WELG.DE vs. XDWH.DE
WELG.DE (Amundi S&P Global Health Care ESG UCITS ETF EUR Dist) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both Health & Biotech Equities funds - WELG.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care while XDWH.DE tracks the MSCI World/Health Care NR USD. Both are passively managed. Over the past 3 years, WELG.DE returned 2.22%/yr vs 2.67%/yr for XDWH.DE. With a 0.98 correlation, they move nearly in lockstep. WELG.DE charges 0.18%/yr vs 0.25%/yr for XDWH.DE.
Performance
WELG.DE vs. XDWH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELG.DE achieves a -3.60% return, which is significantly lower than XDWH.DE's -1.98% return.
WELG.DE
- 1D
- 2.97%
- 1M
- 3.72%
- YTD
- -3.60%
- 6M
- -3.07%
- 1Y
- 7.16%
- 3Y*
- 2.22%
- 5Y*
- —
- 10Y*
- —
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%
WELG.DE vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | -3.60% | 1.26% | 7.51% | 1.94% | 4.13% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | -1.98% | 2.21% | 7.44% | 0.04% | 2.14% |
Correlation
The correlation between WELG.DE and XDWH.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.98 |
The correlation between WELG.DE and XDWH.DE has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.
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Return for Risk
WELG.DE vs. XDWH.DE — Risk / Return Rank
WELG.DE
XDWH.DE
WELG.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.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.
| WELG.DE | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.13 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 0.93 | -0.37 |
| Martin ratioReturn relative to average drawdown | 1.29 | 2.28 | -1.00 |
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
| WELG.DE | XDWH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 0.70 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.41 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.55 | -0.33 |
Drawdowns
WELG.DE vs. XDWH.DE - Drawdown Comparison
The maximum WELG.DE drawdown since its inception was -23.11%, smaller than the maximum XDWH.DE drawdown of -26.08%. Use the drawdown chart below to compare losses from any high point for WELG.DE and XDWH.DE.
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Drawdown Indicators
| WELG.DE | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.11% | -26.08% | +2.97% |
Max Drawdown (1Y)Largest decline over 1 year | -12.38% | -10.32% | -2.06% |
Max Drawdown (3Y)Largest decline over 3 years | -23.11% | -21.12% | -1.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.08% | — |
Current DrawdownCurrent decline from peak | -12.09% | -8.51% | -3.58% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -4.82% | -2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.34% | 4.20% | +1.14% |
Volatility
WELG.DE vs. XDWH.DE - Volatility Comparison
Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.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 WELG.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
| WELG.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 | 10.25% | 9.51% | +0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.54% | 13.69% | +0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.49% | 13.43% | +0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.49% | 14.69% | -1.20% |
WELG.DE vs. XDWH.DE - Expense Ratio Comparison
WELG.DE has a 0.18% 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
WELG.DE vs. XDWH.DE - Dividend Comparison
WELG.DE's dividend yield for the trailing twelve months is around 1.55%, while XDWH.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 1.55% | 1.36% | 0.92% | 0.17% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, WELG.DE and XDWH.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, WELG.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELG.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for XDWH.DE.
WELG.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care, while XDWH.DE tracks MSCI World/Health Care NR USD. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.18% for WELG.DE and 0.25% for XDWH.DE.
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