XDWL.DE vs. UETW.DE
XDWL.DE (Xtrackers MSCI World UCITS ETF 1D) and UETW.DE (UBS ETF (IE) MSCI World UCITS ETF (USD) Acc) are both Global Equities funds tracking the MSCI World, from Xtrackers and UBS respectively. Both are passively managed. Over the past 5 years, XDWL.DE returned 12.94%/yr vs 12.87%/yr for UETW.DE. With a 1.00 correlation, they move nearly in lockstep. XDWL.DE charges 0.12%/yr vs 0.10%/yr for UETW.DE.
Performance
XDWL.DE vs. UETW.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with XDWL.DE having a 10.94% return and UETW.DE slightly higher at 10.95%.
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%
UETW.DE
- 1D
- -0.01%
- 1M
- 3.72%
- YTD
- 10.95%
- 6M
- 10.99%
- 1Y
- 23.94%
- 3Y*
- 17.68%
- 5Y*
- 12.87%
- 10Y*
- —
XDWL.DE vs. UETW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XDWL.DE Xtrackers MSCI World UCITS ETF 1D | 10.94% | 7.90% | 26.08% | 20.26% | -13.81% | 32.92% | 5.44% | 12.64% |
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 10.95% | 8.06% | 26.50% | 19.68% | -13.72% | 32.17% | 5.50% | 12.54% |
Correlation
The correlation between XDWL.DE and UETW.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | 1.00 |
The correlation between XDWL.DE and UETW.DE has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
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
XDWL.DE vs. UETW.DE — Risk / Return Rank
XDWL.DE
UETW.DE
XDWL.DE vs. UETW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World UCITS ETF 1D (XDWL.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.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.
| XDWL.DE | UETW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.40 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 3.67 | -0.01 |
| Martin ratioReturn relative to average drawdown | 14.44 | 14.61 | -0.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XDWL.DE | UETW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 2.17 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.91 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.85 | -0.17 |
Drawdowns
XDWL.DE vs. UETW.DE - Drawdown Comparison
The maximum XDWL.DE drawdown since its inception was -33.65%, roughly equal to the maximum UETW.DE drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for XDWL.DE and UETW.DE.
Loading charts...
Drawdown Indicators
| XDWL.DE | UETW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -33.72% | +0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -6.47% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -21.63% | -21.30% | -0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -21.63% | -21.30% | -0.33% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | — | — |
Current DrawdownCurrent decline from peak | -0.29% | -0.30% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -4.63% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 1.63% | +0.02% |
Volatility
XDWL.DE vs. UETW.DE - Volatility Comparison
Xtrackers MSCI World UCITS ETF 1D (XDWL.DE) and UBS ETF (IE) MSCI World UCITS ETF (USD) Acc (UETW.DE) have volatilities of 2.62% and 2.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDWL.DE | UETW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 2.60% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.73% | 7.63% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 10.97% | +0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.14% | 14.03% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.12% | 16.11% | -0.99% |
XDWL.DE vs. UETW.DE - Expense Ratio Comparison
XDWL.DE has a 0.12% expense ratio, which is higher than UETW.DE's 0.10% 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
XDWL.DE vs. UETW.DE - Dividend Comparison
XDWL.DE's dividend yield for the trailing twelve months is around 1.17%, while UETW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
UETW.DE UBS ETF (IE) MSCI World UCITS ETF (USD) 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
With a correlation of 1.00, XDWL.DE and UETW.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, UETW.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UETW.DE is cheaper with a 0.10% expense ratio, compared with 0.12% for XDWL.DE.
Both ETFs track MSCI World. They also come from different issuers: Xtrackers and UBS. Their fees differ too: 0.12% for XDWL.DE and 0.10% for UETW.DE.
Find the right allocation for XDWL.DE and UETW.DE
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