ESIE.DE vs. WELN.DE
ESIE.DE (iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc)) and WELN.DE (Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc) are both Energy Equities funds - ESIE.DE tracks the MSCI World/Energy NR USD while WELN.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Energy. Both are passively managed. Over the past 3 years, ESIE.DE returned 17.75%/yr vs 14.42%/yr for WELN.DE. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.18% expense ratio.
Performance
ESIE.DE vs. WELN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESIE.DE achieves a 35.70% return, which is significantly higher than WELN.DE's 33.78% return.
ESIE.DE
- 1D
- -1.24%
- 1M
- -2.61%
- YTD
- 35.70%
- 6M
- 31.40%
- 1Y
- 55.16%
- 3Y*
- 17.75%
- 5Y*
- 19.66%
- 10Y*
- —
WELN.DE
- 1D
- -0.46%
- 1M
- -1.01%
- YTD
- 33.78%
- 6M
- 30.28%
- 1Y
- 42.71%
- 3Y*
- 14.42%
- 5Y*
- —
- 10Y*
- —
ESIE.DE vs. WELN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ESIE.DE iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) | 35.70% | 15.26% | -6.63% | 8.58% | 7.09% |
WELN.DE Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc | 33.78% | -1.37% | 8.67% | -0.46% | 6.24% |
Correlation
The correlation between ESIE.DE and WELN.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.82 |
The correlation between ESIE.DE and WELN.DE has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ESIE.DE vs. WELN.DE — Risk / Return Rank
ESIE.DE
WELN.DE
ESIE.DE vs. WELN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.DE) and Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.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.
| ESIE.DE | WELN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | 3.44 | +1.01 |
| Martin ratioReturn relative to average drawdown | 14.31 | 11.82 | +2.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ESIE.DE | WELN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.17 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.60 | +0.32 |
Drawdowns
ESIE.DE vs. WELN.DE - Drawdown Comparison
The maximum ESIE.DE drawdown since its inception was -26.20%, which is greater than WELN.DE's maximum drawdown of -23.29%. Use the drawdown chart below to compare losses from any high point for ESIE.DE and WELN.DE.
Loading charts...
Drawdown Indicators
| ESIE.DE | WELN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.20% | -23.29% | -2.91% |
Max Drawdown (1Y)Largest decline over 1 year | -12.33% | -12.35% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -26.20% | -23.29% | -2.91% |
Max Drawdown (5Y)Largest decline over 5 years | -26.20% | — | — |
Current DrawdownCurrent decline from peak | -6.72% | -4.95% | -1.77% |
Average DrawdownAverage peak-to-trough decline | -6.68% | -7.87% | +1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 3.60% | +0.24% |
Volatility
ESIE.DE vs. WELN.DE - Volatility Comparison
iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.DE) has a higher volatility of 7.06% compared to Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.DE) at 6.50%. This indicates that ESIE.DE's price experiences larger fluctuations and is considered to be riskier than WELN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ESIE.DE | WELN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.06% | 6.50% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 19.84% | 16.38% | +3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.89% | 19.61% | +3.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.75% | 19.90% | +3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.16% | 19.90% | +4.26% |
ESIE.DE vs. WELN.DE - Expense Ratio Comparison
Both ESIE.DE and WELN.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ESIE.DE vs. WELN.DE - Dividend Comparison
Neither ESIE.DE nor WELN.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIE.DE and WELN.DE have a correlation of 0.77, 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 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESIE.DE and WELN.DE have the same expense ratio: 0.18% per year.
ESIE.DE tracks MSCI World/Energy NR USD, while WELN.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Energy. They also come from different issuers: iShares and Amundi.
Find the right allocation for ESIE.DE and WELN.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer