ESIH.L vs. VWCG.DE
ESIH.L (iShares MSCI Europe Health Care Sector UCITS ETF) and VWCG.DE (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) are both exchange-traded funds - ESIH.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while VWCG.DE is a Europe Equities fund tracking the FTSE Developed Europe. Both are passively managed. Over the past 5 years, ESIH.L returned 5.35%/yr vs 10.14%/yr for VWCG.DE. A 0.55 correlation means they provide meaningful diversification when combined. ESIH.L charges 0.18%/yr vs 0.10%/yr for VWCG.DE.
Performance
ESIH.L vs. VWCG.DE - Performance Comparison
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Different Trading Currencies
ESIH.L is traded in GBP, while VWCG.DE is traded in EUR. To make them comparable, the VWCG.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 -0.97% return, which is significantly lower than VWCG.DE's 7.79% return.
ESIH.L
- 1D
- 0.82%
- 1M
- 1.49%
- YTD
- -0.97%
- 6M
- 0.00%
- 1Y
- 8.13%
- 3Y*
- 4.07%
- 5Y*
- 5.35%
- 10Y*
- —
VWCG.DE
- 1D
- 1.87%
- 1M
- 2.21%
- YTD
- 7.79%
- 6M
- 9.83%
- 1Y
- 21.06%
- 3Y*
- 14.64%
- 5Y*
- 10.14%
- 10Y*
- —
ESIH.L vs. VWCG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESIH.L iShares MSCI Europe Health Care Sector UCITS ETF | -0.97% | 12.77% | -0.54% | 5.46% | 1.56% | 17.09% | -10.87% |
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 7.79% | 26.70% | 4.21% | 13.76% | -4.89% | 16.10% | 3.82% |
Correlation
The correlation between ESIH.L and VWCG.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2020 | 0.55 |
The correlation between ESIH.L and VWCG.DE has been stable across timeframes, ranging from 0.54 to 0.57 - a consistent structural relationship.
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Return for Risk
ESIH.L vs. VWCG.DE — Risk / Return Rank
ESIH.L
VWCG.DE
ESIH.L vs. VWCG.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 Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.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.
| ESIH.L | VWCG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.29 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 1.91 | -1.40 |
| Martin ratioReturn relative to average drawdown | 1.20 | 6.95 | -5.76 |
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Drawdowns
ESIH.L vs. VWCG.DE - Drawdown Comparison
The maximum ESIH.L drawdown since its inception was -24.47%, smaller than the maximum VWCG.DE drawdown of -28.16%. Use the drawdown chart below to compare losses from any high point for ESIH.L and VWCG.DE.
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Drawdown Indicators
| ESIH.L | VWCG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.47% | -28.16% | +3.69% |
Max Drawdown (1Y)Largest decline over 1 year | -13.78% | -10.53% | -3.25% |
Max Drawdown (3Y)Largest decline over 3 years | -24.47% | -13.75% | -10.72% |
Max Drawdown (5Y)Largest decline over 5 years | -24.47% | -16.27% | -8.20% |
Current DrawdownCurrent decline from peak | -9.33% | 0.00% | -9.33% |
Average DrawdownAverage peak-to-trough decline | -7.90% | -4.12% | -3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 2.89% | +2.86% |
Volatility
ESIH.L vs. VWCG.DE - Volatility Comparison
iShares MSCI Europe Health Care Sector UCITS ETF (ESIH.L) has a higher volatility of 5.29% compared to Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) at 3.96%. This indicates that ESIH.L's price experiences larger fluctuations and is considered to be riskier than VWCG.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 | VWCG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 3.96% | +1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 12.33% | 10.72% | +1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.83% | 12.68% | +4.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 14.18% | +3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 16.37% | +1.54% |
ESIH.L vs. VWCG.DE - Expense Ratio Comparison
ESIH.L has a 0.18% expense ratio, which is higher than VWCG.DE's 0.10% 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. VWCG.DE - Dividend Comparison
Neither ESIH.L nor VWCG.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIH.L and VWCG.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCG.DE is cheaper with a 0.10% expense ratio, compared with 0.18% for ESIH.L.
ESIH.L is categorized as Health & Biotech Equities, while VWCG.DE is Europe Equities. ESIH.L tracks MSCI World/Health Care NR USD, while VWCG.DE tracks FTSE Developed Europe. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.18% for ESIH.L and 0.10% for VWCG.DE.
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