XWEH.DE vs. XSX6.DE
XWEH.DE (Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc)) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both exchange-traded funds - XWEH.DE is a Global Equities fund tracking the MSCI World Index (EUR Hedged), while XSX6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 10 years, XWEH.DE returned 11.71%/yr vs 10.16%/yr for XSX6.DE. Their correlation of 0.85 suggests significant overlap in exposure. XWEH.DE charges 0.39%/yr vs 0.20%/yr for XSX6.DE.
Performance
XWEH.DE vs. XSX6.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 XSX6.DE's 11.63% return. Over the past 10 years, XWEH.DE has outperformed XSX6.DE with an annualized return of 11.71%, while XSX6.DE has yielded a comparatively lower 10.16% 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%
XSX6.DE
- 1D
- 0.00%
- 1M
- 4.56%
- 6M
- 10.88%
- YTD
- 11.63%
- 1Y
- 22.49%
- 3Y*
- 15.24%
- 5Y*
- 10.32%
- 10Y*
- 10.16%
XWEH.DE vs. XSX6.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% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 11.63% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | -1.83% | 28.68% | -11.34% | 10.91% |
Correlation
The correlation between XWEH.DE and XSX6.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 | 0.84 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2013 | 0.85 |
The correlation between XWEH.DE and XSX6.DE has been stable across timeframes, ranging from 0.77 to 0.85 - a consistent structural relationship.
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Return for Risk
XWEH.DE vs. XSX6.DE — Risk / Return Rank
XWEH.DE
XSX6.DE
XWEH.DE vs. XSX6.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 STOXX Europe 600 UCITS ETF (XSX6.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 | XSX6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.32 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 2.37 | +0.15 |
| Martin ratioReturn relative to average drawdown | 10.59 | 9.17 | +1.42 |
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Drawdowns
XWEH.DE vs. XSX6.DE - Drawdown Comparison
The maximum XWEH.DE drawdown since its inception was -33.67%, smaller than the maximum XSX6.DE drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for XWEH.DE and XSX6.DE.
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Drawdown Indicators
| XWEH.DE | XSX6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.67% | -36.06% | +2.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -9.46% | +1.60% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -16.37% | -1.20% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -20.84% | -2.71% |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | -36.06% | +2.39% |
Current DrawdownCurrent decline from peak | -0.25% | 0.00% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -5.24% | +0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 2.44% | -0.57% |
Volatility
XWEH.DE vs. XSX6.DE - Volatility Comparison
Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) (XWEH.DE) has a higher volatility of 3.62% compared to Xtrackers STOXX Europe 600 UCITS ETF (XSX6.DE) at 3.11%. This indicates that XWEH.DE's price experiences larger fluctuations and is considered to be riskier than XSX6.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 | XSX6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 3.11% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 10.96% | -1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.69% | 13.02% | -1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 14.46% | +0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 15.23% | +0.04% |
XWEH.DE vs. XSX6.DE - Expense Ratio Comparison
XWEH.DE has a 0.39% expense ratio, which is higher than XSX6.DE's 0.20% expense ratio.
Dividends
XWEH.DE vs. XSX6.DE - Dividend Comparison
Neither XWEH.DE nor XSX6.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEH.DE and XSX6.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, XSX6.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSX6.DE is cheaper with a 0.20% expense ratio, compared with 0.39% for XWEH.DE.
XWEH.DE is categorized as Global Equities, while XSX6.DE is Europe Equities. XWEH.DE tracks MSCI World Index (EUR Hedged), while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.39% for XWEH.DE and 0.20% for XSX6.DE.
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