WLDL.L vs. ^GDAXI
WLDL.L (Lyxor MSCI World UCITS ETF - Dist) is Global Equities fund tracking the MSCI ACWI NR USD, while ^GDAXI (DAX Performance Index) is an index. Over the past 5 years, WLDL.L returned 13.12%/yr vs 9.87%/yr for ^GDAXI. At a 0.47 correlation, their price movements are largely independent.
Performance
WLDL.L vs. ^GDAXI - Performance Comparison
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Different Trading Currencies
WLDL.L is traded in GBp, while ^GDAXI is traded in EUR. To make them comparable, the ^GDAXI values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WLDL.L achieves a 10.10% return, which is significantly higher than ^GDAXI's 1.06% return.
WLDL.L
- 1D
- 0.04%
- 1M
- 5.13%
- YTD
- 10.10%
- 6M
- 10.45%
- 1Y
- 27.23%
- 3Y*
- 17.72%
- 5Y*
- 13.12%
- 10Y*
- —
^GDAXI
- 1D
- 0.72%
- 1M
- 2.46%
- YTD
- 1.06%
- 6M
- 3.44%
- 1Y
- 5.53%
- 3Y*
- 16.21%
- 5Y*
- 9.87%
- 10Y*
- 10.51%
WLDL.L vs. ^GDAXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WLDL.L Lyxor MSCI World UCITS ETF - Dist | 10.10% | 12.59% | 21.18% | 18.07% | -8.98% | 24.03% | 11.65% | 27.40% | -6.60% | 1.88% |
^GDAXI DAX Performance Index | 1.06% | 29.41% | 13.67% | 17.91% | -7.55% | 7.62% | 9.39% | 18.95% | -17.11% | -1.11% |
Correlation
The correlation between WLDL.L and ^GDAXI is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017 | 0.47 |
The correlation between WLDL.L and ^GDAXI has been stable across timeframes, ranging from 0.47 to 0.55 - a consistent structural relationship.
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Return for Risk
WLDL.L vs. ^GDAXI — Risk / Return Rank
WLDL.L
^GDAXI
WLDL.L vs. ^GDAXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI World UCITS ETF - Dist (WLDL.L) and DAX Performance Index (^GDAXI). 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.
| WLDL.L | ^GDAXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.60 | ||
| Sortino ratioReturn per unit of downside risk | +3.46 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.07 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 4.54 | 0.44 | +4.10 |
| Martin ratioReturn relative to average drawdown | 18.52 | 1.41 | +17.11 |
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
| WLDL.L | ^GDAXI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.95 | 0.35 | +2.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 0.57 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.04 | 0.35 | +0.70 |
Drawdowns
WLDL.L vs. ^GDAXI - Drawdown Comparison
The maximum WLDL.L drawdown since its inception was -24.76%, smaller than the maximum ^GDAXI drawdown of -44.81%. Use the drawdown chart below to compare losses from any high point for WLDL.L and ^GDAXI.
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Drawdown Indicators
| WLDL.L | ^GDAXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.76% | -44.81% | +20.05% |
Max Drawdown (1Y)Largest decline over 1 year | -6.59% | -12.65% | +6.06% |
Max Drawdown (3Y)Largest decline over 3 years | -18.91% | -14.69% | -4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -18.91% | -23.29% | +4.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.76% | — |
Current DrawdownCurrent decline from peak | -0.13% | -2.59% | +2.46% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -8.92% | +5.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 3.91% | -2.33% |
Volatility
WLDL.L vs. ^GDAXI - Volatility Comparison
The current volatility for Lyxor MSCI World UCITS ETF - Dist (WLDL.L) is 2.52%, while DAX Performance Index (^GDAXI) has a volatility of 4.86%. This indicates that WLDL.L experiences smaller price fluctuations and is considered to be less risky than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WLDL.L | ^GDAXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.52% | 4.86% | -2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 7.27% | 12.79% | -5.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.13% | 15.59% | -5.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.30% | 17.11% | -1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.50% | 18.15% | +0.35% |
Frequently Asked Questions
WLDL.L and ^GDAXI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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