X710.DE vs. XDWD.DE
X710.DE (Xtrackers II Eurozone Government Bond 7-10 UCITS ETF) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - X710.DE is a European Government Bonds fund tracking the Markit iBoxx® EUR Eurozone 7-10, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, X710.DE returned -0.16%/yr vs 12.83%/yr for XDWD.DE. At a 0.06 correlation, their price movements are largely independent. X710.DE charges 0.15%/yr vs 0.19%/yr for XDWD.DE.
Performance
X710.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, X710.DE achieves a 0.09% return, which is significantly lower than XDWD.DE's 10.91% return. Over the past 10 years, X710.DE has underperformed XDWD.DE with an annualized return of -0.16%, while XDWD.DE has yielded a comparatively higher 12.83% annualized return.
X710.DE
- 1D
- 0.11%
- 1M
- 0.63%
- YTD
- 0.09%
- 6M
- -0.04%
- 1Y
- 0.27%
- 3Y*
- 2.66%
- 5Y*
- -2.29%
- 10Y*
- -0.16%
XDWD.DE
- 1D
- -0.01%
- 1M
- 4.72%
- YTD
- 10.91%
- 6M
- 11.37%
- 1Y
- 23.85%
- 3Y*
- 17.56%
- 5Y*
- 12.89%
- 10Y*
- 12.83%
X710.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
X710.DE Xtrackers II Eurozone Government Bond 7-10 UCITS ETF | 0.09% | 1.72% | 0.93% | 8.80% | -19.69% | -3.23% | 4.20% | 6.78% | 1.03% | 0.95% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 10.91% | 7.85% | 25.98% | 20.18% | -13.67% | 32.74% | 5.48% | 31.27% | -4.94% | 7.84% |
Correlation
The correlation between X710.DE and XDWD.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2014 | 0.06 |
Over the past year, X710.DE and XDWD.DE have become more correlated (0.31) than their long-term average of 0.06, meaning their price movements have been converging.
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Return for Risk
X710.DE vs. XDWD.DE — Risk / Return Rank
X710.DE
XDWD.DE
X710.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.DE) and Xtrackers MSCI World UCITS ETF 1C (XDWD.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.
| X710.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.08 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.40 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 3.63 | -3.57 |
| Martin ratioReturn relative to average drawdown | 0.18 | 14.44 | -14.26 |
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
| X710.DE | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | 2.14 | -2.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.90 | -1.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.84 | -0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.78 | -0.24 |
Drawdowns
X710.DE vs. XDWD.DE - Drawdown Comparison
The maximum X710.DE drawdown since its inception was -23.16%, smaller than the maximum XDWD.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for X710.DE and XDWD.DE.
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Drawdown Indicators
| X710.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.16% | -33.55% | +10.39% |
Max Drawdown (1Y)Largest decline over 1 year | -4.18% | -6.54% | +2.36% |
Max Drawdown (3Y)Largest decline over 3 years | -4.55% | -21.64% | +17.09% |
Max Drawdown (5Y)Largest decline over 5 years | -22.84% | -21.64% | -1.20% |
Max Drawdown (10Y)Largest decline over 10 years | -23.16% | -33.55% | +10.39% |
Current DrawdownCurrent decline from peak | -13.46% | -0.33% | -13.13% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -4.55% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 1.65% | -0.10% |
Volatility
X710.DE vs. XDWD.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X710.DE) is 1.94%, while Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) has a volatility of 2.60%. This indicates that X710.DE experiences smaller price fluctuations and is considered to be less risky than XDWD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| X710.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.94% | 2.60% | -0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 4.15% | 7.77% | -3.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.91% | 11.12% | -6.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.35% | 14.13% | -6.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.39% | 15.16% | -8.77% |
X710.DE vs. XDWD.DE - Expense Ratio Comparison
X710.DE has a 0.15% expense ratio, which is lower than XDWD.DE's 0.19% 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
X710.DE vs. XDWD.DE - Dividend Comparison
Neither X710.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
X710.DE and XDWD.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, X710.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
X710.DE is cheaper with a 0.15% expense ratio, compared with 0.19% for XDWD.DE.
X710.DE is categorized as European Government Bonds, while XDWD.DE is Global Equities. X710.DE tracks Markit iBoxx® EUR Eurozone 7-10, while XDWD.DE tracks MSCI World. Their fees differ too: 0.15% for X710.DE and 0.19% for XDWD.DE.
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