EFRW.DE vs. XDEW.DE

Last updated Jun 5, 2026

EFRW.DE (iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both S&P 500 funds tracking the S&P 500 Equal Weight Index, from iShares and Xtrackers respectively. Both are passively managed. Over the past year, EFRW.DE returned 17.03% vs 18.10% for XDEW.DE. Their correlation of 0.84 suggests significant overlap in exposure. EFRW.DE charges 0.17%/yr vs 0.20%/yr for XDEW.DE.

Performance

EFRW.DE vs. XDEW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc (EFRW.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFRW.DE achieves a 8.09% return, which is significantly lower than XDEW.DE's 10.39% return.

EFRW.DE

• 1D: 0.36%
• 1M: 2.58%
• YTD: 8.09%
• 6M: 8.98%
• 1Y: 17.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDEW.DE

• 1D: 0.30%
• 1M: 3.90%
• YTD: 10.39%
• 6M: 10.29%
• 1Y: 18.10%
• 3Y*: 12.12%
• 5Y*: 9.22%
• 10Y*: 11.25%

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

EFRW.DE vs. XDEW.DE - Yearly Performance Comparison

	2026 (YTD)	2025
EFRW.DE iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc	8.09%	9.95%
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C	10.39%	4.81%

Correlation

The correlation between EFRW.DE and XDEW.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 13, 2025	0.84

The correlation between EFRW.DE and XDEW.DE has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

Return for Risk

EFRW.DE vs. XDEW.DE — Risk / Return Rank

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

EFRW.DE

EFRW.DE Risk / Return Rank: 47
EFRW.DE Sharpe Ratio Rank: 45
EFRW.DE Sortino Ratio Rank: 49
EFRW.DE Omega Ratio Rank: 44
EFRW.DE Calmar Ratio Rank: 49
EFRW.DE Martin Ratio Rank: 50

XDEW.DE

XDEW.DE Risk / Return Rank: 55
XDEW.DE Sharpe Ratio Rank: 48
XDEW.DE Sortino Ratio Rank: 48
XDEW.DE Omega Ratio Rank: 48
XDEW.DE Calmar Ratio Rank: 71
XDEW.DE Martin Ratio Rank: 59

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.

EFRW.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc (EFRW.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.

	EFRW.DE	XDEW.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.66	-0.11
Sortino ratio: Return per unit of downside risk	2.38	2.35	+0.03
Omega ratio: Gain probability vs. loss probability	1.27	1.30	-0.02
Calmar ratio: Return relative to maximum drawdown	2.37	3.51	-1.14
Martin ratio: Return relative to average drawdown	8.32	10.36	-2.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EFRW.DE vs. XDEW.DE - Sharpe Ratio Comparison

The current EFRW.DE Sharpe Ratio is 1.55, which is comparable to the XDEW.DE Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of EFRW.DE and XDEW.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.

Sharpe Ratios by Period

	EFRW.DE	XDEW.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	1.66	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	0.68	+0.87

Drawdowns

EFRW.DE vs. XDEW.DE - Drawdown Comparison

The maximum EFRW.DE drawdown since its inception was -7.12%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for EFRW.DE and XDEW.DE.

Drawdown Indicators

	EFRW.DE	XDEW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-7.12%	-38.79%	+31.67%
Max Drawdown (1Y) Largest decline over 1 year	-7.12%	-5.06%	-2.06%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.70%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.79%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.35%	-5.39%	+4.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	1.72%	+0.31%

Volatility

EFRW.DE vs. XDEW.DE - Volatility Comparison

iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc (EFRW.DE) has a higher volatility of 2.64% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.06%. This indicates that EFRW.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFRW.DE	XDEW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.64%	2.06%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	7.67%	6.75%	+0.92%
Volatility (1Y) Calculated over the trailing 1-year period	10.91%	10.70%	+0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.32%	14.89%	-3.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.32%	16.86%	-5.54%

EFRW.DE vs. XDEW.DE - Expense Ratio Comparison

EFRW.DE has a 0.17% expense ratio, which is lower than XDEW.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EFRW.DE vs. XDEW.DE - Dividend Comparison

Neither EFRW.DE nor XDEW.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EFRW.DE and XDEW.DE in my portfolio?

EFRW.DE and XDEW.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EFRW.DE or XDEW.DE?

On fees, EFRW.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EFRW.DE or XDEW.DE?

EFRW.DE is cheaper with a 0.17% expense ratio, compared with 0.20% for XDEW.DE.

What is the main difference between EFRW.DE and XDEW.DE?

Both ETFs track S&P 500 Equal Weight Index. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.17% for EFRW.DE and 0.20% for XDEW.DE.