XDEW.DE vs. ASWC.DE
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) and ASWC.DE (HANetf Future of Defence UCITS ETF Acc EUR) are both exchange-traded funds - XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index, while ASWC.DE is a Aerospace & Defense fund tracking the EQM Future of Defence Index. Both are passively managed. Over the past year, XDEW.DE returned 20.08% vs 16.90% for ASWC.DE. A 0.53 correlation means they provide meaningful diversification when combined. XDEW.DE charges 0.20%/yr vs 0.49%/yr for ASWC.DE.
Performance
XDEW.DE vs. ASWC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEW.DE achieves a 11.42% return, which is significantly lower than ASWC.DE's 13.04% return.
XDEW.DE
- 1D
- 1.44%
- 1M
- 5.26%
- YTD
- 11.42%
- 6M
- 11.62%
- 1Y
- 20.08%
- 3Y*
- 11.73%
- 5Y*
- 9.29%
- 10Y*
- 11.46%
ASWC.DE
- 1D
- -0.80%
- 1M
- 4.69%
- YTD
- 13.04%
- 6M
- 13.89%
- 1Y
- 16.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDEW.DE vs. ASWC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 11.42% | -0.46% | 18.66% | 4.87% |
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR | 13.04% | 38.30% | 39.36% | 14.37% |
Correlation
The correlation between XDEW.DE and ASWC.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2023 | 0.53 |
The correlation between XDEW.DE and ASWC.DE shifts across timeframes, from 0.35 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDEW.DE vs. ASWC.DE — Risk / Return Rank
XDEW.DE
ASWC.DE
XDEW.DE vs. ASWC.DE - 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 HANetf Future of Defence UCITS ETF Acc EUR (ASWC.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.
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.
| XDEW.DE | ASWC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.16 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 1.36 | +2.57 |
| Martin ratioReturn relative to average drawdown | 11.96 | 3.10 | +8.86 |
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Drawdowns
XDEW.DE vs. ASWC.DE - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, which is greater than ASWC.DE's maximum drawdown of -12.58%. Use the drawdown chart below to compare losses from any high point for XDEW.DE and ASWC.DE.
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Drawdown Indicators
| XDEW.DE | ASWC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -12.58% | -26.21% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -12.58% | +7.52% |
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% | -2.83% | +2.83% |
Average DrawdownAverage peak-to-trough decline | -5.37% | -2.47% | -2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 5.51% | -3.85% |
Volatility
XDEW.DE vs. ASWC.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) is 2.32%, while HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) has a volatility of 5.89%. This indicates that XDEW.DE experiences smaller price fluctuations and is considered to be less risky than ASWC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDEW.DE | ASWC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 5.89% | -3.57% |
Volatility (6M)Calculated over the trailing 6-month period | 6.82% | 15.89% | -9.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.80% | 20.35% | -9.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.90% | 19.11% | -4.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 19.11% | -2.27% |
XDEW.DE vs. ASWC.DE - Expense Ratio Comparison
XDEW.DE has a 0.20% expense ratio, which is lower than ASWC.DE's 0.49% expense ratio.
Dividends
XDEW.DE vs. ASWC.DE - Dividend Comparison
Neither XDEW.DE nor ASWC.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEW.DE and ASWC.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEW.DE is cheaper with a 0.20% expense ratio, compared with 0.49% for ASWC.DE.
XDEW.DE is categorized as S&P 500, while ASWC.DE is Aerospace & Defense. XDEW.DE tracks S&P 500 Equal Weight Index, while ASWC.DE tracks EQM Future of Defence Index. They also come from different issuers: Xtrackers and HANetf. Their fees differ too: 0.20% for XDEW.DE and 0.49% for ASWC.DE.
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