XEC1.DE vs. XWEV.L

Last updated Jul 21, 2026

XEC1.DE (Xtrackers II EUR Corporate Bond UCITS ETF) and XWEV.L (Xtrackers MSCI World Value ESG UCITS ETF 1C) are both exchange-traded funds - XEC1.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Corporate Bond, while XWEV.L is a Global Equities fund tracking the MSCI World Value Low Carbon SRI Screened Select. Both are passively managed. Over the past 3 years, XEC1.DE returned 4.27%/yr vs 20.45%/yr for XWEV.L. At a 0.33 correlation, their price movements are largely independent. XEC1.DE charges 0.12%/yr vs 0.25%/yr for XWEV.L.

Performance

XEC1.DE vs. XWEV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers II EUR Corporate Bond UCITS ETF (XEC1.DE) and Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XEC1.DE is traded in EUR, while XWEV.L is traded in USD. To make them comparable, the XWEV.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XEC1.DE achieves a 0.42% return, which is significantly lower than XWEV.L's 18.30% return.

XEC1.DE

• 1D: 0.00%
• 1M: -0.36%
• 6M: -0.00%
• YTD: 0.42%
• 1Y: 1.28%
• 3Y*: 4.27%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.63%

XWEV.L

• 1D: 0.00%
• 1M: -1.77%
• 6M: 15.88%
• YTD: 18.30%
• 1Y: 40.29%
• 3Y*: 20.45%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.15%

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

XEC1.DE vs. XWEV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XEC1.DE Xtrackers II EUR Corporate Bond UCITS ETF	0.42%	3.01%	4.27%	5.86%
XWEV.L Xtrackers MSCI World Value ESG UCITS ETF 1C	18.30%	22.14%	14.04%	6.07%

Correlation

The correlation between XEC1.DE and XWEV.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023	0.33

The correlation between XEC1.DE and XWEV.L shifts across timeframes, from 0.32 (3 years) to 0.43 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

XEC1.DE vs. XWEV.L — Risk / Return Rank

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

XEC1.DE

XEC1.DE Risk / Return Rank: 18
XEC1.DE Sharpe Ratio Rank: 18
XEC1.DE Sortino Ratio Rank: 16
XEC1.DE Omega Ratio Rank: 17
XEC1.DE Calmar Ratio Rank: 18
XEC1.DE Martin Ratio Rank: 21

XWEV.L

XWEV.L Risk / Return Rank: 90
XWEV.L Sharpe Ratio Rank: 92
XWEV.L Sortino Ratio Rank: 92
XWEV.L Omega Ratio Rank: 90
XWEV.L Calmar Ratio Rank: 87
XWEV.L Martin Ratio Rank: 88

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.

XEC1.DE vs. XWEV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Corporate Bond UCITS ETF (XEC1.DE) and Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XEC1.DE	XWEV.L	Difference
Sharpe ratio: Return per unit of total volatility	0.40	2.70	-2.30
Sortino ratio: Return per unit of downside risk	0.62	3.81	-3.19
Omega ratio: Gain probability vs. loss probability	1.08	1.49	-0.41
Calmar ratio: Return relative to maximum drawdown	0.48	5.09	-4.61
Martin ratio: Return relative to average drawdown	1.60	19.00	-17.40

XEC1.DE vs. XWEV.L - Sharpe Ratio Comparison

The current XEC1.DE Sharpe Ratio is 0.40, which is lower than the XWEV.L Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of XEC1.DE and XWEV.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.

Drawdowns

XEC1.DE vs. XWEV.L - Drawdown Comparison

The maximum XEC1.DE drawdown since its inception was -16.37%, smaller than the maximum XWEV.L drawdown of -18.05%. Use the drawdown chart below to compare losses from any high point for XEC1.DE and XWEV.L.

Drawdown Indicators

	XEC1.DE	XWEV.L	Difference
Max Drawdown Largest peak-to-trough decline	-16.37%	-18.05%	+1.68%
Max Drawdown (1Y) Largest decline over 1 year	-2.66%	-7.88%	+5.22%
Max Drawdown (3Y) Largest decline over 3 years	-2.66%	-18.05%	+15.39%
Current Drawdown Current decline from peak	-0.94%	-2.69%	+1.75%
Average Drawdown Average peak-to-trough decline	-6.48%	-2.29%	-4.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.80%	2.11%	-1.31%

Volatility

XEC1.DE vs. XWEV.L - Volatility Comparison

The current volatility for Xtrackers II EUR Corporate Bond UCITS ETF (XEC1.DE) is 0.77%, while Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) has a volatility of 4.17%. This indicates that XEC1.DE experiences smaller price fluctuations and is considered to be less risky than XWEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XEC1.DE	XWEV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.77%	4.17%	-3.40%
Volatility (6M) Calculated over the trailing 6-month period	2.80%	12.12%	-9.32%
Volatility (1Y) Calculated over the trailing 1-year period	3.17%	14.88%	-11.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.63%	14.63%	-5.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.63%	14.63%	-5.00%

XEC1.DE vs. XWEV.L - Expense Ratio Comparison

XEC1.DE has a 0.12% expense ratio, which is lower than XWEV.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XEC1.DE vs. XWEV.L - Dividend Comparison

XEC1.DE's dividend yield for the trailing twelve months is around 2.71%, while XWEV.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
XEC1.DE Xtrackers II EUR Corporate Bond UCITS ETF	2.71%	2.50%	2.68%	1.77%	1.08%
XWEV.L Xtrackers MSCI World Value ESG UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XEC1.DE and XWEV.L in my portfolio?

XEC1.DE and XWEV.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XEC1.DE or XWEV.L?

On fees, XEC1.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XEC1.DE or XWEV.L?

XEC1.DE is cheaper with a 0.12% expense ratio, compared with 0.25% for XWEV.L.

What is the main difference between XEC1.DE and XWEV.L?

XEC1.DE is categorized as European Corporate Bonds, while XWEV.L is Global Equities. XEC1.DE tracks Bloomberg Euro Corporate Bond, while XWEV.L tracks MSCI World Value Low Carbon SRI Screened Select. Their fees differ too: 0.12% for XEC1.DE and 0.25% for XWEV.L.