XDWL.DE vs. IWMO.MI
XDWL.DE (Xtrackers MSCI World UCITS ETF 1D) and IWMO.MI (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) are both exchange-traded funds - XDWL.DE is a Global Equities fund tracking the MSCI World, while IWMO.MI is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 10 years, XDWL.DE returned 12.83%/yr vs 15.31%/yr for IWMO.MI. Their correlation of 0.81 suggests significant overlap in exposure. XDWL.DE charges 0.12%/yr vs 0.25%/yr for IWMO.MI.
Performance
XDWL.DE vs. IWMO.MI - Performance Comparison
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Returns By Period
In the year-to-date period, XDWL.DE achieves a 10.94% return, which is significantly lower than IWMO.MI's 22.51% return. Over the past 10 years, XDWL.DE has underperformed IWMO.MI with an annualized return of 12.83%, while IWMO.MI has yielded a comparatively higher 15.31% annualized return.
XDWL.DE
- 1D
- 0.00%
- 1M
- 4.82%
- YTD
- 10.94%
- 6M
- 11.37%
- 1Y
- 23.87%
- 3Y*
- 17.62%
- 5Y*
- 12.94%
- 10Y*
- 12.83%
IWMO.MI
- 1D
- -0.90%
- 1M
- 6.80%
- YTD
- 22.51%
- 6M
- 23.59%
- 1Y
- 31.43%
- 3Y*
- 26.15%
- 5Y*
- 14.68%
- 10Y*
- 15.31%
XDWL.DE vs. IWMO.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDWL.DE Xtrackers MSCI World UCITS ETF 1D | 10.94% | 7.90% | 26.08% | 20.26% | -13.81% | 32.92% | 5.44% | 31.23% | -5.02% | 7.74% |
IWMO.MI iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 22.51% | 8.04% | 39.23% | 7.91% | -13.96% | 24.82% | 17.08% | 31.14% | 0.40% | 16.05% |
Correlation
The correlation between XDWL.DE and IWMO.MI is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Apr 21, 2015 | 0.81 |
The correlation between XDWL.DE and IWMO.MI has been stable across timeframes, ranging from 0.81 to 0.87 - a consistent structural relationship.
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Return for Risk
XDWL.DE vs. IWMO.MI — Risk / Return Rank
XDWL.DE
IWMO.MI
XDWL.DE vs. IWMO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World UCITS ETF 1D (XDWL.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI). 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.
| XDWL.DE | IWMO.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.34 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 3.50 | +0.17 |
| Martin ratioReturn relative to average drawdown | 14.44 | 13.36 | +1.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XDWL.DE | IWMO.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 1.87 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.84 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.90 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.80 | -0.12 |
Drawdowns
XDWL.DE vs. IWMO.MI - Drawdown Comparison
The maximum XDWL.DE drawdown since its inception was -33.65%, which is greater than IWMO.MI's maximum drawdown of -31.03%. Use the drawdown chart below to compare losses from any high point for XDWL.DE and IWMO.MI.
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Drawdown Indicators
| XDWL.DE | IWMO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -31.03% | -2.62% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -9.04% | +2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -21.63% | -23.45% | +1.82% |
Max Drawdown (5Y)Largest decline over 5 years | -21.63% | -23.45% | +1.82% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | -31.03% | -2.62% |
Current DrawdownCurrent decline from peak | -0.29% | -0.90% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -5.88% | +1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 2.37% | -0.72% |
Volatility
XDWL.DE vs. IWMO.MI - Volatility Comparison
The current volatility for Xtrackers MSCI World UCITS ETF 1D (XDWL.DE) is 2.62%, while iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI) has a volatility of 5.79%. This indicates that XDWL.DE experiences smaller price fluctuations and is considered to be less risky than IWMO.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDWL.DE | IWMO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 5.79% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 7.73% | 14.18% | -6.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 16.87% | -5.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.14% | 17.29% | -3.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.12% | 17.60% | -2.48% |
XDWL.DE vs. IWMO.MI - Expense Ratio Comparison
XDWL.DE has a 0.12% expense ratio, which is lower than IWMO.MI's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XDWL.DE vs. IWMO.MI - Dividend Comparison
XDWL.DE's dividend yield for the trailing twelve months is around 1.17%, while IWMO.MI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IWMO.MI iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDWL.DE Xtrackers MSCI World UCITS ETF 1D | 1.17% | 1.28% | 1.65% | 1.58% | 1.77% | 2.08% | 1.95% | 1.98% | 1.40% | 1.94% | 1.83% |
Frequently Asked Questions
XDWL.DE and IWMO.MI have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDWL.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWL.DE is cheaper with a 0.12% expense ratio, compared with 0.25% for IWMO.MI.
XDWL.DE is categorized as Global Equities, while IWMO.MI is Momentum. XDWL.DE tracks MSCI World, while IWMO.MI tracks MSCI World Momentum Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XDWL.DE and 0.25% for IWMO.MI.
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