SC0T.DE vs. XDWH.DE
SC0T.DE (Invesco European Health Care Sector UCITS ETF) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both Health & Biotech Equities funds - SC0T.DE tracks the STOXX® Europe 600 Optimised Health Care while XDWH.DE tracks the MSCI World/Health Care NR USD. Both are passively managed. Over the past 10 years, SC0T.DE returned 5.80%/yr vs 7.61%/yr for XDWH.DE. A 0.76 correlation means they provide meaningful diversification when combined. SC0T.DE charges 0.20%/yr vs 0.25%/yr for XDWH.DE.
Performance
SC0T.DE vs. XDWH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0T.DE achieves a -3.57% return, which is significantly lower than XDWH.DE's -1.98% return. Over the past 10 years, SC0T.DE has underperformed XDWH.DE with an annualized return of 5.80%, while XDWH.DE has yielded a comparatively higher 7.61% annualized return.
SC0T.DE
- 1D
- 2.93%
- 1M
- 0.25%
- YTD
- -3.57%
- 6M
- -2.50%
- 1Y
- 2.66%
- 3Y*
- 2.80%
- 5Y*
- 4.81%
- 10Y*
- 5.80%
XDWH.DE
- 1D
- 2.85%
- 1M
- 3.42%
- YTD
- -1.98%
- 6M
- -1.51%
- 1Y
- 9.79%
- 3Y*
- 2.67%
- 5Y*
- 5.50%
- 10Y*
- 7.61%
SC0T.DE vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0T.DE Invesco European Health Care Sector UCITS ETF | -3.57% | 8.45% | 6.96% | 5.35% | -7.56% | 25.20% | -1.18% | 32.22% | -1.43% | 4.65% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | -1.98% | 2.21% | 7.44% | 0.04% | -0.07% | 30.55% | 2.69% | 27.24% | 5.96% | 5.52% |
Correlation
The correlation between SC0T.DE and XDWH.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2016 | 0.76 |
The correlation between SC0T.DE and XDWH.DE has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.
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Return for Risk
SC0T.DE vs. XDWH.DE — Risk / Return Rank
SC0T.DE
XDWH.DE
SC0T.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Health Care Sector UCITS ETF (SC0T.DE) 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.
| SC0T.DE | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.13 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 0.93 | -0.68 |
| Martin ratioReturn relative to average drawdown | 0.56 | 2.28 | -1.72 |
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
| SC0T.DE | XDWH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 0.70 | -0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.41 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.51 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.55 | +0.08 |
Drawdowns
SC0T.DE vs. XDWH.DE - Drawdown Comparison
The maximum SC0T.DE drawdown since its inception was -26.52%, roughly equal to the maximum XDWH.DE drawdown of -26.08%. Use the drawdown chart below to compare losses from any high point for SC0T.DE and XDWH.DE.
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Drawdown Indicators
| SC0T.DE | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.52% | -26.08% | -0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -10.32% | -2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -21.67% | -21.12% | -0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -21.67% | -21.12% | -0.55% |
Max Drawdown (10Y)Largest decline over 10 years | -26.52% | -26.08% | -0.44% |
Current DrawdownCurrent decline from peak | -9.59% | -8.51% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -4.82% | -1.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.58% | 4.20% | +1.38% |
Volatility
SC0T.DE vs. XDWH.DE - Volatility Comparison
Invesco European Health Care Sector UCITS ETF (SC0T.DE) has a higher volatility of 5.31% compared to Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) at 4.81%. This indicates that SC0T.DE'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
| SC0T.DE | XDWH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 4.81% | +0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 11.43% | 9.51% | +1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.98% | 13.69% | +2.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.84% | 13.43% | +1.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 14.69% | +0.70% |
SC0T.DE vs. XDWH.DE - Expense Ratio Comparison
SC0T.DE has a 0.20% expense ratio, which is lower than XDWH.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SC0T.DE vs. XDWH.DE - Dividend Comparison
Neither SC0T.DE nor XDWH.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0T.DE and XDWH.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0T.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0T.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XDWH.DE.
SC0T.DE tracks STOXX® Europe 600 Optimised Health Care, while XDWH.DE tracks MSCI World/Health Care NR USD. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.20% for SC0T.DE and 0.25% for XDWH.DE.
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