XWEV.L vs. ISWD.L
XWEV.L (Xtrackers MSCI World Value ESG UCITS ETF 1C) and ISWD.L (iShares MSCI World Islamic UCITS ETF USD (Dist)) are both Global Equities funds - XWEV.L tracks the MSCI World Value Low Carbon SRI Screened Select while ISWD.L tracks the MSCI World Islamic Index. Both are passively managed. Over the past year, XWEV.L returned 43.60% vs 33.10% for ISWD.L. A 0.80 correlation means they provide meaningful diversification when combined. XWEV.L charges 0.25%/yr vs 0.60%/yr for ISWD.L.
Performance
XWEV.L vs. ISWD.L - Performance Comparison
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Different Trading Currencies
XWEV.L is traded in USD, while ISWD.L is traded in GBp. To make them comparable, the ISWD.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with XWEV.L having a 18.20% return and ISWD.L slightly higher at 18.55%.
XWEV.L
- 1D
- -0.36%
- 1M
- 5.85%
- YTD
- 18.20%
- 6M
- 20.60%
- 1Y
- 43.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ISWD.L
- 1D
- 0.00%
- 1M
- 4.85%
- YTD
- 18.55%
- 6M
- 20.11%
- 1Y
- 33.10%
- 3Y*
- 16.61%
- 5Y*
- 11.98%
- 10Y*
- 11.41%
XWEV.L vs. ISWD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XWEV.L Xtrackers MSCI World Value ESG UCITS ETF 1C | 18.20% | 38.58% | 6.98% | 7.84% |
ISWD.L iShares MSCI World Islamic UCITS ETF USD (Dist) | 17.83% | 19.53% | 5.66% | 6.38% |
Correlation
The correlation between XWEV.L and ISWD.L 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 5, 2023 | 0.80 |
The correlation between XWEV.L and ISWD.L has been stable across timeframes, ranging from 0.80 to 0.80 - a consistent structural relationship.
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Return for Risk
XWEV.L vs. ISWD.L — Risk / Return Rank
XWEV.L
ISWD.L
XWEV.L vs. ISWD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) and iShares MSCI World Islamic UCITS ETF USD (Dist) (ISWD.L). 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.
| XWEV.L | ISWD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.43 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | 4.52 | -0.33 |
| Martin ratioReturn relative to average drawdown | 16.28 | 15.55 | +0.73 |
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Drawdowns
XWEV.L vs. ISWD.L - Drawdown Comparison
The maximum XWEV.L drawdown since its inception was -14.23%, smaller than the maximum ISWD.L drawdown of -74.38%. Use the drawdown chart below to compare losses from any high point for XWEV.L and ISWD.L.
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Drawdown Indicators
| XWEV.L | ISWD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.23% | -74.38% | +60.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.37% | -7.30% | -3.07% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.38% | — |
Current DrawdownCurrent decline from peak | -0.91% | -1.05% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -29.40% | +27.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 2.12% | +0.55% |
Volatility
XWEV.L vs. ISWD.L - Volatility Comparison
Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) and iShares MSCI World Islamic UCITS ETF USD (Dist) (ISWD.L) have volatilities of 5.20% and 5.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XWEV.L | ISWD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.20% | 5.36% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 10.61% | +1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.19% | 13.29% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.10% | 15.59% | -0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 15.70% | -0.60% |
XWEV.L vs. ISWD.L - Expense Ratio Comparison
XWEV.L has a 0.25% expense ratio, which is lower than ISWD.L's 0.60% expense ratio.
Dividends
XWEV.L vs. ISWD.L - Dividend Comparison
XWEV.L has not paid dividends to shareholders, while ISWD.L's dividend yield for the trailing twelve months is around 0.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISWD.L iShares MSCI World Islamic UCITS ETF USD (Dist) | 0.97% | 1.13% | 1.37% | 1.60% | 2.03% | 1.45% | 1.49% | 1.85% | 1.82% | 1.60% | 1.57% | 1.72% |
XWEV.L Xtrackers MSCI World Value ESG UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XWEV.L and ISWD.L 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, XWEV.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XWEV.L is cheaper with a 0.25% expense ratio, compared with 0.60% for ISWD.L.
XWEV.L tracks MSCI World Value Low Carbon SRI Screened Select, while ISWD.L tracks MSCI World Islamic Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XWEV.L and 0.60% for ISWD.L.
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