HEAW.L vs. XDWH.DE
Compare and contrast key facts about SPDR MSCI World Health Care UCITS ETF (HEAW.L) and Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE).
HEAW.L and XDWH.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEAW.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 Apr 29, 2016. XDWH.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Mar 4, 2016. Both HEAW.L and XDWH.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HEAW.L or XDWH.DE.
Performance
HEAW.L vs. XDWH.DE - Performance Comparison
Returns By Period
In the year-to-date period, HEAW.L achieves a 4.11% return, which is significantly lower than XDWH.DE's 8.84% return.
HEAW.L
4.11%
-5.73%
-3.04%
8.27%
N/A
N/A
XDWH.DE
8.84%
-5.56%
-0.26%
14.38%
8.87%
N/A
Key characteristics
| HEAW.L | XDWH.DE | |
|---|---|---|
| Sharpe Ratio | 0.86 | 1.31 |
| Sortino Ratio | 1.27 | 1.83 |
| Omega Ratio | 1.15 | 1.24 |
| Calmar Ratio | 0.98 | 1.59 |
| Martin Ratio | 3.42 | 6.00 |
| Ulcer Index | 2.50% | 2.24% |
| Daily Std Dev | 9.89% | 10.25% |
| Max Drawdown | -11.85% | -26.08% |
| Current Drawdown | -8.68% | -7.51% |
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HEAW.L vs. XDWH.DE - Expense Ratio Comparison
HEAW.L has a 0.30% expense ratio, which is higher than XDWH.DE's 0.25% expense ratio.
Correlation
The correlation between HEAW.L and XDWH.DE is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
HEAW.L vs. XDWH.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Health Care UCITS ETF (HEAW.L) and Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.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.
Dividends
HEAW.L vs. XDWH.DE - Dividend Comparison
Neither HEAW.L nor XDWH.DE has paid dividends to shareholders.
Drawdowns
HEAW.L vs. XDWH.DE - Drawdown Comparison
The maximum HEAW.L drawdown since its inception was -11.85%, smaller than the maximum XDWH.DE drawdown of -26.08%. Use the drawdown chart below to compare losses from any high point for HEAW.L and XDWH.DE. For additional features, visit the drawdowns tool.
Volatility
HEAW.L vs. XDWH.DE - Volatility Comparison
SPDR MSCI World Health Care UCITS ETF (HEAW.L) has a higher volatility of 3.78% compared to Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) at 3.56%. This indicates that HEAW.L's price experiences larger fluctuations and is considered to be riskier than XDWH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.