DXSN.DE (Xtrackers ShortDAX Daily Swap UCITS ETF (Acc)) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - DXSN.DE is a Inverse Equities fund tracking the ShortDAX Index, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, DXSN.DE returned -11.19%/yr vs 13.00%/yr for XDWD.DE. At a correlation of -0.77, they often move in opposite directions. DXSN.DE charges 0.40%/yr vs 0.19%/yr for XDWD.DE.
Performance
DXSN.DE vs. XDWD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DXSN.DE achieves a -4.46% return, which is significantly lower than XDWD.DE's 12.57% return. Over the past 10 years, DXSN.DE has underperformed XDWD.DE with an annualized return of -11.19%, while XDWD.DE has yielded a comparatively higher 13.00% annualized return.
DXSN.DE
- 1D
- -0.77%
- 1M
- -3.54%
- 6M
- -4.36%
- YTD
- -4.46%
- 1Y
- -5.37%
- 3Y*
- -11.18%
- 5Y*
- -8.40%
- 10Y*
- -11.19%
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%
DXSN.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXSN.DE Xtrackers ShortDAX Daily Swap UCITS ETF (Acc) | -4.46% | -17.17% | -10.34% | -12.80% | 7.55% | -16.40% | -14.50% | -22.67% | 17.84% | -13.51% |
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 DXSN.DE and XDWD.DE is -0.71, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.76 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | -0.77 |
The correlation between DXSN.DE and XDWD.DE shifts across timeframes, from -0.77 (all time) to -0.66 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DXSN.DE vs. XDWD.DE — Risk / Return Rank
DXSN.DE
XDWD.DE
DXSN.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ShortDAX Daily Swap UCITS ETF (Acc) (DXSN.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.
| DXSN.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.48 | ||
| Sortino ratioReturn per unit of downside risk | -3.33 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.40 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 3.82 | -4.22 |
| Martin ratioReturn relative to average drawdown | -0.92 | 15.31 | -16.24 |
Loading charts...
Drawdowns
DXSN.DE vs. XDWD.DE - Drawdown Comparison
The maximum DXSN.DE drawdown since its inception was -92.04%, 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 DXSN.DE and XDWD.DE.
Loading charts...
Drawdown Indicators
| DXSN.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.04% | -33.55% | -58.49% |
Max Drawdown (1Y)Largest decline over 1 year | -13.39% | -6.34% | -7.05% |
Max Drawdown (3Y)Largest decline over 3 years | -37.00% | -21.64% | -15.36% |
Max Drawdown (5Y)Largest decline over 5 years | -46.93% | -21.64% | -25.29% |
Max Drawdown (10Y)Largest decline over 10 years | -69.91% | -33.55% | -36.36% |
Current DrawdownCurrent decline from peak | -92.04% | -0.11% | -91.93% |
Average DrawdownAverage peak-to-trough decline | -67.57% | -4.52% | -63.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.80% | 1.58% | +4.22% |
Volatility
DXSN.DE vs. XDWD.DE - Volatility Comparison
Xtrackers ShortDAX Daily Swap UCITS ETF (Acc) (DXSN.DE) has a higher volatility of 4.41% compared to Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) at 3.15%. This indicates that DXSN.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.
Loading charts...
Volatility by Period
| DXSN.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 3.15% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 13.54% | 7.97% | +5.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.23% | 11.30% | +4.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.22% | 14.15% | +3.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 15.09% | +3.01% |
DXSN.DE vs. XDWD.DE - Expense Ratio Comparison
DXSN.DE has a 0.40% expense ratio, which is higher than XDWD.DE's 0.19% expense ratio.
Dividends
DXSN.DE vs. XDWD.DE - Dividend Comparison
Neither DXSN.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
DXSN.DE and XDWD.DE have a correlation of -0.71, 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 0.40% for DXSN.DE.
DXSN.DE is categorized as Inverse Equities, while XDWD.DE is Global Equities. DXSN.DE tracks ShortDAX Index, while XDWD.DE tracks MSCI World. Their fees differ too: 0.40% for DXSN.DE and 0.19% for XDWD.DE.
Find the right allocation for DXSN.DE and XDWD.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer