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XDWH.L vs. XSHC.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDWH.L vs. XSHC.L

Last updated Jun 5, 2026

XDWH.L (Xtrackers MSCI World Health Care UCITS ETF 1C) and XSHC.L (Xtrackers MSCI USA Health Care UCITS ETF 1D) are both Health & Biotech Equities funds from Xtrackers tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past 5 years, XDWH.L returned 4.54%/yr vs 5.52%/yr for XSHC.L. Their correlation of 0.89 suggests significant overlap in exposure. XDWH.L charges 0.25%/yr vs 0.12%/yr for XSHC.L.

Performance

XDWH.L vs. XSHC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.L) and Xtrackers MSCI USA Health Care UCITS ETF 1D (XSHC.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XDWH.L is traded in USD, while XSHC.L is traded in GBp. To make them comparable, the XSHC.L 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 -2.74% return, which is significantly lower than XSHC.L's -2.54% return.

XDWH.L

1D
2.99%
1M
3.25%
YTD
-2.74%
6M
-1.64%
1Y
11.56%
3Y*
5.50%
5Y*
4.54%
10Y*
7.85%

XSHC.L

1D
3.03%
1M
4.75%
YTD
-2.54%
6M
-1.18%
1Y
14.57%
3Y*
6.41%
5Y*
5.52%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDWH.L vs. XSHC.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
XDWH.L
Xtrackers MSCI World Health Care UCITS ETF 1C		-2.74%15.25%0.75%3.81%-5.42%20.56%12.88%22.95%2.34%
XSHC.L
Xtrackers MSCI USA Health Care UCITS ETF 1D		-2.54%14.90%2.35%1.51%-3.42%26.97%13.34%21.40%4.83%

Correlation

The correlation between XDWH.L and XSHC.L is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.89

Correlation (3Y)
Calculated over the trailing 3-year period

0.88

Correlation (5Y)
Calculated over the trailing 5-year period

0.89

Correlation (All Time)
Calculated using the full available price history since Apr 24, 2018

0.89

The correlation between XDWH.L and XSHC.L has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

XDWH.L vs. XSHC.L - Sectors Allocation Comparison

Sectors
XDWH.L
XSHC.L

Healthcare

98.9%
100.0%

Consumer Defensive

0.5%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Energy

-

-

Financial Services

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Healthcare

XDWH.L
98.9%
XSHC.L
100.0%

Consumer Defensive

XDWH.L
0.5%
XSHC.L

-

Basic Materials

XDWH.L

-

XSHC.L

-

Communication Services

XDWH.L

-

XSHC.L

-

Consumer Cyclical

XDWH.L

-

XSHC.L

-

Energy

XDWH.L

-

XSHC.L

-

Financial Services

XDWH.L

-

XSHC.L

-

Industrials

XDWH.L

-

XSHC.L

-

Real Estate

XDWH.L

-

XSHC.L

-

Technology

XDWH.L

-

XSHC.L

-

Utilities

XDWH.L

-

XSHC.L

-

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Xtrackers MSCI World Health Care UCITS ETF 1C

Xtrackers MSCI USA Health Care UCITS ETF 1D

Often compared with XDWH.L:
XDWH.L vs. IUHC.LXDWH.L vs. IXJXDWH.L vs. VHTXDWH.L vs. XDWS.DEXDWH.L vs. XLVXDWH.L vs. XDWS.LXDWH.L vs. IUIT.L
Often compared with XSHC.L:
XSHC.L vs. XSFN.LXSHC.L vs. IUSU.LXSHC.L vs. ESIH.LXSHC.L vs. IUHC.LXSHC.L vs. GNOG.LXSHC.L vs. XUHC.DEXSHC.L vs. DOCT.L

