XXTW.L vs. ^NDX
Compare and contrast key facts about Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L) and NASDAQ 100 (^NDX).
XXTW.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World Information Technology 20/35 Custom index. It was launched on Mar 9, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XXTW.L or ^NDX.
Key characteristics
| XXTW.L | ^NDX | |
|---|---|---|
| YTD Return | 31.64% | 25.23% |
| 1Y Return | 37.97% | 36.09% |
| 3Y Return (Ann) | 3.88% | 9.20% |
| 5Y Return (Ann) | 16.84% | 20.68% |
| 10Y Return (Ann) | 16.84% | 17.48% |
| Sharpe Ratio | 1.94 | 2.04 |
| Sortino Ratio | 2.56 | 2.70 |
| Omega Ratio | 1.33 | 1.37 |
| Calmar Ratio | 1.76 | 2.63 |
| Martin Ratio | 7.90 | 9.50 |
| Ulcer Index | 4.80% | 3.76% |
| Daily Std Dev | 19.49% | 17.54% |
| Max Drawdown | -36.07% | -82.90% |
| Current Drawdown | 0.00% | -0.22% |
Correlation
The correlation between XXTW.L and ^NDX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XXTW.L vs. ^NDX - Performance Comparison
In the year-to-date period, XXTW.L achieves a 31.64% return, which is significantly higher than ^NDX's 25.23% return. Both investments have delivered pretty close results over the past 10 years, with XXTW.L having a 16.84% annualized return and ^NDX not far ahead at 17.48%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
XXTW.L vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L) and NASDAQ 100 (^NDX). 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.
Drawdowns
XXTW.L vs. ^NDX - Drawdown Comparison
The maximum XXTW.L drawdown since its inception was -36.07%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for XXTW.L and ^NDX. For additional features, visit the drawdowns tool.
Volatility
XXTW.L vs. ^NDX - Volatility Comparison
Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L) has a higher volatility of 5.48% compared to NASDAQ 100 (^NDX) at 5.15%. This indicates that XXTW.L's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.