AMEE.DE vs. WELN.DE
AMEE.DE (Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc) and WELN.DE (Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc) are both Energy Equities funds from Amundi - AMEE.DE tracks the Bloomberg Hydrogen ESG while WELN.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Energy. Both are passively managed. Over the past 3 years, AMEE.DE returned 32.97%/yr vs 14.42%/yr for WELN.DE. At a 0.46 correlation, their price movements are largely independent. AMEE.DE charges 0.45%/yr vs 0.18%/yr for WELN.DE.
Performance
AMEE.DE vs. WELN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMEE.DE achieves a 27.83% return, which is significantly lower than WELN.DE's 33.78% return.
AMEE.DE
- 1D
- -0.87%
- 1M
- -2.39%
- YTD
- 27.83%
- 6M
- 26.99%
- 1Y
- 61.42%
- 3Y*
- 32.97%
- 5Y*
- 28.59%
- 10Y*
- 15.13%
WELN.DE
- 1D
- -0.46%
- 1M
- -1.01%
- YTD
- 33.78%
- 6M
- 30.28%
- 1Y
- 42.71%
- 3Y*
- 14.42%
- 5Y*
- —
- 10Y*
- —
AMEE.DE vs. WELN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMEE.DE Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc | 27.83% | 37.58% | 15.56% | 12.19% | 7.09% |
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 AMEE.DE and WELN.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.46 |
Over the past year, the correlation between AMEE.DE and WELN.DE has dropped to 0.11 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMEE.DE vs. WELN.DE — Risk / Return Rank
AMEE.DE
WELN.DE
AMEE.DE vs. WELN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.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.
| AMEE.DE | WELN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.37 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 7.71 | 3.44 | +4.27 |
| Martin ratioReturn relative to average drawdown | 23.88 | 11.82 | +12.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AMEE.DE | WELN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.24 | 2.17 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.27 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.60 | -0.20 |
Drawdowns
AMEE.DE vs. WELN.DE - Drawdown Comparison
The maximum AMEE.DE drawdown since its inception was -59.14%, 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 AMEE.DE and WELN.DE.
Loading charts...
Drawdown Indicators
| AMEE.DE | WELN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.14% | -23.29% | -35.85% |
Max Drawdown (1Y)Largest decline over 1 year | -7.92% | -12.35% | +4.43% |
Max Drawdown (3Y)Largest decline over 3 years | -15.74% | -23.29% | +7.55% |
Max Drawdown (5Y)Largest decline over 5 years | -19.23% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -59.14% | — | — |
Current DrawdownCurrent decline from peak | -3.54% | -4.95% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -10.65% | -7.87% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 3.60% | -1.04% |
Volatility
AMEE.DE vs. WELN.DE - Volatility Comparison
Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) has a higher volatility of 7.10% compared to Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.DE) at 6.50%. This indicates that AMEE.DE's price experiences larger fluctuations and is considered to be riskier than WELN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMEE.DE | WELN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 6.50% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 14.18% | 16.38% | -2.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.89% | 19.61% | -0.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.25% | 19.90% | +2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.74% | 19.90% | +5.84% |
AMEE.DE vs. WELN.DE - Expense Ratio Comparison
AMEE.DE has a 0.45% expense ratio, which is higher than WELN.DE's 0.18% expense ratio.
Dividends
AMEE.DE vs. WELN.DE - Dividend Comparison
Neither AMEE.DE nor WELN.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEE.DE and WELN.DE have a correlation of 0.11, 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 0.45% for AMEE.DE.
AMEE.DE tracks Bloomberg Hydrogen ESG, while WELN.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Energy. Their fees differ too: 0.45% for AMEE.DE and 0.18% for WELN.DE.
Find the right allocation for AMEE.DE and WELN.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer