XDEV.L vs. VWRL.L

Last updated Jun 24, 2026

XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) and VWRL.L (Vanguard FTSE All-World UCITS ETF Distributing) are both Global Equities funds - XDEV.L tracks the MSCI ACWI Value NR USD while VWRL.L tracks the FTSE All-World Index. Both are passively managed. Over the past 10 years, XDEV.L returned 13.31%/yr vs 13.21%/yr for VWRL.L. Their correlation of 0.86 suggests significant overlap in exposure. XDEV.L charges 0.25%/yr vs 0.19%/yr for VWRL.L.

Performance

XDEV.L vs. VWRL.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 Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XDEV.L is traded in GBp, while VWRL.L is traded in GBP. To make them comparable, the VWRL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XDEV.L achieves a 35.10% return, which is significantly higher than VWRL.L's 11.60% return. Both investments have delivered pretty close results over the past 10 years, with XDEV.L having a 13.31% annualized return and VWRL.L not far behind at 13.21%.

XDEV.L

• 1D: -1.90%
• 1M: 5.18%
• YTD: 35.10%
• 6M: 36.05%
• 1Y: 67.80%
• 3Y*: 27.56%
• 5Y*: 17.88%
• 10Y*: 13.31%

VWRL.L

• 1D: -1.40%
• 1M: 1.36%
• YTD: 11.60%
• 6M: 11.87%
• 1Y: 29.35%
• 3Y*: 18.49%
• 5Y*: 11.88%
• 10Y*: 13.21%

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

XDEV.L vs. VWRL.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	35.10%	30.51%	6.79%	13.25%	1.01%	21.67%	-6.88%	14.56%	-9.23%	11.91%
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing	11.60%	13.99%	19.60%	15.61%	-8.44%	20.05%	12.13%	22.04%	-4.71%	13.21%

Correlation

The correlation between XDEV.L and VWRL.L is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 11, 2014	0.86

The correlation between XDEV.L and VWRL.L shifts across timeframes, from 0.75 (3 years) to 0.86 (all time), reflecting how their relationship changes across market environments.

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

Sectors	XDEV.L	VWRL.L
Technology	41.7%	32.5%
Financial Services	13.3%	15.3%
Industrials	10.1%	10.5%
Healthcare	7.8%	7.7%
Consumer Cyclical	7.4%	9.2%
Communication Services	6.4%	8.4%
Consumer Defensive	3.9%	4.6%
Energy	3.1%	3.8%
Basic Materials	2.7%	3.8%
Utilities	2.1%	2.4%
Real Estate	1.5%	1.8%

Return for Risk

XDEV.L vs. VWRL.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: 97
XDEV.L Omega Ratio Rank: 97
XDEV.L Calmar Ratio Rank: 97
XDEV.L Martin Ratio Rank: 96

VWRL.L

VWRL.L Risk / Return Rank: 85
VWRL.L Sharpe Ratio Rank: 87
VWRL.L Sortino Ratio Rank: 87
VWRL.L Omega Ratio Rank: 88
VWRL.L Calmar Ratio Rank: 81
VWRL.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. VWRL.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 Vanguard FTSE All-World UCITS ETF Distributing (VWRL.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XDEV.L	VWRL.L	Difference
Sharpe ratio: Return per unit of total volatility	4.78	2.71	+2.07
Sortino ratio: Return per unit of downside risk	6.33	3.74	+2.59
Omega ratio: Gain probability vs. loss probability	1.90	1.52	+0.38
Calmar ratio: Return relative to maximum drawdown	9.75	4.12	+5.63
Martin ratio: Return relative to average drawdown	35.92	16.38	+19.53

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

The current XDEV.L Sharpe Ratio is 4.78, which is higher than the VWRL.L Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of XDEV.L and VWRL.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.

Drawdowns

XDEV.L vs. VWRL.L - Drawdown Comparison

The maximum XDEV.L drawdown since its inception was -45.89%, which is greater than VWRL.L's maximum drawdown of -24.99%. Use the drawdown chart below to compare losses from any high point for XDEV.L and VWRL.L.

Drawdown Indicators

	XDEV.L	VWRL.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.89%	-24.99%	-20.90%
Max Drawdown (1Y) Largest decline over 1 year	-6.92%	-7.08%	+0.16%
Max Drawdown (3Y) Largest decline over 3 years	-19.90%	-17.47%	-2.43%
Max Drawdown (5Y) Largest decline over 5 years	-19.90%	-17.47%	-2.43%
Max Drawdown (10Y) Largest decline over 10 years	-35.20%	-24.99%	-10.21%
Current Drawdown Current decline from peak	-1.90%	-1.49%	-0.41%
Average Drawdown Average peak-to-trough decline	-15.34%	-3.31%	-12.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	1.79%	+0.09%

Volatility

XDEV.L vs. VWRL.L - Volatility Comparison

Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) has a higher volatility of 5.89% compared to Vanguard FTSE All-World UCITS ETF Distributing (VWRL.L) at 3.70%. This indicates that XDEV.L's price experiences larger fluctuations and is considered to be riskier than VWRL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDEV.L	VWRL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	3.70%	+2.19%
Volatility (6M) Calculated over the trailing 6-month period	11.87%	8.21%	+3.66%
Volatility (1Y) Calculated over the trailing 1-year period	14.13%	10.77%	+3.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.99%	12.94%	+6.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.98%	14.23%	+6.75%

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

XDEV.L has a 0.25% expense ratio, which is higher than VWRL.L'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

XDEV.L vs. VWRL.L - Dividend Comparison

XDEV.L has not paid dividends to shareholders, while VWRL.L's dividend yield for the trailing twelve months is around 1.27%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VWRL.L Vanguard FTSE All-World UCITS ETF Distributing	1.27%	1.39%	1.49%	1.72%	2.03%	1.45%	1.58%	1.95%	2.22%	1.90%	1.95%	2.00%
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 VWRL.L in my portfolio?

XDEV.L and VWRL.L have a correlation of 0.79, 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 VWRL.L?

On fees, VWRL.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

VWRL.L is cheaper with a 0.19% expense ratio, compared with 0.25% for XDEV.L.

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

XDEV.L tracks MSCI ACWI Value NR USD, while VWRL.L tracks FTSE All-World Index. They also come from different issuers: DWS and Vanguard. Their fees differ too: 0.25% for XDEV.L and 0.19% for VWRL.L.