XWEV.L vs. XDWH.L
XWEV.L (Xtrackers MSCI World Value ESG UCITS ETF 1C) and XDWH.L (Xtrackers MSCI World Health Care UCITS ETF 1C) are both exchange-traded funds - XWEV.L is a Global Equities fund tracking the MSCI World Value Low Carbon SRI Screened Select, while XDWH.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past year, XWEV.L returned 43.60% vs 10.70% for XDWH.L. A 0.51 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
XWEV.L vs. XDWH.L - Performance Comparison
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Returns By Period
In the year-to-date period, XWEV.L achieves a 18.20% return, which is significantly higher than XDWH.L's -2.40% return.
XWEV.L
- 1D
- -0.36%
- 1M
- 5.85%
- YTD
- 18.20%
- 6M
- 20.60%
- 1Y
- 43.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDWH.L
- 1D
- -0.26%
- 1M
- 3.63%
- YTD
- -2.40%
- 6M
- -1.07%
- 1Y
- 10.70%
- 3Y*
- 5.22%
- 5Y*
- 4.14%
- 10Y*
- 8.39%
XWEV.L vs. XDWH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XWEV.L Xtrackers MSCI World Value ESG UCITS ETF 1C | 18.20% | 38.58% | 6.98% | 7.84% |
XDWH.L Xtrackers MSCI World Health Care UCITS ETF 1C | -2.40% | 15.25% | 0.75% | 4.25% |
Correlation
The correlation between XWEV.L and XDWH.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023 | 0.51 |
The correlation between XWEV.L and XDWH.L has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.
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Return for Risk
XWEV.L vs. XDWH.L — Risk / Return Rank
XWEV.L
XDWH.L
XWEV.L vs. XDWH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.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.
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.
| XWEV.L | XDWH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.13 | ||
| Sortino ratioReturn per unit of downside risk | +2.86 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.14 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | 1.03 | +3.16 |
| Martin ratioReturn relative to average drawdown | 16.28 | 2.57 | +13.71 |
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Drawdowns
XWEV.L vs. XDWH.L - Drawdown Comparison
The maximum XWEV.L drawdown since its inception was -14.23%, smaller than the maximum XDWH.L drawdown of -26.24%. Use the drawdown chart below to compare losses from any high point for XWEV.L and XDWH.L.
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Drawdown Indicators
| XWEV.L | XDWH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.23% | -26.24% | +12.01% |
Max Drawdown (1Y)Largest decline over 1 year | -10.37% | -10.39% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.27% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.27% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.24% | — |
Current DrawdownCurrent decline from peak | -0.91% | -5.49% | +4.58% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -4.80% | +2.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 4.16% | -1.49% |
Volatility
XWEV.L vs. XDWH.L - Volatility Comparison
Xtrackers MSCI World Value ESG UCITS ETF 1C (XWEV.L) has a higher volatility of 5.20% compared to Xtrackers MSCI World Health Care UCITS ETF 1C (XDWH.L) at 4.55%. This indicates that XWEV.L's price experiences larger fluctuations and is considered to be riskier 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
| XWEV.L | XDWH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.20% | 4.55% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 10.63% | +1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.19% | 14.59% | +0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.10% | 14.16% | +0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 14.96% | +0.14% |
XWEV.L vs. XDWH.L - Expense Ratio Comparison
Both XWEV.L and XDWH.L 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
XWEV.L vs. XDWH.L - Dividend Comparison
Neither XWEV.L nor XDWH.L has paid dividends to shareholders.
Frequently Asked Questions
XWEV.L and XDWH.L have a correlation of 0.44, 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.
XWEV.L and XDWH.L have the same expense ratio: 0.25% per year.
XWEV.L is categorized as Global Equities, while XDWH.L is Health & Biotech Equities. XWEV.L tracks MSCI World Value Low Carbon SRI Screened Select, while XDWH.L tracks MSCI World/Health Care NR USD.
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