HEAE.L vs. WBIO.L
Compare and contrast key facts about SPDR MSCI Europe Health Care UCITS ETF (HEAE.L) and WisdomTree BioRevolution UCITS ETF USD Acc (WBIO.L).
HEAE.L and WBIO.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEAE.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Dec 5, 2014. WBIO.L is a passively managed fund by WisdomTree that tracks the performance of the NASDAQ Biotechnology TR USD. It was launched on Dec 3, 2021. Both HEAE.L and WBIO.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HEAE.L vs. WBIO.L - Performance Comparison
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HEAE.L vs. WBIO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HEAE.L SPDR MSCI Europe Health Care UCITS ETF | 0.21% | 13.38% | -1.21% | 5.53% | -5.60% |
WBIO.L WisdomTree BioRevolution UCITS ETF USD Acc | 6.20% | 13.58% | -14.08% | -5.86% | -9.15% |
Different Trading Currencies
HEAE.L is traded in GBP, while WBIO.L is traded in GBp. To make them comparable, the WBIO.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, HEAE.L achieves a 0.21% return, which is significantly lower than WBIO.L's 6.20% return.
HEAE.L
- 1D
- 1.41%
- 1M
- -4.98%
- YTD
- 0.21%
- 6M
- 5.73%
- 1Y
- 9.78%
- 3Y*
- 4.85%
- 5Y*
- —
- 10Y*
- —
WBIO.L
- 1D
- 2.24%
- 1M
- 0.91%
- YTD
- 6.20%
- 6M
- 12.98%
- 1Y
- 41.49%
- 3Y*
- 0.37%
- 5Y*
- —
- 10Y*
- —
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HEAE.L vs. WBIO.L - Expense Ratio Comparison
HEAE.L has a 0.18% expense ratio, which is lower than WBIO.L's 0.45% expense ratio.
Return for Risk
HEAE.L vs. WBIO.L — Risk / Return Rank
HEAE.L
WBIO.L
HEAE.L vs. WBIO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Health Care UCITS ETF (HEAE.L) and WisdomTree BioRevolution UCITS ETF USD Acc (WBIO.L). 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.
| HEAE.L | WBIO.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 1.39 | -0.87 |
Sortino ratioReturn per unit of downside risk | 0.85 | 1.95 | -1.10 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.24 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.77 | 3.61 | -2.83 |
Martin ratioReturn relative to average drawdown | 2.42 | 8.49 | -6.07 |
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
| HEAE.L | WBIO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 1.39 | -0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | -0.23 | +0.43 |
Correlation
The correlation between HEAE.L and WBIO.L is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HEAE.L vs. WBIO.L - Dividend Comparison
Neither HEAE.L nor WBIO.L has paid dividends to shareholders.
Drawdowns
HEAE.L vs. WBIO.L - Drawdown Comparison
The maximum HEAE.L drawdown since its inception was -24.51%, smaller than the maximum WBIO.L drawdown of -51.13%. Use the drawdown chart below to compare losses from any high point for HEAE.L and WBIO.L.
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Drawdown Indicators
| HEAE.L | WBIO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.51% | -51.13% | +26.62% |
Max Drawdown (1Y)Largest decline over 1 year | -13.73% | -11.52% | -2.21% |
Current DrawdownCurrent decline from peak | -8.48% | -21.86% | +13.38% |
Average DrawdownAverage peak-to-trough decline | -7.56% | -26.52% | +18.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 4.89% | -0.50% |
Volatility
HEAE.L vs. WBIO.L - Volatility Comparison
The current volatility for SPDR MSCI Europe Health Care UCITS ETF (HEAE.L) is 5.19%, while WisdomTree BioRevolution UCITS ETF USD Acc (WBIO.L) has a volatility of 7.91%. This indicates that HEAE.L experiences smaller price fluctuations and is considered to be less risky than WBIO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEAE.L | WBIO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.19% | 7.91% | -2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 10.81% | 20.28% | -9.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.64% | 29.02% | -10.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.15% | 23.78% | -7.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.15% | 23.78% | -7.63% |