2B78.DE vs. URTH
2B78.DE (iShares Healthcare Innovation UCITS ETF) and URTH (iShares MSCI World ETF) are both exchange-traded funds - 2B78.DE is a Health & Biotech Equities fund tracking the iSTOXX® FactSet Breakthrough Healthcare, while URTH is a Global Equities fund tracking the MSCI World Index (Net). Both are passively managed. Over the past 5 years, 2B78.DE returned -1.74%/yr vs 13.01%/yr for URTH. At a 0.46 correlation, their price movements are largely independent. 2B78.DE charges 0.40%/yr vs 0.24%/yr for URTH.
Performance
2B78.DE vs. URTH - Performance Comparison
Loading charts...
Different Trading Currencies
2B78.DE is traded in EUR, while URTH is traded in USD. To make them comparable, the URTH values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 2B78.DE achieves a -2.07% return, which is significantly lower than URTH's 11.97% 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*
- —
URTH
- 1D
- 0.00%
- 1M
- 3.69%
- YTD
- 11.97%
- 6M
- 11.38%
- 1Y
- 25.19%
- 3Y*
- 17.68%
- 5Y*
- 13.01%
- 10Y*
- 12.91%
2B78.DE vs. URTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
2B78.DE iShares Healthcare Innovation UCITS ETF | -2.07% | 5.50% | 7.24% | -0.29% | -19.03% | 1.15% | 38.75% | 16.74% | 0.39% | 19.45% |
URTH iShares MSCI World ETF | 9.98% | 6.96% | 26.49% | 20.23% | -12.88% | 31.42% | 6.24% | 31.04% | -4.27% | 7.84% |
Correlation
The correlation between 2B78.DE and URTH is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2016 | 0.46 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
2B78.DE vs. URTH — Risk / Return Rank
2B78.DE
URTH
2B78.DE vs. URTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Healthcare Innovation UCITS ETF (2B78.DE) and iShares MSCI World ETF (URTH). 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 | URTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.40 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 3.86 | -2.62 |
| Martin ratioReturn relative to average drawdown | 3.07 | 15.85 | -12.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 2B78.DE | URTH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 2.16 | -1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.85 | -0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.75 | -0.44 |
Drawdowns
2B78.DE vs. URTH - Drawdown Comparison
The maximum 2B78.DE drawdown since its inception was -38.58%, which is greater than URTH's maximum drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for 2B78.DE and URTH.
Loading charts...
Drawdown Indicators
| 2B78.DE | URTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.58% | -33.45% | -5.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.05% | -6.56% | -5.49% |
Max Drawdown (3Y)Largest decline over 3 years | -25.32% | -20.94% | -4.38% |
Max Drawdown (5Y)Largest decline over 5 years | -36.99% | -20.94% | -16.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.45% | — |
Current DrawdownCurrent decline from peak | -19.03% | -0.11% | -18.92% |
Average DrawdownAverage peak-to-trough decline | -14.36% | -4.10% | -10.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 1.59% | +3.27% |
Volatility
2B78.DE vs. URTH - Volatility Comparison
iShares Healthcare Innovation UCITS ETF (2B78.DE) has a higher volatility of 3.74% compared to iShares MSCI World ETF (URTH) at 2.24%. This indicates that 2B78.DE's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 2B78.DE | URTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 2.24% | +1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 8.59% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.67% | 11.76% | +3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.91% | 15.36% | +2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.79% | 17.21% | +1.58% |
2B78.DE vs. URTH - Expense Ratio Comparison
2B78.DE has a 0.40% expense ratio, which is higher than URTH's 0.24% expense ratio.
Dividends
2B78.DE vs. URTH - Dividend Comparison
2B78.DE has not paid dividends to shareholders, while URTH's dividend yield for the trailing twelve months is around 1.38%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
2B78.DE iShares Healthcare Innovation UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URTH iShares MSCI World ETF | 1.38% | 1.48% | 1.47% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% |
Frequently Asked Questions
2B78.DE and URTH have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, URTH is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
URTH is cheaper with a 0.24% expense ratio, compared with 0.40% for 2B78.DE.
2B78.DE is categorized as Health & Biotech Equities, while URTH is Global Equities. 2B78.DE tracks iSTOXX® FactSet Breakthrough Healthcare, while URTH tracks MSCI World Index (Net). Their fees differ too: 0.40% for 2B78.DE and 0.24% for URTH.
Find the right allocation for 2B78.DE and URTH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer