XDG3.DE vs. 2B78.DE
XDG3.DE (Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C) and 2B78.DE (iShares Healthcare Innovation UCITS ETF) are both Health & Biotech Equities funds - XDG3.DE tracks the MSCI ACWI IMI SDG 3 Good Health and Well-being Select while 2B78.DE tracks the iSTOXX® FactSet Breakthrough Healthcare. Both are passively managed. Over the past 3 years, XDG3.DE returned 1.94%/yr vs 2.27%/yr for 2B78.DE. A 0.78 correlation means they provide meaningful diversification when combined. XDG3.DE charges 0.35%/yr vs 0.40%/yr for 2B78.DE.
Performance
XDG3.DE vs. 2B78.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDG3.DE achieves a -6.02% return, which is significantly lower than 2B78.DE's -2.07% return.
XDG3.DE
- 1D
- 2.88%
- 1M
- 2.53%
- YTD
- -6.02%
- 6M
- -6.54%
- 1Y
- 2.67%
- 3Y*
- 1.94%
- 5Y*
- —
- 10Y*
- —
2B78.DE
- 1D
- 0.41%
- 1M
- 1.41%
- YTD
- -2.07%
- 6M
- -3.15%
- 1Y
- 14.42%
- 3Y*
- 2.27%
- 5Y*
- -1.74%
- 10Y*
- —
XDG3.DE vs. 2B78.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XDG3.DE Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C | -6.02% | 1.47% | 9.58% | 2.52% |
2B78.DE iShares Healthcare Innovation UCITS ETF | -2.07% | 5.50% | 7.24% | -3.11% |
Correlation
The correlation between XDG3.DE and 2B78.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2023 | 0.78 |
The correlation between XDG3.DE and 2B78.DE has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
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Return for Risk
XDG3.DE vs. 2B78.DE — Risk / Return Rank
XDG3.DE
2B78.DE
XDG3.DE vs. 2B78.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C (XDG3.DE) and iShares Healthcare Innovation UCITS ETF (2B78.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.
| XDG3.DE | 2B78.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.17 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 1.24 | -1.06 |
| Martin ratioReturn relative to average drawdown | 0.44 | 3.07 | -2.63 |
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
| XDG3.DE | 2B78.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | 0.95 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.31 | -0.15 |
Drawdowns
XDG3.DE vs. 2B78.DE - Drawdown Comparison
The maximum XDG3.DE drawdown since its inception was -20.49%, smaller than the maximum 2B78.DE drawdown of -38.58%. Use the drawdown chart below to compare losses from any high point for XDG3.DE and 2B78.DE.
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Drawdown Indicators
| XDG3.DE | 2B78.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.49% | -38.58% | +18.09% |
Max Drawdown (1Y)Largest decline over 1 year | -13.31% | -12.05% | -1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -20.49% | -25.32% | +4.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.99% | — |
Current DrawdownCurrent decline from peak | -11.91% | -19.03% | +7.12% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -14.36% | +8.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.29% | 4.86% | +0.43% |
Volatility
XDG3.DE vs. 2B78.DE - Volatility Comparison
Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C (XDG3.DE) has a higher volatility of 4.95% compared to iShares Healthcare Innovation UCITS ETF (2B78.DE) at 3.74%. This indicates that XDG3.DE's price experiences larger fluctuations and is considered to be riskier than 2B78.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDG3.DE | 2B78.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 3.74% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 10.97% | -0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.57% | 15.67% | -1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.31% | 17.91% | -4.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.31% | 18.79% | -5.48% |
XDG3.DE vs. 2B78.DE - Expense Ratio Comparison
XDG3.DE has a 0.35% expense ratio, which is lower than 2B78.DE's 0.40% expense ratio.
Dividends
XDG3.DE vs. 2B78.DE - Dividend Comparison
Neither XDG3.DE nor 2B78.DE has paid dividends to shareholders.
Frequently Asked Questions
XDG3.DE and 2B78.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDG3.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDG3.DE is cheaper with a 0.35% expense ratio, compared with 0.40% for 2B78.DE.
XDG3.DE tracks MSCI ACWI IMI SDG 3 Good Health and Well-being Select, while 2B78.DE tracks iSTOXX® FactSet Breakthrough Healthcare. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.35% for XDG3.DE and 0.40% for 2B78.DE.
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