XDEW.DE vs. SPGP
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) and SPGP (Invesco S&P 500 GARP ETF) are both exchange-traded funds - XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index, while SPGP is a Multi-factor fund tracking the S&P 500 GARP Index. Both are passively managed. Over the past 10 years, XDEW.DE returned 11.25%/yr vs 14.54%/yr for SPGP. A 0.59 correlation means they provide meaningful diversification when combined. XDEW.DE charges 0.20%/yr vs 0.36%/yr for SPGP.
Performance
XDEW.DE vs. SPGP - Performance Comparison
Loading charts...
Different Trading Currencies
XDEW.DE is traded in EUR, while SPGP is traded in USD. To make them comparable, the SPGP 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 higher than SPGP's 7.18% return. Over the past 10 years, XDEW.DE has underperformed SPGP with an annualized return of 11.25%, while SPGP has yielded a comparatively higher 14.54% annualized 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%
SPGP
- 1D
- -1.15%
- 1M
- 2.97%
- YTD
- 7.18%
- 6M
- 6.65%
- 1Y
- 16.34%
- 3Y*
- 9.69%
- 5Y*
- 8.87%
- 10Y*
- 14.54%
XDEW.DE vs. SPGP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 10.39% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.25% | -4.52% | 4.00% |
SPGP Invesco S&P 500 GARP ETF | 7.18% | -3.23% | 15.64% | 16.68% | -8.49% | 45.87% | 6.37% | 42.30% | 6.46% | 19.50% |
Correlation
The correlation between XDEW.DE and SPGP is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2014 | 0.59 |
The correlation between XDEW.DE and SPGP has been stable across timeframes, ranging from 0.55 to 0.63 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XDEW.DE vs. SPGP — Risk / Return Rank
XDEW.DE
SPGP
XDEW.DE vs. SPGP - 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 Invesco S&P 500 GARP ETF (SPGP). 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 | SPGP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 1.70 | +1.81 |
| Martin ratioReturn relative to average drawdown | 10.36 | 5.85 | +4.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XDEW.DE | SPGP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 1.10 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.48 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.67 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.78 | -0.10 |
Drawdowns
XDEW.DE vs. SPGP - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, smaller than the maximum SPGP drawdown of -41.53%. Use the drawdown chart below to compare losses from any high point for XDEW.DE and SPGP.
Loading charts...
Drawdown Indicators
| XDEW.DE | SPGP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -41.53% | +2.74% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -9.64% | +4.58% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -26.47% | +3.77% |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | -26.47% | +3.77% |
Max Drawdown (10Y)Largest decline over 10 years | -38.79% | -41.53% | +2.74% |
Current DrawdownCurrent decline from peak | 0.00% | -2.10% | +2.10% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -4.87% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 2.80% | -1.08% |
Volatility
XDEW.DE vs. SPGP - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) is 2.06%, while Invesco S&P 500 GARP ETF (SPGP) has a volatility of 3.43%. This indicates that XDEW.DE experiences smaller price fluctuations and is considered to be less risky than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDEW.DE | SPGP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 3.43% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 6.75% | 11.19% | -4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.70% | 14.98% | -4.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.89% | 18.37% | -3.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 21.65% | -4.79% |
XDEW.DE vs. SPGP - Expense Ratio Comparison
XDEW.DE has a 0.20% expense ratio, which is lower than SPGP's 0.36% expense ratio.
Dividends
XDEW.DE vs. SPGP - Dividend Comparison
XDEW.DE has not paid dividends to shareholders, while SPGP's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPGP Invesco S&P 500 GARP ETF | 0.89% | 1.04% | 1.38% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% |
XDEW.DE Xtrackers S&P 500 Equal Weight 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
XDEW.DE and SPGP have a correlation of 0.63, 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 0.36% for SPGP.
XDEW.DE is categorized as S&P 500, while SPGP is Multi-factor. XDEW.DE tracks S&P 500 Equal Weight Index, while SPGP tracks S&P 500 GARP Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.20% for XDEW.DE and 0.36% for SPGP.
Find the right allocation for XDEW.DE and SPGP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer