FAHY.DE vs. WDTE.DE
FAHY.DE (Invesco US High Yield Fallen Angels UCITS ETF Dist) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - FAHY.DE is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD, 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, FAHY.DE returned 4.93%/yr vs 25.83%/yr for WDTE.DE. At a 0.31 correlation, their price movements are largely independent. FAHY.DE charges 0.45%/yr vs 0.18%/yr for WDTE.DE.
Performance
FAHY.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FAHY.DE achieves a 1.84% return, which is significantly lower than WDTE.DE's 18.32% return.
FAHY.DE
- 1D
- -0.16%
- 1M
- 1.51%
- YTD
- 1.84%
- 6M
- 0.61%
- 1Y
- 5.71%
- 3Y*
- 4.93%
- 5Y*
- 3.51%
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 10.74%
- YTD
- 18.32%
- 6M
- 17.59%
- 1Y
- 35.87%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
FAHY.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FAHY.DE Invesco US High Yield Fallen Angels UCITS ETF Dist | 1.84% | -2.35% | 10.86% | 6.01% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between FAHY.DE and WDTE.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.31 |
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Return for Risk
FAHY.DE vs. WDTE.DE — Risk / Return Rank
FAHY.DE
WDTE.DE
FAHY.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.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.
| FAHY.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.32 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 2.33 | -0.57 |
| Martin ratioReturn relative to average drawdown | 4.39 | 6.14 | -1.75 |
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
| FAHY.DE | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.88 | -0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 1.44 | -1.07 |
Drawdowns
FAHY.DE vs. WDTE.DE - Drawdown Comparison
The maximum FAHY.DE drawdown since its inception was -28.23%, roughly equal to the maximum WDTE.DE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for FAHY.DE and WDTE.DE.
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Drawdown Indicators
| FAHY.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.23% | -28.19% | -0.04% |
Max Drawdown (1Y)Largest decline over 1 year | -3.28% | -15.79% | +12.51% |
Max Drawdown (3Y)Largest decline over 3 years | -12.29% | -28.19% | +15.90% |
Max Drawdown (5Y)Largest decline over 5 years | -12.29% | — | — |
Current DrawdownCurrent decline from peak | -3.38% | -3.63% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -4.48% | -4.97% | +0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 5.99% | -4.67% |
Volatility
FAHY.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.DE) is 1.87%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 8.26%. This indicates that FAHY.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
| FAHY.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.87% | 8.26% | -6.39% |
Volatility (6M)Calculated over the trailing 6-month period | 4.40% | 15.09% | -10.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.29% | 19.51% | -13.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.44% | 21.74% | -13.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.67% | 21.74% | -12.07% |
FAHY.DE vs. WDTE.DE - Expense Ratio Comparison
FAHY.DE has a 0.45% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio.
Dividends
FAHY.DE vs. WDTE.DE - Dividend Comparison
FAHY.DE's dividend yield for the trailing twelve months is around 6.57%, while WDTE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FAHY.DE Invesco US High Yield Fallen Angels UCITS ETF Dist | 6.57% | 6.75% | 6.86% | 6.89% | 5.82% | 4.47% | 6.24% | 6.07% | 6.09% | 5.71% | 1.23% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FAHY.DE and WDTE.DE have a correlation of 0.31, 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 0.45% for FAHY.DE.
FAHY.DE is categorized as High Yield Bonds, while WDTE.DE is Technology Equities. FAHY.DE tracks Bloomberg US Corporate High Yield TR USD, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.45% for FAHY.DE and 0.18% for WDTE.DE.
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