XGEZ.DE vs. XDWH.DE
XGEZ.DE (Xtrackers II Eurozone Government Green Bond UCITS ETF) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - XGEZ.DE is a European Government Bonds fund tracking the iBoxx® EUR Eurozone Sovereigns Green Bonds Capped, while XDWH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past 3 years, XGEZ.DE returned 1.19%/yr vs 2.67%/yr for XDWH.DE. At a 0.14 correlation, their price movements are largely independent. XGEZ.DE charges 0.18%/yr vs 0.25%/yr for XDWH.DE.
Performance
XGEZ.DE vs. XDWH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XGEZ.DE achieves a 0.02% return, which is significantly higher than XDWH.DE's -1.98% return.
XGEZ.DE
- 1D
- 0.09%
- 1M
- -0.02%
- YTD
- 0.02%
- 6M
- -0.16%
- 1Y
- -1.07%
- 3Y*
- 1.19%
- 5Y*
- —
- 10Y*
- —
XDWH.DE
- 1D
- 2.85%
- 1M
- 3.42%
- YTD
- -1.98%
- 6M
- -1.51%
- 1Y
- 9.79%
- 3Y*
- 2.67%
- 5Y*
- 5.50%
- 10Y*
- 7.61%
XGEZ.DE vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XGEZ.DE Xtrackers II Eurozone Government Green Bond UCITS ETF | 0.02% | -2.16% | -0.51% | 8.88% | 0.10% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | -1.98% | 2.21% | 7.44% | 0.04% | 1.40% |
Correlation
The correlation between XGEZ.DE and XDWH.DE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | 0.14 |
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Return for Risk
XGEZ.DE vs. XDWH.DE — Risk / Return Rank
XGEZ.DE
XDWH.DE
XGEZ.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II Eurozone Government Green Bond UCITS ETF (XGEZ.DE) and Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.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.
| XGEZ.DE | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.13 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 0.93 | -1.26 |
| Martin ratioReturn relative to average drawdown | -0.72 | 2.28 | -3.00 |
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
| XGEZ.DE | XDWH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 0.70 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.41 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.55 | -0.38 |
Drawdowns
XGEZ.DE vs. XDWH.DE - Drawdown Comparison
The maximum XGEZ.DE drawdown since its inception was -13.63%, smaller than the maximum XDWH.DE drawdown of -26.08%. Use the drawdown chart below to compare losses from any high point for XGEZ.DE and XDWH.DE.
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Drawdown Indicators
| XGEZ.DE | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.63% | -26.08% | +12.45% |
Max Drawdown (1Y)Largest decline over 1 year | -4.70% | -10.32% | +5.62% |
Max Drawdown (3Y)Largest decline over 3 years | -7.89% | -21.12% | +13.23% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.08% | — |
Current DrawdownCurrent decline from peak | -5.48% | -8.51% | +3.03% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -4.82% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 4.20% | -2.00% |
Volatility
XGEZ.DE vs. XDWH.DE - Volatility Comparison
The current volatility for Xtrackers II Eurozone Government Green Bond UCITS ETF (XGEZ.DE) is 2.47%, while Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) has a volatility of 4.81%. This indicates that XGEZ.DE experiences smaller price fluctuations and is considered to be less risky than XDWH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGEZ.DE | XDWH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.47% | 4.81% | -2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 5.12% | 9.51% | -4.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.41% | 13.69% | -7.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.92% | 13.43% | -3.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.92% | 14.69% | -4.77% |
XGEZ.DE vs. XDWH.DE - Expense Ratio Comparison
XGEZ.DE has a 0.18% expense ratio, which is lower than XDWH.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XGEZ.DE vs. XDWH.DE - Dividend Comparison
XGEZ.DE's dividend yield for the trailing twelve months is around 2.10%, while XDWH.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% |
XGEZ.DE Xtrackers II Eurozone Government Green Bond UCITS ETF | 2.10% | 1.99% | 2.07% | 1.27% |
Frequently Asked Questions
XGEZ.DE and XDWH.DE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XGEZ.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XGEZ.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for XDWH.DE.
XGEZ.DE is categorized as European Government Bonds, while XDWH.DE is Health & Biotech Equities. XGEZ.DE tracks iBoxx® EUR Eurozone Sovereigns Green Bonds Capped, while XDWH.DE tracks MSCI World/Health Care NR USD. Their fees differ too: 0.18% for XGEZ.DE and 0.25% for XDWH.DE.
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