GLD vs. XDW0.DE
GLD (SPDR Gold Shares) and XDW0.DE (Xtrackers MSCI World Energy UCITS ETF 1C) are both exchange-traded funds - GLD is a Gold fund tracking the LBMA Gold Price PM, while XDW0.DE is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 10 years, GLD returned 12.15%/yr vs 9.51%/yr for XDW0.DE. At a 0.11 correlation, their price movements are largely independent. GLD charges 0.40%/yr vs 0.25%/yr for XDW0.DE.
Performance
GLD vs. XDW0.DE - Performance Comparison
Loading charts...
Different Trading Currencies
GLD is traded in USD, while XDW0.DE is traded in EUR. To make them comparable, the XDW0.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GLD achieves a -2.47% return, which is significantly lower than XDW0.DE's 29.08% return. Over the past 10 years, GLD has outperformed XDW0.DE with an annualized return of 12.15%, while XDW0.DE has yielded a comparatively lower 9.51% annualized return.
GLD
- 1D
- 0.06%
- 1M
- -9.52%
- YTD
- -2.47%
- 6M
- -2.25%
- 1Y
- 22.21%
- 3Y*
- 28.89%
- 5Y*
- 17.08%
- 10Y*
- 12.15%
XDW0.DE
- 1D
- -1.52%
- 1M
- -0.56%
- YTD
- 29.08%
- 6M
- 29.05%
- 1Y
- 36.92%
- 3Y*
- 17.21%
- 5Y*
- 18.52%
- 10Y*
- 9.51%
GLD vs. XDW0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLD SPDR Gold Shares | -2.47% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
XDW0.DE Xtrackers MSCI World Energy UCITS ETF 1C | 29.08% | 15.42% | 1.33% | 3.35% | 45.47% | 40.21% | -30.83% | 11.64% | -16.27% | 5.37% |
Correlation
The correlation between GLD and XDW0.DE is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2010 | 0.11 |
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
GLD vs. XDW0.DE — Risk / Return Rank
GLD
XDW0.DE
GLD vs. XDW0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Gold Shares (GLD) 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.
| GLD | XDW0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.32 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 3.01 | -2.03 |
| Martin ratioReturn relative to average drawdown | 2.81 | 9.81 | -7.00 |
Loading charts...
Drawdowns
GLD vs. XDW0.DE - Drawdown Comparison
The maximum GLD drawdown since its inception was -45.56%, smaller than the maximum XDW0.DE drawdown of -75.05%. Use the drawdown chart below to compare losses from any high point for GLD and XDW0.DE.
Loading charts...
Drawdown Indicators
| GLD | XDW0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.56% | -75.05% | +29.49% |
Max Drawdown (1Y)Largest decline over 1 year | -24.46% | -12.81% | -11.65% |
Max Drawdown (3Y)Largest decline over 3 years | -24.46% | -19.69% | -4.77% |
Max Drawdown (5Y)Largest decline over 5 years | -24.46% | -26.53% | +2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -24.46% | -63.77% | +39.31% |
Current DrawdownCurrent decline from peak | -22.05% | -7.68% | -14.37% |
Average DrawdownAverage peak-to-trough decline | -16.16% | -33.01% | +16.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 3.93% | +4.56% |
Volatility
GLD vs. XDW0.DE - Volatility Comparison
SPDR Gold Shares (GLD) has a higher volatility of 7.79% compared to Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.DE) at 6.57%. This indicates that GLD's price experiences larger fluctuations and is considered to be riskier than XDW0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLD | XDW0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 6.57% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 24.10% | 18.47% | +5.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.37% | 21.19% | +6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.22% | 24.53% | -6.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 26.89% | -10.81% |
GLD vs. XDW0.DE - Expense Ratio Comparison
GLD has a 0.40% expense ratio, which is higher than XDW0.DE's 0.25% expense ratio.
Dividends
GLD vs. XDW0.DE - Dividend Comparison
Neither GLD nor XDW0.DE has paid dividends to shareholders.
Frequently Asked Questions
GLD and XDW0.DE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDW0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDW0.DE is cheaper with a 0.25% expense ratio, compared with 0.40% for GLD.
GLD is categorized as Gold, while XDW0.DE is Energy Equities. GLD tracks LBMA Gold Price PM, while XDW0.DE tracks MSCI World/Energy NR USD. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.40% for GLD and 0.25% for XDW0.DE.
Find the right allocation for GLD and XDW0.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