XWEH.DE vs. XESC.DE
XWEH.DE (Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc)) and XESC.DE (Xtrackers EURO STOXX 50 UCITS ETF 1C) are both exchange-traded funds - XWEH.DE is a Global Equities fund tracking the MSCI World Index (EUR Hedged), while XESC.DE is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, XWEH.DE returned 11.71%/yr vs 11.67%/yr for XESC.DE. Their correlation of 0.83 suggests significant overlap in exposure. XWEH.DE charges 0.39%/yr vs 0.09%/yr for XESC.DE.
Performance
XWEH.DE vs. XESC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XWEH.DE achieves a 9.20% return, which is significantly lower than XESC.DE's 11.96% return. Both investments have delivered pretty close results over the past 10 years, with XWEH.DE having a 11.71% annualized return and XESC.DE not far behind at 11.67%.
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%
XESC.DE
- 1D
- 0.00%
- 1M
- 5.24%
- 6M
- 10.86%
- YTD
- 11.96%
- 1Y
- 22.20%
- 3Y*
- 16.35%
- 5Y*
- 12.51%
- 10Y*
- 11.67%
XWEH.DE vs. XESC.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% |
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C | 11.96% | 22.24% | 11.06% | 22.50% | -8.87% | 23.54% | -2.88% | 30.09% | -12.09% | 10.25% |
Correlation
The correlation between XWEH.DE and XESC.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2013 | 0.83 |
The correlation between XWEH.DE and XESC.DE has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.
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Return for Risk
XWEH.DE vs. XESC.DE — Risk / Return Rank
XWEH.DE
XESC.DE
XWEH.DE vs. XESC.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 EURO STOXX 50 UCITS ETF 1C (XESC.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 | XESC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.25 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 2.04 | +0.47 |
| Martin ratioReturn relative to average drawdown | 10.59 | 7.10 | +3.50 |
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Drawdowns
XWEH.DE vs. XESC.DE - Drawdown Comparison
The maximum XWEH.DE drawdown since its inception was -33.67%, smaller than the maximum XESC.DE drawdown of -46.74%. Use the drawdown chart below to compare losses from any high point for XWEH.DE and XESC.DE.
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Drawdown Indicators
| XWEH.DE | XESC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.67% | -46.74% | +13.07% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -10.88% | +3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -16.53% | -1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -23.33% | -0.22% |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | -38.51% | +4.84% |
Current DrawdownCurrent decline from peak | -0.25% | 0.00% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -9.05% | +4.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 3.13% | -1.26% |
Volatility
XWEH.DE vs. XESC.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) (XWEH.DE) is 3.62%, while Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) has a volatility of 3.86%. This indicates that XWEH.DE experiences smaller price fluctuations and is considered to be less risky than XESC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XWEH.DE | XESC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 3.86% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 13.34% | -4.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.69% | 16.07% | -4.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 17.58% | -2.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 17.93% | -2.66% |
XWEH.DE vs. XESC.DE - Expense Ratio Comparison
XWEH.DE has a 0.39% expense ratio, which is higher than XESC.DE's 0.09% expense ratio.
Dividends
XWEH.DE vs. XESC.DE - Dividend Comparison
Neither XWEH.DE nor XESC.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEH.DE and XESC.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XESC.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XESC.DE is cheaper with a 0.09% expense ratio, compared with 0.39% for XWEH.DE.
XWEH.DE is categorized as Global Equities, while XESC.DE is Europe Equities. XWEH.DE tracks MSCI World Index (EUR Hedged), while XESC.DE tracks MSCI EMU NR EUR. Their fees differ too: 0.39% for XWEH.DE and 0.09% for XESC.DE.
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