XCS3.DE vs. XDWH.DE
XCS3.DE (Xtrackers MSCI Malaysia UCITS ETF (Acc)) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - XCS3.DE is a Asia Pacific Equities fund tracking the MSCI Malaysia Index, while XDWH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past 10 years, XCS3.DE returned 1.97%/yr vs 8.35%/yr for XDWH.DE. At a 0.40 correlation, their price movements are largely independent. XCS3.DE charges 0.50%/yr vs 0.25%/yr for XDWH.DE.
Performance
XCS3.DE vs. XDWH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCS3.DE achieves a 4.19% return, which is significantly lower than XDWH.DE's 6.77% return. Over the past 10 years, XCS3.DE has underperformed XDWH.DE with an annualized return of 1.97%, while XDWH.DE has yielded a comparatively higher 8.35% annualized return.
XCS3.DE
- 1D
- 1.39%
- 1M
- -0.08%
- 6M
- 4.28%
- YTD
- 4.19%
- 1Y
- 19.31%
- 3Y*
- 12.77%
- 5Y*
- 5.98%
- 10Y*
- 1.97%
XDWH.DE
- 1D
- -0.04%
- 1M
- 12.02%
- 6M
- 7.05%
- YTD
- 6.77%
- 1Y
- 22.07%
- 3Y*
- 6.34%
- 5Y*
- 5.87%
- 10Y*
- 8.35%
XCS3.DE vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XCS3.DE Xtrackers MSCI Malaysia UCITS ETF (Acc) | 4.19% | 3.11% | 26.75% | -7.60% | 1.23% | -1.02% | -6.99% | 1.63% | -1.88% | 9.03% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | 6.77% | 2.20% | 7.45% | 0.04% | 0.11% | 30.30% | 2.70% | 27.21% | 5.98% | 5.52% |
Correlation
The correlation between XCS3.DE and XDWH.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2011 | 0.40 |
Over the past year, the correlation between XCS3.DE and XDWH.DE has dropped to 0.13 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
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Return for Risk
XCS3.DE vs. XDWH.DE — Risk / Return Rank
XCS3.DE
XDWH.DE
XCS3.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) and Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.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.
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.
| XCS3.DE | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.28 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 2.24 | +0.21 |
| Martin ratioReturn relative to average drawdown | 6.95 | 5.74 | +1.21 |
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Drawdowns
XCS3.DE vs. XDWH.DE - Drawdown Comparison
The maximum XCS3.DE drawdown since its inception was -43.32%, which is greater than XDWH.DE's maximum drawdown of -40.65%. Use the drawdown chart below to compare losses from any high point for XCS3.DE and XDWH.DE.
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Drawdown Indicators
| XCS3.DE | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.32% | -40.65% | -2.67% |
Max Drawdown (1Y)Largest decline over 1 year | -7.85% | -9.82% | +1.97% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -21.11% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -21.83% | -21.11% | -0.72% |
Max Drawdown (10Y)Largest decline over 10 years | -35.49% | -26.06% | -9.43% |
Current DrawdownCurrent decline from peak | -6.19% | -0.35% | -5.84% |
Average DrawdownAverage peak-to-trough decline | -17.45% | -7.34% | -10.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 3.83% | -1.07% |
Volatility
XCS3.DE vs. XDWH.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Malaysia UCITS ETF (Acc) (XCS3.DE) is 3.88%, while Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) has a volatility of 4.52%. This indicates that XCS3.DE experiences smaller price fluctuations and is considered to be less risky than XDWH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCS3.DE | XDWH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 4.52% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 10.90% | 10.23% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.06% | 14.17% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.17% | 13.51% | -0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 15.62% | -0.59% |
XCS3.DE vs. XDWH.DE - Expense Ratio Comparison
XCS3.DE has a 0.50% expense ratio, which is higher than XDWH.DE's 0.25% expense ratio.
Dividends
XCS3.DE vs. XDWH.DE - Dividend Comparison
Neither XCS3.DE nor XDWH.DE has paid dividends to shareholders.
Frequently Asked Questions
XCS3.DE and XDWH.DE have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDWH.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWH.DE is cheaper with a 0.25% expense ratio, compared with 0.50% for XCS3.DE.
XCS3.DE is categorized as Asia Pacific Equities, while XDWH.DE is Health & Biotech Equities. XCS3.DE tracks MSCI Malaysia Index, while XDWH.DE tracks MSCI World/Health Care NR USD. Their fees differ too: 0.50% for XCS3.DE and 0.25% for XDWH.DE.
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