XDEQ.DE vs. IWQU.L
XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) and IWQU.L (iShares MSCI World Quality Factor UCITS) are both Global Equities funds tracking the MSCI ACWI NR USD, from Xtrackers and iShares respectively. Both are passively managed. Over the past 10 years, XDEQ.DE returned 12.38%/yr vs 11.96%/yr for IWQU.L. A 0.77 correlation means they provide meaningful diversification when combined. XDEQ.DE charges 0.25%/yr vs 0.30%/yr for IWQU.L.
Performance
XDEQ.DE vs. IWQU.L - Performance Comparison
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Different Trading Currencies
XDEQ.DE is traded in EUR, while IWQU.L is traded in USD. To make them comparable, the IWQU.L 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 9.48% return and IWQU.L slightly higher at 9.72%. Both investments have delivered pretty close results over the past 10 years, with XDEQ.DE having a 12.38% annualized return and IWQU.L not far behind at 11.96%.
XDEQ.DE
- 1D
- 0.79%
- 1M
- 3.10%
- YTD
- 9.48%
- 6M
- 9.63%
- 1Y
- 19.01%
- 3Y*
- 15.18%
- 5Y*
- 11.42%
- 10Y*
- 12.38%
IWQU.L
- 1D
- 0.72%
- 1M
- 3.13%
- YTD
- 9.72%
- 6M
- 9.79%
- 1Y
- 18.99%
- 3Y*
- 15.26%
- 5Y*
- 11.36%
- 10Y*
- 11.96%
XDEQ.DE vs. IWQU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 9.48% | 2.87% | 23.81% | 21.83% | -14.94% | 34.64% | 4.47% | 34.18% | -3.32% | 7.04% |
IWQU.L iShares MSCI World Quality Factor UCITS | 9.72% | 1.60% | 25.13% | 21.90% | -14.26% | 32.96% | 5.48% | 32.57% | -3.19% | 8.38% |
Correlation
The correlation between XDEQ.DE and IWQU.L is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2014 | 0.77 |
The correlation between XDEQ.DE and IWQU.L shifts across timeframes, from 0.77 (all time) to 0.91 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XDEQ.DE vs. IWQU.L — Risk / Return Rank
XDEQ.DE
IWQU.L
XDEQ.DE vs. IWQU.L - 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 iShares MSCI World Quality Factor UCITS (IWQU.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.
| XDEQ.DE | IWQU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 3.08 | -0.04 |
| Martin ratioReturn relative to average drawdown | 12.17 | 11.48 | +0.70 |
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
| XDEQ.DE | IWQU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 1.64 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.77 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.77 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.81 | -0.01 |
Drawdowns
XDEQ.DE vs. IWQU.L - Drawdown Comparison
The maximum XDEQ.DE drawdown since its inception was -32.16%, roughly equal to the maximum IWQU.L drawdown of -32.36%. Use the drawdown chart below to compare losses from any high point for XDEQ.DE and IWQU.L.
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Drawdown Indicators
| XDEQ.DE | IWQU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.16% | -32.36% | +0.20% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -6.13% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.59% | -19.86% | -0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -20.59% | -19.86% | -0.73% |
Max Drawdown (10Y)Largest decline over 10 years | -32.16% | -32.36% | +0.20% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -4.64% | -0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.65% | -0.09% |
Volatility
XDEQ.DE vs. IWQU.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) is 2.36%, while iShares MSCI World Quality Factor UCITS (IWQU.L) has a volatility of 2.95%. This indicates that XDEQ.DE experiences smaller price fluctuations and is considered to be less risky than IWQU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDEQ.DE | IWQU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.36% | 2.95% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 7.32% | 8.49% | -1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.64% | 11.55% | -0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.12% | 14.81% | -0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 15.84% | -0.49% |
XDEQ.DE vs. IWQU.L - Expense Ratio Comparison
XDEQ.DE has a 0.25% expense ratio, which is lower than IWQU.L's 0.30% expense ratio.
Dividends
XDEQ.DE vs. IWQU.L - Dividend Comparison
Neither XDEQ.DE nor IWQU.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, XDEQ.DE and IWQU.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XDEQ.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEQ.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for IWQU.L.
Both ETFs track MSCI ACWI NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XDEQ.DE and 0.30% for IWQU.L.
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