AKWA.DE vs. E61Z.DE
AKWA.DE (Global X Clean Water UCITS ETF) and E61Z.DE (Global X E-commerce UCITS ETF USD Accumulating) are both exchange-traded funds - AKWA.DE is a Water Equities fund tracking the Solactive Global Clean Water Industry, while E61Z.DE is a Consumer Staples Equities fund tracking the Solactive E-commerce. Both are passively managed. Over the past 3 years, AKWA.DE returned 7.49%/yr vs 14.61%/yr for E61Z.DE. A 0.51 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
AKWA.DE vs. E61Z.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AKWA.DE achieves a -0.44% return, which is significantly higher than E61Z.DE's -14.62% return.
AKWA.DE
- 1D
- -0.50%
- 1M
- -2.56%
- YTD
- -0.44%
- 6M
- -2.47%
- 1Y
- -0.28%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
E61Z.DE
- 1D
- 1.36%
- 1M
- -0.83%
- YTD
- -14.62%
- 6M
- -14.70%
- 1Y
- -10.48%
- 3Y*
- 14.61%
- 5Y*
- —
- 10Y*
- —
AKWA.DE vs. E61Z.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -15.13% | -0.34% |
E61Z.DE Global X E-commerce UCITS ETF USD Accumulating | -14.62% | 7.18% | 37.44% | 27.85% | -36.99% | -5.56% |
Correlation
The correlation between AKWA.DE and E61Z.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021 | 0.51 |
The correlation between AKWA.DE and E61Z.DE has been stable across timeframes, ranging from 0.42 to 0.51 - a consistent structural relationship.
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Return for Risk
AKWA.DE vs. E61Z.DE — Risk / Return Rank
AKWA.DE
E61Z.DE
AKWA.DE vs. E61Z.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water UCITS ETF (AKWA.DE) and Global X E-commerce UCITS ETF USD Accumulating (E61Z.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.
| AKWA.DE | E61Z.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.93 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | -0.38 | +0.34 |
| Martin ratioReturn relative to average drawdown | -0.11 | -0.76 | +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
| AKWA.DE | E61Z.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | -0.50 | +0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | -0.11 | +0.31 |
Drawdowns
AKWA.DE vs. E61Z.DE - Drawdown Comparison
The maximum AKWA.DE drawdown since its inception was -23.07%, smaller than the maximum E61Z.DE drawdown of -49.16%. Use the drawdown chart below to compare losses from any high point for AKWA.DE and E61Z.DE.
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Drawdown Indicators
| AKWA.DE | E61Z.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.07% | -49.16% | +26.09% |
Max Drawdown (1Y)Largest decline over 1 year | -9.90% | -25.19% | +15.29% |
Max Drawdown (3Y)Largest decline over 3 years | -19.99% | -30.13% | +10.14% |
Current DrawdownCurrent decline from peak | -8.54% | -21.27% | +12.73% |
Average DrawdownAverage peak-to-trough decline | -7.60% | -25.70% | +18.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 12.75% | -8.63% |
Volatility
AKWA.DE vs. E61Z.DE - Volatility Comparison
The current volatility for Global X Clean Water UCITS ETF (AKWA.DE) is 3.85%, while Global X E-commerce UCITS ETF USD Accumulating (E61Z.DE) has a volatility of 4.55%. This indicates that AKWA.DE experiences smaller price fluctuations and is considered to be less risky than E61Z.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AKWA.DE | E61Z.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 4.55% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 10.07% | 14.51% | -4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.59% | 19.25% | -5.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.02% | 27.20% | -11.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.02% | 27.20% | -11.18% |
AKWA.DE vs. E61Z.DE - Expense Ratio Comparison
Both AKWA.DE and E61Z.DE have an expense ratio of 0.50%.
Dividends
AKWA.DE vs. E61Z.DE - Dividend Comparison
Neither AKWA.DE nor E61Z.DE has paid dividends to shareholders.
Frequently Asked Questions
AKWA.DE and E61Z.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AKWA.DE and E61Z.DE have the same expense ratio: 0.50% per year.
AKWA.DE is categorized as Water Equities, while E61Z.DE is Consumer Staples Equities. AKWA.DE tracks Solactive Global Clean Water Industry, while E61Z.DE tracks Solactive E-commerce.
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