DDOC.DE vs. WELG.DE
Compare and contrast key facts about Global X Telemedicine & Digital Health UCITS ETF Acc USD (DDOC.DE) and Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE).
DDOC.DE and WELG.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DDOC.DE is a passively managed fund by Global X that tracks the performance of the Solactive Telemedicine & Digital Health. It was launched on Dec 18, 2020. WELG.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. It was launched on Sep 20, 2022. Both DDOC.DE and WELG.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DDOC.DE or WELG.DE.
Key characteristics
| DDOC.DE | WELG.DE | |
|---|---|---|
| YTD Return | 2.82% | 13.09% |
| 1Y Return | 24.16% | 17.44% |
| Sharpe Ratio | 0.93 | 1.79 |
| Sortino Ratio | 1.45 | 2.49 |
| Omega Ratio | 1.18 | 1.32 |
| Calmar Ratio | 0.34 | 2.53 |
| Martin Ratio | 2.53 | 7.98 |
| Ulcer Index | 7.81% | 2.30% |
| Daily Std Dev | 21.91% | 10.21% |
| Max Drawdown | -59.88% | -10.04% |
| Current Drawdown | -49.21% | -5.27% |
Correlation
The correlation between DDOC.DE and WELG.DE is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DDOC.DE vs. WELG.DE - Performance Comparison
In the year-to-date period, DDOC.DE achieves a 2.82% return, which is significantly lower than WELG.DE's 13.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DDOC.DE vs. WELG.DE - Expense Ratio Comparison
DDOC.DE has a 0.68% expense ratio, which is higher than WELG.DE's 0.18% expense ratio.
Risk-Adjusted Performance
DDOC.DE vs. WELG.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health UCITS ETF Acc USD (DDOC.DE) and Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.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.
Dividends
DDOC.DE vs. WELG.DE - Dividend Comparison
DDOC.DE has not paid dividends to shareholders, while WELG.DE's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2023 | |
|---|---|---|
DDOC.DE Global X Telemedicine & Digital Health UCITS ETF Acc USD | 0.00% | 0.00% |
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 0.87% | 0.17% |
Drawdowns
DDOC.DE vs. WELG.DE - Drawdown Comparison
The maximum DDOC.DE drawdown since its inception was -59.88%, which is greater than WELG.DE's maximum drawdown of -10.04%. Use the drawdown chart below to compare losses from any high point for DDOC.DE and WELG.DE. For additional features, visit the drawdowns tool.
Volatility
DDOC.DE vs. WELG.DE - Volatility Comparison
Global X Telemedicine & Digital Health UCITS ETF Acc USD (DDOC.DE) has a higher volatility of 4.99% compared to Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) at 2.30%. This indicates that DDOC.DE's price experiences larger fluctuations and is considered to be riskier than WELG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.