WH2E.DE vs. XGEN.DE
WH2E.DE (Invesco S&P World Health Care ESG UCITS ETF Acc) and XGEN.DE (Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C) are both Health & Biotech Equities funds - WH2E.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care while XGEN.DE tracks the MSCI ACWI IMI Genomic Innovation Select ESG Screened 100. Both are passively managed. Over the past 3 years, WH2E.DE returned 3.13%/yr vs 1.39%/yr for XGEN.DE. A 0.62 correlation means they provide meaningful diversification when combined. WH2E.DE charges 0.18%/yr vs 0.30%/yr for XGEN.DE.
Performance
WH2E.DE vs. XGEN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WH2E.DE achieves a -3.24% return, which is significantly lower than XGEN.DE's -1.40% return.
WH2E.DE
- 1D
- 2.76%
- 1M
- 4.70%
- YTD
- -3.24%
- 6M
- -2.41%
- 1Y
- 10.18%
- 3Y*
- 3.13%
- 5Y*
- —
- 10Y*
- —
XGEN.DE
- 1D
- 3.92%
- 1M
- 6.45%
- YTD
- -1.40%
- 6M
- -3.78%
- 1Y
- 22.37%
- 3Y*
- 1.39%
- 5Y*
- —
- 10Y*
- —
WH2E.DE vs. XGEN.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% |
XGEN.DE Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C | -1.40% | 7.38% | 2.95% | -5.90% |
Correlation
The correlation between WH2E.DE and XGEN.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.62 |
The correlation between WH2E.DE and XGEN.DE has been stable across timeframes, ranging from 0.62 to 0.70 - a consistent structural relationship.
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Return for Risk
WH2E.DE vs. XGEN.DE — Risk / Return Rank
WH2E.DE
XGEN.DE
WH2E.DE vs. XGEN.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 Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C (XGEN.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 | XGEN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.21 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 1.49 | -0.66 |
| Martin ratioReturn relative to average drawdown | 2.15 | 3.61 | -1.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WH2E.DE | XGEN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 1.23 | -0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | -0.11 | +0.31 |
Drawdowns
WH2E.DE vs. XGEN.DE - Drawdown Comparison
The maximum WH2E.DE drawdown since its inception was -22.19%, smaller than the maximum XGEN.DE drawdown of -37.58%. Use the drawdown chart below to compare losses from any high point for WH2E.DE and XGEN.DE.
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Drawdown Indicators
| WH2E.DE | XGEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.19% | -37.58% | +15.39% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -14.99% | +2.76% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -28.21% | +6.02% |
Current DrawdownCurrent decline from peak | -10.45% | -14.86% | +4.41% |
Average DrawdownAverage peak-to-trough decline | -6.94% | -19.44% | +12.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.73% | 6.19% | -1.46% |
Volatility
WH2E.DE vs. XGEN.DE - Volatility Comparison
The current volatility for Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) is 5.21%, while Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF 1C (XGEN.DE) has a volatility of 6.48%. This indicates that WH2E.DE experiences smaller price fluctuations and is considered to be less risky than XGEN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WH2E.DE | XGEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 6.48% | -1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 13.73% | -3.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.86% | 18.19% | -3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.91% | 18.66% | -4.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.91% | 18.66% | -4.75% |
WH2E.DE vs. XGEN.DE - Expense Ratio Comparison
WH2E.DE has a 0.18% expense ratio, which is lower than XGEN.DE's 0.30% expense ratio.
Dividends
WH2E.DE vs. XGEN.DE - Dividend Comparison
Neither WH2E.DE nor XGEN.DE has paid dividends to shareholders.
Frequently Asked Questions
WH2E.DE and XGEN.DE have a correlation of 0.70, 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 0.30% for XGEN.DE.
WH2E.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care, while XGEN.DE tracks MSCI ACWI IMI Genomic Innovation Select ESG Screened 100. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.18% for WH2E.DE and 0.30% for XGEN.DE.
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