S0LR.DE vs. XDW0.DE
S0LR.DE (Invesco Solar Energy UCITS ETF Acc) and XDW0.DE (Xtrackers MSCI World Energy UCITS ETF 1C) are both Energy Equities funds - S0LR.DE tracks the MAC Global Solar Energy while XDW0.DE tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, S0LR.DE returned -3.99%/yr vs 15.71%/yr for XDW0.DE. At a 0.20 correlation, their price movements are largely independent. S0LR.DE charges 0.69%/yr vs 0.25%/yr for XDW0.DE.
Performance
S0LR.DE vs. XDW0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, S0LR.DE achieves a 39.14% return, which is significantly higher than XDW0.DE's 32.75% return.
S0LR.DE
- 1D
- -2.10%
- 1M
- 15.39%
- YTD
- 39.14%
- 6M
- 44.58%
- 1Y
- 102.95%
- 3Y*
- -3.99%
- 5Y*
- —
- 10Y*
- —
XDW0.DE
- 1D
- -0.47%
- 1M
- -0.80%
- YTD
- 32.75%
- 6M
- 29.37%
- 1Y
- 45.08%
- 3Y*
- 15.71%
- 5Y*
- 20.33%
- 10Y*
- 9.20%
S0LR.DE vs. XDW0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 39.14% | 31.50% | -33.95% | -27.80% | 1.22% | -8.13% |
XDW0.DE Xtrackers MSCI World Energy UCITS ETF 1C | 32.75% | 2.24% | 7.48% | 0.18% | 53.95% | 16.51% |
Correlation
The correlation between S0LR.DE and XDW0.DE is -0.11, 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 | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.20 |
The correlation between S0LR.DE and XDW0.DE shifts across timeframes, from -0.11 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
S0LR.DE vs. XDW0.DE — Risk / Return Rank
S0LR.DE
XDW0.DE
S0LR.DE vs. XDW0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Solar Energy UCITS ETF Acc (S0LR.DE) and Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.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.
| S0LR.DE | XDW0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 8.71 | 2.98 | +5.73 |
| Martin ratioReturn relative to average drawdown | 21.79 | 9.92 | +11.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| S0LR.DE | XDW0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.02 | 2.10 | +0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.84 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 0.37 | -0.48 |
Drawdowns
S0LR.DE vs. XDW0.DE - Drawdown Comparison
The maximum S0LR.DE drawdown since its inception was -73.43%, which is greater than XDW0.DE's maximum drawdown of -61.44%. Use the drawdown chart below to compare losses from any high point for S0LR.DE and XDW0.DE.
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Drawdown Indicators
| S0LR.DE | XDW0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.43% | -61.44% | -11.99% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -15.05% | +3.30% |
Max Drawdown (3Y)Largest decline over 3 years | -65.01% | -23.71% | -41.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.44% | — |
Current DrawdownCurrent decline from peak | -32.82% | -7.38% | -25.44% |
Average DrawdownAverage peak-to-trough decline | -39.70% | -13.84% | -25.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 4.53% | +0.18% |
Volatility
S0LR.DE vs. XDW0.DE - Volatility Comparison
Invesco Solar Energy UCITS ETF Acc (S0LR.DE) has a higher volatility of 12.56% compared to Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.DE) at 6.96%. This indicates that S0LR.DE's price experiences larger fluctuations and is considered to be riskier than XDW0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| S0LR.DE | XDW0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.56% | 6.96% | +5.60% |
Volatility (6M)Calculated over the trailing 6-month period | 23.50% | 18.42% | +5.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.92% | 21.48% | +12.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.23% | 24.04% | +12.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.23% | 26.02% | +10.21% |
S0LR.DE vs. XDW0.DE - Expense Ratio Comparison
S0LR.DE has a 0.69% expense ratio, which is higher than XDW0.DE's 0.25% expense ratio.
Dividends
S0LR.DE vs. XDW0.DE - Dividend Comparison
Neither S0LR.DE nor XDW0.DE has paid dividends to shareholders.
Frequently Asked Questions
S0LR.DE and XDW0.DE have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDW0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDW0.DE is cheaper with a 0.25% expense ratio, compared with 0.69% for S0LR.DE.
S0LR.DE tracks MAC Global Solar Energy, while XDW0.DE tracks MSCI World/Energy NR USD. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.69% for S0LR.DE and 0.25% for XDW0.DE.
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