XDW0.L vs. IAU
XDW0.L (Xtrackers MSCI World Energy UCITS ETF 1C) and IAU (iShares Gold Trust) are both exchange-traded funds - XDW0.L is a Energy Equities fund tracking the MSCI World/Energy NR USD, while IAU is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, XDW0.L returned 9.55%/yr vs 12.31%/yr for IAU. At a 0.10 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
XDW0.L vs. IAU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDW0.L achieves a 28.94% return, which is significantly higher than IAU's -2.44% return. Over the past 10 years, XDW0.L has underperformed IAU with an annualized return of 9.55%, while IAU has yielded a comparatively higher 12.31% annualized return.
XDW0.L
- 1D
- -0.77%
- 1M
- -0.41%
- YTD
- 28.94%
- 6M
- 29.39%
- 1Y
- 36.83%
- 3Y*
- 17.23%
- 5Y*
- 18.57%
- 10Y*
- 9.55%
IAU
- 1D
- 0.08%
- 1M
- -9.54%
- YTD
- -2.44%
- 6M
- -2.22%
- 1Y
- 22.32%
- 3Y*
- 29.07%
- 5Y*
- 17.23%
- 10Y*
- 12.31%
XDW0.L vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDW0.L Xtrackers MSCI World Energy UCITS ETF 1C | 28.94% | 14.66% | 2.11% | 3.68% | 46.28% | 39.22% | -30.39% | 10.05% | -15.00% | 4.49% |
IAU iShares Gold Trust | -2.44% | 63.95% | 26.85% | 12.84% | -0.63% | -4.00% | 25.03% | 17.98% | -1.76% | 12.91% |
Correlation
The correlation between XDW0.L and IAU is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2010 | 0.10 |
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
XDW0.L vs. IAU — Risk / Return Rank
XDW0.L
IAU
XDW0.L vs. IAU - 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 iShares Gold Trust (IAU). 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.
| XDW0.L | IAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.19 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 0.99 | +2.20 |
| Martin ratioReturn relative to average drawdown | 10.19 | 2.83 | +7.35 |
Loading charts...
Drawdowns
XDW0.L vs. IAU - Drawdown Comparison
The maximum XDW0.L drawdown since its inception was -68.41%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for XDW0.L and IAU.
Loading charts...
Drawdown Indicators
| XDW0.L | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.41% | -45.14% | -23.27% |
Max Drawdown (1Y)Largest decline over 1 year | -12.15% | -24.40% | +12.25% |
Max Drawdown (3Y)Largest decline over 3 years | -18.89% | -24.40% | +5.51% |
Max Drawdown (5Y)Largest decline over 5 years | -26.47% | -24.40% | -2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -63.72% | -24.40% | -39.32% |
Current DrawdownCurrent decline from peak | -7.45% | -22.03% | +14.58% |
Average DrawdownAverage peak-to-trough decline | -18.56% | -15.97% | -2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 8.47% | -4.66% |
Volatility
XDW0.L vs. IAU - Volatility Comparison
The current volatility for Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) is 6.01%, while iShares Gold Trust (IAU) has a volatility of 7.70%. This indicates that XDW0.L experiences smaller price fluctuations and is considered to be less risky than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDW0.L | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 7.70% | -1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 16.44% | 23.94% | -7.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.30% | 27.17% | -7.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.22% | 18.16% | +6.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.14% | 16.02% | +10.12% |
XDW0.L vs. IAU - Expense Ratio Comparison
Both XDW0.L and IAU have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XDW0.L vs. IAU - Dividend Comparison
Neither XDW0.L nor IAU has paid dividends to shareholders.
Frequently Asked Questions
XDW0.L and IAU have a correlation of 0.05, 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 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XDW0.L and IAU have the same expense ratio: 0.25% per year.
XDW0.L is categorized as Energy Equities, while IAU is Gold. XDW0.L tracks MSCI World/Energy NR USD, while IAU tracks LBMA Gold Price. They also come from different issuers: Xtrackers and iShares.
Find the right allocation for XDW0.L and IAU
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