XWEM.DE vs. XNAS.DE
XWEM.DE (Xtrackers MSCI World Momentum ESG UCITS ETF 1C) and XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) are both exchange-traded funds - XWEM.DE is a Momentum fund tracking the MSCI World Momentum Low Carbon SRI Screened Select Index, while XNAS.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past year, XWEM.DE returned 31.14% vs 37.85% for XNAS.DE. Their correlation of 0.84 suggests significant overlap in exposure. XWEM.DE charges 0.25%/yr vs 0.20%/yr for XNAS.DE.
Performance
XWEM.DE vs. XNAS.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XWEM.DE having a 19.94% return and XNAS.DE slightly higher at 20.53%.
XWEM.DE
- 1D
- -0.96%
- 1M
- 6.34%
- YTD
- 19.94%
- 6M
- 21.16%
- 1Y
- 31.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XNAS.DE
- 1D
- -0.83%
- 1M
- 9.23%
- YTD
- 20.53%
- 6M
- 19.39%
- 1Y
- 37.85%
- 3Y*
- 24.64%
- 5Y*
- 18.79%
- 10Y*
- —
XWEM.DE vs. XNAS.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% |
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 20.53% | 7.11% | 33.75% | 9.62% |
Correlation
The correlation between XWEM.DE and XNAS.DE is 0.80, 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 | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2023 | 0.84 |
The correlation between XWEM.DE and XNAS.DE has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.
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Return for Risk
XWEM.DE vs. XNAS.DE — Risk / Return Rank
XWEM.DE
XNAS.DE
XWEM.DE vs. XNAS.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 Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.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 | XNAS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.42 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 3.77 | -1.83 |
| Martin ratioReturn relative to average drawdown | 3.88 | 11.16 | -7.28 |
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 | XNAS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 2.40 | -1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.91 | +0.07 |
Drawdowns
XWEM.DE vs. XNAS.DE - Drawdown Comparison
The maximum XWEM.DE drawdown since its inception was -22.80%, smaller than the maximum XNAS.DE drawdown of -31.25%. Use the drawdown chart below to compare losses from any high point for XWEM.DE and XNAS.DE.
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Drawdown Indicators
| XWEM.DE | XNAS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.80% | -31.25% | +8.45% |
Max Drawdown (1Y)Largest decline over 1 year | -15.98% | -10.00% | -5.98% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.72% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.25% | — |
Current DrawdownCurrent decline from peak | -0.96% | -0.83% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -5.51% | -7.83% | +2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.00% | 3.38% | +4.62% |
Volatility
XWEM.DE vs. XNAS.DE - Volatility Comparison
Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.DE) has a higher volatility of 4.83% compared to Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) at 4.31%. This indicates that XWEM.DE's price experiences larger fluctuations and is considered to be riskier than XNAS.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 | XNAS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 4.31% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 12.62% | 10.91% | +1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.61% | 15.71% | +10.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.80% | 19.88% | +1.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.80% | 19.84% | +1.96% |
XWEM.DE vs. XNAS.DE - Expense Ratio Comparison
XWEM.DE has a 0.25% expense ratio, which is higher than XNAS.DE's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XWEM.DE vs. XNAS.DE - Dividend Comparison
Neither XWEM.DE nor XNAS.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEM.DE and XNAS.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNAS.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNAS.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XWEM.DE.
XWEM.DE is categorized as Momentum, while XNAS.DE is Nasdaq-100. XWEM.DE tracks MSCI World Momentum Low Carbon SRI Screened Select Index, while XNAS.DE tracks Nasdaq 100®. Their fees differ too: 0.25% for XWEM.DE and 0.20% for XNAS.DE.
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