XDWH.DE vs. ^GDAXI
XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) is Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while ^GDAXI (DAX Performance Index) is an index. Over the past 10 years, XDWH.DE returned 7.61%/yr vs 9.67%/yr for ^GDAXI. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
XDWH.DE vs. ^GDAXI - Performance Comparison
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Returns By Period
In the year-to-date period, XDWH.DE achieves a -1.98% return, which is significantly lower than ^GDAXI's 1.10% return. Over the past 10 years, XDWH.DE has underperformed ^GDAXI with an annualized return of 7.61%, while ^GDAXI has yielded a comparatively higher 9.67% annualized return.
XDWH.DE
- 1D
- 2.85%
- 1M
- 5.50%
- YTD
- -1.98%
- 6M
- -1.51%
- 1Y
- 8.93%
- 3Y*
- 2.67%
- 5Y*
- 5.50%
- 10Y*
- 7.61%
^GDAXI
- 1D
- 0.00%
- 1M
- 1.73%
- YTD
- 1.10%
- 6M
- 2.97%
- 1Y
- 1.87%
- 3Y*
- 15.79%
- 5Y*
- 9.71%
- 10Y*
- 9.67%
XDWH.DE vs. ^GDAXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | -1.98% | 2.21% | 7.44% | 0.04% | -0.07% | 30.55% | 2.69% | 27.24% | 5.96% | 5.52% |
^GDAXI DAX Performance Index | 1.10% | 23.01% | 18.85% | 20.31% | -12.35% | 15.79% | 3.55% | 25.48% | -18.26% | 12.51% |
Correlation
The correlation between XDWH.DE and ^GDAXI is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2016 | 0.51 |
The correlation between XDWH.DE and ^GDAXI shifts across timeframes, from 0.34 (3 years) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDWH.DE vs. ^GDAXI — Risk / Return Rank
XDWH.DE
^GDAXI
XDWH.DE vs. ^GDAXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) and DAX Performance Index (^GDAXI). 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.
| XDWH.DE | ^GDAXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.03 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 0.15 | +0.77 |
| Martin ratioReturn relative to average drawdown | 2.28 | 0.48 | +1.80 |
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
| XDWH.DE | ^GDAXI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 0.12 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.56 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.52 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.40 | +0.15 |
Drawdowns
XDWH.DE vs. ^GDAXI - Drawdown Comparison
The maximum XDWH.DE drawdown since its inception was -26.08%, smaller than the maximum ^GDAXI drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for XDWH.DE and ^GDAXI.
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Drawdown Indicators
| XDWH.DE | ^GDAXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.08% | -72.68% | +46.60% |
Max Drawdown (1Y)Largest decline over 1 year | -10.32% | -12.27% | +1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -21.12% | -16.01% | -5.11% |
Max Drawdown (5Y)Largest decline over 5 years | -21.12% | -26.40% | +5.28% |
Max Drawdown (10Y)Largest decline over 10 years | -26.08% | -38.78% | +12.70% |
Current DrawdownCurrent decline from peak | -8.51% | -2.60% | -5.91% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -15.53% | +10.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 3.87% | +0.33% |
Volatility
XDWH.DE vs. ^GDAXI - Volatility Comparison
Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) and DAX Performance Index (^GDAXI) have volatilities of 4.81% and 4.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDWH.DE | ^GDAXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 4.89% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 9.51% | 12.89% | -3.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.69% | 16.02% | -2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.43% | 17.03% | -3.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.69% | 18.36% | -3.67% |
Frequently Asked Questions
XDWH.DE and ^GDAXI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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