8PSE.DE vs. WDTE.DE
8PSE.DE (Invesco Physical Gold (EUR Hedged) ETC) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - 8PSE.DE is a Gold fund tracking the LBMA Gold Price PM (EUR Hedged), while WDTE.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, 8PSE.DE returned 28.08%/yr vs 25.83%/yr for WDTE.DE. At a correlation of -0.02, they often move in opposite directions. 8PSE.DE charges 0.34%/yr vs 0.18%/yr for WDTE.DE.
Performance
8PSE.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 8PSE.DE achieves a 0.15% return, which is significantly lower than WDTE.DE's 18.32% return.
8PSE.DE
- 1D
- 0.72%
- 1M
- -2.51%
- YTD
- 0.15%
- 6M
- 4.45%
- 1Y
- 28.47%
- 3Y*
- 28.08%
- 5Y*
- 15.46%
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 10.74%
- YTD
- 18.32%
- 6M
- 17.59%
- 1Y
- 35.87%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
8PSE.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
8PSE.DE Invesco Physical Gold (EUR Hedged) ETC | 0.15% | 62.78% | 24.11% | 1.63% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between 8PSE.DE and WDTE.DE is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | -0.02 |
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Return for Risk
8PSE.DE vs. WDTE.DE — Risk / Return Rank
8PSE.DE
WDTE.DE
8PSE.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) and Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.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.
| 8PSE.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.32 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | 2.33 | -1.77 |
| Martin ratioReturn relative to average drawdown | 2.31 | 6.14 | -3.83 |
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
| 8PSE.DE | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | 1.88 | -1.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.44 | -1.28 |
Drawdowns
8PSE.DE vs. WDTE.DE - Drawdown Comparison
The maximum 8PSE.DE drawdown since its inception was -50.81%, which is greater than WDTE.DE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for 8PSE.DE and WDTE.DE.
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Drawdown Indicators
| 8PSE.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.81% | -28.19% | -22.62% |
Max Drawdown (1Y)Largest decline over 1 year | -50.81% | -15.79% | -35.02% |
Max Drawdown (3Y)Largest decline over 3 years | -50.81% | -28.19% | -22.62% |
Max Drawdown (5Y)Largest decline over 5 years | -50.81% | — | — |
Current DrawdownCurrent decline from peak | -16.31% | -3.63% | -12.68% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -4.97% | -5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.27% | 5.99% | +6.28% |
Volatility
8PSE.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco Physical Gold (EUR Hedged) ETC (8PSE.DE) is 5.95%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 8.26%. This indicates that 8PSE.DE experiences smaller price fluctuations and is considered to be less risky than WDTE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 8PSE.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.95% | 8.26% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 71.01% | 15.09% | +55.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 181.73% | 19.51% | +162.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.63% | 21.74% | +65.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.06% | 21.74% | +59.32% |
8PSE.DE vs. WDTE.DE - Expense Ratio Comparison
8PSE.DE has a 0.34% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio.
Dividends
8PSE.DE vs. WDTE.DE - Dividend Comparison
Neither 8PSE.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
8PSE.DE and WDTE.DE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.34% for 8PSE.DE.
8PSE.DE is categorized as Gold, while WDTE.DE is Technology Equities. 8PSE.DE tracks LBMA Gold Price PM (EUR Hedged), while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.34% for 8PSE.DE and 0.18% for WDTE.DE.
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