XDEM.L vs. XDWM.DE
XDEM.L (Xtrackers MSCI World Momentum Factor UCITS ETF 1C) and XDWM.DE (Xtrackers MSCI World Materials UCITS ETF 1C) are both exchange-traded funds - XDEM.L is a Momentum fund tracking the MSCI World Momentum Index, while XDWM.DE is a Industrials Equities fund tracking the MSCI World/Materials NR USD. Both are passively managed. Over the past 10 years, XDEM.L returned 17.01%/yr vs 12.07%/yr for XDWM.DE. A 0.61 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
XDEM.L vs. XDWM.DE - Performance Comparison
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Different Trading Currencies
XDEM.L is traded in GBp, while XDWM.DE is traded in EUR. To make them comparable, the XDWM.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDEM.L achieves a 23.18% return, which is significantly higher than XDWM.DE's 15.30% return. Over the past 10 years, XDEM.L has outperformed XDWM.DE with an annualized return of 17.01%, while XDWM.DE has yielded a comparatively lower 12.07% annualized return.
XDEM.L
- 1D
- 1.40%
- 1M
- 11.96%
- YTD
- 23.18%
- 6M
- 24.68%
- 1Y
- 36.45%
- 3Y*
- 26.71%
- 5Y*
- 15.08%
- 10Y*
- 17.01%
XDWM.DE
- 1D
- -0.46%
- 1M
- 5.86%
- YTD
- 15.30%
- 6M
- 19.99%
- 1Y
- 35.27%
- 3Y*
- 12.79%
- 5Y*
- 8.13%
- 10Y*
- 12.07%
XDEM.L vs. XDWM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDEM.L Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 23.18% | 12.52% | 32.87% | 5.88% | -8.06% | 15.61% | 24.14% | 23.37% | 2.28% | 20.40% |
XDWM.DE Xtrackers MSCI World Materials UCITS ETF 1C | 15.30% | 18.75% | -4.34% | 8.56% | 0.21% | 17.12% | 15.61% | 19.12% | -12.12% | 17.91% |
Correlation
The correlation between XDEM.L and XDWM.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2016 | 0.61 |
The correlation between XDEM.L and XDWM.DE shifts across timeframes, from 0.43 (1 year) to 0.61 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
XDEM.L vs. XDWM.DE — Risk / Return Rank
XDEM.L
XDWM.DE
XDEM.L vs. XDWM.DE - 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 Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.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.
| XDEM.L | XDWM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.03 | 2.41 | +1.62 |
| Martin ratioReturn relative to average drawdown | 15.69 | 9.50 | +6.20 |
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
| XDEM.L | XDWM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.25 | 2.06 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.50 | +0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 0.70 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.70 | +0.27 |
Drawdowns
XDEM.L vs. XDWM.DE - Drawdown Comparison
The maximum XDEM.L drawdown since its inception was -22.42%, smaller than the maximum XDWM.DE drawdown of -28.97%. Use the drawdown chart below to compare losses from any high point for XDEM.L and XDWM.DE.
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Drawdown Indicators
| XDEM.L | XDWM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.42% | -28.97% | +6.55% |
Max Drawdown (1Y)Largest decline over 1 year | -9.01% | -14.59% | +5.58% |
Max Drawdown (3Y)Largest decline over 3 years | -19.99% | -19.53% | -0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -20.13% | -19.53% | -0.60% |
Max Drawdown (10Y)Largest decline over 10 years | -22.42% | -28.97% | +6.55% |
Current DrawdownCurrent decline from peak | 0.00% | -2.88% | +2.88% |
Average DrawdownAverage peak-to-trough decline | -4.99% | -4.92% | -0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 3.70% | -1.38% |
Volatility
XDEM.L vs. XDWM.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.L) is 5.92%, while Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.DE) has a volatility of 6.93%. This indicates that XDEM.L experiences smaller price fluctuations and is considered to be less risky than XDWM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDEM.L | XDWM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 6.93% | -1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 13.77% | 14.88% | -1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.16% | 17.01% | -0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.41% | 16.18% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 17.18% | -0.38% |
XDEM.L vs. XDWM.DE - Expense Ratio Comparison
Both XDEM.L and XDWM.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
XDEM.L vs. XDWM.DE - Dividend Comparison
Neither XDEM.L nor XDWM.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEM.L and XDWM.DE have a correlation of 0.43, 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.
XDEM.L and XDWM.DE have the same expense ratio: 0.25% per year.
XDEM.L is categorized as Momentum, while XDWM.DE is Industrials Equities. XDEM.L tracks MSCI World Momentum Index, while XDWM.DE tracks MSCI World/Materials NR USD. They also come from different issuers: DWS and Xtrackers.
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