XZW0.DE vs. TSLX

Last updated Jun 5, 2026

XZW0.DE (Xtrackers MSCI World ESG UCITS ETF 1C) is Global Equities fund tracking the MSCI World Low Carbon SRI Leaders, while TSLX (Sixth Street Specialty Lending, Inc.) is a stock. Over the past 5 years, XZW0.DE returned 12.44%/yr vs 6.28%/yr for TSLX. At a 0.32 correlation, their price movements are largely independent.

Performance

XZW0.DE vs. TSLX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI World ESG UCITS ETF 1C (XZW0.DE) and Sixth Street Specialty Lending, Inc. (TSLX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XZW0.DE is traded in EUR, while TSLX is traded in USD. To make them comparable, the TSLX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XZW0.DE achieves a 7.60% return, which is significantly higher than TSLX's -15.49% return.

XZW0.DE

• 1D: 0.53%
• 1M: 4.77%
• YTD: 7.60%
• 6M: 8.79%
• 1Y: 20.15%
• 3Y*: 16.56%
• 5Y*: 12.44%
• 10Y*: —

TSLX

• 1D: 2.17%
• 1M: -9.25%
• YTD: -15.49%
• 6M: -16.63%
• 1Y: -18.14%
• 3Y*: 5.00%
• 5Y*: 6.28%
• 10Y*: 11.60%

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

XZW0.DE vs. TSLX - 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%
TSLX Sixth Street Specialty Lending, Inc.	-15.49%	-1.71%	16.01%	31.23%	-11.19%	42.23%	0.73%	32.54%	6.49%

Correlation

The correlation between XZW0.DE and TSLX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since May 14, 2018	0.32

Return for Risk

XZW0.DE vs. TSLX — Risk / Return Rank

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

XZW0.DE

XZW0.DE Risk / Return Rank: 46
XZW0.DE Sharpe Ratio Rank: 48
XZW0.DE Sortino Ratio Rank: 47
XZW0.DE Omega Ratio Rank: 48
XZW0.DE Calmar Ratio Rank: 40
XZW0.DE Martin Ratio Rank: 45

TSLX

TSLX Risk / Return Rank: 16
TSLX Sharpe Ratio Rank: 12
TSLX Sortino Ratio Rank: 14
TSLX Omega Ratio Rank: 15
TSLX Calmar Ratio Rank: 20
TSLX Martin Ratio Rank: 17

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.

XZW0.DE vs. TSLX - 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 Sixth Street Specialty Lending, Inc. (TSLX). 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	TSLX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	-0.72	+2.35
Sortino ratio: Return per unit of downside risk	2.30	-0.86	+3.16
Omega ratio: Gain probability vs. loss probability	1.30	0.89	+0.41
Calmar ratio: Return relative to maximum drawdown	1.95	-0.62	+2.57
Martin ratio: Return relative to average drawdown	7.27	-1.22	+8.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XZW0.DE vs. TSLX - Sharpe Ratio Comparison

The current XZW0.DE Sharpe Ratio is 1.63, which is higher than the TSLX Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of XZW0.DE and TSLX, 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

	XZW0.DE	TSLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	-0.72	+2.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.32	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.57	+0.23

Drawdowns

XZW0.DE vs. TSLX - Drawdown Comparison

The maximum XZW0.DE drawdown since its inception was -33.22%, smaller than the maximum TSLX drawdown of -50.01%. Use the drawdown chart below to compare losses from any high point for XZW0.DE and TSLX.

Drawdown Indicators

	XZW0.DE	TSLX	Difference
Max Drawdown Largest peak-to-trough decline	-33.22%	-50.01%	+16.79%
Max Drawdown (1Y) Largest decline over 1 year	-10.30%	-29.33%	+19.03%
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	-29.47%	+7.11%
Max Drawdown (5Y) Largest decline over 5 years	-22.36%	-29.47%	+7.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-50.01%	—
Current Drawdown Current decline from peak	-0.58%	-24.81%	+24.23%
Average Drawdown Average peak-to-trough decline	-5.11%	-7.94%	+2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	14.95%	-12.19%

Volatility

XZW0.DE vs. TSLX - Volatility Comparison

The current volatility for Xtrackers MSCI World ESG UCITS ETF 1C (XZW0.DE) is 3.11%, while Sixth Street Specialty Lending, Inc. (TSLX) has a volatility of 12.65%. This indicates that XZW0.DE experiences smaller price fluctuations and is considered to be less risky than TSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XZW0.DE	TSLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	12.65%	-9.54%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	21.11%	-12.24%
Volatility (1Y) Calculated over the trailing 1-year period	12.32%	25.36%	-13.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	19.92%	-5.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.38%	22.02%	-5.64%

Dividends

XZW0.DE vs. TSLX - Dividend Comparison

XZW0.DE has not paid dividends to shareholders, while TSLX's dividend yield for the trailing twelve months is around 10.92%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TSLX Sixth Street Specialty Lending, Inc.	10.92%	9.44%	9.81%	9.72%	10.34%	15.35%	11.08%	8.43%	9.84%	8.84%	8.35%	9.62%
XZW0.DE Xtrackers MSCI World ESG UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XZW0.DE and TSLX in my portfolio?

XZW0.DE and TSLX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.