XWD1.L vs. VEU

Last updated Jun 6, 2026

XWD1.L (Xtrackers MSCI World Swap UCITS ETF 1D) and VEU (Vanguard FTSE All-World ex-US ETF) are both exchange-traded funds - XWD1.L is a Global Equities fund tracking the MSCI ACWI NR USD, while VEU is a Foreign Large Cap Equities fund tracking the FTSE All-World ex US Index. Both are passively managed. XWD1.L charges 0.19%/yr vs 0.04%/yr for VEU.

Performance

XWD1.L vs. VEU - 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 Vanguard FTSE All-World ex-US ETF (VEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XWD1.L

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

VEU

• 1D: -3.76%
• 1M: -2.79%
• YTD: 10.46%
• 6M: 12.49%
• 1Y: 26.70%
• 3Y*: 18.01%
• 5Y*: 7.88%
• 10Y*: 9.37%

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

Return for Risk

XWD1.L vs. VEU — Risk / Return Rank

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

VEU

VEU Risk / Return Rank: 50
VEU Sharpe Ratio Rank: 50
VEU Sortino Ratio Rank: 48
VEU Omega Ratio Rank: 52
VEU Calmar Ratio Rank: 48
VEU Martin Ratio Rank: 54

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. VEU - 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 Vanguard FTSE All-World ex-US ETF (VEU). 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	VEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.24	—

Drawdowns

Drawdown Indicators

	XWD1.L	VEU	Difference
Max Drawdown Largest peak-to-trough decline	—	-61.52%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.98%	—
Current Drawdown Current decline from peak	—	-4.55%	—
Average Drawdown Average peak-to-trough decline	—	-13.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.95%	—

Volatility

Volatility by Period

	XWD1.L	VEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.75%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.15%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.24%	—

XWD1.L vs. VEU - Expense Ratio Comparison

XWD1.L has a 0.19% expense ratio, which is higher than VEU's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XWD1.L vs. VEU - Dividend Comparison

XWD1.L has not paid dividends to shareholders, while VEU's dividend yield for the trailing twelve months is around 2.70%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VEU Vanguard FTSE All-World ex-US ETF	2.70%	3.09%	3.24%	3.32%	3.12%	3.08%	2.00%	3.10%	3.27%	2.66%	2.96%	2.95%
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 VEU?

On fees, VEU is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XWD1.L or VEU?

VEU is cheaper with a 0.04% expense ratio, compared with 0.19% for XWD1.L.

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

XWD1.L is categorized as Global Equities, while VEU is Foreign Large Cap Equities. XWD1.L tracks MSCI ACWI NR USD, while VEU tracks FTSE All-World ex US Index. They also come from different issuers: Xtrackers and Vanguard. Their fees differ too: 0.19% for XWD1.L and 0.04% for VEU.