MACV.DE vs. XS7W.DE
MACV.DE (iShares Conservative Portfolio UCITS ETF EUR (Acc)) and XS7W.DE (Xtrackers Portfolio Income UCITS ETF (Dist)) are both Global Allocation funds. Both are actively managed. Over the past 5 years, MACV.DE returned 0.68%/yr vs 2.71%/yr for XS7W.DE. At a 0.50 correlation, their price movements are largely independent. MACV.DE charges 0.25%/yr vs 0.65%/yr for XS7W.DE.
Performance
MACV.DE vs. XS7W.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MACV.DE achieves a 3.65% return, which is significantly lower than XS7W.DE's 5.33% return.
MACV.DE
- 1D
- 0.00%
- 1M
- 0.19%
- 6M
- 3.65%
- YTD
- 3.65%
- 1Y
- 6.72%
- 3Y*
- 5.11%
- 5Y*
- 0.68%
- 10Y*
- —
XS7W.DE
- 1D
- 0.14%
- 1M
- 0.94%
- 6M
- 5.26%
- YTD
- 5.33%
- 1Y
- 9.07%
- 3Y*
- 7.00%
- 5Y*
- 2.71%
- 10Y*
- 3.57%
MACV.DE vs. XS7W.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MACV.DE iShares Conservative Portfolio UCITS ETF EUR (Acc) | 3.65% | 4.83% | 3.33% | 5.02% | -13.58% | 3.11% | 2.65% |
XS7W.DE Xtrackers Portfolio Income UCITS ETF (Dist) | 5.33% | 3.90% | 7.56% | 8.46% | -12.92% | 8.31% | 4.58% |
Correlation
The correlation between MACV.DE and XS7W.DE is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2020 | 0.50 |
The correlation between MACV.DE and XS7W.DE shifts across timeframes, from 0.46 (3 years) to 0.62 (1 year), reflecting how their relationship changes across market environments.
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
MACV.DE vs. XS7W.DE — Risk / Return Rank
MACV.DE
XS7W.DE
MACV.DE vs. XS7W.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Conservative Portfolio UCITS ETF EUR (Acc) (MACV.DE) and Xtrackers Portfolio Income UCITS ETF (Dist) (XS7W.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.
| MACV.DE | XS7W.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.29 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 2.15 | -0.46 |
| Martin ratioReturn relative to average drawdown | 7.43 | 9.70 | -2.27 |
Loading charts...
Drawdowns
MACV.DE vs. XS7W.DE - Drawdown Comparison
The maximum MACV.DE drawdown since its inception was -15.57%, smaller than the maximum XS7W.DE drawdown of -17.71%. Use the drawdown chart below to compare losses from any high point for MACV.DE and XS7W.DE.
Loading charts...
Drawdown Indicators
| MACV.DE | XS7W.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.57% | -17.71% | +2.14% |
Max Drawdown (1Y)Largest decline over 1 year | -3.95% | -4.20% | +0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -3.95% | -7.31% | +3.36% |
Max Drawdown (5Y)Largest decline over 5 years | -15.57% | -17.08% | +1.51% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.52% | — |
Current DrawdownCurrent decline from peak | -0.37% | -0.14% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -6.32% | -4.26% | -2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 0.93% | -0.03% |
Volatility
MACV.DE vs. XS7W.DE - Volatility Comparison
iShares Conservative Portfolio UCITS ETF EUR (Acc) (MACV.DE) has a higher volatility of 1.73% compared to Xtrackers Portfolio Income UCITS ETF (Dist) (XS7W.DE) at 1.58%. This indicates that MACV.DE's price experiences larger fluctuations and is considered to be riskier than XS7W.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MACV.DE | XS7W.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.73% | 1.58% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 4.63% | 4.47% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.26% | 5.94% | -0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.25% | 6.58% | -1.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.23% | 7.14% | -1.91% |
MACV.DE vs. XS7W.DE - Expense Ratio Comparison
MACV.DE has a 0.25% expense ratio, which is lower than XS7W.DE's 0.65% expense ratio.
Dividends
MACV.DE vs. XS7W.DE - Dividend Comparison
MACV.DE has not paid dividends to shareholders, while XS7W.DE's dividend yield for the trailing twelve months is around 2.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MACV.DE iShares Conservative Portfolio UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XS7W.DE Xtrackers Portfolio Income UCITS ETF (Dist) | 2.86% | 5.42% | 0.00% | 0.00% | 1.37% | 0.80% | 2.20% | 1.91% | 0.64% | 1.13% | 1.40% |
Frequently Asked Questions
MACV.DE and XS7W.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MACV.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MACV.DE is cheaper with a 0.25% expense ratio, compared with 0.65% for XS7W.DE.
They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.25% for MACV.DE and 0.65% for XS7W.DE.
Find the right allocation for MACV.DE and XS7W.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