XSDR.L vs. XNAQ.L

Last updated Jun 5, 2026

XSDR.L (Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C) and XNAQ.L (Xtrackers Nasdaq 100 UCITS ETF 1C) are both exchange-traded funds - XSDR.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while XNAQ.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD. Both are passively managed. Over the past 5 years, XSDR.L returned 5.46%/yr vs 18.96%/yr for XNAQ.L. At a 0.30 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.

Performance

XSDR.L vs. XNAQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (XSDR.L) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XSDR.L is traded in GBp, while XNAQ.L is traded in GBP. To make them comparable, the XNAQ.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XSDR.L achieves a -2.48% return, which is significantly lower than XNAQ.L's 19.89% return.

XSDR.L

• 1D: 3.19%
• 1M: 1.91%
• YTD: -2.48%
• 6M: -1.52%
• 1Y: 7.47%
• 3Y*: 2.49%
• 5Y*: 5.46%
• 10Y*: 7.09%

XNAQ.L

• 1D: -0.63%
• 1M: 9.63%
• YTD: 19.89%
• 6M: 18.46%
• 1Y: 41.84%
• 3Y*: 24.81%
• 5Y*: 18.96%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XSDR.L vs. XNAQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XSDR.L Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C	-2.48%	9.44%	0.30%	6.92%	0.28%	15.80%
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C	19.89%	11.71%	28.62%	47.83%	-25.44%	26.22%

Correlation

The correlation between XSDR.L and XNAQ.L is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jan 29, 2021	0.30

The correlation between XSDR.L and XNAQ.L shifts across timeframes, from 0.10 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.

XSDR.L vs. XNAQ.L - Sectors Allocation Comparison

Sectors	XSDR.L	XNAQ.L
Healthcare	100.0%	4.2%
Basic Materials	-	1.1%
Communication Services	-	15.8%
Consumer Cyclical	-	12.2%
Consumer Defensive	-	7.7%
Energy	-	0.6%
Financial Services	-	0.2%
Industrials	-	3.1%
Real Estate	-	0.1%
Technology	-	53.7%
Utilities	-	1.4%

Return for Risk

XSDR.L vs. XNAQ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XSDR.L

XSDR.L Risk / Return Rank: 16
XSDR.L Sharpe Ratio Rank: 16
XSDR.L Sortino Ratio Rank: 16
XSDR.L Omega Ratio Rank: 16
XSDR.L Calmar Ratio Rank: 16
XSDR.L Martin Ratio Rank: 15

XNAQ.L

XNAQ.L Risk / Return Rank: 78
XNAQ.L Sharpe Ratio Rank: 86
XNAQ.L Sortino Ratio Rank: 83
XNAQ.L Omega Ratio Rank: 83
XNAQ.L Calmar Ratio Rank: 76
XNAQ.L Martin Ratio Rank: 62

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.

XSDR.L vs. XNAQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (XSDR.L) and Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.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.

	XSDR.L	XNAQ.L	Difference
Sharpe ratio: Return per unit of total volatility	0.43	2.83	-2.39
Sortino ratio: Return per unit of downside risk	0.76	3.70	-2.94
Omega ratio: Gain probability vs. loss probability	1.09	1.50	-0.41
Calmar ratio: Return relative to maximum drawdown	0.56	3.79	-3.23
Martin ratio: Return relative to average drawdown	1.31	11.13	-9.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSDR.L vs. XNAQ.L - Sharpe Ratio Comparison

The current XSDR.L Sharpe Ratio is 0.43, which is lower than the XNAQ.L Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of XSDR.L and XNAQ.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.

Sharpe Ratios by Period

	XSDR.L	XNAQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.43	2.83	-2.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	1.00	-0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.93	-0.33

Drawdowns

XSDR.L vs. XNAQ.L - Drawdown Comparison

The maximum XSDR.L drawdown since its inception was -25.61%, smaller than the maximum XNAQ.L drawdown of -27.52%. Use the drawdown chart below to compare losses from any high point for XSDR.L and XNAQ.L.

Drawdown Indicators

	XSDR.L	XNAQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.61%	-27.52%	+1.91%
Max Drawdown (1Y) Largest decline over 1 year	-13.31%	-10.99%	-2.32%
Max Drawdown (3Y) Largest decline over 3 years	-25.61%	-24.56%	-1.05%
Max Drawdown (5Y) Largest decline over 5 years	-25.61%	-27.52%	+1.91%
Max Drawdown (10Y) Largest decline over 10 years	-25.61%	—	—
Current Drawdown Current decline from peak	-11.70%	-0.63%	-11.07%
Average Drawdown Average peak-to-trough decline	-5.72%	-7.01%	+1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.68%	3.75%	+1.93%

Volatility

XSDR.L vs. XNAQ.L - Volatility Comparison

Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (XSDR.L) has a higher volatility of 5.64% compared to Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) at 4.18%. This indicates that XSDR.L's price experiences larger fluctuations and is considered to be riskier than XNAQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSDR.L	XNAQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.64%	4.18%	+1.46%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	10.38%	+1.79%
Volatility (1Y) Calculated over the trailing 1-year period	17.23%	14.73%	+2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.89%	19.04%	-3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.85%	19.13%	-3.28%

XSDR.L vs. XNAQ.L - Expense Ratio Comparison

Both XSDR.L and XNAQ.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

XSDR.L vs. XNAQ.L - Dividend Comparison

Neither XSDR.L nor XNAQ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XSDR.L and XNAQ.L in my portfolio?

XSDR.L and XNAQ.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSDR.L or XNAQ.L?

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSDR.L or XNAQ.L?

XSDR.L and XNAQ.L have the same expense ratio: 0.20% per year.

What is the main difference between XSDR.L and XNAQ.L?

XSDR.L is categorized as Health & Biotech Equities, while XNAQ.L is Nasdaq-100. XSDR.L tracks MSCI World/Health Care NR USD, while XNAQ.L tracks Russell 1000 Growth TR USD.