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Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

WELK.DE is a passive ETF by Amundi tracking the investment results of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials. WELK.DE launched on Sep 20, 2022 and has a 0.18% expense ratio.

Looking to diversify beyond WELK.DE? The ETFs below have the lowest correlation with WELK.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 WELK.DE.

Best Diversifiers for WELK.DE

2 ETFs have low correlation with WELK.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) (Commodity Producers Equities) with a 1Y correlation of 0.20, down from 0.33 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
VVMX.DE
VanEck Rare Earth and Strategic Metals UCITS ETF A0.200.300.33
87
Commodity Producers EquitiesWELK.DE vs VVMX.DE
LSMC.DE
Amundi MSCI Semiconductors ESG Screened UCITS ETF0.290.34—
94
Semiconductors, Technology EquitiesWELK.DE vs LSMC.DE
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...0.300.40—
97
Semiconductors, Technology EquitiesWELK.DE vs SEC0.DE
LYPG.DE
Amundi MSCI World Information Technology UCITS ETF...0.410.420.45
64
Technology EquitiesWELK.DE vs LYPG.DE
GOAI.DE
Amundi MSCI Robotics & AI ESG Screened UCITS ETF A...0.440.53—
67
Robotics, Technology EquitiesWELK.DE vs GOAI.DE
See all 15 diversifiers for WELK.DE

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Diversification Analysis

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