XDWT.L vs. SMGB.L

Last updated Jun 5, 2026

XDWT.L (Xtrackers MSCI World Information Technology UCITS ETF 1C) and SMGB.L (VanEck Semiconductor UCITS ETF) are both exchange-traded funds - XDWT.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while SMGB.L is a Semiconductors fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, XDWT.L returned 21.37%/yr vs 36.94%/yr for SMGB.L. Their correlation of 0.83 suggests significant overlap in exposure. XDWT.L charges 0.25%/yr vs 0.35%/yr for SMGB.L.

Performance

XDWT.L vs. SMGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) and VanEck Semiconductor UCITS ETF (SMGB.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XDWT.L is traded in USD, while SMGB.L is traded in GBP. To make them comparable, the SMGB.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 SMGB.L's 85.03% 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%

SMGB.L

• 1D: -2.44%
• 1M: 22.44%
• YTD: 85.03%
• 6M: 86.05%
• 1Y: 171.14%
• 3Y*: 61.20%
• 5Y*: 36.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDWT.L vs. SMGB.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C	24.10%	22.42%	33.90%	54.82%	-31.38%	29.86%	4.59%
SMGB.L VanEck Semiconductor UCITS ETF	85.03%	49.26%	24.20%	74.93%	-35.24%	43.10%	3.92%

Correlation

The correlation between XDWT.L and SMGB.L is 0.81, 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	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Dec 4, 2020	0.83

The correlation between XDWT.L and SMGB.L has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

XDWT.L vs. SMGB.L - Sectors Allocation Comparison

Sectors	XDWT.L	SMGB.L
Technology	99.1%	100.0%
Communication Services	0.6%	-
Industrials	0.3%	-
Energy	0.1%	-
Healthcare	0.1%	-
Financial Services	0.1%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

XDWT.L vs. SMGB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDWT.L

XDWT.L Risk / Return Rank: 68
XDWT.L Sharpe Ratio Rank: 78
XDWT.L Sortino Ratio Rank: 76
XDWT.L Omega Ratio Rank: 69
XDWT.L Calmar Ratio Rank: 62
XDWT.L Martin Ratio Rank: 54

SMGB.L

SMGB.L Risk / Return Rank: 97
SMGB.L Sharpe Ratio Rank: 98
SMGB.L Sortino Ratio Rank: 96
SMGB.L Omega Ratio Rank: 95
SMGB.L Calmar Ratio Rank: 98
SMGB.L Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDWT.L vs. SMGB.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 VanEck Semiconductor UCITS ETF (SMGB.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	SMGB.L	Difference
Sharpe ratio: Return per unit of total volatility	2.51	5.32	-2.81
Sortino ratio: Return per unit of downside risk	3.34	5.55	-2.21
Omega ratio: Gain probability vs. loss probability	1.41	1.70	-0.29
Calmar ratio: Return relative to maximum drawdown	3.03	12.00	-8.96
Martin ratio: Return relative to average drawdown	9.02	44.83	-35.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDWT.L vs. SMGB.L - Sharpe Ratio Comparison

The current XDWT.L Sharpe Ratio is 2.51, which is lower than the SMGB.L Sharpe Ratio of 5.32. The chart below compares the historical Sharpe Ratios of XDWT.L and SMGB.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XDWT.L	SMGB.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	5.32	-2.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	1.15	-0.24
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	1.18	-0.07

Drawdowns

XDWT.L vs. SMGB.L - Drawdown Comparison

The maximum XDWT.L drawdown since its inception was -35.99%, smaller than the maximum SMGB.L drawdown of -45.71%. Use the drawdown chart below to compare losses from any high point for XDWT.L and SMGB.L.

Drawdown Indicators

	XDWT.L	SMGB.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.99%	-45.71%	+9.72%
Max Drawdown (1Y) Largest decline over 1 year	-16.86%	-14.18%	-2.68%
Max Drawdown (3Y) Largest decline over 3 years	-26.10%	-36.86%	+10.76%
Max Drawdown (5Y) Largest decline over 5 years	-35.99%	-45.71%	+9.72%
Max Drawdown (10Y) Largest decline over 10 years	-35.99%	—	—
Current Drawdown Current decline from peak	-2.66%	-2.44%	-0.22%
Average Drawdown Average peak-to-trough decline	-6.41%	-11.23%	+4.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.68%	3.80%	+1.88%

Volatility

XDWT.L vs. SMGB.L - Volatility Comparison

The current volatility for Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) is 7.39%, while VanEck Semiconductor UCITS ETF (SMGB.L) has a volatility of 12.88%. This indicates that XDWT.L experiences smaller price fluctuations and is considered to be less risky than SMGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDWT.L	SMGB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.39%	12.88%	-5.49%
Volatility (6M) Calculated over the trailing 6-month period	15.71%	25.13%	-9.42%
Volatility (1Y) Calculated over the trailing 1-year period	20.39%	32.00%	-11.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.62%	32.13%	-8.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.09%	31.85%	-9.76%

XDWT.L vs. SMGB.L - Expense Ratio Comparison

XDWT.L has a 0.25% expense ratio, which is lower than SMGB.L's 0.35% expense ratio.

Dividends

XDWT.L vs. SMGB.L - Dividend Comparison

Neither XDWT.L nor SMGB.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
SMGB.L VanEck Semiconductor UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.44%
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDWT.L and SMGB.L in my portfolio?

XDWT.L and SMGB.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDWT.L or SMGB.L?

On fees, XDWT.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDWT.L or SMGB.L?

XDWT.L is cheaper with a 0.25% expense ratio, compared with 0.35% for SMGB.L.

What is the main difference between XDWT.L and SMGB.L?

XDWT.L is categorized as Technology Equities, while SMGB.L is Semiconductors. Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: Xtrackers and VanEck. Their fees differ too: 0.25% for XDWT.L and 0.35% for SMGB.L.