XMAW.DE vs. TSWE.AS
XMAW.DE (Xtrackers MSCI AC World ESG Screened UCITS ETF 1C) and TSWE.AS (VanEck Sustainable World Equal Weight UCITS ETF) are both Global Equities funds tracking the MSCI ACWI NR USD, from Xtrackers and VanEck respectively. Both are passively managed. Over the past 10 years, XMAW.DE returned 12.33%/yr vs 11.95%/yr for TSWE.AS. Their correlation of 0.91 suggests significant overlap in exposure. XMAW.DE charges 0.25%/yr vs 0.20%/yr for TSWE.AS.
Performance
XMAW.DE vs. TSWE.AS - 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 lower than TSWE.AS's 13.44% return. Both investments have delivered pretty close results over the past 10 years, with XMAW.DE having a 12.33% annualized return and TSWE.AS not far behind at 11.95%.
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%
TSWE.AS
- 1D
- -0.05%
- 1M
- 4.48%
- YTD
- 13.44%
- 6M
- 15.08%
- 1Y
- 25.52%
- 3Y*
- 17.00%
- 5Y*
- 11.63%
- 10Y*
- 11.95%
XMAW.DE vs. TSWE.AS - 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% |
TSWE.AS VanEck Sustainable World Equal Weight UCITS ETF | 13.44% | 13.10% | 17.22% | 16.38% | -13.18% | 29.50% | 5.58% | 26.46% | -5.21% | 8.51% |
Correlation
The correlation between XMAW.DE and TSWE.AS is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2014 | 0.91 |
The correlation between XMAW.DE and TSWE.AS has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.
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Return for Risk
XMAW.DE vs. TSWE.AS — Risk / Return Rank
XMAW.DE
TSWE.AS
XMAW.DE vs. TSWE.AS - 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 VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS). 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 | TSWE.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.36 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 3.12 | +0.56 |
| Martin ratioReturn relative to average drawdown | 14.79 | 12.24 | +2.54 |
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 | TSWE.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 1.96 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.84 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.79 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.73 | +0.04 |
Drawdowns
XMAW.DE vs. TSWE.AS - Drawdown Comparison
The maximum XMAW.DE drawdown since its inception was -33.49%, roughly equal to the maximum TSWE.AS drawdown of -33.67%. Use the drawdown chart below to compare losses from any high point for XMAW.DE and TSWE.AS.
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Drawdown Indicators
| XMAW.DE | TSWE.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -33.67% | +0.18% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -7.97% | +0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -19.53% | -2.57% |
Max Drawdown (5Y)Largest decline over 5 years | -22.10% | -19.53% | -2.57% |
Max Drawdown (10Y)Largest decline over 10 years | -33.49% | -33.67% | +0.18% |
Current DrawdownCurrent decline from peak | -0.67% | -0.24% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -4.82% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.05% | -0.23% |
Volatility
XMAW.DE vs. TSWE.AS - Volatility Comparison
Xtrackers MSCI AC World ESG Screened UCITS ETF 1C (XMAW.DE) and VanEck Sustainable World Equal Weight UCITS ETF (TSWE.AS) have volatilities of 3.16% and 3.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMAW.DE | TSWE.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 3.17% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 9.93% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.11% | 12.75% | -0.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 13.65% | +0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.23% | 14.93% | +0.30% |
XMAW.DE vs. TSWE.AS - Expense Ratio Comparison
XMAW.DE has a 0.25% expense ratio, which is higher than TSWE.AS's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XMAW.DE vs. TSWE.AS - Dividend Comparison
XMAW.DE has not paid dividends to shareholders, while TSWE.AS's dividend yield for the trailing twelve months is around 1.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSWE.AS VanEck Sustainable World Equal Weight UCITS ETF | 1.83% | 1.94% | 2.18% | 2.23% | 2.38% | 1.64% | 1.88% | 2.34% | 2.45% | 2.09% | 1.85% | 1.87% |
XMAW.DE Xtrackers MSCI AC World ESG Screened UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XMAW.DE and TSWE.AS have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TSWE.AS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TSWE.AS is cheaper with a 0.20% expense ratio, compared with 0.25% for XMAW.DE.
Both ETFs track MSCI ACWI NR USD. They also come from different issuers: Xtrackers and VanEck. Their fees differ too: 0.25% for XMAW.DE and 0.20% for TSWE.AS.
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