XDEW.DE vs. XY7D.DE
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) and XY7D.DE (Global X S&P 500 Covered Call UCITS ETF Inc) are both S&P 500 funds - XDEW.DE tracks the S&P 500 Equal Weight Index while XY7D.DE tracks the Cboe S&P 500 BuyWrite 15% WHT. Both are passively managed. Over the past year, XDEW.DE returned 18.10% vs 12.07% for XY7D.DE. A 0.56 correlation means they provide meaningful diversification when combined. XDEW.DE charges 0.20%/yr vs 0.45%/yr for XY7D.DE.
Performance
XDEW.DE vs. XY7D.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEW.DE achieves a 10.39% return, which is significantly higher than XY7D.DE's 4.40% 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%
XY7D.DE
- 1D
- -1.05%
- 1M
- 1.67%
- YTD
- 4.40%
- 6M
- 4.80%
- 1Y
- 12.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDEW.DE vs. XY7D.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 10.39% | -0.46% | 18.66% | 5.14% |
XY7D.DE Global X S&P 500 Covered Call UCITS ETF Inc | 4.40% | -5.34% | 25.87% | -8.30% |
Correlation
The correlation between XDEW.DE and XY7D.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2023 | 0.56 |
The correlation between XDEW.DE and XY7D.DE has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.
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Return for Risk
XDEW.DE vs. XY7D.DE — Risk / Return Rank
XDEW.DE
XY7D.DE
XDEW.DE vs. XY7D.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 Global X S&P 500 Covered Call UCITS ETF Inc (XY7D.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.
| XDEW.DE | XY7D.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 3.08 | +0.43 |
| Martin ratioReturn relative to average drawdown | 10.36 | 8.63 | +1.73 |
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 | XY7D.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 1.37 | +0.29 |
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 | 0.34 | +0.34 |
Drawdowns
XDEW.DE vs. XY7D.DE - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, which is greater than XY7D.DE's maximum drawdown of -20.79%. Use the drawdown chart below to compare losses from any high point for XDEW.DE and XY7D.DE.
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Drawdown Indicators
| XDEW.DE | XY7D.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -20.79% | -18.00% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -3.87% | -1.19% |
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% | -5.18% | +5.18% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -7.15% | +1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 1.39% | +0.33% |
Volatility
XDEW.DE vs. XY7D.DE - Volatility Comparison
Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) and Global X S&P 500 Covered Call UCITS ETF Inc (XY7D.DE) have volatilities of 2.06% and 1.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDEW.DE | XY7D.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.06% | 1.97% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 6.75% | 6.20% | +0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.70% | 8.71% | +1.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.89% | 13.51% | +1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 13.51% | +3.35% |
XDEW.DE vs. XY7D.DE - Expense Ratio Comparison
XDEW.DE has a 0.20% expense ratio, which is lower than XY7D.DE's 0.45% expense ratio.
Dividends
XDEW.DE vs. XY7D.DE - Dividend Comparison
XDEW.DE has not paid dividends to shareholders, while XY7D.DE's dividend yield for the trailing twelve months is around 6.70%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% |
XY7D.DE Global X S&P 500 Covered Call UCITS ETF Inc | 6.70% | 9.21% | 7.75% | 4.30% |
Frequently Asked Questions
XDEW.DE and XY7D.DE have a correlation of 0.48, 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 0.45% for XY7D.DE.
XDEW.DE tracks S&P 500 Equal Weight Index, while XY7D.DE tracks Cboe S&P 500 BuyWrite 15% WHT. They also come from different issuers: Xtrackers and Global X. Their fees differ too: 0.20% for XDEW.DE and 0.45% for XY7D.DE.
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