WH2E.DE vs. AZN.L
Compare and contrast key facts about Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) and AstraZeneca plc (AZN.L).
WH2E.DE is a passively managed fund by Invesco that tracks the performance of the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care. It was launched on Apr 12, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WH2E.DE or AZN.L.
Key characteristics
| WH2E.DE | AZN.L | |
|---|---|---|
| YTD Return | 14.52% | -3.74% |
| 1Y Return | 20.66% | 1.13% |
| Sharpe Ratio | 1.99 | -0.02 |
| Sortino Ratio | 2.82 | 0.11 |
| Omega Ratio | 1.36 | 1.02 |
| Calmar Ratio | 2.83 | -0.02 |
| Martin Ratio | 8.94 | -0.07 |
| Ulcer Index | 2.30% | 6.55% |
| Daily Std Dev | 10.36% | 21.27% |
| Max Drawdown | -7.37% | -49.99% |
| Current Drawdown | -4.47% | -24.79% |
Correlation
The correlation between WH2E.DE and AZN.L is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WH2E.DE vs. AZN.L - Performance Comparison
In the year-to-date period, WH2E.DE achieves a 14.52% return, which is significantly higher than AZN.L's -3.74% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WH2E.DE vs. AZN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) and AstraZeneca plc (AZN.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.
Dividends
WH2E.DE vs. AZN.L - Dividend Comparison
WH2E.DE has not paid dividends to shareholders, while AZN.L's dividend yield for the trailing twelve months is around 2.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WH2E.DE Invesco S&P World Health Care ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AZN.L AstraZeneca plc | 2.34% | 2.21% | 1.98% | 2.33% | 2.95% | 2.87% | 3.44% | 4.28% | 4.50% | 3.95% | 3.73% | 5.03% |
Drawdowns
WH2E.DE vs. AZN.L - Drawdown Comparison
The maximum WH2E.DE drawdown since its inception was -7.37%, smaller than the maximum AZN.L drawdown of -49.99%. Use the drawdown chart below to compare losses from any high point for WH2E.DE and AZN.L. For additional features, visit the drawdowns tool.
Volatility
WH2E.DE vs. AZN.L - Volatility Comparison
The current volatility for Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) is 2.00%, while AstraZeneca plc (AZN.L) has a volatility of 9.46%. This indicates that WH2E.DE experiences smaller price fluctuations and is considered to be less risky than AZN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.