XGLE.DE vs. XDWD.DE
XGLE.DE (Xtrackers II Eurozone Government Bond UCITS ETF) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - XGLE.DE is a European Government Bonds fund tracking the iBoxx® EUR Sovereigns Eurozone, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, XGLE.DE returned -0.35%/yr vs 12.83%/yr for XDWD.DE. At a 0.03 correlation, their price movements are largely independent. XGLE.DE charges 0.09%/yr vs 0.19%/yr for XDWD.DE.
Performance
XGLE.DE vs. XDWD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XGLE.DE achieves a 0.07% return, which is significantly lower than XDWD.DE's 10.91% return. Over the past 10 years, XGLE.DE has underperformed XDWD.DE with an annualized return of -0.35%, while XDWD.DE has yielded a comparatively higher 12.83% annualized return.
XGLE.DE
- 1D
- 0.04%
- 1M
- 0.56%
- YTD
- 0.07%
- 6M
- 0.02%
- 1Y
- -0.07%
- 3Y*
- 2.36%
- 5Y*
- -2.30%
- 10Y*
- -0.35%
XDWD.DE
- 1D
- -0.01%
- 1M
- 4.72%
- YTD
- 10.91%
- 6M
- 11.37%
- 1Y
- 23.85%
- 3Y*
- 17.56%
- 5Y*
- 12.89%
- 10Y*
- 12.83%
XGLE.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XGLE.DE Xtrackers II Eurozone Government Bond UCITS ETF | 0.07% | 0.67% | 1.55% | 6.76% | -18.18% | -3.62% | 4.64% | 6.63% | 0.92% | -0.10% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 10.91% | 7.85% | 25.98% | 20.18% | -13.67% | 32.74% | 5.48% | 31.27% | -4.94% | 7.84% |
Correlation
The correlation between XGLE.DE and XDWD.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2014 | 0.03 |
Over the past year, XGLE.DE and XDWD.DE have become more correlated (0.30) than their long-term average of 0.03, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XGLE.DE vs. XDWD.DE — Risk / Return Rank
XGLE.DE
XDWD.DE
XGLE.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Bond UCITS ETF (XGLE.DE) and Xtrackers MSCI World UCITS ETF 1C (XDWD.DE). 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.
| XGLE.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.40 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 3.63 | -3.65 |
| Martin ratioReturn relative to average drawdown | -0.05 | 14.44 | -14.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XGLE.DE | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 2.14 | -2.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.90 | -1.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 0.84 | -0.90 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.78 | -0.31 |
Drawdowns
XGLE.DE vs. XDWD.DE - Drawdown Comparison
The maximum XGLE.DE drawdown since its inception was -22.59%, smaller than the maximum XDWD.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for XGLE.DE and XDWD.DE.
Loading charts...
Drawdown Indicators
| XGLE.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.59% | -33.55% | +10.96% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -6.54% | +3.07% |
Max Drawdown (3Y)Largest decline over 3 years | -4.02% | -21.64% | +17.62% |
Max Drawdown (5Y)Largest decline over 5 years | -21.71% | -21.64% | -0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -22.59% | -33.55% | +10.96% |
Current DrawdownCurrent decline from peak | -14.18% | -0.33% | -13.85% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -4.55% | -0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 1.65% | -0.27% |
Volatility
XGLE.DE vs. XDWD.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Bond UCITS ETF (XGLE.DE) is 1.78%, while Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) has a volatility of 2.60%. This indicates that XGLE.DE experiences smaller price fluctuations and is considered to be less risky than XDWD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XGLE.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 2.60% | -0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 3.66% | 7.77% | -4.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 11.12% | -6.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 14.13% | -7.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.61% | 15.16% | -9.55% |
XGLE.DE vs. XDWD.DE - Expense Ratio Comparison
XGLE.DE has a 0.09% expense ratio, which is lower than XDWD.DE's 0.19% 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
XGLE.DE vs. XDWD.DE - Dividend Comparison
Neither XGLE.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
XGLE.DE and XDWD.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XGLE.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGLE.DE is cheaper with a 0.09% expense ratio, compared with 0.19% for XDWD.DE.
XGLE.DE is categorized as European Government Bonds, while XDWD.DE is Global Equities. XGLE.DE tracks iBoxx® EUR Sovereigns Eurozone, while XDWD.DE tracks MSCI World. Their fees differ too: 0.09% for XGLE.DE and 0.19% for XDWD.DE.
Find the right allocation for XGLE.DE and XDWD.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer