GERD.DE vs. SCWX.DE
GERD.DE (L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc) and SCWX.DE (Scalable MSCI AC World Xtrackers UCITS ETF 1C) are both Global Equities funds - GERD.DE tracks the Solactive Gerd Kommer Multifactor Equity while SCWX.DE tracks the MSCI All Country World Index. Both are passively managed. Over the past year, GERD.DE returned 26.06% vs 26.93% for SCWX.DE. Their correlation of 0.81 suggests significant overlap in exposure. GERD.DE charges 0.50%/yr vs 0.17%/yr for SCWX.DE.
Performance
GERD.DE vs. SCWX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, GERD.DE achieves a 14.41% return, which is significantly higher than SCWX.DE's 12.40% return.
GERD.DE
- 1D
- -0.18%
- 1M
- 5.63%
- YTD
- 14.41%
- 6M
- 15.59%
- 1Y
- 26.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCWX.DE
- 1D
- -0.54%
- 1M
- 5.00%
- YTD
- 12.40%
- 6M
- 13.45%
- 1Y
- 26.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GERD.DE vs. SCWX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GERD.DE L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc | 14.41% | 10.26% | -0.84% |
SCWX.DE Scalable MSCI AC World Xtrackers UCITS ETF 1C | 12.40% | 9.28% | -0.55% |
Correlation
The correlation between GERD.DE and SCWX.DE is 0.77, 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 | 0.77 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2024 | 0.81 |
The correlation between GERD.DE and SCWX.DE has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.
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Return for Risk
GERD.DE vs. SCWX.DE — Risk / Return Rank
GERD.DE
SCWX.DE
GERD.DE vs. SCWX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) and Scalable MSCI AC World Xtrackers UCITS ETF 1C (SCWX.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.
| GERD.DE | SCWX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.43 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 4.17 | -0.24 |
| Martin ratioReturn relative to average drawdown | 15.42 | 16.58 | -1.16 |
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
| GERD.DE | SCWX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | 2.35 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | 0.96 | +0.39 |
Drawdowns
GERD.DE vs. SCWX.DE - Drawdown Comparison
The maximum GERD.DE drawdown since its inception was -19.22%, smaller than the maximum SCWX.DE drawdown of -21.73%. Use the drawdown chart below to compare losses from any high point for GERD.DE and SCWX.DE.
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Drawdown Indicators
| GERD.DE | SCWX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.22% | -21.73% | +2.51% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -6.44% | -0.17% |
Current DrawdownCurrent decline from peak | -0.19% | -0.56% | +0.37% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -3.99% | +1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.62% | +0.07% |
Volatility
GERD.DE vs. SCWX.DE - Volatility Comparison
L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) has a higher volatility of 3.18% compared to Scalable MSCI AC World Xtrackers UCITS ETF 1C (SCWX.DE) at 2.90%. This indicates that GERD.DE's price experiences larger fluctuations and is considered to be riskier than SCWX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GERD.DE | SCWX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 2.90% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 8.49% | 8.23% | +0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.92% | 11.43% | +0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.95% | 15.51% | -2.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.95% | 15.51% | -2.56% |
GERD.DE vs. SCWX.DE - Expense Ratio Comparison
GERD.DE has a 0.50% expense ratio, which is higher than SCWX.DE's 0.17% expense ratio.
Dividends
GERD.DE vs. SCWX.DE - Dividend Comparison
Neither GERD.DE nor SCWX.DE has paid dividends to shareholders.
Frequently Asked Questions
GERD.DE and SCWX.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SCWX.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCWX.DE is cheaper with a 0.17% expense ratio, compared with 0.50% for GERD.DE.
GERD.DE tracks Solactive Gerd Kommer Multifactor Equity, while SCWX.DE tracks MSCI All Country World Index. They also come from different issuers: LGIM Managers (Europe) Limited and Xtrackers. Their fees differ too: 0.50% for GERD.DE and 0.17% for SCWX.DE.
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