Return for Risk

XDWH.L vs. XSHC.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XDWH.L
XDWH.L Risk / Return Rank: 2424
Overall Rank
XDWH.L Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
XDWH.L Sortino Ratio Rank: 2424
Sortino Ratio Rank
XDWH.L Omega Ratio Rank: 2323
Omega Ratio Rank
XDWH.L Calmar Ratio Rank: 2424
Calmar Ratio Rank
XDWH.L Martin Ratio Rank: 2323
Martin Ratio Rank
XSHC.L
XSHC.L Risk / Return Rank: 2828
Overall Rank
XSHC.L Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
XSHC.L Sortino Ratio Rank: 3131
Sortino Ratio Rank
XSHC.L Omega Ratio Rank: 2828
Omega Ratio Rank
XSHC.L Calmar Ratio Rank: 2727
Calmar Ratio Rank
XSHC.L Martin Ratio Rank: 2424
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDWH.L vs. XSHC.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.L) and Xtrackers MSCI USA Health Care UCITS ETF 1D (XSHC.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.LXSHC.LDifference
Sharpe ratioReturn per unit of total volatility
0.79
0.98

-0.19

Sortino ratioReturn per unit of downside risk
1.29
1.55

-0.26

Omega ratioGain probability vs. loss probability

1.15

1.17

-0.03

Calmar ratioReturn relative to maximum drawdown

1.11

1.33

-0.22

Martin ratioReturn relative to average drawdown

2.80

3.26

-0.46

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDWH.L vs. XSHC.L - Sharpe Ratio Comparison

The current XDWH.L Sharpe Ratio is 0.79, which is comparable to the XSHC.L Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of XDWH.L and XSHC.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

XDWH.LXSHC.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.79

0.98

-0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.32

0.37

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.52

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.57

0.00

Drawdowns

XDWH.L vs. XSHC.L - Drawdown Comparison

The maximum XDWH.L drawdown since its inception was -26.24%, roughly equal to the maximum XSHC.L drawdown of -26.83%. Use the drawdown chart below to compare losses from any high point for XDWH.L and XSHC.L.

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Drawdown Indicators

XDWH.LXSHC.LDifference

Max Drawdown

Largest peak-to-trough decline

-26.24%

-26.83%

+0.59%

Max Drawdown (1Y)

Largest decline over 1 year

-10.39%

-10.92%

+0.53%

Max Drawdown (3Y)

Largest decline over 3 years

-19.28%

-17.41%

-1.87%

Max Drawdown (5Y)

Largest decline over 5 years

-19.28%

-17.41%

-1.87%

Max Drawdown (10Y)

Largest decline over 10 years

-26.24%

—

—

Current Drawdown

Current decline from peak

-5.82%

-5.05%

-0.77%

Average Drawdown

Average peak-to-trough decline

-4.98%

-5.01%

+0.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.12%

4.46%

-0.34%

Volatility

XDWH.L vs. XSHC.L - Volatility Comparison

Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.L) and Xtrackers MSCI USA Health Care UCITS ETF 1D (XSHC.L) have volatilities of 4.80% and 4.88%, 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.LXSHC.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.80%

4.88%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

10.77%

10.73%

+0.04%

Volatility (1Y)

Calculated over the trailing 1-year period

14.57%

14.82%

-0.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.18%

14.73%

-0.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.97%

16.27%

-1.30%

XDWH.L vs. XSHC.L - Expense Ratio Comparison

XDWH.L has a 0.25% expense ratio, which is higher than XSHC.L's 0.12% 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. XSHC.L - Dividend Comparison

XDWH.L has not paid dividends to shareholders, while XSHC.L's dividend yield for the trailing twelve months is around 1.28%.

PositionTTM2025202420232022202120202019
XDWH.L
Xtrackers MSCI World Health Care UCITS ETF 1C		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XSHC.L
Xtrackers MSCI USA Health Care UCITS ETF 1D		1.28%1.25%1.25%1.23%1.55%0.85%1.12%0.98%

Frequently Asked Questions

XDWH.L and XSHC.L have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XSHC.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XSHC.L is cheaper with a 0.12% expense ratio, compared with 0.25% for XDWH.L.

Both ETFs track MSCI World/Health Care NR USD. Their fees differ too: 0.25% for XDWH.L and 0.12% for XSHC.L.

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