EXUS.L vs. IXUA.DE
EXUS.L (Xtrackers MSCI World ex USA UCITS ETF 1C USD) and IXUA.DE (iShares MSCI World ex-USA UCITS ETF USD Acc) are both Global Equities funds - EXUS.L tracks the MSCI World ex USA index while IXUA.DE tracks the MSCI World ex USA. Both are passively managed. Over the past year, EXUS.L returned 22.79% vs 23.13% for IXUA.DE. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.15% expense ratio.
Performance
EXUS.L vs. IXUA.DE - Performance Comparison
Loading charts...
Different Trading Currencies
EXUS.L is traded in USD, while IXUA.DE is traded in EUR. To make them comparable, the IXUA.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with EXUS.L having a 8.61% return and IXUA.DE slightly lower at 8.29%.
EXUS.L
- 1D
- -0.53%
- 1M
- 3.48%
- YTD
- 8.61%
- 6M
- 11.84%
- 1Y
- 22.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IXUA.DE
- 1D
- -0.59%
- 1M
- 3.42%
- YTD
- 8.29%
- 6M
- 11.69%
- 1Y
- 23.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EXUS.L vs. IXUA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EXUS.L Xtrackers MSCI World ex USA UCITS ETF 1C USD | 8.61% | 25.25% |
IXUA.DE iShares MSCI World ex-USA UCITS ETF USD Acc | 8.29% | 26.02% |
Correlation
The correlation between EXUS.L and IXUA.DE is 0.90, 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 | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025 | 0.89 |
The correlation between EXUS.L and IXUA.DE has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.
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
EXUS.L vs. IXUA.DE — Risk / Return Rank
EXUS.L
IXUA.DE
EXUS.L vs. IXUA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.L) and iShares MSCI World ex-USA UCITS ETF USD Acc (IXUA.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.
| EXUS.L | IXUA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 2.18 | -0.08 |
| Martin ratioReturn relative to average drawdown | 7.76 | 8.02 | -0.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EXUS.L | IXUA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 1.62 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.18 | 1.56 | -0.38 |
Drawdowns
EXUS.L vs. IXUA.DE - Drawdown Comparison
The maximum EXUS.L drawdown since its inception was -12.85%, smaller than the maximum IXUA.DE drawdown of -14.24%. Use the drawdown chart below to compare losses from any high point for EXUS.L and IXUA.DE.
Loading charts...
Drawdown Indicators
| EXUS.L | IXUA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.85% | -14.24% | +1.39% |
Max Drawdown (1Y)Largest decline over 1 year | -10.74% | -10.57% | -0.17% |
Current DrawdownCurrent decline from peak | -0.92% | -1.26% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -2.36% | -1.76% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 2.88% | +0.05% |
Volatility
EXUS.L vs. IXUA.DE - Volatility Comparison
Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.L) and iShares MSCI World ex-USA UCITS ETF USD Acc (IXUA.DE) have volatilities of 4.34% and 4.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXUS.L | IXUA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 4.49% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 12.23% | 11.60% | +0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.64% | 14.20% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.30% | 16.75% | -1.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.30% | 16.75% | -1.45% |
EXUS.L vs. IXUA.DE - Expense Ratio Comparison
Both EXUS.L and IXUA.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EXUS.L vs. IXUA.DE - Dividend Comparison
Neither EXUS.L nor IXUA.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, EXUS.L and IXUA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EXUS.L and IXUA.DE have the same expense ratio: 0.15% per year.
EXUS.L tracks MSCI World ex USA index, while IXUA.DE tracks MSCI World ex USA. They also come from different issuers: Xtrackers and iShares.
Find the right allocation for EXUS.L and IXUA.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