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.
Performance
XDWT.L vs. ^NDX - Performance Comparison
Returns By Period
In the year-to-date period, XDWT.L achieves a 28.75% return, which is significantly higher than ^NDX's 21.21% return.
XDWT.L
28.75%
0.85%
13.48%
37.34%
21.86%
N/A
^NDX
21.21%
0.34%
9.96%
28.77%
19.65%
17.05%
Key characteristics
| XDWT.L | ^NDX | |
|---|---|---|
| Sharpe Ratio | 1.77 | 1.64 |
| Sortino Ratio | 2.36 | 2.22 |
| Omega Ratio | 1.31 | 1.30 |
| Calmar Ratio | 2.37 | 2.13 |
| Martin Ratio | 8.38 | 7.69 |
| Ulcer Index | 4.39% | 3.76% |
| Daily Std Dev | 20.77% | 17.62% |
| Max Drawdown | -35.99% | -82.90% |
| Current Drawdown | -2.47% | -3.42% |
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Correlation
The correlation between XDWT.L and ^NDX is 0.59, 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.
Risk-Adjusted Performance
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
Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) and NASDAQ 100 (^NDX) have volatilities of 5.89% and 5.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.