PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XDEM.L vs. MVUS.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDEM.L vs. MVUS.L

Last updated Jun 9, 2026

XDEM.L (Xtrackers MSCI World Momentum Factor UCITS ETF 1C) and MVUS.L (iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc)) are both exchange-traded funds - XDEM.L is a Momentum fund tracking the MSCI World Momentum Index, while MVUS.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, XDEM.L returned 16.65%/yr vs 11.19%/yr for MVUS.L. A 0.75 correlation means they provide meaningful diversification when combined. XDEM.L charges 0.25%/yr vs 0.20%/yr for MVUS.L.

Performance

XDEM.L vs. MVUS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.L) and iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc) (MVUS.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XDEM.L achieves a 20.43% return, which is significantly higher than MVUS.L's 4.03% return. Over the past 10 years, XDEM.L has outperformed MVUS.L with an annualized return of 16.65%, while MVUS.L has yielded a comparatively lower 11.19% annualized return.

XDEM.L

1D
0.58%
1M
5.51%
YTD
20.43%
6M
19.66%
1Y
32.95%
3Y*
26.16%
5Y*
14.45%
10Y*
16.65%

MVUS.L

1D
-0.44%
1M
4.47%
YTD
4.03%
6M
4.68%
1Y
11.77%
3Y*
11.21%
5Y*
9.95%
10Y*
11.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDEM.L vs. MVUS.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XDEM.L
Xtrackers MSCI World Momentum Factor UCITS ETF 1C		20.43%12.52%32.87%5.88%-8.06%15.61%24.14%23.37%2.28%20.40%
MVUS.L
iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc)		4.03%3.88%20.71%3.83%-0.36%26.59%3.87%26.86%-0.36%6.22%

Correlation

The correlation between XDEM.L and MVUS.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (3Y)
Calculated over the trailing 3-year period

0.61

Correlation (5Y)
Calculated over the trailing 5-year period

0.65

Correlation (10Y)
Calculated over the trailing 10-year period

0.74

Correlation (All Time)
Calculated using the full available price history since Sep 8, 2014

0.75

Over the past year, the correlation between XDEM.L and MVUS.L has dropped to 0.47 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.

XDEM.L vs. MVUS.L - Sectors Allocation Comparison

Sectors
XDEM.L
MVUS.L

Technology

34.6%
29.0%

Industrials

20.5%
5.7%

Financial Services

18.9%
17.8%

Communication Services

7.2%
6.5%

Healthcare

6.0%
13.3%

Basic Materials

4.9%
2.3%

Utilities

2.6%
2.9%

Energy

1.8%
5.2%

Consumer Defensive

1.2%
10.4%

Consumer Cyclical

1.2%
6.9%

Real Estate

1.0%
0.2%

Technology

XDEM.L
34.6%
MVUS.L
29.0%

Industrials

XDEM.L
20.5%
MVUS.L
5.7%

Financial Services

XDEM.L
18.9%
MVUS.L
17.8%

Communication Services

XDEM.L
7.2%
MVUS.L
6.5%

Healthcare

XDEM.L
6.0%
MVUS.L
13.3%

Basic Materials

XDEM.L
4.9%
MVUS.L
2.3%

Utilities

XDEM.L
2.6%
MVUS.L
2.9%

Energy

XDEM.L
1.8%
MVUS.L
5.2%

Consumer Defensive

XDEM.L
1.2%
MVUS.L
10.4%

Consumer Cyclical

XDEM.L
1.2%
MVUS.L
6.9%

Real Estate

XDEM.L
1.0%
MVUS.L
0.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Xtrackers MSCI World Momentum Factor UCITS ETF 1C

iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc)

Often compared with XDEM.L:
XDEM.L vs. XDEV.LXDEM.L vs. XDEM.DEXDEM.L vs. VHVG.LXDEM.L vs. MVOL.LXDEM.L vs. XDEB.LXDEM.L vs. EXCS.LXDEM.L vs. IUMF.L
Often compared with MVUS.L:
MVUS.L vs. USMVMVUS.L vs. XDEB.LMVUS.L vs. MVEA.LMVUS.L vs. GLTS.LMVUS.L vs. HMUD.LMVUS.L vs. XLPP.LMVUS.L vs. JURE.L

