E61Z.DE vs. AKWA.DE
E61Z.DE (Global X E-commerce UCITS ETF USD Accumulating) and AKWA.DE (Global X Clean Water UCITS ETF) are both exchange-traded funds - E61Z.DE is a Consumer Staples Equities fund tracking the Solactive E-commerce, while AKWA.DE is a Water Equities fund tracking the Solactive Global Clean Water Industry. Both are passively managed. Over the past 3 years, E61Z.DE returned 14.61%/yr vs 7.49%/yr for AKWA.DE. A 0.51 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
E61Z.DE vs. AKWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, E61Z.DE achieves a -14.62% return, which is significantly lower than AKWA.DE's -0.44% return.
E61Z.DE
- 1D
- 1.36%
- 1M
- 0.05%
- YTD
- -14.62%
- 6M
- -13.76%
- 1Y
- -9.72%
- 3Y*
- 14.61%
- 5Y*
- —
- 10Y*
- —
AKWA.DE
- 1D
- -0.50%
- 1M
- -2.56%
- YTD
- -0.44%
- 6M
- -2.47%
- 1Y
- -0.28%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
E61Z.DE vs. AKWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
E61Z.DE Global X E-commerce UCITS ETF USD Accumulating | -14.62% | 7.18% | 37.44% | 27.85% | -36.99% | -5.56% |
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -15.13% | -0.34% |
Correlation
The correlation between E61Z.DE and AKWA.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 E61Z.DE and AKWA.DE has been stable across timeframes, ranging from 0.42 to 0.51 - a consistent structural relationship.
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Return for Risk
E61Z.DE vs. AKWA.DE — Risk / Return Rank
E61Z.DE
AKWA.DE
E61Z.DE vs. AKWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X E-commerce UCITS ETF USD Accumulating (E61Z.DE) and Global X Clean Water UCITS ETF (AKWA.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.
| E61Z.DE | AKWA.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 | 0.93 | 1.01 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | -0.05 | -0.34 |
| Martin ratioReturn relative to average drawdown | -0.76 | -0.11 | -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
| E61Z.DE | AKWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | -0.03 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.11 | 0.20 | -0.31 |
Drawdowns
E61Z.DE vs. AKWA.DE - Drawdown Comparison
The maximum E61Z.DE drawdown since its inception was -49.16%, which is greater than AKWA.DE's maximum drawdown of -23.07%. Use the drawdown chart below to compare losses from any high point for E61Z.DE and AKWA.DE.
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Drawdown Indicators
| E61Z.DE | AKWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.16% | -23.07% | -26.09% |
Max Drawdown (1Y)Largest decline over 1 year | -25.19% | -9.90% | -15.29% |
Max Drawdown (3Y)Largest decline over 3 years | -30.13% | -19.99% | -10.14% |
Current DrawdownCurrent decline from peak | -21.27% | -8.54% | -12.73% |
Average DrawdownAverage peak-to-trough decline | -25.70% | -7.60% | -18.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.75% | 4.12% | +8.63% |
Volatility
E61Z.DE vs. AKWA.DE - Volatility Comparison
Global X E-commerce UCITS ETF USD Accumulating (E61Z.DE) has a higher volatility of 4.55% compared to Global X Clean Water UCITS ETF (AKWA.DE) at 3.85%. This indicates that E61Z.DE's price experiences larger fluctuations and is considered to be riskier than AKWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| E61Z.DE | AKWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.55% | 3.85% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 14.51% | 10.07% | +4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.25% | 13.59% | +5.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.20% | 16.02% | +11.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.20% | 16.02% | +11.18% |
E61Z.DE vs. AKWA.DE - Expense Ratio Comparison
Both E61Z.DE and AKWA.DE have an expense ratio of 0.50%.
Dividends
E61Z.DE vs. AKWA.DE - Dividend Comparison
Neither E61Z.DE nor AKWA.DE has paid dividends to shareholders.
Frequently Asked Questions
E61Z.DE and AKWA.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.
E61Z.DE and AKWA.DE have the same expense ratio: 0.50% per year.
E61Z.DE is categorized as Consumer Staples Equities, while AKWA.DE is Water Equities. E61Z.DE tracks Solactive E-commerce, while AKWA.DE tracks Solactive Global Clean Water Industry.
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