XMAW.DE vs. XDWD.DE
XMAW.DE (Xtrackers MSCI AC World ESG Screened UCITS ETF 1C) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both Global Equities funds from Xtrackers - XMAW.DE tracks the MSCI ACWI NR USD while XDWD.DE tracks the MSCI World. Both are passively managed. Over the past 10 years, XMAW.DE returned 12.33%/yr vs 12.83%/yr for XDWD.DE. With a 0.98 correlation, they move nearly in lockstep. XMAW.DE charges 0.25%/yr vs 0.19%/yr for XDWD.DE.
Performance
XMAW.DE vs. XDWD.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 XDWD.DE's 10.91% return. Both investments have delivered pretty close results over the past 10 years, with XMAW.DE having a 12.33% annualized return and XDWD.DE not far ahead at 12.83%.
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%
XDWD.DE
- 1D
- -0.01%
- 1M
- 3.63%
- YTD
- 10.91%
- 6M
- 10.96%
- 1Y
- 23.80%
- 3Y*
- 17.56%
- 5Y*
- 12.89%
- 10Y*
- 12.83%
XMAW.DE vs. XDWD.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% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 10.91% | 7.85% | 25.98% | 20.18% | -13.67% | 32.74% | 5.48% | 31.27% | -4.94% | 7.84% |
Correlation
The correlation between XMAW.DE and XDWD.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2014 | 0.98 |
The correlation between XMAW.DE and XDWD.DE has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
XMAW.DE vs. XDWD.DE — Risk / Return Rank
XMAW.DE
XDWD.DE
XMAW.DE vs. XDWD.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 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.
| XMAW.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.40 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 3.63 | +0.05 |
| Martin ratioReturn relative to average drawdown | 14.79 | 14.44 | +0.35 |
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 | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 2.14 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.90 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.84 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.78 | -0.02 |
Drawdowns
XMAW.DE vs. XDWD.DE - Drawdown Comparison
The maximum XMAW.DE drawdown since its inception was -33.49%, roughly equal to the maximum XDWD.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for XMAW.DE and XDWD.DE.
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Drawdown Indicators
| XMAW.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -33.55% | +0.06% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -6.54% | -0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -21.64% | -0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -22.10% | -21.64% | -0.46% |
Max Drawdown (10Y)Largest decline over 10 years | -33.49% | -33.55% | +0.06% |
Current DrawdownCurrent decline from peak | -0.67% | -0.33% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -4.55% | -0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 1.65% | +0.17% |
Volatility
XMAW.DE vs. XDWD.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 UCITS ETF 1C (XDWD.DE) at 2.60%. This indicates that XMAW.DE's price experiences larger fluctuations and is considered to be riskier 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
| XMAW.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 2.60% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 7.77% | +0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.11% | 11.12% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 14.13% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.23% | 15.16% | +0.07% |
XMAW.DE vs. XDWD.DE - Expense Ratio Comparison
XMAW.DE has a 0.25% expense ratio, which is higher than XDWD.DE's 0.19% 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. XDWD.DE - Dividend Comparison
Neither XMAW.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, XMAW.DE and XDWD.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.
On fees, XDWD.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWD.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for XMAW.DE.
XMAW.DE tracks MSCI ACWI NR USD, while XDWD.DE tracks MSCI World. Their fees differ too: 0.25% for XMAW.DE and 0.19% for XDWD.DE.
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