XBAT.DE vs. XDWD.DE
XBAT.DE (Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - XBAT.DE is a European Government Bonds fund tracking the iBoxx® EUR Sovereigns Eurozone AAA, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, XBAT.DE returned -0.93%/yr vs 12.83%/yr for XDWD.DE. At a correlation of -0.09, they often move in opposite directions. XBAT.DE charges 0.15%/yr vs 0.19%/yr for XDWD.DE.
Performance
XBAT.DE vs. XDWD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XBAT.DE achieves a -0.07% return, which is significantly lower than XDWD.DE's 10.91% return. Over the past 10 years, XBAT.DE has underperformed XDWD.DE with an annualized return of -0.93%, while XDWD.DE has yielded a comparatively higher 12.83% annualized return.
XBAT.DE
- 1D
- 0.03%
- 1M
- -0.05%
- YTD
- -0.07%
- 6M
- 0.03%
- 1Y
- 1.01%
- 3Y*
- 2.22%
- 5Y*
- -2.38%
- 10Y*
- -0.93%
XDWD.DE
- 1D
- -0.01%
- 1M
- 3.63%
- YTD
- 10.91%
- 6M
- 10.96%
- 1Y
- 23.80%
- 3Y*
- 17.56%
- 5Y*
- 12.89%
- 10Y*
- 12.83%
XBAT.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XBAT.DE Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF | -0.07% | 2.47% | 0.18% | 3.80% | -17.06% | -2.84% | 2.81% | 2.99% | 2.37% | -1.51% |
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 XBAT.DE and XDWD.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2014 | -0.09 |
The correlation between XBAT.DE and XDWD.DE shifts across timeframes, from -0.09 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XBAT.DE vs. XDWD.DE — Risk / Return Rank
XBAT.DE
XDWD.DE
XBAT.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF (XBAT.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.
| XBAT.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.51 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.40 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 3.63 | -3.28 |
| Martin ratioReturn relative to average drawdown | 1.05 | 14.44 | -13.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XBAT.DE | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 2.14 | -1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.39 | 0.90 | -1.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.17 | 0.84 | -1.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.78 | -0.60 |
Drawdowns
XBAT.DE vs. XDWD.DE - Drawdown Comparison
The maximum XBAT.DE drawdown since its inception was -24.48%, smaller than the maximum XDWD.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for XBAT.DE and XDWD.DE.
Loading charts...
Drawdown Indicators
| XBAT.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.48% | -33.55% | +9.07% |
Max Drawdown (1Y)Largest decline over 1 year | -2.01% | -6.54% | +4.53% |
Max Drawdown (3Y)Largest decline over 3 years | -4.50% | -21.64% | +17.14% |
Max Drawdown (5Y)Largest decline over 5 years | -21.97% | -21.64% | -0.33% |
Max Drawdown (10Y)Largest decline over 10 years | -24.48% | -33.55% | +9.07% |
Current DrawdownCurrent decline from peak | -16.49% | -0.33% | -16.16% |
Average DrawdownAverage peak-to-trough decline | -6.97% | -4.55% | -2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 1.65% | -0.98% |
Volatility
XBAT.DE vs. XDWD.DE - Volatility Comparison
The current volatility for Xtrackers iBoxx Sovereigns Eurozone AAA Swap UCITS ETF (XBAT.DE) is 0.75%, while Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) has a volatility of 2.60%. This indicates that XBAT.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.
Loading charts...
Volatility by Period
| XBAT.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 2.60% | -1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 1.93% | 7.77% | -5.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.23% | 11.12% | -8.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.06% | 14.13% | -8.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.39% | 15.16% | -9.77% |
XBAT.DE vs. XDWD.DE - Expense Ratio Comparison
XBAT.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
XBAT.DE vs. XDWD.DE - Dividend Comparison
Neither XBAT.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
XBAT.DE and XDWD.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBAT.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBAT.DE is cheaper with a 0.15% expense ratio, compared with 0.19% for XDWD.DE.
XBAT.DE is categorized as European Government Bonds, while XDWD.DE is Global Equities. XBAT.DE tracks iBoxx® EUR Sovereigns Eurozone AAA, while XDWD.DE tracks MSCI World. Their fees differ too: 0.15% for XBAT.DE and 0.19% for XDWD.DE.
Find the right allocation for XBAT.DE and XDWD.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer