XDWT.DE vs. PABG.L
XDWT.DE (Xtrackers MSCI World Information Technology UCITS ETF 1C) and PABG.L (Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc) are both exchange-traded funds - XDWT.DE is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while PABG.L is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 5 years, XDWT.DE returned 22.52%/yr vs 9.81%/yr for PABG.L. A 0.57 correlation means they provide meaningful diversification when combined. XDWT.DE charges 0.25%/yr vs 0.20%/yr for PABG.L.
Performance
XDWT.DE vs. PABG.L - Performance Comparison
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Different Trading Currencies
XDWT.DE is traded in EUR, while PABG.L is traded in GBP. To make them comparable, the PABG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDWT.DE achieves a 25.23% return, which is significantly higher than PABG.L's 6.84% return.
XDWT.DE
- 1D
- -2.03%
- 1M
- 14.75%
- YTD
- 25.23%
- 6M
- 23.98%
- 1Y
- 48.86%
- 3Y*
- 29.29%
- 5Y*
- 22.52%
- 10Y*
- 24.00%
PABG.L
- 1D
- 0.77%
- 1M
- 3.29%
- YTD
- 6.84%
- 6M
- 7.94%
- 1Y
- 13.61%
- 3Y*
- 16.18%
- 5Y*
- 9.81%
- 10Y*
- —
XDWT.DE vs. PABG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XDWT.DE Xtrackers MSCI World Information Technology UCITS ETF 1C | 25.23% | 9.56% | 41.11% | 50.00% | -28.10% | 37.46% |
PABG.L Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc | 6.84% | 21.08% | 14.27% | 21.93% | -16.45% | 24.45% |
Correlation
The correlation between XDWT.DE and PABG.L is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2021 | 0.57 |
The correlation between XDWT.DE and PABG.L has been stable across timeframes, ranging from 0.49 to 0.57 - a consistent structural relationship.
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Return for Risk
XDWT.DE vs. PABG.L — Risk / Return Rank
XDWT.DE
PABG.L
XDWT.DE vs. PABG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.DE) and Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L). 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.
| XDWT.DE | PABG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.17 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 1.23 | +1.89 |
| Martin ratioReturn relative to average drawdown | 8.24 | 4.26 | +3.98 |
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
| XDWT.DE | PABG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.38 | 0.88 | +1.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 0.57 | +0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.74 | +0.35 |
Drawdowns
XDWT.DE vs. PABG.L - Drawdown Comparison
The maximum XDWT.DE drawdown since its inception was -31.61%, which is greater than PABG.L's maximum drawdown of -28.72%. Use the drawdown chart below to compare losses from any high point for XDWT.DE and PABG.L.
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Drawdown Indicators
| XDWT.DE | PABG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.61% | -28.72% | -2.89% |
Max Drawdown (1Y)Largest decline over 1 year | -15.59% | -11.23% | -4.36% |
Max Drawdown (3Y)Largest decline over 3 years | -29.46% | -15.99% | -13.47% |
Max Drawdown (5Y)Largest decline over 5 years | -29.46% | -28.72% | -0.74% |
Max Drawdown (10Y)Largest decline over 10 years | -31.61% | — | — |
Current DrawdownCurrent decline from peak | -2.61% | -0.21% | -2.40% |
Average DrawdownAverage peak-to-trough decline | -5.82% | -6.10% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.91% | 3.25% | +2.66% |
Volatility
XDWT.DE vs. PABG.L - Volatility Comparison
Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.DE) has a higher volatility of 7.11% compared to Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) at 4.81%. This indicates that XDWT.DE's price experiences larger fluctuations and is considered to be riskier than PABG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDWT.DE | PABG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.11% | 4.81% | +2.30% |
Volatility (6M)Calculated over the trailing 6-month period | 14.96% | 12.68% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.39% | 15.70% | +4.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 17.11% | +5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.46% | 16.83% | +4.63% |
XDWT.DE vs. PABG.L - Expense Ratio Comparison
XDWT.DE has a 0.25% expense ratio, which is higher than PABG.L'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
XDWT.DE vs. PABG.L - Dividend Comparison
Neither XDWT.DE nor PABG.L has paid dividends to shareholders.
Frequently Asked Questions
XDWT.DE and PABG.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PABG.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PABG.L is cheaper with a 0.20% expense ratio, compared with 0.25% for XDWT.DE.
XDWT.DE is categorized as Technology Equities, while PABG.L is Europe Equities. XDWT.DE tracks MSCI World/Information Tech NR USD, while PABG.L tracks MSCI EMU NR EUR. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XDWT.DE and 0.20% for PABG.L.
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