XNAQ.L vs. WGLD.DE
XNAQ.L (Xtrackers Nasdaq 100 UCITS ETF 1C) and WGLD.DE (WisdomTree Core Physical Gold) are both exchange-traded funds - XNAQ.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD, while WGLD.DE is a Precious Metals fund tracking the Gold. Both are passively managed. Over the past 5 years, XNAQ.L returned 18.96%/yr vs 19.87%/yr for WGLD.DE. At a 0.00 correlation, their price movements are largely independent. XNAQ.L charges 0.20%/yr vs 0.12%/yr for WGLD.DE.
Performance
XNAQ.L vs. WGLD.DE - Performance Comparison
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Different Trading Currencies
XNAQ.L is traded in GBP, while WGLD.DE is traded in EUR. To make them comparable, the WGLD.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, XNAQ.L achieves a 19.89% return, which is significantly higher than WGLD.DE's 1.90% return.
XNAQ.L
- 1D
- -0.63%
- 1M
- 8.16%
- YTD
- 19.89%
- 6M
- 17.66%
- 1Y
- 41.02%
- 3Y*
- 24.81%
- 5Y*
- 18.96%
- 10Y*
- —
WGLD.DE
- 1D
- 0.67%
- 1M
- -3.55%
- YTD
- 1.90%
- 6M
- 5.15%
- 1Y
- 34.52%
- 3Y*
- 28.20%
- 5Y*
- 19.87%
- 10Y*
- —
XNAQ.L vs. WGLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C | 19.89% | 11.71% | 28.62% | 47.83% | -25.44% | 30.90% |
WGLD.DE WisdomTree Core Physical Gold | 1.90% | 56.84% | 28.32% | 7.21% | 12.93% | 7.20% |
Correlation
The correlation between XNAQ.L and WGLD.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2021 | 0.00 |
The correlation between XNAQ.L and WGLD.DE shifts across timeframes, from -0.01 (5 years) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XNAQ.L vs. WGLD.DE — Risk / Return Rank
XNAQ.L
WGLD.DE
XNAQ.L vs. WGLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) and WisdomTree Core Physical Gold (WGLD.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.
| XNAQ.L | WGLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.28 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 1.93 | +1.85 |
| Martin ratioReturn relative to average drawdown | 11.13 | 5.10 | +6.03 |
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
| XNAQ.L | WGLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.83 | 1.45 | +1.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 1.21 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 1.27 | -0.34 |
Drawdowns
XNAQ.L vs. WGLD.DE - Drawdown Comparison
The maximum XNAQ.L drawdown since its inception was -27.52%, which is greater than WGLD.DE's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for XNAQ.L and WGLD.DE.
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Drawdown Indicators
| XNAQ.L | WGLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.52% | -17.31% | -10.21% |
Max Drawdown (1Y)Largest decline over 1 year | -10.99% | -17.31% | +6.32% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -17.31% | -7.25% |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | -17.31% | -10.21% |
Current DrawdownCurrent decline from peak | -0.63% | -15.68% | +15.05% |
Average DrawdownAverage peak-to-trough decline | -7.01% | -3.69% | -3.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 6.58% | -2.83% |
Volatility
XNAQ.L vs. WGLD.DE - Volatility Comparison
The current volatility for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) is 4.18%, while WisdomTree Core Physical Gold (WGLD.DE) has a volatility of 5.05%. This indicates that XNAQ.L experiences smaller price fluctuations and is considered to be less risky than WGLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNAQ.L | WGLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 5.05% | -0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 10.38% | 20.07% | -9.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.73% | 23.17% | -8.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.04% | 16.25% | +2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 16.11% | +3.02% |
XNAQ.L vs. WGLD.DE - Expense Ratio Comparison
XNAQ.L has a 0.20% expense ratio, which is higher than WGLD.DE's 0.12% 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
XNAQ.L vs. WGLD.DE - Dividend Comparison
Neither XNAQ.L nor WGLD.DE has paid dividends to shareholders.
Frequently Asked Questions
XNAQ.L and WGLD.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WGLD.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WGLD.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for XNAQ.L.
XNAQ.L is categorized as Nasdaq-100, while WGLD.DE is Precious Metals. XNAQ.L tracks Russell 1000 Growth TR USD, while WGLD.DE tracks Gold. They also come from different issuers: Xtrackers and WisdomTree. Their fees differ too: 0.20% for XNAQ.L and 0.12% for WGLD.DE.
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