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Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist (WELR.DE) Diversifiers

ETF · Currency in EUR · Last updated Jul 18, 2026

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

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

Best Diversifiers for WELR.DE

1 ETFs have low correlation with WELR.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.DE) (Financials Equities) with a 1Y correlation of 0.29, roughly unchanged from 0.27 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LYBK.DE
Amundi Euro Stoxx Banks UCITS ETF Acc0.290.260.27
76
Financials EquitiesWELR.DE vs LYBK.DE
LSMC.DE
Amundi MSCI Semiconductors ESG Screened UCITS ETF0.360.500.51
87
Semiconductors, Technology EquitiesWELR.DE vs LSMC.DE
LYP6.DE
Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc0.370.420.46
60
Europe EquitiesWELR.DE vs LYP6.DE
6AQQ.DE
Amundi Nasdaq 100 UCITS ETF EUR0.630.73—
58
Nasdaq-100WELR.DE vs 6AQQ.DE
AUM5.DE
Amundi S&P 500 UCITS ETF EUR0.670.710.72
73
S&P 500WELR.DE vs AUM5.DE

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Diversification Analysis

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