XSTR.L vs. XDWH.L
XSTR.L (Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D) and XDWH.L (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - XSTR.L is a Money Market fund actively managed by Xtrackers, while XDWH.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. XSTR.L is actively managed, while XDWH.L is passively managed. Over the past 10 years, XSTR.L returned 1.76%/yr vs 8.45%/yr for XDWH.L. At a 0.02 correlation, their price movements are largely independent. XSTR.L charges 0.10%/yr vs 0.25%/yr for XDWH.L.
Performance
XSTR.L vs. XDWH.L - Performance Comparison
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Different Trading Currencies
XSTR.L is traded in GBp, while XDWH.L is traded in USD. To make them comparable, the XDWH.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, XSTR.L achieves a 1.53% return, which is significantly higher than XDWH.L's -5.22% return. Over the past 10 years, XSTR.L has underperformed XDWH.L with an annualized return of 1.76%, while XDWH.L has yielded a comparatively higher 8.45% annualized return.
XSTR.L
- 1D
- 0.00%
- 1M
- 0.22%
- YTD
- 1.53%
- 6M
- 1.84%
- 1Y
- 3.89%
- 3Y*
- 4.61%
- 5Y*
- 3.32%
- 10Y*
- 1.76%
XDWH.L
- 1D
- 0.72%
- 1M
- 0.94%
- YTD
- -5.22%
- 6M
- -5.79%
- 1Y
- 10.01%
- 3Y*
- 2.03%
- 5Y*
- 5.04%
- 10Y*
- 8.45%
XSTR.L vs. XDWH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XSTR.L Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | 1.53% | 4.20% | 5.14% | 4.57% | 1.25% | -0.08% | 0.03% | 0.56% | 0.41% | 0.10% |
XDWH.L Xtrackers MSCI World Health Care UCITS ETF 1C | -5.22% | 7.04% | 2.51% | -1.38% | 5.83% | 21.71% | 9.57% | 18.28% | 7.59% | 9.77% |
Correlation
The correlation between XSTR.L and XDWH.L is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2016 | 0.02 |
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Return for Risk
XSTR.L vs. XDWH.L — Risk / Return Rank
XSTR.L
XDWH.L
XSTR.L vs. XDWH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D (XSTR.L) and Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.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.
| XSTR.L | XDWH.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.85 | 0.70 | +1.15 |
Sortino ratioReturn per unit of downside risk | 2.70 | 1.10 | +1.60 |
Omega ratioGain probability vs. loss probability | 1.79 | 1.13 | +0.66 |
Calmar ratioReturn relative to maximum drawdown | 4.01 | 0.96 | +3.05 |
Martin ratioReturn relative to average drawdown | 32.04 | 2.50 | +29.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XSTR.L | XDWH.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.85 | 0.70 | +1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 3.57 | 0.36 | +3.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.86 | 0.55 | +1.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | 0.57 | -0.66 |
Drawdowns
XSTR.L vs. XDWH.L - Drawdown Comparison
The maximum XSTR.L drawdown since its inception was -23.56%, which is greater than XDWH.L's maximum drawdown of -18.80%. Use the drawdown chart below to compare losses from any high point for XSTR.L and XDWH.L.
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Drawdown Indicators
| XSTR.L | XDWH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.56% | -18.80% | -4.76% |
Max Drawdown (1Y)Largest decline over 1 year | -0.97% | -10.43% | +9.46% |
Max Drawdown (3Y)Largest decline over 3 years | -0.97% | -18.80% | +17.83% |
Max Drawdown (5Y)Largest decline over 5 years | -0.97% | -18.80% | +17.83% |
Max Drawdown (10Y)Largest decline over 10 years | -1.60% | -18.80% | +17.20% |
Current DrawdownCurrent decline from peak | -7.89% | -8.57% | +0.68% |
Average DrawdownAverage peak-to-trough decline | -20.17% | -4.41% | -15.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.12% | 3.99% | -3.87% |
Volatility
XSTR.L vs. XDWH.L - Volatility Comparison
The current volatility for Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D (XSTR.L) is 0.14%, while Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.L) has a volatility of 4.50%. This indicates that XSTR.L experiences smaller price fluctuations and is considered to be less risky than XDWH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSTR.L | XDWH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.14% | 4.50% | -4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 2.02% | 10.58% | -8.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.09% | 14.31% | -12.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.02% | 13.96% | -12.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.99% | 15.48% | -14.49% |
XSTR.L vs. XDWH.L - Expense Ratio Comparison
XSTR.L has a 0.10% expense ratio, which is lower than XDWH.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
XSTR.L vs. XDWH.L - Dividend Comparison
XSTR.L's dividend yield for the trailing twelve months is around 4.15%, while XDWH.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDWH.L Xtrackers MSCI World Health Care UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSTR.L Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | 4.15% | 4.61% | 5.06% | 4.05% | 0.33% | 0.02% | 0.56% | 0.97% | 0.61% | 0.19% | 1.19% | 0.78% |
Frequently Asked Questions
XSTR.L and XDWH.L have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSTR.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSTR.L is cheaper with a 0.10% expense ratio, compared with 0.25% for XDWH.L.
XSTR.L is categorized as Money Market, while XDWH.L is Health & Biotech Equities. Their fees differ too: 0.10% for XSTR.L and 0.25% for XDWH.L.
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