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

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

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

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

Best Diversifiers for WELX.DE

1 ETFs have low correlation with WELX.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco European Telecoms Sector UCITS ETF (SC0Q.DE) (Communications Equities) with a 1Y correlation of 0.10, roughly unchanged from 0.14 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SC0Q.DE
Invesco European Telecoms Sector UCITS ETF0.100.14—
59
Communications EquitiesWELX.DE vs SC0Q.DE
LYBK.DE
Amundi Euro Stoxx Banks UCITS ETF Acc0.360.280.29
74
Financials EquitiesWELX.DE vs LYBK.DE
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...0.400.520.53
97
Semiconductors, Technology EquitiesWELX.DE vs SEC0.DE
WELK.DE
Amundi S&P Global Financials ESG UCITS ETF EUR Acc0.400.45—
51
Financials EquitiesWELX.DE vs WELK.DE
LYP6.DE
Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc0.430.45—
60
Europe EquitiesWELX.DE vs LYP6.DE
See all 14 diversifiers for WELX.DE

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Diversification Analysis

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