XUTD.L vs. XDWT.L
XUTD.L (Xtrackers II US Treasuries UCITS ETF 1D) and XDWT.L (Xtrackers MSCI World Information Technology UCITS ETF 1C) are both exchange-traded funds - XUTD.L is a Government Bonds fund tracking the iBoxx USD Treasuries Index, while XDWT.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 10 years, XUTD.L returned 0.90%/yr vs 24.28%/yr for XDWT.L. At a correlation of -0.08, they often move in opposite directions. XUTD.L charges 0.06%/yr vs 0.25%/yr for XDWT.L.
Performance
XUTD.L vs. XDWT.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XUTD.L achieves a -0.22% return, which is significantly lower than XDWT.L's 24.10% return. Over the past 10 years, XUTD.L has underperformed XDWT.L with an annualized return of 0.90%, while XDWT.L has yielded a comparatively higher 24.28% annualized return.
XUTD.L
- 1D
- 0.20%
- 1M
- 0.21%
- YTD
- -0.22%
- 6M
- 0.03%
- 1Y
- 3.70%
- 3Y*
- 2.89%
- 5Y*
- -0.44%
- 10Y*
- 0.90%
XDWT.L
- 1D
- -1.87%
- 1M
- 13.92%
- YTD
- 24.10%
- 6M
- 23.59%
- 1Y
- 51.40%
- 3Y*
- 32.85%
- 5Y*
- 21.37%
- 10Y*
- 24.28%
XUTD.L vs. XDWT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XUTD.L Xtrackers II US Treasuries UCITS ETF 1D | -0.22% | 6.38% | 0.77% | 3.91% | -12.78% | -2.45% | 7.94% | 7.21% | 0.66% | 2.22% |
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C | 24.10% | 22.42% | 33.90% | 54.82% | -31.38% | 29.86% | 44.46% | 46.27% | -3.14% | 37.72% |
Correlation
The correlation between XUTD.L and XDWT.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2016 | -0.08 |
The correlation between XUTD.L and XDWT.L shifts across timeframes, from -0.08 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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
XUTD.L vs. XDWT.L — Risk / Return Rank
XUTD.L
XDWT.L
XUTD.L vs. XDWT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II US Treasuries UCITS ETF 1D (XUTD.L) and Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.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.
| XUTD.L | XDWT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.41 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 3.03 | -1.83 |
| Martin ratioReturn relative to average drawdown | 3.71 | 9.02 | -5.31 |
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
| XUTD.L | XDWT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 2.51 | -1.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 0.90 | -0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.18 | 1.11 | -0.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 1.11 | -0.68 |
Drawdowns
XUTD.L vs. XDWT.L - Drawdown Comparison
The maximum XUTD.L drawdown since its inception was -19.61%, smaller than the maximum XDWT.L drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for XUTD.L and XDWT.L.
Loading charts...
Drawdown Indicators
| XUTD.L | XDWT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.61% | -35.99% | +16.38% |
Max Drawdown (1Y)Largest decline over 1 year | -3.05% | -16.86% | +13.81% |
Max Drawdown (3Y)Largest decline over 3 years | -5.47% | -26.10% | +20.63% |
Max Drawdown (5Y)Largest decline over 5 years | -17.01% | -35.99% | +18.98% |
Max Drawdown (10Y)Largest decline over 10 years | -19.61% | -35.99% | +16.38% |
Current DrawdownCurrent decline from peak | -7.53% | -2.66% | -4.87% |
Average DrawdownAverage peak-to-trough decline | -5.55% | -6.41% | +0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 5.68% | -4.69% |
Volatility
XUTD.L vs. XDWT.L - Volatility Comparison
The current volatility for Xtrackers II US Treasuries UCITS ETF 1D (XUTD.L) is 1.40%, while Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) has a volatility of 7.39%. This indicates that XUTD.L experiences smaller price fluctuations and is considered to be less risky than XDWT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XUTD.L | XDWT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.40% | 7.39% | -5.99% |
Volatility (6M)Calculated over the trailing 6-month period | 2.60% | 15.71% | -13.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 20.39% | -16.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.76% | 23.62% | -17.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.05% | 22.09% | -17.04% |
XUTD.L vs. XDWT.L - Expense Ratio Comparison
XUTD.L has a 0.06% expense ratio, which is lower than XDWT.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
XUTD.L vs. XDWT.L - Dividend Comparison
XUTD.L's dividend yield for the trailing twelve months is around 3.48%, while XDWT.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUTD.L Xtrackers II US Treasuries UCITS ETF 1D | 3.48% | 3.27% | 3.65% | 2.39% | 1.95% | 3.42% | 1.08% | 1.47% | 1.35% | 1.34% | 2.12% |
Frequently Asked Questions
XUTD.L and XDWT.L have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUTD.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUTD.L is cheaper with a 0.06% expense ratio, compared with 0.25% for XDWT.L.
XUTD.L is categorized as Government Bonds, while XDWT.L is Technology Equities. XUTD.L tracks iBoxx USD Treasuries Index, while XDWT.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.06% for XUTD.L and 0.25% for XDWT.L.
Find the right allocation for XUTD.L and XDWT.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