XDWT.L vs. AYEW.DE
XDWT.L (Xtrackers MSCI World Information Technology UCITS ETF 1C) and AYEW.DE (iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)) are both Technology Equities funds - XDWT.L tracks the MSCI World/Information Tech NR USD while AYEW.DE tracks the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. Both are passively managed. Over the past 5 years, XDWT.L returned 21.37%/yr vs 20.36%/yr for AYEW.DE. Their correlation of 0.91 suggests significant overlap in exposure. XDWT.L charges 0.25%/yr vs 0.18%/yr for AYEW.DE.
Performance
XDWT.L vs. AYEW.DE - Performance Comparison
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Different Trading Currencies
XDWT.L is traded in USD, while AYEW.DE is traded in EUR. To make them comparable, the AYEW.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with XDWT.L having a 24.10% return and AYEW.DE slightly lower at 23.17%.
XDWT.L
- 1D
- -1.87%
- 1M
- 13.92%
- YTD
- 24.10%
- 6M
- 23.59%
- 1Y
- 51.40%
- 3Y*
- 32.85%
- 5Y*
- 21.37%
- 10Y*
- 24.28%
AYEW.DE
- 1D
- -1.55%
- 1M
- 14.33%
- YTD
- 23.17%
- 6M
- 23.04%
- 1Y
- 47.76%
- 3Y*
- 31.48%
- 5Y*
- 20.36%
- 10Y*
- —
XDWT.L vs. AYEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C | 24.10% | 22.42% | 33.90% | 54.82% | -31.38% | 29.86% | 44.46% | 11.78% |
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 23.17% | 23.78% | 26.08% | 60.69% | -33.56% | 30.70% | 43.79% | 12.74% |
Correlation
The correlation between XDWT.L and AYEW.DE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2019 | 0.91 |
The correlation between XDWT.L and AYEW.DE has been stable across timeframes, ranging from 0.88 to 0.95 - a consistent structural relationship.
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Return for Risk
XDWT.L vs. AYEW.DE — Risk / Return Rank
XDWT.L
AYEW.DE
XDWT.L vs. AYEW.DE - 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 iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE). 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 | AYEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.38 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 3.05 | -0.01 |
| Martin ratioReturn relative to average drawdown | 9.02 | 9.61 | -0.59 |
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 | AYEW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.51 | 2.38 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.85 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 1.01 | +0.10 |
Drawdowns
XDWT.L vs. AYEW.DE - Drawdown Comparison
The maximum XDWT.L drawdown since its inception was -35.99%, smaller than the maximum AYEW.DE drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for XDWT.L and AYEW.DE.
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Drawdown Indicators
| XDWT.L | AYEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -39.13% | +3.14% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -15.60% | -1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -26.10% | -25.47% | -0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -35.99% | -39.13% | +3.14% |
Max Drawdown (10Y)Largest decline over 10 years | -35.99% | — | — |
Current DrawdownCurrent decline from peak | -2.66% | -2.28% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -8.46% | +2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 4.96% | +0.72% |
Volatility
XDWT.L vs. AYEW.DE - Volatility Comparison
Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) has a higher volatility of 7.39% compared to iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) at 6.85%. This indicates that XDWT.L's price experiences larger fluctuations and is considered to be riskier than AYEW.DE 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 | AYEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 6.85% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 15.71% | 15.32% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.39% | 19.97% | +0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 23.70% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.09% | 24.33% | -2.24% |
XDWT.L vs. AYEW.DE - Expense Ratio Comparison
XDWT.L has a 0.25% expense ratio, which is higher than AYEW.DE's 0.18% 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.L vs. AYEW.DE - Dividend Comparison
XDWT.L has not paid dividends to shareholders, while AYEW.DE's dividend yield for the trailing twelve months is around 0.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 0.25% | 0.31% | 0.38% | 0.46% | 0.82% | 0.40% | 0.65% | 0.12% |
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, XDWT.L and AYEW.DE 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, AYEW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AYEW.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for XDWT.L.
XDWT.L tracks MSCI World/Information Tech NR USD, while AYEW.DE tracks MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XDWT.L and 0.18% for AYEW.DE.
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