XMWD.L vs. XAIX

Last updated Jun 5, 2026

XMWD.L (Xtrackers MSCI World Swap UCITS ETF 1C) and XAIX (Xtrackers Artificial Intelligence and Big Data ETF) are both exchange-traded funds - XMWD.L is a Global Equities fund tracking the MSCI ACWI NR USD, while XAIX is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index. Both are passively managed. Over the past year, XMWD.L returned 25.86% vs 65.74% for XAIX. A 0.58 correlation means they provide meaningful diversification when combined. XMWD.L charges 0.45%/yr vs 0.35%/yr for XAIX.

Performance

XMWD.L vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World Swap UCITS ETF 1C (XMWD.L) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XMWD.L achieves a 9.93% return, which is significantly lower than XAIX's 37.50% return.

XMWD.L

• 1D: 0.03%
• 1M: 4.02%
• YTD: 9.93%
• 6M: 10.99%
• 1Y: 25.86%
• 3Y*: 20.70%
• 5Y*: 11.74%
• 10Y*: 13.01%

XAIX

• 1D: -1.70%
• 1M: 17.77%
• YTD: 37.50%
• 6M: 38.65%
• 1Y: 65.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XMWD.L vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XMWD.L Xtrackers MSCI World Swap UCITS ETF 1C	9.93%	21.37%	9.07%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	37.50%	29.05%	15.47%

Correlation

The correlation between XMWD.L and XAIX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (All Time) Calculated using the full available price history since Aug 5, 2024	0.58

The correlation between XMWD.L and XAIX has been stable across timeframes, ranging from 0.58 to 0.59 - a consistent structural relationship.

XMWD.L vs. XAIX - Sectors Allocation Comparison

Sectors	XMWD.L	XAIX
Technology	28.3%	71.7%
Financial Services	15.7%	5.2%
Industrials	11.4%	0.1%
Consumer Cyclical	9.3%	8.9%
Communication Services	9.3%	14.1%
Healthcare	8.8%	0.0%
Consumer Defensive	5.2%	0.0%
Energy	4.2%	0.0%
Basic Materials	3.3%	0.0%
Utilities	2.7%	0.0%
Real Estate	1.9%	-

Return for Risk

XMWD.L vs. XAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XMWD.L

XMWD.L Risk / Return Rank: 68
XMWD.L Sharpe Ratio Rank: 67
XMWD.L Sortino Ratio Rank: 73
XMWD.L Omega Ratio Rank: 67
XMWD.L Calmar Ratio Rank: 62
XMWD.L Martin Ratio Rank: 71

XAIX

XAIX Risk / Return Rank: 87
XAIX Sharpe Ratio Rank: 91
XAIX Sortino Ratio Rank: 88
XAIX Omega Ratio Rank: 86
XAIX Calmar Ratio Rank: 86
XAIX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XMWD.L vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Swap UCITS ETF 1C (XMWD.L) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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.

	XMWD.L	XAIX	Difference
Sharpe ratio: Return per unit of total volatility	2.17	3.16	-0.99
Sortino ratio: Return per unit of downside risk	3.24	4.00	-0.76
Omega ratio: Gain probability vs. loss probability	1.40	1.52	-0.13
Calmar ratio: Return relative to maximum drawdown	3.03	4.72	-1.69
Martin ratio: Return relative to average drawdown	13.02	17.41	-4.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XMWD.L vs. XAIX - Sharpe Ratio Comparison

The current XMWD.L Sharpe Ratio is 2.17, which is lower than the XAIX Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of XMWD.L and XAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XMWD.L	XAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	3.16	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	2.06	-1.63

Drawdowns

XMWD.L vs. XAIX - Drawdown Comparison

The maximum XMWD.L drawdown since its inception was -56.59%, which is greater than XAIX's maximum drawdown of -23.95%. Use the drawdown chart below to compare losses from any high point for XMWD.L and XAIX.

Drawdown Indicators

	XMWD.L	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-56.59%	-23.95%	-32.64%
Max Drawdown (1Y) Largest decline over 1 year	-8.50%	-14.01%	+5.51%
Max Drawdown (3Y) Largest decline over 3 years	-17.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.94%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.04%	—	—
Current Drawdown Current decline from peak	-0.44%	-3.19%	+2.75%
Average Drawdown Average peak-to-trough decline	-7.96%	-3.49%	-4.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	3.79%	-1.81%

Volatility

XMWD.L vs. XAIX - Volatility Comparison

The current volatility for Xtrackers MSCI World Swap UCITS ETF 1C (XMWD.L) is 3.41%, while Xtrackers Artificial Intelligence and Big Data ETF (XAIX) has a volatility of 9.43%. This indicates that XMWD.L experiences smaller price fluctuations and is considered to be less risky than XAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XMWD.L	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	9.43%	-6.02%
Volatility (6M) Calculated over the trailing 6-month period	9.13%	17.51%	-8.38%
Volatility (1Y) Calculated over the trailing 1-year period	11.86%	20.93%	-9.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.17%	23.39%	-7.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	23.39%	-6.69%

XMWD.L vs. XAIX - Expense Ratio Comparison

XMWD.L has a 0.45% expense ratio, which is higher than XAIX's 0.35% expense ratio.

Dividends

XMWD.L vs. XAIX - Dividend Comparison

XMWD.L has not paid dividends to shareholders, while XAIX's dividend yield for the trailing twelve months is around 0.39%.

Position	TTM	2025	2024
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.39%	0.54%	0.08%
XMWD.L Xtrackers MSCI World Swap UCITS ETF 1C	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XMWD.L and XAIX in my portfolio?

XMWD.L and XAIX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XMWD.L or XAIX?

On fees, XAIX is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XMWD.L or XAIX?

XAIX is cheaper with a 0.35% expense ratio, compared with 0.45% for XMWD.L.

What is the main difference between XMWD.L and XAIX?

XMWD.L is categorized as Global Equities, while XAIX is Technology Equities. XMWD.L tracks MSCI ACWI NR USD, while XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index. Their fees differ too: 0.45% for XMWD.L and 0.35% for XAIX.