ESGU.DE vs. WELE.DE
ESGU.DE (Invesco MSCI USA ESG Universal Screened UCITS ETF Acc) and WELE.DE (Amundi S&P 500 Equal Weight ESG UCITS ETF Acc) are both exchange-traded funds - ESGU.DE is a Large Cap Blend Equities fund tracking the MSCI USA ESG Universal Select Business Screens, while WELE.DE is a ESG fund tracking the S&P 500 Equal Weight ESG Leaders Select Index. Both are passively managed. Over the past 3 years, ESGU.DE returned 19.27%/yr vs 12.68%/yr for WELE.DE. Their correlation of 0.82 suggests significant overlap in exposure. ESGU.DE charges 0.09%/yr vs 0.18%/yr for WELE.DE.
Performance
ESGU.DE vs. WELE.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ESGU.DE having a 13.00% return and WELE.DE slightly lower at 12.37%.
ESGU.DE
- 1D
- -0.66%
- 1M
- 1.71%
- YTD
- 13.00%
- 6M
- 13.38%
- 1Y
- 25.98%
- 3Y*
- 19.27%
- 5Y*
- 13.15%
- 10Y*
- —
WELE.DE
- 1D
- 0.00%
- 1M
- 5.09%
- YTD
- 12.37%
- 6M
- 13.05%
- 1Y
- 22.80%
- 3Y*
- 12.68%
- 5Y*
- —
- 10Y*
- —
ESGU.DE vs. WELE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ESGU.DE Invesco MSCI USA ESG Universal Screened UCITS ETF Acc | 13.00% | 3.01% | 31.66% | 23.96% | 1.95% |
WELE.DE Amundi S&P 500 Equal Weight ESG UCITS ETF Acc | 12.37% | 0.70% | 16.40% | 10.64% | 6.78% |
Correlation
The correlation between ESGU.DE and WELE.DE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022 | 0.82 |
The correlation between ESGU.DE and WELE.DE has been stable across timeframes, ranging from 0.72 to 0.82 - a consistent structural relationship.
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Return for Risk
ESGU.DE vs. WELE.DE — Risk / Return Rank
ESGU.DE
WELE.DE
ESGU.DE vs. WELE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI USA ESG Universal Screened UCITS ETF Acc (ESGU.DE) and Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESGU.DE | WELE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.36 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.21 | 3.65 | -0.44 |
| Martin ratioReturn relative to average drawdown | 11.11 | 12.10 | -1.00 |
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Drawdowns
ESGU.DE vs. WELE.DE - Drawdown Comparison
The maximum ESGU.DE drawdown since its inception was -32.64%, which is greater than WELE.DE's maximum drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for ESGU.DE and WELE.DE.
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Drawdown Indicators
| ESGU.DE | WELE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.64% | -23.73% | -8.91% |
Max Drawdown (1Y)Largest decline over 1 year | -8.05% | -6.28% | -1.77% |
Max Drawdown (3Y)Largest decline over 3 years | -23.69% | -23.73% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -23.69% | — | — |
Current DrawdownCurrent decline from peak | -0.66% | 0.00% | -0.66% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -5.55% | -0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 1.89% | +0.44% |
Volatility
ESGU.DE vs. WELE.DE - Volatility Comparison
Invesco MSCI USA ESG Universal Screened UCITS ETF Acc (ESGU.DE) has a higher volatility of 3.64% compared to Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.DE) at 2.45%. This indicates that ESGU.DE's price experiences larger fluctuations and is considered to be riskier than WELE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGU.DE | WELE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.64% | 2.45% | +1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 8.57% | 7.84% | +0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.31% | 11.50% | +0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 14.39% | +1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.92% | 14.39% | +3.53% |
ESGU.DE vs. WELE.DE - Expense Ratio Comparison
ESGU.DE has a 0.09% expense ratio, which is lower than WELE.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
ESGU.DE vs. WELE.DE - Dividend Comparison
Neither ESGU.DE nor WELE.DE has paid dividends to shareholders.
Frequently Asked Questions
ESGU.DE and WELE.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGU.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGU.DE is cheaper with a 0.09% expense ratio, compared with 0.18% for WELE.DE.
ESGU.DE is categorized as Large Cap Blend Equities, while WELE.DE is ESG. ESGU.DE tracks MSCI USA ESG Universal Select Business Screens, while WELE.DE tracks S&P 500 Equal Weight ESG Leaders Select Index. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.09% for ESGU.DE and 0.18% for WELE.DE.
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