XZW0.DE vs. IQQ0.DE
XZW0.DE (Xtrackers MSCI World ESG UCITS ETF 1C) and IQQ0.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)) are both Global Equities funds - XZW0.DE tracks the MSCI World Low Carbon SRI Leaders while IQQ0.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, XZW0.DE returned 12.44%/yr vs 6.14%/yr for IQQ0.DE. A 0.71 correlation means they provide meaningful diversification when combined. XZW0.DE charges 0.20%/yr vs 0.30%/yr for IQQ0.DE.
Performance
XZW0.DE vs. IQQ0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZW0.DE achieves a 7.60% return, which is significantly higher than IQQ0.DE's 1.59% return.
XZW0.DE
- 1D
- 0.53%
- 1M
- 3.19%
- YTD
- 7.60%
- 6M
- 8.16%
- 1Y
- 20.03%
- 3Y*
- 16.56%
- 5Y*
- 12.44%
- 10Y*
- —
IQQ0.DE
- 1D
- -0.02%
- 1M
- 1.81%
- YTD
- 1.59%
- 6M
- 1.63%
- 1Y
- 0.25%
- 3Y*
- 6.35%
- 5Y*
- 6.14%
- 10Y*
- 6.81%
XZW0.DE vs. IQQ0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XZW0.DE Xtrackers MSCI World ESG UCITS ETF 1C | 7.60% | 6.65% | 27.16% | 22.75% | -16.66% | 37.46% | 5.71% | 33.05% | -6.04% |
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) | 1.59% | -1.26% | 17.64% | 3.73% | -4.34% | 24.26% | -6.77% | 26.17% | 2.27% |
Correlation
The correlation between XZW0.DE and IQQ0.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since May 14, 2018 | 0.71 |
Over the past year, the correlation between XZW0.DE and IQQ0.DE has dropped to 0.33 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
XZW0.DE vs. IQQ0.DE — Risk / Return Rank
XZW0.DE
IQQ0.DE
XZW0.DE vs. IQQ0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World ESG UCITS ETF 1C (XZW0.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.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.
| XZW0.DE | IQQ0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.66 | ||
| Sortino ratioReturn per unit of downside risk | +2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.00 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | -0.05 | +2.00 |
| Martin ratioReturn relative to average drawdown | 7.27 | -0.12 | +7.39 |
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
| XZW0.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | -0.04 | +1.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.60 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.76 | +0.04 |
Drawdowns
XZW0.DE vs. IQQ0.DE - Drawdown Comparison
The maximum XZW0.DE drawdown since its inception was -33.22%, which is greater than IQQ0.DE's maximum drawdown of -28.65%. Use the drawdown chart below to compare losses from any high point for XZW0.DE and IQQ0.DE.
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Drawdown Indicators
| XZW0.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.22% | -28.65% | -4.57% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | -5.22% | -5.08% |
Max Drawdown (3Y)Largest decline over 3 years | -22.36% | -12.82% | -9.54% |
Max Drawdown (5Y)Largest decline over 5 years | -22.36% | -12.82% | -9.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.65% | — |
Current DrawdownCurrent decline from peak | -0.58% | -6.65% | +6.07% |
Average DrawdownAverage peak-to-trough decline | -5.11% | -4.54% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 2.44% | +0.32% |
Volatility
XZW0.DE vs. IQQ0.DE - Volatility Comparison
Xtrackers MSCI World ESG UCITS ETF 1C (XZW0.DE) has a higher volatility of 3.11% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) at 2.53%. This indicates that XZW0.DE's price experiences larger fluctuations and is considered to be riskier than IQQ0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZW0.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 2.53% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 8.87% | 5.36% | +3.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.32% | 7.78% | +4.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.88% | 10.08% | +4.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.38% | 11.62% | +4.76% |
XZW0.DE vs. IQQ0.DE - Expense Ratio Comparison
XZW0.DE has a 0.20% expense ratio, which is lower than IQQ0.DE's 0.30% expense ratio.
Dividends
XZW0.DE vs. IQQ0.DE - Dividend Comparison
Neither XZW0.DE nor IQQ0.DE has paid dividends to shareholders.
Frequently Asked Questions
XZW0.DE and IQQ0.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZW0.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZW0.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for IQQ0.DE.
XZW0.DE tracks MSCI World Low Carbon SRI Leaders, while IQQ0.DE tracks MSCI World Minimum Volatility. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for XZW0.DE and 0.30% for IQQ0.DE.
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