XDEV.L vs. UC07.L

Last updated Jun 5, 2026

XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) and UC07.L (UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis) are both exchange-traded funds - XDEV.L is a Global Equities fund tracking the MSCI ACWI Value NR USD, while UC07.L is a Large Cap Value Equities fund tracking the Russell 1000 Value TR USD. Both are passively managed. Over the past 10 years, XDEV.L returned 13.44%/yr vs 11.17%/yr for UC07.L. Their correlation of 0.84 suggests significant overlap in exposure. XDEV.L charges 0.25%/yr vs 0.20%/yr for UC07.L.

Performance

XDEV.L vs. UC07.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) and UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDEV.L achieves a 34.49% return, which is significantly higher than UC07.L's 10.79% return. Over the past 10 years, XDEV.L has outperformed UC07.L with an annualized return of 13.44%, while UC07.L has yielded a comparatively lower 11.17% annualized return.

XDEV.L

• 1D: -0.91%
• 1M: 13.12%
• YTD: 34.49%
• 6M: 37.39%
• 1Y: 67.77%
• 3Y*: 26.92%
• 5Y*: 17.53%
• 10Y*: 13.44%

UC07.L

• 1D: 0.70%
• 1M: 3.94%
• YTD: 10.79%
• 6M: 11.16%
• 1Y: 23.90%
• 3Y*: 13.53%
• 5Y*: 10.41%
• 10Y*: 11.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDEV.L vs. UC07.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C	34.49%	30.51%	6.79%	13.25%	1.01%	21.67%	-6.88%	14.56%	-9.23%	11.91%
UC07.L UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis	10.79%	5.98%	15.41%	3.09%	4.71%	28.76%	-3.62%	20.51%	-3.14%	4.81%

Correlation

The correlation between XDEV.L and UC07.L is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Oct 20, 2014	0.84

The correlation between XDEV.L and UC07.L shifts across timeframes, from 0.67 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

XDEV.L vs. UC07.L - Sectors Allocation Comparison

Sectors	XDEV.L	UC07.L
Technology	33.9%	14.7%
Financial Services	14.8%	18.6%
Industrials	11.4%	10.9%
Healthcare	8.8%	11.9%
Consumer Cyclical	7.9%	5.2%
Communication Services	7.5%	14.2%
Consumer Defensive	4.5%	7.7%
Energy	3.8%	6.6%
Basic Materials	3.0%	3.1%
Utilities	2.6%	4.0%
Real Estate	1.8%	3.2%

Return for Risk

XDEV.L vs. UC07.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDEV.L

XDEV.L Risk / Return Rank: 97
XDEV.L Sharpe Ratio Rank: 98
XDEV.L Sortino Ratio Rank: 98
XDEV.L Omega Ratio Rank: 97
XDEV.L Calmar Ratio Rank: 96
XDEV.L Martin Ratio Rank: 96

UC07.L

UC07.L Risk / Return Rank: 83
UC07.L Sharpe Ratio Rank: 84
UC07.L Sortino Ratio Rank: 83
UC07.L Omega Ratio Rank: 82
UC07.L Calmar Ratio Rank: 83
UC07.L Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDEV.L vs. UC07.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) and UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.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.

	XDEV.L	UC07.L	Difference
Sharpe ratio: Return per unit of total volatility	5.07	2.70	+2.37
Sortino ratio: Return per unit of downside risk	6.87	3.67	+3.20
Omega ratio: Gain probability vs. loss probability	1.97	1.48	+0.48
Calmar ratio: Return relative to maximum drawdown	9.75	4.38	+5.37
Martin ratio: Return relative to average drawdown	37.53	16.39	+21.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDEV.L vs. UC07.L - Sharpe Ratio Comparison

The current XDEV.L Sharpe Ratio is 5.07, which is higher than the UC07.L Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of XDEV.L and UC07.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XDEV.L	UC07.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.07	2.70	+2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.33	0.83	+0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.89	0.75	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.76	+0.11

Drawdowns

XDEV.L vs. UC07.L - Drawdown Comparison

The maximum XDEV.L drawdown since its inception was -28.20%, roughly equal to the maximum UC07.L drawdown of -28.73%. Use the drawdown chart below to compare losses from any high point for XDEV.L and UC07.L.

Drawdown Indicators

	XDEV.L	UC07.L	Difference
Max Drawdown Largest peak-to-trough decline	-28.20%	-28.73%	+0.53%
Max Drawdown (1Y) Largest decline over 1 year	-6.92%	-5.43%	-1.49%
Max Drawdown (3Y) Largest decline over 3 years	-14.00%	-16.76%	+2.76%
Max Drawdown (5Y) Largest decline over 5 years	-14.00%	-16.76%	+2.76%
Max Drawdown (10Y) Largest decline over 10 years	-28.20%	-28.73%	+0.53%
Current Drawdown Current decline from peak	-0.91%	0.00%	-0.91%
Average Drawdown Average peak-to-trough decline	-4.35%	-3.95%	-0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	1.45%	+0.35%

Volatility

XDEV.L vs. UC07.L - Volatility Comparison

Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) has a higher volatility of 5.42% compared to UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.L) at 2.20%. This indicates that XDEV.L's price experiences larger fluctuations and is considered to be riskier than UC07.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDEV.L	UC07.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.42%	2.20%	+3.22%
Volatility (6M) Calculated over the trailing 6-month period	10.84%	6.17%	+4.67%
Volatility (1Y) Calculated over the trailing 1-year period	13.30%	8.80%	+4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.14%	12.52%	+0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.04%	14.84%	+0.20%

XDEV.L vs. UC07.L - Expense Ratio Comparison

XDEV.L has a 0.25% expense ratio, which is higher than UC07.L's 0.20% 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.L vs. UC07.L - Dividend Comparison

XDEV.L has not paid dividends to shareholders, while UC07.L's dividend yield for the trailing twelve months is around 1.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UC07.L UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis	1.38%	2.05%	1.79%	2.04%	1.81%	1.59%	2.41%	2.08%	2.49%	2.01%	2.18%	2.25%
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDEV.L and UC07.L in my portfolio?

XDEV.L and UC07.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEV.L or UC07.L?

On fees, UC07.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEV.L or UC07.L?

UC07.L is cheaper with a 0.20% expense ratio, compared with 0.25% for XDEV.L.

What is the main difference between XDEV.L and UC07.L?

XDEV.L is categorized as Global Equities, while UC07.L is Large Cap Value Equities. XDEV.L tracks MSCI ACWI Value NR USD, while UC07.L tracks Russell 1000 Value TR USD. They also come from different issuers: DWS and UBS. Their fees differ too: 0.25% for XDEV.L and 0.20% for UC07.L.