XWQS.L vs. MINV.L
XWQS.L (Xtrackers MSCI World Quality ESG UCITS ETF 1C) and MINV.L (iShares Edge MSCI World Minimum Volatility UCITS ETF) are both exchange-traded funds - XWQS.L is a ESG fund tracking the MSCI World Quality Low Carbon SRI Screened Select Index, while MINV.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past year, XWQS.L returned 27.33% vs 2.57% for MINV.L. At a 0.48 correlation, their price movements are largely independent. XWQS.L charges 0.25%/yr vs 0.35%/yr for MINV.L.
Performance
XWQS.L vs. MINV.L - Performance Comparison
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Different Trading Currencies
XWQS.L is traded in GBP, while MINV.L is traded in GBp. To make them comparable, the MINV.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, XWQS.L achieves a 9.17% return, which is significantly higher than MINV.L's 1.01% return.
XWQS.L
- 1D
- 0.98%
- 1M
- 4.52%
- YTD
- 9.17%
- 6M
- 10.62%
- 1Y
- 27.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MINV.L
- 1D
- 0.15%
- 1M
- 1.83%
- YTD
- 1.01%
- 6M
- 0.93%
- 1Y
- 2.57%
- 3Y*
- 6.54%
- 5Y*
- 6.32%
- 10Y*
- 7.86%
XWQS.L vs. MINV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XWQS.L Xtrackers MSCI World Quality ESG UCITS ETF 1C | 9.17% | 9.12% | 20.95% | -12.78% |
MINV.L iShares Edge MSCI World Minimum Volatility UCITS ETF | 1.01% | 3.37% | 12.86% | 3.77% |
Correlation
The correlation between XWQS.L and MINV.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2023 | 0.48 |
The correlation between XWQS.L and MINV.L shifts across timeframes, from 0.34 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XWQS.L vs. MINV.L — Risk / Return Rank
XWQS.L
MINV.L
XWQS.L vs. MINV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) and iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.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.
| XWQS.L | MINV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.16 | ||
| Sortino ratioReturn per unit of downside risk | +3.02 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.06 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | 0.41 | +3.08 |
| Martin ratioReturn relative to average drawdown | 14.34 | 1.10 | +13.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XWQS.L | MINV.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 0.32 | +2.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.66 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.83 | -0.39 |
Drawdowns
XWQS.L vs. MINV.L - Drawdown Comparison
The maximum XWQS.L drawdown since its inception was -23.95%, which is greater than MINV.L's maximum drawdown of -20.38%. Use the drawdown chart below to compare losses from any high point for XWQS.L and MINV.L.
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Drawdown Indicators
| XWQS.L | MINV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.95% | -20.38% | -3.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.82% | -6.31% | -1.51% |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -10.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.38% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.60% | +3.60% |
Average DrawdownAverage peak-to-trough decline | -7.12% | -3.74% | -3.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 2.33% | -0.43% |
Volatility
XWQS.L vs. MINV.L - Volatility Comparison
Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) has a higher volatility of 2.97% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF (MINV.L) at 2.55%. This indicates that XWQS.L's price experiences larger fluctuations and is considered to be riskier than MINV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XWQS.L | MINV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 2.55% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 5.92% | +2.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 7.92% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.61% | 9.70% | +8.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.61% | 11.85% | +6.76% |
XWQS.L vs. MINV.L - Expense Ratio Comparison
XWQS.L has a 0.25% expense ratio, which is lower than MINV.L's 0.35% expense ratio.
Dividends
XWQS.L vs. MINV.L - Dividend Comparison
Neither XWQS.L nor MINV.L has paid dividends to shareholders.
Frequently Asked Questions
XWQS.L and MINV.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XWQS.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XWQS.L is cheaper with a 0.25% expense ratio, compared with 0.35% for MINV.L.
XWQS.L is categorized as ESG, while MINV.L is Global Equities. XWQS.L tracks MSCI World Quality Low Carbon SRI Screened Select Index, while MINV.L tracks MSCI ACWI NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XWQS.L and 0.35% for MINV.L.
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