MVEW.DE vs. XEON.DE
MVEW.DE (iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc)) and XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) are both exchange-traded funds - MVEW.DE is a Global Equities fund tracking the MSCI ACWI NR USD, while XEON.DE is a Bank Loan fund tracking the Solactive €STR +8.5 Daily Index. Both are passively managed. Over the past 5 years, MVEW.DE returned 6.47%/yr vs 1.94%/yr for XEON.DE. At a 0.00 correlation, their price movements are largely independent. MVEW.DE charges 0.30%/yr vs 0.10%/yr for XEON.DE.
Performance
MVEW.DE vs. XEON.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MVEW.DE achieves a 1.17% return, which is significantly higher than XEON.DE's 0.80% return.
MVEW.DE
- 1D
- 0.07%
- 1M
- 2.04%
- YTD
- 1.17%
- 6M
- 1.03%
- 1Y
- 0.94%
- 3Y*
- 6.53%
- 5Y*
- 6.47%
- 10Y*
- —
XEON.DE
- 1D
- -0.01%
- 1M
- 0.15%
- YTD
- 0.80%
- 6M
- 0.95%
- 1Y
- 1.95%
- 3Y*
- 2.99%
- 5Y*
- 1.94%
- 10Y*
- 0.70%
MVEW.DE vs. XEON.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MVEW.DE iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) | 1.17% | -0.99% | 17.25% | 6.27% | -5.98% | 26.26% | 1.55% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.80% | 2.25% | 3.78% | 3.30% | -0.04% | -0.58% | -0.32% |
Correlation
The correlation between MVEW.DE and XEON.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020 | 0.00 |
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
MVEW.DE vs. XEON.DE — Risk / Return Rank
MVEW.DE
XEON.DE
MVEW.DE vs. XEON.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) and Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.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.
| MVEW.DE | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.88 | ||
| Sortino ratioReturn per unit of downside risk | -21.10 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 4.27 | -3.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 69.36 | -69.26 |
| Martin ratioReturn relative to average drawdown | 0.20 | 316.53 | -316.33 |
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
| MVEW.DE | XEON.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 8.94 | -8.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 7.54 | -6.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.74 | -0.10 |
Drawdowns
MVEW.DE vs. XEON.DE - Drawdown Comparison
The maximum MVEW.DE drawdown since its inception was -13.19%, which is greater than XEON.DE's maximum drawdown of -3.71%. Use the drawdown chart below to compare losses from any high point for MVEW.DE and XEON.DE.
Loading charts...
Drawdown Indicators
| MVEW.DE | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.19% | -3.71% | -9.48% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -0.03% | -4.65% |
Max Drawdown (3Y)Largest decline over 3 years | -13.19% | -0.08% | -13.11% |
Max Drawdown (5Y)Largest decline over 5 years | -13.19% | -0.71% | -12.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.25% | — |
Current DrawdownCurrent decline from peak | -5.75% | -0.01% | -5.74% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -0.92% | -2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 0.01% | +2.26% |
Volatility
MVEW.DE vs. XEON.DE - Volatility Comparison
iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) has a higher volatility of 2.58% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 0.04%. This indicates that MVEW.DE's price experiences larger fluctuations and is considered to be riskier than XEON.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MVEW.DE | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.58% | 0.04% | +2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 5.42% | 0.16% | +5.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.97% | 0.22% | +7.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.25% | 0.25% | +10.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.82% | 0.39% | +10.43% |
MVEW.DE vs. XEON.DE - Expense Ratio Comparison
MVEW.DE has a 0.30% expense ratio, which is higher than XEON.DE's 0.10% expense ratio.
Dividends
MVEW.DE vs. XEON.DE - Dividend Comparison
Neither MVEW.DE nor XEON.DE has paid dividends to shareholders.
Frequently Asked Questions
MVEW.DE and XEON.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEON.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEON.DE is cheaper with a 0.10% expense ratio, compared with 0.30% for MVEW.DE.
MVEW.DE is categorized as Global Equities, while XEON.DE is Bank Loan. MVEW.DE tracks MSCI ACWI NR USD, while XEON.DE tracks Solactive €STR +8.5 Daily Index. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.30% for MVEW.DE and 0.10% for XEON.DE.
Find the right allocation for MVEW.DE and XEON.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