WH2E.DE vs. WHCS.AS
Compare and contrast key facts about Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) and iShares MSCI World Health Care Sector UCITS ETF USD Inc (WHCS.AS).
WH2E.DE and WHCS.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. WHCS.AS is a passively managed fund by iShares that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Oct 17, 2019. Both WH2E.DE and WHCS.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WH2E.DE or WHCS.AS.
Key characteristics
| WH2E.DE | WHCS.AS | |
|---|---|---|
| YTD Return | 14.52% | 4.73% |
| 1Y Return | 20.66% | 15.12% |
| Sharpe Ratio | 1.99 | 1.15 |
| Sortino Ratio | 2.82 | 1.66 |
| Omega Ratio | 1.36 | 1.19 |
| Calmar Ratio | 2.83 | 1.37 |
| Martin Ratio | 8.94 | 3.69 |
| Ulcer Index | 2.30% | 3.27% |
| Daily Std Dev | 10.36% | 10.66% |
| Max Drawdown | -7.37% | -26.37% |
| Current Drawdown | -4.47% | -6.12% |
Correlation
The correlation between WH2E.DE and WHCS.AS is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WH2E.DE vs. WHCS.AS - Performance Comparison
In the year-to-date period, WH2E.DE achieves a 14.52% return, which is significantly higher than WHCS.AS's 4.73% 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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WH2E.DE vs. WHCS.AS - Expense Ratio Comparison
WH2E.DE has a 0.18% expense ratio, which is lower than WHCS.AS's 1.00% expense ratio.
Risk-Adjusted Performance
WH2E.DE vs. WHCS.AS - 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 iShares MSCI World Health Care Sector UCITS ETF USD Inc (WHCS.AS). 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. WHCS.AS - Dividend Comparison
WH2E.DE has not paid dividends to shareholders, while WHCS.AS's dividend yield for the trailing twelve months is around 0.97%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
WH2E.DE Invesco S&P World Health Care ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WHCS.AS iShares MSCI World Health Care Sector UCITS ETF USD Inc | 0.97% | 1.15% | 1.08% | 1.08% | 1.20% | 0.10% |
Drawdowns
WH2E.DE vs. WHCS.AS - Drawdown Comparison
The maximum WH2E.DE drawdown since its inception was -7.37%, smaller than the maximum WHCS.AS drawdown of -26.37%. Use the drawdown chart below to compare losses from any high point for WH2E.DE and WHCS.AS. For additional features, visit the drawdowns tool.
Volatility
WH2E.DE vs. WHCS.AS - Volatility Comparison
The current volatility for Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) is 2.00%, while iShares MSCI World Health Care Sector UCITS ETF USD Inc (WHCS.AS) has a volatility of 2.63%. This indicates that WH2E.DE experiences smaller price fluctuations and is considered to be less risky than WHCS.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.