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 7.65%/yr vs 9.36%/yr for ^GDAXI. A 0.54 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 4.45% return, which is significantly higher than ^GDAXI's 1.39% return. Over the past 10 years, XDWH.DE has underperformed ^GDAXI with an annualized return of 7.65%, while ^GDAXI has yielded a comparatively higher 9.36% annualized return.
XDWH.DE
- 1D
- -1.04%
- 1M
- 6.43%
- 6M
- 3.42%
- YTD
- 4.45%
- 1Y
- 20.61%
- 3Y*
- 5.03%
- 5Y*
- 5.17%
- 10Y*
- 7.65%
- ALL TIME*
- 9.70%
^GDAXI
- 1D
- 0.00%
- 1M
- -0.62%
- 6M
- -0.51%
- YTD
- 1.39%
- 1Y
- 2.23%
- 3Y*
- 15.35%
- 5Y*
- 9.99%
- 10Y*
- 9.36%
- ALL TIME*
- 8.67%
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 | 4.45% | 2.20% | 7.45% | 0.04% | 0.11% | 30.30% | 2.70% | 27.21% | 5.98% | 5.52% |
^GDAXI DAX Performance Index | 1.39% | 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 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2010 | 0.54 |
Over the past year, the correlation between XDWH.DE and ^GDAXI has dropped to 0.30 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.
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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.
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.
| XDWH.DE | ^GDAXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.04 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 0.18 | +1.91 |
| Martin ratioReturn relative to average drawdown | 5.36 | 0.57 | +4.79 |
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Drawdowns
XDWH.DE vs. ^GDAXI - Drawdown Comparison
The maximum XDWH.DE drawdown since its inception was -40.65%, 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 | -40.65% | -72.68% | +32.03% |
Max Drawdown (1Y)Largest decline over 1 year | -9.82% | -12.27% | +2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -21.11% | -16.01% | -5.10% |
Max Drawdown (5Y)Largest decline over 5 years | -21.11% | -26.40% | +5.29% |
Max Drawdown (10Y)Largest decline over 10 years | -26.06% | -38.78% | +12.72% |
Current DrawdownCurrent decline from peak | -2.91% | -3.82% | +0.91% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -15.49% | +8.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 3.88% | -0.04% |
Volatility
XDWH.DE vs. ^GDAXI - Volatility Comparison
Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) has a higher volatility of 5.17% compared to DAX Performance Index (^GDAXI) at 4.62%. This indicates that XDWH.DE's price experiences larger fluctuations and is considered to be riskier than ^GDAXI based on this measure. 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 | 5.17% | 4.62% | +0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.44% | 13.50% | -3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.28% | 16.12% | -1.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.57% | 17.03% | -3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 18.11% | -2.46% |
Frequently Asked Questions
XDWH.DE and ^GDAXI have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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