XNGI.DE vs. MTVR.DE
XNGI.DE (Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C) and MTVR.DE (L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating) are both Technology Equities funds - XNGI.DE tracks the MSCI ACWI IMI Next Generation Internet Innovation Select ESG Screened 100 while MTVR.DE tracks the iStoxx Access Metaverse. Both are passively managed. Over the past 3 years, XNGI.DE returned 27.17%/yr vs 48.38%/yr for MTVR.DE. Their correlation of 0.89 suggests significant overlap in exposure. XNGI.DE charges 0.30%/yr vs 0.39%/yr for MTVR.DE.
Performance
XNGI.DE vs. MTVR.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XNGI.DE achieves a 17.43% return, which is significantly lower than MTVR.DE's 72.46% return.
XNGI.DE
- 1D
- -1.17%
- 1M
- 11.22%
- YTD
- 17.43%
- 6M
- 15.47%
- 1Y
- 29.49%
- 3Y*
- 27.17%
- 5Y*
- —
- 10Y*
- —
MTVR.DE
- 1D
- -3.30%
- 1M
- 18.95%
- YTD
- 72.46%
- 6M
- 74.69%
- 1Y
- 123.79%
- 3Y*
- 48.38%
- 5Y*
- —
- 10Y*
- —
XNGI.DE vs. MTVR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XNGI.DE Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C | 17.43% | 7.77% | 43.41% | 52.53% | -14.42% |
MTVR.DE L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating | 72.46% | 23.08% | 29.91% | 63.34% | -13.25% |
Correlation
The correlation between XNGI.DE and MTVR.DE is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.89 |
The correlation between XNGI.DE and MTVR.DE has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XNGI.DE vs. MTVR.DE — Risk / Return Rank
XNGI.DE
MTVR.DE
XNGI.DE vs. MTVR.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 L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating (MTVR.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.
| XNGI.DE | MTVR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.21 | ||
| Sortino ratioReturn per unit of downside risk | -3.08 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.70 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 9.91 | -8.31 |
| Martin ratioReturn relative to average drawdown | 4.10 | 36.18 | -32.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XNGI.DE | MTVR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 4.86 | -3.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.20 | 1.72 | -0.52 |
Drawdowns
XNGI.DE vs. MTVR.DE - Drawdown Comparison
The maximum XNGI.DE drawdown since its inception was -27.91%, smaller than the maximum MTVR.DE drawdown of -30.86%. Use the drawdown chart below to compare losses from any high point for XNGI.DE and MTVR.DE.
Loading charts...
Drawdown Indicators
| XNGI.DE | MTVR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.91% | -30.86% | +2.95% |
Max Drawdown (1Y)Largest decline over 1 year | -18.97% | -12.65% | -6.32% |
Max Drawdown (3Y)Largest decline over 3 years | -27.91% | -30.86% | +2.95% |
Current DrawdownCurrent decline from peak | -1.91% | -3.30% | +1.39% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -5.32% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.40% | 3.47% | +3.93% |
Volatility
XNGI.DE vs. MTVR.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C (XNGI.DE) is 5.48%, while L&G Metaverse ESG Exclusions UCITS ETF USD Accumulating (MTVR.DE) has a volatility of 10.70%. This indicates that XNGI.DE experiences smaller price fluctuations and is considered to be less risky than MTVR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XNGI.DE | MTVR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 10.70% | -5.22% |
Volatility (6M)Calculated over the trailing 6-month period | 13.40% | 19.34% | -5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.27% | 25.77% | -7.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.70% | 25.35% | -4.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.70% | 25.35% | -4.65% |
XNGI.DE vs. MTVR.DE - Expense Ratio Comparison
XNGI.DE has a 0.30% expense ratio, which is lower than MTVR.DE's 0.39% expense ratio.
Dividends
XNGI.DE vs. MTVR.DE - Dividend Comparison
Neither XNGI.DE nor MTVR.DE has paid dividends to shareholders.
Frequently Asked Questions
XNGI.DE and MTVR.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNGI.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNGI.DE is cheaper with a 0.30% expense ratio, compared with 0.39% for MTVR.DE.
XNGI.DE tracks MSCI ACWI IMI Next Generation Internet Innovation Select ESG Screened 100, while MTVR.DE tracks iStoxx Access Metaverse. They also come from different issuers: Xtrackers and Legal & General. Their fees differ too: 0.30% for XNGI.DE and 0.39% for MTVR.DE.
Find the right allocation for XNGI.DE and MTVR.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer