XNNV.DE vs. WQTM.DE
XNNV.DE (Xtrackers MSCI Innovation UCITS ETF 1C) and WQTM.DE (WisdomTree Quantum Computing UCITS ETF USD Accumulating) are both Technology Equities funds - XNNV.DE tracks the MSCI ACWI IMI Innovation Select ESG Screened 200 while WQTM.DE tracks the WisdomTree Classiq Quantum Computing Index. Both are passively managed. A 0.68 correlation means they provide meaningful diversification when combined. XNNV.DE charges 0.30%/yr vs 0.50%/yr for WQTM.DE.
Performance
XNNV.DE vs. WQTM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNNV.DE achieves a 5.08% return, which is significantly lower than WQTM.DE's 50.87% return.
XNNV.DE
- 1D
- 1.03%
- 1M
- 6.57%
- YTD
- 5.08%
- 6M
- 3.95%
- 1Y
- 15.22%
- 3Y*
- 13.35%
- 5Y*
- —
- 10Y*
- —
WQTM.DE
- 1D
- -1.39%
- 1M
- 17.46%
- YTD
- 50.87%
- 6M
- 44.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XNNV.DE vs. WQTM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XNNV.DE Xtrackers MSCI Innovation UCITS ETF 1C | 5.08% | 6.67% |
WQTM.DE WisdomTree Quantum Computing UCITS ETF USD Accumulating | 50.87% | 22.54% |
Correlation
The correlation between XNNV.DE and WQTM.DE is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 3, 2025 | 0.68 |
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Return for Risk
XNNV.DE vs. WQTM.DE — Risk / Return Rank
XNNV.DE
WQTM.DE
XNNV.DE vs. WQTM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) and WisdomTree Quantum Computing UCITS ETF USD Accumulating (WQTM.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.
| XNNV.DE | WQTM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | — | — |
| Martin ratioReturn relative to average drawdown | 2.80 | — | — |
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
| XNNV.DE | WQTM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 3.21 | -2.54 |
Drawdowns
XNNV.DE vs. WQTM.DE - Drawdown Comparison
The maximum XNNV.DE drawdown since its inception was -25.90%, which is greater than WQTM.DE's maximum drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for XNNV.DE and WQTM.DE.
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Drawdown Indicators
| XNNV.DE | WQTM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.90% | -24.12% | -1.78% |
Max Drawdown (1Y)Largest decline over 1 year | -15.02% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -25.90% | — | — |
Current DrawdownCurrent decline from peak | -0.91% | -3.88% | +2.97% |
Average DrawdownAverage peak-to-trough decline | -6.64% | -10.07% | +3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | — | — |
Volatility
XNNV.DE vs. WQTM.DE - Volatility Comparison
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Volatility by Period
| XNNV.DE | WQTM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.61% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.72% | 39.69% | -24.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.07% | 39.69% | -21.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.07% | 39.69% | -21.62% |
XNNV.DE vs. WQTM.DE - Expense Ratio Comparison
XNNV.DE has a 0.30% expense ratio, which is lower than WQTM.DE's 0.50% expense ratio.
Dividends
XNNV.DE vs. WQTM.DE - Dividend Comparison
Neither XNNV.DE nor WQTM.DE has paid dividends to shareholders.
Frequently Asked Questions
XNNV.DE and WQTM.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNNV.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNNV.DE is cheaper with a 0.30% expense ratio, compared with 0.50% for WQTM.DE.
XNNV.DE tracks MSCI ACWI IMI Innovation Select ESG Screened 200, while WQTM.DE tracks WisdomTree Classiq Quantum Computing Index. They also come from different issuers: Xtrackers and WisdomTree. Their fees differ too: 0.30% for XNNV.DE and 0.50% for WQTM.DE.
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