XWEV.L vs. XWQS.L

Last updated Jul 14, 2026

XWEV.L (Xtrackers MSCI World Value ESG UCITS ETF 1C) and XWQS.L (Xtrackers MSCI World Quality ESG UCITS ETF 1C) are both exchange-traded funds - XWEV.L is a Global Equities fund tracking the MSCI World Value Low Carbon SRI Screened Select, while XWQS.L is a ESG fund tracking the MSCI World Quality Low Carbon SRI Screened Select Index. Both are passively managed. Over the past 3 years, XWEV.L returned 22.60%/yr vs 8.77%/yr for XWQS.L. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

XWEV.L vs. XWQS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) and Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XWEV.L is traded in USD, while XWQS.L is traded in GBP. To make them comparable, the XWQS.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 17.47% return, which is significantly higher than XWQS.L's 11.17% return.

XWEV.L

• 1D: 0.00%
• 1M: 0.58%
• 6M: 14.54%
• YTD: 17.47%
• 1Y: 40.36%
• 3Y*: 22.60%
• 5Y*: —
• 10Y*: —

XWQS.L

• 1D: 0.00%
• 1M: 1.73%
• 6M: 8.07%
• YTD: 11.17%
• 1Y: 26.27%
• 3Y*: 8.77%
• 5Y*: —
• 10Y*: —

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

XWEV.L vs. XWQS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XWEV.L Xtrackers MSCI World Value ESG UCITS ETF 1C	17.47%	38.58%	6.98%	7.84%
XWQS.L Xtrackers MSCI World Quality ESG UCITS ETF 1C	11.17%	17.36%	18.93%	-12.65%

Correlation

The correlation between XWEV.L and XWQS.L is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023	0.76

The correlation between XWEV.L and XWQS.L has been stable across timeframes, ranging from 0.76 to 0.76 - a consistent structural relationship.

Return for Risk

XWEV.L vs. XWQS.L — Risk / Return Rank

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

XWEV.L

XWEV.L Risk / Return Rank: 90
XWEV.L Sharpe Ratio Rank: 93
XWEV.L Sortino Ratio Rank: 93
XWEV.L Omega Ratio Rank: 91
XWEV.L Calmar Ratio Rank: 86
XWEV.L Martin Ratio Rank: 88

XWQS.L

XWQS.L Risk / Return Rank: 36
XWQS.L Sharpe Ratio Rank: 22
XWQS.L Sortino Ratio Rank: 28
XWQS.L Omega Ratio Rank: 85
XWQS.L Calmar Ratio Rank: 27
XWQS.L Martin Ratio Rank: 18

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.

XWEV.L vs. XWQS.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 Quality ESG UCITS ETF 1C (XWQS.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	XWQS.L	Difference
Sharpe ratio: Return per unit of total volatility	2.62	0.60	+2.01
Sortino ratio: Return per unit of downside risk	3.71	1.28	+2.44
Omega ratio: Gain probability vs. loss probability	1.47	1.36	+0.11
Calmar ratio: Return relative to maximum drawdown	3.87	0.98	+2.89
Martin ratio: Return relative to average drawdown	14.68	1.54	+13.13

XWEV.L vs. XWQS.L - Sharpe Ratio Comparison

The current XWEV.L Sharpe Ratio is 2.62, which is higher than the XWQS.L Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of XWEV.L and XWQS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XWEV.L vs. XWQS.L - Drawdown Comparison

The maximum XWEV.L drawdown since its inception was -14.23%, smaller than the maximum XWQS.L drawdown of -29.52%. Use the drawdown chart below to compare losses from any high point for XWEV.L and XWQS.L.

Drawdown Indicators

	XWEV.L	XWQS.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.23%	-29.52%	+15.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-26.73%	+16.36%
Max Drawdown (3Y) Largest decline over 3 years	-14.23%	-29.52%	+15.29%
Current Drawdown Current decline from peak	-1.52%	-13.20%	+11.68%
Average Drawdown Average peak-to-trough decline	-2.33%	-11.41%	+9.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	17.01%	-14.27%

Volatility

XWEV.L vs. XWQS.L - Volatility Comparison

Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) has a higher volatility of 4.46% compared to Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) at 3.63%. This indicates that XWEV.L's price experiences larger fluctuations and is considered to be riskier than XWQS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XWEV.L	XWQS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	3.63%	+0.83%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	9.77%	+3.03%
Volatility (1Y) Calculated over the trailing 1-year period	15.39%	43.53%	-28.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.09%	30.66%	-15.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.09%	30.66%	-15.57%

XWEV.L vs. XWQS.L - Expense Ratio Comparison

Both XWEV.L and XWQS.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. XWQS.L - Dividend Comparison

Neither XWEV.L nor XWQS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XWEV.L and XWQS.L in my portfolio?

XWEV.L and XWQS.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XWEV.L or XWQS.L?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XWEV.L or XWQS.L?

XWEV.L and XWQS.L have the same expense ratio: 0.25% per year.

What is the main difference between XWEV.L and XWQS.L?

XWEV.L is categorized as Global Equities, while XWQS.L is ESG. XWEV.L tracks MSCI World Value Low Carbon SRI Screened Select, while XWQS.L tracks MSCI World Quality Low Carbon SRI Screened Select Index.