WHEA.AS vs. ^SP500TR
WHEA.AS (State Street SPDR MSCI World Health Care UCITS ETF) is Health & Biotech Equities fund tracking the MSCI World Health Care 35/20 Capped Index, while ^SP500TR (S&P 500 Total Return) is an index. Over the past 10 years, WHEA.AS returned 7.70%/yr vs 14.66%/yr for ^SP500TR. At a 0.47 correlation, their price movements are largely independent.
Performance
WHEA.AS vs. ^SP500TR - Performance Comparison
Loading charts...
Different Trading Currencies
WHEA.AS is traded in EUR, while ^SP500TR is traded in USD. To make them comparable, the ^SP500TR values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WHEA.AS achieves a 4.74% return, which is significantly lower than ^SP500TR's 13.68% return. Over the past 10 years, WHEA.AS has underperformed ^SP500TR with an annualized return of 7.70%, while ^SP500TR has yielded a comparatively higher 14.66% annualized return.
WHEA.AS
- 1D
- 0.00%
- 1M
- 6.58%
- 6M
- 4.29%
- YTD
- 4.74%
- 1Y
- 21.93%
- 3Y*
- 5.05%
- 5Y*
- 4.98%
- 10Y*
- 7.70%
- ALL TIME*
- 10.34%
^SP500TR
- 1D
- 0.93%
- 1M
- 0.67%
- 6M
- 14.21%
- YTD
- 13.68%
- 1Y
- 23.53%
- 3Y*
- 18.89%
- 5Y*
- 13.78%
- 10Y*
- 14.66%
- ALL TIME*
- 12.35%
WHEA.AS vs. ^SP500TR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WHEA.AS State Street SPDR MSCI World Health Care UCITS ETF | 4.74% | 2.03% | 7.60% | 0.67% | -0.70% | 30.65% | 3.27% | 25.71% | 6.68% | 5.47% |
^SP500TR S&P 500 Total Return | 13.68% | 3.89% | 33.27% | 22.50% | -13.04% | 38.33% | 8.64% | 34.46% | 0.10% | 6.86% |
Correlation
The correlation between WHEA.AS and ^SP500TR is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2009 | 0.47 |
Over the past year, the correlation between WHEA.AS and ^SP500TR has dropped to 0.14 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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
WHEA.AS vs. ^SP500TR — Risk / Return Rank
WHEA.AS
^SP500TR
WHEA.AS vs. ^SP500TR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR MSCI World Health Care UCITS ETF (WHEA.AS) and S&P 500 Total Return (^SP500TR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WHEA.AS | ^SP500TR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.34 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 3.23 | -1.11 |
| Martin ratioReturn relative to average drawdown | 5.26 | 12.04 | -6.77 |
Loading charts...
Drawdowns
WHEA.AS vs. ^SP500TR - Drawdown Comparison
The maximum WHEA.AS drawdown since its inception was -25.77%, smaller than the maximum ^SP500TR drawdown of -48.09%. Use the drawdown chart below to compare losses from any high point for WHEA.AS and ^SP500TR.
Loading charts...
Drawdown Indicators
| WHEA.AS | ^SP500TR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.77% | -48.09% | +22.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.31% | -7.32% | -2.99% |
Max Drawdown (3Y)Largest decline over 3 years | -21.20% | -23.82% | +2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -21.20% | -23.82% | +2.62% |
Max Drawdown (10Y)Largest decline over 10 years | -25.77% | -33.29% | +7.52% |
Current DrawdownCurrent decline from peak | -2.79% | -0.78% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -5.82% | -7.19% | +1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.16% | 1.96% | +2.20% |
Volatility
WHEA.AS vs. ^SP500TR - Volatility Comparison
State Street SPDR MSCI World Health Care UCITS ETF (WHEA.AS) has a higher volatility of 5.50% compared to S&P 500 Total Return (^SP500TR) at 2.57%. This indicates that WHEA.AS's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WHEA.AS | ^SP500TR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.50% | 2.57% | +2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 10.75% | 9.25% | +1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.51% | 12.64% | +1.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.59% | 16.83% | -3.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.61% | 18.61% | -4.00% |
Frequently Asked Questions
WHEA.AS and ^SP500TR have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for WHEA.AS and ^SP500TR
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