XMAW.DE vs. XZW0.DE
XMAW.DE (Xtrackers MSCI AC World ESG Screened UCITS ETF 1C) and XZW0.DE (Xtrackers MSCI World ESG UCITS ETF 1C) are both Global Equities funds from Xtrackers - XMAW.DE tracks the MSCI ACWI NR USD while XZW0.DE tracks the MSCI World Low Carbon SRI Leaders. Both are passively managed. Over the past 5 years, XMAW.DE returned 12.21%/yr vs 12.44%/yr for XZW0.DE. With a 0.97 correlation, they move nearly in lockstep. XMAW.DE charges 0.25%/yr vs 0.20%/yr for XZW0.DE.
Performance
XMAW.DE vs. XZW0.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 XZW0.DE's 7.60% 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%
XZW0.DE
- 1D
- 0.53%
- 1M
- 3.19%
- YTD
- 7.60%
- 6M
- 8.16%
- 1Y
- 20.03%
- 3Y*
- 16.56%
- 5Y*
- 12.44%
- 10Y*
- —
XMAW.DE vs. XZW0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -7.75% |
XZW0.DE Xtrackers MSCI World ESG UCITS ETF 1C | 7.60% | 6.65% | 27.16% | 22.75% | -16.66% | 37.46% | 5.71% | 33.05% | -6.04% |
Correlation
The correlation between XMAW.DE and XZW0.DE is 0.95, 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 | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since May 14, 2018 | 0.97 |
The correlation between XMAW.DE and XZW0.DE has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.
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Return for Risk
XMAW.DE vs. XZW0.DE — Risk / Return Rank
XMAW.DE
XZW0.DE
XMAW.DE vs. XZW0.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 ESG UCITS ETF 1C (XZW0.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 | XZW0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.30 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 1.95 | +1.73 |
| Martin ratioReturn relative to average drawdown | 14.79 | 7.27 | +7.51 |
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 | XZW0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 1.63 | +0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.83 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.80 | -0.03 |
Drawdowns
XMAW.DE vs. XZW0.DE - Drawdown Comparison
The maximum XMAW.DE drawdown since its inception was -33.49%, roughly equal to the maximum XZW0.DE drawdown of -33.22%. Use the drawdown chart below to compare losses from any high point for XMAW.DE and XZW0.DE.
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Drawdown Indicators
| XMAW.DE | XZW0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -33.22% | -0.27% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -10.30% | +3.00% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -22.36% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -22.10% | -22.36% | +0.26% |
Max Drawdown (10Y)Largest decline over 10 years | -33.49% | — | — |
Current DrawdownCurrent decline from peak | -0.67% | -0.58% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -5.11% | +0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.76% | -0.94% |
Volatility
XMAW.DE vs. XZW0.DE - Volatility Comparison
Xtrackers MSCI AC World ESG Screened UCITS ETF 1C (XMAW.DE) and Xtrackers MSCI World ESG UCITS ETF 1C (XZW0.DE) have volatilities of 3.16% and 3.11%, 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 | XZW0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 3.11% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 8.87% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.11% | 12.32% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 14.88% | -0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.23% | 16.38% | -1.15% |
XMAW.DE vs. XZW0.DE - Expense Ratio Comparison
XMAW.DE has a 0.25% expense ratio, which is higher than XZW0.DE'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. XZW0.DE - Dividend Comparison
Neither XMAW.DE nor XZW0.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, XMAW.DE and XZW0.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, XZW0.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZW0.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XMAW.DE.
XMAW.DE tracks MSCI ACWI NR USD, while XZW0.DE tracks MSCI World Low Carbon SRI Leaders. Their fees differ too: 0.25% for XMAW.DE and 0.20% for XZW0.DE.
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