DAVV.DE vs. WELI.DE
DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) and WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) are both exchange-traded funds - DAVV.DE is a Technology Equities fund tracking the MVIS Global Digital Assets Equity, while WELI.DE is a Industrials Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. Both are passively managed. Over the past 3 years, DAVV.DE returned 52.28%/yr vs 13.20%/yr for WELI.DE. At a 0.36 correlation, their price movements are largely independent. DAVV.DE charges 0.65%/yr vs 0.18%/yr for WELI.DE.
Performance
DAVV.DE vs. WELI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DAVV.DE achieves a 27.16% return, which is significantly higher than WELI.DE's 16.84% return.
DAVV.DE
- 1D
- -3.80%
- 1M
- -0.05%
- YTD
- 27.16%
- 6M
- 13.79%
- 1Y
- 43.77%
- 3Y*
- 52.28%
- 5Y*
- -1.30%
- 10Y*
- —
WELI.DE
- 1D
- -0.41%
- 1M
- 2.27%
- YTD
- 16.84%
- 6M
- 21.11%
- 1Y
- 32.05%
- 3Y*
- 13.20%
- 5Y*
- —
- 10Y*
- —
DAVV.DE vs. WELI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF | 27.16% | -0.68% | 37.42% | 337.08% | -50.41% |
WELI.DE Amundi S&P Global Materials ESG UCITS ETF EUR Acc | 16.84% | 14.91% | -0.52% | 10.29% | 9.11% |
Correlation
The correlation between DAVV.DE and WELI.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.36 |
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Return for Risk
DAVV.DE vs. WELI.DE — Risk / Return Rank
DAVV.DE
WELI.DE
DAVV.DE vs. WELI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) and Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.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.
| DAVV.DE | WELI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.31 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 2.21 | -1.18 |
| Martin ratioReturn relative to average drawdown | 1.90 | 8.95 | -7.05 |
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
| DAVV.DE | WELI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 1.78 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.86 | -0.91 |
Drawdowns
DAVV.DE vs. WELI.DE - Drawdown Comparison
The maximum DAVV.DE drawdown since its inception was -91.53%, which is greater than WELI.DE's maximum drawdown of -21.14%. Use the drawdown chart below to compare losses from any high point for DAVV.DE and WELI.DE.
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Drawdown Indicators
| DAVV.DE | WELI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.53% | -21.14% | -70.39% |
Max Drawdown (1Y)Largest decline over 1 year | -45.68% | -14.69% | -30.99% |
Max Drawdown (3Y)Largest decline over 3 years | -60.00% | -21.14% | -38.86% |
Max Drawdown (5Y)Largest decline over 5 years | -91.53% | — | — |
Current DrawdownCurrent decline from peak | -34.58% | -1.73% | -32.85% |
Average DrawdownAverage peak-to-trough decline | -57.66% | -4.51% | -53.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.79% | 3.63% | +21.16% |
Volatility
DAVV.DE vs. WELI.DE - Volatility Comparison
VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a higher volatility of 14.56% compared to Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) at 6.48%. This indicates that DAVV.DE's price experiences larger fluctuations and is considered to be riskier than WELI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAVV.DE | WELI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.56% | 6.48% | +8.08% |
Volatility (6M)Calculated over the trailing 6-month period | 40.57% | 15.53% | +25.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.12% | 18.23% | +39.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.78% | 16.10% | +54.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.57% | 16.10% | +54.47% |
DAVV.DE vs. WELI.DE - Expense Ratio Comparison
DAVV.DE has a 0.65% expense ratio, which is higher than WELI.DE's 0.18% expense ratio.
Dividends
DAVV.DE vs. WELI.DE - Dividend Comparison
Neither DAVV.DE nor WELI.DE has paid dividends to shareholders.
Frequently Asked Questions
DAVV.DE and WELI.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELI.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELI.DE is cheaper with a 0.18% expense ratio, compared with 0.65% for DAVV.DE.
DAVV.DE is categorized as Technology Equities, while WELI.DE is Industrials Equities. DAVV.DE tracks MVIS Global Digital Assets Equity, while WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. They also come from different issuers: VanEck and Amundi. Their fees differ too: 0.65% for DAVV.DE and 0.18% for WELI.DE.
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