XDEQ.L vs. XDWD.DE
XDEQ.L (Xtrackers MSCI World Quality Factor UCITS ETF 1C) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both Global Equities funds from Xtrackers - XDEQ.L tracks the MSCI ACWI NR USD while XDWD.DE tracks the MSCI World. Both are passively managed. Over the past 10 years, XDEQ.L returned 13.78%/yr vs 13.93%/yr for XDWD.DE. A 0.63 correlation means they provide meaningful diversification when combined. XDEQ.L charges 0.25%/yr vs 0.19%/yr for XDWD.DE.
Performance
XDEQ.L vs. XDWD.DE - Performance Comparison
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Different Trading Currencies
XDEQ.L is traded in GBp, while XDWD.DE is traded in EUR. To make them comparable, the XDWD.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDEQ.L achieves a 8.63% return, which is significantly lower than XDWD.DE's 10.04% return. Both investments have delivered pretty close results over the past 10 years, with XDEQ.L having a 13.78% annualized return and XDWD.DE not far ahead at 13.93%.
XDEQ.L
- 1D
- 0.92%
- 1M
- 4.55%
- YTD
- 8.63%
- 6M
- 9.20%
- 1Y
- 22.27%
- 3Y*
- 15.29%
- 5Y*
- 11.55%
- 10Y*
- 13.78%
XDWD.DE
- 1D
- 0.11%
- 1M
- 4.96%
- YTD
- 10.04%
- 6M
- 10.29%
- 1Y
- 27.20%
- 3Y*
- 17.73%
- 5Y*
- 13.05%
- 10Y*
- 13.93%
XDEQ.L vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDEQ.L Xtrackers MSCI World Quality Factor UCITS ETF 1C | 8.63% | 7.52% | 18.91% | 19.22% | -9.44% | 24.28% | 11.14% | 30.48% | -5.16% | 12.25% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 10.04% | 13.46% | 20.49% | 17.78% | -8.94% | 23.37% | 11.43% | 24.44% | -3.60% | 12.45% |
Correlation
The correlation between XDEQ.L and XDWD.DE is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2014 | 0.63 |
Over the past year, XDEQ.L and XDWD.DE have become more correlated (0.86) than their long-term average of 0.63, meaning their price movements have been converging.
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Return for Risk
XDEQ.L vs. XDWD.DE — Risk / Return Rank
XDEQ.L
XDWD.DE
XDEQ.L vs. XDWD.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.L) and Xtrackers MSCI World UCITS ETF 1C (XDWD.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.L | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.47 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.21 | 4.17 | -0.95 |
| Martin ratioReturn relative to average drawdown | 13.32 | 16.30 | -2.98 |
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.L | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.26 | 2.54 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.94 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.13 | 0.93 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 0.86 | +0.34 |
Drawdowns
XDEQ.L vs. XDWD.DE - Drawdown Comparison
The maximum XDEQ.L drawdown since its inception was -23.79%, smaller than the maximum XDWD.DE drawdown of -26.12%. Use the drawdown chart below to compare losses from any high point for XDEQ.L and XDWD.DE.
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Drawdown Indicators
| XDEQ.L | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.79% | -26.12% | +2.33% |
Max Drawdown (1Y)Largest decline over 1 year | -6.90% | -6.50% | -0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -17.96% | -19.71% | +1.75% |
Max Drawdown (5Y)Largest decline over 5 years | -17.96% | -19.71% | +1.75% |
Max Drawdown (10Y)Largest decline over 10 years | -23.79% | -26.12% | +2.33% |
Current DrawdownCurrent decline from peak | 0.00% | -0.14% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -3.78% | -3.46% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 1.66% | +0.01% |
Volatility
XDEQ.L vs. XDWD.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) is 2.57%, while Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) has a volatility of 2.83%. This indicates that XDEQ.L experiences smaller price fluctuations and is considered to be less risky than XDWD.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.L | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.57% | 2.83% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 7.12% | 7.60% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.81% | 10.64% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.37% | 13.69% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.89% | 14.92% | +1.97% |
XDEQ.L vs. XDWD.DE - Expense Ratio Comparison
XDEQ.L has a 0.25% expense ratio, which is higher than XDWD.DE's 0.19% 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
XDEQ.L vs. XDWD.DE - Dividend Comparison
Neither XDEQ.L nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEQ.L and XDWD.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDWD.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWD.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for XDEQ.L.
XDEQ.L tracks MSCI ACWI NR USD, while XDWD.DE tracks MSCI World. Their fees differ too: 0.25% for XDEQ.L and 0.19% for XDWD.DE.
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