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Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 26, 2026

The Amundi S&P 500 Equal Weight ESG UCITS ETF Acc is an accumulating equity fund that provides equal-weighted exposure to U.S. large-cap companies selected using environmental, social, and governance criteria.

Looking to diversify beyond WELE.DE? The ETFs below have the lowest correlation with WELE.DE — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from WELE.DE.

Best Diversifiers for WELE.DE

0 ETFs have low correlation with WELE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE) (Semiconductors) with a 1Y correlation of 0.32, roughly unchanged from 0.37 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LSMC.DE
Amundi MSCI Semiconductors ESG Screened UCITS ETF0.320.37—
95
Semiconductors, Technology EquitiesWELE.DE vs LSMC.DE
LYBK.DE
Amundi Euro Stoxx Banks UCITS ETF Acc0.330.32—
74
Financials EquitiesWELE.DE vs LYBK.DE
QDVE.DE
iShares S&P 500 Information Technology Sector UCIT...0.360.440.52
56
Technology Equities, S&P 500WELE.DE vs QDVE.DE
LYPG.DE
Amundi MSCI World Information Technology UCITS ETF...0.390.46—
56
Technology EquitiesWELE.DE vs LYPG.DE
SPQH.DE
Global X S&P 500 Quarterly Tail Hedge UCITS ETF US...0.430.530.54
55
Defined Outcome, S&P 500WELE.DE vs SPQH.DE
See all 46 diversifiers for WELE.DE

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Diversification Analysis

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