WELG.DE vs. XUHC.DE

Last updated Jun 5, 2026

WELG.DE (Amundi S&P Global Health Care ESG UCITS ETF EUR Dist) and XUHC.DE (Xtrackers MSCI USA Health Care UCITS ETF 1D) are both Health & Biotech Equities funds - WELG.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care while XUHC.DE tracks the MSCI USA Health Care. Both are passively managed. Over the past 3 years, WELG.DE returned 2.22%/yr vs 3.62%/yr for XUHC.DE. Their correlation of 0.94 suggests significant overlap in exposure. WELG.DE charges 0.18%/yr vs 0.12%/yr for XUHC.DE.

Performance

WELG.DE vs. XUHC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) and Xtrackers MSCI USA Health Care UCITS ETF 1D (XUHC.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WELG.DE achieves a -3.60% return, which is significantly lower than XUHC.DE's -1.34% return.

WELG.DE

• 1D: 2.97%
• 1M: 3.72%
• YTD: -3.60%
• 6M: -3.07%
• 1Y: 7.16%
• 3Y*: 2.22%
• 5Y*: —
• 10Y*: —

XUHC.DE

• 1D: 2.83%
• 1M: 5.38%
• YTD: -1.34%
• 6M: -1.19%
• 1Y: 12.86%
• 3Y*: 3.62%
• 5Y*: 6.62%
• 10Y*: —

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

WELG.DE vs. XUHC.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%
XUHC.DE Xtrackers MSCI USA Health Care UCITS ETF 1D	-1.34%	1.47%	8.81%	-0.83%	1.50%

Correlation

The correlation between WELG.DE and XUHC.DE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022	0.94

The correlation between WELG.DE and XUHC.DE has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

Return for Risk

WELG.DE vs. XUHC.DE — Risk / Return Rank

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

WELG.DE

WELG.DE Risk / Return Rank: 16
WELG.DE Sharpe Ratio Rank: 16
WELG.DE Sortino Ratio Rank: 17
WELG.DE Omega Ratio Rank: 16
WELG.DE Calmar Ratio Rank: 16
WELG.DE Martin Ratio Rank: 15

XUHC.DE

XUHC.DE Risk / Return Rank: 24
XUHC.DE Sharpe Ratio Rank: 25
XUHC.DE Sortino Ratio Rank: 26
XUHC.DE Omega Ratio Rank: 23
XUHC.DE Calmar Ratio Rank: 23
XUHC.DE Martin Ratio Rank: 22

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.

WELG.DE vs. XUHC.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 USA Health Care UCITS ETF 1D (XUHC.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	XUHC.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.47	0.85	-0.37
Sortino ratio: Return per unit of downside risk	0.82	1.35	-0.53
Omega ratio: Gain probability vs. loss probability	1.09	1.15	-0.06
Calmar ratio: Return relative to maximum drawdown	0.55	1.10	-0.54
Martin ratio: Return relative to average drawdown	1.29	2.69	-1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WELG.DE vs. XUHC.DE - Sharpe Ratio Comparison

The current WELG.DE Sharpe Ratio is 0.47, which is lower than the XUHC.DE Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of WELG.DE and XUHC.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

	WELG.DE	XUHC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	0.85	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.56	-0.34

Drawdowns

WELG.DE vs. XUHC.DE - Drawdown Comparison

The maximum WELG.DE drawdown since its inception was -23.11%, smaller than the maximum XUHC.DE drawdown of -26.87%. Use the drawdown chart below to compare losses from any high point for WELG.DE and XUHC.DE.

Drawdown Indicators

	WELG.DE	XUHC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.11%	-26.87%	+3.76%
Max Drawdown (1Y) Largest decline over 1 year	-12.38%	-11.18%	-1.20%
Max Drawdown (3Y) Largest decline over 3 years	-23.11%	-22.19%	-0.92%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.19%	—
Current Drawdown Current decline from peak	-12.09%	-7.48%	-4.61%
Average Drawdown Average peak-to-trough decline	-7.24%	-5.08%	-2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	4.57%	+0.77%

Volatility

WELG.DE vs. XUHC.DE - Volatility Comparison

Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) and Xtrackers MSCI USA Health Care UCITS ETF 1D (XUHC.DE) have volatilities of 5.31% and 5.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WELG.DE	XUHC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	5.19%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	10.25%	10.17%	+0.08%
Volatility (1Y) Calculated over the trailing 1-year period	14.54%	14.51%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.49%	14.42%	-0.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.49%	16.13%	-2.64%

WELG.DE vs. XUHC.DE - Expense Ratio Comparison

WELG.DE has a 0.18% expense ratio, which is higher than XUHC.DE's 0.12% 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

WELG.DE vs. XUHC.DE - Dividend Comparison

WELG.DE's dividend yield for the trailing twelve months is around 1.55%, more than XUHC.DE's 1.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist	1.55%	1.36%	0.92%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%
XUHC.DE Xtrackers MSCI USA Health Care UCITS ETF 1D	1.28%	1.29%	1.21%	1.86%	1.63%	0.82%	1.13%	0.96%	0.55%

Frequently Asked Questions

Can I hold both WELG.DE and XUHC.DE in my portfolio?

With a correlation of 0.95, WELG.DE and XUHC.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.

Which ETF is better, WELG.DE or XUHC.DE?

On fees, XUHC.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WELG.DE or XUHC.DE?

XUHC.DE is cheaper with a 0.12% expense ratio, compared with 0.18% for WELG.DE.

What is the main difference between WELG.DE and XUHC.DE?

WELG.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care, while XUHC.DE tracks MSCI USA Health Care. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.18% for WELG.DE and 0.12% for XUHC.DE.