XUTD.L vs. XXTW.L

Last updated Jun 5, 2026

XUTD.L (Xtrackers II US Treasuries UCITS ETF 1D) and XXTW.L (Xtrackers MSCI World Information Technology UCITS ETF) are both exchange-traded funds - XUTD.L is a Government Bonds fund tracking the iBoxx USD Treasuries Index, while XXTW.L is a Technology Equities fund tracking the MSCI World Information Technology 20/35 Custom index. Both are passively managed. Over the past year, XUTD.L returned 3.70% vs 51.54% for XXTW.L. At a 0.04 correlation, their price movements are largely independent. XUTD.L charges 0.06%/yr vs 0.25%/yr for XXTW.L.

Performance

XUTD.L vs. XXTW.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers II US Treasuries UCITS ETF 1D (XUTD.L) and Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XUTD.L is traded in USD, while XXTW.L is traded in GBP. To make them comparable, the XXTW.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XUTD.L achieves a -0.22% return, which is significantly lower than XXTW.L's 24.17% 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%

XXTW.L

• 1D: -1.82%
• 1M: 14.17%
• YTD: 24.17%
• 6M: 23.85%
• 1Y: 51.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XUTD.L vs. XXTW.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XUTD.L Xtrackers II US Treasuries UCITS ETF 1D	-0.22%	6.38%	0.77%	3.87%
XXTW.L Xtrackers MSCI World Information Technology UCITS ETF	24.17%	22.41%	33.94%	14.96%

Correlation

The correlation between XUTD.L and XXTW.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (All Time) Calculated using the full available price history since Aug 15, 2023	0.04

Return for Risk

XUTD.L vs. XXTW.L — Risk / Return Rank

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

XUTD.L

XUTD.L Risk / Return Rank: 27
XUTD.L Sharpe Ratio Rank: 29
XUTD.L Sortino Ratio Rank: 28
XUTD.L Omega Ratio Rank: 27
XUTD.L Calmar Ratio Rank: 26
XUTD.L Martin Ratio Rank: 27

XXTW.L

XXTW.L Risk / Return Rank: 71
XXTW.L Sharpe Ratio Rank: 84
XXTW.L Sortino Ratio Rank: 79
XXTW.L Omega Ratio Rank: 76
XXTW.L Calmar Ratio Rank: 64
XXTW.L Martin Ratio Rank: 49

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.

XUTD.L vs. XXTW.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 (XXTW.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	XXTW.L	Difference
Sharpe ratio: Return per unit of total volatility	1.01	2.58	-1.57
Sortino ratio: Return per unit of downside risk	1.49	3.41	-1.92
Omega ratio: Gain probability vs. loss probability	1.18	1.42	-0.24
Calmar ratio: Return relative to maximum drawdown	1.21	3.05	-1.84
Martin ratio: Return relative to average drawdown	3.71	9.33	-5.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUTD.L vs. XXTW.L - Sharpe Ratio Comparison

The current XUTD.L Sharpe Ratio is 1.01, which is lower than the XXTW.L Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of XUTD.L and XXTW.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

	XUTD.L	XXTW.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	2.58	-1.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	1.61	-1.18

Drawdowns

XUTD.L vs. XXTW.L - Drawdown Comparison

The maximum XUTD.L drawdown since its inception was -19.61%, smaller than the maximum XXTW.L drawdown of -26.61%. Use the drawdown chart below to compare losses from any high point for XUTD.L and XXTW.L.

Drawdown Indicators

	XUTD.L	XXTW.L	Difference
Max Drawdown Largest peak-to-trough decline	-19.61%	-26.61%	+7.00%
Max Drawdown (1Y) Largest decline over 1 year	-3.05%	-16.84%	+13.79%
Max Drawdown (3Y) Largest decline over 3 years	-5.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-19.61%	—	—
Current Drawdown Current decline from peak	-7.53%	-2.61%	-4.92%
Average Drawdown Average peak-to-trough decline	-5.55%	-4.09%	-1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	5.51%	-4.52%

Volatility

XUTD.L vs. XXTW.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 (XXTW.L) has a volatility of 6.79%. This indicates that XUTD.L experiences smaller price fluctuations and is considered to be less risky than XXTW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XUTD.L	XXTW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.40%	6.79%	-5.39%
Volatility (6M) Calculated over the trailing 6-month period	2.60%	15.19%	-12.59%
Volatility (1Y) Calculated over the trailing 1-year period	3.67%	19.87%	-16.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.76%	22.00%	-16.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.05%	22.00%	-16.95%

XUTD.L vs. XXTW.L - Expense Ratio Comparison

XUTD.L has a 0.06% expense ratio, which is lower than XXTW.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. XXTW.L - Dividend Comparison

XUTD.L's dividend yield for the trailing twelve months is around 3.48%, while XXTW.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
XXTW.L Xtrackers MSCI World Information Technology UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XUTD.L and XXTW.L in my portfolio?

XUTD.L and XXTW.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUTD.L or XXTW.L?

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.

Which ETF is cheaper, XUTD.L or XXTW.L?

XUTD.L is cheaper with a 0.06% expense ratio, compared with 0.25% for XXTW.L.

What is the main difference between XUTD.L and XXTW.L?

XUTD.L is categorized as Government Bonds, while XXTW.L is Technology Equities. XUTD.L tracks iBoxx USD Treasuries Index, while XXTW.L tracks MSCI World Information Technology 20/35 Custom index. Their fees differ too: 0.06% for XUTD.L and 0.25% for XXTW.L.