RTWO.L vs. XDWH.DE
RTWO.L (L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - RTWO.L is a Small Cap Blend Equities fund tracking the Russell 2000 0.4 Quality Target Exposure Factor Index, while XDWH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past 10 years, RTWO.L returned 11.22%/yr vs 7.85%/yr for XDWH.DE. A 0.51 correlation means they provide meaningful diversification when combined. RTWO.L charges 0.30%/yr vs 0.25%/yr for XDWH.DE.
Performance
RTWO.L vs. XDWH.DE - Performance Comparison
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Different Trading Currencies
RTWO.L is traded in USD, while XDWH.DE is traded in EUR. To make them comparable, the XDWH.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RTWO.L achieves a 16.74% return, which is significantly higher than XDWH.DE's -3.10% return. Over the past 10 years, RTWO.L has outperformed XDWH.DE with an annualized return of 11.22%, while XDWH.DE has yielded a comparatively lower 7.85% annualized return.
RTWO.L
- 1D
- 1.19%
- 1M
- 2.96%
- YTD
- 16.74%
- 6M
- 16.37%
- 1Y
- 35.32%
- 3Y*
- 17.85%
- 5Y*
- 7.19%
- 10Y*
- 11.22%
XDWH.DE
- 1D
- 2.97%
- 1M
- 3.22%
- YTD
- -3.10%
- 6M
- -1.82%
- 1Y
- 11.48%
- 3Y*
- 5.47%
- 5Y*
- 4.52%
- 10Y*
- 7.85%
RTWO.L vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RTWO.L L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc | 16.74% | 11.33% | 9.23% | 20.06% | -18.68% | 19.21% | 19.82% | 24.50% | -12.79% | 14.73% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | -3.10% | 15.39% | 1.30% | 3.21% | -5.57% | 20.25% | 12.72% | 24.55% | 0.98% | 20.44% |
Correlation
The correlation between RTWO.L and XDWH.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2016 | 0.51 |
The correlation between RTWO.L and XDWH.DE shifts across timeframes, from 0.38 (3 years) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RTWO.L vs. XDWH.DE — Risk / Return Rank
RTWO.L
XDWH.DE
RTWO.L vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (RTWO.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.
| RTWO.L | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.15 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 1.09 | +2.79 |
| Martin ratioReturn relative to average drawdown | 12.63 | 2.75 | +9.89 |
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
| RTWO.L | XDWH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.07 | 0.80 | +1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.31 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.52 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.55 | +0.04 |
Drawdowns
RTWO.L vs. XDWH.DE - Drawdown Comparison
The maximum RTWO.L drawdown since its inception was -42.35%, which is greater than XDWH.DE's maximum drawdown of -26.61%. Use the drawdown chart below to compare losses from any high point for RTWO.L and XDWH.DE.
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Drawdown Indicators
| RTWO.L | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.35% | -26.61% | -15.74% |
Max Drawdown (1Y)Largest decline over 1 year | -9.08% | -10.53% | +1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -26.96% | -20.28% | -6.68% |
Max Drawdown (5Y)Largest decline over 5 years | -29.71% | -20.28% | -9.43% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -26.61% | -15.74% |
Current DrawdownCurrent decline from peak | 0.00% | -6.01% | +6.01% |
Average DrawdownAverage peak-to-trough decline | -7.89% | -5.03% | -2.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 4.17% | -1.38% |
Volatility
RTWO.L vs. XDWH.DE - Volatility Comparison
L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (RTWO.L) has a higher volatility of 5.46% compared to Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) at 4.74%. This indicates that RTWO.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.
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Volatility by Period
| RTWO.L | XDWH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.46% | 4.74% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 12.25% | 10.25% | +2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.98% | 14.27% | +2.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.06% | 14.28% | +6.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.48% | 15.06% | +6.42% |
RTWO.L vs. XDWH.DE - Expense Ratio Comparison
RTWO.L has a 0.30% expense ratio, which is higher than XDWH.DE's 0.25% expense ratio.
Dividends
RTWO.L vs. XDWH.DE - Dividend Comparison
Neither RTWO.L nor XDWH.DE has paid dividends to shareholders.
Frequently Asked Questions
RTWO.L and XDWH.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDWH.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWH.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for RTWO.L.
RTWO.L is categorized as Small Cap Blend Equities, while XDWH.DE is Health & Biotech Equities. RTWO.L tracks Russell 2000 0.4 Quality Target Exposure Factor Index, while XDWH.DE tracks MSCI World/Health Care NR USD. They also come from different issuers: L&G and Xtrackers. Their fees differ too: 0.30% for RTWO.L and 0.25% for XDWH.DE.
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