XDEV.DE vs. ETLQ.DE
XDEV.DE (Xtrackers MSCI World Value Factor UCITS ETF 1C) and ETLQ.DE (L&G Global Equity UCITS ETF) are both Global Equities funds - XDEV.DE tracks the MSCI ACWI Value NR USD while ETLQ.DE tracks the Solactive Core Developed Markets Large & Mid Cap. Both are passively managed. Over the past 5 years, XDEV.DE returned 17.35%/yr vs 13.10%/yr for ETLQ.DE. Their correlation of 0.82 suggests significant overlap in exposure. XDEV.DE charges 0.25%/yr vs 0.10%/yr for ETLQ.DE.
Performance
XDEV.DE vs. ETLQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEV.DE achieves a 35.07% return, which is significantly higher than ETLQ.DE's 10.88% return.
XDEV.DE
- 1D
- -0.89%
- 1M
- 12.68%
- YTD
- 35.07%
- 6M
- 38.48%
- 1Y
- 63.09%
- 3Y*
- 26.76%
- 5Y*
- 17.35%
- 10Y*
- 12.35%
ETLQ.DE
- 1D
- 0.00%
- 1M
- 4.96%
- YTD
- 10.88%
- 6M
- 11.36%
- 1Y
- 23.93%
- 3Y*
- 17.73%
- 5Y*
- 13.10%
- 10Y*
- —
XDEV.DE vs. ETLQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XDEV.DE Xtrackers MSCI World Value Factor UCITS ETF 1C | 35.07% | 24.76% | 11.62% | 15.67% | -4.96% | 30.90% | -12.53% | 14.49% |
ETLQ.DE L&G Global Equity UCITS ETF | 10.88% | 8.14% | 26.10% | 20.83% | -13.64% | 32.63% | 5.63% | 24.59% |
Correlation
The correlation between XDEV.DE and ETLQ.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019 | 0.82 |
The correlation between XDEV.DE and ETLQ.DE has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.
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Return for Risk
XDEV.DE vs. ETLQ.DE — Risk / Return Rank
XDEV.DE
ETLQ.DE
XDEV.DE vs. ETLQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.DE) and L&G Global Equity UCITS ETF (ETLQ.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.
| XDEV.DE | ETLQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.81 | 1.39 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 10.38 | 3.56 | +6.81 |
| Martin ratioReturn relative to average drawdown | 39.12 | 14.23 | +24.89 |
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
| XDEV.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.52 | 2.13 | +2.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.23 | 0.92 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.93 | -0.22 |
Drawdowns
XDEV.DE vs. ETLQ.DE - Drawdown Comparison
The maximum XDEV.DE drawdown since its inception was -35.28%, which is greater than ETLQ.DE's maximum drawdown of -33.38%. Use the drawdown chart below to compare losses from any high point for XDEV.DE and ETLQ.DE.
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Drawdown Indicators
| XDEV.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.28% | -33.38% | -1.90% |
Max Drawdown (1Y)Largest decline over 1 year | -6.05% | -6.68% | +0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -18.02% | -21.58% | +3.56% |
Max Drawdown (5Y)Largest decline over 5 years | -18.02% | -21.58% | +3.56% |
Max Drawdown (10Y)Largest decline over 10 years | -35.28% | — | — |
Current DrawdownCurrent decline from peak | -1.07% | -0.34% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -4.33% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 1.68% | -0.07% |
Volatility
XDEV.DE vs. ETLQ.DE - Volatility Comparison
Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.DE) has a higher volatility of 5.77% compared to L&G Global Equity UCITS ETF (ETLQ.DE) at 2.68%. This indicates that XDEV.DE's price experiences larger fluctuations and is considered to be riskier than ETLQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDEV.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 2.68% | +3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 11.20% | 7.77% | +3.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.89% | 11.18% | +2.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.96% | 14.06% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.90% | 15.74% | +0.16% |
XDEV.DE vs. ETLQ.DE - Expense Ratio Comparison
XDEV.DE has a 0.25% expense ratio, which is higher than ETLQ.DE's 0.10% 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
XDEV.DE vs. ETLQ.DE - Dividend Comparison
Neither XDEV.DE nor ETLQ.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEV.DE and ETLQ.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLQ.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLQ.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for XDEV.DE.
XDEV.DE tracks MSCI ACWI Value NR USD, while ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap. They also come from different issuers: DWS and Legal & General. Their fees differ too: 0.25% for XDEV.DE and 0.10% for ETLQ.DE.
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