XWEV.L vs. MVOL.L
XWEV.L (Xtrackers MSCI World Value ESG UCITS ETF 1C) and MVOL.L (iShares Edge MSCI World Minimum Volatility UCITS) are both Global Equities funds - XWEV.L tracks the MSCI World Value Low Carbon SRI Screened Select while MVOL.L tracks the MSCI ACWI NR USD. Both are passively managed. Over the past year, XWEV.L returned 43.60% vs 2.38% for MVOL.L. A 0.57 correlation means they provide meaningful diversification when combined. XWEV.L charges 0.25%/yr vs 0.35%/yr for MVOL.L.
Performance
XWEV.L vs. MVOL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XWEV.L achieves a 18.20% return, which is significantly higher than MVOL.L's 0.99% return.
XWEV.L
- 1D
- -0.36%
- 1M
- 5.85%
- YTD
- 18.20%
- 6M
- 20.60%
- 1Y
- 43.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MVOL.L
- 1D
- -0.11%
- 1M
- 0.94%
- YTD
- 0.99%
- 6M
- 1.86%
- 1Y
- 2.38%
- 3Y*
- 8.79%
- 5Y*
- 5.24%
- 10Y*
- 7.24%
XWEV.L vs. MVOL.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% |
MVOL.L iShares Edge MSCI World Minimum Volatility UCITS | 0.99% | 11.02% | 11.08% | 3.79% |
Correlation
The correlation between XWEV.L and MVOL.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023 | 0.57 |
The correlation between XWEV.L and MVOL.L has been stable across timeframes, ranging from 0.47 to 0.57 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XWEV.L vs. MVOL.L — Risk / Return Rank
XWEV.L
MVOL.L
XWEV.L vs. MVOL.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 Edge MSCI World Minimum Volatility UCITS (MVOL.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 | MVOL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.55 | ||
| Sortino ratioReturn per unit of downside risk | +3.59 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.06 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | 0.41 | +3.77 |
| Martin ratioReturn relative to average drawdown | 16.28 | 0.97 | +15.31 |
Loading charts...
Drawdowns
XWEV.L vs. MVOL.L - Drawdown Comparison
The maximum XWEV.L drawdown since its inception was -14.23%, smaller than the maximum MVOL.L drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for XWEV.L and MVOL.L.
Loading charts...
Drawdown Indicators
| XWEV.L | MVOL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.23% | -28.82% | +14.59% |
Max Drawdown (1Y)Largest decline over 1 year | -10.37% | -5.78% | -4.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.82% | — |
Current DrawdownCurrent decline from peak | -0.91% | -3.54% | +2.63% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -3.30% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 2.45% | +0.22% |
Volatility
XWEV.L vs. MVOL.L - Volatility Comparison
Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) has a higher volatility of 5.20% compared to iShares Edge MSCI World Minimum Volatility UCITS (MVOL.L) at 1.86%. This indicates that XWEV.L's price experiences larger fluctuations and is considered to be riskier than MVOL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XWEV.L | MVOL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.20% | 1.86% | +3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 5.52% | +6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.19% | 7.77% | +7.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.10% | 10.64% | +4.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 11.65% | +3.45% |
XWEV.L vs. MVOL.L - Expense Ratio Comparison
XWEV.L has a 0.25% expense ratio, which is lower than MVOL.L's 0.35% expense ratio.
Dividends
XWEV.L vs. MVOL.L - Dividend Comparison
Neither XWEV.L nor MVOL.L has paid dividends to shareholders.
Frequently Asked Questions
XWEV.L and MVOL.L have a correlation of 0.47, 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 0.35% for MVOL.L.
XWEV.L tracks MSCI World Value Low Carbon SRI Screened Select, while MVOL.L tracks MSCI ACWI NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XWEV.L and 0.35% for MVOL.L.
Find the right allocation for XWEV.L and MVOL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer