VWCE.DE vs. ESIH.DE
VWCE.DE (Vanguard FTSE All-World UCITS ETF) and ESIH.DE (iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc)) are both exchange-traded funds - VWCE.DE is a Global Equities fund tracking the FTSE All-World Index, while ESIH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past 5 years, VWCE.DE returned 11.93%/yr vs 4.88%/yr for ESIH.DE. At a 0.45 correlation, their price movements are largely independent. VWCE.DE charges 0.19%/yr vs 0.18%/yr for ESIH.DE.
Performance
VWCE.DE vs. ESIH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VWCE.DE achieves a 11.26% return, which is significantly higher than ESIH.DE's -2.67% return.
VWCE.DE
- 1D
- 0.15%
- 1M
- 2.31%
- YTD
- 11.26%
- 6M
- 11.96%
- 1Y
- 24.29%
- 3Y*
- 17.30%
- 5Y*
- 11.93%
- 10Y*
- —
ESIH.DE
- 1D
- -0.43%
- 1M
- 1.76%
- YTD
- -2.67%
- 6M
- -1.14%
- 1Y
- 4.37%
- 3Y*
- 2.90%
- 5Y*
- 4.88%
- 10Y*
- —
VWCE.DE vs. ESIH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.26% | 9.16% | 24.41% | 18.18% | -13.47% | 28.62% | 1.61% |
ESIH.DE iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) | -2.67% | 7.88% | 4.10% | 7.64% | -4.54% | 25.92% | -0.61% |
Correlation
The correlation between VWCE.DE and ESIH.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2020 | 0.45 |
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Return for Risk
VWCE.DE vs. ESIH.DE — Risk / Return Rank
VWCE.DE
ESIH.DE
VWCE.DE vs. ESIH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF (VWCE.DE) and iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) (ESIH.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.
| VWCE.DE | ESIH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.85 | ||
| Sortino ratioReturn per unit of downside risk | +2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.06 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 0.35 | +3.33 |
| Martin ratioReturn relative to average drawdown | 15.26 | 0.77 | +14.49 |
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
| VWCE.DE | ESIH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 0.26 | +1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.30 | +0.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.40 | +0.37 |
Drawdowns
VWCE.DE vs. ESIH.DE - Drawdown Comparison
The maximum VWCE.DE drawdown since its inception was -33.43%, which is greater than ESIH.DE's maximum drawdown of -26.76%. Use the drawdown chart below to compare losses from any high point for VWCE.DE and ESIH.DE.
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Drawdown Indicators
| VWCE.DE | ESIH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.43% | -26.76% | -6.67% |
Max Drawdown (1Y)Largest decline over 1 year | -6.55% | -12.81% | +6.26% |
Max Drawdown (3Y)Largest decline over 3 years | -21.07% | -26.76% | +5.69% |
Max Drawdown (5Y)Largest decline over 5 years | -21.07% | -26.76% | +5.69% |
Current DrawdownCurrent decline from peak | -1.87% | -11.27% | +9.40% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -7.22% | +2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 5.85% | -4.27% |
Volatility
VWCE.DE vs. ESIH.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World UCITS ETF (VWCE.DE) is 3.29%, while iShares MSCI Europe Health Care Sector UCITS ETF EUR (Acc) (ESIH.DE) has a volatility of 5.95%. This indicates that VWCE.DE experiences smaller price fluctuations and is considered to be less risky than ESIH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VWCE.DE | ESIH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 5.95% | -2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 8.24% | 12.13% | -3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 17.25% | -5.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.76% | 15.92% | -2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.15% | 15.68% | +0.47% |
VWCE.DE vs. ESIH.DE - Expense Ratio Comparison
VWCE.DE has a 0.19% expense ratio, which is higher than ESIH.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VWCE.DE vs. ESIH.DE - Dividend Comparison
Neither VWCE.DE nor ESIH.DE has paid dividends to shareholders.
Frequently Asked Questions
VWCE.DE and ESIH.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIH.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIH.DE is cheaper with a 0.18% expense ratio, compared with 0.19% for VWCE.DE.
VWCE.DE is categorized as Global Equities, while ESIH.DE is Health & Biotech Equities. VWCE.DE tracks FTSE All-World Index, while ESIH.DE tracks MSCI World/Health Care NR USD. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.19% for VWCE.DE and 0.18% for ESIH.DE.
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