MVEA.L vs. XDEQ.L
Compare and contrast key facts about iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L).
MVEA.L and XDEQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MVEA.L is a passively managed fund by iShares that tracks the performance of the Russell 1000 TR USD. It was launched on Apr 20, 2020. XDEQ.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 11, 2014. Both MVEA.L and XDEQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MVEA.L or XDEQ.L.
Key characteristics
| MVEA.L | XDEQ.L | |
|---|---|---|
| YTD Return | 11.99% | 14.09% |
| 1Y Return | 15.99% | 21.15% |
| 3Y Return (Ann) | 8.44% | 9.59% |
| Sharpe Ratio | 1.84 | 1.93 |
| Daily Std Dev | 8.88% | 11.31% |
| Max Drawdown | -12.43% | -23.79% |
| Current Drawdown | 0.00% | -1.77% |
Correlation
The correlation between MVEA.L and XDEQ.L is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MVEA.L vs. XDEQ.L - Performance Comparison
In the year-to-date period, MVEA.L achieves a 11.99% return, which is significantly lower than XDEQ.L's 14.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MVEA.L vs. XDEQ.L - Expense Ratio Comparison
MVEA.L has a 0.20% expense ratio, which is lower than XDEQ.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MVEA.L vs. XDEQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L). 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.
Dividends
MVEA.L vs. XDEQ.L - Dividend Comparison
Neither MVEA.L nor XDEQ.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
MVEA.L iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDEQ.L Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% |
Drawdowns
MVEA.L vs. XDEQ.L - Drawdown Comparison
The maximum MVEA.L drawdown since its inception was -12.43%, smaller than the maximum XDEQ.L drawdown of -23.79%. Use the drawdown chart below to compare losses from any high point for MVEA.L and XDEQ.L. For additional features, visit the drawdowns tool.
Volatility
MVEA.L vs. XDEQ.L - Volatility Comparison
The current volatility for iShares Edge MSCI USA Minimum Volatility ESG UCITS ETF (MVEA.L) is 3.07%, while Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) has a volatility of 4.14%. This indicates that MVEA.L experiences smaller price fluctuations and is considered to be less risky than XDEQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.