ZPDH.DE vs. DXSE.DE
ZPDH.DE (SPDR S&P US Health Care Select Sector UCITS ETF) and DXSE.DE (Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C) are both Health & Biotech Equities funds - ZPDH.DE tracks the S&P Health Care Select Sector while DXSE.DE tracks the MSCI Europe Health Care ESG Screened 20-35. Both are passively managed. Over the past 10 years, ZPDH.DE returned 8.92%/yr vs 6.10%/yr for DXSE.DE. A 0.64 correlation means they provide meaningful diversification when combined. ZPDH.DE charges 0.15%/yr vs 0.17%/yr for DXSE.DE.
Performance
ZPDH.DE vs. DXSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPDH.DE achieves a -1.12% return, which is significantly higher than DXSE.DE's -1.95% return. Over the past 10 years, ZPDH.DE has outperformed DXSE.DE with an annualized return of 8.92%, while DXSE.DE has yielded a comparatively lower 6.10% annualized return.
ZPDH.DE
- 1D
- 2.83%
- 1M
- 5.48%
- YTD
- -1.12%
- 6M
- -0.21%
- 1Y
- 13.04%
- 3Y*
- 3.67%
- 5Y*
- 6.73%
- 10Y*
- 8.92%
DXSE.DE
- 1D
- 2.90%
- 1M
- 1.98%
- YTD
- -1.95%
- 6M
- -0.40%
- 1Y
- 4.80%
- 3Y*
- 2.51%
- 5Y*
- 5.38%
- 10Y*
- 6.10%
ZPDH.DE vs. DXSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPDH.DE SPDR S&P US Health Care Select Sector UCITS ETF | -1.12% | 1.73% | 8.46% | -1.73% | 3.31% | 37.77% | 1.69% | 24.37% | 9.07% | 6.98% |
DXSE.DE Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C | -1.95% | 4.97% | 4.52% | 9.56% | -5.75% | 25.75% | -1.94% | 32.90% | -1.01% | 4.42% |
Correlation
The correlation between ZPDH.DE and DXSE.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2015 | 0.64 |
The correlation between ZPDH.DE and DXSE.DE shifts across timeframes, from 0.53 (3 years) to 0.64 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ZPDH.DE vs. DXSE.DE — Risk / Return Rank
ZPDH.DE
DXSE.DE
ZPDH.DE vs. DXSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) and Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.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.
| ZPDH.DE | DXSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.06 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 0.38 | +0.83 |
| Martin ratioReturn relative to average drawdown | 2.95 | 0.82 | +2.12 |
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
| ZPDH.DE | DXSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.27 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.32 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.38 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.45 | +0.01 |
Drawdowns
ZPDH.DE vs. DXSE.DE - Drawdown Comparison
The maximum ZPDH.DE drawdown since its inception was -26.61%, smaller than the maximum DXSE.DE drawdown of -34.30%. Use the drawdown chart below to compare losses from any high point for ZPDH.DE and DXSE.DE.
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Drawdown Indicators
| ZPDH.DE | DXSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.61% | -34.30% | +7.69% |
Max Drawdown (1Y)Largest decline over 1 year | -10.77% | -12.67% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -22.64% | -28.10% | +5.46% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -28.10% | +5.46% |
Max Drawdown (10Y)Largest decline over 10 years | -26.61% | -28.10% | +1.49% |
Current DrawdownCurrent decline from peak | -7.28% | -13.88% | +6.60% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -8.34% | +2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 5.81% | -1.40% |
Volatility
ZPDH.DE vs. DXSE.DE - Volatility Comparison
The current volatility for SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) is 5.13%, while Xtrackers MSCI Europe Health Care ESG Screened UCITS ETF 1C (DXSE.DE) has a volatility of 5.82%. This indicates that ZPDH.DE experiences smaller price fluctuations and is considered to be less risky than DXSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPDH.DE | DXSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 5.82% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 11.95% | -1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.63% | 17.63% | -3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 16.48% | -2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.77% | 16.04% | -0.27% |
ZPDH.DE vs. DXSE.DE - Expense Ratio Comparison
ZPDH.DE has a 0.15% expense ratio, which is lower than DXSE.DE's 0.17% 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
ZPDH.DE vs. DXSE.DE - Dividend Comparison
Neither ZPDH.DE nor DXSE.DE has paid dividends to shareholders.
Frequently Asked Questions
ZPDH.DE and DXSE.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDH.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDH.DE is cheaper with a 0.15% expense ratio, compared with 0.17% for DXSE.DE.
ZPDH.DE tracks S&P Health Care Select Sector, while DXSE.DE tracks MSCI Europe Health Care ESG Screened 20-35. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.15% for ZPDH.DE and 0.17% for DXSE.DE.
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