XWEM.DE vs. XDWH.DE

Last updated Jun 5, 2026

XWEM.DE (Xtrackers MSCI World Momentum ESG UCITS ETF 1C) and XDWH.DE (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - XWEM.DE is a Momentum fund tracking the MSCI World Momentum Low Carbon SRI Screened Select Index, while XDWH.DE is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past year, XWEM.DE returned 31.14% vs 9.79% for XDWH.DE. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.

Performance

XWEM.DE vs. XDWH.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.DE) and Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XWEM.DE achieves a 19.94% return, which is significantly higher than XDWH.DE's -1.98% return.

XWEM.DE

• 1D: -0.96%
• 1M: 6.34%
• YTD: 19.94%
• 6M: 21.16%
• 1Y: 31.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDWH.DE

• 1D: 2.85%
• 1M: 3.42%
• YTD: -1.98%
• 6M: -1.51%
• 1Y: 9.79%
• 3Y*: 2.67%
• 5Y*: 5.50%
• 10Y*: 7.61%

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

XWEM.DE vs. XDWH.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XWEM.DE Xtrackers MSCI World Momentum ESG UCITS ETF 1C	19.94%	8.67%	36.15%	-1.01%
XDWH.DE Xtrackers MSCI World Health Care UCITS ETF 1C	-1.98%	2.21%	7.44%	2.20%

Correlation

The correlation between XWEM.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 (All Time) Calculated using the full available price history since Jul 6, 2023	0.40

The correlation between XWEM.DE and XDWH.DE shifts across timeframes, from 0.22 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XWEM.DE vs. XDWH.DE — Risk / Return Rank

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

XWEM.DE

XWEM.DE Risk / Return Rank: 38
XWEM.DE Sharpe Ratio Rank: 33
XWEM.DE Sortino Ratio Rank: 36
XWEM.DE Omega Ratio Rank: 54
XWEM.DE Calmar Ratio Rank: 40
XWEM.DE Martin Ratio Rank: 28

XDWH.DE

XDWH.DE Risk / Return Rank: 21
XDWH.DE Sharpe Ratio Rank: 21
XDWH.DE Sortino Ratio Rank: 22
XDWH.DE Omega Ratio Rank: 21
XDWH.DE Calmar Ratio Rank: 22
XDWH.DE Martin Ratio Rank: 20

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.

XWEM.DE vs. XDWH.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.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.

	XWEM.DE	XDWH.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.17	0.70	+0.47
Sortino ratio: Return per unit of downside risk	1.86	1.14	+0.72
Omega ratio: Gain probability vs. loss probability	1.33	1.13	+0.20
Calmar ratio: Return relative to maximum drawdown	1.94	0.93	+1.01
Martin ratio: Return relative to average drawdown	3.88	2.28	+1.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XWEM.DE vs. XDWH.DE - Sharpe Ratio Comparison

The current XWEM.DE Sharpe Ratio is 1.17, which is higher than the XDWH.DE Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of XWEM.DE and XDWH.DE, 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

	XWEM.DE	XDWH.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	0.70	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	0.55	+0.42

Drawdowns

XWEM.DE vs. XDWH.DE - Drawdown Comparison

The maximum XWEM.DE drawdown since its inception was -22.80%, smaller than the maximum XDWH.DE drawdown of -26.08%. Use the drawdown chart below to compare losses from any high point for XWEM.DE and XDWH.DE.

Drawdown Indicators

	XWEM.DE	XDWH.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.80%	-26.08%	+3.28%
Max Drawdown (1Y) Largest decline over 1 year	-15.98%	-10.32%	-5.66%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.08%	—
Current Drawdown Current decline from peak	-0.96%	-8.51%	+7.55%
Average Drawdown Average peak-to-trough decline	-5.51%	-4.82%	-0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.00%	4.20%	+3.80%

Volatility

XWEM.DE vs. XDWH.DE - Volatility Comparison

Xtrackers MSCI World Momentum ESG UCITS ETF 1C (XWEM.DE) and Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.DE) have volatilities of 4.83% and 4.81%, 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

	XWEM.DE	XDWH.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	4.81%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	12.62%	9.51%	+3.11%
Volatility (1Y) Calculated over the trailing 1-year period	26.61%	13.69%	+12.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.80%	13.43%	+8.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.80%	14.69%	+7.11%

XWEM.DE vs. XDWH.DE - Expense Ratio Comparison

Both XWEM.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

XWEM.DE vs. XDWH.DE - Dividend Comparison

Neither XWEM.DE nor XDWH.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XWEM.DE and XDWH.DE in my portfolio?

XWEM.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.

Which ETF is better, XWEM.DE or XDWH.DE?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XWEM.DE or XDWH.DE?

XWEM.DE and XDWH.DE have the same expense ratio: 0.25% per year.

What is the main difference between XWEM.DE and XDWH.DE?

XWEM.DE is categorized as Momentum, while XDWH.DE is Health & Biotech Equities. XWEM.DE tracks MSCI World Momentum Low Carbon SRI Screened Select Index, while XDWH.DE tracks MSCI World/Health Care NR USD.