EIB3.DE vs. WDTE.DE
EIB3.DE (Invesco Euro Government Bond 1-3 Year UCITS ETF Dist) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - EIB3.DE is a European Government Bonds fund tracking the Bloomberg Euro Government Select 1-3, 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, EIB3.DE returned 2.63%/yr vs 25.83%/yr for WDTE.DE. At a correlation of -0.01, they often move in opposite directions. EIB3.DE charges 0.10%/yr vs 0.18%/yr for WDTE.DE.
Performance
EIB3.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EIB3.DE achieves a 0.19% return, which is significantly lower than WDTE.DE's 18.32% return.
EIB3.DE
- 1D
- 0.93%
- 1M
- 0.27%
- YTD
- 0.19%
- 6M
- 0.55%
- 1Y
- 0.81%
- 3Y*
- 2.63%
- 5Y*
- 0.63%
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
EIB3.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 0.19% | 2.14% | 3.03% | 2.87% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between EIB3.DE and WDTE.DE is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | -0.01 |
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Return for Risk
EIB3.DE vs. WDTE.DE — Risk / Return Rank
EIB3.DE
WDTE.DE
EIB3.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.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.
| EIB3.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.32 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 2.33 | -1.82 |
| Martin ratioReturn relative to average drawdown | 1.50 | 6.14 | -4.64 |
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
| EIB3.DE | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 1.88 | -1.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 1.44 | -1.27 |
Drawdowns
EIB3.DE vs. WDTE.DE - Drawdown Comparison
The maximum EIB3.DE drawdown since its inception was -6.78%, smaller than the maximum WDTE.DE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for EIB3.DE and WDTE.DE.
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Drawdown Indicators
| EIB3.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.78% | -28.19% | +21.41% |
Max Drawdown (1Y)Largest decline over 1 year | -1.60% | -15.79% | +14.19% |
Max Drawdown (3Y)Largest decline over 3 years | -1.60% | -28.19% | +26.59% |
Max Drawdown (5Y)Largest decline over 5 years | -5.91% | — | — |
Current DrawdownCurrent decline from peak | -0.68% | -3.63% | +2.95% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -4.97% | +2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 5.99% | -5.45% |
Volatility
EIB3.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.DE) is 1.50%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 8.26%. This indicates that EIB3.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
| EIB3.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | 8.26% | -6.76% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 15.09% | -12.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.11% | 19.51% | -16.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.11% | 21.74% | -19.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.89% | 21.74% | -19.85% |
EIB3.DE vs. WDTE.DE - Expense Ratio Comparison
EIB3.DE has a 0.10% expense ratio, which is lower than WDTE.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EIB3.DE vs. WDTE.DE - Dividend Comparison
EIB3.DE's dividend yield for the trailing twelve months is around 2.41%, while WDTE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 2.41% | 2.51% | 2.80% | 2.24% | 0.23% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EIB3.DE and WDTE.DE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EIB3.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EIB3.DE is cheaper with a 0.10% expense ratio, compared with 0.18% for WDTE.DE.
EIB3.DE is categorized as European Government Bonds, while WDTE.DE is Technology Equities. EIB3.DE tracks Bloomberg Euro Government Select 1-3, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.10% for EIB3.DE and 0.18% for WDTE.DE.
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