ROLG.L vs. XDEQ.L
ROLG.L (iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD) and XDEQ.L (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both exchange-traded funds - ROLG.L is a Commodities fund tracking the Bloomberg Roll Select Commodity, while XDEQ.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, ROLG.L returned 12.96%/yr vs 10.70%/yr for XDEQ.L. At a 0.24 correlation, their price movements are largely independent. ROLG.L charges 0.28%/yr vs 0.25%/yr for XDEQ.L.
Performance
ROLG.L vs. XDEQ.L - Performance Comparison
Loading charts...
Different Trading Currencies
ROLG.L is traded in GBP, while XDEQ.L is traded in GBp. To make them comparable, the XDEQ.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, ROLG.L achieves a 23.13% return, which is significantly higher than XDEQ.L's 10.28% return.
ROLG.L
- 1D
- -0.63%
- 1M
- 0.77%
- 6M
- 15.88%
- YTD
- 23.13%
- 1Y
- 33.33%
- 3Y*
- 13.22%
- 5Y*
- 12.96%
- 10Y*
- —
XDEQ.L
- 1D
- -0.33%
- 1M
- 0.35%
- 6M
- 8.64%
- YTD
- 10.28%
- 1Y
- 19.89%
- 3Y*
- 15.94%
- 5Y*
- 10.70%
- 10Y*
- 12.54%
ROLG.L vs. XDEQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ROLG.L iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD | 23.13% | 8.66% | 6.32% | -7.36% | 30.51% | 29.23% | -2.41% | 1.84% | -30.50% |
XDEQ.L Xtrackers MSCI World Quality Factor UCITS ETF 1C | 10.28% | 7.52% | 18.91% | 19.22% | -9.44% | 25.15% | 10.98% | 26.01% | -11.21% |
Correlation
The correlation between ROLG.L and XDEQ.L is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2018 | 0.24 |
The correlation between ROLG.L and XDEQ.L shifts across timeframes, from -0.14 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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
ROLG.L vs. XDEQ.L — Risk / Return Rank
ROLG.L
XDEQ.L
ROLG.L vs. XDEQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.L) and Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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.
| ROLG.L | XDEQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 2.87 | -0.21 |
| Martin ratioReturn relative to average drawdown | 8.98 | 11.95 | -2.97 |
Loading charts...
Drawdowns
ROLG.L vs. XDEQ.L - Drawdown Comparison
The maximum ROLG.L drawdown since its inception was -40.64%, smaller than the maximum XDEQ.L drawdown of -44.31%. Use the drawdown chart below to compare losses from any high point for ROLG.L and XDEQ.L.
Loading charts...
Drawdown Indicators
| ROLG.L | XDEQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.64% | -44.31% | +3.67% |
Max Drawdown (1Y)Largest decline over 1 year | -12.50% | -6.90% | -5.60% |
Max Drawdown (3Y)Largest decline over 3 years | -25.00% | -20.24% | -4.76% |
Max Drawdown (5Y)Largest decline over 5 years | -25.00% | -20.24% | -4.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.31% | — |
Current DrawdownCurrent decline from peak | -7.94% | -0.82% | -7.12% |
Average DrawdownAverage peak-to-trough decline | -18.36% | -12.35% | -6.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.70% | 1.66% | +2.04% |
Volatility
ROLG.L vs. XDEQ.L - Volatility Comparison
iShares Bloomberg Roll Select Commodity Swap UCITS ETF USD (ROLG.L) has a higher volatility of 4.19% compared to Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) at 2.56%. This indicates that ROLG.L's price experiences larger fluctuations and is considered to be riskier than XDEQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ROLG.L | XDEQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.19% | 2.56% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 14.27% | 7.40% | +6.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.45% | 9.98% | +6.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.17% | 19.19% | +2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.63% | 20.48% | +1.15% |
ROLG.L vs. XDEQ.L - Expense Ratio Comparison
ROLG.L has a 0.28% expense ratio, which is higher than XDEQ.L's 0.25% expense ratio.
Dividends
ROLG.L vs. XDEQ.L - Dividend Comparison
Neither ROLG.L nor XDEQ.L has paid dividends to shareholders.
Frequently Asked Questions
ROLG.L and XDEQ.L have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEQ.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEQ.L is cheaper with a 0.25% expense ratio, compared with 0.28% for ROLG.L.
ROLG.L is categorized as Commodities, while XDEQ.L is Global Equities. ROLG.L tracks Bloomberg Roll Select Commodity, while XDEQ.L tracks MSCI ACWI NR USD. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.28% for ROLG.L and 0.25% for XDEQ.L.
Find the right allocation for ROLG.L and XDEQ.L
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