XJSE.DE vs. XDWD.DE
XJSE.DE (Xtrackers II Japan Government Bond UCITS ETF (Acc)) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - XJSE.DE is a Government Bonds fund tracking the FTSE Japanese Government Bond Index, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 10 years, XJSE.DE returned -7.50%/yr vs 13.00%/yr for XDWD.DE. At a correlation of -0.10, they often move in opposite directions. XJSE.DE charges 0.15%/yr vs 0.19%/yr for XDWD.DE.
Performance
XJSE.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XJSE.DE achieves a -5.80% return, which is significantly lower than XDWD.DE's 12.57% return. Over the past 10 years, XJSE.DE has underperformed XDWD.DE with an annualized return of -7.50%, while XDWD.DE has yielded a comparatively higher 13.00% annualized return.
XJSE.DE
- 1D
- -0.34%
- 1M
- -0.34%
- 6M
- -5.19%
- YTD
- -5.80%
- 1Y
- -15.95%
- 3Y*
- -11.78%
- 5Y*
- -11.28%
- 10Y*
- -7.50%
XDWD.DE
- 1D
- 0.32%
- 1M
- 1.49%
- 6M
- 12.36%
- YTD
- 12.57%
- 1Y
- 24.32%
- 3Y*
- 17.54%
- 5Y*
- 12.27%
- 10Y*
- 13.00%
XJSE.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XJSE.DE Xtrackers II Japan Government Bond UCITS ETF (Acc) | -5.80% | -17.53% | -8.95% | -9.72% | -14.55% | -3.16% | -4.65% | 5.55% | 7.74% | -8.68% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 12.57% | 7.85% | 25.98% | 20.19% | -13.68% | 32.75% | 5.47% | 31.26% | -4.94% | 7.84% |
Correlation
The correlation between XJSE.DE and XDWD.DE is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.12 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | -0.10 |
The correlation between XJSE.DE and XDWD.DE shifts across timeframes, from -0.12 (10 years) to -0.01 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XJSE.DE vs. XDWD.DE — Risk / Return Rank
XJSE.DE
XDWD.DE
XJSE.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Japan Government Bond UCITS ETF (Acc) (XJSE.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.
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.
| XJSE.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.87 | ||
| Sortino ratioReturn per unit of downside risk | -5.27 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.40 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 3.82 | -4.79 |
| Martin ratioReturn relative to average drawdown | -1.49 | 15.31 | -16.80 |
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Drawdowns
XJSE.DE vs. XDWD.DE - Drawdown Comparison
The maximum XJSE.DE drawdown since its inception was -55.06%, which is greater than XDWD.DE's maximum drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for XJSE.DE and XDWD.DE.
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Drawdown Indicators
| XJSE.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -33.55% | -21.51% |
Max Drawdown (1Y)Largest decline over 1 year | -16.50% | -6.34% | -10.16% |
Max Drawdown (3Y)Largest decline over 3 years | -32.72% | -21.64% | -11.08% |
Max Drawdown (5Y)Largest decline over 5 years | -47.28% | -21.64% | -25.64% |
Max Drawdown (10Y)Largest decline over 10 years | -55.06% | -33.55% | -21.51% |
Current DrawdownCurrent decline from peak | -54.83% | -0.11% | -54.72% |
Average DrawdownAverage peak-to-trough decline | -20.23% | -4.52% | -15.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.02% | 1.58% | +8.44% |
Volatility
XJSE.DE vs. XDWD.DE - Volatility Comparison
The current volatility for Xtrackers II Japan Government Bond UCITS ETF (Acc) (XJSE.DE) is 1.82%, while Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) has a volatility of 3.15%. This indicates that XJSE.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.
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Volatility by Period
| XJSE.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 3.15% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 7.12% | 7.97% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.27% | 11.30% | -2.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.12% | 14.15% | -3.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.92% | 15.09% | -5.17% |
XJSE.DE vs. XDWD.DE - Expense Ratio Comparison
XJSE.DE has a 0.15% 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
XJSE.DE vs. XDWD.DE - Dividend Comparison
Neither XJSE.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
XJSE.DE and XDWD.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XJSE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XJSE.DE is cheaper with a 0.15% expense ratio, compared with 0.19% for XDWD.DE.
XJSE.DE is categorized as Government Bonds, while XDWD.DE is Global Equities. XJSE.DE tracks FTSE Japanese Government Bond Index, while XDWD.DE tracks MSCI World. Their fees differ too: 0.15% for XJSE.DE and 0.19% for XDWD.DE.
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