XDWT.L vs. ENGE.L
XDWT.L (Xtrackers MSCI World Information Technology UCITS ETF 1C) and ENGE.L (SPDR MSCI Europe Energy UCITS ETF) are both exchange-traded funds - XDWT.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while ENGE.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, XDWT.L returned 32.85%/yr vs 20.65%/yr for ENGE.L. At a 0.16 correlation, their price movements are largely independent. XDWT.L charges 0.25%/yr vs 0.18%/yr for ENGE.L.
Performance
XDWT.L vs. ENGE.L - Performance Comparison
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Different Trading Currencies
XDWT.L is traded in USD, while ENGE.L is traded in GBP. To make them comparable, the ENGE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDWT.L achieves a 24.10% return, which is significantly lower than ENGE.L's 33.14% return.
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%
ENGE.L
- 1D
- -0.74%
- 1M
- -3.05%
- YTD
- 33.14%
- 6M
- 30.54%
- 1Y
- 56.86%
- 3Y*
- 20.65%
- 5Y*
- —
- 10Y*
- —
XDWT.L vs. ENGE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C | 24.10% | 22.42% | 33.90% | 54.82% | -24.44% |
ENGE.L SPDR MSCI Europe Energy UCITS ETF | 33.14% | 29.19% | -10.70% | 11.50% | 11.78% |
Correlation
The correlation between XDWT.L and ENGE.L is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2022 | 0.16 |
The correlation between XDWT.L and ENGE.L shifts across timeframes, from -0.14 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDWT.L vs. ENGE.L — Risk / Return Rank
XDWT.L
ENGE.L
XDWT.L vs. ENGE.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.L) and SPDR MSCI Europe Energy UCITS ETF (ENGE.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.L | ENGE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.42 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 5.77 | -2.73 |
| Martin ratioReturn relative to average drawdown | 9.02 | 18.32 | -9.29 |
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 | ENGE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.51 | 2.54 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | — | — |
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 | 0.69 | +0.42 |
Drawdowns
XDWT.L vs. ENGE.L - Drawdown Comparison
The maximum XDWT.L drawdown since its inception was -35.99%, which is greater than ENGE.L's maximum drawdown of -24.19%. Use the drawdown chart below to compare losses from any high point for XDWT.L and ENGE.L.
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Drawdown Indicators
| XDWT.L | ENGE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -24.19% | -11.80% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -9.81% | -7.05% |
Max Drawdown (3Y)Largest decline over 3 years | -26.10% | -23.33% | -2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -35.99% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.99% | — | — |
Current DrawdownCurrent decline from peak | -2.66% | -5.80% | +3.14% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -6.42% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 3.10% | +2.58% |
Volatility
XDWT.L vs. ENGE.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) is 7.39%, while SPDR MSCI Europe Energy UCITS ETF (ENGE.L) has a volatility of 8.27%. This indicates that XDWT.L experiences smaller price fluctuations and is considered to be less risky than ENGE.L 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 | ENGE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 8.27% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 15.71% | 19.10% | -3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.39% | 22.34% | -1.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 24.32% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.09% | 24.32% | -2.23% |
XDWT.L vs. ENGE.L - Expense Ratio Comparison
XDWT.L has a 0.25% expense ratio, which is higher than ENGE.L'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. ENGE.L - Dividend Comparison
Neither XDWT.L nor ENGE.L has paid dividends to shareholders.
Frequently Asked Questions
XDWT.L and ENGE.L have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ENGE.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ENGE.L is cheaper with a 0.18% expense ratio, compared with 0.25% for XDWT.L.
XDWT.L is categorized as Technology Equities, while ENGE.L is Energy Equities. XDWT.L tracks MSCI World/Information Tech NR USD, while ENGE.L tracks MSCI World/Energy NR USD. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.25% for XDWT.L and 0.18% for ENGE.L.
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