OPEN.DE vs. XDEB.DE
OPEN.DE (iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc)) and XDEB.DE (Xtrackers MSCI World Minimum Volatility UCITS ETF 1C) are both Global Equities funds - OPEN.DE tracks the MSCI ACWI Value NR USD while XDEB.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, OPEN.DE returned 11.65%/yr vs 6.21%/yr for XDEB.DE. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
OPEN.DE vs. XDEB.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OPEN.DE achieves a 19.86% return, which is significantly higher than XDEB.DE's 1.74% return.
OPEN.DE
- 1D
- -0.71%
- 1M
- 9.46%
- YTD
- 19.86%
- 6M
- 21.23%
- 1Y
- 28.67%
- 3Y*
- 16.69%
- 5Y*
- 11.65%
- 10Y*
- —
XDEB.DE
- 1D
- -0.04%
- 1M
- 1.84%
- YTD
- 1.74%
- 6M
- 1.64%
- 1Y
- 0.46%
- 3Y*
- 6.45%
- 5Y*
- 6.21%
- 10Y*
- 6.88%
OPEN.DE vs. XDEB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
OPEN.DE iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc) | 19.86% | 10.46% | 14.15% | 11.37% | -3.82% | 27.16% | 0.34% | 25.25% | -8.09% |
XDEB.DE Xtrackers MSCI World Minimum Volatility UCITS ETF 1C | 1.74% | -1.27% | 17.83% | 3.66% | -4.06% | 24.01% | -6.66% | 26.17% | -5.26% |
Correlation
The correlation between OPEN.DE and XDEB.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2018 | 0.68 |
Over the past year, the correlation between OPEN.DE and XDEB.DE has dropped to 0.43 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.
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
OPEN.DE vs. XDEB.DE — Risk / Return Rank
OPEN.DE
XDEB.DE
OPEN.DE vs. XDEB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc) (OPEN.DE) and Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.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.
| OPEN.DE | XDEB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.41 | ||
| Sortino ratioReturn per unit of downside risk | +3.44 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.00 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | -0.02 | +3.52 |
| Martin ratioReturn relative to average drawdown | 12.97 | -0.03 | +13.00 |
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
| OPEN.DE | XDEB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | -0.01 | +2.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.61 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.70 | +0.07 |
Drawdowns
OPEN.DE vs. XDEB.DE - Drawdown Comparison
The maximum OPEN.DE drawdown since its inception was -33.09%, which is greater than XDEB.DE's maximum drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for OPEN.DE and XDEB.DE.
Loading charts...
Drawdown Indicators
| OPEN.DE | XDEB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.09% | -28.57% | -4.52% |
Max Drawdown (1Y)Largest decline over 1 year | -8.16% | -5.31% | -2.85% |
Max Drawdown (3Y)Largest decline over 3 years | -19.68% | -13.02% | -6.66% |
Max Drawdown (5Y)Largest decline over 5 years | -19.68% | -13.02% | -6.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.57% | — |
Current DrawdownCurrent decline from peak | -2.06% | -6.53% | +4.47% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -5.03% | +1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 2.37% | -0.16% |
Volatility
OPEN.DE vs. XDEB.DE - Volatility Comparison
iShares Refinitiv Inclusion and Diversity UCITS ETF USD (Acc) (OPEN.DE) has a higher volatility of 4.89% compared to Xtrackers MSCI World Minimum Volatility UCITS ETF 1C (XDEB.DE) at 2.63%. This indicates that OPEN.DE's price experiences larger fluctuations and is considered to be riskier than XDEB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OPEN.DE | XDEB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.89% | 2.63% | +2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | 5.56% | +4.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 7.86% | +4.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.04% | 10.16% | +2.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.46% | 12.03% | +3.43% |
OPEN.DE vs. XDEB.DE - Expense Ratio Comparison
Both OPEN.DE and XDEB.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
OPEN.DE vs. XDEB.DE - Dividend Comparison
Neither OPEN.DE nor XDEB.DE has paid dividends to shareholders.
Frequently Asked Questions
OPEN.DE and XDEB.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
OPEN.DE and XDEB.DE have the same expense ratio: 0.25% per year.
OPEN.DE tracks MSCI ACWI Value NR USD, while XDEB.DE tracks MSCI ACWI NR USD. They also come from different issuers: iShares and DWS.
Find the right allocation for OPEN.DE and XDEB.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