XMAW.DE vs. IQQ0.DE
XMAW.DE (Xtrackers MSCI AC World ESG Screened UCITS ETF 1C) and IQQ0.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)) are both Global Equities funds - XMAW.DE tracks the MSCI ACWI NR USD while IQQ0.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 10 years, XMAW.DE returned 12.33%/yr vs 6.81%/yr for IQQ0.DE. A 0.74 correlation means they provide meaningful diversification when combined. XMAW.DE charges 0.25%/yr vs 0.30%/yr for IQQ0.DE.
Performance
XMAW.DE vs. IQQ0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XMAW.DE achieves a 12.49% return, which is significantly higher than IQQ0.DE's 1.59% return. Over the past 10 years, XMAW.DE has outperformed IQQ0.DE with an annualized return of 12.33%, while IQQ0.DE has yielded a comparatively lower 6.81% annualized return.
XMAW.DE
- 1D
- -0.19%
- 1M
- 3.99%
- YTD
- 12.49%
- 6M
- 12.66%
- 1Y
- 26.81%
- 3Y*
- 18.18%
- 5Y*
- 12.21%
- 10Y*
- 12.33%
IQQ0.DE
- 1D
- -0.02%
- 1M
- 1.81%
- YTD
- 1.59%
- 6M
- 1.63%
- 1Y
- 0.25%
- 3Y*
- 6.35%
- 5Y*
- 6.14%
- 10Y*
- 6.81%
XMAW.DE vs. IQQ0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMAW.DE Xtrackers MSCI AC World ESG Screened UCITS ETF 1C | 12.49% | 8.98% | 25.39% | 19.46% | -15.01% | 28.71% | 5.50% | 30.15% | -6.20% | 9.14% |
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) | 1.59% | -1.26% | 17.64% | 3.73% | -4.34% | 24.26% | -6.77% | 26.17% | 2.03% | 3.11% |
Correlation
The correlation between XMAW.DE and IQQ0.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2014 | 0.75 |
Over the past year, the correlation between XMAW.DE and IQQ0.DE has dropped to 0.29 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
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Return for Risk
XMAW.DE vs. IQQ0.DE — Risk / Return Rank
XMAW.DE
IQQ0.DE
XMAW.DE vs. IQQ0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI AC World ESG Screened UCITS ETF 1C (XMAW.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.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.
| XMAW.DE | IQQ0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.25 | ||
| Sortino ratioReturn per unit of downside risk | +3.10 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.00 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | -0.05 | +3.73 |
| Martin ratioReturn relative to average drawdown | 14.79 | -0.12 | +14.90 |
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
| XMAW.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | -0.04 | +2.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.60 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.58 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.76 | +0.01 |
Drawdowns
XMAW.DE vs. IQQ0.DE - Drawdown Comparison
The maximum XMAW.DE drawdown since its inception was -33.49%, which is greater than IQQ0.DE's maximum drawdown of -28.65%. Use the drawdown chart below to compare losses from any high point for XMAW.DE and IQQ0.DE.
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Drawdown Indicators
| XMAW.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -28.65% | -4.84% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -5.22% | -2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -12.82% | -9.28% |
Max Drawdown (5Y)Largest decline over 5 years | -22.10% | -12.82% | -9.28% |
Max Drawdown (10Y)Largest decline over 10 years | -33.49% | -28.65% | -4.84% |
Current DrawdownCurrent decline from peak | -0.67% | -6.65% | +5.98% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -4.54% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.44% | -0.62% |
Volatility
XMAW.DE vs. IQQ0.DE - Volatility Comparison
Xtrackers MSCI AC World ESG Screened UCITS ETF 1C (XMAW.DE) has a higher volatility of 3.16% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) at 2.53%. This indicates that XMAW.DE's price experiences larger fluctuations and is considered to be riskier than IQQ0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMAW.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 2.53% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 5.36% | +3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.11% | 7.78% | +4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 10.08% | +4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.23% | 11.62% | +3.61% |
XMAW.DE vs. IQQ0.DE - Expense Ratio Comparison
XMAW.DE has a 0.25% expense ratio, which is lower than IQQ0.DE's 0.30% expense ratio.
Dividends
XMAW.DE vs. IQQ0.DE - Dividend Comparison
Neither XMAW.DE nor IQQ0.DE has paid dividends to shareholders.
Frequently Asked Questions
XMAW.DE and IQQ0.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XMAW.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XMAW.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for IQQ0.DE.
XMAW.DE tracks MSCI ACWI NR USD, while IQQ0.DE tracks MSCI World Minimum Volatility. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XMAW.DE and 0.30% for IQQ0.DE.
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