XMLH.DE vs. WELP.DE
XMLH.DE (L&G Healthcare Technology & Innovation UCITS ETF USD Acc) and WELP.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Health & Biotech Equities funds - XMLH.DE tracks the ROBO Global Healthcare Technology and Innovation Index while WELP.DE tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, XMLH.DE returned 7.32%/yr vs 13.32%/yr for WELP.DE. At a 0.15 correlation, their price movements are largely independent. XMLH.DE charges 0.49%/yr vs 0.59%/yr for WELP.DE.
Performance
XMLH.DE vs. WELP.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 WELP.DE's 30.35% 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*
- —
WELP.DE
- 1D
- 0.00%
- 1M
- 1.19%
- 6M
- 22.36%
- YTD
- 30.35%
- 1Y
- 36.11%
- 3Y*
- 13.32%
- 5Y*
- —
- 10Y*
- —
XMLH.DE vs. WELP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XMLH.DE L&G Healthcare Technology & Innovation UCITS ETF USD Acc | 8.53% | 11.69% | 8.01% | -4.50% | -6.17% |
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 30.35% | -1.54% | 7.90% | 0.25% | 5.34% |
Correlation
The correlation between XMLH.DE and WELP.DE is -0.14, 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 | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022 | 0.15 |
The correlation between XMLH.DE and WELP.DE shifts across timeframes, from -0.14 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XMLH.DE vs. WELP.DE — Risk / Return Rank
XMLH.DE
WELP.DE
XMLH.DE vs. WELP.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 HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.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 | WELP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 2.81 | -0.17 |
| Martin ratioReturn relative to average drawdown | 5.92 | 7.69 | -1.77 |
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Drawdowns
XMLH.DE vs. WELP.DE - Drawdown Comparison
The maximum XMLH.DE drawdown since its inception was -51.48%, which is greater than WELP.DE's maximum drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for XMLH.DE and WELP.DE.
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Drawdown Indicators
| XMLH.DE | WELP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.48% | -23.55% | -27.93% |
Max Drawdown (1Y)Largest decline over 1 year | -15.46% | -12.80% | -2.66% |
Max Drawdown (3Y)Largest decline over 3 years | -28.40% | -23.55% | -4.85% |
Max Drawdown (5Y)Largest decline over 5 years | -50.58% | — | — |
Current DrawdownCurrent decline from peak | -21.16% | -7.52% | -13.64% |
Average DrawdownAverage peak-to-trough decline | -25.17% | -7.83% | -17.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.91% | 4.68% | +2.23% |
Volatility
XMLH.DE vs. WELP.DE - Volatility Comparison
L&G Healthcare Technology & Innovation UCITS ETF USD Acc (XMLH.DE) has a higher volatility of 6.98% compared to HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) at 5.90%. This indicates that XMLH.DE's price experiences larger fluctuations and is considered to be riskier than WELP.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 | WELP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.98% | 5.90% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 16.00% | 17.03% | -1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.03% | 19.90% | +1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.53% | 20.08% | +2.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.79% | 20.08% | +3.71% |
XMLH.DE vs. WELP.DE - Expense Ratio Comparison
XMLH.DE has a 0.49% expense ratio, which is lower than WELP.DE's 0.59% expense ratio.
Dividends
XMLH.DE vs. WELP.DE - Dividend Comparison
XMLH.DE has not paid dividends to shareholders, while WELP.DE's dividend yield for the trailing twelve months is around 2.93%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 2.93% | 3.78% | 3.64% | 0.79% |
XMLH.DE L&G Healthcare Technology & Innovation UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XMLH.DE and WELP.DE have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XMLH.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XMLH.DE is cheaper with a 0.49% expense ratio, compared with 0.59% for WELP.DE.
XMLH.DE tracks ROBO Global Healthcare Technology and Innovation Index, while WELP.DE tracks MSCI World/Energy NR USD. They also come from different issuers: L&G and Amundi. Their fees differ too: 0.49% for XMLH.DE and 0.59% for WELP.DE.
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