XDEW.DE vs. PPFB.DE
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) and PPFB.DE (iShares Physical Gold ETC) are both exchange-traded funds - XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index, while PPFB.DE is a Gold fund tracking the Gold. Both are passively managed. Over the past 5 years, XDEW.DE returned 9.52%/yr vs 17.85%/yr for PPFB.DE. At a 0.07 correlation, their price movements are largely independent. XDEW.DE charges 0.20%/yr vs 0.12%/yr for PPFB.DE.
Performance
XDEW.DE vs. PPFB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEW.DE achieves a 14.50% return, which is significantly higher than PPFB.DE's -6.38% return.
XDEW.DE
- 1D
- -0.34%
- 1M
- 2.42%
- 6M
- 9.75%
- YTD
- 14.50%
- 1Y
- 20.12%
- 3Y*
- 12.62%
- 5Y*
- 9.52%
- 10Y*
- 11.04%
PPFB.DE
- 1D
- 0.00%
- 1M
- -4.91%
- 6M
- -11.49%
- YTD
- -6.38%
- 1Y
- 21.76%
- 3Y*
- 25.59%
- 5Y*
- 17.85%
- 10Y*
- —
XDEW.DE vs. PPFB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.50% | -0.46% | 18.66% | 10.08% | -6.94% | 13.48% |
PPFB.DE iShares Physical Gold ETC | -6.38% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
Correlation
The correlation between XDEW.DE and PPFB.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.07 |
The correlation between XDEW.DE and PPFB.DE shifts across timeframes, from 0.07 (5 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XDEW.DE vs. PPFB.DE — Risk / Return Rank
XDEW.DE
PPFB.DE
XDEW.DE vs. PPFB.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 iShares Physical Gold ETC (PPFB.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 | PPFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.07 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.18 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | 0.97 | +2.94 |
| Martin ratioReturn relative to average drawdown | 12.05 | 2.28 | +9.77 |
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Drawdowns
XDEW.DE vs. PPFB.DE - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, which is greater than PPFB.DE's maximum drawdown of -22.54%. Use the drawdown chart below to compare losses from any high point for XDEW.DE and PPFB.DE.
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Drawdown Indicators
| XDEW.DE | PPFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -22.54% | -16.25% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -22.54% | +17.48% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -22.54% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | -22.54% | -0.16% |
Max Drawdown (10Y)Largest decline over 10 years | -38.79% | — | — |
Current DrawdownCurrent decline from peak | -0.61% | -22.54% | +21.93% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -4.80% | -0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 9.58% | -7.93% |
Volatility
XDEW.DE vs. PPFB.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) is 2.81%, while iShares Physical Gold ETC (PPFB.DE) has a volatility of 6.29%. This indicates that XDEW.DE experiences smaller price fluctuations and is considered to be less risky than PPFB.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 | PPFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.81% | 6.29% | -3.48% |
Volatility (6M)Calculated over the trailing 6-month period | 6.82% | 21.19% | -14.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.43% | 24.61% | -14.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.90% | 16.46% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 16.45% | +0.35% |
XDEW.DE vs. PPFB.DE - Expense Ratio Comparison
XDEW.DE has a 0.20% expense ratio, which is higher than PPFB.DE's 0.12% 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
XDEW.DE vs. PPFB.DE - Dividend Comparison
Neither XDEW.DE nor PPFB.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEW.DE and PPFB.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPFB.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPFB.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for XDEW.DE.
XDEW.DE is categorized as S&P 500, while PPFB.DE is Gold. XDEW.DE tracks S&P 500 Equal Weight Index, while PPFB.DE tracks Gold. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for XDEW.DE and 0.12% for PPFB.DE.
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