XDEQ.DE vs. ^GSPC
XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) is Global Equities fund tracking the MSCI ACWI NR USD, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, XDEQ.DE returned 12.96%/yr vs 13.56%/yr for ^GSPC. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
XDEQ.DE vs. ^GSPC - Performance Comparison
Loading charts...
Different Trading Currencies
XDEQ.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with XDEQ.DE having a 10.63% return and ^GSPC slightly higher at 11.08%. Both investments have delivered pretty close results over the past 10 years, with XDEQ.DE having a 12.96% annualized return and ^GSPC not far ahead at 13.56%.
XDEQ.DE
- 1D
- -0.22%
- 1M
- 1.50%
- YTD
- 10.63%
- 6M
- 11.03%
- 1Y
- 22.25%
- 3Y*
- 15.96%
- 5Y*
- 10.95%
- 10Y*
- 12.96%
^GSPC
- 1D
- -0.08%
- 1M
- 0.13%
- YTD
- 11.08%
- 6M
- 9.99%
- 1Y
- 23.85%
- 3Y*
- 17.70%
- 5Y*
- 12.53%
- 10Y*
- 13.56%
XDEQ.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 10.63% | 2.87% | 23.81% | 21.83% | -14.80% | 34.39% | 4.48% | 34.18% | -3.32% | 8.20% |
^GSPC S&P 500 Index | 11.08% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 4.74% |
Correlation
The correlation between XDEQ.DE and ^GSPC is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2014 | 0.61 |
The correlation between XDEQ.DE and ^GSPC has been stable across timeframes, ranging from 0.57 to 0.64 - a consistent structural relationship.
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
XDEQ.DE vs. ^GSPC — Risk / Return Rank
XDEQ.DE
^GSPC
XDEQ.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) and S&P 500 Index (^GSPC). 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.
| XDEQ.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.35 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 3.17 | +0.39 |
| Martin ratioReturn relative to average drawdown | 14.97 | 11.71 | +3.26 |
Loading charts...
Drawdowns
XDEQ.DE vs. ^GSPC - Drawdown Comparison
The maximum XDEQ.DE drawdown since its inception was -32.18%, smaller than the maximum ^GSPC drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for XDEQ.DE and ^GSPC.
Loading charts...
Drawdown Indicators
| XDEQ.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.18% | -51.62% | +19.44% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -7.57% | +1.35% |
Max Drawdown (3Y)Largest decline over 3 years | -20.59% | -23.99% | +3.40% |
Max Drawdown (5Y)Largest decline over 5 years | -20.59% | -23.99% | +3.40% |
Max Drawdown (10Y)Largest decline over 10 years | -32.18% | -33.42% | +1.24% |
Current DrawdownCurrent decline from peak | -0.32% | -1.08% | +0.76% |
Average DrawdownAverage peak-to-trough decline | -6.57% | -9.08% | +2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 2.04% | -0.56% |
Volatility
XDEQ.DE vs. ^GSPC - Volatility Comparison
The current volatility for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) is 2.31%, while S&P 500 Index (^GSPC) has a volatility of 3.97%. This indicates that XDEQ.DE experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDEQ.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.31% | 3.97% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 7.49% | 9.16% | -1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.74% | 12.60% | -1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.14% | 16.86% | -2.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.85% | 18.61% | -2.76% |
Frequently Asked Questions
XDEQ.DE and ^GSPC have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for XDEQ.DE and ^GSPC
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