XNGI.DE vs. AYEW.DE

Last updated Jul 22, 2026

XNGI.DE (Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C) and AYEW.DE (iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)) are both Technology Equities funds - XNGI.DE tracks the MSCI ACWI IMI Next Generation Internet Innovation Select ESG Screened 100 while AYEW.DE tracks the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. Both are passively managed. Their correlation of 0.89 suggests significant overlap in exposure. XNGI.DE charges 0.30%/yr vs 0.18%/yr for AYEW.DE.

Performance

XNGI.DE vs. AYEW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGI.DE) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XNGI.DE achieves a 11.76% return, which is significantly lower than AYEW.DE's 21.12% return.

XNGI.DE

• 1D: 0.00%
• 1M: -4.46%
• 6M: 14.74%
• YTD: 11.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

AYEW.DE

• 1D: 1.50%
• 1M: -2.61%
• 6M: 23.76%
• YTD: 21.12%
• 1Y: 32.79%
• 3Y*: 26.06%
• 5Y*: 17.90%
• 10Y*: —
• ALL TIME*: 22.95%

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

XNGI.DE vs. AYEW.DE - Yearly Performance Comparison

	2026 (YTD)	2025
XNGI.DE Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C	11.76%	4.64%
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)	21.12%	8.49%

Correlation

The correlation between XNGI.DE and AYEW.DE is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 11, 2025	0.89

Return for Risk

XNGI.DE vs. AYEW.DE — Risk / Return Rank

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

XNGI.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AYEW.DE

AYEW.DE Risk / Return Rank: 55
AYEW.DE Sharpe Ratio Rank: 61
AYEW.DE Sortino Ratio Rank: 56
AYEW.DE Omega Ratio Rank: 55
AYEW.DE Calmar Ratio Rank: 58
AYEW.DE Martin Ratio Rank: 45

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.

XNGI.DE vs. AYEW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGI.DE) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XNGI.DE	AYEW.DE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.52	—
Sortino ratio: Return per unit of downside risk	—	2.07	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.18	—
Martin ratio: Return relative to average drawdown	—	5.50	—

Drawdowns

XNGI.DE vs. AYEW.DE - Drawdown Comparison

The maximum XNGI.DE drawdown since its inception was -18.97%, smaller than the maximum AYEW.DE drawdown of -31.30%. Use the drawdown chart below to compare losses from any high point for XNGI.DE and AYEW.DE.

Drawdown Indicators

	XNGI.DE	AYEW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-18.97%	-31.30%	+12.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.98%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.17%	—
Current Drawdown Current decline from peak	-6.64%	-4.84%	-1.80%
Average Drawdown Average peak-to-trough decline	-5.82%	-7.68%	+1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.94%	—

Volatility

Volatility by Period

	XNGI.DE	AYEW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.05%	21.42%	-1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.05%	23.08%	-3.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.05%	23.56%	-3.51%

XNGI.DE vs. AYEW.DE - Expense Ratio Comparison

XNGI.DE has a 0.30% expense ratio, which is higher than AYEW.DE's 0.18% expense ratio.

Dividends

XNGI.DE vs. AYEW.DE - Dividend Comparison

XNGI.DE has not paid dividends to shareholders, while AYEW.DE's dividend yield for the trailing twelve months is around 0.25%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist)	0.25%	0.31%	0.38%	0.46%	0.82%	0.40%	0.65%	0.12%
XNGI.DE Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XNGI.DE and AYEW.DE in my portfolio?

XNGI.DE and AYEW.DE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XNGI.DE or AYEW.DE?

On fees, AYEW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XNGI.DE or AYEW.DE?

AYEW.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for XNGI.DE.

What is the main difference between XNGI.DE and AYEW.DE?

XNGI.DE tracks MSCI ACWI IMI Next Generation Internet Innovation Select ESG Screened 100, while AYEW.DE tracks MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.30% for XNGI.DE and 0.18% for AYEW.DE.