SPYQ.DE vs. XDWM.DE
SPYQ.DE (SPDR MSCI Europe Industrials UCITS ETF) and XDWM.DE (Xtrackers MSCI World Materials UCITS ETF 1C) are both Industrials Equities funds - SPYQ.DE tracks the MSCI Europe Industrials 20/35 Capped while XDWM.DE tracks the MSCI World/Materials NR USD. Both are passively managed. Over the past 10 years, SPYQ.DE returned 12.56%/yr vs 10.70%/yr for XDWM.DE. A 0.74 correlation means they provide meaningful diversification when combined. SPYQ.DE charges 0.18%/yr vs 0.25%/yr for XDWM.DE.
Performance
SPYQ.DE vs. XDWM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPYQ.DE achieves a 8.86% return, which is significantly lower than XDWM.DE's 15.62% return. Over the past 10 years, SPYQ.DE has outperformed XDWM.DE with an annualized return of 12.56%, while XDWM.DE has yielded a comparatively lower 10.70% annualized return.
SPYQ.DE
- 1D
- 0.62%
- 1M
- 0.55%
- YTD
- 8.86%
- 6M
- 11.04%
- 1Y
- 15.68%
- 3Y*
- 19.58%
- 5Y*
- 12.85%
- 10Y*
- 12.56%
XDWM.DE
- 1D
- -0.60%
- 1M
- 4.06%
- YTD
- 15.62%
- 6M
- 20.60%
- 1Y
- 29.85%
- 3Y*
- 12.34%
- 5Y*
- 7.86%
- 10Y*
- 10.70%
SPYQ.DE vs. XDWM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYQ.DE SPDR MSCI Europe Industrials UCITS ETF | 8.86% | 25.52% | 14.36% | 26.68% | -16.54% | 28.05% | 4.02% | 37.55% | -14.12% | 15.52% |
XDWM.DE Xtrackers MSCI World Materials UCITS ETF 1C | 15.62% | 12.88% | 0.02% | 10.77% | -4.99% | 26.01% | 9.43% | 25.66% | -13.34% | 13.08% |
Correlation
The correlation between SPYQ.DE and XDWM.DE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2016 | 0.74 |
The correlation between SPYQ.DE and XDWM.DE shifts across timeframes, from 0.56 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SPYQ.DE vs. XDWM.DE — Risk / Return Rank
SPYQ.DE
XDWM.DE
SPYQ.DE vs. XDWM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) and Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.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.
| SPYQ.DE | XDWM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.30 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.17 | -0.99 |
| Martin ratioReturn relative to average drawdown | 4.36 | 8.91 | -4.55 |
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
| SPYQ.DE | XDWM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 1.70 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.46 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.61 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.62 | -0.02 |
Drawdowns
SPYQ.DE vs. XDWM.DE - Drawdown Comparison
The maximum SPYQ.DE drawdown since its inception was -41.44%, which is greater than XDWM.DE's maximum drawdown of -33.91%. Use the drawdown chart below to compare losses from any high point for SPYQ.DE and XDWM.DE.
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Drawdown Indicators
| SPYQ.DE | XDWM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.44% | -33.91% | -7.53% |
Max Drawdown (1Y)Largest decline over 1 year | -13.15% | -13.67% | +0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -18.37% | -20.77% | +2.40% |
Max Drawdown (5Y)Largest decline over 5 years | -29.20% | -20.77% | -8.43% |
Max Drawdown (10Y)Largest decline over 10 years | -41.44% | -33.91% | -7.53% |
Current DrawdownCurrent decline from peak | -2.67% | -2.14% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -6.07% | -5.48% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 3.34% | +0.24% |
Volatility
SPYQ.DE vs. XDWM.DE - Volatility Comparison
SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) and Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.DE) have volatilities of 6.29% and 6.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYQ.DE | XDWM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 6.55% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 16.51% | 15.21% | +1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.70% | 17.45% | +2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.87% | 16.81% | +2.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.60% | 17.58% | +2.02% |
SPYQ.DE vs. XDWM.DE - Expense Ratio Comparison
SPYQ.DE has a 0.18% expense ratio, which is lower than XDWM.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SPYQ.DE vs. XDWM.DE - Dividend Comparison
Neither SPYQ.DE nor XDWM.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYQ.DE and XDWM.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYQ.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYQ.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for XDWM.DE.
SPYQ.DE tracks MSCI Europe Industrials 20/35 Capped, while XDWM.DE tracks MSCI World/Materials NR USD. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.18% for SPYQ.DE and 0.25% for XDWM.DE.
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