GEND.L vs. XDEB.L

Last updated Jun 13, 2026

GEND.L (Lyxor Global Gender Equality DR UCITS) and XDEB.L (Xtrackers MSCI World Minimum Volatility UCITS ETF 1C) are both Global Equities funds tracking the MSCI ACWI NR USD, from Amundi and DWS respectively. Both are passively managed. Over the past 5 years, GEND.L returned 7.45%/yr vs 6.26%/yr for XDEB.L. A 0.68 correlation means they provide meaningful diversification when combined. GEND.L charges 0.20%/yr vs 0.25%/yr for XDEB.L.

Performance

GEND.L vs. XDEB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor Global Gender Equality DR UCITS (GEND.L) and Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GEND.L is traded in GBP, while XDEB.L is traded in GBp. To make them comparable, the XDEB.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, GEND.L achieves a 5.47% return, which is significantly higher than XDEB.L's 1.61% return.

GEND.L

• 1D: 0.99%
• 1M: 3.68%
• YTD: 5.47%
• 6M: 6.50%
• 1Y: 17.33%
• 3Y*: 12.52%
• 5Y*: 7.45%
• 10Y*: —

XDEB.L

• 1D: -0.04%
• 1M: 2.76%
• YTD: 1.61%
• 6M: 1.70%
• 1Y: 3.75%
• 3Y*: 7.17%
• 5Y*: 6.26%
• 10Y*: 8.01%

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

GEND.L vs. XDEB.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GEND.L Lyxor Global Gender Equality DR UCITS	5.47%	14.60%	9.00%	10.74%	-5.64%	17.68%	6.53%	21.77%	-28.77%	2.29%
XDEB.L Xtrackers MSCI World Minimum Volatility UCITS ETF 1C	1.61%	3.40%	13.01%	1.49%	1.23%	16.00%	-0.96%	18.55%	3.44%	0.21%

Correlation

The correlation between GEND.L and XDEB.L is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Oct 25, 2017	0.68

The correlation between GEND.L and XDEB.L shifts across timeframes, from 0.58 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.

GEND.L vs. XDEB.L - Sectors Allocation Comparison

Sectors	GEND.L	XDEB.L
Financial Services	22.5%	14.0%
Healthcare	15.2%	13.8%
Consumer Cyclical	12.0%	5.6%
Consumer Defensive	10.5%	10.9%
Communication Services	9.9%	12.1%
Utilities	7.0%	8.1%
Industrials	6.9%	9.2%
Technology	6.2%	20.1%
Real Estate	5.2%	0.7%
Basic Materials	4.7%	1.1%
Energy	-	4.5%

Return for Risk

GEND.L vs. XDEB.L — Risk / Return Rank

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

GEND.L

GEND.L Risk / Return Rank: 56
GEND.L Sharpe Ratio Rank: 62
GEND.L Sortino Ratio Rank: 61
GEND.L Omega Ratio Rank: 58
GEND.L Calmar Ratio Rank: 49
GEND.L Martin Ratio Rank: 49

XDEB.L

XDEB.L Risk / Return Rank: 17
XDEB.L Sharpe Ratio Rank: 17
XDEB.L Sortino Ratio Rank: 16
XDEB.L Omega Ratio Rank: 16
XDEB.L Calmar Ratio Rank: 17
XDEB.L Martin Ratio Rank: 18

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.

GEND.L vs. XDEB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor Global Gender Equality DR UCITS (GEND.L) and Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.L). 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.

	GEND.L	XDEB.L	Difference
Sharpe ratio: Return per unit of total volatility	1.83	0.47	+1.36
Sortino ratio: Return per unit of downside risk	2.54	0.74	+1.80
Omega ratio: Gain probability vs. loss probability	1.32	1.08	+0.24
Calmar ratio: Return relative to maximum drawdown	2.21	0.58	+1.63
Martin ratio: Return relative to average drawdown	7.43	1.58	+5.85

GEND.L vs. XDEB.L - Sharpe Ratio Comparison

The current GEND.L Sharpe Ratio is 1.83, which is higher than the XDEB.L Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of GEND.L and XDEB.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GEND.L vs. XDEB.L - Drawdown Comparison

The maximum GEND.L drawdown since its inception was -39.19%, smaller than the maximum XDEB.L drawdown of -42.88%. Use the drawdown chart below to compare losses from any high point for GEND.L and XDEB.L.

Drawdown Indicators

	GEND.L	XDEB.L	Difference
Max Drawdown Largest peak-to-trough decline	-39.19%	-42.88%	+3.69%
Max Drawdown (1Y) Largest decline over 1 year	-7.81%	-6.39%	-1.42%
Max Drawdown (3Y) Largest decline over 3 years	-19.44%	-20.11%	+0.67%
Max Drawdown (5Y) Largest decline over 5 years	-19.44%	-20.11%	+0.67%
Max Drawdown (10Y) Largest decline over 10 years	—	-27.07%	—
Current Drawdown Current decline from peak	-0.91%	-2.97%	+2.06%
Average Drawdown Average peak-to-trough decline	-11.72%	-12.82%	+1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	2.36%	-0.03%

Volatility

GEND.L vs. XDEB.L - Volatility Comparison

The current volatility for Lyxor Global Gender Equality DR UCITS (GEND.L) is 2.13%, while Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.L) has a volatility of 2.55%. This indicates that GEND.L experiences smaller price fluctuations and is considered to be less risky than XDEB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEND.L	XDEB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.13%	2.55%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	7.36%	5.97%	+1.39%
Volatility (1Y) Calculated over the trailing 1-year period	9.43%	7.98%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.34%	16.95%	+1.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.90%	18.62%	+1.28%

GEND.L vs. XDEB.L - Expense Ratio Comparison

GEND.L has a 0.20% expense ratio, which is lower than XDEB.L'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

GEND.L vs. XDEB.L - Dividend Comparison

Neither GEND.L nor XDEB.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEND.L and XDEB.L in my portfolio?

GEND.L and XDEB.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GEND.L or XDEB.L?

On fees, GEND.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GEND.L or XDEB.L?

GEND.L is cheaper with a 0.20% expense ratio, compared with 0.25% for XDEB.L.

What is the main difference between GEND.L and XDEB.L?

Both ETFs track MSCI ACWI NR USD. They also come from different issuers: Amundi and DWS. Their fees differ too: 0.20% for GEND.L and 0.25% for XDEB.L.