NBTK.DE vs. XDG3.DE
NBTK.DE (Invesco Nasdaq Biotech UCITS ETF) and XDG3.DE (Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C) are both Health & Biotech Equities funds - NBTK.DE tracks the Nasdaq Biotechnology while XDG3.DE tracks the MSCI ACWI IMI SDG 3 Good Health and Well-being Select. Both are passively managed. Over the past 3 years, NBTK.DE returned 9.94%/yr vs 1.94%/yr for XDG3.DE. A 0.72 correlation means they provide meaningful diversification when combined. NBTK.DE charges 0.40%/yr vs 0.35%/yr for XDG3.DE.
Performance
NBTK.DE vs. XDG3.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NBTK.DE achieves a 4.27% return, which is significantly higher than XDG3.DE's -6.02% return.
NBTK.DE
- 1D
- 2.92%
- 1M
- 0.38%
- YTD
- 4.27%
- 6M
- 3.76%
- 1Y
- 39.20%
- 3Y*
- 9.94%
- 5Y*
- 5.63%
- 10Y*
- —
XDG3.DE
- 1D
- 2.88%
- 1M
- 2.53%
- YTD
- -6.02%
- 6M
- -6.54%
- 1Y
- 2.67%
- 3Y*
- 1.94%
- 5Y*
- —
- 10Y*
- —
NBTK.DE vs. XDG3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NBTK.DE Invesco Nasdaq Biotech UCITS ETF | 4.27% | 18.60% | 4.57% | 1.65% |
XDG3.DE Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C | -6.02% | 1.47% | 9.58% | 2.52% |
Correlation
The correlation between NBTK.DE and XDG3.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2023 | 0.72 |
The correlation between NBTK.DE and XDG3.DE has been stable across timeframes, ranging from 0.72 to 0.76 - a consistent structural relationship.
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Return for Risk
NBTK.DE vs. XDG3.DE — Risk / Return Rank
NBTK.DE
XDG3.DE
NBTK.DE vs. XDG3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Biotech UCITS ETF (NBTK.DE) and Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C (XDG3.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.
| NBTK.DE | XDG3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.52 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.04 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 6.16 | 0.17 | +5.99 |
| Martin ratioReturn relative to average drawdown | 17.06 | 0.44 | +16.62 |
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
| NBTK.DE | XDG3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 0.16 | +1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.16 | +0.26 |
Drawdowns
NBTK.DE vs. XDG3.DE - Drawdown Comparison
The maximum NBTK.DE drawdown since its inception was -30.99%, which is greater than XDG3.DE's maximum drawdown of -20.49%. Use the drawdown chart below to compare losses from any high point for NBTK.DE and XDG3.DE.
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Drawdown Indicators
| NBTK.DE | XDG3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.99% | -20.49% | -10.50% |
Max Drawdown (1Y)Largest decline over 1 year | -6.24% | -13.31% | +7.07% |
Max Drawdown (3Y)Largest decline over 3 years | -29.35% | -20.49% | -8.86% |
Max Drawdown (5Y)Largest decline over 5 years | -30.99% | — | — |
Current DrawdownCurrent decline from peak | -1.44% | -11.91% | +10.47% |
Average DrawdownAverage peak-to-trough decline | -10.62% | -5.57% | -5.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 5.29% | -3.03% |
Volatility
NBTK.DE vs. XDG3.DE - Volatility Comparison
Invesco Nasdaq Biotech UCITS ETF (NBTK.DE) has a higher volatility of 6.41% compared to Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C (XDG3.DE) at 4.95%. This indicates that NBTK.DE's price experiences larger fluctuations and is considered to be riskier than XDG3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBTK.DE | XDG3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 4.95% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 14.11% | 10.56% | +3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.00% | 14.57% | +4.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.30% | 13.31% | +6.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.05% | 13.31% | +8.74% |
NBTK.DE vs. XDG3.DE - Expense Ratio Comparison
NBTK.DE has a 0.40% expense ratio, which is higher than XDG3.DE's 0.35% expense ratio.
Dividends
NBTK.DE vs. XDG3.DE - Dividend Comparison
Neither NBTK.DE nor XDG3.DE has paid dividends to shareholders.
Frequently Asked Questions
NBTK.DE and XDG3.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDG3.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDG3.DE is cheaper with a 0.35% expense ratio, compared with 0.40% for NBTK.DE.
NBTK.DE tracks Nasdaq Biotechnology, while XDG3.DE tracks MSCI ACWI IMI SDG 3 Good Health and Well-being Select. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.40% for NBTK.DE and 0.35% for XDG3.DE.
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