XSPR.L vs. XDWM.L

Last updated Jun 4, 2026

XSPR.L (Xtrackers MSCI Europe Materials ESG Screened UCITS ETF 1C) and XDWM.L (Xtrackers MSCI World Materials UCITS ETF 1C) are both Industrials Equities funds from Xtrackers tracking the MSCI World/Materials NR USD. Both are passively managed. Over the past 10 years, XSPR.L returned 13.87%/yr vs 12.18%/yr for XDWM.L. At a 0.47 correlation, their price movements are largely independent. XSPR.L charges 0.20%/yr vs 0.25%/yr for XDWM.L.

Performance

XSPR.L vs. XDWM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Europe Materials ESG Screened UCITS ETF 1C (XSPR.L) and Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XSPR.L is traded in GBp, while XDWM.L is traded in USD. To make them comparable, the XDWM.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XSPR.L achieves a 8.65% return, which is significantly lower than XDWM.L's 16.38% return. Over the past 10 years, XSPR.L has outperformed XDWM.L with an annualized return of 13.87%, while XDWM.L has yielded a comparatively lower 12.18% annualized return.

XSPR.L

• 1D: -1.20%
• 1M: 5.92%
• YTD: 8.65%
• 6M: 11.59%
• 1Y: 13.05%
• 3Y*: 10.38%
• 5Y*: 4.29%
• 10Y*: 13.87%

XDWM.L

• 1D: -0.08%
• 1M: 4.54%
• YTD: 16.38%
• 6M: 20.43%
• 1Y: 35.41%
• 3Y*: 12.65%
• 5Y*: 8.13%
• 10Y*: 12.18%

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

XSPR.L vs. XDWM.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XSPR.L Xtrackers MSCI Europe Materials ESG Screened UCITS ETF 1C	8.65%	14.12%	-6.12%	16.07%	-7.66%	18.51%	17.88%	16.55%	-11.25%	26.40%
XDWM.L Xtrackers MSCI World Materials UCITS ETF 1C	16.38%	18.09%	-4.99%	9.10%	0.71%	16.63%	14.83%	19.93%	-12.09%	17.11%

Correlation

The correlation between XSPR.L and XDWM.L is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since May 13, 2016	0.47

Over the past year, XSPR.L and XDWM.L have become more correlated (0.79) than their long-term average of 0.47, meaning their price movements have been converging.

XSPR.L vs. XDWM.L - Sectors Allocation Comparison

Sectors	XSPR.L	XDWM.L
Basic Materials	98.7%	94.8%
Consumer Cyclical	1.3%	4.2%
Communication Services	-	-
Consumer Defensive	-	0.4%
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.4%
Real Estate	-	-
Technology	-	0.6%
Utilities	-	-

Return for Risk

XSPR.L vs. XDWM.L — Risk / Return Rank

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

XSPR.L

XSPR.L Risk / Return Rank: 18
XSPR.L Sharpe Ratio Rank: 17
XSPR.L Sortino Ratio Rank: 18
XSPR.L Omega Ratio Rank: 23
XSPR.L Calmar Ratio Rank: 18
XSPR.L Martin Ratio Rank: 16

XDWM.L

XDWM.L Risk / Return Rank: 50
XDWM.L Sharpe Ratio Rank: 53
XDWM.L Sortino Ratio Rank: 51
XDWM.L Omega Ratio Rank: 49
XDWM.L Calmar Ratio Rank: 46
XDWM.L Martin Ratio Rank: 51

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.

XSPR.L vs. XDWM.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Materials ESG Screened UCITS ETF 1C (XSPR.L) and Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.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.

	XSPR.L	XDWM.L	Difference
Sharpe ratio: Return per unit of total volatility	0.49	1.95	-1.46
Sortino ratio: Return per unit of downside risk	0.88	2.63	-1.76
Omega ratio: Gain probability vs. loss probability	1.14	1.35	-0.20
Calmar ratio: Return relative to maximum drawdown	0.69	2.44	-1.74
Martin ratio: Return relative to average drawdown	1.44	9.81	-8.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSPR.L vs. XDWM.L - Sharpe Ratio Comparison

The current XSPR.L Sharpe Ratio is 0.49, which is lower than the XDWM.L Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of XSPR.L and XDWM.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XSPR.L	XDWM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	1.95	-1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.48	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.87	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.87	-0.72

Drawdowns

XSPR.L vs. XDWM.L - Drawdown Comparison

The maximum XSPR.L drawdown since its inception was -68.41%, which is greater than XDWM.L's maximum drawdown of -29.05%. Use the drawdown chart below to compare losses from any high point for XSPR.L and XDWM.L.

Drawdown Indicators

	XSPR.L	XDWM.L	Difference
Max Drawdown Largest peak-to-trough decline	-68.41%	-29.05%	-39.36%
Max Drawdown (1Y) Largest decline over 1 year	-18.78%	-14.47%	-4.31%
Max Drawdown (3Y) Largest decline over 3 years	-18.78%	-18.53%	-0.25%
Max Drawdown (5Y) Largest decline over 5 years	-23.71%	-18.53%	-5.18%
Max Drawdown (10Y) Largest decline over 10 years	-41.80%	-29.05%	-12.75%
Current Drawdown Current decline from peak	-4.32%	-2.56%	-1.76%
Average Drawdown Average peak-to-trough decline	-20.82%	-5.33%	-15.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.06%	3.60%	+5.46%

Volatility

XSPR.L vs. XDWM.L - Volatility Comparison

The current volatility for Xtrackers MSCI Europe Materials ESG Screened UCITS ETF 1C (XSPR.L) is 6.37%, while Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.L) has a volatility of 6.95%. This indicates that XSPR.L experiences smaller price fluctuations and is considered to be less risky than XDWM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSPR.L	XDWM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.37%	6.95%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	14.24%	15.67%	-1.43%
Volatility (1Y) Calculated over the trailing 1-year period	26.47%	18.07%	+8.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.23%	17.24%	+5.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.16%	21.53%	+6.63%

XSPR.L vs. XDWM.L - Expense Ratio Comparison

XSPR.L has a 0.20% expense ratio, which is lower than XDWM.L's 0.25% 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

XSPR.L vs. XDWM.L - Dividend Comparison

Neither XSPR.L nor XDWM.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XSPR.L and XDWM.L in my portfolio?

XSPR.L and XDWM.L have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSPR.L or XDWM.L?

On fees, XSPR.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSPR.L or XDWM.L?

XSPR.L is cheaper with a 0.20% expense ratio, compared with 0.25% for XDWM.L.

What is the main difference between XSPR.L and XDWM.L?

Both ETFs track MSCI World/Materials NR USD. Their fees differ too: 0.20% for XSPR.L and 0.25% for XDWM.L.