NXTG.L vs. XDEV.L

Last updated Jul 16, 2026

NXTG.L (First Trust Indxx NextG UCITS ETF) and XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds - NXTG.L tracks the First Trust Indxx NextG UCITS ETF while XDEV.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 10 years, NXTG.L returned 6.94%/yr vs 11.93%/yr for XDEV.L. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

NXTG.L vs. XDEV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in First Trust Indxx NextG UCITS ETF (NXTG.L) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NXTG.L achieves a 39.36% return, which is significantly higher than XDEV.L's 29.58% return. Over the past 10 years, NXTG.L has underperformed XDEV.L with an annualized return of 6.94%, while XDEV.L has yielded a comparatively higher 11.93% annualized return.

NXTG.L

• 1D: -0.50%
• 1M: -5.27%
• 6M: 36.55%
• YTD: 39.36%
• 1Y: 56.77%
• 3Y*: 16.78%
• 5Y*: 9.76%
• 10Y*: 6.94%

XDEV.L

• 1D: -2.22%
• 1M: -4.46%
• 6M: 25.56%
• YTD: 29.58%
• 1Y: 56.03%
• 3Y*: 25.49%
• 5Y*: 17.13%
• 10Y*: 11.93%

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

NXTG.L vs. XDEV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NXTG.L First Trust Indxx NextG UCITS ETF	39.36%	19.23%	14.96%	0.29%	-24.39%	15.88%	4.17%	8.33%	-27.67%	22.13%
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C	29.58%	30.51%	6.79%	13.25%	1.01%	21.67%	-6.88%	14.56%	-9.23%	11.91%

Correlation

The correlation between NXTG.L and XDEV.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jun 24, 2015	0.55

Over the past year, NXTG.L and XDEV.L have become more correlated (0.81) than their long-term average of 0.55, meaning their price movements have been converging.

Return for Risk

NXTG.L vs. XDEV.L — Risk / Return Rank

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

NXTG.L

NXTG.L Risk / Return Rank: 55
NXTG.L Sharpe Ratio Rank: 42
NXTG.L Sortino Ratio Rank: 48
NXTG.L Omega Ratio Rank: 92
NXTG.L Calmar Ratio Rank: 55
NXTG.L Martin Ratio Rank: 38

XDEV.L

XDEV.L Risk / Return Rank: 96
XDEV.L Sharpe Ratio Rank: 97
XDEV.L Sortino Ratio Rank: 96
XDEV.L Omega Ratio Rank: 96
XDEV.L Calmar Ratio Rank: 97
XDEV.L Martin Ratio Rank: 96

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.

NXTG.L vs. XDEV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx NextG UCITS ETF (NXTG.L) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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.

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.

	NXTG.L	XDEV.L	Difference
Sharpe ratio: Return per unit of total volatility	1.23	3.72	-2.49
Sortino ratio: Return per unit of downside risk	2.01	4.95	-2.94
Omega ratio: Gain probability vs. loss probability	1.50	1.68	-0.18
Calmar ratio: Return relative to maximum drawdown	2.26	8.06	-5.80
Martin ratio: Return relative to average drawdown	4.72	26.50	-21.78

NXTG.L vs. XDEV.L - Sharpe Ratio Comparison

The current NXTG.L Sharpe Ratio is 1.23, which is lower than the XDEV.L Sharpe Ratio of 3.72. The chart below compares the historical Sharpe Ratios of NXTG.L and XDEV.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.

Drawdowns

NXTG.L vs. XDEV.L - Drawdown Comparison

The maximum NXTG.L drawdown since its inception was -45.94%, roughly equal to the maximum XDEV.L drawdown of -45.89%. Use the drawdown chart below to compare losses from any high point for NXTG.L and XDEV.L.

Drawdown Indicators

	NXTG.L	XDEV.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.94%	-45.89%	-0.05%
Max Drawdown (1Y) Largest decline over 1 year	-25.38%	-6.92%	-18.46%
Max Drawdown (3Y) Largest decline over 3 years	-31.89%	-19.90%	-11.99%
Max Drawdown (5Y) Largest decline over 5 years	-32.91%	-19.90%	-13.01%
Max Drawdown (10Y) Largest decline over 10 years	-45.94%	-35.20%	-10.74%
Current Drawdown Current decline from peak	-9.51%	-5.91%	-3.60%
Average Drawdown Average peak-to-trough decline	-19.86%	-15.27%	-4.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.16%	2.11%	+10.05%

Volatility

NXTG.L vs. XDEV.L - Volatility Comparison

First Trust Indxx NextG UCITS ETF (NXTG.L) has a higher volatility of 6.66% compared to Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) at 6.07%. This indicates that NXTG.L's price experiences larger fluctuations and is considered to be riskier than XDEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXTG.L	XDEV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.66%	6.07%	+0.59%
Volatility (6M) Calculated over the trailing 6-month period	15.57%	13.08%	+2.49%
Volatility (1Y) Calculated over the trailing 1-year period	46.75%	15.01%	+31.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.04%	19.12%	+23.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.80%	21.02%	+11.78%

Dividends

NXTG.L vs. XDEV.L - Dividend Comparison

Neither NXTG.L nor XDEV.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NXTG.L and XDEV.L in my portfolio?

NXTG.L and XDEV.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between NXTG.L and XDEV.L?

NXTG.L tracks First Trust Indxx NextG UCITS ETF, while XDEV.L tracks MSCI ACWI Value NR USD. They also come from different issuers: First Trust and DWS.