G2X.DE vs. ESIH.DE
G2X.DE (VanEck Gold Miners UCITS ETF) and ESIH.DE (iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc)) are both exchange-traded funds - G2X.DE is a Gold fund tracking the NYSE Arca Gold Miners, while ESIH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past 5 years, G2X.DE returned 18.31%/yr vs 5.18%/yr for ESIH.DE. At a 0.17 correlation, their price movements are largely independent. G2X.DE charges 0.53%/yr vs 0.18%/yr for ESIH.DE.
Performance
G2X.DE vs. ESIH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, G2X.DE achieves a -8.45% return, which is significantly lower than ESIH.DE's -0.56% return.
G2X.DE
- 1D
- 5.67%
- 1M
- -14.87%
- YTD
- -8.45%
- 6M
- -4.07%
- 1Y
- 47.29%
- 3Y*
- 35.39%
- 5Y*
- 18.31%
- 10Y*
- 12.83%
ESIH.DE
- 1D
- 0.57%
- 1M
- 2.16%
- YTD
- -0.56%
- 6M
- 1.72%
- 1Y
- 6.31%
- 3Y*
- 3.80%
- 5Y*
- 5.18%
- 10Y*
- —
G2X.DE vs. ESIH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
G2X.DE VanEck Gold Miners UCITS ETF | -8.45% | 131.10% | 17.58% | 5.59% | -0.03% | -4.26% | -8.85% |
ESIH.DE iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) | -0.56% | 7.88% | 4.10% | 7.64% | -4.54% | 25.92% | -0.61% |
Correlation
The correlation between G2X.DE and ESIH.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2020 | 0.17 |
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Return for Risk
G2X.DE vs. ESIH.DE — Risk / Return Rank
G2X.DE
ESIH.DE
G2X.DE vs. ESIH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Gold Miners UCITS ETF (G2X.DE) and iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) (ESIH.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.
| G2X.DE | ESIH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.07 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 0.43 | +1.09 |
| Martin ratioReturn relative to average drawdown | 4.22 | 0.95 | +3.26 |
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Drawdowns
G2X.DE vs. ESIH.DE - Drawdown Comparison
The maximum G2X.DE drawdown since its inception was -46.04%, which is greater than ESIH.DE's maximum drawdown of -26.76%. Use the drawdown chart below to compare losses from any high point for G2X.DE and ESIH.DE.
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Drawdown Indicators
| G2X.DE | ESIH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.04% | -26.76% | -19.28% |
Max Drawdown (1Y)Largest decline over 1 year | -33.45% | -12.81% | -20.64% |
Max Drawdown (3Y)Largest decline over 3 years | -33.45% | -26.76% | -6.69% |
Max Drawdown (5Y)Largest decline over 5 years | -38.53% | -26.76% | -11.77% |
Max Drawdown (10Y)Largest decline over 10 years | -46.04% | — | — |
Current DrawdownCurrent decline from peak | -29.09% | -9.35% | -19.74% |
Average DrawdownAverage peak-to-trough decline | -19.95% | -7.23% | -12.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.02% | 5.53% | +6.49% |
Volatility
G2X.DE vs. ESIH.DE - Volatility Comparison
VanEck Gold Miners UCITS ETF (G2X.DE) has a higher volatility of 14.79% compared to iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) (ESIH.DE) at 5.96%. This indicates that G2X.DE's price experiences larger fluctuations and is considered to be riskier than ESIH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| G2X.DE | ESIH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.79% | 5.96% | +8.83% |
Volatility (6M)Calculated over the trailing 6-month period | 35.01% | 12.16% | +22.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.27% | 17.24% | +26.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.32% | 15.91% | +17.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.37% | 15.66% | +16.71% |
G2X.DE vs. ESIH.DE - Expense Ratio Comparison
G2X.DE has a 0.53% expense ratio, which is higher than ESIH.DE's 0.18% expense ratio.
Dividends
G2X.DE vs. ESIH.DE - Dividend Comparison
Neither G2X.DE nor ESIH.DE has paid dividends to shareholders.
Frequently Asked Questions
G2X.DE and ESIH.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIH.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIH.DE is cheaper with a 0.18% expense ratio, compared with 0.53% for G2X.DE.
G2X.DE is categorized as Gold, while ESIH.DE is Health & Biotech Equities. G2X.DE tracks NYSE Arca Gold Miners, while ESIH.DE tracks MSCI World/Health Care NR USD. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.53% for G2X.DE and 0.18% for ESIH.DE.
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