WHCS.AS vs. WH2E.DE
Compare and contrast key facts about iShares MSCI World Health Care Sector UCITS ETF USD Inc (WHCS.AS) and Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE).
WHCS.AS and WH2E.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both WHCS.AS and WH2E.DE 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: WHCS.AS or WH2E.DE.
Key characteristics
| WHCS.AS | WH2E.DE | |
|---|---|---|
| YTD Return | 4.73% | 14.52% |
| 1Y Return | 15.12% | 20.66% |
| Sharpe Ratio | 1.15 | 1.99 |
| Sortino Ratio | 1.66 | 2.82 |
| Omega Ratio | 1.19 | 1.36 |
| Calmar Ratio | 1.37 | 2.83 |
| Martin Ratio | 3.69 | 8.94 |
| Ulcer Index | 3.27% | 2.30% |
| Daily Std Dev | 10.66% | 10.36% |
| Max Drawdown | -26.37% | -7.37% |
| Current Drawdown | -6.12% | -4.47% |
Correlation
The correlation between WHCS.AS and WH2E.DE 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
WHCS.AS vs. WH2E.DE - Performance Comparison
In the year-to-date period, WHCS.AS achieves a 4.73% return, which is significantly lower than WH2E.DE's 14.52% 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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WHCS.AS vs. WH2E.DE - Expense Ratio Comparison
WHCS.AS has a 1.00% expense ratio, which is higher than WH2E.DE's 0.18% expense ratio.
Risk-Adjusted Performance
WHCS.AS vs. WH2E.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Health Care Sector UCITS ETF USD Inc (WHCS.AS) and Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.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.
Dividends
WHCS.AS vs. WH2E.DE - Dividend Comparison
WHCS.AS's dividend yield for the trailing twelve months is around 0.97%, while WH2E.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
WHCS.AS iShares MSCI World Health Care Sector UCITS ETF USD Inc | 0.97% | 1.15% | 1.08% | 1.08% | 1.20% | 0.10% |
WH2E.DE Invesco S&P World Health Care ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WHCS.AS vs. WH2E.DE - Drawdown Comparison
The maximum WHCS.AS drawdown since its inception was -26.37%, which is greater than WH2E.DE's maximum drawdown of -7.37%. Use the drawdown chart below to compare losses from any high point for WHCS.AS and WH2E.DE. For additional features, visit the drawdowns tool.
Volatility
WHCS.AS vs. WH2E.DE - Volatility Comparison
iShares MSCI World Health Care Sector UCITS ETF USD Inc (WHCS.AS) has a higher volatility of 2.63% compared to Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) at 2.00%. This indicates that WHCS.AS's price experiences larger fluctuations and is considered to be riskier than WH2E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.