2B70.DE vs. DDOC.DE
2B70.DE (iShares Nasdaq US Biotechnology UCITS ETF) and DDOC.DE (Global X Telemedicine & Digital Health UCITS ETF Acc USD) are both Health & Biotech Equities funds - 2B70.DE tracks the Nasdaq Biotechnology while DDOC.DE tracks the Solactive Telemedicine & Digital Health. Both are passively managed. Over the past 5 years, 2B70.DE returned 5.68%/yr vs -9.54%/yr for DDOC.DE. A 0.65 correlation means they provide meaningful diversification when combined. 2B70.DE charges 0.35%/yr vs 0.68%/yr for DDOC.DE.
Performance
2B70.DE vs. DDOC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 2B70.DE achieves a 4.53% return, which is significantly higher than DDOC.DE's -1.35% return.
2B70.DE
- 1D
- 3.29%
- 1M
- 0.58%
- YTD
- 4.53%
- 6M
- 4.05%
- 1Y
- 39.50%
- 3Y*
- 10.00%
- 5Y*
- 5.68%
- 10Y*
- —
DDOC.DE
- 1D
- 4.54%
- 1M
- 8.73%
- YTD
- -1.35%
- 6M
- -5.71%
- 1Y
- 0.32%
- 3Y*
- -5.09%
- 5Y*
- -9.54%
- 10Y*
- —
2B70.DE vs. DDOC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
2B70.DE iShares Nasdaq US Biotechnology UCITS ETF | 4.53% | 18.62% | 4.60% | 2.56% | -6.29% | -3.60% |
DDOC.DE Global X Telemedicine & Digital Health UCITS ETF Acc USD | -1.35% | -2.99% | 3.18% | -14.12% | -25.03% | -20.13% |
Correlation
The correlation between 2B70.DE and DDOC.DE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2021 | 0.65 |
The correlation between 2B70.DE and DDOC.DE has been stable across timeframes, ranging from 0.55 to 0.65 - a consistent structural relationship.
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Return for Risk
2B70.DE vs. DDOC.DE — Risk / Return Rank
2B70.DE
DDOC.DE
2B70.DE vs. DDOC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq US Biotechnology UCITS ETF (2B70.DE) and Global X Telemedicine & Digital Health UCITS ETF Acc USD (DDOC.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.
| 2B70.DE | DDOC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.03 | ||
| Sortino ratioReturn per unit of downside risk | +2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.02 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 6.15 | 0.01 | +6.14 |
| Martin ratioReturn relative to average drawdown | 17.06 | 0.03 | +17.03 |
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
| 2B70.DE | DDOC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 0.02 | +2.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | -0.39 | +0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | -0.49 | +0.85 |
Drawdowns
2B70.DE vs. DDOC.DE - Drawdown Comparison
The maximum 2B70.DE drawdown since its inception was -30.87%, smaller than the maximum DDOC.DE drawdown of -59.88%. Use the drawdown chart below to compare losses from any high point for 2B70.DE and DDOC.DE.
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Drawdown Indicators
| 2B70.DE | DDOC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.87% | -59.88% | +29.01% |
Max Drawdown (1Y)Largest decline over 1 year | -6.33% | -22.33% | +16.00% |
Max Drawdown (3Y)Largest decline over 3 years | -29.34% | -32.67% | +3.33% |
Max Drawdown (5Y)Largest decline over 5 years | -30.87% | -53.96% | +23.09% |
Current DrawdownCurrent decline from peak | -1.26% | -51.22% | +49.96% |
Average DrawdownAverage peak-to-trough decline | -10.01% | -41.80% | +31.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 10.98% | -8.69% |
Volatility
2B70.DE vs. DDOC.DE - Volatility Comparison
iShares Nasdaq US Biotechnology UCITS ETF (2B70.DE) has a higher volatility of 6.65% compared to Global X Telemedicine & Digital Health UCITS ETF Acc USD (DDOC.DE) at 6.20%. This indicates that 2B70.DE's price experiences larger fluctuations and is considered to be riskier than DDOC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 2B70.DE | DDOC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 6.20% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 14.26% | 14.24% | +0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.09% | 20.70% | -1.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.34% | 24.10% | -3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.76% | 24.26% | -2.50% |
2B70.DE vs. DDOC.DE - Expense Ratio Comparison
2B70.DE has a 0.35% expense ratio, which is lower than DDOC.DE's 0.68% expense ratio.
Dividends
2B70.DE vs. DDOC.DE - Dividend Comparison
Neither 2B70.DE nor DDOC.DE has paid dividends to shareholders.
Frequently Asked Questions
2B70.DE and DDOC.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 2B70.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
2B70.DE is cheaper with a 0.35% expense ratio, compared with 0.68% for DDOC.DE.
2B70.DE tracks Nasdaq Biotechnology, while DDOC.DE tracks Solactive Telemedicine & Digital Health. They also come from different issuers: iShares and Global X. Their fees differ too: 0.35% for 2B70.DE and 0.68% for DDOC.DE.
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