IE000IDLWOL4 — Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 2c Eur Hedged IE000IDLWOL4 · Equity · United States · Large cap · Risk parity · Sustainable / ESG
IE0004MFRED4 — Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 1c IE0004MFRED4 · Equity · United States · Large cap · Risk parity · Sustainable / ESG
Comparison window: 17 May 2023 → 8 Sept 2026 (max: from the most recent launch) · currency: 🇪🇺 EUR · inflation: 🇮🇹 Italy · distributions: reinvested where declared
Report produced on 10 September 2026 · data as of the dates shown per section Sources: official issuer documents (KID, factsheet, declared NAV series and holdings), ESMA register, ECB rates, Eurostat Public methodology: rebalix.com/en/methodology
Informational document generated by rebalix.com — facts side by side, no recommendations. It does not constitute investment advice or investment research under Directive 2014/65/EU (MiFID II). Past performance is not indicative of future results.
RebalixIE000IDLWOL4 vs IE0004MFRED4 · report of 10 September 2026
The funds at a glance
From official issuer documents and the ESMA register
IE000IDLWOL4IE000IDLWOL4Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 2c Eur HedgedEquity · United States · Large cap · Risk parity · Sustainable / ESG
Declared index
S&P 500 Equal Weight Scored & Screened Index (USD)
TER
0.22%
Transaction (KID)
0.07%
Fund size
3.1 mld EUR
Launch
17 May 2023
Currency
EUR
Replication
Physical
Hedging
Yes — in EUR
Holdings
293
Effective 🇮🇹 rate
—
IE0004MFRED4IE0004MFRED4Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 1cEquity · United States · Large cap · Risk parity · Sustainable / ESG
Declared index
S&P 500 Equal Weight Scored & Screened Index (USD)
TER
0.17%
Transaction (KID)
0.07%
Fund size
3.1 mld EUR
Launch
6 Dec 2022
Currency
USD
Replication
Physical
Hedging
No
Holdings
293
Effective 🇮🇹 rate
—
Tracking difference — year by year
Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
IE000IDLWOL4n/d
hedged class: the published index is unhedged, the gap would measure the exchange rate
—
IE0004MFRED43y avg: +0.15%/anno
2025
+0.15%
2024
+0.12%
2023
+0.18%
Rebalix · IE000IDLWOL4 vs IE0004MFRED4section 1 of 4
RebalixIE000IDLWOL4 vs IE0004MFRED4 · report of 10 September 2026
IE000IDLWOL4 — Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 2c Eur Hedged · IE000IDLWOL4 · Equity · United States · Large cap · Risk parity · Sustainable / ESG
IE0004MFRED4 — Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 1c · IE0004MFRED4 · Equity · United States · Large cap · Risk parity · Sustainable / ESG
Performance over the period, in euro
From 17 May 2023 to 8 Sept 2026 · base 100 · ECB rates, dividends reinvested where declared
In euro (nominal)
In today’s purchasing power (net of Italy inflation)
Same scale in both panels: the gap between endpoints is Italian inflation over the period (Eurostat). Volatility stays nominal, as everywhere on the site.
How far they fell — drawdown from peak (nominal)
In euro · distance from the previous peak, day by day, on NAV: for distributing classes it includes ex-dividend drops (slightly deeper than total return)
Filled area: IE000IDLWOL4; thin lines: the other funds.
The worst episode, fund by fund
Fund
Max drawdown
Trough
Recovery time
Underwater
IE000IDLWOL4
−19.4%
08 Apr 2025
156 days
286 days · back to break-even on 11 Sept 2025
IE0004MFRED4
−22.4%
08 Apr 2025
318 days
452 days · back to break-even on 20 Feb 2026
"Recovery time" = the climb only: trough to break-even (0%). "Underwater" = decline + recovery: peak to break-even.
Drawdown net of Italy inflation
Same curve in purchasing-power terms: as on the site, drawdown follows the real view (volatility stays nominal, per methodology)
In real terms declines are deeper and recoveries slower. Monthly price index (Eurostat), held at the last published value.
