2B78.DE vs. DDOC.DE
2B78.DE (iShares Healthcare Innovation UCITS ETF) and DDOC.DE (Global X Telemedicine & Digital Health UCITS ETF Acc USD) are both Health & Biotech Equities funds - 2B78.DE tracks the iSTOXX® FactSet Breakthrough Healthcare while DDOC.DE tracks the Solactive Telemedicine & Digital Health. Both are passively managed. Over the past 5 years, 2B78.DE returned -1.74%/yr vs -9.54%/yr for DDOC.DE. Their correlation of 0.81 suggests significant overlap in exposure. 2B78.DE charges 0.40%/yr vs 0.68%/yr for DDOC.DE.
Performance
2B78.DE vs. DDOC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 2B78.DE achieves a -2.07% return, which is significantly lower than DDOC.DE's -1.35% return.
2B78.DE
- 1D
- 0.41%
- 1M
- 1.41%
- YTD
- -2.07%
- 6M
- -3.15%
- 1Y
- 14.42%
- 3Y*
- 2.27%
- 5Y*
- -1.74%
- 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*
- —
2B78.DE vs. DDOC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
2B78.DE iShares Healthcare Innovation UCITS ETF | -2.07% | 5.50% | 7.24% | -0.29% | -19.03% | -7.51% |
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 2B78.DE and DDOC.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2021 | 0.81 |
The correlation between 2B78.DE and DDOC.DE has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.
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Return for Risk
2B78.DE vs. DDOC.DE — Risk / Return Rank
2B78.DE
DDOC.DE
2B78.DE vs. DDOC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Healthcare Innovation UCITS ETF (2B78.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.
| 2B78.DE | DDOC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.02 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 0.01 | +1.22 |
| Martin ratioReturn relative to average drawdown | 3.07 | 0.03 | +3.04 |
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
| 2B78.DE | DDOC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 0.02 | +0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | -0.39 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | -0.49 | +0.80 |
Drawdowns
2B78.DE vs. DDOC.DE - Drawdown Comparison
The maximum 2B78.DE drawdown since its inception was -38.58%, smaller than the maximum DDOC.DE drawdown of -59.88%. Use the drawdown chart below to compare losses from any high point for 2B78.DE and DDOC.DE.
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Drawdown Indicators
| 2B78.DE | DDOC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.58% | -59.88% | +21.30% |
Max Drawdown (1Y)Largest decline over 1 year | -12.05% | -22.33% | +10.28% |
Max Drawdown (3Y)Largest decline over 3 years | -25.32% | -32.67% | +7.35% |
Max Drawdown (5Y)Largest decline over 5 years | -36.99% | -53.96% | +16.97% |
Current DrawdownCurrent decline from peak | -19.03% | -51.22% | +32.19% |
Average DrawdownAverage peak-to-trough decline | -14.36% | -41.80% | +27.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 10.98% | -6.12% |
Volatility
2B78.DE vs. DDOC.DE - Volatility Comparison
The current volatility for iShares Healthcare Innovation UCITS ETF (2B78.DE) is 3.74%, while Global X Telemedicine & Digital Health UCITS ETF Acc USD (DDOC.DE) has a volatility of 6.20%. This indicates that 2B78.DE experiences smaller price fluctuations and is considered to be less risky 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
| 2B78.DE | DDOC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 6.20% | -2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 14.24% | -3.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.67% | 20.70% | -5.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.91% | 24.10% | -6.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.79% | 24.26% | -5.47% |
2B78.DE vs. DDOC.DE - Expense Ratio Comparison
2B78.DE has a 0.40% expense ratio, which is lower than DDOC.DE's 0.68% expense ratio.
Dividends
2B78.DE vs. DDOC.DE - Dividend Comparison
Neither 2B78.DE nor DDOC.DE has paid dividends to shareholders.
Frequently Asked Questions
2B78.DE and DDOC.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 2B78.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
2B78.DE is cheaper with a 0.40% expense ratio, compared with 0.68% for DDOC.DE.
2B78.DE tracks iSTOXX® FactSet Breakthrough Healthcare, while DDOC.DE tracks Solactive Telemedicine & Digital Health. They also come from different issuers: iShares and Global X. Their fees differ too: 0.40% for 2B78.DE and 0.68% for DDOC.DE.
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