6AQQ.DE vs. WELN.DE
6AQQ.DE (Amundi Nasdaq 100 UCITS ETF EUR) and WELN.DE (Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc) are both exchange-traded funds - 6AQQ.DE is a Nasdaq-100 fund tracking the Nasdaq 100®, while WELN.DE is a Energy Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Energy. Both are passively managed. Over the past 3 years, 6AQQ.DE returned 24.68%/yr vs 14.42%/yr for WELN.DE. At a 0.16 correlation, their price movements are largely independent. 6AQQ.DE charges 0.23%/yr vs 0.18%/yr for WELN.DE.
Performance
6AQQ.DE vs. WELN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 6AQQ.DE achieves a 20.65% return, which is significantly lower than WELN.DE's 33.78% return.
6AQQ.DE
- 1D
- -0.84%
- 1M
- 7.97%
- YTD
- 20.65%
- 6M
- 18.79%
- 1Y
- 37.28%
- 3Y*
- 24.68%
- 5Y*
- 18.87%
- 10Y*
- 21.42%
WELN.DE
- 1D
- -0.46%
- 1M
- 2.90%
- YTD
- 33.78%
- 6M
- 30.26%
- 1Y
- 43.28%
- 3Y*
- 14.42%
- 5Y*
- —
- 10Y*
- —
6AQQ.DE vs. WELN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 20.65% | 7.08% | 33.77% | 51.54% | -9.11% |
WELN.DE Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc | 33.78% | -1.37% | 8.67% | -0.46% | 6.24% |
Correlation
The correlation between 6AQQ.DE and WELN.DE is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.16 |
The correlation between 6AQQ.DE and WELN.DE shifts across timeframes, from -0.05 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
6AQQ.DE vs. WELN.DE — Risk / Return Rank
6AQQ.DE
WELN.DE
6AQQ.DE vs. WELN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) and Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.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.
| 6AQQ.DE | WELN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 3.44 | +0.33 |
| Martin ratioReturn relative to average drawdown | 11.17 | 11.82 | -0.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 6AQQ.DE | WELN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | 2.17 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.08 | 0.60 | +0.47 |
Drawdowns
6AQQ.DE vs. WELN.DE - Drawdown Comparison
The maximum 6AQQ.DE drawdown since its inception was -31.19%, which is greater than WELN.DE's maximum drawdown of -23.29%. Use the drawdown chart below to compare losses from any high point for 6AQQ.DE and WELN.DE.
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Drawdown Indicators
| 6AQQ.DE | WELN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.19% | -23.29% | -7.90% |
Max Drawdown (1Y)Largest decline over 1 year | -10.01% | -12.35% | +2.34% |
Max Drawdown (3Y)Largest decline over 3 years | -26.73% | -23.29% | -3.44% |
Max Drawdown (5Y)Largest decline over 5 years | -31.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.19% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -4.95% | +4.11% |
Average DrawdownAverage peak-to-trough decline | -5.36% | -7.87% | +2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 3.60% | -0.21% |
Volatility
6AQQ.DE vs. WELN.DE - Volatility Comparison
The current volatility for Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) is 4.40%, while Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.DE) has a volatility of 6.50%. This indicates that 6AQQ.DE experiences smaller price fluctuations and is considered to be less risky than WELN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 6AQQ.DE | WELN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 6.50% | -2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 16.38% | -5.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.66% | 19.61% | -3.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.83% | 19.90% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.63% | 19.90% | -0.27% |
6AQQ.DE vs. WELN.DE - Expense Ratio Comparison
6AQQ.DE has a 0.23% expense ratio, which is higher than WELN.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
6AQQ.DE vs. WELN.DE - Dividend Comparison
Neither 6AQQ.DE nor WELN.DE has paid dividends to shareholders.
Frequently Asked Questions
6AQQ.DE and WELN.DE have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELN.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELN.DE is cheaper with a 0.18% expense ratio, compared with 0.23% for 6AQQ.DE.
6AQQ.DE is categorized as Nasdaq-100, while WELN.DE is Energy Equities. 6AQQ.DE tracks Nasdaq 100®, while WELN.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Energy. Their fees differ too: 0.23% for 6AQQ.DE and 0.18% for WELN.DE.
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