XZW0.DE vs. XCTW.DE
XZW0.DE (Xtrackers MSCI World ESG UCITS ETF 1C) and XCTW.DE (Xtrackers MSCI World Climate Transition UCITS ETF) are both Global Equities funds - XZW0.DE tracks the MSCI World Low Carbon SRI Leaders while XCTW.DE tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 3 years, XZW0.DE returned 16.56%/yr vs 16.67%/yr for XCTW.DE. With a 0.96 correlation, they move nearly in lockstep. XZW0.DE charges 0.20%/yr vs 0.19%/yr for XCTW.DE.
Performance
XZW0.DE vs. XCTW.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 lower than XCTW.DE's 9.85% 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*
- —
XCTW.DE
- 1D
- 0.05%
- 1M
- 3.46%
- YTD
- 9.85%
- 6M
- 9.83%
- 1Y
- 22.67%
- 3Y*
- 16.67%
- 5Y*
- —
- 10Y*
- —
XZW0.DE vs. XCTW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XZW0.DE Xtrackers MSCI World ESG UCITS ETF 1C | 7.60% | 6.65% | 27.16% | 15.65% |
XCTW.DE Xtrackers MSCI World Climate Transition UCITS ETF | 9.85% | 7.28% | 25.26% | 12.68% |
Correlation
The correlation between XZW0.DE and XCTW.DE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023 | 0.96 |
The correlation between XZW0.DE and XCTW.DE has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
XZW0.DE vs. XCTW.DE — Risk / Return Rank
XZW0.DE
XCTW.DE
XZW0.DE vs. XCTW.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 Xtrackers MSCI World Climate Transition UCITS ETF (XCTW.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 | XCTW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 2.94 | -0.99 |
| Martin ratioReturn relative to average drawdown | 7.27 | 11.85 | -4.58 |
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 | XCTW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 1.96 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 1.29 | -0.49 |
Drawdowns
XZW0.DE vs. XCTW.DE - Drawdown Comparison
The maximum XZW0.DE drawdown since its inception was -33.22%, which is greater than XCTW.DE's maximum drawdown of -21.64%. Use the drawdown chart below to compare losses from any high point for XZW0.DE and XCTW.DE.
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Drawdown Indicators
| XZW0.DE | XCTW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.22% | -21.64% | -11.58% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | -7.72% | -2.58% |
Max Drawdown (3Y)Largest decline over 3 years | -22.36% | -21.64% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -22.36% | — | — |
Current DrawdownCurrent decline from peak | -0.58% | -0.31% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -5.11% | -2.65% | -2.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 1.92% | +0.84% |
Volatility
XZW0.DE vs. XCTW.DE - Volatility Comparison
Xtrackers MSCI World ESG UCITS ETF 1C (XZW0.DE) has a higher volatility of 3.11% compared to Xtrackers MSCI World Climate Transition UCITS ETF (XCTW.DE) at 2.68%. This indicates that XZW0.DE's price experiences larger fluctuations and is considered to be riskier than XCTW.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 | XCTW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 2.68% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 8.87% | 8.12% | +0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.32% | 11.55% | +0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.88% | 13.16% | +1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.38% | 13.16% | +3.22% |
XZW0.DE vs. XCTW.DE - Expense Ratio Comparison
XZW0.DE has a 0.20% expense ratio, which is higher than XCTW.DE's 0.19% 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
XZW0.DE vs. XCTW.DE - Dividend Comparison
Neither XZW0.DE nor XCTW.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, XZW0.DE and XCTW.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XCTW.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XCTW.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for XZW0.DE.
XZW0.DE tracks MSCI World Low Carbon SRI Leaders, while XCTW.DE tracks MSCI ACWI NR USD. They also come from different issuers: Xtrackers and DWS. Their fees differ too: 0.20% for XZW0.DE and 0.19% for XCTW.DE.
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