XDWC.L vs. EBIZ.L

Last updated Jul 18, 2026

XDWC.L (Xtrackers MSCI World Consumer Discretionary UCITS ETF 1C) and EBIZ.L (Global X E-commerce UCITS ETF USD (Acc)) are both Consumer Discretionary Equities funds - XDWC.L tracks the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR while EBIZ.L tracks the Solactive E-commerce v2 Index. Both are passively managed. Over the past 3 years, XDWC.L returned 9.26%/yr vs 14.37%/yr for EBIZ.L. A 0.77 correlation means they provide meaningful diversification when combined. XDWC.L charges 0.25%/yr vs 0.50%/yr for EBIZ.L.

Performance

XDWC.L vs. EBIZ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World Consumer Discretionary UCITS ETF 1C (XDWC.L) and Global X E-commerce UCITS ETF USD (Acc) (EBIZ.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDWC.L achieves a -2.97% return, which is significantly higher than EBIZ.L's -10.03% return.

XDWC.L

• 1D: -1.62%
• 1M: 0.09%
• 6M: -4.07%
• YTD: -2.97%
• 1Y: 5.60%
• 3Y*: 9.26%
• 5Y*: 4.24%
• 10Y*: 10.96%

EBIZ.L

• 1D: -1.43%
• 1M: 5.34%
• 6M: -11.47%
• YTD: -10.03%
• 1Y: -5.80%
• 3Y*: 14.37%
• 5Y*: —
• 10Y*: —

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

XDWC.L vs. EBIZ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XDWC.L Xtrackers MSCI World Consumer Discretionary UCITS ETF 1C	-2.97%	7.35%	22.23%	35.93%	-33.50%	-1.59%
EBIZ.L Global X E-commerce UCITS ETF USD (Acc)	-10.03%	18.17%	30.42%	32.47%	-41.59%	-14.92%

Correlation

The correlation between XDWC.L and EBIZ.L is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021	0.77

The correlation between XDWC.L and EBIZ.L has been stable across timeframes, ranging from 0.74 to 0.77 - a consistent structural relationship.

Return for Risk

XDWC.L vs. EBIZ.L — Risk / Return Rank

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

XDWC.L

XDWC.L Risk / Return Rank: 15
XDWC.L Sharpe Ratio Rank: 16
XDWC.L Sortino Ratio Rank: 15
XDWC.L Omega Ratio Rank: 14
XDWC.L Calmar Ratio Rank: 15
XDWC.L Martin Ratio Rank: 16

EBIZ.L

EBIZ.L Risk / Return Rank: 7
EBIZ.L Sharpe Ratio Rank: 7
EBIZ.L Sortino Ratio Rank: 7
EBIZ.L Omega Ratio Rank: 7
EBIZ.L Calmar Ratio Rank: 8
EBIZ.L Martin Ratio Rank: 8

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.

XDWC.L vs. EBIZ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Consumer Discretionary UCITS ETF 1C (XDWC.L) and Global X E-commerce UCITS ETF USD (Acc) (EBIZ.L). 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.

	XDWC.L	EBIZ.L	Difference
Sharpe ratio: Return per unit of total volatility	0.31	-0.28	+0.58
Sortino ratio: Return per unit of downside risk	0.58	-0.26	+0.84
Omega ratio: Gain probability vs. loss probability	1.07	0.97	+0.09
Calmar ratio: Return relative to maximum drawdown	0.35	-0.22	+0.56
Martin ratio: Return relative to average drawdown	0.96	-0.38	+1.34

XDWC.L vs. EBIZ.L - Sharpe Ratio Comparison

The current XDWC.L Sharpe Ratio is 0.31, which is higher than the EBIZ.L Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of XDWC.L and EBIZ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XDWC.L vs. EBIZ.L - Drawdown Comparison

The maximum XDWC.L drawdown since its inception was -37.26%, smaller than the maximum EBIZ.L drawdown of -56.06%. Use the drawdown chart below to compare losses from any high point for XDWC.L and EBIZ.L.

Drawdown Indicators

	XDWC.L	EBIZ.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.26%	-56.06%	+18.80%
Max Drawdown (1Y) Largest decline over 1 year	-16.08%	-26.87%	+10.79%
Max Drawdown (3Y) Largest decline over 3 years	-23.36%	-26.87%	+3.51%
Max Drawdown (5Y) Largest decline over 5 years	-37.26%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.26%	—	—
Current Drawdown Current decline from peak	-6.28%	-17.55%	+11.27%
Average Drawdown Average peak-to-trough decline	-6.92%	-27.42%	+20.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.85%	15.15%	-9.30%

Volatility

XDWC.L vs. EBIZ.L - Volatility Comparison

The current volatility for Xtrackers MSCI World Consumer Discretionary UCITS ETF 1C (XDWC.L) is 5.79%, while Global X E-commerce UCITS ETF USD (Acc) (EBIZ.L) has a volatility of 6.77%. This indicates that XDWC.L experiences smaller price fluctuations and is considered to be less risky than EBIZ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDWC.L	EBIZ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	6.77%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	14.82%	17.00%	-2.18%
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	20.91%	-2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.21%	28.67%	-7.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.59%	28.67%	-9.08%

XDWC.L vs. EBIZ.L - Expense Ratio Comparison

XDWC.L has a 0.25% expense ratio, which is lower than EBIZ.L's 0.50% expense ratio.

Dividends

XDWC.L vs. EBIZ.L - Dividend Comparison

Neither XDWC.L nor EBIZ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDWC.L and EBIZ.L in my portfolio?

XDWC.L and EBIZ.L have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDWC.L or EBIZ.L?

On fees, XDWC.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, XDWC.L or EBIZ.L?

XDWC.L is cheaper with a 0.25% expense ratio, compared with 0.50% for EBIZ.L.

What is the main difference between XDWC.L and EBIZ.L?

XDWC.L tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while EBIZ.L tracks Solactive E-commerce v2 Index. They also come from different issuers: Xtrackers and Global X. Their fees differ too: 0.25% for XDWC.L and 0.50% for EBIZ.L.