EUNL.DE vs. XDW0.DE
EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) and XDW0.DE (Xtrackers MSCI World Energy UCITS ETF 1C) are both exchange-traded funds - EUNL.DE is a Global Equities fund tracking the MSCI World Index, while XDW0.DE is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 10 years, EUNL.DE returned 12.61%/yr vs 8.15%/yr for XDW0.DE. A 0.57 correlation means they provide meaningful diversification when combined. EUNL.DE charges 0.20%/yr vs 0.25%/yr for XDW0.DE.
Performance
EUNL.DE vs. XDW0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUNL.DE achieves a 12.99% return, which is significantly lower than XDW0.DE's 28.70% return. Over the past 10 years, EUNL.DE has outperformed XDW0.DE with an annualized return of 12.61%, while XDW0.DE has yielded a comparatively lower 8.15% annualized return.
EUNL.DE
- 1D
- 0.19%
- 1M
- 1.63%
- 6M
- 10.96%
- YTD
- 12.99%
- 1Y
- 23.79%
- 3Y*
- 18.19%
- 5Y*
- 12.32%
- 10Y*
- 12.61%
XDW0.DE
- 1D
- -0.93%
- 1M
- 2.25%
- 6M
- 19.90%
- YTD
- 28.70%
- 1Y
- 34.95%
- 3Y*
- 15.05%
- 5Y*
- 20.85%
- 10Y*
- 8.15%
EUNL.DE vs. XDW0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 12.99% | 7.91% | 25.93% | 20.12% | -13.59% | 32.72% | 5.48% | 31.35% | -5.13% | 7.71% |
XDW0.DE Xtrackers MSCI World Energy UCITS ETF 1C | 28.70% | 2.24% | 7.48% | 0.19% | 53.95% | 52.21% | -36.99% | 14.05% | -12.13% | -7.68% |
Correlation
The correlation between EUNL.DE and XDW0.DE is -0.10, 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 | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2010 | 0.57 |
The correlation between EUNL.DE and XDW0.DE shifts across timeframes, from -0.10 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EUNL.DE vs. XDW0.DE — Risk / Return Rank
EUNL.DE
XDW0.DE
EUNL.DE vs. XDW0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) and Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.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.
| EUNL.DE | XDW0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.28 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 2.24 | +1.57 |
| Martin ratioReturn relative to average drawdown | 15.36 | 5.78 | +9.58 |
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Drawdowns
EUNL.DE vs. XDW0.DE - Drawdown Comparison
The maximum EUNL.DE drawdown since its inception was -33.63%, smaller than the maximum XDW0.DE drawdown of -66.27%. Use the drawdown chart below to compare losses from any high point for EUNL.DE and XDW0.DE.
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Drawdown Indicators
| EUNL.DE | XDW0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -66.27% | +32.64% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -15.55% | +9.33% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -23.70% | +1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -23.70% | +1.97% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | -61.44% | +27.81% |
Current DrawdownCurrent decline from peak | -0.04% | -10.20% | +10.16% |
Average DrawdownAverage peak-to-trough decline | -4.20% | -22.94% | +18.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 6.03% | -4.49% |
Volatility
EUNL.DE vs. XDW0.DE - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) is 2.45%, while Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.DE) has a volatility of 6.81%. This indicates that EUNL.DE experiences smaller price fluctuations and is considered to be less risky than XDW0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNL.DE | XDW0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 6.81% | -4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 19.48% | -11.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.34% | 22.56% | -11.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.18% | 24.24% | -10.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 26.60% | -11.49% |
EUNL.DE vs. XDW0.DE - Expense Ratio Comparison
EUNL.DE has a 0.20% expense ratio, which is lower than XDW0.DE's 0.25% 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
EUNL.DE vs. XDW0.DE - Dividend Comparison
Neither EUNL.DE nor XDW0.DE has paid dividends to shareholders.
Frequently Asked Questions
EUNL.DE and XDW0.DE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNL.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XDW0.DE.
EUNL.DE is categorized as Global Equities, while XDW0.DE is Energy Equities. EUNL.DE tracks MSCI World Index, while XDW0.DE tracks MSCI World/Energy NR USD. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.20% for EUNL.DE and 0.25% for XDW0.DE.
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