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 10 years, WLDL.L returned 12.55%/yr vs 9.53%/yr for ^GDAXI. A 0.63 correlation means they provide meaningful diversification when combined.
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 9.32% return, which is significantly higher than ^GDAXI's -1.18% return. Over the past 10 years, WLDL.L has outperformed ^GDAXI with an annualized return of 12.55%, while ^GDAXI has yielded a comparatively lower 9.53% annualized return.
WLDL.L
- 1D
- 0.25%
- 1M
- -1.62%
- 6M
- 8.66%
- YTD
- 9.32%
- 1Y
- 20.18%
- 3Y*
- 16.58%
- 5Y*
- 11.83%
- 10Y*
- 12.55%
- ALL TIME*
- 8.05%
^GDAXI
- 1D
- 0.00%
- 1M
- -2.52%
- 6M
- -2.50%
- YTD
- -1.18%
- 1Y
- 0.34%
- 3Y*
- 14.67%
- 5Y*
- 9.75%
- 10Y*
- 9.53%
- ALL TIME*
- 7.83%
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 | 9.32% | 12.59% | 21.18% | 17.67% | -8.34% | 23.63% | 12.24% | 23.12% | -3.87% | 11.76% |
^GDAXI DAX Performance Index | -1.18% | 29.41% | 13.67% | 17.91% | -7.55% | 7.62% | 9.39% | 18.95% | -17.11% | 17.32% |
Correlation
The correlation between WLDL.L and ^GDAXI is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.63 |
The correlation between WLDL.L and ^GDAXI has been stable across timeframes, ranging from 0.63 to 0.73 - 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.
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.
| WLDL.L | ^GDAXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.02 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 0.03 | +3.02 |
| Martin ratioReturn relative to average drawdown | 11.84 | 0.08 | +11.76 |
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Drawdowns
WLDL.L vs. ^GDAXI - Drawdown Comparison
The maximum WLDL.L drawdown since its inception was -49.43%, which is greater than ^GDAXI's maximum 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 | -49.43% | -44.81% | -4.62% |
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 | -25.61% | -33.76% | +8.15% |
Current DrawdownCurrent decline from peak | -1.62% | -4.74% | +3.12% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -8.89% | +0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 4.08% | -2.38% |
Volatility
WLDL.L vs. ^GDAXI - Volatility Comparison
The current volatility for Lyxor MSCI World UCITS ETF - Dist (WLDL.L) is 2.87%, while DAX Performance Index (^GDAXI) has a volatility of 4.69%. 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 | 2.87% | 4.69% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 7.80% | 13.47% | -5.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.59% | 15.85% | -5.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.35% | 17.15% | -3.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.51% | 18.16% | -3.65% |
Frequently Asked Questions
WLDL.L and ^GDAXI have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for WLDL.L and ^GDAXI
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