DBX3.DE vs. XDWH.DE
DBX3.DE (Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - DBX3.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America Low Carbon SRI Leaders, while XDWH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past 10 years, DBX3.DE returned 4.77%/yr vs 7.61%/yr for XDWH.DE. At a 0.29 correlation, their price movements are largely independent. DBX3.DE charges 0.40%/yr vs 0.25%/yr for XDWH.DE.
Performance
DBX3.DE vs. XDWH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBX3.DE achieves a 9.35% return, which is significantly higher than XDWH.DE's -1.98% return. Over the past 10 years, DBX3.DE has underperformed XDWH.DE with an annualized return of 4.77%, while XDWH.DE has yielded a comparatively higher 7.61% annualized return.
DBX3.DE
- 1D
- -1.65%
- 1M
- -7.09%
- YTD
- 9.35%
- 6M
- 7.34%
- 1Y
- 24.77%
- 3Y*
- 7.78%
- 5Y*
- 5.42%
- 10Y*
- 4.77%
XDWH.DE
- 1D
- 2.85%
- 1M
- 3.94%
- YTD
- -1.98%
- 6M
- -1.54%
- 1Y
- 9.60%
- 3Y*
- 2.67%
- 5Y*
- 5.50%
- 10Y*
- 7.61%
DBX3.DE vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBX3.DE Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C | 9.35% | 40.51% | -24.96% | 22.19% | 12.46% | -15.09% | -21.52% | 21.36% | -3.41% | 7.06% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | -1.98% | 2.21% | 7.44% | 0.04% | -0.07% | 30.55% | 2.69% | 27.24% | 5.96% | 5.52% |
Correlation
The correlation between DBX3.DE and XDWH.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2016 | 0.29 |
The correlation between DBX3.DE and XDWH.DE shifts across timeframes, from 0.15 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DBX3.DE vs. XDWH.DE — Risk / Return Rank
DBX3.DE
XDWH.DE
DBX3.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C (DBX3.DE) and Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.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.
| DBX3.DE | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.13 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 0.93 | +1.35 |
| Martin ratioReturn relative to average drawdown | 6.68 | 2.28 | +4.39 |
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
| DBX3.DE | XDWH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 0.70 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.41 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.51 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.55 | -0.51 |
Drawdowns
DBX3.DE vs. XDWH.DE - Drawdown Comparison
The maximum DBX3.DE drawdown since its inception was -60.04%, which is greater than XDWH.DE's maximum drawdown of -26.08%. Use the drawdown chart below to compare losses from any high point for DBX3.DE and XDWH.DE.
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Drawdown Indicators
| DBX3.DE | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.04% | -26.08% | -33.96% |
Max Drawdown (1Y)Largest decline over 1 year | -10.84% | -10.32% | -0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -25.40% | -21.12% | -4.28% |
Max Drawdown (5Y)Largest decline over 5 years | -26.43% | -21.12% | -5.31% |
Max Drawdown (10Y)Largest decline over 10 years | -51.11% | -26.08% | -25.03% |
Current DrawdownCurrent decline from peak | -10.84% | -8.51% | -2.33% |
Average DrawdownAverage peak-to-trough decline | -25.10% | -4.82% | -20.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.70% | 4.20% | -0.50% |
Volatility
DBX3.DE vs. XDWH.DE - Volatility Comparison
Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C (DBX3.DE) has a higher volatility of 5.54% compared to Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) at 4.81%. This indicates that DBX3.DE's price experiences larger fluctuations and is considered to be riskier than XDWH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBX3.DE | XDWH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 4.81% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 15.63% | 9.51% | +6.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.50% | 13.69% | +4.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.41% | 13.43% | +7.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.58% | 14.69% | +10.89% |
DBX3.DE vs. XDWH.DE - Expense Ratio Comparison
DBX3.DE has a 0.40% expense ratio, which is higher than XDWH.DE's 0.25% expense ratio.
Dividends
DBX3.DE vs. XDWH.DE - Dividend Comparison
Neither DBX3.DE nor XDWH.DE has paid dividends to shareholders.
Frequently Asked Questions
DBX3.DE and XDWH.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDWH.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWH.DE is cheaper with a 0.25% expense ratio, compared with 0.40% for DBX3.DE.
DBX3.DE is categorized as Latin America Equities, while XDWH.DE is Health & Biotech Equities. DBX3.DE tracks MSCI Emerging Markets Latin America Low Carbon SRI Leaders, while XDWH.DE tracks MSCI World/Health Care NR USD. Their fees differ too: 0.40% for DBX3.DE and 0.25% for XDWH.DE.
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