XMAW.DE vs. XDEQ.DE
XMAW.DE (Xtrackers MSCI AC World ESG Screened UCITS ETF 1C) and XDEQ.DE (Xtrackers MSCI World Quality Factor UCITS ETF 1C) are both Global Equities funds from Xtrackers tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, XMAW.DE returned 12.33%/yr vs 12.38%/yr for XDEQ.DE. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
XMAW.DE vs. XDEQ.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 XDEQ.DE's 9.48% return. Both investments have delivered pretty close results over the past 10 years, with XMAW.DE having a 12.33% annualized return and XDEQ.DE not far ahead at 12.38%.
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%
XDEQ.DE
- 1D
- 0.79%
- 1M
- 3.10%
- YTD
- 9.48%
- 6M
- 9.63%
- 1Y
- 19.01%
- 3Y*
- 15.18%
- 5Y*
- 11.42%
- 10Y*
- 12.38%
XMAW.DE vs. XDEQ.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% |
XDEQ.DE Xtrackers MSCI World Quality Factor UCITS ETF 1C | 9.48% | 2.87% | 23.81% | 21.83% | -14.94% | 34.64% | 4.47% | 34.18% | -3.32% | 7.04% |
Correlation
The correlation between XMAW.DE and XDEQ.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.86 |
The correlation between XMAW.DE and XDEQ.DE has been stable across timeframes, ranging from 0.86 to 0.95 - a consistent structural relationship.
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Return for Risk
XMAW.DE vs. XDEQ.DE — Risk / Return Rank
XMAW.DE
XDEQ.DE
XMAW.DE vs. XDEQ.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 Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.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 | XDEQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.34 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 3.04 | +0.64 |
| Martin ratioReturn relative to average drawdown | 14.79 | 12.17 | +2.61 |
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 | XDEQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 1.78 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.80 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.85 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.80 | -0.03 |
Drawdowns
XMAW.DE vs. XDEQ.DE - Drawdown Comparison
The maximum XMAW.DE drawdown since its inception was -33.49%, roughly equal to the maximum XDEQ.DE drawdown of -32.16%. Use the drawdown chart below to compare losses from any high point for XMAW.DE and XDEQ.DE.
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Drawdown Indicators
| XMAW.DE | XDEQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -32.16% | -1.33% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -6.22% | -1.08% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -20.59% | -1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -22.10% | -20.59% | -1.51% |
Max Drawdown (10Y)Largest decline over 10 years | -33.49% | -32.16% | -1.33% |
Current DrawdownCurrent decline from peak | -0.67% | 0.00% | -0.67% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -4.75% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 1.56% | +0.26% |
Volatility
XMAW.DE vs. XDEQ.DE - Volatility Comparison
Xtrackers MSCI AC World ESG Screened UCITS ETF 1C (XMAW.DE) has a higher volatility of 3.16% compared to Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.DE) at 2.36%. This indicates that XMAW.DE's price experiences larger fluctuations and is considered to be riskier than XDEQ.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 | XDEQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 2.36% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 7.32% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.11% | 10.64% | +1.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 14.12% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.23% | 15.35% | -0.12% |
XMAW.DE vs. XDEQ.DE - Expense Ratio Comparison
Both XMAW.DE and XDEQ.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XMAW.DE vs. XDEQ.DE - Dividend Comparison
Neither XMAW.DE nor XDEQ.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, XMAW.DE and XDEQ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XMAW.DE and XDEQ.DE have the same expense ratio: 0.25% per year.
Both ETFs track MSCI ACWI NR USD.
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