XWQS.L vs. V3PB.L

Last updated Jun 5, 2026

XWQS.L (Xtrackers MSCI World Quality ESG UCITS ETF 1C) and V3PB.L (Vanguard ESG Developed Asia Pacific All Cap UCITS ETF USD Accumulating) are both exchange-traded funds - XWQS.L is a ESG fund tracking the MSCI World Quality Low Carbon SRI Screened Select Index, while V3PB.L is a Asia Pacific Equities fund tracking the FTSE Developed Asia Pacific All Cap Choice Index. Both are passively managed. Over the past year, XWQS.L returned 27.33% vs 54.32% for V3PB.L. A 0.59 correlation means they provide meaningful diversification when combined. XWQS.L charges 0.25%/yr vs 0.17%/yr for V3PB.L.

Performance

XWQS.L vs. V3PB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) and Vanguard ESG Developed Asia Pacific All Cap UCITS ETF USD Accumulating (V3PB.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XWQS.L achieves a 9.17% return, which is significantly lower than V3PB.L's 30.39% return.

XWQS.L

• 1D: 0.98%
• 1M: 4.52%
• YTD: 9.17%
• 6M: 10.62%
• 1Y: 27.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

V3PB.L

• 1D: -2.23%
• 1M: 10.60%
• YTD: 30.39%
• 6M: 32.51%
• 1Y: 54.32%
• 3Y*: 19.25%
• 5Y*: —
• 10Y*: —

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

XWQS.L vs. V3PB.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%
V3PB.L Vanguard ESG Developed Asia Pacific All Cap UCITS ETF USD Accumulating	30.39%	21.87%	3.24%	5.95%

Correlation

The correlation between XWQS.L and V3PB.L is 0.58, 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	0.58
Correlation (All Time) Calculated using the full available price history since Jul 6, 2023	0.60

The correlation between XWQS.L and V3PB.L has been stable across timeframes, ranging from 0.58 to 0.59 - a consistent structural relationship.

Return for Risk

XWQS.L vs. V3PB.L — Risk / Return Rank

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

XWQS.L

XWQS.L Risk / Return Rank: 77
XWQS.L Sharpe Ratio Rank: 78
XWQS.L Sortino Ratio Rank: 81
XWQS.L Omega Ratio Rank: 78
XWQS.L Calmar Ratio Rank: 71
XWQS.L Martin Ratio Rank: 76

V3PB.L

V3PB.L Risk / Return Rank: 87
V3PB.L Sharpe Ratio Rank: 90
V3PB.L Sortino Ratio Rank: 89
V3PB.L Omega Ratio Rank: 90
V3PB.L Calmar Ratio Rank: 84
V3PB.L Martin Ratio Rank: 82

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.

XWQS.L vs. V3PB.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 Vanguard ESG Developed Asia Pacific All Cap UCITS ETF USD Accumulating (V3PB.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	V3PB.L	Difference
Sharpe ratio: Return per unit of total volatility	2.48	3.00	-0.52
Sortino ratio: Return per unit of downside risk	3.55	3.99	-0.44
Omega ratio: Gain probability vs. loss probability	1.46	1.56	-0.11
Calmar ratio: Return relative to maximum drawdown	3.48	4.52	-1.04
Martin ratio: Return relative to average drawdown	14.34	16.28	-1.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XWQS.L vs. V3PB.L - Sharpe Ratio Comparison

The current XWQS.L Sharpe Ratio is 2.48, which is comparable to the V3PB.L Sharpe Ratio of 3.00. The chart below compares the historical Sharpe Ratios of XWQS.L and V3PB.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.

Sharpe Ratios by Period

	XWQS.L	V3PB.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	3.00	-0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.94	-0.50

Drawdowns

XWQS.L vs. V3PB.L - Drawdown Comparison

The maximum XWQS.L drawdown since its inception was -23.95%, which is greater than V3PB.L's maximum drawdown of -15.03%. Use the drawdown chart below to compare losses from any high point for XWQS.L and V3PB.L.

Drawdown Indicators

	XWQS.L	V3PB.L	Difference
Max Drawdown Largest peak-to-trough decline	-23.95%	-15.03%	-8.92%
Max Drawdown (1Y) Largest decline over 1 year	-7.82%	-11.95%	+4.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.03%	—
Current Drawdown Current decline from peak	0.00%	-2.23%	+2.23%
Average Drawdown Average peak-to-trough decline	-7.12%	-3.40%	-3.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	3.33%	-1.43%

Volatility

XWQS.L vs. V3PB.L - Volatility Comparison

The current volatility for Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWQS.L) is 2.97%, while Vanguard ESG Developed Asia Pacific All Cap UCITS ETF USD Accumulating (V3PB.L) has a volatility of 7.65%. This indicates that XWQS.L experiences smaller price fluctuations and is considered to be less risky than V3PB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XWQS.L	V3PB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	7.65%	-4.68%
Volatility (6M) Calculated over the trailing 6-month period	7.99%	15.68%	-7.69%
Volatility (1Y) Calculated over the trailing 1-year period	10.96%	18.00%	-7.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.61%	15.95%	+2.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.61%	15.95%	+2.66%

XWQS.L vs. V3PB.L - Expense Ratio Comparison

XWQS.L has a 0.25% expense ratio, which is higher than V3PB.L's 0.17% 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

XWQS.L vs. V3PB.L - Dividend Comparison

Neither XWQS.L nor V3PB.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XWQS.L and V3PB.L in my portfolio?

XWQS.L and V3PB.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XWQS.L or V3PB.L?

On fees, V3PB.L is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XWQS.L or V3PB.L?

V3PB.L is cheaper with a 0.17% expense ratio, compared with 0.25% for XWQS.L.

What is the main difference between XWQS.L and V3PB.L?

XWQS.L is categorized as ESG, while V3PB.L is Asia Pacific Equities. XWQS.L tracks MSCI World Quality Low Carbon SRI Screened Select Index, while V3PB.L tracks FTSE Developed Asia Pacific All Cap Choice Index. They also come from different issuers: Xtrackers and Vanguard. Their fees differ too: 0.25% for XWQS.L and 0.17% for V3PB.L.