XWEH.DE vs. EXUS.DE
XWEH.DE (Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc)) and EXUS.DE (Xtrackers MSCI World ex USA UCITS ETF 1C USD) are both Global Equities funds from Xtrackers - XWEH.DE tracks the MSCI World Index (EUR Hedged) while EXUS.DE tracks the MSCI World ex USA index. Both are passively managed. Over the past year, XWEH.DE returned 19.83% vs 25.65% for EXUS.DE. A 0.79 correlation means they provide meaningful diversification when combined. XWEH.DE charges 0.39%/yr vs 0.15%/yr for EXUS.DE.
Performance
XWEH.DE vs. EXUS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XWEH.DE achieves a 9.20% return, which is significantly lower than EXUS.DE's 13.41% return.
XWEH.DE
- 1D
- 0.31%
- 1M
- 0.25%
- 6M
- 9.70%
- YTD
- 9.20%
- 1Y
- 19.83%
- 3Y*
- 17.65%
- 5Y*
- 10.35%
- 10Y*
- 11.71%
EXUS.DE
- 1D
- 0.66%
- 1M
- 3.63%
- 6M
- 13.12%
- YTD
- 13.41%
- 1Y
- 25.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XWEH.DE vs. EXUS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XWEH.DE Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) | 9.20% | 16.85% | 11.38% |
EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C USD | 13.41% | 17.80% | 4.15% |
Correlation
The correlation between XWEH.DE and EXUS.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024 | 0.79 |
The correlation between XWEH.DE and EXUS.DE has been stable across timeframes, ranging from 0.79 to 0.81 - a consistent structural relationship.
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
XWEH.DE vs. EXUS.DE — Risk / Return Rank
XWEH.DE
EXUS.DE
XWEH.DE vs. EXUS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) (XWEH.DE) and Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XWEH.DE | EXUS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.38 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 2.94 | -0.43 |
| Martin ratioReturn relative to average drawdown | 10.59 | 11.77 | -1.18 |
Loading charts...
Drawdowns
XWEH.DE vs. EXUS.DE - Drawdown Comparison
The maximum XWEH.DE drawdown since its inception was -33.67%, which is greater than EXUS.DE's maximum drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for XWEH.DE and EXUS.DE.
Loading charts...
Drawdown Indicators
| XWEH.DE | EXUS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.67% | -16.21% | -17.46% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -8.67% | +0.81% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | — | — |
Current DrawdownCurrent decline from peak | -0.25% | 0.00% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -1.75% | -2.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 2.17% | -0.30% |
Volatility
XWEH.DE vs. EXUS.DE - Volatility Comparison
Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) (XWEH.DE) has a higher volatility of 3.62% compared to Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.DE) at 3.18%. This indicates that XWEH.DE's price experiences larger fluctuations and is considered to be riskier than EXUS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XWEH.DE | EXUS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 3.18% | +0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 10.31% | -1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.69% | 12.59% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 13.36% | +1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 13.36% | +1.91% |
XWEH.DE vs. EXUS.DE - Expense Ratio Comparison
XWEH.DE has a 0.39% expense ratio, which is higher than EXUS.DE's 0.15% expense ratio.
Dividends
XWEH.DE vs. EXUS.DE - Dividend Comparison
Neither XWEH.DE nor EXUS.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEH.DE and EXUS.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXUS.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXUS.DE is cheaper with a 0.15% expense ratio, compared with 0.39% for XWEH.DE.
XWEH.DE tracks MSCI World Index (EUR Hedged), while EXUS.DE tracks MSCI World ex USA index. Their fees differ too: 0.39% for XWEH.DE and 0.15% for EXUS.DE.
Find the right allocation for XWEH.DE and EXUS.DE
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