XSCD.L vs. CDIS.L
XSCD.L (Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D) and CDIS.L (State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF) are both Consumer Discretionary Equities funds - XSCD.L tracks the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR while CDIS.L tracks the MSCI Europe Consumer Discretionary 35/20 Capped Index. Both are passively managed. Over the past 5 years, XSCD.L returned 6.78%/yr vs -0.52%/yr for CDIS.L. A 0.57 correlation means they provide meaningful diversification when combined. XSCD.L charges 0.12%/yr vs 0.18%/yr for CDIS.L.
Performance
XSCD.L vs. CDIS.L - Performance Comparison
Loading charts...
Different Trading Currencies
XSCD.L is traded in GBp, while CDIS.L is traded in EUR. To make them comparable, the CDIS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XSCD.L achieves a -0.88% return, which is significantly higher than CDIS.L's -10.46% return.
XSCD.L
- 1D
- -1.41%
- 1M
- -0.62%
- 6M
- -3.35%
- YTD
- -0.88%
- 1Y
- 8.18%
- 3Y*
- 12.18%
- 5Y*
- 6.78%
- 10Y*
- —
CDIS.L
- 1D
- -0.99%
- 1M
- -2.19%
- 6M
- -7.32%
- YTD
- -10.46%
- 1Y
- -2.59%
- 3Y*
- -3.20%
- 5Y*
- -0.52%
- 10Y*
- 5.70%
XSCD.L vs. CDIS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XSCD.L Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D | -0.88% | -0.97% | 33.66% | 35.72% | -30.79% | 23.01% | 46.74% | 23.50% | 4.83% |
CDIS.L State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF | -10.46% | 7.41% | -1.06% | 12.84% | -11.41% | 15.19% | 12.11% | 24.94% | -14.52% |
Correlation
The correlation between XSCD.L and CDIS.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2018 | 0.57 |
The correlation between XSCD.L and CDIS.L has been stable across timeframes, ranging from 0.48 to 0.57 - 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
XSCD.L vs. CDIS.L — Risk / Return Rank
XSCD.L
CDIS.L
XSCD.L vs. CDIS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XSCD.L) and State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF (CDIS.L). 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.
| XSCD.L | CDIS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.99 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | -0.12 | +0.70 |
| Martin ratioReturn relative to average drawdown | 1.55 | -0.25 | +1.80 |
Loading charts...
Drawdowns
XSCD.L vs. CDIS.L - Drawdown Comparison
The maximum XSCD.L drawdown since its inception was -35.13%, roughly equal to the maximum CDIS.L drawdown of -35.47%. Use the drawdown chart below to compare losses from any high point for XSCD.L and CDIS.L.
Loading charts...
Drawdown Indicators
| XSCD.L | CDIS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.13% | -35.47% | +0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -13.95% | -21.89% | +7.94% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -23.45% | -4.62% |
Max Drawdown (5Y)Largest decline over 5 years | -35.13% | -29.11% | -6.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.47% | — |
Current DrawdownCurrent decline from peak | -6.66% | -14.42% | +7.76% |
Average DrawdownAverage peak-to-trough decline | -9.59% | -8.33% | -1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 10.37% | -5.11% |
Volatility
XSCD.L vs. CDIS.L - Volatility Comparison
Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D (XSCD.L) has a higher volatility of 6.56% compared to State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF (CDIS.L) at 5.46%. This indicates that XSCD.L's price experiences larger fluctuations and is considered to be riskier than CDIS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSCD.L | CDIS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.56% | 5.46% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 13.60% | 16.14% | -2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.30% | 19.42% | -2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.44% | 21.00% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.51% | 20.18% | +1.33% |
XSCD.L vs. CDIS.L - Expense Ratio Comparison
XSCD.L has a 0.12% expense ratio, which is lower than CDIS.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XSCD.L vs. CDIS.L - Dividend Comparison
XSCD.L's dividend yield for the trailing twelve months is around 0.46%, while CDIS.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CDIS.L State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSCD.L Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D | 0.46% | 0.44% | 0.41% | 0.60% | 0.87% | 0.36% | 0.58% | 0.83% |
Frequently Asked Questions
XSCD.L and CDIS.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSCD.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSCD.L is cheaper with a 0.12% expense ratio, compared with 0.18% for CDIS.L.
XSCD.L tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while CDIS.L tracks MSCI Europe Consumer Discretionary 35/20 Capped Index. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.12% for XSCD.L and 0.18% for CDIS.L.
Find the right allocation for XSCD.L and CDIS.L
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