XWEQ.DE vs. IS3Q.DE

Last updated Jun 5, 2026

XWEQ.DE (Xtrackers MSCI World Quality ESG UCITS ETF 1C) and IS3Q.DE (iShares Edge MSCI World Quality Factor UCITS ETF (Acc)) are both Global Equities funds - XWEQ.DE tracks the MSCI World Quality Low Carbon SRI Screened Select while IS3Q.DE tracks the MSCI World Sector Neutral Quality. Both are passively managed. Over the past year, XWEQ.DE returned 23.57% vs 18.81% for IS3Q.DE. With a 0.97 correlation, they move nearly in lockstep. XWEQ.DE charges 0.25%/yr vs 0.30%/yr for IS3Q.DE.

Performance

XWEQ.DE vs. IS3Q.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWEQ.DE) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with XWEQ.DE having a 9.71% return and IS3Q.DE slightly lower at 9.47%.

XWEQ.DE

• 1D: 0.77%
• 1M: 2.68%
• YTD: 9.71%
• 6M: 11.10%
• 1Y: 23.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IS3Q.DE

• 1D: 0.75%
• 1M: 3.07%
• YTD: 9.47%
• 6M: 9.57%
• 1Y: 18.81%
• 3Y*: 15.09%
• 5Y*: 11.35%
• 10Y*: 12.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XWEQ.DE vs. IS3Q.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XWEQ.DE Xtrackers MSCI World Quality ESG UCITS ETF 1C	9.71%	4.46%	25.97%	0.47%
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (Acc)	9.47%	2.80%	23.78%	7.94%

Correlation

The correlation between XWEQ.DE and IS3Q.DE is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jul 6, 2023	0.97

The correlation between XWEQ.DE and IS3Q.DE has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

XWEQ.DE vs. IS3Q.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XWEQ.DE

XWEQ.DE Risk / Return Rank: 65
XWEQ.DE Sharpe Ratio Rank: 61
XWEQ.DE Sortino Ratio Rank: 64
XWEQ.DE Omega Ratio Rank: 62
XWEQ.DE Calmar Ratio Rank: 67
XWEQ.DE Martin Ratio Rank: 70

IS3Q.DE

IS3Q.DE Risk / Return Rank: 57
IS3Q.DE Sharpe Ratio Rank: 52
IS3Q.DE Sortino Ratio Rank: 53
IS3Q.DE Omega Ratio Rank: 55
IS3Q.DE Calmar Ratio Rank: 61
IS3Q.DE Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XWEQ.DE vs. IS3Q.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWEQ.DE) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.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.

	XWEQ.DE	IS3Q.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.02	1.76	+0.25
Sortino ratio: Return per unit of downside risk	2.92	2.53	+0.39
Omega ratio: Gain probability vs. loss probability	1.37	1.33	+0.04
Calmar ratio: Return relative to maximum drawdown	3.27	2.97	+0.30
Martin ratio: Return relative to average drawdown	12.77	11.80	+0.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XWEQ.DE vs. IS3Q.DE - Sharpe Ratio Comparison

The current XWEQ.DE Sharpe Ratio is 2.02, which is comparable to the IS3Q.DE Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of XWEQ.DE and IS3Q.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XWEQ.DE	IS3Q.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	1.76	+0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.76	+0.13

Drawdowns

XWEQ.DE vs. IS3Q.DE - Drawdown Comparison

The maximum XWEQ.DE drawdown since its inception was -22.80%, smaller than the maximum IS3Q.DE drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for XWEQ.DE and IS3Q.DE.

Drawdown Indicators

	XWEQ.DE	IS3Q.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.80%	-32.31%	+9.51%
Max Drawdown (1Y) Largest decline over 1 year	-7.24%	-6.33%	-0.91%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.63%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.63%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.31%	—
Current Drawdown Current decline from peak	-0.73%	-0.12%	-0.61%
Average Drawdown Average peak-to-trough decline	-4.52%	-4.61%	+0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	1.60%	+0.26%

Volatility

XWEQ.DE vs. IS3Q.DE - Volatility Comparison

Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWEQ.DE) has a higher volatility of 2.76% compared to iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) at 2.37%. This indicates that XWEQ.DE's price experiences larger fluctuations and is considered to be riskier than IS3Q.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XWEQ.DE	IS3Q.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	2.37%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	8.36%	7.31%	+1.05%
Volatility (1Y) Calculated over the trailing 1-year period	11.73%	10.66%	+1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.18%	14.15%	+1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.18%	14.89%	+0.29%

XWEQ.DE vs. IS3Q.DE - Expense Ratio Comparison

XWEQ.DE has a 0.25% expense ratio, which is lower than IS3Q.DE's 0.30% expense ratio.

Dividends

XWEQ.DE vs. IS3Q.DE - Dividend Comparison

Neither XWEQ.DE nor IS3Q.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XWEQ.DE and IS3Q.DE in my portfolio?

With a correlation of 0.95, XWEQ.DE and IS3Q.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, XWEQ.DE or IS3Q.DE?

On fees, XWEQ.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XWEQ.DE or IS3Q.DE?

XWEQ.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for IS3Q.DE.

What is the main difference between XWEQ.DE and IS3Q.DE?

XWEQ.DE tracks MSCI World Quality Low Carbon SRI Screened Select, while IS3Q.DE tracks MSCI World Sector Neutral Quality. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XWEQ.DE and 0.30% for IS3Q.DE.