WH2E.DE vs. EXV4.DE
WH2E.DE (Invesco S&P World Health Care ESG UCITS ETF Acc) and EXV4.DE (iShares STOXX Europe 600 Health Care UCITS ETF (DE)) are both Health & Biotech Equities funds - WH2E.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care while EXV4.DE tracks the STOXX® Europe 600 Health Care. Both are passively managed. Over the past 3 years, WH2E.DE returned 3.13%/yr vs 2.32%/yr for EXV4.DE. A 0.72 correlation means they provide meaningful diversification when combined. WH2E.DE charges 0.18%/yr vs 0.46%/yr for EXV4.DE.
Performance
WH2E.DE vs. EXV4.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WH2E.DE achieves a -3.24% return, which is significantly lower than EXV4.DE's -2.60% return.
WH2E.DE
- 1D
- 2.76%
- 1M
- 4.70%
- YTD
- -3.24%
- 6M
- -2.41%
- 1Y
- 10.18%
- 3Y*
- 3.13%
- 5Y*
- —
- 10Y*
- —
EXV4.DE
- 1D
- 2.82%
- 1M
- 1.35%
- YTD
- -2.60%
- 6M
- -0.98%
- 1Y
- 4.83%
- 3Y*
- 2.32%
- 5Y*
- 4.98%
- 10Y*
- 5.78%
WH2E.DE vs. EXV4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WH2E.DE Invesco S&P World Health Care ESG UCITS ETF Acc | -3.24% | 2.78% | 7.94% | 1.68% |
EXV4.DE iShares STOXX Europe 600 Health Care UCITS ETF (DE) | -2.60% | 7.23% | 3.85% | -1.69% |
Correlation
The correlation between WH2E.DE and EXV4.DE is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.72 |
The correlation between WH2E.DE and EXV4.DE has been stable across timeframes, ranging from 0.72 to 0.73 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WH2E.DE vs. EXV4.DE — Risk / Return Rank
WH2E.DE
EXV4.DE
WH2E.DE vs. EXV4.DE - Risk-Adjusted Trends 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 iShares STOXX Europe 600 Health Care UCITS ETF (DE) (EXV4.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.
| WH2E.DE | EXV4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.06 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 0.38 | +0.45 |
| Martin ratioReturn relative to average drawdown | 2.15 | 0.84 | +1.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WH2E.DE | EXV4.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 0.29 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.32 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.32 | -0.12 |
Drawdowns
WH2E.DE vs. EXV4.DE - Drawdown Comparison
The maximum WH2E.DE drawdown since its inception was -22.19%, smaller than the maximum EXV4.DE drawdown of -44.54%. Use the drawdown chart below to compare losses from any high point for WH2E.DE and EXV4.DE.
Loading charts...
Drawdown Indicators
| WH2E.DE | EXV4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.19% | -44.54% | +22.35% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -12.57% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -26.55% | +4.36% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.55% | — |
Current DrawdownCurrent decline from peak | -10.45% | -11.65% | +1.20% |
Average DrawdownAverage peak-to-trough decline | -6.94% | -11.17% | +4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.73% | 5.72% | -0.99% |
Volatility
WH2E.DE vs. EXV4.DE - Volatility Comparison
The current volatility for Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) is 5.21%, while iShares STOXX Europe 600 Health Care UCITS ETF (DE) (EXV4.DE) has a volatility of 5.58%. This indicates that WH2E.DE experiences smaller price fluctuations and is considered to be less risky than EXV4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WH2E.DE | EXV4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 5.58% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 11.86% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.86% | 16.68% | -1.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.91% | 15.55% | -1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.91% | 15.74% | -1.83% |
WH2E.DE vs. EXV4.DE - Expense Ratio Comparison
WH2E.DE has a 0.18% expense ratio, which is lower than EXV4.DE's 0.46% expense ratio.
Dividends
WH2E.DE vs. EXV4.DE - Dividend Comparison
WH2E.DE has not paid dividends to shareholders, while EXV4.DE's dividend yield for the trailing twelve months is around 1.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXV4.DE iShares STOXX Europe 600 Health Care UCITS ETF (DE) | 1.61% | 1.58% | 1.45% | 1.60% | 1.59% | 1.47% | 1.24% | 1.79% | 1.85% | 2.64% | 2.90% | 2.60% |
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% |
Frequently Asked Questions
WH2E.DE and EXV4.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WH2E.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WH2E.DE is cheaper with a 0.18% expense ratio, compared with 0.46% for EXV4.DE.
WH2E.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care, while EXV4.DE tracks STOXX® Europe 600 Health Care. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.18% for WH2E.DE and 0.46% for EXV4.DE.
Find the right allocation for WH2E.DE and EXV4.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer