XDWM.DE vs. XDEW.DE
XDWM.DE (Xtrackers MSCI World Materials UCITS ETF 1C) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XDWM.DE is a Industrials Equities fund tracking the MSCI World/Materials NR USD, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, XDWM.DE returned 9.65%/yr vs 11.15%/yr for XDEW.DE. A 0.76 correlation means they provide meaningful diversification when combined. XDWM.DE charges 0.25%/yr vs 0.20%/yr for XDEW.DE.
Performance
XDWM.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDWM.DE achieves a 10.99% return, which is significantly lower than XDEW.DE's 15.20% return. Over the past 10 years, XDWM.DE has underperformed XDEW.DE with an annualized return of 9.65%, while XDEW.DE has yielded a comparatively higher 11.15% annualized return.
XDWM.DE
- 1D
- -0.18%
- 1M
- -2.98%
- 6M
- 4.66%
- YTD
- 10.99%
- 1Y
- 24.91%
- 3Y*
- 10.29%
- 5Y*
- 7.24%
- 10Y*
- 9.65%
XDEW.DE
- 1D
- 0.59%
- 1M
- 3.39%
- 6M
- 12.16%
- YTD
- 15.20%
- 1Y
- 21.25%
- 3Y*
- 13.22%
- 5Y*
- 9.60%
- 10Y*
- 11.15%
XDWM.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDWM.DE Xtrackers MSCI World Materials UCITS ETF 1C | 10.99% | 12.88% | 0.02% | 10.76% | -4.98% | 26.01% | 9.44% | 25.62% | -13.32% | 13.08% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 15.20% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between XDWM.DE and XDEW.DE is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.76 |
Over the past year, the correlation between XDWM.DE and XDEW.DE has dropped to 0.53 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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Return for Risk
XDWM.DE vs. XDEW.DE — Risk / Return Rank
XDWM.DE
XDEW.DE
XDWM.DE vs. XDEW.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 Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
| XDWM.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.36 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 4.18 | -2.37 |
| Martin ratioReturn relative to average drawdown | 6.80 | 12.86 | -6.06 |
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Drawdowns
XDWM.DE vs. XDEW.DE - Drawdown Comparison
The maximum XDWM.DE drawdown since its inception was -50.31%, which is greater than XDEW.DE's maximum drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XDWM.DE and XDEW.DE.
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Drawdown Indicators
| XDWM.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.31% | -38.79% | -11.52% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -5.06% | -8.61% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -22.70% | +1.93% |
Max Drawdown (5Y)Largest decline over 5 years | -20.77% | -22.70% | +1.93% |
Max Drawdown (10Y)Largest decline over 10 years | -33.89% | -38.79% | +4.90% |
Current DrawdownCurrent decline from peak | -6.13% | 0.00% | -6.13% |
Average DrawdownAverage peak-to-trough decline | -19.38% | -5.34% | -14.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 1.65% | +2.00% |
Volatility
XDWM.DE vs. XDEW.DE - Volatility Comparison
Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.DE) has a higher volatility of 6.77% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.61%. This indicates that XDWM.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.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 | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.77% | 2.61% | +4.16% |
Volatility (6M)Calculated over the trailing 6-month period | 16.37% | 6.90% | +9.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.87% | 10.62% | +8.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.04% | 14.90% | +2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.31% | 16.80% | +1.51% |
XDWM.DE vs. XDEW.DE - Expense Ratio Comparison
XDWM.DE has a 0.25% expense ratio, which is higher than XDEW.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. XDEW.DE - Dividend Comparison
Neither XDWM.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
XDWM.DE and XDEW.DE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEW.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XDWM.DE.
XDWM.DE is categorized as Industrials Equities, while XDEW.DE is S&P 500. XDWM.DE tracks MSCI World/Materials NR USD, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.25% for XDWM.DE and 0.20% for XDEW.DE.
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