WCOD.L vs. XSCD.L

Last updated Jun 5, 2026

WCOD.L (SPDR MSCI World Consumer Discretionary UCITS ETF) and XSCD.L (Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D) are both Consumer Discretionary Equities funds tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, from State Street and Xtrackers respectively. Both are passively managed. Over the past 5 years, WCOD.L returned 4.86%/yr vs 7.61%/yr for XSCD.L. A 0.52 correlation means they provide meaningful diversification when combined. WCOD.L charges 0.30%/yr vs 0.12%/yr for XSCD.L.

Performance

WCOD.L vs. XSCD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI World Consumer Discretionary UCITS ETF (WCOD.L) and Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XSCD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WCOD.L is traded in USD, while XSCD.L is traded in GBp. To make them comparable, the XSCD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, WCOD.L achieves a -2.54% return, which is significantly lower than XSCD.L's -0.39% return.

WCOD.L

• 1D: 0.80%
• 1M: -0.41%
• YTD: -2.54%
• 6M: -1.31%
• 1Y: 8.23%
• 3Y*: 12.82%
• 5Y*: 4.86%
• 10Y*: 11.13%

XSCD.L

• 1D: 0.52%
• 1M: -1.04%
• YTD: -0.39%
• 6M: 0.72%
• 1Y: 12.52%
• 3Y*: 17.49%
• 5Y*: 7.61%
• 10Y*: —

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

WCOD.L vs. XSCD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WCOD.L SPDR MSCI World Consumer Discretionary UCITS ETF	-2.54%	8.15%	21.52%	35.76%	-33.88%	18.10%	48.07%
XSCD.L Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D	-0.39%	5.28%	32.25%	46.38%	-39.64%	22.46%	56.72%

Correlation

The correlation between WCOD.L and XSCD.L is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Mar 5, 2020	0.52

The correlation between WCOD.L and XSCD.L shifts across timeframes, from 0.52 (all time) to 0.71 (1 year), reflecting how their relationship changes across market environments.

WCOD.L vs. XSCD.L - Sectors Allocation Comparison

Sectors	WCOD.L	XSCD.L
Consumer Cyclical	96.3%	97.8%
Technology	2.9%	0.8%
Consumer Defensive	0.6%	-
Communication Services	0.1%	1.2%
Industrials	0.1%	-
Basic Materials	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

WCOD.L vs. XSCD.L — Risk / Return Rank

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

WCOD.L

WCOD.L Risk / Return Rank: 16
WCOD.L Sharpe Ratio Rank: 16
WCOD.L Sortino Ratio Rank: 17
WCOD.L Omega Ratio Rank: 16
WCOD.L Calmar Ratio Rank: 15
WCOD.L Martin Ratio Rank: 16

XSCD.L

XSCD.L Risk / Return Rank: 30
XSCD.L Sharpe Ratio Rank: 30
XSCD.L Sortino Ratio Rank: 32
XSCD.L Omega Ratio Rank: 28
XSCD.L Calmar Ratio Rank: 33
XSCD.L Martin Ratio Rank: 28

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.

WCOD.L vs. XSCD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Consumer Discretionary UCITS ETF (WCOD.L) and Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XSCD.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.

	WCOD.L	XSCD.L	Difference
Sharpe ratio: Return per unit of total volatility	0.46	0.93	-0.47
Sortino ratio: Return per unit of downside risk	0.79	1.45	-0.66
Omega ratio: Gain probability vs. loss probability	1.09	1.16	-0.07
Calmar ratio: Return relative to maximum drawdown	0.51	1.35	-0.84
Martin ratio: Return relative to average drawdown	1.51	3.52	-2.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WCOD.L vs. XSCD.L - Sharpe Ratio Comparison

The current WCOD.L Sharpe Ratio is 0.46, which is lower than the XSCD.L Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of WCOD.L and XSCD.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

	WCOD.L	XSCD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	0.93	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.39	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.75	+0.03

Drawdowns

WCOD.L vs. XSCD.L - Drawdown Comparison

The maximum WCOD.L drawdown since its inception was -36.26%, smaller than the maximum XSCD.L drawdown of -41.85%. Use the drawdown chart below to compare losses from any high point for WCOD.L and XSCD.L.

Drawdown Indicators

	WCOD.L	XSCD.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.26%	-41.85%	+5.59%
Max Drawdown (1Y) Largest decline over 1 year	-16.19%	-15.15%	-1.04%
Max Drawdown (3Y) Largest decline over 3 years	-23.04%	-26.56%	+3.52%
Max Drawdown (5Y) Largest decline over 5 years	-36.26%	-41.85%	+5.59%
Max Drawdown (10Y) Largest decline over 10 years	-36.26%	—	—
Current Drawdown Current decline from peak	-5.91%	-4.27%	-1.64%
Average Drawdown Average peak-to-trough decline	-8.44%	-14.40%	+5.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.42%	9.52%	-4.10%

Volatility

WCOD.L vs. XSCD.L - Volatility Comparison

SPDR MSCI World Consumer Discretionary UCITS ETF (WCOD.L) and Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XSCD.L) have volatilities of 5.99% and 5.72%, 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.

Volatility by Period

	WCOD.L	XSCD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.99%	5.72%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	13.97%	15.26%	-1.29%
Volatility (1Y) Calculated over the trailing 1-year period	17.70%	21.93%	-4.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.42%	28.90%	-4.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.43%	33.15%	-7.72%

WCOD.L vs. XSCD.L - Expense Ratio Comparison

WCOD.L has a 0.30% expense ratio, which is higher than XSCD.L's 0.12% expense ratio.

Dividends

WCOD.L vs. XSCD.L - Dividend Comparison

WCOD.L has not paid dividends to shareholders, while XSCD.L's dividend yield for the trailing twelve months is around 0.45%.

Position	TTM	2025	2024	2023	2022	2021	2020
WCOD.L SPDR MSCI World Consumer Discretionary UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSCD.L Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D	0.45%	0.44%	0.40%	0.60%	0.88%	0.36%	0.58%

Frequently Asked Questions

Can I hold both WCOD.L and XSCD.L in my portfolio?

WCOD.L and XSCD.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WCOD.L or XSCD.L?

On fees, XSCD.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WCOD.L or XSCD.L?

XSCD.L is cheaper with a 0.12% expense ratio, compared with 0.30% for WCOD.L.

What is the main difference between WCOD.L and XSCD.L?

Both ETFs track Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.30% for WCOD.L and 0.12% for XSCD.L.