IWLE.DE vs. XG12.DE
IWLE.DE (iShares Core MSCI World UCITS ETF EUR Hedged Dist) and XG12.DE (Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C) are both Global Equities funds - IWLE.DE tracks the MSCI World Net TR Index while XG12.DE tracks the MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select. Both are passively managed. Over the past 3 years, IWLE.DE returned 17.76%/yr vs 13.98%/yr for XG12.DE. A 0.69 correlation means they provide meaningful diversification when combined. IWLE.DE charges 0.30%/yr vs 0.35%/yr for XG12.DE.
Performance
IWLE.DE vs. XG12.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IWLE.DE achieves a 7.23% return, which is significantly lower than XG12.DE's 40.21% return.
IWLE.DE
- 1D
- -0.47%
- 1M
- -0.85%
- YTD
- 7.23%
- 6M
- 7.12%
- 1Y
- 20.78%
- 3Y*
- 17.76%
- 5Y*
- 10.03%
- 10Y*
- —
XG12.DE
- 1D
- 0.00%
- 1M
- 3.12%
- YTD
- 40.21%
- 6M
- 41.26%
- 1Y
- 54.18%
- 3Y*
- 13.98%
- 5Y*
- —
- 10Y*
- —
IWLE.DE vs. XG12.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IWLE.DE iShares Core MSCI World UCITS ETF EUR Hedged Dist | 7.23% | 16.76% | 19.70% | 21.53% | -2.88% |
XG12.DE Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C | 40.21% | 8.69% | -4.44% | -8.34% | -5.33% |
Correlation
The correlation between IWLE.DE and XG12.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | 0.69 |
The correlation between IWLE.DE and XG12.DE has been stable across timeframes, ranging from 0.60 to 0.69 - a consistent structural relationship.
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Return for Risk
IWLE.DE vs. XG12.DE — Risk / Return Rank
IWLE.DE
XG12.DE
IWLE.DE vs. XG12.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI World UCITS ETF EUR Hedged Dist (IWLE.DE) and Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.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.
| IWLE.DE | XG12.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.50 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 2.83 | -0.26 |
| Martin ratioReturn relative to average drawdown | 11.25 | 6.01 | +5.24 |
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Drawdowns
IWLE.DE vs. XG12.DE - Drawdown Comparison
The maximum IWLE.DE drawdown since its inception was -32.76%, roughly equal to the maximum XG12.DE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for IWLE.DE and XG12.DE.
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Drawdown Indicators
| IWLE.DE | XG12.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.76% | -32.01% | -0.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.05% | -19.16% | +11.11% |
Max Drawdown (3Y)Largest decline over 3 years | -17.60% | -24.98% | +7.38% |
Max Drawdown (5Y)Largest decline over 5 years | -23.49% | — | — |
Current DrawdownCurrent decline from peak | -1.77% | -1.47% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -5.27% | -14.81% | +9.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 9.01% | -7.17% |
Volatility
IWLE.DE vs. XG12.DE - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF EUR Hedged Dist (IWLE.DE) is 4.07%, while Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.DE) has a volatility of 6.79%. This indicates that IWLE.DE experiences smaller price fluctuations and is considered to be less risky than XG12.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWLE.DE | XG12.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.07% | 6.79% | -2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 13.54% | -3.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.33% | 27.66% | -15.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.02% | 21.08% | -6.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 21.08% | -4.32% |
IWLE.DE vs. XG12.DE - Expense Ratio Comparison
IWLE.DE has a 0.30% expense ratio, which is lower than XG12.DE's 0.35% expense ratio.
Dividends
IWLE.DE vs. XG12.DE - Dividend Comparison
IWLE.DE's dividend yield for the trailing twelve months is around 1.05%, while XG12.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IWLE.DE iShares Core MSCI World UCITS ETF EUR Hedged Dist | 1.05% | 1.11% | 1.27% | 1.43% | 1.76% | 1.20% | 1.04% | 0.53% |
XG12.DE Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IWLE.DE and XG12.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWLE.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWLE.DE is cheaper with a 0.30% expense ratio, compared with 0.35% for XG12.DE.
IWLE.DE tracks MSCI World Net TR Index, while XG12.DE tracks MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.30% for IWLE.DE and 0.35% for XG12.DE.
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