XCS2.DE vs. XDWT.DE
XCS2.DE (Xtrackers II Australia Government Bond UCITS ETF (Acc)) and XDWT.DE (Xtrackers MSCI World Information Technology UCITS ETF 1C) are both exchange-traded funds - XCS2.DE is a Government Bonds fund tracking the FTSE Australian Government Bond Index, while XDWT.DE is a Technology Equities fund tracking the MSCI World Information Technology 20/35 Custom Index. Both are passively managed. Over the past 10 years, XCS2.DE returned -0.09%/yr vs 23.70%/yr for XDWT.DE. At a 0.22 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
XCS2.DE vs. XDWT.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCS2.DE achieves a 8.74% return, which is significantly lower than XDWT.DE's 20.89% return. Over the past 10 years, XCS2.DE has underperformed XDWT.DE with an annualized return of -0.09%, while XDWT.DE has yielded a comparatively higher 23.70% annualized return.
XCS2.DE
- 1D
- 0.64%
- 1M
- 0.17%
- 6M
- 8.57%
- YTD
- 8.74%
- 1Y
- 9.20%
- 3Y*
- 2.45%
- 5Y*
- -1.91%
- 10Y*
- -0.09%
XDWT.DE
- 1D
- 0.48%
- 1M
- -5.44%
- 6M
- 21.56%
- YTD
- 20.89%
- 1Y
- 36.99%
- 3Y*
- 27.01%
- 5Y*
- 19.44%
- 10Y*
- 23.70%
XCS2.DE vs. XDWT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XCS2.DE Xtrackers II Australia Government Bond UCITS ETF (Acc) | 8.74% | -2.17% | -1.70% | 0.78% | -13.88% | -0.26% | 4.13% | 9.65% | -0.82% | -2.48% |
XDWT.DE Xtrackers MSCI World Information Technology UCITS ETF 1C | 20.89% | 9.56% | 41.11% | 50.00% | -28.10% | 41.76% | 30.98% | 51.77% | 0.75% | 21.05% |
Correlation
The correlation between XCS2.DE and XDWT.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2010 | 0.22 |
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Return for Risk
XCS2.DE vs. XDWT.DE — Risk / Return Rank
XCS2.DE
XDWT.DE
XCS2.DE vs. XDWT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Australia Government Bond UCITS ETF (Acc) (XCS2.DE) and Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.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.
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.
| XCS2.DE | XDWT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 2.36 | -0.35 |
| Martin ratioReturn relative to average drawdown | 6.68 | 6.00 | +0.68 |
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Drawdowns
XCS2.DE vs. XDWT.DE - Drawdown Comparison
The maximum XCS2.DE drawdown since its inception was -41.58%, smaller than the maximum XDWT.DE drawdown of -44.55%. Use the drawdown chart below to compare losses from any high point for XCS2.DE and XDWT.DE.
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Drawdown Indicators
| XCS2.DE | XDWT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.58% | -44.55% | +2.97% |
Max Drawdown (1Y)Largest decline over 1 year | -4.56% | -15.59% | +11.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.00% | -29.46% | +17.46% |
Max Drawdown (5Y)Largest decline over 5 years | -22.36% | -29.46% | +7.10% |
Max Drawdown (10Y)Largest decline over 10 years | -41.58% | -31.60% | -9.98% |
Current DrawdownCurrent decline from peak | -32.78% | -5.99% | -26.79% |
Average DrawdownAverage peak-to-trough decline | -25.75% | -8.71% | -17.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 6.15% | -4.78% |
Volatility
XCS2.DE vs. XDWT.DE - Volatility Comparison
The current volatility for Xtrackers II Australia Government Bond UCITS ETF (Acc) (XCS2.DE) is 2.20%, while Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.DE) has a volatility of 8.17%. This indicates that XCS2.DE experiences smaller price fluctuations and is considered to be less risky than XDWT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCS2.DE | XDWT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.20% | 8.17% | -5.97% |
Volatility (6M)Calculated over the trailing 6-month period | 7.40% | 16.29% | -8.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.80% | 21.59% | -12.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.13% | 22.76% | -12.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.02% | 22.23% | -1.21% |
XCS2.DE vs. XDWT.DE - Expense Ratio Comparison
Both XCS2.DE and XDWT.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XCS2.DE vs. XDWT.DE - Dividend Comparison
Neither XCS2.DE nor XDWT.DE has paid dividends to shareholders.
Frequently Asked Questions
XCS2.DE and XDWT.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XCS2.DE and XDWT.DE have the same expense ratio: 0.25% per year.
XCS2.DE is categorized as Government Bonds, while XDWT.DE is Technology Equities. XCS2.DE tracks FTSE Australian Government Bond Index, while XDWT.DE tracks MSCI World Information Technology 20/35 Custom Index.
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