XDWT.L vs. ^NDX
Compare and contrast key facts about Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) and NASDAQ 100 (^NDX).
XDWT.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 9, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XDWT.L or ^NDX.
Correlation
The correlation between XDWT.L and ^NDX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XDWT.L vs. ^NDX - Performance Comparison
Key characteristics
XDWT.L:
0.32
^NDX:
0.44
XDWT.L:
0.60
^NDX:
0.79
XDWT.L:
1.08
^NDX:
1.11
XDWT.L:
0.32
^NDX:
0.49
XDWT.L:
1.13
^NDX:
1.68
XDWT.L:
7.52%
^NDX:
6.69%
XDWT.L:
26.65%
^NDX:
25.40%
XDWT.L:
-35.99%
^NDX:
-82.90%
XDWT.L:
-15.08%
^NDX:
-12.37%
Returns By Period
In the year-to-date period, XDWT.L achieves a -12.97% return, which is significantly lower than ^NDX's -7.52% return.
XDWT.L
-12.97%
-0.03%
-10.51%
8.48%
19.20%
N/A
^NDX
-7.52%
0.78%
-4.52%
9.68%
17.57%
16.03%
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Risk-Adjusted Performance
XDWT.L vs. ^NDX — Risk-Adjusted Performance Rank
XDWT.L
^NDX
XDWT.L vs. ^NDX - Risk-Adjusted Performance 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 (^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.
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. For additional features, visit the drawdowns tool.
Volatility
XDWT.L vs. ^NDX - Volatility Comparison
The current volatility for Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) is 14.91%, while NASDAQ 100 (^NDX) has a volatility of 16.83%. This indicates that XDWT.L experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.