DDOC.DE vs. AKWA.DE
DDOC.DE (Global X Telemedicine & Digital Health UCITS ETF Acc USD) and AKWA.DE (Global X Clean Water UCITS ETF) are both exchange-traded funds - DDOC.DE is a Health & Biotech Equities fund tracking the Solactive Telemedicine & Digital Health, while AKWA.DE is a Water Equities fund tracking the Solactive Global Clean Water Industry. Both are passively managed. Over the past 3 years, DDOC.DE returned -5.09%/yr vs 7.49%/yr for AKWA.DE. A 0.52 correlation means they provide meaningful diversification when combined. DDOC.DE charges 0.68%/yr vs 0.50%/yr for AKWA.DE.
Performance
DDOC.DE vs. AKWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DDOC.DE achieves a -1.35% return, which is significantly lower than AKWA.DE's -0.44% return.
DDOC.DE
- 1D
- 4.54%
- 1M
- 8.73%
- YTD
- -1.35%
- 6M
- -5.71%
- 1Y
- 0.32%
- 3Y*
- -5.09%
- 5Y*
- -9.54%
- 10Y*
- —
AKWA.DE
- 1D
- -0.50%
- 1M
- -1.77%
- YTD
- -0.44%
- 6M
- -2.43%
- 1Y
- -0.46%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
DDOC.DE vs. AKWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DDOC.DE Global X Telemedicine & Digital Health UCITS ETF Acc USD | -1.35% | -2.99% | 3.18% | -14.12% | -25.03% | -2.16% |
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -15.13% | -0.34% |
Correlation
The correlation between DDOC.DE and AKWA.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021 | 0.52 |
The correlation between DDOC.DE and AKWA.DE shifts across timeframes, from 0.39 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DDOC.DE vs. AKWA.DE — Risk / Return Rank
DDOC.DE
AKWA.DE
DDOC.DE vs. AKWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health UCITS ETF Acc USD (DDOC.DE) and Global X Clean Water UCITS ETF (AKWA.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.
| DDOC.DE | AKWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.01 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | -0.05 | +0.06 |
| Martin ratioReturn relative to average drawdown | 0.03 | -0.11 | +0.14 |
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
| DDOC.DE | AKWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.02 | -0.03 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.49 | 0.20 | -0.68 |
Drawdowns
DDOC.DE vs. AKWA.DE - Drawdown Comparison
The maximum DDOC.DE drawdown since its inception was -59.88%, which is greater than AKWA.DE's maximum drawdown of -23.07%. Use the drawdown chart below to compare losses from any high point for DDOC.DE and AKWA.DE.
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Drawdown Indicators
| DDOC.DE | AKWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.88% | -23.07% | -36.81% |
Max Drawdown (1Y)Largest decline over 1 year | -22.33% | -9.90% | -12.43% |
Max Drawdown (3Y)Largest decline over 3 years | -32.67% | -19.99% | -12.68% |
Max Drawdown (5Y)Largest decline over 5 years | -53.96% | — | — |
Current DrawdownCurrent decline from peak | -51.22% | -8.54% | -42.68% |
Average DrawdownAverage peak-to-trough decline | -41.80% | -7.60% | -34.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.98% | 4.12% | +6.86% |
Volatility
DDOC.DE vs. AKWA.DE - Volatility Comparison
Global X Telemedicine & Digital Health UCITS ETF Acc USD (DDOC.DE) has a higher volatility of 6.20% compared to Global X Clean Water UCITS ETF (AKWA.DE) at 3.85%. This indicates that DDOC.DE's price experiences larger fluctuations and is considered to be riskier than AKWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DDOC.DE | AKWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 3.85% | +2.35% |
Volatility (6M)Calculated over the trailing 6-month period | 14.24% | 10.07% | +4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.70% | 13.59% | +7.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.10% | 16.02% | +8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.26% | 16.02% | +8.24% |
DDOC.DE vs. AKWA.DE - Expense Ratio Comparison
DDOC.DE has a 0.68% expense ratio, which is higher than AKWA.DE's 0.50% expense ratio.
Dividends
DDOC.DE vs. AKWA.DE - Dividend Comparison
Neither DDOC.DE nor AKWA.DE has paid dividends to shareholders.
Frequently Asked Questions
DDOC.DE and AKWA.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AKWA.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AKWA.DE is cheaper with a 0.50% expense ratio, compared with 0.68% for DDOC.DE.
DDOC.DE is categorized as Health & Biotech Equities, while AKWA.DE is Water Equities. DDOC.DE tracks Solactive Telemedicine & Digital Health, while AKWA.DE tracks Solactive Global Clean Water Industry. Their fees differ too: 0.68% for DDOC.DE and 0.50% for AKWA.DE.
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