XWEM.DE vs. HDXM.DE
XWEM.DE (Xtrackers MSCI World Momentum ESG UCITS ETF 1C) and HDXM.DE (Hashdex Crypto Momentum Factor ETN) are both Momentum funds - XWEM.DE tracks the MSCI World Momentum Low Carbon SRI Screened Select Index while HDXM.DE tracks the Kaiko Hashdex Risk Parity Momentum Crypto Index. Both are passively managed. Over the past year, XWEM.DE returned 30.75% vs -38.02% for HDXM.DE. At a 0.28 correlation, their price movements are largely independent. XWEM.DE charges 0.25%/yr vs 1.49%/yr for HDXM.DE.
Performance
XWEM.DE vs. HDXM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XWEM.DE achieves a 19.94% return, which is significantly higher than HDXM.DE's -25.14% return.
XWEM.DE
- 1D
- -0.96%
- 1M
- 4.24%
- YTD
- 19.94%
- 6M
- 20.69%
- 1Y
- 30.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HDXM.DE
- 1D
- -4.80%
- 1M
- -13.98%
- YTD
- -25.14%
- 6M
- -27.58%
- 1Y
- -38.02%
- 3Y*
- 9.76%
- 5Y*
- —
- 10Y*
- —
XWEM.DE vs. HDXM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XWEM.DE Xtrackers MSCI World Momentum ESG UCITS ETF 1C | 19.94% | 8.67% | 36.15% | -1.01% |
HDXM.DE Hashdex Crypto Momentum Factor ETN | -25.14% | -35.51% | 65.37% | 78.19% |
Correlation
The correlation between XWEM.DE and HDXM.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2023 | 0.28 |
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Return for Risk
XWEM.DE vs. HDXM.DE — Risk / Return Rank
XWEM.DE
HDXM.DE
XWEM.DE vs. HDXM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.DE) and Hashdex Crypto Momentum Factor ETN (HDXM.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.
| XWEM.DE | HDXM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.08 | ||
| Sortino ratioReturn per unit of downside risk | +3.13 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.86 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | -0.72 | +2.66 |
| Martin ratioReturn relative to average drawdown | 3.88 | -1.13 | +5.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XWEM.DE | HDXM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | -0.92 | +2.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.13 | +0.84 |
Drawdowns
XWEM.DE vs. HDXM.DE - Drawdown Comparison
The maximum XWEM.DE drawdown since its inception was -22.80%, smaller than the maximum HDXM.DE drawdown of -63.33%. Use the drawdown chart below to compare losses from any high point for XWEM.DE and HDXM.DE.
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Drawdown Indicators
| XWEM.DE | HDXM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.80% | -63.33% | +40.53% |
Max Drawdown (1Y)Largest decline over 1 year | -15.98% | -54.05% | +38.07% |
Max Drawdown (3Y)Largest decline over 3 years | — | -63.33% | — |
Current DrawdownCurrent decline from peak | -0.96% | -63.33% | +62.37% |
Average DrawdownAverage peak-to-trough decline | -5.51% | -25.50% | +19.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.00% | 34.34% | -26.34% |
Volatility
XWEM.DE vs. HDXM.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.DE) is 4.83%, while Hashdex Crypto Momentum Factor ETN (HDXM.DE) has a volatility of 10.35%. This indicates that XWEM.DE experiences smaller price fluctuations and is considered to be less risky than HDXM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XWEM.DE | HDXM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 10.35% | -5.52% |
Volatility (6M)Calculated over the trailing 6-month period | 12.62% | 28.32% | -15.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.61% | 42.44% | -15.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.80% | 52.73% | -30.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.80% | 52.73% | -30.93% |
XWEM.DE vs. HDXM.DE - Expense Ratio Comparison
XWEM.DE has a 0.25% expense ratio, which is lower than HDXM.DE's 1.49% expense ratio.
Dividends
XWEM.DE vs. HDXM.DE - Dividend Comparison
Neither XWEM.DE nor HDXM.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEM.DE and HDXM.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XWEM.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XWEM.DE is cheaper with a 0.25% expense ratio, compared with 1.49% for HDXM.DE.
XWEM.DE tracks MSCI World Momentum Low Carbon SRI Screened Select Index, while HDXM.DE tracks Kaiko Hashdex Risk Parity Momentum Crypto Index. They also come from different issuers: Xtrackers and Hashdex. Their fees differ too: 0.25% for XWEM.DE and 1.49% for HDXM.DE.
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