DXSP.DE vs. XDWD.DE
DXSP.DE (Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF (Acc)) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - DXSP.DE is a Inverse Equities fund tracking the EURO STOXX 50 Short Index, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, DXSP.DE returned -12.36%/yr vs 13.00%/yr for XDWD.DE. At a correlation of -0.79, they often move in opposite directions. DXSP.DE charges 0.40%/yr vs 0.19%/yr for XDWD.DE.
Performance
DXSP.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DXSP.DE achieves a -10.98% return, which is significantly lower than XDWD.DE's 12.57% return. Over the past 10 years, DXSP.DE has underperformed XDWD.DE with an annualized return of -12.36%, while XDWD.DE has yielded a comparatively higher 13.00% annualized return.
DXSP.DE
- 1D
- -0.78%
- 1M
- -5.37%
- 6M
- -10.19%
- YTD
- -10.98%
- 1Y
- -17.31%
- 3Y*
- -11.17%
- 5Y*
- -10.52%
- 10Y*
- -12.36%
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%
DXSP.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXSP.DE Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF (Acc) | -10.98% | -16.45% | -4.98% | -15.04% | 3.40% | -21.77% | -8.52% | -25.52% | 9.97% | -11.86% |
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 DXSP.DE and XDWD.DE is -0.72, 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 | -0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.78 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | -0.79 |
The correlation between DXSP.DE and XDWD.DE shifts across timeframes, from -0.79 (all time) to -0.68 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
DXSP.DE vs. XDWD.DE — Risk / Return Rank
DXSP.DE
XDWD.DE
DXSP.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF (Acc) (DXSP.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.
| DXSP.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.22 | ||
| Sortino ratioReturn per unit of downside risk | -4.41 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.40 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 3.82 | -4.68 |
| Martin ratioReturn relative to average drawdown | -1.64 | 15.31 | -16.96 |
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Drawdowns
DXSP.DE vs. XDWD.DE - Drawdown Comparison
The maximum DXSP.DE drawdown since its inception was -91.81%, 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 DXSP.DE and XDWD.DE.
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Drawdown Indicators
| DXSP.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.81% | -33.55% | -58.26% |
Max Drawdown (1Y)Largest decline over 1 year | -20.03% | -6.34% | -13.69% |
Max Drawdown (3Y)Largest decline over 3 years | -36.76% | -21.64% | -15.12% |
Max Drawdown (5Y)Largest decline over 5 years | -48.59% | -21.64% | -26.95% |
Max Drawdown (10Y)Largest decline over 10 years | -73.71% | -33.55% | -40.16% |
Current DrawdownCurrent decline from peak | -91.81% | -0.11% | -91.70% |
Average DrawdownAverage peak-to-trough decline | -65.04% | -4.52% | -60.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.51% | 1.58% | +8.93% |
Volatility
DXSP.DE vs. XDWD.DE - Volatility Comparison
Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF (Acc) (DXSP.DE) has a higher volatility of 3.80% compared to Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) at 3.15%. This indicates that DXSP.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
| DXSP.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.80% | 3.15% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 7.97% | +5.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.08% | 11.30% | +4.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.59% | 14.15% | +3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.96% | 15.09% | +2.87% |
DXSP.DE vs. XDWD.DE - Expense Ratio Comparison
DXSP.DE has a 0.40% expense ratio, which is higher than XDWD.DE's 0.19% expense ratio.
Dividends
DXSP.DE vs. XDWD.DE - Dividend Comparison
Neither DXSP.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
DXSP.DE and XDWD.DE have a correlation of -0.72, 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 DXSP.DE.
DXSP.DE is categorized as Inverse Equities, while XDWD.DE is Global Equities. DXSP.DE tracks EURO STOXX 50 Short Index, while XDWD.DE tracks MSCI World. Their fees differ too: 0.40% for DXSP.DE and 0.19% for XDWD.DE.
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