XWEV.L vs. XDEV.L
XWEV.L (Xtrackers MSCI World Value ESG UCITS ETF 1C) and XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds - XWEV.L tracks the MSCI World Value Low Carbon SRI Screened Select while XDEV.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past year, XWEV.L returned 43.60% vs 64.36% for XDEV.L. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
XWEV.L vs. XDEV.L - Performance Comparison
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Different Trading Currencies
XWEV.L is traded in USD, while XDEV.L is traded in GBp. To make them comparable, the XDEV.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XWEV.L achieves a 18.20% return, which is significantly lower than XDEV.L's 34.54% return.
XWEV.L
- 1D
- -0.36%
- 1M
- 5.85%
- YTD
- 18.20%
- 6M
- 20.60%
- 1Y
- 43.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDEV.L
- 1D
- -0.48%
- 1M
- 8.46%
- YTD
- 34.54%
- 6M
- 36.81%
- 1Y
- 64.36%
- 3Y*
- 28.38%
- 5Y*
- 16.78%
- 10Y*
- 12.98%
XWEV.L vs. XDEV.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% |
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C | 34.54% | 40.36% | 5.01% | 7.46% |
Correlation
The correlation between XWEV.L and XDEV.L is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023 | 0.87 |
The correlation between XWEV.L and XDEV.L has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.
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Return for Risk
XWEV.L vs. XDEV.L — Risk / Return Rank
XWEV.L
XDEV.L
XWEV.L vs. XDEV.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 Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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 | XDEV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.74 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | 7.34 | -3.15 |
| Martin ratioReturn relative to average drawdown | 16.28 | 27.86 | -11.58 |
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Drawdowns
XWEV.L vs. XDEV.L - Drawdown Comparison
The maximum XWEV.L drawdown since its inception was -14.23%, smaller than the maximum XDEV.L drawdown of -50.32%. Use the drawdown chart below to compare losses from any high point for XWEV.L and XDEV.L.
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Drawdown Indicators
| XWEV.L | XDEV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.23% | -50.32% | +36.09% |
Max Drawdown (1Y)Largest decline over 1 year | -10.37% | -8.73% | -1.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.80% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.72% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.02% | — |
Current DrawdownCurrent decline from peak | -0.91% | -0.58% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -21.91% | +19.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 2.30% | +0.37% |
Volatility
XWEV.L vs. XDEV.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) is 5.20%, while Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) has a volatility of 6.32%. This indicates that XWEV.L experiences smaller price fluctuations and is considered to be less risky than XDEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XWEV.L | XDEV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.20% | 6.32% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 12.76% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.19% | 15.45% | -0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.10% | 20.81% | -5.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 22.16% | -7.06% |
XWEV.L vs. XDEV.L - Expense Ratio Comparison
Both XWEV.L and XDEV.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XWEV.L vs. XDEV.L - Dividend Comparison
Neither XWEV.L nor XDEV.L has paid dividends to shareholders.
Frequently Asked Questions
XWEV.L and XDEV.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XWEV.L and XDEV.L have the same expense ratio: 0.25% per year.
XWEV.L tracks MSCI World Value Low Carbon SRI Screened Select, while XDEV.L tracks MSCI ACWI Value NR USD. They also come from different issuers: Xtrackers and DWS.
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