IBCZ.DE vs. XDEB.DE
IBCZ.DE (iShares Edge MSCI World Multifactor UCITS ETF USD (Acc)) and XDEB.DE (Xtrackers MSCI World Minimum Volatility UCITS ETF 1C) are both Global Equities funds - IBCZ.DE tracks the MSCI World Diversified Multiple-Factor while XDEB.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, IBCZ.DE returned 11.45%/yr vs 6.88%/yr for XDEB.DE. A 0.67 correlation means they provide meaningful diversification when combined. IBCZ.DE charges 0.50%/yr vs 0.25%/yr for XDEB.DE.
Performance
IBCZ.DE vs. XDEB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBCZ.DE achieves a 13.04% return, which is significantly higher than XDEB.DE's 1.74% return. Over the past 10 years, IBCZ.DE has outperformed XDEB.DE with an annualized return of 11.45%, while XDEB.DE has yielded a comparatively lower 6.88% annualized return.
IBCZ.DE
- 1D
- -0.16%
- 1M
- 5.84%
- YTD
- 13.04%
- 6M
- 13.70%
- 1Y
- 27.80%
- 3Y*
- 18.64%
- 5Y*
- 12.00%
- 10Y*
- 11.45%
XDEB.DE
- 1D
- -0.04%
- 1M
- 1.52%
- YTD
- 1.74%
- 6M
- 1.86%
- 1Y
- -0.08%
- 3Y*
- 6.45%
- 5Y*
- 6.21%
- 10Y*
- 6.88%
IBCZ.DE vs. XDEB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCZ.DE iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) | 13.04% | 12.05% | 24.09% | 11.45% | -10.83% | 31.27% | 0.44% | 24.79% | -8.31% | 11.03% |
XDEB.DE Xtrackers MSCI World Minimum Volatility UCITS ETF 1C | 1.74% | -1.27% | 17.83% | 3.66% | -4.06% | 24.01% | -6.66% | 26.17% | 1.99% | 3.04% |
Correlation
The correlation between IBCZ.DE and XDEB.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2015 | 0.67 |
Over the past year, the correlation between IBCZ.DE and XDEB.DE has dropped to 0.36 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.
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Return for Risk
IBCZ.DE vs. XDEB.DE — Risk / Return Rank
IBCZ.DE
XDEB.DE
IBCZ.DE vs. XDEB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) and Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.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.
| IBCZ.DE | XDEB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.43 | ||
| Sortino ratioReturn per unit of downside risk | +3.37 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.00 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 5.23 | -0.02 | +5.25 |
| Martin ratioReturn relative to average drawdown | 20.97 | -0.03 | +21.00 |
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
| IBCZ.DE | XDEB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.42 | -0.01 | +2.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.61 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.62 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.70 | -0.01 |
Drawdowns
IBCZ.DE vs. XDEB.DE - Drawdown Comparison
The maximum IBCZ.DE drawdown since its inception was -33.99%, which is greater than XDEB.DE's maximum drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for IBCZ.DE and XDEB.DE.
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Drawdown Indicators
| IBCZ.DE | XDEB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.99% | -28.57% | -5.42% |
Max Drawdown (1Y)Largest decline over 1 year | -5.29% | -5.31% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -19.98% | -13.02% | -6.96% |
Max Drawdown (5Y)Largest decline over 5 years | -19.98% | -13.02% | -6.96% |
Max Drawdown (10Y)Largest decline over 10 years | -33.99% | -28.57% | -5.42% |
Current DrawdownCurrent decline from peak | -0.60% | -6.53% | +5.93% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -5.03% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 2.37% | -1.05% |
Volatility
IBCZ.DE vs. XDEB.DE - Volatility Comparison
iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) (IBCZ.DE) has a higher volatility of 3.05% compared to Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.DE) at 2.63%. This indicates that IBCZ.DE's price experiences larger fluctuations and is considered to be riskier than XDEB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBCZ.DE | XDEB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 2.63% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 5.56% | +2.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 7.86% | +3.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 10.16% | +3.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.13% | 12.03% | +3.10% |
IBCZ.DE vs. XDEB.DE - Expense Ratio Comparison
IBCZ.DE has a 0.50% expense ratio, which is higher than XDEB.DE's 0.25% expense ratio.
Dividends
IBCZ.DE vs. XDEB.DE - Dividend Comparison
Neither IBCZ.DE nor XDEB.DE has paid dividends to shareholders.
Frequently Asked Questions
IBCZ.DE and XDEB.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEB.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEB.DE is cheaper with a 0.25% expense ratio, compared with 0.50% for IBCZ.DE.
IBCZ.DE tracks MSCI World Diversified Multiple-Factor, while XDEB.DE tracks MSCI ACWI NR USD. They also come from different issuers: iShares and DWS. Their fees differ too: 0.50% for IBCZ.DE and 0.25% for XDEB.DE.
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