XEON.DE vs. ACWI.L
Compare and contrast key facts about Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) and SPDR MSCI ACWI UCITS ETF (ACWI.L).
XEON.DE and ACWI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEON.DE is a passively managed fund by Xtrackers that tracks the performance of the Solactive €STR +8.5 Daily Index. It was launched on May 27, 2007. ACWI.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI NR USD. It was launched on May 13, 2011. Both XEON.DE and ACWI.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XEON.DE or ACWI.L.
Key characteristics
| XEON.DE | ACWI.L | |
|---|---|---|
| YTD Return | 2.77% | 11.09% |
| 1Y Return | 3.96% | 15.53% |
| 3Y Return (Ann) | 1.91% | 7.51% |
| 5Y Return (Ann) | 0.92% | 9.85% |
| 10Y Return (Ann) | 0.25% | 11.15% |
| Sharpe Ratio | 18.07 | 1.55 |
| Daily Std Dev | 0.21% | 10.34% |
| Max Drawdown | -3.71% | -41.43% |
| Current Drawdown | 0.00% | -1.79% |
Correlation
The correlation between XEON.DE and ACWI.L is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XEON.DE vs. ACWI.L - Performance Comparison
In the year-to-date period, XEON.DE achieves a 2.77% return, which is significantly lower than ACWI.L's 11.09% return. Over the past 10 years, XEON.DE has underperformed ACWI.L with an annualized return of 0.25%, while ACWI.L has yielded a comparatively higher 11.15% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XEON.DE vs. ACWI.L - Expense Ratio Comparison
XEON.DE has a 0.10% expense ratio, which is lower than ACWI.L's 0.40% expense ratio.
Risk-Adjusted Performance
XEON.DE vs. ACWI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) and SPDR MSCI ACWI UCITS ETF (ACWI.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.
Dividends
XEON.DE vs. ACWI.L - Dividend Comparison
Neither XEON.DE nor ACWI.L has paid dividends to shareholders.
Drawdowns
XEON.DE vs. ACWI.L - Drawdown Comparison
The maximum XEON.DE drawdown since its inception was -3.71%, smaller than the maximum ACWI.L drawdown of -41.43%. Use the drawdown chart below to compare losses from any high point for XEON.DE and ACWI.L. For additional features, visit the drawdowns tool.
Volatility
XEON.DE vs. ACWI.L - Volatility Comparison
The current volatility for Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) is 1.75%, while SPDR MSCI ACWI UCITS ETF (ACWI.L) has a volatility of 3.90%. This indicates that XEON.DE experiences smaller price fluctuations and is considered to be less risky than ACWI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.