5ESE.DE vs. FWEA.DE

Last updated Jul 4, 2026

5ESE.DE (Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc) and FWEA.DE (Invesco FTSE All-World UCITS ETF EUR PfHdg Acc) are both exchange-traded funds - 5ESE.DE is a S&P 500 fund tracking the S&P 500 ESG Index, while FWEA.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 3 years, 5ESE.DE returned 17.55%/yr vs 17.71%/yr for FWEA.DE. Their correlation of 0.93 suggests significant overlap in exposure. 5ESE.DE charges 0.09%/yr vs 0.20%/yr for FWEA.DE.

Performance

5ESE.DE vs. FWEA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) and Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 5ESE.DE achieves a 7.92% return, which is significantly lower than FWEA.DE's 10.02% return.

5ESE.DE

• 1D: 0.12%
• 1M: 0.07%
• 6M: 8.61%
• YTD: 7.92%
• 1Y: 20.25%
• 3Y*: 17.55%
• 5Y*: —
• 10Y*: —

FWEA.DE

• 1D: 0.00%
• 1M: -0.80%
• 6M: 10.26%
• YTD: 10.02%
• 1Y: 21.71%
• 3Y*: 17.71%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

5ESE.DE vs. FWEA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
5ESE.DE Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc	7.92%	15.84%	21.80%	9.00%
FWEA.DE Invesco FTSE All-World UCITS ETF EUR PfHdg Acc	10.02%	17.53%	19.21%	8.62%

Correlation

The correlation between 5ESE.DE and FWEA.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023	0.93

The correlation between 5ESE.DE and FWEA.DE has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

Return for Risk

5ESE.DE vs. FWEA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

5ESE.DE

5ESE.DE Risk / Return Rank: 61
5ESE.DE Sharpe Ratio Rank: 61
5ESE.DE Sortino Ratio Rank: 67
5ESE.DE Omega Ratio Rank: 60
5ESE.DE Calmar Ratio Rank: 53
5ESE.DE Martin Ratio Rank: 63

FWEA.DE

FWEA.DE Risk / Return Rank: 70
FWEA.DE Sharpe Ratio Rank: 69
FWEA.DE Sortino Ratio Rank: 75
FWEA.DE Omega Ratio Rank: 70
FWEA.DE Calmar Ratio Rank: 65
FWEA.DE Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

5ESE.DE vs. FWEA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) and Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	5ESE.DE	FWEA.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.83	-0.16
Sortino ratio: Return per unit of downside risk	2.54	2.75	-0.21
Omega ratio: Gain probability vs. loss probability	1.30	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	2.19	2.62	-0.43
Martin ratio: Return relative to average drawdown	9.28	10.72	-1.44

5ESE.DE vs. FWEA.DE - Sharpe Ratio Comparison

The current 5ESE.DE Sharpe Ratio is 1.66, which is comparable to the FWEA.DE Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of 5ESE.DE and FWEA.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

5ESE.DE vs. FWEA.DE - Drawdown Comparison

The maximum 5ESE.DE drawdown since its inception was -25.54%, which is greater than FWEA.DE's maximum drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for 5ESE.DE and FWEA.DE.

Drawdown Indicators

	5ESE.DE	FWEA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-25.54%	-17.48%	-8.06%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	-8.28%	-0.92%
Max Drawdown (3Y) Largest decline over 3 years	-19.31%	-17.48%	-1.83%
Current Drawdown Current decline from peak	-1.36%	-1.37%	+0.01%
Average Drawdown Average peak-to-trough decline	-6.90%	-1.86%	-5.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	2.03%	+0.15%

Volatility

5ESE.DE vs. FWEA.DE - Volatility Comparison

Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) has a higher volatility of 4.11% compared to Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) at 3.88%. This indicates that 5ESE.DE's price experiences larger fluctuations and is considered to be riskier than FWEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	5ESE.DE	FWEA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	3.88%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	9.35%	9.49%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	12.14%	11.88%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.62%	12.75%	+3.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	12.75%	+3.87%

5ESE.DE vs. FWEA.DE - Expense Ratio Comparison

5ESE.DE has a 0.09% expense ratio, which is lower than FWEA.DE's 0.20% 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

5ESE.DE vs. FWEA.DE - Dividend Comparison

Neither 5ESE.DE nor FWEA.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both 5ESE.DE and FWEA.DE in my portfolio?

With a correlation of 0.92, 5ESE.DE and FWEA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, 5ESE.DE or FWEA.DE?

On fees, 5ESE.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 5ESE.DE or FWEA.DE?

5ESE.DE is cheaper with a 0.09% expense ratio, compared with 0.20% for FWEA.DE.

What is the main difference between 5ESE.DE and FWEA.DE?

5ESE.DE is categorized as S&P 500, while FWEA.DE is Global Equities. 5ESE.DE tracks S&P 500 ESG Index, while FWEA.DE tracks FTSE All-World Index. Their fees differ too: 0.09% for 5ESE.DE and 0.20% for FWEA.DE.