DXSE.DE vs. WELP.DE

Last updated Jun 26, 2026

DXSE.DE (Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C) and WELP.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Health & Biotech Equities funds - DXSE.DE tracks the MSCI Europe Health Care ESG Screened 20-35 while WELP.DE tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, DXSE.DE returned 5.18%/yr vs 12.49%/yr for WELP.DE. At a 0.07 correlation, their price movements are largely independent. DXSE.DE charges 0.17%/yr vs 0.59%/yr for WELP.DE.

Performance

DXSE.DE vs. WELP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXSE.DE achieves a 3.08% return, which is significantly lower than WELP.DE's 25.35% return.

DXSE.DE

• 1D: 1.84%
• 1M: 4.25%
• YTD: 3.08%
• 6M: 3.44%
• 1Y: 14.88%
• 3Y*: 5.18%
• 5Y*: 5.44%
• 10Y*: 7.21%

WELP.DE

• 1D: 0.00%
• 1M: -7.19%
• YTD: 25.35%
• 6M: 26.72%
• 1Y: 34.31%
• 3Y*: 12.49%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DXSE.DE vs. WELP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DXSE.DE Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C	3.08%	4.97%	4.52%	9.56%	4.59%
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF	25.35%	-1.54%	7.90%	0.25%	5.34%

Correlation

The correlation between DXSE.DE and WELP.DE is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022	0.07

The correlation between DXSE.DE and WELP.DE shifts across timeframes, from -0.12 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DXSE.DE vs. WELP.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXSE.DE

DXSE.DE Risk / Return Rank: 24
DXSE.DE Sharpe Ratio Rank: 24
DXSE.DE Sortino Ratio Rank: 25
DXSE.DE Omega Ratio Rank: 23
DXSE.DE Calmar Ratio Rank: 26
DXSE.DE Martin Ratio Rank: 23

WELP.DE

WELP.DE Risk / Return Rank: 57
WELP.DE Sharpe Ratio Rank: 59
WELP.DE Sortino Ratio Rank: 52
WELP.DE Omega Ratio Rank: 55
WELP.DE Calmar Ratio Rank: 64
WELP.DE Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DXSE.DE vs. WELP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DXSE.DE	WELP.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.83	1.75	-0.92
Sortino ratio: Return per unit of downside risk	1.33	2.26	-0.94
Omega ratio: Gain probability vs. loss probability	1.16	1.31	-0.15
Calmar ratio: Return relative to maximum drawdown	1.17	2.80	-1.63
Martin ratio: Return relative to average drawdown	2.75	8.57	-5.81

DXSE.DE vs. WELP.DE - Sharpe Ratio Comparison

The current DXSE.DE Sharpe Ratio is 0.83, which is lower than the WELP.DE Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of DXSE.DE and WELP.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DXSE.DE vs. WELP.DE - Drawdown Comparison

The maximum DXSE.DE drawdown since its inception was -35.26%, which is greater than WELP.DE's maximum drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for DXSE.DE and WELP.DE.

Drawdown Indicators

	DXSE.DE	WELP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.26%	-23.55%	-11.71%
Max Drawdown (1Y) Largest decline over 1 year	-12.67%	-12.22%	-0.45%
Max Drawdown (3Y) Largest decline over 3 years	-28.10%	-23.55%	-4.55%
Max Drawdown (5Y) Largest decline over 5 years	-28.10%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.10%	—	—
Current Drawdown Current decline from peak	-9.47%	-11.07%	+1.60%
Average Drawdown Average peak-to-trough decline	-8.43%	-7.79%	-0.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	3.99%	+1.40%

Volatility

DXSE.DE vs. WELP.DE - Volatility Comparison

The current volatility for Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.DE) is 6.15%, while HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) has a volatility of 6.59%. This indicates that DXSE.DE experiences smaller price fluctuations and is considered to be less risky than WELP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXSE.DE	WELP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.15%	6.59%	-0.44%
Volatility (6M) Calculated over the trailing 6-month period	12.65%	16.90%	-4.25%
Volatility (1Y) Calculated over the trailing 1-year period	17.82%	19.54%	-1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.56%	20.07%	-3.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	20.07%	-4.06%

DXSE.DE vs. WELP.DE - Expense Ratio Comparison

DXSE.DE has a 0.17% expense ratio, which is lower than WELP.DE's 0.59% expense ratio.

Dividends

DXSE.DE vs. WELP.DE - Dividend Comparison

DXSE.DE has not paid dividends to shareholders, while WELP.DE's dividend yield for the trailing twelve months is around 3.05%.

Position	TTM	2025	2024	2023
DXSE.DE Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF	3.05%	3.78%	3.64%	0.79%

Frequently Asked Questions

Can I hold both DXSE.DE and WELP.DE in my portfolio?

DXSE.DE and WELP.DE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DXSE.DE or WELP.DE?

On fees, DXSE.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DXSE.DE or WELP.DE?

DXSE.DE is cheaper with a 0.17% expense ratio, compared with 0.59% for WELP.DE.

What is the main difference between DXSE.DE and WELP.DE?

DXSE.DE tracks MSCI Europe Health Care ESG Screened 20-35, while WELP.DE tracks MSCI World/Energy NR USD. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.17% for DXSE.DE and 0.59% for WELP.DE.