XDEW.DE vs. VWCE.DE
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, XDEW.DE returned 9.29%/yr vs 11.89%/yr for VWCE.DE. Their correlation of 0.86 suggests significant overlap in exposure. XDEW.DE charges 0.20%/yr vs 0.19%/yr for VWCE.DE.
Performance
XDEW.DE vs. VWCE.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XDEW.DE having a 11.42% return and VWCE.DE slightly higher at 11.72%.
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%
VWCE.DE
- 1D
- 1.82%
- 1M
- 1.89%
- YTD
- 11.72%
- 6M
- 13.39%
- 1Y
- 26.35%
- 3Y*
- 17.02%
- 5Y*
- 11.89%
- 10Y*
- —
XDEW.DE vs. VWCE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 11.42% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 5.84% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.72% | 9.16% | 24.41% | 18.18% | -13.47% | 28.62% | 5.36% | 7.08% |
Correlation
The correlation between XDEW.DE and VWCE.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2019 | 0.86 |
The correlation between XDEW.DE and VWCE.DE shifts across timeframes, from 0.72 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDEW.DE vs. VWCE.DE — Risk / Return Rank
XDEW.DE
VWCE.DE
XDEW.DE vs. VWCE.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 Vanguard FTSE All-World UCITS ETF (VWCE.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 | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 3.92 | +0.01 |
| Martin ratioReturn relative to average drawdown | 11.96 | 16.07 | -4.11 |
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Drawdowns
XDEW.DE vs. VWCE.DE - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for XDEW.DE and VWCE.DE.
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Drawdown Indicators
| XDEW.DE | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -33.43% | -5.36% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -6.55% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -21.07% | -1.63% |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | -21.07% | -1.63% |
Max Drawdown (10Y)Largest decline over 10 years | -38.79% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.47% | +1.47% |
Average DrawdownAverage peak-to-trough decline | -5.37% | -4.68% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.60% | +0.06% |
Volatility
XDEW.DE vs. VWCE.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) is 2.32%, while Vanguard FTSE All-World UCITS ETF (VWCE.DE) has a volatility of 3.40%. This indicates that XDEW.DE experiences smaller price fluctuations and is considered to be less risky than VWCE.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 | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 3.40% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 6.82% | 8.51% | -1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.80% | 11.63% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.90% | 13.79% | +1.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 16.16% | +0.68% |
XDEW.DE vs. VWCE.DE - Expense Ratio Comparison
XDEW.DE has a 0.20% expense ratio, which is higher than VWCE.DE'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
XDEW.DE vs. VWCE.DE - Dividend Comparison
Neither XDEW.DE nor VWCE.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEW.DE and VWCE.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for XDEW.DE.
XDEW.DE is categorized as S&P 500, while VWCE.DE is Global Equities. XDEW.DE tracks S&P 500 Equal Weight Index, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: Xtrackers and Vanguard. Their fees differ too: 0.20% for XDEW.DE and 0.19% for VWCE.DE.
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