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XS7W.DE vs. F702.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XS7W.DE vs. F702.DE

Last updated Jul 16, 2026
Documentation

XS7W.DE (Xtrackers Portfolio Income UCITS ETF (Dist)) and F702.DE (Amundi Multi-Asset Portfolio Defensive UCITS ETF (Dist)) are both Global Allocation funds. Both are actively managed. Over the past 5 years, XS7W.DE returned 2.47%/yr vs 5.43%/yr for F702.DE. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

XS7W.DE vs. F702.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Portfolio Income UCITS ETF (Dist) (XS7W.DE) and Amundi Multi-Asset Portfolio Defensive UCITS ETF (Dist) (F702.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XS7W.DE achieves a 4.88% return, which is significantly lower than F702.DE's 6.10% return.

XS7W.DE

1D
0.29%
1M
-0.00%
6M
3.71%
YTD
4.88%
1Y
8.52%
3Y*
6.96%
5Y*
2.47%
10Y*
3.39%

F702.DE

1D
1.11%
1M
-0.71%
6M
3.72%
YTD
6.10%
1Y
12.65%
3Y*
10.95%
5Y*
5.43%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XS7W.DE vs. F702.DE - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
XS7W.DE
Xtrackers Portfolio Income UCITS ETF (Dist)		4.88%3.90%7.56%8.46%-12.92%8.31%1.80%14.68%-2.17%
F702.DE
Amundi Multi-Asset Portfolio Defensive UCITS ETF (Dist)		6.10%11.87%10.77%8.69%-10.51%7.98%4.12%13.10%-2.04%

Correlation

The correlation between XS7W.DE and F702.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.37

Correlation (3Y)
Calculated over the trailing 3-year period

0.39

Correlation (5Y)
Calculated over the trailing 5-year period

0.47

Correlation (All Time)
Calculated using the full available price history since Mar 7, 2018

0.54

The correlation between XS7W.DE and F702.DE shifts across timeframes, from 0.37 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

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Xtrackers Portfolio Income UCITS ETF (Dist)

Amundi Multi-Asset Portfolio Defensive UCITS ETF (Dist)

Often compared with XS7W.DE:
XS7W.DE vs. F701.DEXS7W.DE vs. F703.DEXS7W.DE vs. MACV.DEXS7W.DE vs. DBX0.DEXS7W.DE vs. MAGR.DEXS7W.DE vs. MODR.DEXS7W.DE vs. V80D.DE
Often compared with F702.DE:
F702.DE vs. F701.DEF702.DE vs. F703.DEF702.DE vs. WEBN.DEF702.DE vs. MODR.DEF702.DE vs. MAGR.DEF702.DE vs. V80D.DEF702.DE vs. DBX0.DE

Return for Risk

XS7W.DE vs. F702.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XS7W.DE
XS7W.DE Risk / Return Rank: 5353
Overall Rank
XS7W.DE Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
XS7W.DE Sortino Ratio Rank: 5454
Sortino Ratio Rank
XS7W.DE Omega Ratio Rank: 5252
Omega Ratio Rank
XS7W.DE Calmar Ratio Rank: 4848
Calmar Ratio Rank
XS7W.DE Martin Ratio Rank: 6363
Martin Ratio Rank
F702.DE
F702.DE Risk / Return Rank: 4343
Overall Rank
F702.DE Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
F702.DE Sortino Ratio Rank: 3939
Sortino Ratio Rank
F702.DE Omega Ratio Rank: 3939
Omega Ratio Rank
F702.DE Calmar Ratio Rank: 4545
Calmar Ratio Rank
F702.DE Martin Ratio Rank: 5454
Martin Ratio Rank
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.

XS7W.DE vs. F702.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Portfolio Income UCITS ETF (Dist) (XS7W.DE) and Amundi Multi-Asset Portfolio Defensive UCITS ETF (Dist) (F702.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.

XS7W.DEF702.DEDifference
Sharpe ratioReturn per unit of total volatility
1.42
1.19

+0.24

Sortino ratioReturn per unit of downside risk
2.16
1.73

+0.43

Omega ratioGain probability vs. loss probability

1.27

1.22

+0.05

Calmar ratioReturn relative to maximum drawdown

2.02

1.93

+0.09

Martin ratioReturn relative to average drawdown

9.06

7.51

+1.55

XS7W.DE vs. F702.DE - Sharpe Ratio Comparison

The current XS7W.DE Sharpe Ratio is 1.42, which is comparable to the F702.DE Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of XS7W.DE and F702.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XS7W.DE vs. F702.DE - Drawdown Comparison

The maximum XS7W.DE drawdown since its inception was -17.71%, which is greater than F702.DE's maximum drawdown of -16.81%. Use the drawdown chart below to compare losses from any high point for XS7W.DE and F702.DE.

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Drawdown Indicators

XS7W.DEF702.DEDifference

Max Drawdown

Largest peak-to-trough decline

-17.71%

-16.81%

-0.90%

Max Drawdown (1Y)

Largest decline over 1 year

-4.20%

-6.51%

+2.31%

Max Drawdown (3Y)

Largest decline over 3 years

-7.31%

-6.83%

-0.48%

Max Drawdown (5Y)

Largest decline over 5 years

-17.08%

-13.81%

-3.27%

Max Drawdown (10Y)

Largest decline over 10 years

-17.52%

—

—

Current Drawdown

Current decline from peak

-0.57%

-1.08%

+0.51%

Average Drawdown

Average peak-to-trough decline

-4.25%

-3.05%

-1.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.94%

1.68%

-0.74%

Volatility

XS7W.DE vs. F702.DE - Volatility Comparison

The current volatility for Xtrackers Portfolio Income UCITS ETF (Dist) (XS7W.DE) is 1.31%, while Amundi Multi-Asset Portfolio Defensive UCITS ETF (Dist) (F702.DE) has a volatility of 4.63%. This indicates that XS7W.DE experiences smaller price fluctuations and is considered to be less risky than F702.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XS7W.DEF702.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.31%

4.63%

-3.32%

Volatility (6M)

Calculated over the trailing 6-month period

4.48%

8.61%

-4.13%

Volatility (1Y)

Calculated over the trailing 1-year period

5.96%

10.62%

-4.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.57%

8.52%

-1.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.14%

8.71%

-1.57%

Dividends

XS7W.DE vs. F702.DE - Dividend Comparison

XS7W.DE's dividend yield for the trailing twelve months is around 2.87%, more than F702.DE's 1.26% yield.

PositionTTM2025202420232022202120202019201820172016
F702.DE
Amundi Multi-Asset Portfolio Defensive UCITS ETF (Dist)		1.26%1.34%1.10%0.96%0.80%0.76%0.75%0.34%0.63%0.00%0.00%
XS7W.DE
Xtrackers Portfolio Income UCITS ETF (Dist)		2.87%5.42%0.00%0.00%1.37%0.80%2.20%1.91%0.64%1.13%1.40%

Frequently Asked Questions

XS7W.DE and F702.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Xtrackers and Amundi.

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