XDG3.DE vs. WELG.DE
Compare and contrast key facts about Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C (XDG3.DE) and Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE).
XDG3.DE and WELG.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDG3.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI IMI SDG 3 Good Health and Well-being Select. It was launched on Jan 18, 2023. WELG.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. It was launched on Sep 20, 2022. Both XDG3.DE and WELG.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: XDG3.DE or WELG.DE.
Key characteristics
| XDG3.DE | WELG.DE | |
|---|---|---|
| YTD Return | 15.00% | 16.92% |
| 1Y Return | 15.14% | 16.61% |
| Sharpe Ratio | 1.64 | 1.74 |
| Daily Std Dev | 10.44% | 10.57% |
| Max Drawdown | -8.43% | -10.04% |
| Current Drawdown | -1.39% | -2.06% |
Correlation
The correlation between XDG3.DE and WELG.DE is 0.88, 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
XDG3.DE vs. WELG.DE - Performance Comparison
In the year-to-date period, XDG3.DE achieves a 15.00% return, which is significantly lower than WELG.DE's 16.92% 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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XDG3.DE vs. WELG.DE - Expense Ratio Comparison
XDG3.DE has a 0.35% expense ratio, which is higher than WELG.DE's 0.18% expense ratio.
Risk-Adjusted Performance
XDG3.DE vs. WELG.DE - Risk-Adjusted Performance 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 Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.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
XDG3.DE vs. WELG.DE - Dividend Comparison
XDG3.DE has not paid dividends to shareholders, while WELG.DE's dividend yield for the trailing twelve months is around 0.84%.
| TTM | 2023 | |
|---|---|---|
XDG3.DE Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C | 0.00% | 0.00% |
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 0.84% | 0.17% |
Drawdowns
XDG3.DE vs. WELG.DE - Drawdown Comparison
The maximum XDG3.DE drawdown since its inception was -8.43%, smaller than the maximum WELG.DE drawdown of -10.04%. Use the drawdown chart below to compare losses from any high point for XDG3.DE and WELG.DE. For additional features, visit the drawdowns tool.
Volatility
XDG3.DE vs. WELG.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Global SDG 3 Good Health UCITS ETF 1C (XDG3.DE) is 2.61%, while Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) has a volatility of 2.89%. This indicates that XDG3.DE experiences smaller price fluctuations and is considered to be less risky than WELG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.