WBIO.L vs. HEAE.L
Compare and contrast key facts about WisdomTree BioRevolution UCITS ETF USD Acc (WBIO.L) and SPDR MSCI Europe Health Care UCITS ETF (HEAE.L).
WBIO.L and HEAE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WBIO.L is a passively managed fund by WisdomTree that tracks the performance of the NASDAQ Biotechnology TR USD. It was launched on Dec 3, 2021. HEAE.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Dec 5, 2014. Both WBIO.L and HEAE.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
WBIO.L vs. HEAE.L - Performance Comparison
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WBIO.L vs. HEAE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WBIO.L WisdomTree BioRevolution UCITS ETF USD Acc | 6.20% | 13.58% | -14.08% | -5.86% | -9.15% |
HEAE.L SPDR MSCI Europe Health Care UCITS ETF | 0.21% | 13.38% | -1.21% | 5.53% | -5.60% |
Different Trading Currencies
WBIO.L is traded in GBp, while HEAE.L is traded in GBP. To make them comparable, the HEAE.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WBIO.L achieves a 6.20% return, which is significantly higher than HEAE.L's 0.21% return.
WBIO.L
- 1D
- 2.24%
- 1M
- -1.78%
- YTD
- 6.20%
- 6M
- 13.76%
- 1Y
- 40.66%
- 3Y*
- 0.37%
- 5Y*
- —
- 10Y*
- —
HEAE.L
- 1D
- 1.41%
- 1M
- -4.98%
- YTD
- 0.21%
- 6M
- 5.73%
- 1Y
- 9.78%
- 3Y*
- 4.85%
- 5Y*
- —
- 10Y*
- —
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WBIO.L vs. HEAE.L - Expense Ratio Comparison
WBIO.L has a 0.45% expense ratio, which is higher than HEAE.L's 0.18% expense ratio.
Return for Risk
WBIO.L vs. HEAE.L — Risk / Return Rank
WBIO.L
HEAE.L
WBIO.L vs. HEAE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree BioRevolution UCITS ETF USD Acc (WBIO.L) and SPDR MSCI Europe Health Care UCITS ETF (HEAE.L). 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.
| WBIO.L | HEAE.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 0.53 | +0.87 |
Sortino ratioReturn per unit of downside risk | 1.95 | 0.85 | +1.10 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.11 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 3.61 | 0.77 | +2.83 |
Martin ratioReturn relative to average drawdown | 8.49 | 2.42 | +6.07 |
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
| WBIO.L | HEAE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 0.53 | +0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | 0.20 | -0.43 |
Correlation
The correlation between WBIO.L and HEAE.L is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
WBIO.L vs. HEAE.L - Dividend Comparison
Neither WBIO.L nor HEAE.L has paid dividends to shareholders.
Drawdowns
WBIO.L vs. HEAE.L - Drawdown Comparison
The maximum WBIO.L drawdown since its inception was -51.13%, which is greater than HEAE.L's maximum drawdown of -24.51%. Use the drawdown chart below to compare losses from any high point for WBIO.L and HEAE.L.
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Drawdown Indicators
| WBIO.L | HEAE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.13% | -24.51% | -26.62% |
Max Drawdown (1Y)Largest decline over 1 year | -11.52% | -13.73% | +2.21% |
Current DrawdownCurrent decline from peak | -21.86% | -8.48% | -13.38% |
Average DrawdownAverage peak-to-trough decline | -26.52% | -7.56% | -18.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.89% | 4.39% | +0.50% |
Volatility
WBIO.L vs. HEAE.L - Volatility Comparison
WisdomTree BioRevolution UCITS ETF USD Acc (WBIO.L) has a higher volatility of 7.91% compared to SPDR MSCI Europe Health Care UCITS ETF (HEAE.L) at 5.19%. This indicates that WBIO.L's price experiences larger fluctuations and is considered to be riskier than HEAE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WBIO.L | HEAE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.91% | 5.19% | +2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 20.28% | 10.81% | +9.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.02% | 18.64% | +10.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.78% | 16.15% | +7.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.78% | 16.15% | +7.63% |