XDPD.DE vs. XDEW.DE
XDPD.DE (Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist)) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both S&P 500 funds from Xtrackers - XDPD.DE tracks the S&P 500 Index (EUR Hedged) while XDEW.DE tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past 5 years, XDPD.DE returned 9.97%/yr vs 9.52%/yr for XDEW.DE. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
XDPD.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDPD.DE achieves a 7.31% return, which is significantly lower than XDEW.DE's 14.50% return.
XDPD.DE
- 1D
- -1.20%
- 1M
- -0.62%
- 6M
- 6.62%
- YTD
- 7.31%
- 1Y
- 17.00%
- 3Y*
- 16.76%
- 5Y*
- 9.97%
- 10Y*
- —
XDEW.DE
- 1D
- -0.34%
- 1M
- 2.32%
- 6M
- 9.75%
- YTD
- 14.50%
- 1Y
- 19.87%
- 3Y*
- 12.62%
- 5Y*
- 9.52%
- 10Y*
- 11.04%
XDPD.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XDPD.DE Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) | 7.31% | 15.06% | 22.79% | 23.30% | -21.97% | 28.50% | 15.04% | 27.19% | -9.26% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.50% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -8.90% |
Correlation
The correlation between XDPD.DE and XDEW.DE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2018 | 0.77 |
Over the past year, the correlation between XDPD.DE and XDEW.DE has dropped to 0.55 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.
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Return for Risk
XDPD.DE vs. XDEW.DE — Risk / Return Rank
XDPD.DE
XDEW.DE
XDPD.DE vs. XDEW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) (XDPD.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
| XDPD.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.35 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 3.91 | -1.96 |
| Martin ratioReturn relative to average drawdown | 7.76 | 12.05 | -4.29 |
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Drawdowns
XDPD.DE vs. XDEW.DE - Drawdown Comparison
The maximum XDPD.DE drawdown since its inception was -34.14%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XDPD.DE and XDEW.DE.
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Drawdown Indicators
| XDPD.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.14% | -38.79% | +4.65% |
Max Drawdown (1Y)Largest decline over 1 year | -8.67% | -5.06% | -3.61% |
Max Drawdown (3Y)Largest decline over 3 years | -18.51% | -22.70% | +4.19% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -22.70% | -3.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.79% | — |
Current DrawdownCurrent decline from peak | -1.98% | -0.61% | -1.37% |
Average DrawdownAverage peak-to-trough decline | -5.83% | -5.33% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 1.65% | +0.53% |
Volatility
XDPD.DE vs. XDEW.DE - Volatility Comparison
Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) (XDPD.DE) has a higher volatility of 3.00% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.81%. This indicates that XDPD.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDPD.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.00% | 2.81% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 9.22% | 6.82% | +2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.12% | 10.43% | +1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.05% | 14.90% | +1.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.66% | 16.80% | +0.86% |
XDPD.DE vs. XDEW.DE - Expense Ratio Comparison
Both XDPD.DE and XDEW.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XDPD.DE vs. XDEW.DE - Dividend Comparison
XDPD.DE's dividend yield for the trailing twelve months is around 0.71%, while XDEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
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% |
XDPD.DE Xtrackers S&P 500 UCITS ETF EUR Hedged (Dist) | 0.71% | 0.80% | 0.89% | 1.04% | 1.91% | 0.85% | 1.43% |
Frequently Asked Questions
XDPD.DE and XDEW.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XDPD.DE and XDEW.DE have the same expense ratio: 0.20% per year.
XDPD.DE tracks S&P 500 Index (EUR Hedged), while XDEW.DE tracks S&P 500 Equal Weight Index.
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