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 24.59%/yr vs 20.99%/yr for ^NDX. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
XDWT.L vs. ^NDX - Performance Comparison
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Returns By Period
In the year-to-date period, XDWT.L achieves a 26.47% return, which is significantly higher than ^NDX's 20.43% return. Over the past 10 years, XDWT.L has outperformed ^NDX with an annualized return of 24.59%, while ^NDX has yielded a comparatively lower 20.99% annualized return.
XDWT.L
- 1D
- -0.80%
- 1M
- 17.32%
- YTD
- 26.47%
- 6M
- 26.19%
- 1Y
- 55.17%
- 3Y*
- 33.78%
- 5Y*
- 21.83%
- 10Y*
- 24.59%
^NDX
- 1D
- -0.53%
- 1M
- 8.54%
- YTD
- 20.43%
- 6M
- 18.87%
- 1Y
- 39.99%
- 3Y*
- 27.83%
- 5Y*
- 17.17%
- 10Y*
- 20.99%
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 | 26.47% | 22.42% | 33.90% | 54.82% | -31.38% | 29.86% | 44.46% | 46.27% | -3.14% | 37.72% |
^NDX NASDAQ 100 Index | 20.43% | 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 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2016 | 0.61 |
The correlation between XDWT.L and ^NDX has been stable across timeframes, ranging from 0.61 to 0.69 - a consistent structural relationship.
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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.
| XDWT.L | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.43 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | 3.31 | -0.06 |
| Martin ratioReturn relative to average drawdown | 9.69 | 12.67 | -2.98 |
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.L | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.71 | 2.50 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.76 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.13 | 0.93 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 0.57 | +0.55 |
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 | -0.80% | -0.82% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -24.62% | +18.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 3.17% | +2.51% |
Volatility
XDWT.L vs. ^NDX - Volatility Comparison
Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) has a higher volatility of 6.90% compared to NASDAQ 100 Index (^NDX) at 4.54%. This indicates that XDWT.L's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. 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 | 6.90% | 4.54% | +2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 15.57% | 12.18% | +3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.36% | 16.08% | +4.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.61% | 22.59% | +1.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.08% | 22.52% | -0.44% |
Frequently Asked Questions
XDWT.L and ^NDX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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