XDW0.L vs. DBMFE.PA

Last updated Jun 5, 2026

XDW0.L (Xtrackers MSCI World Energy UCITS ETF 1C) and DBMFE.PA (iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc) are both exchange-traded funds - XDW0.L is a Energy Equities fund tracking the MSCI World/Energy NR USD, while DBMFE.PA is a Hedge Fund fund actively managed by iM Global Partner. XDW0.L is passively managed, while DBMFE.PA is actively managed. Over the past year, XDW0.L returned 47.41% vs 30.55% for DBMFE.PA. At a 0.21 correlation, their price movements are largely independent. XDW0.L charges 0.25%/yr vs 0.75%/yr for DBMFE.PA.

Performance

XDW0.L vs. DBMFE.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) and iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc (DBMFE.PA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XDW0.L is traded in USD, while DBMFE.PA is traded in EUR. To make them comparable, the DBMFE.PA values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XDW0.L achieves a 30.91% return, which is significantly higher than DBMFE.PA's 11.38% return.

XDW0.L

• 1D: -0.57%
• 1M: -1.85%
• YTD: 30.91%
• 6M: 28.80%
• 1Y: 47.41%
• 3Y*: 18.78%
• 5Y*: 19.19%
• 10Y*: 9.43%

DBMFE.PA

• 1D: 0.07%
• 1M: 1.92%
• YTD: 11.38%
• 6M: 13.97%
• 1Y: 30.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDW0.L vs. DBMFE.PA - Yearly Performance Comparison

	2026 (YTD)	2025
XDW0.L Xtrackers MSCI World Energy UCITS ETF 1C	30.91%	3.24%
DBMFE.PA iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc	11.38%	18.15%

Correlation

The correlation between XDW0.L and DBMFE.PA is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Apr 2, 2025	0.21

Return for Risk

XDW0.L vs. DBMFE.PA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDW0.L

XDW0.L Risk / Return Rank: 73
XDW0.L Sharpe Ratio Rank: 77
XDW0.L Sortino Ratio Rank: 67
XDW0.L Omega Ratio Rank: 71
XDW0.L Calmar Ratio Rank: 77
XDW0.L Martin Ratio Rank: 70

DBMFE.PA

DBMFE.PA Risk / Return Rank: 52
DBMFE.PA Sharpe Ratio Rank: 45
DBMFE.PA Sortino Ratio Rank: 42
DBMFE.PA Omega Ratio Rank: 44
DBMFE.PA Calmar Ratio Rank: 79
DBMFE.PA Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDW0.L vs. DBMFE.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) and iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc (DBMFE.PA). 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.

	XDW0.L	DBMFE.PA	Difference
Sharpe ratio: Return per unit of total volatility	2.46	1.73	+0.73
Sortino ratio: Return per unit of downside risk	3.05	2.28	+0.77
Omega ratio: Gain probability vs. loss probability	1.42	1.31	+0.11
Calmar ratio: Return relative to maximum drawdown	3.89	4.46	-0.57
Martin ratio: Return relative to average drawdown	12.98	9.54	+3.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDW0.L vs. DBMFE.PA - Sharpe Ratio Comparison

The current XDW0.L Sharpe Ratio is 2.46, which is higher than the DBMFE.PA Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of XDW0.L and DBMFE.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XDW0.L	DBMFE.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	1.73	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	1.53	-1.14

Drawdowns

XDW0.L vs. DBMFE.PA - Drawdown Comparison

The maximum XDW0.L drawdown since its inception was -63.72%, which is greater than DBMFE.PA's maximum drawdown of -6.76%. Use the drawdown chart below to compare losses from any high point for XDW0.L and DBMFE.PA.

Drawdown Indicators

	XDW0.L	DBMFE.PA	Difference
Max Drawdown Largest peak-to-trough decline	-63.72%	-6.76%	-56.96%
Max Drawdown (1Y) Largest decline over 1 year	-12.14%	-6.76%	-5.38%
Max Drawdown (3Y) Largest decline over 3 years	-18.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.72%	—	—
Current Drawdown Current decline from peak	-6.03%	-2.08%	-3.95%
Average Drawdown Average peak-to-trough decline	-12.31%	-2.29%	-10.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	3.18%	+0.46%

Volatility

XDW0.L vs. DBMFE.PA - Volatility Comparison

Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) has a higher volatility of 7.38% compared to iMGP DBi Managed Futures Fund R EUR UCITS ETF Acc (DBMFE.PA) at 3.94%. This indicates that XDW0.L's price experiences larger fluctuations and is considered to be riskier than DBMFE.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDW0.L	DBMFE.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.38%	3.94%	+3.44%
Volatility (6M) Calculated over the trailing 6-month period	16.33%	11.67%	+4.66%
Volatility (1Y) Calculated over the trailing 1-year period	19.23%	17.47%	+1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.24%	17.06%	+7.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.16%	17.06%	+9.10%

XDW0.L vs. DBMFE.PA - Expense Ratio Comparison

XDW0.L has a 0.25% expense ratio, which is lower than DBMFE.PA's 0.75% expense ratio.

Dividends

XDW0.L vs. DBMFE.PA - Dividend Comparison

Neither XDW0.L nor DBMFE.PA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDW0.L and DBMFE.PA in my portfolio?

XDW0.L and DBMFE.PA have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDW0.L or DBMFE.PA?

On fees, XDW0.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDW0.L or DBMFE.PA?

XDW0.L is cheaper with a 0.25% expense ratio, compared with 0.75% for DBMFE.PA.

What is the main difference between XDW0.L and DBMFE.PA?

XDW0.L is categorized as Energy Equities, while DBMFE.PA is Hedge Fund. They also come from different issuers: Xtrackers and iM Global Partner. Their fees differ too: 0.25% for XDW0.L and 0.75% for DBMFE.PA.