XDWT.DE vs. WTEC.L
XDWT.DE (Xtrackers MSCI World Information Technology UCITS ETF 1C) and WTEC.L (SPDR MSCI World Technology UCITS ETF USD Acc) are both Technology Equities funds - XDWT.DE tracks the MSCI World/Information Tech NR USD while WTEC.L tracks the MSCI World Information Technology index. Both are passively managed. Over the past 10 years, XDWT.DE returned 24.00%/yr vs 23.98%/yr for WTEC.L. Their correlation of 0.93 suggests significant overlap in exposure. XDWT.DE charges 0.25%/yr vs 0.30%/yr for WTEC.L.
Performance
XDWT.DE vs. WTEC.L - Performance Comparison
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Different Trading Currencies
XDWT.DE is traded in EUR, while WTEC.L is traded in USD. To make them comparable, the WTEC.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with XDWT.DE having a 25.23% return and WTEC.L slightly higher at 25.50%. Both investments have delivered pretty close results over the past 10 years, with XDWT.DE having a 24.00% annualized return and WTEC.L not far behind at 23.98%.
XDWT.DE
- 1D
- -2.03%
- 1M
- 12.76%
- YTD
- 25.23%
- 6M
- 23.47%
- 1Y
- 47.87%
- 3Y*
- 29.29%
- 5Y*
- 22.52%
- 10Y*
- 24.00%
WTEC.L
- 1D
- -1.99%
- 1M
- 14.78%
- YTD
- 25.50%
- 6M
- 23.85%
- 1Y
- 48.66%
- 3Y*
- 29.31%
- 5Y*
- 22.47%
- 10Y*
- 23.98%
XDWT.DE vs. WTEC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDWT.DE Xtrackers MSCI World Information Technology UCITS ETF 1C | 25.23% | 9.56% | 41.11% | 50.00% | -28.10% | 41.76% | 30.98% | 51.77% | 0.78% | 21.03% |
WTEC.L SPDR MSCI World Technology UCITS ETF USD Acc | 25.51% | 7.71% | 42.92% | 50.23% | -27.25% | 39.60% | 32.24% | 50.03% | 1.07% | 20.92% |
Correlation
The correlation between XDWT.DE and WTEC.L is 0.96 - 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 | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since May 5, 2016 | 0.93 |
The correlation between XDWT.DE and WTEC.L has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.
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Return for Risk
XDWT.DE vs. WTEC.L — Risk / Return Rank
XDWT.DE
WTEC.L
XDWT.DE vs. WTEC.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 SPDR MSCI World Technology UCITS ETF USD Acc (WTEC.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 | WTEC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.39 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 3.03 | +0.09 |
| Martin ratioReturn relative to average drawdown | 8.24 | 7.99 | +0.25 |
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 | WTEC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.38 | 2.33 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 0.97 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | 1.09 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 1.12 | -0.03 |
Drawdowns
XDWT.DE vs. WTEC.L - Drawdown Comparison
The maximum XDWT.DE drawdown since its inception was -31.61%, roughly equal to the maximum WTEC.L drawdown of -31.48%. Use the drawdown chart below to compare losses from any high point for XDWT.DE and WTEC.L.
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Drawdown Indicators
| XDWT.DE | WTEC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.61% | -31.48% | -0.13% |
Max Drawdown (1Y)Largest decline over 1 year | -15.59% | -15.98% | +0.39% |
Max Drawdown (3Y)Largest decline over 3 years | -29.46% | -29.92% | +0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -29.46% | -29.92% | +0.46% |
Max Drawdown (10Y)Largest decline over 10 years | -31.61% | -31.48% | -0.13% |
Current DrawdownCurrent decline from peak | -2.61% | -2.47% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -5.82% | -5.85% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.91% | 6.07% | -0.16% |
Volatility
XDWT.DE vs. WTEC.L - Volatility Comparison
Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.DE) and SPDR MSCI World Technology UCITS ETF USD Acc (WTEC.L) have volatilities of 7.11% and 7.41%, 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.
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Volatility by Period
| XDWT.DE | WTEC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.11% | 7.41% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 14.96% | 15.70% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.39% | 20.81% | -0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 23.21% | -0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.46% | 22.01% | -0.55% |
XDWT.DE vs. WTEC.L - Expense Ratio Comparison
XDWT.DE has a 0.25% expense ratio, which is lower than WTEC.L's 0.30% expense ratio.
Dividends
XDWT.DE vs. WTEC.L - Dividend Comparison
Neither XDWT.DE nor WTEC.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, XDWT.DE and WTEC.L 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, XDWT.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWT.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for WTEC.L.
XDWT.DE tracks MSCI World/Information Tech NR USD, while WTEC.L tracks MSCI World Information Technology index. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.25% for XDWT.DE and 0.30% for WTEC.L.
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