XGLS.L vs. XDWT.L
XGLS.L (Xtrackers Physical Gold GBP Hedged ETC) and XDWT.L (Xtrackers MSCI World Information Technology UCITS ETF 1C) are both exchange-traded funds - XGLS.L is a Precious Metals fund tracking the Gold (GBP Hedged), while XDWT.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 10 years, XGLS.L returned 11.70%/yr vs 25.21%/yr for XDWT.L. At a correlation of -0.05, they often move in opposite directions. XGLS.L charges 0.69%/yr vs 0.25%/yr for XDWT.L.
Performance
XGLS.L vs. XDWT.L - Performance Comparison
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Different Trading Currencies
XGLS.L is traded in GBp, while XDWT.L is traded in USD. To make them comparable, the XDWT.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XGLS.L achieves a 2.92% return, which is significantly lower than XDWT.L's 24.60% return. Over the past 10 years, XGLS.L has underperformed XDWT.L with an annualized return of 11.70%, while XDWT.L has yielded a comparatively higher 25.21% annualized return.
XGLS.L
- 1D
- 0.61%
- 1M
- -2.45%
- YTD
- 2.92%
- 6M
- 5.12%
- 1Y
- 30.57%
- 3Y*
- 29.95%
- 5Y*
- 17.04%
- 10Y*
- 11.70%
XDWT.L
- 1D
- -1.87%
- 1M
- 14.96%
- YTD
- 24.60%
- 6M
- 22.74%
- 1Y
- 52.87%
- 3Y*
- 29.51%
- 5Y*
- 22.68%
- 10Y*
- 25.21%
XGLS.L vs. XDWT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XGLS.L Xtrackers Physical Gold GBP Hedged ETC | 2.92% | 63.07% | 24.85% | 11.63% | -1.63% | -4.91% | 22.11% | 15.69% | -3.62% | 9.65% |
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C | 24.60% | 13.70% | 36.24% | 47.09% | -23.22% | 31.09% | 40.22% | 40.71% | 2.60% | 25.81% |
Correlation
The correlation between XGLS.L and XDWT.L is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2016 | -0.05 |
The correlation between XGLS.L and XDWT.L shifts across timeframes, from -0.05 (all time) to 0.06 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XGLS.L vs. XDWT.L — Risk / Return Rank
XGLS.L
XDWT.L
XGLS.L vs. XDWT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Physical Gold GBP Hedged ETC (XGLS.L) and Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.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.
| XGLS.L | XDWT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.37 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.43 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 3.13 | -1.46 |
| Martin ratioReturn relative to average drawdown | 4.36 | 7.96 | -3.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XGLS.L | XDWT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 2.60 | -1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 1.00 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 1.16 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 1.16 | -0.80 |
Drawdowns
XGLS.L vs. XDWT.L - Drawdown Comparison
The maximum XGLS.L drawdown since its inception was -46.55%, which is greater than XDWT.L's maximum drawdown of -27.95%. Use the drawdown chart below to compare losses from any high point for XGLS.L and XDWT.L.
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Drawdown Indicators
| XGLS.L | XDWT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.55% | -27.95% | -18.60% |
Max Drawdown (1Y)Largest decline over 1 year | -18.19% | -16.79% | -1.40% |
Max Drawdown (3Y)Largest decline over 3 years | -18.19% | -27.95% | +9.76% |
Max Drawdown (5Y)Largest decline over 5 years | -21.88% | -27.95% | +6.07% |
Max Drawdown (10Y)Largest decline over 10 years | -22.99% | -27.95% | +4.96% |
Current DrawdownCurrent decline from peak | -16.29% | -2.32% | -13.97% |
Average DrawdownAverage peak-to-trough decline | -23.37% | -5.64% | -17.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.99% | 6.62% | +0.37% |
Volatility
XGLS.L vs. XDWT.L - Volatility Comparison
The current volatility for Xtrackers Physical Gold GBP Hedged ETC (XGLS.L) is 6.37%, while Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) has a volatility of 7.48%. This indicates that XGLS.L experiences smaller price fluctuations and is considered to be less risky than XDWT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGLS.L | XDWT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.37% | 7.48% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 21.81% | 15.35% | +6.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.78% | 20.26% | +4.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.25% | 22.66% | -5.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 21.96% | -6.44% |
XGLS.L vs. XDWT.L - Expense Ratio Comparison
XGLS.L has a 0.69% expense ratio, which is higher than XDWT.L's 0.25% expense ratio.
Dividends
XGLS.L vs. XDWT.L - Dividend Comparison
Neither XGLS.L nor XDWT.L has paid dividends to shareholders.
Frequently Asked Questions
XGLS.L and XDWT.L have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XDWT.L is cheaper with a 0.25% expense ratio, compared with 0.69% for XGLS.L.
XGLS.L is categorized as Precious Metals, while XDWT.L is Technology Equities. XGLS.L tracks Gold (GBP Hedged), while XDWT.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.69% for XGLS.L and 0.25% for XDWT.L.
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