Return for Risk

XDEM.L vs. MVUS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XDEM.L
XDEM.L Risk / Return Rank: 7373
Overall Rank
XDEM.L Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
XDEM.L Sortino Ratio Rank: 7474
Sortino Ratio Rank
XDEM.L Omega Ratio Rank: 6868
Omega Ratio Rank
XDEM.L Calmar Ratio Rank: 7878
Calmar Ratio Rank
XDEM.L Martin Ratio Rank: 8080
Martin Ratio Rank
MVUS.L
MVUS.L Risk / Return Rank: 4646
Overall Rank
MVUS.L Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
MVUS.L Sortino Ratio Rank: 4646
Sortino Ratio Rank
MVUS.L Omega Ratio Rank: 4545
Omega Ratio Rank
MVUS.L Calmar Ratio Rank: 4848
Calmar Ratio Rank
MVUS.L Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDEM.L vs. MVUS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.L) and iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc) (MVUS.L). 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.

XDEM.LMVUS.LDifference
Sharpe ratioReturn per unit of total volatility
2.01
1.46

+0.55

Sortino ratioReturn per unit of downside risk
2.97
2.07

+0.90

Omega ratioGain probability vs. loss probability

1.36

1.26

+0.10

Calmar ratioReturn relative to maximum drawdown

3.64

2.18

+1.46

Martin ratioReturn relative to average drawdown

14.15

6.82

+7.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDEM.L vs. MVUS.L - Sharpe Ratio Comparison

The current XDEM.L Sharpe Ratio is 2.01, which is higher than the MVUS.L Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of XDEM.L and MVUS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

XDEM.LMVUS.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.01

1.46

+0.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.67

0.54

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

0.66

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.49

-0.16

Drawdowns

XDEM.L vs. MVUS.L - Drawdown Comparison

The maximum XDEM.L drawdown since its inception was -44.39%, which is greater than MVUS.L's maximum drawdown of -39.22%. Use the drawdown chart below to compare losses from any high point for XDEM.L and MVUS.L.

Loading charts...

Drawdown Indicators

XDEM.LMVUS.LDifference

Max Drawdown

Largest peak-to-trough decline

-44.39%

-39.22%

-5.17%

Max Drawdown (1Y)

Largest decline over 1 year

-9.01%

-5.39%

-3.62%

Max Drawdown (3Y)

Largest decline over 3 years

-21.17%

-20.40%

-0.77%

Max Drawdown (5Y)

Largest decline over 5 years

-21.17%

-20.40%

-0.77%

Max Drawdown (10Y)

Largest decline over 10 years

-23.38%

-24.85%

+1.47%

Current Drawdown

Current decline from peak

-2.24%

-0.44%

-1.80%

Average Drawdown

Average peak-to-trough decline

-12.48%

-7.21%

-5.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.32%

1.72%

+0.60%

Volatility

XDEM.L vs. MVUS.L - Volatility Comparison

Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.L) has a higher volatility of 6.04% compared to iShares Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc) (MVUS.L) at 2.34%. This indicates that XDEM.L's price experiences larger fluctuations and is considered to be riskier than MVUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XDEM.LMVUS.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.04%

2.34%

+3.70%

Volatility (6M)

Calculated over the trailing 6-month period

13.94%

5.60%

+8.34%

Volatility (1Y)

Calculated over the trailing 1-year period

16.37%

8.05%

+8.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.50%

18.31%

+3.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.31%

16.99%

+5.32%

XDEM.L vs. MVUS.L - Expense Ratio Comparison

XDEM.L has a 0.25% expense ratio, which is higher than MVUS.L's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XDEM.L vs. MVUS.L - Dividend Comparison

Neither XDEM.L nor MVUS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

XDEM.L and MVUS.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, MVUS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

MVUS.L is cheaper with a 0.20% expense ratio, compared with 0.25% for XDEM.L.

XDEM.L is categorized as Momentum, while MVUS.L is S&P 500. XDEM.L tracks MSCI World Momentum Index, while MVUS.L tracks S&P 500 Index. They also come from different issuers: DWS and iShares. Their fees differ too: 0.25% for XDEM.L and 0.20% for MVUS.L.

Portfolio Optimizer

Find the right allocation for XDEM.L and MVUS.L

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