FBTU.L vs. WELP.DE
FBTU.L (First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating) and WELP.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Health & Biotech Equities funds. Over the past 3 years, FBTU.L returned 17.77%/yr vs 13.25%/yr for WELP.DE. At a 0.14 correlation, their price movements are largely independent. FBTU.L charges 0.60%/yr vs 0.59%/yr for WELP.DE.
Performance
FBTU.L vs. WELP.DE - Performance Comparison
Loading charts...
Different Trading Currencies
FBTU.L is traded in USD, while WELP.DE is traded in EUR. To make them comparable, the WELP.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FBTU.L achieves a 18.71% return, which is significantly lower than WELP.DE's 21.64% return.
FBTU.L
- 1D
- 0.93%
- 1M
- 12.11%
- YTD
- 18.71%
- 6M
- 18.02%
- 1Y
- 54.07%
- 3Y*
- 17.77%
- 5Y*
- 7.65%
- 10Y*
- —
WELP.DE
- 1D
- 0.00%
- 1M
- -4.86%
- YTD
- 21.64%
- 6M
- 21.64%
- 1Y
- 29.16%
- 3Y*
- 13.25%
- 5Y*
- —
- 10Y*
- —
FBTU.L vs. WELP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FBTU.L First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating | 18.71% | 25.97% | 4.73% | 3.91% | 10.78% |
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 21.64% | 11.16% | 1.73% | 3.42% | 13.06% |
Correlation
The correlation between FBTU.L and WELP.DE is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022 | 0.14 |
The correlation between FBTU.L and WELP.DE shifts across timeframes, from -0.11 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
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
FBTU.L vs. WELP.DE — Risk / Return Rank
FBTU.L
WELP.DE
FBTU.L vs. WELP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.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.
| FBTU.L | WELP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.26 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.76 | 2.45 | +1.32 |
| Martin ratioReturn relative to average drawdown | 10.25 | 7.83 | +2.42 |
Loading charts...
Drawdowns
FBTU.L vs. WELP.DE - Drawdown Comparison
The maximum FBTU.L drawdown since its inception was -33.73%, which is greater than WELP.DE's maximum drawdown of -19.20%. Use the drawdown chart below to compare losses from any high point for FBTU.L and WELP.DE.
Loading charts...
Drawdown Indicators
| FBTU.L | WELP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.73% | -19.20% | -14.53% |
Max Drawdown (1Y)Largest decline over 1 year | -14.30% | -11.87% | -2.43% |
Max Drawdown (3Y)Largest decline over 3 years | -22.47% | -19.20% | -3.27% |
Max Drawdown (5Y)Largest decline over 5 years | -29.97% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -11.54% | +11.54% |
Average DrawdownAverage peak-to-trough decline | -12.85% | -4.25% | -8.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 3.71% | +1.55% |
Volatility
FBTU.L vs. WELP.DE - Volatility Comparison
First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) has a higher volatility of 7.73% compared to HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) at 6.44%. This indicates that FBTU.L's price experiences larger fluctuations and is considered to be riskier than WELP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FBTU.L | WELP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.73% | 6.44% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 16.99% | 16.83% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.73% | 19.30% | +2.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.00% | 20.62% | +0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.33% | 20.62% | +0.71% |
FBTU.L vs. WELP.DE - Expense Ratio Comparison
FBTU.L has a 0.60% expense ratio, which is higher than WELP.DE's 0.59% expense ratio.
Dividends
FBTU.L vs. WELP.DE - Dividend Comparison
FBTU.L has not paid dividends to shareholders, while WELP.DE's dividend yield for the trailing twelve months is around 3.05%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
FBTU.L First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% |
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 3.05% | 3.78% | 3.64% | 0.79% |
Frequently Asked Questions
FBTU.L and WELP.DE have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELP.DE is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELP.DE is cheaper with a 0.59% expense ratio, compared with 0.60% for FBTU.L.
They also come from different issuers: First Trust and Amundi. Their fees differ too: 0.60% for FBTU.L and 0.59% for WELP.DE.
Find the right allocation for FBTU.L and WELP.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