XDNE.DE vs. XDWH.DE
XDNE.DE (Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc)) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - XDNE.DE is a Japan Equities fund tracking the MSCI Japan Select Screened Index (EUR Hedged), 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, XDNE.DE returned 14.58%/yr vs 8.35%/yr for XDWH.DE. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
XDNE.DE vs. XDWH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDNE.DE achieves a 21.20% return, which is significantly higher than XDWH.DE's 6.77% return. Over the past 10 years, XDNE.DE has outperformed XDWH.DE with an annualized return of 14.58%, while XDWH.DE has yielded a comparatively lower 8.35% annualized return.
XDNE.DE
- 1D
- 1.85%
- 1M
- 2.84%
- 6M
- 20.84%
- YTD
- 21.20%
- 1Y
- 47.69%
- 3Y*
- 25.07%
- 5Y*
- 19.01%
- 10Y*
- 14.58%
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%
XDNE.DE vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDNE.DE Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) | 21.20% | 25.99% | 21.86% | 32.65% | -6.33% | 11.20% | 6.98% | 17.57% | -17.40% | 19.33% |
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 XDNE.DE and XDWH.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2015 | 0.49 |
Over the past year, the correlation between XDNE.DE and XDWH.DE has dropped to 0.22 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.
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Return for Risk
XDNE.DE vs. XDWH.DE — Risk / Return Rank
XDNE.DE
XDWH.DE
XDNE.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.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.
| XDNE.DE | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.28 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.77 | 2.24 | +2.53 |
| Martin ratioReturn relative to average drawdown | 16.39 | 5.74 | +10.65 |
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Drawdowns
XDNE.DE vs. XDWH.DE - Drawdown Comparison
The maximum XDNE.DE drawdown since its inception was -35.20%, smaller than the maximum XDWH.DE drawdown of -40.65%. Use the drawdown chart below to compare losses from any high point for XDNE.DE and XDWH.DE.
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Drawdown Indicators
| XDNE.DE | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.20% | -40.65% | +5.45% |
Max Drawdown (1Y)Largest decline over 1 year | -9.96% | -9.82% | -0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -21.11% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -21.11% | -0.62% |
Max Drawdown (10Y)Largest decline over 10 years | -35.20% | -26.06% | -9.14% |
Current DrawdownCurrent decline from peak | -2.41% | -0.35% | -2.06% |
Average DrawdownAverage peak-to-trough decline | -8.29% | -7.34% | -0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 3.83% | -0.93% |
Volatility
XDNE.DE vs. XDWH.DE - Volatility Comparison
Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) has a higher volatility of 7.30% compared to Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) at 4.52%. This indicates that XDNE.DE's price experiences larger fluctuations and is considered to be riskier 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
| XDNE.DE | XDWH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 4.52% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 16.31% | 10.23% | +6.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.60% | 14.17% | +6.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.69% | 13.51% | +5.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.53% | 15.62% | +2.91% |
XDNE.DE vs. XDWH.DE - Expense Ratio Comparison
Both XDNE.DE and XDWH.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XDNE.DE vs. XDWH.DE - Dividend Comparison
Neither XDNE.DE nor XDWH.DE has paid dividends to shareholders.
Frequently Asked Questions
XDNE.DE and XDWH.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XDNE.DE and XDWH.DE have the same expense ratio: 0.25% per year.
XDNE.DE is categorized as Japan Equities, while XDWH.DE is Health & Biotech Equities. XDNE.DE tracks MSCI Japan Select Screened Index (EUR Hedged), while XDWH.DE tracks MSCI World/Health Care NR USD.
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