IBCZ.DE vs. XWEQ.DE
IBCZ.DE (iShares Edge MSCI World Multifactor UCITS ETF USD (Acc)) and XWEQ.DE (Xtrackers MSCI World Quality ESG UCITS ETF 1C) are both Global Equities funds - IBCZ.DE tracks the MSCI World Diversified Multiple-Factor while XWEQ.DE tracks the MSCI World Quality Low Carbon SRI Screened Select. Both are passively managed. Over the past year, IBCZ.DE returned 27.80% vs 23.74% for XWEQ.DE. Their correlation of 0.87 suggests significant overlap in exposure. IBCZ.DE charges 0.50%/yr vs 0.25%/yr for XWEQ.DE.
Performance
IBCZ.DE vs. XWEQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBCZ.DE achieves a 13.04% return, which is significantly higher than XWEQ.DE's 9.71% 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%
XWEQ.DE
- 1D
- 0.77%
- 1M
- 4.22%
- YTD
- 9.71%
- 6M
- 11.49%
- 1Y
- 23.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBCZ.DE vs. XWEQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IBCZ.DE iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) | 13.04% | 12.05% | 24.09% | 4.65% |
XWEQ.DE Xtrackers MSCI World Quality ESG UCITS ETF 1C | 9.71% | 4.46% | 25.97% | 0.47% |
Correlation
The correlation between IBCZ.DE and XWEQ.DE is 0.83, 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 | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2023 | 0.87 |
The correlation between IBCZ.DE and XWEQ.DE has been stable across timeframes, ranging from 0.83 to 0.87 - 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
IBCZ.DE vs. XWEQ.DE — Risk / Return Rank
IBCZ.DE
XWEQ.DE
IBCZ.DE vs. XWEQ.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 Quality ESG UCITS ETF 1C (XWEQ.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 | XWEQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.37 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 5.23 | 3.27 | +1.97 |
| Martin ratioReturn relative to average drawdown | 20.97 | 12.77 | +8.20 |
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
| IBCZ.DE | XWEQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.42 | 2.02 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.89 | -0.21 |
Drawdowns
IBCZ.DE vs. XWEQ.DE - Drawdown Comparison
The maximum IBCZ.DE drawdown since its inception was -33.99%, which is greater than XWEQ.DE's maximum drawdown of -22.80%. Use the drawdown chart below to compare losses from any high point for IBCZ.DE and XWEQ.DE.
Loading charts...
Drawdown Indicators
| IBCZ.DE | XWEQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.99% | -22.80% | -11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -5.29% | -7.24% | +1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -19.98% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.98% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.99% | — | — |
Current DrawdownCurrent decline from peak | -0.60% | -0.73% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -4.52% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 1.86% | -0.54% |
Volatility
IBCZ.DE vs. XWEQ.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 Quality ESG UCITS ETF 1C (XWEQ.DE) at 2.76%. This indicates that IBCZ.DE's price experiences larger fluctuations and is considered to be riskier than XWEQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBCZ.DE | XWEQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 2.76% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 8.36% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 11.73% | -0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 15.18% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.13% | 15.18% | -0.05% |
IBCZ.DE vs. XWEQ.DE - Expense Ratio Comparison
IBCZ.DE has a 0.50% expense ratio, which is higher than XWEQ.DE's 0.25% expense ratio.
Dividends
IBCZ.DE vs. XWEQ.DE - Dividend Comparison
Neither IBCZ.DE nor XWEQ.DE has paid dividends to shareholders.
Frequently Asked Questions
IBCZ.DE and XWEQ.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XWEQ.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XWEQ.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 XWEQ.DE tracks MSCI World Quality Low Carbon SRI Screened Select. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.50% for IBCZ.DE and 0.25% for XWEQ.DE.
Find the right allocation for IBCZ.DE and XWEQ.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