XZEW.DE vs. XDWD.DE
XZEW.DE (Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - XZEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight ESG, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 3 years, XZEW.DE returned 12.65%/yr vs 17.56%/yr for XDWD.DE. Their correlation of 0.80 suggests significant overlap in exposure. XZEW.DE charges 0.17%/yr vs 0.19%/yr for XDWD.DE.
Performance
XZEW.DE vs. XDWD.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XZEW.DE having a 10.78% return and XDWD.DE slightly higher at 10.91%.
XZEW.DE
- 1D
- 0.38%
- 1M
- 4.75%
- YTD
- 10.78%
- 6M
- 11.99%
- 1Y
- 21.75%
- 3Y*
- 12.65%
- 5Y*
- —
- 10Y*
- —
XDWD.DE
- 1D
- -0.01%
- 1M
- 3.63%
- YTD
- 10.91%
- 6M
- 10.96%
- 1Y
- 23.80%
- 3Y*
- 17.56%
- 5Y*
- 12.89%
- 10Y*
- 12.83%
XZEW.DE vs. XDWD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XZEW.DE Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C | 10.78% | 1.09% | 18.02% | 10.63% | -3.60% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 10.91% | 7.85% | 25.98% | 20.18% | -3.79% |
Correlation
The correlation between XZEW.DE and XDWD.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | 0.80 |
The correlation between XZEW.DE and XDWD.DE shifts across timeframes, from 0.70 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XZEW.DE vs. XDWD.DE — Risk / Return Rank
XZEW.DE
XDWD.DE
XZEW.DE vs. XDWD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) and Xtrackers MSCI World UCITS ETF 1C (XDWD.DE). 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.
| XZEW.DE | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.40 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 3.63 | +0.70 |
| Martin ratioReturn relative to average drawdown | 12.75 | 14.44 | -1.69 |
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
| XZEW.DE | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 2.14 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.90 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.78 | -0.05 |
Drawdowns
XZEW.DE vs. XDWD.DE - Drawdown Comparison
The maximum XZEW.DE drawdown since its inception was -23.98%, smaller than the maximum XDWD.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for XZEW.DE and XDWD.DE.
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Drawdown Indicators
| XZEW.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.98% | -33.55% | +9.57% |
Max Drawdown (1Y)Largest decline over 1 year | -5.00% | -6.54% | +1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -23.98% | -21.64% | -2.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.55% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.33% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -4.55% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 1.65% | +0.05% |
Volatility
XZEW.DE vs. XDWD.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) is 2.12%, while Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) has a volatility of 2.60%. This indicates that XZEW.DE experiences smaller price fluctuations and is considered to be less risky than XDWD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZEW.DE | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 2.60% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 6.92% | 7.77% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.93% | 11.12% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.97% | 14.13% | -0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.97% | 15.16% | -1.19% |
XZEW.DE vs. XDWD.DE - Expense Ratio Comparison
XZEW.DE has a 0.17% expense ratio, which is lower than XDWD.DE's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XZEW.DE vs. XDWD.DE - Dividend Comparison
Neither XZEW.DE nor XDWD.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEW.DE and XDWD.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZEW.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZEW.DE is cheaper with a 0.17% expense ratio, compared with 0.19% for XDWD.DE.
XZEW.DE is categorized as S&P 500, while XDWD.DE is Global Equities. XZEW.DE tracks S&P 500 Equal Weight ESG, while XDWD.DE tracks MSCI World. Their fees differ too: 0.17% for XZEW.DE and 0.19% for XDWD.DE.
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