ESIH.DE vs. ZPDH.DE
ESIH.DE (iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc)) and ZPDH.DE (SPDR S&P US Health Care Select Sector UCITS ETF) are both Health & Biotech Equities funds - ESIH.DE tracks the MSCI World/Health Care NR USD while ZPDH.DE tracks the S&P Health Care Select Sector. Both are passively managed. Over the past 5 years, ESIH.DE returned 5.74%/yr vs 6.73%/yr for ZPDH.DE. A 0.57 correlation means they provide meaningful diversification when combined. ESIH.DE charges 0.18%/yr vs 0.15%/yr for ZPDH.DE.
Performance
ESIH.DE vs. ZPDH.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 lower than ZPDH.DE's -1.12% 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*
- —
ZPDH.DE
- 1D
- 2.83%
- 1M
- 5.48%
- YTD
- -1.12%
- 6M
- -0.21%
- 1Y
- 13.04%
- 3Y*
- 3.67%
- 5Y*
- 6.73%
- 10Y*
- 8.92%
ESIH.DE vs. ZPDH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESIH.DE iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) | -2.35% | 7.95% | 4.09% | 7.63% | -4.59% | 25.93% | -0.69% |
ZPDH.DE SPDR S&P US Health Care Select Sector UCITS ETF | -1.12% | 1.73% | 8.46% | -1.73% | 3.31% | 37.77% | -0.11% |
Correlation
The correlation between ESIH.DE and ZPDH.DE is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.57 |
The correlation between ESIH.DE and ZPDH.DE has been stable across timeframes, ranging from 0.53 to 0.57 - a consistent structural relationship.
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Return for Risk
ESIH.DE vs. ZPDH.DE — Risk / Return Rank
ESIH.DE
ZPDH.DE
ESIH.DE vs. ZPDH.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 SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.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 | ZPDH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.16 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.47 | 1.21 | -0.74 |
| Martin ratioReturn relative to average drawdown | 1.05 | 2.95 | -1.90 |
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 | ZPDH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.35 | 0.89 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.46 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.46 | -0.05 |
Drawdowns
ESIH.DE vs. ZPDH.DE - Drawdown Comparison
The maximum ESIH.DE drawdown since its inception was -26.69%, roughly equal to the maximum ZPDH.DE drawdown of -26.61%. Use the drawdown chart below to compare losses from any high point for ESIH.DE and ZPDH.DE.
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Drawdown Indicators
| ESIH.DE | ZPDH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.69% | -26.61% | -0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -12.82% | -10.77% | -2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -26.69% | -22.64% | -4.05% |
Max Drawdown (5Y)Largest decline over 5 years | -26.69% | -22.64% | -4.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.61% | — |
Current DrawdownCurrent decline from peak | -10.96% | -7.28% | -3.68% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -5.80% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 4.41% | +1.34% |
Volatility
ESIH.DE vs. ZPDH.DE - Volatility Comparison
iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) (ESIH.DE) has a higher volatility of 5.87% compared to SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) at 5.13%. This indicates that ESIH.DE's price experiences larger fluctuations and is considered to be riskier than ZPDH.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 | ZPDH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 5.13% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 11.96% | 10.16% | +1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.18% | 14.63% | +2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.86% | 14.47% | +1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.61% | 15.77% | -0.16% |
ESIH.DE vs. ZPDH.DE - Expense Ratio Comparison
ESIH.DE has a 0.18% expense ratio, which is higher than ZPDH.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ESIH.DE vs. ZPDH.DE - Dividend Comparison
Neither ESIH.DE nor ZPDH.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIH.DE and ZPDH.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDH.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDH.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for ESIH.DE.
ESIH.DE tracks MSCI World/Health Care NR USD, while ZPDH.DE tracks S&P Health Care Select Sector. They also come from different issuers: iShares and State Street. Their fees differ too: 0.18% for ESIH.DE and 0.15% for ZPDH.DE.
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