XUHE.DE vs. XDWH.DE
XUHE.DE (Xtrackers USD High Yield Corporate Bond UCITS ETF EUR Hedged (Acc)) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - XUHE.DE is a High Yield Bonds fund tracking the Bloomberg US High Yield Very Liquid ex 144A 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, XUHE.DE returned 6.61%/yr vs 6.34%/yr for XDWH.DE. At a 0.16 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
XUHE.DE vs. XDWH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XUHE.DE achieves a 1.21% return, which is significantly lower than XDWH.DE's 6.77% return.
XUHE.DE
- 1D
- -0.12%
- 1M
- 0.30%
- 6M
- 1.21%
- YTD
- 1.21%
- 1Y
- 3.98%
- 3Y*
- 6.61%
- 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%
XUHE.DE vs. XDWH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XUHE.DE Xtrackers USD High Yield Corporate Bond UCITS ETF EUR Hedged (Acc) | 1.21% | 7.00% | 5.04% | 10.87% | -14.46% | 0.91% |
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C | 6.77% | 2.20% | 7.45% | 0.04% | 0.11% | 12.00% |
Correlation
The correlation between XUHE.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 | 0.23 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2021 | 0.16 |
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Return for Risk
XUHE.DE vs. XDWH.DE — Risk / Return Rank
XUHE.DE
XDWH.DE
XUHE.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond UCITS ETF EUR Hedged (Acc) (XUHE.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.
| XUHE.DE | XDWH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 2.24 | -0.92 |
| Martin ratioReturn relative to average drawdown | 6.17 | 5.74 | +0.42 |
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Drawdowns
XUHE.DE vs. XDWH.DE - Drawdown Comparison
The maximum XUHE.DE drawdown since its inception was -17.56%, smaller than the maximum XDWH.DE drawdown of -40.65%. Use the drawdown chart below to compare losses from any high point for XUHE.DE and XDWH.DE.
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Drawdown Indicators
| XUHE.DE | XDWH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.56% | -40.65% | +23.09% |
Max Drawdown (1Y)Largest decline over 1 year | -3.00% | -9.82% | +6.82% |
Max Drawdown (3Y)Largest decline over 3 years | -5.20% | -21.11% | +15.91% |
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 | -0.12% | -0.35% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -7.34% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 3.83% | -3.19% |
Volatility
XUHE.DE vs. XDWH.DE - Volatility Comparison
The current volatility for Xtrackers USD High Yield Corporate Bond UCITS ETF EUR Hedged (Acc) (XUHE.DE) is 1.19%, while Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) has a volatility of 4.52%. This indicates that XUHE.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
| XUHE.DE | XDWH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 4.52% | -3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 3.49% | 10.23% | -6.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.13% | 14.17% | -10.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.43% | 13.51% | -6.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.43% | 15.62% | -8.19% |
XUHE.DE vs. XDWH.DE - Expense Ratio Comparison
Both XUHE.DE and XDWH.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XUHE.DE vs. XDWH.DE - Dividend Comparison
Neither XUHE.DE nor XDWH.DE has paid dividends to shareholders.
Frequently Asked Questions
XUHE.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.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XUHE.DE and XDWH.DE have the same expense ratio: 0.25% per year.
XUHE.DE is categorized as High Yield Bonds, while XDWH.DE is Health & Biotech Equities. XUHE.DE tracks Bloomberg US High Yield Very Liquid ex 144A Index (EUR Hedged), while XDWH.DE tracks MSCI World/Health Care NR USD.
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