XDWH.DE vs. XEON.DE
XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) and XEON.DE (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C) are both exchange-traded funds - XDWH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while XEON.DE is a Bank Loan fund tracking the Solactive €STR +8.5 Daily Index. Both are passively managed. Over the past 10 years, XDWH.DE returned 7.61%/yr vs 0.70%/yr for XEON.DE. At a correlation of -0.03, they often move in opposite directions. XDWH.DE charges 0.25%/yr vs 0.10%/yr for XEON.DE.
Performance
XDWH.DE vs. XEON.DE - 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 XEON.DE's 0.80% return. Over the past 10 years, XDWH.DE has outperformed XEON.DE with an annualized return of 7.61%, while XEON.DE has yielded a comparatively lower 0.70% annualized return.
XDWH.DE
- 1D
- 2.85%
- 1M
- 3.94%
- YTD
- -1.98%
- 6M
- -1.54%
- 1Y
- 9.60%
- 3Y*
- 2.67%
- 5Y*
- 5.50%
- 10Y*
- 7.61%
XEON.DE
- 1D
- -0.01%
- 1M
- 0.15%
- YTD
- 0.80%
- 6M
- 0.97%
- 1Y
- 1.97%
- 3Y*
- 2.99%
- 5Y*
- 1.94%
- 10Y*
- 0.70%
XDWH.DE vs. XEON.DE - 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% |
XEON.DE Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.80% | 2.25% | 3.78% | 3.30% | -0.04% | -0.58% | -0.57% | -0.49% | -0.47% | -0.52% |
Correlation
The correlation between XDWH.DE and XEON.DE is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2016 | -0.03 |
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Return for Risk
XDWH.DE vs. XEON.DE — Risk / Return Rank
XDWH.DE
XEON.DE
XDWH.DE vs. XEON.DE - 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 Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.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.
| XDWH.DE | XEON.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.24 | ||
| Sortino ratioReturn per unit of downside risk | -20.10 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 4.27 | -3.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 69.36 | -68.43 |
| Martin ratioReturn relative to average drawdown | 2.28 | 316.53 | -314.25 |
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 | XEON.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 8.94 | -8.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 7.54 | -7.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 1.78 | -1.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.74 | -0.19 |
Drawdowns
XDWH.DE vs. XEON.DE - Drawdown Comparison
The maximum XDWH.DE drawdown since its inception was -26.08%, which is greater than XEON.DE's maximum drawdown of -3.71%. Use the drawdown chart below to compare losses from any high point for XDWH.DE and XEON.DE.
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Drawdown Indicators
| XDWH.DE | XEON.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.08% | -3.71% | -22.37% |
Max Drawdown (1Y)Largest decline over 1 year | -10.32% | -0.03% | -10.29% |
Max Drawdown (3Y)Largest decline over 3 years | -21.12% | -0.08% | -21.04% |
Max Drawdown (5Y)Largest decline over 5 years | -21.12% | -0.71% | -20.41% |
Max Drawdown (10Y)Largest decline over 10 years | -26.08% | -3.25% | -22.83% |
Current DrawdownCurrent decline from peak | -8.51% | -0.01% | -8.50% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -0.92% | -3.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 0.01% | +4.19% |
Volatility
XDWH.DE vs. XEON.DE - Volatility Comparison
Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) has a higher volatility of 4.81% compared to Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) at 0.04%. This indicates that XDWH.DE's price experiences larger fluctuations and is considered to be riskier than XEON.DE 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 | XEON.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 0.04% | +4.77% |
Volatility (6M)Calculated over the trailing 6-month period | 9.51% | 0.16% | +9.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.69% | 0.22% | +13.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.43% | 0.25% | +13.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.69% | 0.39% | +14.30% |
XDWH.DE vs. XEON.DE - Expense Ratio Comparison
XDWH.DE has a 0.25% expense ratio, which is higher than XEON.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XDWH.DE vs. XEON.DE - Dividend Comparison
Neither XDWH.DE nor XEON.DE has paid dividends to shareholders.
Frequently Asked Questions
XDWH.DE and XEON.DE have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEON.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEON.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for XDWH.DE.
XDWH.DE is categorized as Health & Biotech Equities, while XEON.DE is Bank Loan. XDWH.DE tracks MSCI World/Health Care NR USD, while XEON.DE tracks Solactive €STR +8.5 Daily Index. Their fees differ too: 0.25% for XDWH.DE and 0.10% for XEON.DE.
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