ESIH.DE vs. WELS.DE
ESIH.DE (iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc)) and WELS.DE (Amundi S&P Global Health Care ESG UCITS ETF EUR Acc) are both Health & Biotech Equities funds - ESIH.DE tracks the MSCI World/Health Care NR USD while WELS.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 WELS.DE. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
ESIH.DE vs. WELS.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 WELS.DE's -3.35% return.
ESIH.DE
- 1D
- 3.10%
- 1M
- 1.39%
- YTD
- -2.35%
- 6M
- -0.84%
- 1Y
- 6.04%
- 3Y*
- 2.72%
- 5Y*
- 5.74%
- 10Y*
- —
WELS.DE
- 1D
- 2.97%
- 1M
- 4.14%
- YTD
- -3.35%
- 6M
- -2.82%
- 1Y
- 6.93%
- 3Y*
- 2.22%
- 5Y*
- —
- 10Y*
- —
ESIH.DE vs. WELS.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% |
WELS.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Acc | -3.35% | 1.05% | 7.20% | 2.33% | 4.02% |
Correlation
The correlation between ESIH.DE and WELS.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 | 0.72 |
The correlation between ESIH.DE and WELS.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. WELS.DE — Risk / Return Rank
ESIH.DE
WELS.DE
ESIH.DE vs. WELS.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 Acc (WELS.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 | WELS.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 | 0.56 | -0.09 |
| Martin ratioReturn relative to average drawdown | 1.05 | 1.30 | -0.25 |
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 | WELS.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. WELS.DE - Drawdown Comparison
The maximum ESIH.DE drawdown since its inception was -26.69%, which is greater than WELS.DE's maximum drawdown of -23.13%. Use the drawdown chart below to compare losses from any high point for ESIH.DE and WELS.DE.
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Drawdown Indicators
| ESIH.DE | WELS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.69% | -23.13% | -3.56% |
Max Drawdown (1Y)Largest decline over 1 year | -12.82% | -12.35% | -0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -26.69% | -23.13% | -3.56% |
Max Drawdown (5Y)Largest decline over 5 years | -26.69% | — | — |
Current DrawdownCurrent decline from peak | -10.96% | -12.08% | +1.12% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -7.30% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 5.34% | +0.41% |
Volatility
ESIH.DE vs. WELS.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 Acc (WELS.DE) at 5.27%. This indicates that ESIH.DE's price experiences larger fluctuations and is considered to be riskier than WELS.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 | WELS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 5.27% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 11.96% | 10.22% | +1.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.18% | 14.60% | +2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.86% | 13.59% | +2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.61% | 13.59% | +2.02% |
ESIH.DE vs. WELS.DE - Expense Ratio Comparison
Both ESIH.DE and WELS.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. WELS.DE - Dividend Comparison
Neither ESIH.DE nor WELS.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIH.DE and WELS.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 WELS.DE have the same expense ratio: 0.18% per year.
ESIH.DE tracks MSCI World/Health Care NR USD, while WELS.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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