XDWT.L vs. ^NDX
XDWT.L (Xtrackers MSCI World Information Technology UCITS ETF 1C) is Technology Equities fund tracking the MSCI World/Information Tech NR USD, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, XDWT.L returned 24.42%/yr vs 21.50%/yr for ^NDX. A 0.69 correlation means they provide meaningful diversification when combined.
Performance
XDWT.L vs. ^NDX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with XDWT.L having a 16.67% return and ^NDX slightly lower at 16.60%. Over the past 10 years, XDWT.L has outperformed ^NDX with an annualized return of 24.42%, while ^NDX has yielded a comparatively lower 21.50% annualized return.
XDWT.L
- 1D
- -1.23%
- 1M
- -2.50%
- YTD
- 16.67%
- 6M
- 16.30%
- 1Y
- 36.46%
- 3Y*
- 29.83%
- 5Y*
- 18.79%
- 10Y*
- 24.42%
^NDX
- 1D
- 0.75%
- 1M
- -1.87%
- YTD
- 16.60%
- 6M
- 14.75%
- 1Y
- 32.39%
- 3Y*
- 26.08%
- 5Y*
- 15.46%
- 10Y*
- 21.50%
XDWT.L vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C | 16.67% | 22.42% | 33.89% | 54.83% | -31.38% | 29.86% | 44.46% | 46.27% | -3.14% | 37.72% |
^NDX NASDAQ 100 Index | 16.60% | 20.17% | 24.88% | 53.81% | -32.97% | 26.63% | 47.58% | 37.96% | -1.04% | 31.52% |
Correlation
The correlation between XDWT.L and ^NDX is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2010 | 0.69 |
The correlation between XDWT.L and ^NDX shifts across timeframes, from 0.60 (10 years) to 0.70 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XDWT.L vs. ^NDX — Risk / Return Rank
XDWT.L
^NDX
XDWT.L vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) and NASDAQ 100 Index (^NDX). 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.
| XDWT.L | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.32 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 2.68 | -0.53 |
| Martin ratioReturn relative to average drawdown | 6.14 | 9.84 | -3.70 |
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Drawdowns
XDWT.L vs. ^NDX - Drawdown Comparison
The maximum XDWT.L drawdown since its inception was -35.99%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for XDWT.L and ^NDX.
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Drawdown Indicators
| XDWT.L | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -82.90% | +46.91% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -12.12% | -4.74% |
Max Drawdown (3Y)Largest decline over 3 years | -26.10% | -22.93% | -3.17% |
Max Drawdown (5Y)Largest decline over 5 years | -35.99% | -35.56% | -0.43% |
Max Drawdown (10Y)Largest decline over 10 years | -35.99% | -35.56% | -0.43% |
Current DrawdownCurrent decline from peak | -8.49% | -3.98% | -4.51% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -24.59% | +18.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.92% | 3.30% | +2.62% |
Volatility
XDWT.L vs. ^NDX - Volatility Comparison
Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) and NASDAQ 100 Index (^NDX) have volatilities of 8.87% and 8.92%, 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.L | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.87% | 8.92% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 17.14% | 14.53% | +2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.52% | 17.97% | +3.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.76% | 22.90% | +0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.96% | 22.64% | -0.68% |
Frequently Asked Questions
XDWT.L and ^NDX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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