XWD1.L vs. SMH

Last updated Jun 6, 2026

XWD1.L (Xtrackers MSCI World Swap UCITS ETF 1D) and SMH (VanEck Semiconductor ETF) are both exchange-traded funds - XWD1.L is a Global Equities fund tracking the MSCI ACWI NR USD, while SMH is a Semiconductors fund tracking the MVIS US Listed Semiconductor 25 Index. Both are passively managed. XWD1.L charges 0.19%/yr vs 0.35%/yr for SMH.

Performance

XWD1.L vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World Swap UCITS ETF 1D (XWD1.L) and VanEck Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XWD1.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMH

• 1D: -9.22%
• 1M: 3.63%
• YTD: 58.19%
• 6M: 56.81%
• 1Y: 127.40%
• 3Y*: 58.39%
• 5Y*: 36.10%
• 10Y*: 36.02%

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

Return for Risk

XWD1.L vs. SMH — Risk / Return Rank

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

SMH

SMH Risk / Return Rank: 94
SMH Sharpe Ratio Rank: 96
SMH Sortino Ratio Rank: 90
SMH Omega Ratio Rank: 92
SMH Calmar Ratio Rank: 96
SMH Martin Ratio Rank: 95

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.

XWD1.L vs. SMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Swap UCITS ETF 1D (XWD1.L) and VanEck Semiconductor ETF (SMH). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XWD1.L	SMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.03	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.32	—

Drawdowns

Drawdown Indicators

	XWD1.L	SMH	Difference
Max Drawdown Largest peak-to-trough decline	—	-84.96%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-35.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.30%	—
Current Drawdown Current decline from peak	—	-10.69%	—
Average Drawdown Average peak-to-trough decline	—	-41.08%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.94%	—

Volatility

Volatility by Period

	XWD1.L	SMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	26.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	32.03%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	35.24%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	32.70%	—

XWD1.L vs. SMH - Expense Ratio Comparison

XWD1.L has a 0.19% expense ratio, which is lower than SMH's 0.35% expense ratio.

Dividends

XWD1.L vs. SMH - Dividend Comparison

XWD1.L has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMH VanEck Semiconductor ETF	0.19%	0.31%	0.44%	0.60%	1.18%	0.51%	0.69%	1.50%	1.88%	1.43%	0.80%	2.14%
XWD1.L Xtrackers MSCI World Swap UCITS ETF 1D	0.00%	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

Which ETF is better, XWD1.L or SMH?

On fees, XWD1.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XWD1.L or SMH?

XWD1.L is cheaper with a 0.19% expense ratio, compared with 0.35% for SMH.

What is the main difference between XWD1.L and SMH?

XWD1.L is categorized as Global Equities, while SMH is Semiconductors. XWD1.L tracks MSCI ACWI NR USD, while SMH tracks MVIS US Listed Semiconductor 25 Index. They also come from different issuers: Xtrackers and VanEck. Their fees differ too: 0.19% for XWD1.L and 0.35% for SMH.