XDWH.DE vs. QQQ3.L
XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) and QQQ3.L (WisdomTree NASDAQ 100 3x Daily Leveraged) are both exchange-traded funds - XDWH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while QQQ3.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index (300%). Both are passively managed. Over the past 10 years, XDWH.DE returned 7.61%/yr vs 44.10%/yr for QQQ3.L. At a 0.49 correlation, their price movements are largely independent. XDWH.DE charges 0.25%/yr vs 0.75%/yr for QQQ3.L.
Performance
XDWH.DE vs. QQQ3.L - Performance Comparison
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Different Trading Currencies
XDWH.DE is traded in EUR, while QQQ3.L is traded in USD. To make them comparable, the QQQ3.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDWH.DE achieves a -1.98% return, which is significantly lower than QQQ3.L's 44.64% return. Over the past 10 years, XDWH.DE has underperformed QQQ3.L with an annualized return of 7.61%, while QQQ3.L has yielded a comparatively higher 44.10% 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%
QQQ3.L
- 1D
- -2.12%
- 1M
- 4.76%
- YTD
- 44.64%
- 6M
- 38.53%
- 1Y
- 100.44%
- 3Y*
- 56.62%
- 5Y*
- 25.29%
- 10Y*
- 44.10%
XDWH.DE vs. QQQ3.L - 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% |
QQQ3.L WisdomTree NASDAQ 100 3x Daily Leveraged | 44.64% | 12.49% | 70.47% | 200.22% | -78.32% | 101.39% | 112.27% | 134.09% | -17.60% | 87.94% |
Correlation
The correlation between XDWH.DE and QQQ3.L is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2016 | 0.49 |
Over the past year, the correlation between XDWH.DE and QQQ3.L has dropped to 0.09 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.
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Return for Risk
XDWH.DE vs. QQQ3.L — Risk / Return Rank
XDWH.DE
QQQ3.L
XDWH.DE vs. QQQ3.L - 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 WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L). 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 | QQQ3.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.33 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 2.84 | -1.92 |
| Martin ratioReturn relative to average drawdown | 2.28 | 8.47 | -6.19 |
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 | QQQ3.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 2.12 | -1.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.41 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.74 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.81 | -0.26 |
Drawdowns
XDWH.DE vs. QQQ3.L - Drawdown Comparison
The maximum XDWH.DE drawdown since its inception was -26.08%, smaller than the maximum QQQ3.L drawdown of -80.26%. Use the drawdown chart below to compare losses from any high point for XDWH.DE and QQQ3.L.
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Drawdown Indicators
| XDWH.DE | QQQ3.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.08% | -80.26% | +54.18% |
Max Drawdown (1Y)Largest decline over 1 year | -10.32% | -35.14% | +24.82% |
Max Drawdown (3Y)Largest decline over 3 years | -21.12% | -60.23% | +39.11% |
Max Drawdown (5Y)Largest decline over 5 years | -21.12% | -80.26% | +59.14% |
Max Drawdown (10Y)Largest decline over 10 years | -26.08% | -80.26% | +54.18% |
Current DrawdownCurrent decline from peak | -8.51% | -10.76% | +2.25% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -19.00% | +14.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 11.82% | -7.62% |
Volatility
XDWH.DE vs. QQQ3.L - Volatility Comparison
The current volatility for Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) is 4.81%, while WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L) has a volatility of 15.84%. This indicates that XDWH.DE experiences smaller price fluctuations and is considered to be less risky than QQQ3.L 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 | QQQ3.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 15.84% | -11.03% |
Volatility (6M)Calculated over the trailing 6-month period | 9.51% | 34.93% | -25.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.69% | 47.11% | -33.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.43% | 61.13% | -47.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.69% | 59.48% | -44.79% |
XDWH.DE vs. QQQ3.L - Expense Ratio Comparison
XDWH.DE has a 0.25% expense ratio, which is lower than QQQ3.L's 0.75% expense ratio.
Dividends
XDWH.DE vs. QQQ3.L - Dividend Comparison
Neither XDWH.DE nor QQQ3.L has paid dividends to shareholders.
Frequently Asked Questions
XDWH.DE and QQQ3.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDWH.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDWH.DE is cheaper with a 0.25% expense ratio, compared with 0.75% for QQQ3.L.
XDWH.DE is categorized as Health & Biotech Equities, while QQQ3.L is Nasdaq-100. XDWH.DE tracks MSCI World/Health Care NR USD, while QQQ3.L tracks NASDAQ-100 Index (300%). They also come from different issuers: Xtrackers and WisdomTree. Their fees differ too: 0.25% for XDWH.DE and 0.75% for QQQ3.L.
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