PSRW.L vs. XDEV.L

Last updated Jun 4, 2026

PSRW.L (Invesco FTSE RAFI All World 3000 UCITS ETF) and XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds tracking the MSCI ACWI Value NR USD, from Invesco and DWS respectively. Both are passively managed. Over the past 10 years, PSRW.L returned 13.16%/yr vs 13.72%/yr for XDEV.L. Their correlation of 0.92 suggests significant overlap in exposure. PSRW.L charges 0.39%/yr vs 0.25%/yr for XDEV.L.

Performance

PSRW.L vs. XDEV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco FTSE RAFI All World 3000 UCITS ETF (PSRW.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, PSRW.L achieves a 15.72% return, which is significantly lower than XDEV.L's 35.72% return. Both investments have delivered pretty close results over the past 10 years, with PSRW.L having a 13.16% annualized return and XDEV.L not far ahead at 13.72%.

PSRW.L

• 1D: 0.10%
• 1M: 5.77%
• YTD: 15.72%
• 6M: 17.26%
• 1Y: 36.84%
• 3Y*: 19.34%
• 5Y*: 13.56%
• 10Y*: 13.16%

XDEV.L

• 1D: 0.47%
• 1M: 17.08%
• YTD: 35.72%
• 6M: 39.33%
• 1Y: 69.28%
• 3Y*: 27.40%
• 5Y*: 17.74%
• 10Y*: 13.72%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSRW.L Invesco FTSE RAFI All World 3000 UCITS ETF	15.72%	19.97%	12.95%	10.09%	2.42%	22.39%	2.67%	17.83%	-7.86%	9.35%
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C	35.72%	30.51%	6.79%	13.25%	1.01%	21.67%	-6.88%	14.56%	-9.23%	11.91%

Correlation

The correlation between PSRW.L and XDEV.L is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Oct 20, 2014	0.92

The correlation between PSRW.L and XDEV.L has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.

PSRW.L vs. XDEV.L - Sectors Allocation Comparison

Sectors	PSRW.L	XDEV.L
Technology	19.1%	33.9%
Financial Services	18.8%	14.8%
Industrials	9.8%	11.4%
Energy	9.5%	3.8%
Healthcare	9.0%	8.8%
Consumer Cyclical	8.5%	7.9%
Communication Services	7.5%	7.5%
Basic Materials	6.7%	3.0%
Consumer Defensive	5.7%	4.5%
Utilities	3.6%	2.6%
Real Estate	1.8%	1.8%

Return for Risk

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

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

PSRW.L

PSRW.L Risk / Return Rank: 93
PSRW.L Sharpe Ratio Rank: 95
PSRW.L Sortino Ratio Rank: 95
PSRW.L Omega Ratio Rank: 95
PSRW.L Calmar Ratio Rank: 90
PSRW.L Martin Ratio Rank: 90

XDEV.L

XDEV.L Risk / Return Rank: 97
XDEV.L Sharpe Ratio Rank: 98
XDEV.L Sortino Ratio Rank: 98
XDEV.L Omega Ratio Rank: 98
XDEV.L Calmar Ratio Rank: 96
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.

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

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI All World 3000 UCITS ETF (PSRW.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.

	PSRW.L	XDEV.L	Difference
Sharpe ratio Return per unit of total volatility	3.85	5.20	-1.35
Sortino ratio Return per unit of downside risk	5.11	7.04	-1.93
Omega ratio Gain probability vs. loss probability	1.74	2.00	-0.26
Calmar ratio Return relative to maximum drawdown	5.56	9.96	-4.41
Martin ratio Return relative to average drawdown	21.51	38.38	-16.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current PSRW.L Sharpe Ratio is 3.85, which is comparable to the XDEV.L Sharpe Ratio of 5.20. The chart below compares the historical Sharpe Ratios of PSRW.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.

Sharpe Ratios by Period

	PSRW.L	XDEV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.85	5.20	-1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.12	1.35	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.91	0.91	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.87	-0.29

Drawdowns

PSRW.L vs. XDEV.L - Drawdown Comparison

The maximum PSRW.L drawdown since its inception was -49.85%, which is greater than XDEV.L's maximum drawdown of -28.20%. Use the drawdown chart below to compare losses from any high point for PSRW.L and XDEV.L.

Drawdown Indicators

	PSRW.L	XDEV.L	Difference
Max Drawdown Largest peak-to-trough decline	-49.85%	-28.20%	-21.65%
Max Drawdown (1Y) Largest decline over 1 year	-6.60%	-6.92%	+0.32%
Max Drawdown (3Y) Largest decline over 3 years	-14.23%	-14.00%	-0.23%
Max Drawdown (5Y) Largest decline over 5 years	-14.23%	-14.00%	-0.23%
Max Drawdown (10Y) Largest decline over 10 years	-29.05%	-28.20%	-0.85%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.34%	-4.35%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	1.80%	-0.09%

Volatility

PSRW.L vs. XDEV.L - Volatility Comparison

The current volatility for Invesco FTSE RAFI All World 3000 UCITS ETF (PSRW.L) is 2.70%, while Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) has a volatility of 5.52%. This indicates that PSRW.L experiences smaller price fluctuations and is considered to be less risky than XDEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSRW.L	XDEV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.70%	5.52%	-2.82%
Volatility (6M) Calculated over the trailing 6-month period	7.14%	10.78%	-3.64%
Volatility (1Y) Calculated over the trailing 1-year period	9.53%	13.26%	-3.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.16%	13.14%	-0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.40%	15.04%	-0.64%

PSRW.L vs. XDEV.L - Expense Ratio Comparison

PSRW.L has a 0.39% expense ratio, which is higher than XDEV.L's 0.25% expense ratio.

Dividends

PSRW.L vs. XDEV.L - Dividend Comparison

PSRW.L's dividend yield for the trailing twelve months is around 1.74%, while XDEV.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSRW.L Invesco FTSE RAFI All World 3000 UCITS ETF	1.74%	2.00%	2.29%	2.46%	2.58%	1.96%	1.99%	2.45%	2.52%	2.03%	1.93%	2.00%
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

PSRW.L and XDEV.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSRW.L or XDEV.L?

On fees, XDEV.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSRW.L or XDEV.L?

XDEV.L is cheaper with a 0.25% expense ratio, compared with 0.39% for PSRW.L.

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

Both ETFs track MSCI ACWI Value NR USD. They also come from different issuers: Invesco and DWS. Their fees differ too: 0.39% for PSRW.L and 0.25% for XDEV.L.