XDWD.DE vs. 4GLD.DE
XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) and 4GLD.DE (Xetra-Gold) are both exchange-traded funds - XDWD.DE is a Global Equities fund tracking the MSCI World, while 4GLD.DE is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 10 years, XDWD.DE returned 13.12%/yr vs 12.59%/yr for 4GLD.DE. At a 0.04 correlation, their price movements are largely independent. XDWD.DE charges 0.19%/yr vs 0.00%/yr for 4GLD.DE.
Performance
XDWD.DE vs. 4GLD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDWD.DE achieves a 11.26% return, which is significantly higher than 4GLD.DE's 0.25% return. Both investments have delivered pretty close results over the past 10 years, with XDWD.DE having a 13.12% annualized return and 4GLD.DE not far behind at 12.59%.
XDWD.DE
- 1D
- 1.14%
- 1M
- 2.64%
- YTD
- 11.26%
- 6M
- 12.63%
- 1Y
- 25.29%
- 3Y*
- 17.21%
- 5Y*
- 12.68%
- 10Y*
- 13.12%
4GLD.DE
- 1D
- 2.95%
- 1M
- -4.05%
- YTD
- 0.25%
- 6M
- 2.33%
- 1Y
- 26.79%
- 3Y*
- 27.91%
- 5Y*
- 19.59%
- 10Y*
- 12.59%
XDWD.DE vs. 4GLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 11.26% | 7.85% | 25.98% | 20.19% | -13.68% | 32.75% | 5.47% | 31.26% | -4.94% | 7.84% |
4GLD.DE Xetra-Gold | 0.25% | 49.32% | 34.57% | 9.33% | 7.12% | 4.03% | 13.03% | 21.27% | 3.19% | -1.67% |
Correlation
The correlation between XDWD.DE and 4GLD.DE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.04 |
Over the past year, XDWD.DE and 4GLD.DE have become more correlated (0.24) than their long-term average of 0.04, meaning their price movements have been converging.
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Return for Risk
XDWD.DE vs. 4GLD.DE — Risk / Return Rank
XDWD.DE
4GLD.DE
XDWD.DE vs. 4GLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) and Xetra-Gold (4GLD.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.
| XDWD.DE | 4GLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.22 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.97 | 1.23 | +2.75 |
| Martin ratioReturn relative to average drawdown | 15.92 | 3.72 | +12.20 |
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Drawdowns
XDWD.DE vs. 4GLD.DE - Drawdown Comparison
The maximum XDWD.DE drawdown since its inception was -33.55%, smaller than the maximum 4GLD.DE drawdown of -36.79%. Use the drawdown chart below to compare losses from any high point for XDWD.DE and 4GLD.DE.
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Drawdown Indicators
| XDWD.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.55% | -36.79% | +3.24% |
Max Drawdown (1Y)Largest decline over 1 year | -6.34% | -21.73% | +15.39% |
Max Drawdown (3Y)Largest decline over 3 years | -21.64% | -21.73% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -21.64% | -21.73% | +0.09% |
Max Drawdown (10Y)Largest decline over 10 years | -33.55% | -21.73% | -11.82% |
Current DrawdownCurrent decline from peak | -0.02% | -17.06% | +17.04% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -12.03% | +7.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 7.19% | -5.61% |
Volatility
XDWD.DE vs. 4GLD.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) is 3.10%, while Xetra-Gold (4GLD.DE) has a volatility of 7.32%. This indicates that XDWD.DE experiences smaller price fluctuations and is considered to be less risky than 4GLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDWD.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 7.32% | -4.22% |
Volatility (6M)Calculated over the trailing 6-month period | 8.04% | 21.00% | -12.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.30% | 23.89% | -12.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.16% | 16.35% | -2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.15% | 14.57% | +0.58% |
XDWD.DE vs. 4GLD.DE - Expense Ratio Comparison
XDWD.DE has a 0.19% expense ratio, which is higher than 4GLD.DE's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XDWD.DE vs. 4GLD.DE - Dividend Comparison
Neither XDWD.DE nor 4GLD.DE has paid dividends to shareholders.
Frequently Asked Questions
XDWD.DE and 4GLD.DE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.19% for XDWD.DE.
XDWD.DE is categorized as Global Equities, while 4GLD.DE is Gold. XDWD.DE tracks MSCI World, while 4GLD.DE tracks LBMA Gold Price. They also come from different issuers: Xtrackers and Deutsche Börse Commodities. Their fees differ too: 0.19% for XDWD.DE and 0.00% for 4GLD.DE.
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