XDWM.DE vs. SC00.DE
XDWM.DE (Xtrackers MSCI World Materials UCITS ETF 1C) and SC00.DE (Invesco European Chemicals Sector UCITS ETF) are both Industrials Equities funds - XDWM.DE tracks the MSCI World/Materials NR USD while SC00.DE tracks the STOXX® Europe 600 Optimised Chemicals. Both are passively managed. Over the past 10 years, XDWM.DE returned 10.70%/yr vs 5.98%/yr for SC00.DE. A 0.58 correlation means they provide meaningful diversification when combined. XDWM.DE charges 0.25%/yr vs 0.20%/yr for SC00.DE.
Performance
XDWM.DE vs. SC00.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDWM.DE achieves a 15.62% return, which is significantly higher than SC00.DE's 10.32% return. Over the past 10 years, XDWM.DE has outperformed SC00.DE with an annualized return of 10.70%, while SC00.DE has yielded a comparatively lower 5.98% annualized return.
XDWM.DE
- 1D
- -0.60%
- 1M
- 4.06%
- YTD
- 15.62%
- 6M
- 20.60%
- 1Y
- 29.85%
- 3Y*
- 12.34%
- 5Y*
- 7.86%
- 10Y*
- 10.70%
SC00.DE
- 1D
- -0.03%
- 1M
- 0.84%
- YTD
- 10.32%
- 6M
- 11.51%
- 1Y
- -3.93%
- 3Y*
- 1.19%
- 5Y*
- -0.03%
- 10Y*
- 5.98%
XDWM.DE vs. SC00.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDWM.DE Xtrackers MSCI World Materials UCITS ETF 1C | 15.62% | 12.88% | 0.02% | 10.77% | -4.99% | 26.01% | 9.43% | 25.66% | -13.34% | 13.08% |
SC00.DE Invesco European Chemicals Sector UCITS ETF | 10.32% | -5.68% | -7.91% | 14.24% | -15.93% | 20.69% | 10.10% | 32.92% | -15.65% | 14.07% |
Correlation
The correlation between XDWM.DE and SC00.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2016 | 0.58 |
The correlation between XDWM.DE and SC00.DE has been stable across timeframes, ranging from 0.58 to 0.66 - a consistent structural relationship.
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Return for Risk
XDWM.DE vs. SC00.DE — Risk / Return Rank
XDWM.DE
SC00.DE
XDWM.DE vs. SC00.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.DE) and Invesco European Chemicals Sector UCITS ETF (SC00.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.
| XDWM.DE | SC00.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.97 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | -0.25 | +2.42 |
| Martin ratioReturn relative to average drawdown | 8.91 | -0.41 | +9.32 |
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
| XDWM.DE | SC00.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | -0.24 | +1.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | -0.00 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.40 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.57 | +0.05 |
Drawdowns
XDWM.DE vs. SC00.DE - Drawdown Comparison
The maximum XDWM.DE drawdown since its inception was -33.91%, which is greater than SC00.DE's maximum drawdown of -30.50%. Use the drawdown chart below to compare losses from any high point for XDWM.DE and SC00.DE.
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Drawdown Indicators
| XDWM.DE | SC00.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.91% | -30.50% | -3.41% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -15.66% | +1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -20.01% | -0.76% |
Max Drawdown (5Y)Largest decline over 5 years | -20.77% | -26.73% | +5.96% |
Max Drawdown (10Y)Largest decline over 10 years | -33.91% | -30.50% | -3.41% |
Current DrawdownCurrent decline from peak | -2.14% | -9.93% | +7.79% |
Average DrawdownAverage peak-to-trough decline | -5.48% | -8.41% | +2.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.34% | 9.64% | -6.30% |
Volatility
XDWM.DE vs. SC00.DE - Volatility Comparison
Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.DE) has a higher volatility of 6.55% compared to Invesco European Chemicals Sector UCITS ETF (SC00.DE) at 3.95%. This indicates that XDWM.DE's price experiences larger fluctuations and is considered to be riskier than SC00.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDWM.DE | SC00.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 3.95% | +2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 15.21% | 12.23% | +2.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.45% | 16.14% | +1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.81% | 17.64% | -0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 19.77% | -2.19% |
XDWM.DE vs. SC00.DE - Expense Ratio Comparison
XDWM.DE has a 0.25% expense ratio, which is higher than SC00.DE's 0.20% 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
XDWM.DE vs. SC00.DE - Dividend Comparison
Neither XDWM.DE nor SC00.DE has paid dividends to shareholders.
Frequently Asked Questions
XDWM.DE and SC00.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC00.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC00.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XDWM.DE.
XDWM.DE tracks MSCI World/Materials NR USD, while SC00.DE tracks STOXX® Europe 600 Optimised Chemicals. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.25% for XDWM.DE and 0.20% for SC00.DE.
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