XWEV.L vs. XNAS.L
XWEV.L (Xtrackers MSCI World Value ESG UCITS ETF 1C) and XNAS.L (Xtrackers NASDAQ 100 UCITS ETF) are both exchange-traded funds - XWEV.L is a Global Equities fund tracking the MSCI World Value Low Carbon SRI Screened Select, while XNAS.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past year, XWEV.L returned 43.60% vs 38.15% for XNAS.L. A 0.73 correlation means they provide meaningful diversification when combined. XWEV.L charges 0.25%/yr vs 0.20%/yr for XNAS.L.
Performance
XWEV.L vs. XNAS.L - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XWEV.L having a 18.20% return and XNAS.L slightly higher at 19.02%.
XWEV.L
- 1D
- -0.36%
- 1M
- 5.85%
- YTD
- 18.20%
- 6M
- 20.60%
- 1Y
- 43.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XNAS.L
- 1D
- -0.91%
- 1M
- 3.35%
- YTD
- 19.02%
- 6M
- 21.19%
- 1Y
- 38.15%
- 3Y*
- 26.41%
- 5Y*
- 24.90%
- 10Y*
- —
XWEV.L vs. XNAS.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% |
XNAS.L Xtrackers NASDAQ 100 UCITS ETF | 19.02% | 19.82% | 26.59% | 11.59% |
Correlation
The correlation between XWEV.L and XNAS.L is 0.79, 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 | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023 | 0.73 |
The correlation between XWEV.L and XNAS.L has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.
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Return for Risk
XWEV.L vs. XNAS.L — Risk / Return Rank
XWEV.L
XNAS.L
XWEV.L vs. XNAS.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 NASDAQ 100 UCITS ETF (XNAS.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 | XNAS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.40 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | 3.48 | +0.70 |
| Martin ratioReturn relative to average drawdown | 16.28 | 12.15 | +4.13 |
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Drawdowns
XWEV.L vs. XNAS.L - Drawdown Comparison
The maximum XWEV.L drawdown since its inception was -14.23%, smaller than the maximum XNAS.L drawdown of -34.26%. Use the drawdown chart below to compare losses from any high point for XWEV.L and XNAS.L.
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Drawdown Indicators
| XWEV.L | XNAS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.23% | -34.26% | +20.03% |
Max Drawdown (1Y)Largest decline over 1 year | -10.37% | -10.91% | +0.54% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.92% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.52% | — |
Current DrawdownCurrent decline from peak | -0.91% | -1.30% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -10.33% | +8.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 3.13% | -0.46% |
Volatility
XWEV.L vs. XNAS.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) is 5.20%, while Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) has a volatility of 6.66%. This indicates that XWEV.L experiences smaller price fluctuations and is considered to be less risky than XNAS.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 | XNAS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.20% | 6.66% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 12.96% | -0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.19% | 16.68% | -1.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.10% | 22.80% | -7.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 25.26% | -10.16% |
XWEV.L vs. XNAS.L - Expense Ratio Comparison
XWEV.L has a 0.25% expense ratio, which is higher than XNAS.L'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
XWEV.L vs. XNAS.L - Dividend Comparison
Neither XWEV.L nor XNAS.L has paid dividends to shareholders.
Frequently Asked Questions
XWEV.L and XNAS.L have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNAS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNAS.L is cheaper with a 0.20% expense ratio, compared with 0.25% for XWEV.L.
XWEV.L is categorized as Global Equities, while XNAS.L is Nasdaq-100. XWEV.L tracks MSCI World Value Low Carbon SRI Screened Select, while XNAS.L tracks NASDAQ-100 Index. Their fees differ too: 0.25% for XWEV.L and 0.20% for XNAS.L.
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