XDG3.DE vs. W311.DE
XDG3.DE (Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C) and W311.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Health & Biotech Equities funds - XDG3.DE tracks the MSCI ACWI IMI SDG 3 Good Health and Well-being Select while W311.DE tracks the Indxx Global NextGen Healthcare. Both are passively managed. Over the past 3 years, XDG3.DE returned 1.94%/yr vs -2.49%/yr for W311.DE. A 0.65 correlation means they provide meaningful diversification when combined. XDG3.DE charges 0.35%/yr vs 0.59%/yr for W311.DE.
Performance
XDG3.DE vs. W311.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 W311.DE's -3.63% return.
XDG3.DE
- 1D
- 2.88%
- 1M
- 2.53%
- YTD
- -6.02%
- 6M
- -6.54%
- 1Y
- 2.67%
- 3Y*
- 1.94%
- 5Y*
- —
- 10Y*
- —
W311.DE
- 1D
- 3.38%
- 1M
- 1.14%
- YTD
- -3.63%
- 6M
- -7.26%
- 1Y
- 11.36%
- 3Y*
- -2.49%
- 5Y*
- -5.98%
- 10Y*
- —
XDG3.DE vs. W311.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% |
W311.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | -3.63% | 7.18% | -4.84% | -5.39% |
Correlation
The correlation between XDG3.DE and W311.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2023 | 0.65 |
The correlation between XDG3.DE and W311.DE has been stable across timeframes, ranging from 0.65 to 0.71 - a consistent structural relationship.
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Return for Risk
XDG3.DE vs. W311.DE — Risk / Return Rank
XDG3.DE
W311.DE
XDG3.DE vs. W311.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 HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.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 | W311.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.11 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 0.69 | -0.52 |
| Martin ratioReturn relative to average drawdown | 0.44 | 1.61 | -1.17 |
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 | W311.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | 0.59 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | -0.02 | +0.17 |
Drawdowns
XDG3.DE vs. W311.DE - Drawdown Comparison
The maximum XDG3.DE drawdown since its inception was -20.49%, smaller than the maximum W311.DE drawdown of -48.92%. Use the drawdown chart below to compare losses from any high point for XDG3.DE and W311.DE.
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Drawdown Indicators
| XDG3.DE | W311.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.49% | -48.92% | +28.43% |
Max Drawdown (1Y)Largest decline over 1 year | -13.31% | -16.09% | +2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -20.49% | -28.36% | +7.87% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.92% | — |
Current DrawdownCurrent decline from peak | -11.91% | -35.40% | +23.49% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -23.20% | +17.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.29% | 6.93% | -1.64% |
Volatility
XDG3.DE vs. W311.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C (XDG3.DE) is 4.95%, while HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.DE) has a volatility of 6.31%. This indicates that XDG3.DE experiences smaller price fluctuations and is considered to be less risky than W311.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 | W311.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 6.31% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 13.92% | -3.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.57% | 18.96% | -4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.31% | 22.38% | -9.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.31% | 22.73% | -9.42% |
XDG3.DE vs. W311.DE - Expense Ratio Comparison
XDG3.DE has a 0.35% expense ratio, which is lower than W311.DE's 0.59% expense ratio.
Dividends
XDG3.DE vs. W311.DE - Dividend Comparison
Neither XDG3.DE nor W311.DE has paid dividends to shareholders.
Frequently Asked Questions
XDG3.DE and W311.DE have a correlation of 0.71, 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 0.59% for W311.DE.
XDG3.DE tracks MSCI ACWI IMI SDG 3 Good Health and Well-being Select, while W311.DE tracks Indxx Global NextGen Healthcare. They also come from different issuers: Xtrackers and HANetf. Their fees differ too: 0.35% for XDG3.DE and 0.59% for W311.DE.
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