WH2E.DE vs. LYPE.DE

Last updated Jun 5, 2026

WH2E.DE (Invesco S&P World Health Care ESG UCITS ETF Acc) and LYPE.DE (Amundi MSCI World Health Care UCITS ETF EUR Acc) are both Health & Biotech Equities funds - WH2E.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care while LYPE.DE tracks the MSCI World Health Care. Both are passively managed. Over the past 3 years, WH2E.DE returned 3.13%/yr vs 2.46%/yr for LYPE.DE. With a 0.97 correlation, they move nearly in lockstep. WH2E.DE charges 0.18%/yr vs 0.30%/yr for LYPE.DE.

Performance

WH2E.DE vs. LYPE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) and Amundi MSCI World Health Care UCITS ETF EUR Acc (LYPE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WH2E.DE achieves a -3.24% return, which is significantly lower than LYPE.DE's -2.00% return.

WH2E.DE

• 1D: 2.76%
• 1M: 4.70%
• YTD: -3.24%
• 6M: -2.41%
• 1Y: 10.18%
• 3Y*: 3.13%
• 5Y*: —
• 10Y*: —

LYPE.DE

• 1D: 2.79%
• 1M: 3.83%
• YTD: -2.00%
• 6M: -1.54%
• 1Y: 9.49%
• 3Y*: 2.46%
• 5Y*: 5.27%
• 10Y*: 7.45%

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

WH2E.DE vs. LYPE.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%
LYPE.DE Amundi MSCI World Health Care UCITS ETF EUR Acc	-2.00%	2.17%	7.03%	0.07%

Correlation

The correlation between WH2E.DE and LYPE.DE is 0.96 - 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	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023	0.97

The correlation between WH2E.DE and LYPE.DE has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

WH2E.DE vs. LYPE.DE — Risk / Return Rank

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

WH2E.DE

WH2E.DE Risk / Return Rank: 21
WH2E.DE Sharpe Ratio Rank: 21
WH2E.DE Sortino Ratio Rank: 22
WH2E.DE Omega Ratio Rank: 20
WH2E.DE Calmar Ratio Rank: 20
WH2E.DE Martin Ratio Rank: 20

LYPE.DE

LYPE.DE Risk / Return Rank: 21
LYPE.DE Sharpe Ratio Rank: 21
LYPE.DE Sortino Ratio Rank: 22
LYPE.DE Omega Ratio Rank: 20
LYPE.DE Calmar Ratio Rank: 21
LYPE.DE Martin Ratio Rank: 20

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.

WH2E.DE vs. LYPE.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 Amundi MSCI World Health Care UCITS ETF EUR Acc (LYPE.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	LYPE.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.68	0.68	0.00
Sortino ratio: Return per unit of downside risk	1.14	1.13	+0.01
Omega ratio: Gain probability vs. loss probability	1.13	1.13	0.00
Calmar ratio: Return relative to maximum drawdown	0.83	0.93	-0.10
Martin ratio: Return relative to average drawdown	2.15	2.27	-0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WH2E.DE vs. LYPE.DE - Sharpe Ratio Comparison

The current WH2E.DE Sharpe Ratio is 0.68, which is comparable to the LYPE.DE Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of WH2E.DE and LYPE.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

	WH2E.DE	LYPE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	0.68	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.39	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.76	-0.56

Drawdowns

WH2E.DE vs. LYPE.DE - Drawdown Comparison

The maximum WH2E.DE drawdown since its inception was -22.19%, smaller than the maximum LYPE.DE drawdown of -25.95%. Use the drawdown chart below to compare losses from any high point for WH2E.DE and LYPE.DE.

Drawdown Indicators

	WH2E.DE	LYPE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.19%	-25.95%	+3.76%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-10.21%	-2.02%
Max Drawdown (3Y) Largest decline over 3 years	-22.19%	-21.30%	-0.89%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.95%	—
Current Drawdown Current decline from peak	-10.45%	-8.75%	-1.70%
Average Drawdown Average peak-to-trough decline	-6.94%	-5.06%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.73%	4.18%	+0.55%

Volatility

WH2E.DE vs. LYPE.DE - Volatility Comparison

Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) has a higher volatility of 5.21% compared to Amundi MSCI World Health Care UCITS ETF EUR Acc (LYPE.DE) at 4.96%. This indicates that WH2E.DE's price experiences larger fluctuations and is considered to be riskier than LYPE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WH2E.DE	LYPE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.21%	4.96%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	10.46%	9.76%	+0.70%
Volatility (1Y) Calculated over the trailing 1-year period	14.86%	13.82%	+1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.91%	13.41%	+0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.91%	14.64%	-0.73%

WH2E.DE vs. LYPE.DE - Expense Ratio Comparison

WH2E.DE has a 0.18% expense ratio, which is lower than LYPE.DE's 0.30% expense ratio.

Dividends

WH2E.DE vs. LYPE.DE - Dividend Comparison

Neither WH2E.DE nor LYPE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WH2E.DE and LYPE.DE in my portfolio?

With a correlation of 0.96, WH2E.DE and LYPE.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, WH2E.DE or LYPE.DE?

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.

Which ETF is cheaper, WH2E.DE or LYPE.DE?

WH2E.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for LYPE.DE.

What is the main difference between WH2E.DE and LYPE.DE?

WH2E.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care, while LYPE.DE tracks MSCI World Health Care. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.18% for WH2E.DE and 0.30% for LYPE.DE.