V0IH.DE vs. WELP.DE

Last updated Jun 5, 2026

V0IH.DE (VanEck Oil Services UCITS ETF A) and WELP.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Energy Equities funds - V0IH.DE tracks the MarketVector US Listed Oil Services 10% Capped while WELP.DE tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, V0IH.DE returned 18.80%/yr vs 14.42%/yr for WELP.DE. Their correlation of 0.81 suggests significant overlap in exposure. V0IH.DE charges 0.35%/yr vs 0.59%/yr for WELP.DE.

Performance

V0IH.DE vs. WELP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Oil Services UCITS ETF A (V0IH.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, V0IH.DE achieves a 55.27% return, which is significantly higher than WELP.DE's 34.22% return.

V0IH.DE

• 1D: 0.53%
• 1M: 1.36%
• YTD: 55.27%
• 6M: 44.59%
• 1Y: 95.72%
• 3Y*: 18.80%
• 5Y*: —
• 10Y*: —

WELP.DE

• 1D: -0.43%
• 1M: 2.87%
• YTD: 34.22%
• 6M: 29.93%
• 1Y: 43.27%
• 3Y*: 14.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

V0IH.DE vs. WELP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
V0IH.DE VanEck Oil Services UCITS ETF A	55.27%	-0.77%	-6.42%	13.18%
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF	34.22%	-1.54%	7.90%	1.53%

Correlation

The correlation between V0IH.DE and WELP.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	0.80
Correlation (All Time) Calculated using the full available price history since Apr 6, 2023	0.81

The correlation between V0IH.DE and WELP.DE has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.

Return for Risk

V0IH.DE vs. WELP.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

V0IH.DE

V0IH.DE Risk / Return Rank: 90
V0IH.DE Sharpe Ratio Rank: 93
V0IH.DE Sortino Ratio Rank: 88
V0IH.DE Omega Ratio Rank: 82
V0IH.DE Calmar Ratio Rank: 97
V0IH.DE Martin Ratio Rank: 93

WELP.DE

WELP.DE Risk / Return Rank: 66
WELP.DE Sharpe Ratio Rank: 68
WELP.DE Sortino Ratio Rank: 60
WELP.DE Omega Ratio Rank: 64
WELP.DE Calmar Ratio Rank: 71
WELP.DE Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

V0IH.DE vs. WELP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Services UCITS ETF A (V0IH.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.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.

	V0IH.DE	WELP.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.30	2.21	+1.09
Sortino ratio: Return per unit of downside risk	3.92	2.80	+1.12
Omega ratio: Gain probability vs. loss probability	1.48	1.38	+0.10
Calmar ratio: Return relative to maximum drawdown	10.49	3.47	+7.01
Martin ratio: Return relative to average drawdown	24.98	11.93	+13.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

V0IH.DE vs. WELP.DE - Sharpe Ratio Comparison

The current V0IH.DE Sharpe Ratio is 3.30, which is higher than the WELP.DE Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of V0IH.DE and WELP.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	V0IH.DE	WELP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.30	2.21	+1.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.61	-0.05

Drawdowns

V0IH.DE vs. WELP.DE - Drawdown Comparison

The maximum V0IH.DE drawdown since its inception was -44.39%, which is greater than WELP.DE's maximum drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for V0IH.DE and WELP.DE.

Drawdown Indicators

	V0IH.DE	WELP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-44.39%	-23.55%	-20.84%
Max Drawdown (1Y) Largest decline over 1 year	-9.09%	-12.22%	+3.13%
Max Drawdown (3Y) Largest decline over 3 years	-44.39%	-23.55%	-20.84%
Current Drawdown Current decline from peak	-3.97%	-4.77%	+0.80%
Average Drawdown Average peak-to-trough decline	-15.06%	-7.88%	-7.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	3.56%	+0.26%

Volatility

V0IH.DE vs. WELP.DE - Volatility Comparison

VanEck Oil Services UCITS ETF A (V0IH.DE) has a higher volatility of 8.79% compared to HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) at 6.37%. This indicates that V0IH.DE's price experiences larger fluctuations and is considered to be riskier than WELP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V0IH.DE	WELP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.79%	6.37%	+2.42%
Volatility (6M) Calculated over the trailing 6-month period	20.57%	16.27%	+4.30%
Volatility (1Y) Calculated over the trailing 1-year period	29.00%	19.25%	+9.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.69%	19.61%	+10.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.69%	19.61%	+10.08%

V0IH.DE vs. WELP.DE - Expense Ratio Comparison

V0IH.DE has a 0.35% expense ratio, which is lower than WELP.DE's 0.59% expense ratio.

Dividends

V0IH.DE vs. WELP.DE - Dividend Comparison

V0IH.DE has not paid dividends to shareholders, while WELP.DE's dividend yield for the trailing twelve months is around 2.85%.

Position	TTM	2025	2024	2023
V0IH.DE VanEck Oil Services UCITS ETF A	0.00%	0.00%	0.00%	0.00%
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF	2.85%	3.78%	3.64%	0.79%

Frequently Asked Questions

Can I hold both V0IH.DE and WELP.DE in my portfolio?

V0IH.DE and WELP.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.

Which ETF is better, V0IH.DE or WELP.DE?

On fees, V0IH.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, V0IH.DE or WELP.DE?

V0IH.DE is cheaper with a 0.35% expense ratio, compared with 0.59% for WELP.DE.

What is the main difference between V0IH.DE and WELP.DE?

V0IH.DE tracks MarketVector US Listed Oil Services 10% Capped, while WELP.DE tracks MSCI World/Energy NR USD. They also come from different issuers: VanEck and Amundi. Their fees differ too: 0.35% for V0IH.DE and 0.59% for WELP.DE.