XSHC.L vs. CH5.L

Last updated Jun 5, 2026

XSHC.L (Xtrackers MSCI USA Health Care UCITS ETF 1D) and CH5.L (Amundi ETF MSCI Europe Healthcare UCITS ETF) are both Health & Biotech Equities funds tracking the MSCI World/Health Care NR USD, from Xtrackers and Amundi respectively. Both are passively managed. Over the past 5 years, XSHC.L returned 6.64%/yr vs -13.43%/yr for CH5.L. A 0.64 correlation means they provide meaningful diversification when combined. XSHC.L charges 0.12%/yr vs 0.25%/yr for CH5.L.

Performance

XSHC.L vs. CH5.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI USA Health Care UCITS ETF 1D (XSHC.L) and Amundi ETF MSCI Europe Healthcare UCITS ETF (CH5.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XSHC.L achieves a -2.30% return, which is significantly higher than CH5.L's -3.01% return.

XSHC.L

• 1D: 2.98%
• 1M: 5.65%
• YTD: -2.30%
• 6M: -1.90%
• 1Y: 15.68%
• 3Y*: 3.74%
• 5Y*: 6.64%
• 10Y*: —

CH5.L

• 1D: 3.21%
• 1M: 1.61%
• YTD: -3.01%
• 6M: -1.61%
• 1Y: 8.05%
• 3Y*: -26.49%
• 5Y*: -13.43%
• 10Y*: -3.17%

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

XSHC.L vs. CH5.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XSHC.L Xtrackers MSCI USA Health Care UCITS ETF 1D	-2.30%	6.84%	4.08%	-3.58%	8.14%	28.13%	9.97%	16.71%	14.71%
CH5.L Amundi ETF MSCI Europe Healthcare UCITS ETF	-3.01%	11.85%	-63.23%	5.38%	1.64%	17.03%	3.58%	24.30%	5.93%

Correlation

The correlation between XSHC.L and CH5.L is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since Apr 24, 2018	0.64

The correlation between XSHC.L and CH5.L has been stable across timeframes, ranging from 0.55 to 0.64 - a consistent structural relationship.

XSHC.L vs. CH5.L - Sectors Allocation Comparison

Sectors	XSHC.L	CH5.L
Healthcare	100.0%	28.0%
Basic Materials	-	3.3%
Communication Services	-	0.0%
Consumer Cyclical	-	6.6%
Consumer Defensive	-	1.8%
Energy	-	1.5%
Financial Services	-	18.5%
Industrials	-	37.9%
Real Estate	-	0.5%
Technology	-	15.7%
Utilities	-	0.6%

Return for Risk

XSHC.L vs. CH5.L — Risk / Return Rank

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

XSHC.L

XSHC.L Risk / Return Rank: 28
XSHC.L Sharpe Ratio Rank: 30
XSHC.L Sortino Ratio Rank: 31
XSHC.L Omega Ratio Rank: 28
XSHC.L Calmar Ratio Rank: 27
XSHC.L Martin Ratio Rank: 24

CH5.L

CH5.L Risk / Return Rank: 17
CH5.L Sharpe Ratio Rank: 17
CH5.L Sortino Ratio Rank: 17
CH5.L Omega Ratio Rank: 17
CH5.L Calmar Ratio Rank: 17
CH5.L Martin Ratio Rank: 16

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.

XSHC.L vs. CH5.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Health Care UCITS ETF 1D (XSHC.L) and Amundi ETF MSCI Europe Healthcare UCITS ETF (CH5.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.

	XSHC.L	CH5.L	Difference
Sharpe ratio: Return per unit of total volatility	1.06	0.49	+0.57
Sortino ratio: Return per unit of downside risk	1.65	0.84	+0.81
Omega ratio: Gain probability vs. loss probability	1.18	1.10	+0.08
Calmar ratio: Return relative to maximum drawdown	1.28	0.60	+0.68
Martin ratio: Return relative to average drawdown	3.19	1.43	+1.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSHC.L vs. CH5.L - Sharpe Ratio Comparison

The current XSHC.L Sharpe Ratio is 1.06, which is higher than the CH5.L Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of XSHC.L and CH5.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

	XSHC.L	CH5.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.49	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	-0.42	+0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.02	+0.60

Drawdowns

XSHC.L vs. CH5.L - Drawdown Comparison

The maximum XSHC.L drawdown since its inception was -19.16%, smaller than the maximum CH5.L drawdown of -70.04%. Use the drawdown chart below to compare losses from any high point for XSHC.L and CH5.L.

Drawdown Indicators

	XSHC.L	CH5.L	Difference
Max Drawdown Largest peak-to-trough decline	-19.16%	-70.04%	+50.88%
Max Drawdown (1Y) Largest decline over 1 year	-12.22%	-13.44%	+1.22%
Max Drawdown (3Y) Largest decline over 3 years	-19.16%	-70.04%	+50.88%
Max Drawdown (5Y) Largest decline over 5 years	-19.16%	-70.04%	+50.88%
Max Drawdown (10Y) Largest decline over 10 years	—	-70.04%	—
Current Drawdown Current decline from peak	-5.62%	-64.16%	+58.54%
Average Drawdown Average peak-to-trough decline	-4.80%	-14.80%	+10.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	5.61%	-0.70%

Volatility

XSHC.L vs. CH5.L - Volatility Comparison

Xtrackers MSCI USA Health Care UCITS ETF 1D (XSHC.L) and Amundi ETF MSCI Europe Healthcare UCITS ETF (CH5.L) have volatilities of 5.43% and 5.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSHC.L	CH5.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.43%	5.66%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	10.56%	11.79%	-1.23%
Volatility (1Y) Calculated over the trailing 1-year period	14.72%	16.28%	-1.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.22%	31.85%	-17.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.74%	25.28%	-9.54%

XSHC.L vs. CH5.L - Expense Ratio Comparison

XSHC.L has a 0.12% expense ratio, which is lower than CH5.L'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

XSHC.L vs. CH5.L - Dividend Comparison

XSHC.L's dividend yield for the trailing twelve months is around 1.28%, while CH5.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CH5.L Amundi ETF MSCI Europe Healthcare UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSHC.L Xtrackers MSCI USA Health Care UCITS ETF 1D	1.28%	1.25%	1.25%	1.23%	1.55%	0.85%	1.12%	0.98%

Frequently Asked Questions

Can I hold both XSHC.L and CH5.L in my portfolio?

XSHC.L and CH5.L have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSHC.L or CH5.L?

On fees, XSHC.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSHC.L or CH5.L?

XSHC.L is cheaper with a 0.12% expense ratio, compared with 0.25% for CH5.L.

What is the main difference between XSHC.L and CH5.L?

Both ETFs track MSCI World/Health Care NR USD. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.12% for XSHC.L and 0.25% for CH5.L.