XDER.L vs. IWMO.MI
XDER.L (Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C) and IWMO.MI (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) are both exchange-traded funds - XDER.L is a REIT fund tracking the FTSE EPRA Nareit Developed Europe TR EUR, while IWMO.MI is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 10 years, XDER.L returned 0.79%/yr vs 16.43%/yr for IWMO.MI. At a 0.33 correlation, their price movements are largely independent. XDER.L charges 0.33%/yr vs 0.25%/yr for IWMO.MI.
Performance
XDER.L vs. IWMO.MI - Performance Comparison
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Different Trading Currencies
XDER.L is traded in GBp, while IWMO.MI is traded in EUR. To make them comparable, the IWMO.MI values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDER.L achieves a -1.79% return, which is significantly lower than IWMO.MI's 21.55% return. Over the past 10 years, XDER.L has underperformed IWMO.MI with an annualized return of 0.79%, while IWMO.MI has yielded a comparatively higher 16.43% annualized return.
XDER.L
- 1D
- 0.28%
- 1M
- -0.05%
- YTD
- -1.79%
- 6M
- -0.97%
- 1Y
- -0.33%
- 3Y*
- 6.56%
- 5Y*
- -4.50%
- 10Y*
- 0.79%
IWMO.MI
- 1D
- -0.78%
- 1M
- 8.98%
- YTD
- 21.55%
- 6M
- 22.55%
- 1Y
- 35.16%
- 3Y*
- 26.33%
- 5Y*
- 14.84%
- 10Y*
- 16.43%
XDER.L vs. IWMO.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDER.L Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C | -1.79% | 11.17% | -7.99% | 13.38% | -32.92% | 10.39% | -5.98% | 22.10% | -7.09% | 16.56% |
IWMO.MI iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 21.55% | 13.66% | 33.16% | 5.75% | -9.25% | 16.01% | 23.68% | 24.32% | 1.82% | 21.01% |
Correlation
The correlation between XDER.L and IWMO.MI is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2015 | 0.33 |
The correlation between XDER.L and IWMO.MI shifts across timeframes, from 0.22 (3 years) to 0.33 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDER.L vs. IWMO.MI — Risk / Return Rank
XDER.L
IWMO.MI
XDER.L vs. IWMO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (XDER.L) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI). 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.
| XDER.L | IWMO.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -3.05 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.39 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 3.97 | -3.99 |
| Martin ratioReturn relative to average drawdown | -0.05 | 15.08 | -15.13 |
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
| XDER.L | IWMO.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 2.14 | -2.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.21 | 0.88 | -1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.96 | -0.92 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.91 | -0.61 |
Drawdowns
XDER.L vs. IWMO.MI - Drawdown Comparison
The maximum XDER.L drawdown since its inception was -45.20%, which is greater than IWMO.MI's maximum drawdown of -23.31%. Use the drawdown chart below to compare losses from any high point for XDER.L and IWMO.MI.
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Drawdown Indicators
| XDER.L | IWMO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.20% | -23.31% | -21.89% |
Max Drawdown (1Y)Largest decline over 1 year | -16.58% | -8.85% | -7.73% |
Max Drawdown (3Y)Largest decline over 3 years | -19.16% | -21.09% | +1.93% |
Max Drawdown (5Y)Largest decline over 5 years | -45.20% | -21.09% | -24.11% |
Max Drawdown (10Y)Largest decline over 10 years | -45.20% | -23.31% | -21.89% |
Current DrawdownCurrent decline from peak | -27.03% | -0.78% | -26.25% |
Average DrawdownAverage peak-to-trough decline | -13.36% | -5.20% | -8.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.26% | 2.33% | +3.93% |
Volatility
XDER.L vs. IWMO.MI - Volatility Comparison
The current volatility for Xtrackers FTSE EPRA/NAREIT Developed Europe Real Estate UCITS ETF 1C (XDER.L) is 5.38%, while iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI) has a volatility of 5.85%. This indicates that XDER.L experiences smaller price fluctuations and is considered to be less risky than IWMO.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDER.L | IWMO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.38% | 5.85% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 13.22% | 13.86% | -0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.53% | 16.41% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.06% | 16.79% | +4.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.77% | 17.66% | +1.11% |
XDER.L vs. IWMO.MI - Expense Ratio Comparison
XDER.L has a 0.33% expense ratio, which is higher than IWMO.MI's 0.25% expense ratio.
Dividends
XDER.L vs. IWMO.MI - Dividend Comparison
Neither XDER.L nor IWMO.MI has paid dividends to shareholders.
Frequently Asked Questions
XDER.L and IWMO.MI have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IWMO.MI is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IWMO.MI is cheaper with a 0.25% expense ratio, compared with 0.33% for XDER.L.
XDER.L is categorized as REIT, while IWMO.MI is Momentum. XDER.L tracks FTSE EPRA Nareit Developed Europe TR EUR, while IWMO.MI tracks MSCI World Momentum Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.33% for XDER.L and 0.25% for IWMO.MI.
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