ELFW.DE vs. XDEV.DE
ELFW.DE (Deka MSCI World UCITS ETF Dist) and XDEV.DE (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds - ELFW.DE tracks the MSCI World while XDEV.DE tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 5 years, ELFW.DE returned 12.52%/yr vs 17.35%/yr for XDEV.DE. Their correlation of 0.84 suggests significant overlap in exposure. ELFW.DE charges 0.31%/yr vs 0.25%/yr for XDEV.DE.
Performance
ELFW.DE vs. XDEV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ELFW.DE achieves a 10.68% return, which is significantly lower than XDEV.DE's 35.07% return.
ELFW.DE
- 1D
- -0.02%
- 1M
- 3.61%
- YTD
- 10.68%
- 6M
- 10.77%
- 1Y
- 23.36%
- 3Y*
- 17.24%
- 5Y*
- 12.52%
- 10Y*
- —
XDEV.DE
- 1D
- -0.89%
- 1M
- 11.02%
- YTD
- 35.07%
- 6M
- 38.05%
- 1Y
- 63.16%
- 3Y*
- 26.76%
- 5Y*
- 17.35%
- 10Y*
- 12.35%
ELFW.DE vs. XDEV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ELFW.DE Deka MSCI World UCITS ETF Dist | 10.68% | 7.57% | 25.71% | 19.97% | -14.02% | 31.88% | 5.44% | 30.74% | -11.82% |
XDEV.DE Xtrackers MSCI World Value Factor UCITS ETF 1C | 35.07% | 24.76% | 11.62% | 15.67% | -4.96% | 30.90% | -12.53% | 22.09% | -12.53% |
Correlation
The correlation between ELFW.DE and XDEV.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2018 | 0.84 |
The correlation between ELFW.DE and XDEV.DE has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.
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Return for Risk
ELFW.DE vs. XDEV.DE — Risk / Return Rank
ELFW.DE
XDEV.DE
ELFW.DE vs. XDEV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka MSCI World UCITS ETF Dist (ELFW.DE) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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.
| ELFW.DE | XDEV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.42 | ||
| Sortino ratioReturn per unit of downside risk | -3.20 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.81 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 10.38 | -6.88 |
| Martin ratioReturn relative to average drawdown | 14.07 | 39.12 | -25.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ELFW.DE | XDEV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | 4.52 | -2.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 1.23 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.71 | +0.07 |
Drawdowns
ELFW.DE vs. XDEV.DE - Drawdown Comparison
The maximum ELFW.DE drawdown since its inception was -33.59%, roughly equal to the maximum XDEV.DE drawdown of -35.28%. Use the drawdown chart below to compare losses from any high point for ELFW.DE and XDEV.DE.
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Drawdown Indicators
| ELFW.DE | XDEV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.59% | -35.28% | +1.69% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -6.05% | -0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -21.81% | -18.02% | -3.79% |
Max Drawdown (5Y)Largest decline over 5 years | -21.81% | -18.02% | -3.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.28% | — |
Current DrawdownCurrent decline from peak | -0.35% | -1.07% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -5.56% | +0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.61% | +0.05% |
Volatility
ELFW.DE vs. XDEV.DE - Volatility Comparison
The current volatility for Deka MSCI World UCITS ETF Dist (ELFW.DE) is 2.60%, while Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.DE) has a volatility of 5.77%. This indicates that ELFW.DE experiences smaller price fluctuations and is considered to be less risky than XDEV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELFW.DE | XDEV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 5.77% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 7.74% | 11.20% | -3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.14% | 13.89% | -2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.15% | 13.96% | +0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.07% | 15.90% | +0.17% |
ELFW.DE vs. XDEV.DE - Expense Ratio Comparison
ELFW.DE has a 0.31% expense ratio, which is higher than XDEV.DE's 0.25% expense ratio.
Dividends
ELFW.DE vs. XDEV.DE - Dividend Comparison
ELFW.DE's dividend yield for the trailing twelve months is around 0.89%, while XDEV.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ELFW.DE Deka MSCI World UCITS ETF Dist | 0.89% | 1.01% | 1.04% | 1.37% | 1.65% | 0.96% | 1.29% | 1.53% |
XDEV.DE Xtrackers MSCI World Value Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ELFW.DE and XDEV.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEV.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEV.DE is cheaper with a 0.25% expense ratio, compared with 0.31% for ELFW.DE.
ELFW.DE tracks MSCI World, while XDEV.DE tracks MSCI ACWI Value NR USD. They also come from different issuers: Deka and DWS. Their fees differ too: 0.31% for ELFW.DE and 0.25% for XDEV.DE.
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