XDEQ.DE vs. UEEH.DE
XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) and UEEH.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist) are both Global Equities funds - XDEQ.DE tracks the MSCI ACWI NR USD while UEEH.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, XDEQ.DE returned 11.42%/yr vs 5.98%/yr for UEEH.DE. A 0.71 correlation means they provide meaningful diversification when combined. XDEQ.DE charges 0.25%/yr vs 0.30%/yr for UEEH.DE.
Performance
XDEQ.DE vs. UEEH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEQ.DE achieves a 9.48% return, which is significantly higher than UEEH.DE's 1.54% return.
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%
UEEH.DE
- 1D
- -0.04%
- 1M
- 1.86%
- YTD
- 1.54%
- 6M
- 1.53%
- 1Y
- 0.02%
- 3Y*
- 6.19%
- 5Y*
- 5.98%
- 10Y*
- —
XDEQ.DE vs. UEEH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 9.48% | 2.87% | 23.81% | 21.83% | -14.94% | 34.64% | 7.48% |
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.54% | -1.55% | 17.56% | 3.56% | -4.40% | 23.98% | 0.94% |
Correlation
The correlation between XDEQ.DE and UEEH.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 | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2020 | 0.71 |
Over the past year, the correlation between XDEQ.DE and UEEH.DE has dropped to 0.43 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
XDEQ.DE vs. UEEH.DE — Risk / Return Rank
XDEQ.DE
UEEH.DE
XDEQ.DE vs. UEEH.DE - 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 Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.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.
| XDEQ.DE | UEEH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.85 | ||
| Sortino ratioReturn per unit of downside risk | +2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.00 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | -0.10 | +3.14 |
| Martin ratioReturn relative to average drawdown | 12.17 | -0.22 | +12.39 |
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 | UEEH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | -0.07 | +1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.59 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.65 | +0.15 |
Drawdowns
XDEQ.DE vs. UEEH.DE - Drawdown Comparison
The maximum XDEQ.DE drawdown since its inception was -32.16%, which is greater than UEEH.DE's maximum drawdown of -12.82%. Use the drawdown chart below to compare losses from any high point for XDEQ.DE and UEEH.DE.
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Drawdown Indicators
| XDEQ.DE | UEEH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.16% | -12.82% | -19.34% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -5.49% | -0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -20.59% | -12.82% | -7.77% |
Max Drawdown (5Y)Largest decline over 5 years | -20.59% | -12.82% | -7.77% |
Max Drawdown (10Y)Largest decline over 10 years | -32.16% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -6.93% | +6.93% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -4.41% | -0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 2.52% | -0.96% |
Volatility
XDEQ.DE vs. UEEH.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) is 2.36%, while iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist (UEEH.DE) has a volatility of 2.62%. This indicates that XDEQ.DE experiences smaller price fluctuations and is considered to be less risky than UEEH.DE 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 | UEEH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.36% | 2.62% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 7.32% | 5.56% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.64% | 7.88% | +2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.12% | 10.11% | +4.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 10.26% | +5.09% |
XDEQ.DE vs. UEEH.DE - Expense Ratio Comparison
XDEQ.DE has a 0.25% expense ratio, which is lower than UEEH.DE's 0.30% expense ratio.
Dividends
XDEQ.DE vs. UEEH.DE - Dividend Comparison
XDEQ.DE has not paid dividends to shareholders, while UEEH.DE's dividend yield for the trailing twelve months is around 1.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
UEEH.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD Dist | 1.45% | 1.49% | 1.59% | 1.76% | 1.70% | 1.37% |
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XDEQ.DE and UEEH.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.
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 UEEH.DE.
XDEQ.DE tracks MSCI ACWI NR USD, while UEEH.DE tracks MSCI World Minimum Volatility. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XDEQ.DE and 0.30% for UEEH.DE.
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