XMLH.DE vs. ETLZ.DE
XMLH.DE (L&G Healthcare Technology & Innovation UCITS ETF USD Acc) and ETLZ.DE (L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc) are both exchange-traded funds - XMLH.DE is a Health & Biotech Equities fund tracking the ROBO Global Healthcare Technology and Innovation Index, while ETLZ.DE is a Small Cap Blend Equities fund tracking the Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index. Both are passively managed. Over the past 5 years, XMLH.DE returned -2.65%/yr vs 9.00%/yr for ETLZ.DE. A 0.71 correlation means they provide meaningful diversification when combined. XMLH.DE charges 0.49%/yr vs 0.30%/yr for ETLZ.DE.
Performance
XMLH.DE vs. ETLZ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XMLH.DE achieves a 8.53% return, which is significantly lower than ETLZ.DE's 21.33% return.
XMLH.DE
- 1D
- -0.63%
- 1M
- 9.04%
- 6M
- 3.67%
- YTD
- 8.53%
- 1Y
- 37.82%
- 3Y*
- 7.32%
- 5Y*
- -2.65%
- 10Y*
- —
ETLZ.DE
- 1D
- -0.66%
- 1M
- 1.72%
- 6M
- 15.70%
- YTD
- 21.33%
- 1Y
- 34.15%
- 3Y*
- 14.90%
- 5Y*
- 9.00%
- 10Y*
- 10.75%
XMLH.DE vs. ETLZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XMLH.DE L&G Healthcare Technology & Innovation UCITS ETF USD Acc | 8.53% | 11.69% | 8.01% | -4.50% | -29.19% | 7.76% | 49.95% | -0.52% |
ETLZ.DE L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc | 21.33% | 0.32% | 15.12% | 16.03% | -14.22% | 30.61% | 8.11% | 11.62% |
Correlation
The correlation between XMLH.DE and ETLZ.DE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.71 |
The correlation between XMLH.DE and ETLZ.DE shifts across timeframes, from 0.59 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XMLH.DE vs. ETLZ.DE — Risk / Return Rank
XMLH.DE
ETLZ.DE
XMLH.DE vs. ETLZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Healthcare Technology & Innovation UCITS ETF USD Acc (XMLH.DE) and L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.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.
| XMLH.DE | ETLZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.39 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 5.33 | -2.69 |
| Martin ratioReturn relative to average drawdown | 5.92 | 15.94 | -10.02 |
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Drawdowns
XMLH.DE vs. ETLZ.DE - Drawdown Comparison
The maximum XMLH.DE drawdown since its inception was -51.48%, smaller than the maximum ETLZ.DE drawdown of -58.36%. Use the drawdown chart below to compare losses from any high point for XMLH.DE and ETLZ.DE.
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Drawdown Indicators
| XMLH.DE | ETLZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.48% | -58.36% | +6.88% |
Max Drawdown (1Y)Largest decline over 1 year | -15.46% | -7.04% | -8.42% |
Max Drawdown (3Y)Largest decline over 3 years | -28.40% | -31.34% | +2.94% |
Max Drawdown (5Y)Largest decline over 5 years | -50.58% | -31.34% | -19.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.01% | — |
Current DrawdownCurrent decline from peak | -21.16% | -2.30% | -18.86% |
Average DrawdownAverage peak-to-trough decline | -25.17% | -10.71% | -14.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.91% | 2.35% | +4.56% |
Volatility
XMLH.DE vs. ETLZ.DE - Volatility Comparison
L&G Healthcare Technology & Innovation UCITS ETF USD Acc (XMLH.DE) has a higher volatility of 6.98% compared to L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) at 4.22%. This indicates that XMLH.DE's price experiences larger fluctuations and is considered to be riskier than ETLZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMLH.DE | ETLZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.98% | 4.22% | +2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 16.00% | 11.22% | +4.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.03% | 16.57% | +4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.53% | 19.97% | +2.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.79% | 21.00% | +2.79% |
XMLH.DE vs. ETLZ.DE - Expense Ratio Comparison
XMLH.DE has a 0.49% expense ratio, which is higher than ETLZ.DE's 0.30% expense ratio.
Dividends
XMLH.DE vs. ETLZ.DE - Dividend Comparison
Neither XMLH.DE nor ETLZ.DE has paid dividends to shareholders.
Frequently Asked Questions
XMLH.DE and ETLZ.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLZ.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLZ.DE is cheaper with a 0.30% expense ratio, compared with 0.49% for XMLH.DE.
XMLH.DE is categorized as Health & Biotech Equities, while ETLZ.DE is Small Cap Blend Equities. XMLH.DE tracks ROBO Global Healthcare Technology and Innovation Index, while ETLZ.DE tracks Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index. Their fees differ too: 0.49% for XMLH.DE and 0.30% for ETLZ.DE.
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