XWEH.DE vs. XDEB.DE
XWEH.DE (Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc)) and XDEB.DE (Xtrackers MSCI World Minimum Volatility UCITS ETF 1C) are both Global Equities funds - XWEH.DE tracks the MSCI World Index (EUR Hedged) while XDEB.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, XWEH.DE returned 11.71%/yr vs 6.93%/yr for XDEB.DE. A 0.63 correlation means they provide meaningful diversification when combined. XWEH.DE charges 0.39%/yr vs 0.25%/yr for XDEB.DE.
Performance
XWEH.DE vs. XDEB.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XWEH.DE achieves a 9.20% return, which is significantly higher than XDEB.DE's 5.12% return. Over the past 10 years, XWEH.DE has outperformed XDEB.DE with an annualized return of 11.71%, while XDEB.DE has yielded a comparatively lower 6.93% annualized 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%
XDEB.DE
- 1D
- 0.46%
- 1M
- 3.30%
- 6M
- 6.00%
- YTD
- 5.12%
- 1Y
- 5.90%
- 3Y*
- 7.75%
- 5Y*
- 6.14%
- 10Y*
- 6.93%
XWEH.DE vs. XDEB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XWEH.DE Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) | 9.20% | 16.85% | 19.84% | 21.86% | -18.77% | 23.77% | 11.40% | 25.02% | -10.04% | 16.63% |
XDEB.DE Xtrackers MSCI World Minimum Volatility UCITS ETF 1C | 5.12% | -1.27% | 17.84% | 3.65% | -4.26% | 24.29% | -6.66% | 26.15% | 2.01% | 3.04% |
Correlation
The correlation between XWEH.DE and XDEB.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2014 | 0.63 |
Over the past year, the correlation between XWEH.DE and XDEB.DE has dropped to 0.16 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.
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. XDEB.DE — Risk / Return Rank
XWEH.DE
XDEB.DE
XWEH.DE vs. XDEB.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 Minimum Volatility UCITS ETF 1C (XDEB.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 | XDEB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.13 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 1.11 | +1.40 |
| Martin ratioReturn relative to average drawdown | 10.59 | 2.88 | +7.71 |
Loading charts...
Drawdowns
XWEH.DE vs. XDEB.DE - Drawdown Comparison
The maximum XWEH.DE drawdown since its inception was -33.67%, which is greater than XDEB.DE's maximum drawdown of -28.56%. Use the drawdown chart below to compare losses from any high point for XWEH.DE and XDEB.DE.
Loading charts...
Drawdown Indicators
| XWEH.DE | XDEB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.67% | -28.56% | -5.11% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -5.31% | -2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -13.02% | -4.55% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -13.02% | -10.53% |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | -28.56% | -5.11% |
Current DrawdownCurrent decline from peak | -0.25% | -3.41% | +3.16% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -6.78% | +2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 2.04% | -0.17% |
Volatility
XWEH.DE vs. XDEB.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 Minimum Volatility UCITS ETF 1C (XDEB.DE) at 2.06%. This indicates that XWEH.DE's price experiences larger fluctuations and is considered to be riskier than XDEB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XWEH.DE | XDEB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 2.06% | +1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 5.58% | +3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.69% | 7.88% | +3.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 10.16% | +4.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 12.72% | +2.55% |
XWEH.DE vs. XDEB.DE - Expense Ratio Comparison
XWEH.DE has a 0.39% expense ratio, which is higher than XDEB.DE's 0.25% expense ratio.
Dividends
XWEH.DE vs. XDEB.DE - Dividend Comparison
Neither XWEH.DE nor XDEB.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEH.DE and XDEB.DE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEB.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEB.DE is cheaper with a 0.25% expense ratio, compared with 0.39% for XWEH.DE.
XWEH.DE tracks MSCI World Index (EUR Hedged), while XDEB.DE tracks MSCI ACWI NR USD. They also come from different issuers: Xtrackers and DWS. Their fees differ too: 0.39% for XWEH.DE and 0.25% for XDEB.DE.
Find the right allocation for XWEH.DE and XDEB.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