MVED.L vs. XDDX.L

Last updated Jun 5, 2026

MVED.L (iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)) and XDDX.L (Xtrackers DAX ESG Screened UCITS ETF 1D) are both Europe Equities funds - MVED.L tracks the MSCI Europe NR EUR while XDDX.L tracks the FSE DAX TR EUR. Both are passively managed. Over the past 5 years, MVED.L returned 6.05%/yr vs 8.59%/yr for XDDX.L. A 0.73 correlation means they provide meaningful diversification when combined. MVED.L charges 0.25%/yr vs 0.09%/yr for XDDX.L.

Performance

MVED.L vs. XDDX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L) and Xtrackers DAX ESG Screened UCITS ETF 1D (XDDX.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MVED.L is traded in EUR, while XDDX.L is traded in GBp. To make them comparable, the XDDX.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with MVED.L having a 4.65% return and XDDX.L slightly lower at 4.56%.

MVED.L

• 1D: 0.33%
• 1M: 0.58%
• YTD: 4.65%
• 6M: 5.79%
• 1Y: 2.49%
• 3Y*: 8.12%
• 5Y*: 6.05%
• 10Y*: —

XDDX.L

• 1D: 0.26%
• 1M: 3.35%
• YTD: 4.56%
• 6M: 6.62%
• 1Y: 5.77%
• 3Y*: 14.71%
• 5Y*: 8.59%
• 10Y*: 8.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MVED.L vs. XDDX.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MVED.L iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)	4.65%	8.77%	8.89%	10.72%	-12.60%	21.51%	-3.86%	22.67%	-1.16%
XDDX.L Xtrackers DAX ESG Screened UCITS ETF 1D	4.56%	18.30%	16.65%	19.52%	-13.20%	14.87%	3.45%	23.82%	-14.92%

Correlation

The correlation between MVED.L and XDDX.L 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	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Mar 1, 2018	0.73

The correlation between MVED.L and XDDX.L shifts across timeframes, from 0.60 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.

MVED.L vs. XDDX.L - Sectors Allocation Comparison

Sectors	MVED.L	XDDX.L
Financial Services	17.8%	29.9%
Industrials	15.7%	18.3%
Consumer Defensive	13.2%	1.5%
Healthcare	13.1%	5.3%
Utilities	10.1%	-
Communication Services	9.5%	8.7%
Energy	6.9%	-
Basic Materials	5.7%	8.3%
Consumer Cyclical	3.7%	11.0%
Technology	2.8%	15.4%
Real Estate	1.6%	1.5%

Return for Risk

MVED.L vs. XDDX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MVED.L

MVED.L Risk / Return Rank: 13
MVED.L Sharpe Ratio Rank: 13
MVED.L Sortino Ratio Rank: 12
MVED.L Omega Ratio Rank: 13
MVED.L Calmar Ratio Rank: 13
MVED.L Martin Ratio Rank: 13

XDDX.L

XDDX.L Risk / Return Rank: 18
XDDX.L Sharpe Ratio Rank: 19
XDDX.L Sortino Ratio Rank: 18
XDDX.L Omega Ratio Rank: 19
XDDX.L Calmar Ratio Rank: 18
XDDX.L Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MVED.L vs. XDDX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L) and Xtrackers DAX ESG Screened UCITS ETF 1D (XDDX.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.

	MVED.L	XDDX.L	Difference
Sharpe ratio: Return per unit of total volatility	0.28	0.38	-0.10
Sortino ratio: Return per unit of downside risk	0.44	0.64	-0.20
Omega ratio: Gain probability vs. loss probability	1.06	1.08	-0.02
Calmar ratio: Return relative to maximum drawdown	0.35	0.49	-0.13
Martin ratio: Return relative to average drawdown	0.78	1.36	-0.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MVED.L vs. XDDX.L - Sharpe Ratio Comparison

The current MVED.L Sharpe Ratio is 0.28, which is comparable to the XDDX.L Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of MVED.L and XDDX.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MVED.L	XDDX.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	0.38	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.50	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.44	+0.08

Drawdowns

MVED.L vs. XDDX.L - Drawdown Comparison

The maximum MVED.L drawdown since its inception was -30.56%, smaller than the maximum XDDX.L drawdown of -39.26%. Use the drawdown chart below to compare losses from any high point for MVED.L and XDDX.L.

Drawdown Indicators

	MVED.L	XDDX.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.56%	-39.26%	+8.70%
Max Drawdown (1Y) Largest decline over 1 year	-7.00%	-12.10%	+5.10%
Max Drawdown (3Y) Largest decline over 3 years	-10.51%	-16.43%	+5.92%
Max Drawdown (5Y) Largest decline over 5 years	-19.54%	-27.09%	+7.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.26%	—
Current Drawdown Current decline from peak	-4.11%	-1.41%	-2.70%
Average Drawdown Average peak-to-trough decline	-5.19%	-7.46%	+2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	4.33%	-1.15%

Volatility

MVED.L vs. XDDX.L - Volatility Comparison

The current volatility for iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist) (MVED.L) is 2.93%, while Xtrackers DAX ESG Screened UCITS ETF 1D (XDDX.L) has a volatility of 4.46%. This indicates that MVED.L experiences smaller price fluctuations and is considered to be less risky than XDDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MVED.L	XDDX.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	4.46%	-1.53%
Volatility (6M) Calculated over the trailing 6-month period	7.14%	11.96%	-4.82%
Volatility (1Y) Calculated over the trailing 1-year period	8.78%	15.51%	-6.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.99%	17.11%	-6.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.63%	18.47%	-5.84%

MVED.L vs. XDDX.L - Expense Ratio Comparison

MVED.L has a 0.25% expense ratio, which is higher than XDDX.L's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

MVED.L vs. XDDX.L - Dividend Comparison

MVED.L has not paid dividends to shareholders, while XDDX.L's dividend yield for the trailing twelve months is around 2.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MVED.L iShares Edge MSCI Europe Minimum Volatility UCITS ETF EUR (Dist)	0.00%	0.00%	0.00%	2.67%	2.95%	2.16%	2.54%	2.81%	2.50%	0.00%	0.00%	0.00%
XDDX.L Xtrackers DAX ESG Screened UCITS ETF 1D	2.30%	2.39%	2.75%	3.30%	5.08%	2.13%	3.09%	2.87%	2.26%	2.08%	1.31%	1.06%

Frequently Asked Questions

Can I hold both MVED.L and XDDX.L in my portfolio?

MVED.L and XDDX.L 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.

Which ETF is better, MVED.L or XDDX.L?

On fees, XDDX.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MVED.L or XDDX.L?

XDDX.L is cheaper with a 0.09% expense ratio, compared with 0.25% for MVED.L.

What is the main difference between MVED.L and XDDX.L?

MVED.L tracks MSCI Europe NR EUR, while XDDX.L tracks FSE DAX TR EUR. They also come from different issuers: BlackRock and Xtrackers. Their fees differ too: 0.25% for MVED.L and 0.09% for XDDX.L.