Rebalix · IE000IDLWOL4 vs IE0004MFRED4section 2 of 4
RebalixIE000IDLWOL4 vs IE0004MFRED4 · report of 10 September 2026
IE000IDLWOL4 — Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 2c Eur Hedged · IE000IDLWOL4 · Equity · United States · Large cap · Risk parity · Sustainable / ESG
IE0004MFRED4 — Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 1c · IE0004MFRED4 · Equity · United States · Large cap · Risk parity · Sustainable / ESG
Geographic composition
% of portfolio, from full declared holdings
Sector composition
GICS sectors, same sources and dates
Portfolio overlap
288 common holdings · ticker match on full official portfolios
How the shared part is computed: for each security held by both funds, only the SMALLER of the two weights counts — a stock at 5% in one fund and 1% in the other overlaps by 1%, not 5%. Summed over all 288 common holdings this gives 100.0%: buying both funds, roughly this share of your money buys the same stocks twice. Matching is by company (one issuer does not publish security identifiers): identical holdings written differently may be missed, so the real overlap can be higher than shown.
Rebalix · IE000IDLWOL4 vs IE0004MFRED4section 3 of 4
RebalixIE000IDLWOL4 vs IE0004MFRED4 · report of 10 September 2026
Full comparison table
"—" = not published by the source, never estimated
IE000IDLWOL4 — Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 2c Eur Hedged · IE000IDLWOL4 · Equity · United States · Large cap · Risk parity · Sustainable / ESG
IE0004MFRED4 — Xtrackers S P 500 Equal Weight Scored Screened UCITS ETF 1c · IE0004MFRED4 · Equity · United States · Large cap · Risk parity · Sustainable / ESG
Metric
IE000IDLWOL4
IE0004MFRED4
Note
Identity
Category
Equity · United States · Large cap · Risk parity · Sustainable / ESG
Equity · United States · Large cap · Risk parity · Sustainable / ESG
Rebalix engine classification
Replication
Physical
Physical
as declared by the issuer
Currency hedging
Yes — hedged to EUR
No
source: class name, factsheet
Income policy
accumulating
accumulating
—
Costs
TER
0.22%
0.17%
from the KID
Transaction costs (KID)
0.07%
0.07%
internal
All-in cost
0.29%
0.24%
TER + transaction
Tracking difference (3a)
—
+0.15%
vs its OWN index
Performance in euro (ECB rates)
1 year
+17.6%
+20.9%
—
3 years
+46.0%
+43.4%
—
5 years
—
—
—
10 years
—
—
— = series younger than the window
Risk · last 3 years
Volatility (ann.)
+13.89%
+13.93%
—
Max drawdown
−19.37%
−19.03%
—
Sharpe
0.73
0.88
risk-free = ECB MRO avg
Sortino
1.07
1.30
like Sharpe, downside only
Italian taxation
Effective capital-gains rate
—
—
white list, current half-year
Documents & exchanges
Listing venues
9
9
ESMA register
Borsa Italiana ticker
XEWE
XZEW
—
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~184 euro IE000IDLWOL4 · ~152 euro IE0004MFRED4. Broker costs not included.
Disclaimer
This document is for information only and does not constitute investment advice under Directive 2014/65/EU (MiFID II), investment research, a personal recommendation, or an offer or solicitation to buy or sell financial instruments.
Past performance is not indicative of, nor a guarantee of, future results. The value of an investment can go down as well as up and investors may not get back the capital invested. Euro returns are affected by currency fluctuations.
Before any investment decision, read the KID and the Prospectus, available from the issuers. Tax treatment depends on individual circumstances and may change.
Data come from official issuer documents and public registers, following the public methodology at rebalix.com/en/methodology. "—" fields were not published by the source and have not been estimated. Rebalix receives no compensation from the issuers mentioned.
Rebalix · IE000IDLWOL4 vs IE0004MFRED4section 4 of 4