AMEE.DE vs. WELP.DE
AMEE.DE (Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc) and WELP.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Energy Equities funds from Amundi - AMEE.DE tracks the Bloomberg Hydrogen ESG while WELP.DE tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, AMEE.DE returned 32.97%/yr vs 14.42%/yr for WELP.DE. At a 0.47 correlation, their price movements are largely independent. AMEE.DE charges 0.45%/yr vs 0.59%/yr for WELP.DE.
Performance
AMEE.DE vs. WELP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMEE.DE achieves a 27.83% return, which is significantly lower than WELP.DE's 34.22% 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%
WELP.DE
- 1D
- -0.43%
- 1M
- -0.84%
- YTD
- 34.22%
- 6M
- 30.47%
- 1Y
- 42.64%
- 3Y*
- 14.42%
- 5Y*
- —
- 10Y*
- —
AMEE.DE vs. WELP.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% |
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 34.22% | -1.54% | 7.90% | 0.25% | 6.11% |
Correlation
The correlation between AMEE.DE and WELP.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.47 |
Over the past year, the correlation between AMEE.DE and WELP.DE has dropped to 0.13 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
AMEE.DE vs. WELP.DE — Risk / Return Rank
AMEE.DE
WELP.DE
AMEE.DE vs. WELP.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 HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.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 | WELP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.38 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 7.71 | 3.47 | +4.24 |
| Martin ratioReturn relative to average drawdown | 23.88 | 11.93 | +11.94 |
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
| AMEE.DE | WELP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.24 | 2.21 | +1.03 |
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 | 0.61 | -0.21 |
Drawdowns
AMEE.DE vs. WELP.DE - Drawdown Comparison
The maximum AMEE.DE drawdown since its inception was -59.14%, which is greater than WELP.DE's maximum drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for AMEE.DE and WELP.DE.
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Drawdown Indicators
| AMEE.DE | WELP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.14% | -23.55% | -35.59% |
Max Drawdown (1Y)Largest decline over 1 year | -7.92% | -12.22% | +4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -15.74% | -23.55% | +7.81% |
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% | -4.77% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -10.65% | -7.88% | -2.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 3.56% | -1.00% |
Volatility
AMEE.DE vs. WELP.DE - Volatility Comparison
Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) has a higher volatility of 7.10% compared to HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) at 6.37%. This indicates that AMEE.DE's price experiences larger fluctuations and is considered to be riskier than WELP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMEE.DE | WELP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 6.37% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 14.18% | 16.27% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.89% | 19.25% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.25% | 19.61% | +2.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.74% | 19.61% | +6.13% |
AMEE.DE vs. WELP.DE - Expense Ratio Comparison
AMEE.DE has a 0.45% expense ratio, which is lower than WELP.DE's 0.59% expense ratio.
Dividends
AMEE.DE vs. WELP.DE - Dividend Comparison
AMEE.DE has not paid dividends to shareholders, while WELP.DE's dividend yield for the trailing twelve months is around 2.85%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AMEE.DE Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% |
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 2.85% | 3.78% | 3.64% | 0.79% |
Frequently Asked Questions
AMEE.DE and WELP.DE have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AMEE.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AMEE.DE is cheaper with a 0.45% expense ratio, compared with 0.59% for WELP.DE.
AMEE.DE tracks Bloomberg Hydrogen ESG, while WELP.DE tracks MSCI World/Energy NR USD. Their fees differ too: 0.45% for AMEE.DE and 0.59% for WELP.DE.
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