ESIH.DE vs. WELG.DE
ESIH.DE (iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc)) and WELG.DE (Amundi S&P Global Health Care ESG UCITS ETF EUR Dist) are both Health & Biotech Equities funds - ESIH.DE tracks the MSCI World/Health Care NR USD while WELG.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. Both are passively managed. Over the past 3 years, ESIH.DE returned 2.72%/yr vs 2.22%/yr for WELG.DE. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
ESIH.DE vs. WELG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ESIH.DE achieves a -2.35% return, which is significantly higher than WELG.DE's -3.60% return.
ESIH.DE
- 1D
- 3.10%
- 1M
- 0.16%
- YTD
- -2.35%
- 6M
- -1.01%
- 1Y
- 6.11%
- 3Y*
- 2.72%
- 5Y*
- 5.74%
- 10Y*
- —
WELG.DE
- 1D
- 2.97%
- 1M
- 3.72%
- YTD
- -3.60%
- 6M
- -3.07%
- 1Y
- 7.16%
- 3Y*
- 2.22%
- 5Y*
- —
- 10Y*
- —
ESIH.DE vs. WELG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ESIH.DE iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) | -2.35% | 7.95% | 4.09% | 7.63% | 5.84% |
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | -3.60% | 1.26% | 7.51% | 1.94% | 4.13% |
Correlation
The correlation between ESIH.DE and WELG.DE is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.71 |
The correlation between ESIH.DE and WELG.DE has been stable across timeframes, ranging from 0.71 to 0.73 - a consistent structural relationship.
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Return for Risk
ESIH.DE vs. WELG.DE — Risk / Return Rank
ESIH.DE
WELG.DE
ESIH.DE vs. WELG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) (ESIH.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.
| ESIH.DE | WELG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.09 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.47 | 0.55 | -0.08 |
| Martin ratioReturn relative to average drawdown | 1.05 | 1.29 | -0.24 |
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
| ESIH.DE | WELG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.35 | 0.47 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.22 | +0.19 |
Drawdowns
ESIH.DE vs. WELG.DE - Drawdown Comparison
The maximum ESIH.DE drawdown since its inception was -26.69%, which is greater than WELG.DE's maximum drawdown of -23.11%. Use the drawdown chart below to compare losses from any high point for ESIH.DE and WELG.DE.
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Drawdown Indicators
| ESIH.DE | WELG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.69% | -23.11% | -3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.82% | -12.38% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -26.69% | -23.11% | -3.58% |
Max Drawdown (5Y)Largest decline over 5 years | -26.69% | — | — |
Current DrawdownCurrent decline from peak | -10.96% | -12.09% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -7.24% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 5.34% | +0.41% |
Volatility
ESIH.DE vs. WELG.DE - Volatility Comparison
iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) (ESIH.DE) has a higher volatility of 5.87% compared to Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) at 5.31%. This indicates that ESIH.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.
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Volatility by Period
| ESIH.DE | WELG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 5.31% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 11.96% | 10.25% | +1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.18% | 14.54% | +2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.86% | 13.49% | +2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.61% | 13.49% | +2.12% |
ESIH.DE vs. WELG.DE - Expense Ratio Comparison
Both ESIH.DE and WELG.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ESIH.DE vs. WELG.DE - Dividend Comparison
ESIH.DE has not paid dividends to shareholders, while WELG.DE's dividend yield for the trailing twelve months is around 1.55%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ESIH.DE iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% |
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 1.55% | 1.36% | 0.92% | 0.17% |
Frequently Asked Questions
ESIH.DE and WELG.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESIH.DE and WELG.DE have the same expense ratio: 0.18% per year.
ESIH.DE tracks MSCI World/Health Care NR USD, while WELG.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. They also come from different issuers: iShares and Amundi.
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