XWEH.DE vs. XDWD.DE
XWEH.DE (Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc)) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both Global Equities funds from Xtrackers - XWEH.DE tracks the MSCI World Index (EUR Hedged) while XDWD.DE tracks the MSCI World. Both are passively managed. Over the past 10 years, XWEH.DE returned 11.71%/yr vs 13.00%/yr for XDWD.DE. Their correlation of 0.89 suggests significant overlap in exposure. XWEH.DE charges 0.39%/yr vs 0.19%/yr for XDWD.DE.
Performance
XWEH.DE vs. XDWD.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 XDWD.DE's 12.57% return. Over the past 10 years, XWEH.DE has underperformed XDWD.DE with an annualized return of 11.71%, while XDWD.DE has yielded a comparatively higher 13.00% 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%
XDWD.DE
- 1D
- 0.32%
- 1M
- 1.49%
- 6M
- 12.36%
- YTD
- 12.57%
- 1Y
- 24.32%
- 3Y*
- 17.54%
- 5Y*
- 12.27%
- 10Y*
- 13.00%
XWEH.DE vs. XDWD.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% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 12.57% | 7.85% | 25.98% | 20.19% | -13.68% | 32.75% | 5.47% | 31.26% | -4.94% | 7.84% |
Correlation
The correlation between XWEH.DE and XDWD.DE is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.89 |
The correlation between XWEH.DE and XDWD.DE has been stable across timeframes, ranging from 0.87 to 0.90 - 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. XDWD.DE — Risk / Return Rank
XWEH.DE
XDWD.DE
XWEH.DE vs. XDWD.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 UCITS ETF 1C (XDWD.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 | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 3.82 | -1.31 |
| Martin ratioReturn relative to average drawdown | 10.59 | 15.31 | -4.72 |
Loading charts...
Drawdowns
XWEH.DE vs. XDWD.DE - Drawdown Comparison
The maximum XWEH.DE drawdown since its inception was -33.67%, roughly equal to the maximum XDWD.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for XWEH.DE and XDWD.DE.
Loading charts...
Drawdown Indicators
| XWEH.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.67% | -33.55% | -0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -6.34% | -1.52% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -21.64% | +4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -21.64% | -1.91% |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | -33.55% | -0.12% |
Current DrawdownCurrent decline from peak | -0.25% | -0.11% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -4.52% | +0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 1.58% | +0.29% |
Volatility
XWEH.DE vs. XDWD.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 UCITS ETF 1C (XDWD.DE) at 3.15%. This indicates that XWEH.DE's price experiences larger fluctuations and is considered to be riskier than XDWD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XWEH.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 3.15% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 7.97% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.69% | 11.30% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 14.15% | +0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 15.09% | +0.18% |
XWEH.DE vs. XDWD.DE - Expense Ratio Comparison
XWEH.DE has a 0.39% expense ratio, which is higher than XDWD.DE's 0.19% expense ratio.
Dividends
XWEH.DE vs. XDWD.DE - Dividend Comparison
Neither XWEH.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEH.DE and XDWD.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDWD.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWD.DE is cheaper with a 0.19% expense ratio, compared with 0.39% for XWEH.DE.
XWEH.DE tracks MSCI World Index (EUR Hedged), while XDWD.DE tracks MSCI World. Their fees differ too: 0.39% for XWEH.DE and 0.19% for XDWD.DE.
Find the right allocation for XWEH.DE and XDWD.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