DEAM.DE vs. WDTE.DE
DEAM.DE (Invesco MDAX UCITS ETF A) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - DEAM.DE is a Europe Equities fund tracking the MDAX®, 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, DEAM.DE returned 6.11%/yr vs 25.83%/yr for WDTE.DE. At a 0.42 correlation, their price movements are largely independent. DEAM.DE charges 0.19%/yr vs 0.18%/yr for WDTE.DE.
Performance
DEAM.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DEAM.DE achieves a 6.73% return, which is significantly lower than WDTE.DE's 18.32% return.
DEAM.DE
- 1D
- 0.22%
- 1M
- 5.09%
- YTD
- 6.73%
- 6M
- 10.46%
- 1Y
- 5.21%
- 3Y*
- 6.11%
- 5Y*
- -0.95%
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
DEAM.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DEAM.DE Invesco MDAX UCITS ETF A | 6.73% | 19.33% | -6.03% | -3.07% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between DEAM.DE and WDTE.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.42 |
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Return for Risk
DEAM.DE vs. WDTE.DE — Risk / Return Rank
DEAM.DE
WDTE.DE
DEAM.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MDAX UCITS ETF A (DEAM.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.
| DEAM.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.60 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.32 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 2.33 | -1.97 |
| Martin ratioReturn relative to average drawdown | 0.98 | 6.14 | -5.16 |
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
| DEAM.DE | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | 1.88 | -1.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 1.44 | -1.26 |
Drawdowns
DEAM.DE vs. WDTE.DE - Drawdown Comparison
The maximum DEAM.DE drawdown since its inception was -40.04%, 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 DEAM.DE and WDTE.DE.
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Drawdown Indicators
| DEAM.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.04% | -28.19% | -11.85% |
Max Drawdown (1Y)Largest decline over 1 year | -14.47% | -15.79% | +1.32% |
Max Drawdown (3Y)Largest decline over 3 years | -18.48% | -28.19% | +9.71% |
Max Drawdown (5Y)Largest decline over 5 years | -40.04% | — | — |
Current DrawdownCurrent decline from peak | -11.42% | -3.63% | -7.79% |
Average DrawdownAverage peak-to-trough decline | -16.30% | -4.97% | -11.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 5.99% | -0.73% |
Volatility
DEAM.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco MDAX UCITS ETF A (DEAM.DE) is 5.08%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 8.26%. This indicates that DEAM.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
| DEAM.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 8.26% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 15.33% | 15.09% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.59% | 19.51% | -0.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.26% | 21.74% | -2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.61% | 21.74% | -2.13% |
DEAM.DE vs. WDTE.DE - Expense Ratio Comparison
DEAM.DE has a 0.19% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DEAM.DE vs. WDTE.DE - Dividend Comparison
Neither DEAM.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
DEAM.DE and WDTE.DE have a correlation of 0.48, 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 0.19% for DEAM.DE.
DEAM.DE is categorized as Europe Equities, while WDTE.DE is Technology Equities. DEAM.DE tracks MDAX®, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.19% for DEAM.DE and 0.18% for WDTE.DE.
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