XDEW.DE vs. ^GSPC
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) is S&P 500 fund tracking the S&P 500 Equal Weight Index, while ^GSPC (S&P 500 Index) is an index. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
XDEW.DE vs. ^GSPC - Performance Comparison
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Different Trading Currencies
XDEW.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDEW.DE achieves a 10.39% return, which is significantly lower than ^GSPC's 12.06% return.
XDEW.DE
- 1D
- 0.30%
- 1M
- 3.90%
- YTD
- 10.39%
- 6M
- 10.29%
- 1Y
- 18.10%
- 3Y*
- 12.12%
- 5Y*
- 9.22%
- 10Y*
- 11.25%
^GSPC
- 1D
- 0.00%
- 1M
- 4.16%
- YTD
- 12.06%
- 6M
- 10.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDEW.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 10.39% | 6.34% |
^GSPC S&P 500 Index | 9.98% | 10.65% |
Correlation
The correlation between XDEW.DE and ^GSPC is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025 | 0.52 |
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Return for Risk
XDEW.DE vs. ^GSPC — Risk / Return Rank
XDEW.DE
^GSPC
XDEW.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) and S&P 500 Index (^GSPC). 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.
| XDEW.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | — | — |
| Martin ratioReturn relative to average drawdown | 10.36 | — | — |
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
| XDEW.DE | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 1.98 | -1.31 |
Drawdowns
XDEW.DE vs. ^GSPC - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, which is greater than ^GSPC's maximum drawdown of -7.57%. Use the drawdown chart below to compare losses from any high point for XDEW.DE and ^GSPC.
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Drawdown Indicators
| XDEW.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -7.57% | -31.22% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.79% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.20% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -1.39% | -4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | — | — |
Volatility
XDEW.DE vs. ^GSPC - Volatility Comparison
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Volatility by Period
| XDEW.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 6.75% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.70% | 12.22% | -1.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.89% | 12.22% | +2.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 12.22% | +4.64% |
Frequently Asked Questions
XDEW.DE and ^GSPC have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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