XS5E.DE vs. XDWH.DE
XS5E.DE (Xtrackers S&P 500 Swap UCITS ETF EUR Hedged (Acc)) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - XS5E.DE is a S&P 500 fund tracking the S&P 500 Index (EUR Hedged), 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, XS5E.DE returned 17.82%/yr vs 6.34%/yr for XDWH.DE. At a 0.44 correlation, their price movements are largely independent. XS5E.DE charges 0.20%/yr vs 0.25%/yr for XDWH.DE.
Performance
XS5E.DE vs. XDWH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XS5E.DE achieves a 7.75% return, which is significantly higher than XDWH.DE's 6.77% return.
XS5E.DE
- 1D
- 0.18%
- 1M
- -0.99%
- 6M
- 8.38%
- YTD
- 7.75%
- 1Y
- 17.67%
- 3Y*
- 17.82%
- 5Y*
- —
- 10Y*
- —
XDWH.DE
- 1D
- -0.04%
- 1M
- 12.02%
- 6M
- 7.05%
- YTD
- 6.77%
- 1Y
- 22.07%
- 3Y*
- 6.34%
- 5Y*
- 5.87%
- 10Y*
- 8.35%
XS5E.DE vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XS5E.DE Xtrackers S&P 500 Swap UCITS ETF EUR Hedged (Acc) | 7.75% | 15.25% | 23.26% | 23.58% | -21.91% | 9.25% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | 6.77% | 2.20% | 7.45% | 0.04% | 0.11% | 8.02% |
Correlation
The correlation between XS5E.DE and XDWH.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2021 | 0.44 |
Over the past year, the correlation between XS5E.DE and XDWH.DE has dropped to 0.22 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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Return for Risk
XS5E.DE vs. XDWH.DE — Risk / Return Rank
XS5E.DE
XDWH.DE
XS5E.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Swap UCITS ETF EUR Hedged (Acc) (XS5E.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.
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.
| XS5E.DE | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.28 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 2.24 | -0.20 |
| Martin ratioReturn relative to average drawdown | 8.14 | 5.74 | +2.39 |
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Drawdowns
XS5E.DE vs. XDWH.DE - Drawdown Comparison
The maximum XS5E.DE drawdown since its inception was -26.08%, smaller than the maximum XDWH.DE drawdown of -40.65%. Use the drawdown chart below to compare losses from any high point for XS5E.DE and XDWH.DE.
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Drawdown Indicators
| XS5E.DE | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.08% | -40.65% | +14.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -9.82% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -18.49% | -21.11% | +2.62% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.06% | — |
Current DrawdownCurrent decline from peak | -1.61% | -0.35% | -1.26% |
Average DrawdownAverage peak-to-trough decline | -7.10% | -7.34% | +0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 3.83% | -1.66% |
Volatility
XS5E.DE vs. XDWH.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Swap UCITS ETF EUR Hedged (Acc) (XS5E.DE) is 4.03%, while Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) has a volatility of 4.52%. This indicates that XS5E.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
| XS5E.DE | XDWH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 4.52% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | 10.23% | -1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.08% | 14.17% | -2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.24% | 13.51% | +2.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 15.62% | +0.62% |
XS5E.DE vs. XDWH.DE - Expense Ratio Comparison
XS5E.DE has a 0.20% 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
XS5E.DE vs. XDWH.DE - Dividend Comparison
Neither XS5E.DE nor XDWH.DE has paid dividends to shareholders.
Frequently Asked Questions
XS5E.DE and XDWH.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XS5E.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XS5E.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XDWH.DE.
XS5E.DE is categorized as S&P 500, while XDWH.DE is Health & Biotech Equities. XS5E.DE tracks S&P 500 Index (EUR Hedged), while XDWH.DE tracks MSCI World/Health Care NR USD. Their fees differ too: 0.20% for XS5E.DE and 0.25% for XDWH.DE.
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