ESIH.L vs. 4GLD.DE
ESIH.L (iShares MSCI Europe Health Care Sector UCITS ETF) and 4GLD.DE (Xetra-Gold) are both exchange-traded funds - ESIH.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while 4GLD.DE is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 5 years, ESIH.L returned 5.89%/yr vs 20.02%/yr for 4GLD.DE. At a 0.11 correlation, their price movements are largely independent. ESIH.L charges 0.18%/yr vs 0.00%/yr for 4GLD.DE.
Performance
ESIH.L vs. 4GLD.DE - Performance Comparison
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Different Trading Currencies
ESIH.L is traded in GBP, while 4GLD.DE is traded in EUR. To make them comparable, the 4GLD.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESIH.L achieves a -2.72% return, which is significantly lower than 4GLD.DE's 1.99% return.
ESIH.L
- 1D
- 3.06%
- 1M
- 1.79%
- YTD
- -2.72%
- 6M
- -1.50%
- 1Y
- 8.89%
- 3Y*
- 2.83%
- 5Y*
- 5.89%
- 10Y*
- —
4GLD.DE
- 1D
- 0.69%
- 1M
- -1.34%
- YTD
- 1.99%
- 6M
- 5.39%
- 1Y
- 33.79%
- 3Y*
- 28.37%
- 5Y*
- 20.02%
- 10Y*
- 14.46%
ESIH.L vs. 4GLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESIH.L iShares MSCI Europe Health Care Sector UCITS ETF | -2.72% | 12.76% | -0.46% | 5.44% | 1.56% | 17.09% | 0.82% |
4GLD.DE Xetra-Gold | 1.99% | 57.09% | 28.71% | 7.13% | 12.98% | -3.31% | 0.15% |
Correlation
The correlation between ESIH.L and 4GLD.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2020 | 0.11 |
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Return for Risk
ESIH.L vs. 4GLD.DE — Risk / Return Rank
ESIH.L
4GLD.DE
ESIH.L vs. 4GLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Health Care Sector UCITS ETF (ESIH.L) and Xetra-Gold (4GLD.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.L | 4GLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.28 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 1.95 | -1.31 |
| Martin ratioReturn relative to average drawdown | 1.54 | 5.14 | -3.60 |
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.L | 4GLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 1.46 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 1.22 | -0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.91 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.65 | -0.26 |
Drawdowns
ESIH.L vs. 4GLD.DE - Drawdown Comparison
The maximum ESIH.L drawdown since its inception was -24.44%, smaller than the maximum 4GLD.DE drawdown of -40.90%. Use the drawdown chart below to compare losses from any high point for ESIH.L and 4GLD.DE.
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Drawdown Indicators
| ESIH.L | 4GLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.44% | -40.90% | +16.46% |
Max Drawdown (1Y)Largest decline over 1 year | -13.81% | -17.27% | +3.46% |
Max Drawdown (3Y)Largest decline over 3 years | -24.44% | -17.27% | -7.17% |
Max Drawdown (5Y)Largest decline over 5 years | -24.44% | -17.27% | -7.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.46% | — |
Current DrawdownCurrent decline from peak | -10.94% | -15.60% | +4.66% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -12.90% | +6.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.77% | 6.56% | -0.79% |
Volatility
ESIH.L vs. 4GLD.DE - Volatility Comparison
iShares MSCI Europe Health Care Sector UCITS ETF (ESIH.L) has a higher volatility of 5.50% compared to Xetra-Gold (4GLD.DE) at 5.10%. This indicates that ESIH.L's price experiences larger fluctuations and is considered to be riskier than 4GLD.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.L | 4GLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.50% | 5.10% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 19.99% | -7.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.83% | 23.11% | -6.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.50% | 16.20% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 15.78% | -0.42% |
ESIH.L vs. 4GLD.DE - Expense Ratio Comparison
ESIH.L has a 0.18% expense ratio, which is higher than 4GLD.DE's 0.00% 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.L vs. 4GLD.DE - Dividend Comparison
Neither ESIH.L nor 4GLD.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIH.L and 4GLD.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.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.18% for ESIH.L.
ESIH.L is categorized as Health & Biotech Equities, while 4GLD.DE is Gold. ESIH.L tracks MSCI World/Health Care NR USD, while 4GLD.DE tracks LBMA Gold Price. They also come from different issuers: iShares and Deutsche Börse Commodities. Their fees differ too: 0.18% for ESIH.L and 0.00% for 4GLD.DE.
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