XDWH.L vs. QDVE.DE
XDWH.L (Xtrackers MSCI World Health Care UCITS ETF 1C) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - XDWH.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 10 years, XDWH.L returned 8.41%/yr vs 26.01%/yr for QDVE.DE. At a 0.48 correlation, their price movements are largely independent. XDWH.L charges 0.25%/yr vs 0.15%/yr for QDVE.DE.
Performance
XDWH.L vs. QDVE.DE - Performance Comparison
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Different Trading Currencies
XDWH.L is traded in USD, while QDVE.DE is traded in EUR. To make them comparable, the QDVE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDWH.L achieves a -1.63% return, which is significantly lower than QDVE.DE's 17.00% return. Over the past 10 years, XDWH.L has underperformed QDVE.DE with an annualized return of 8.41%, while QDVE.DE has yielded a comparatively higher 26.01% annualized return.
XDWH.L
- 1D
- 0.16%
- 1M
- 4.45%
- YTD
- -1.63%
- 6M
- -0.33%
- 1Y
- 10.61%
- 3Y*
- 5.82%
- 5Y*
- 4.30%
- 10Y*
- 8.41%
QDVE.DE
- 1D
- 2.41%
- 1M
- 0.06%
- YTD
- 17.00%
- 6M
- 19.03%
- 1Y
- 43.65%
- 3Y*
- 31.42%
- 5Y*
- 22.64%
- 10Y*
- 26.01%
XDWH.L vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDWH.L Xtrackers MSCI World Health Care UCITS ETF 1C | -1.63% | 15.25% | 0.75% | 3.81% | -5.42% | 20.56% | 12.88% | 22.95% | 2.11% | 19.53% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 17.00% | 24.19% | 37.73% | 59.04% | -29.90% | 35.16% | 42.34% | 50.64% | -1.76% | 37.99% |
Correlation
The correlation between XDWH.L and QDVE.DE is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2015 | 0.49 |
Over the past year, the correlation between XDWH.L and QDVE.DE has dropped to 0.03 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
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Return for Risk
XDWH.L vs. QDVE.DE — Risk / Return Rank
XDWH.L
QDVE.DE
XDWH.L vs. QDVE.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.L) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
| XDWH.L | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.33 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.99 | 2.56 | -1.56 |
| Martin ratioReturn relative to average drawdown | 2.48 | 7.56 | -5.08 |
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Drawdowns
XDWH.L vs. QDVE.DE - Drawdown Comparison
The maximum XDWH.L drawdown since its inception was -26.24%, smaller than the maximum QDVE.DE drawdown of -33.59%. Use the drawdown chart below to compare losses from any high point for XDWH.L and QDVE.DE.
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Drawdown Indicators
| XDWH.L | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.24% | -33.59% | +7.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.39% | -16.48% | +6.09% |
Max Drawdown (3Y)Largest decline over 3 years | -19.27% | -26.14% | +6.87% |
Max Drawdown (5Y)Largest decline over 5 years | -19.27% | -33.59% | +14.32% |
Max Drawdown (10Y)Largest decline over 10 years | -26.24% | -33.59% | +7.35% |
Current DrawdownCurrent decline from peak | -4.75% | -7.66% | +2.91% |
Average DrawdownAverage peak-to-trough decline | -4.80% | -5.95% | +1.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 5.58% | -1.43% |
Volatility
XDWH.L vs. QDVE.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.L) is 4.64%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 8.28%. This indicates that XDWH.L experiences smaller price fluctuations and is considered to be less risky than QDVE.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.L | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 8.28% | -3.64% |
Volatility (6M)Calculated over the trailing 6-month period | 10.77% | 16.00% | -5.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.59% | 20.96% | -6.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.16% | 23.50% | -9.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.97% | 22.06% | -7.09% |
XDWH.L vs. QDVE.DE - Expense Ratio Comparison
XDWH.L has a 0.25% expense ratio, which is higher than QDVE.DE's 0.15% 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.L vs. QDVE.DE - Dividend Comparison
Neither XDWH.L nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
XDWH.L and QDVE.DE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for XDWH.L.
XDWH.L is categorized as Health & Biotech Equities, while QDVE.DE is Technology Equities. XDWH.L tracks MSCI World/Health Care NR USD, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XDWH.L and 0.15% for QDVE.DE.
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