FWEA.DE vs. WDTE.DE
FWEA.DE (Invesco FTSE All-World UCITS ETF) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - FWEA.DE is a Global Equities fund tracking the FTSE All-World Index, 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 year, FWEA.DE returned 25.98% vs 35.87% for WDTE.DE. A 0.70 correlation means they provide meaningful diversification when combined. FWEA.DE charges 0.20%/yr vs 0.18%/yr for WDTE.DE.
Performance
FWEA.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FWEA.DE achieves a 10.64% return, which is significantly lower than WDTE.DE's 18.32% return.
FWEA.DE
- 1D
- -0.24%
- 1M
- 2.84%
- YTD
- 10.64%
- 6M
- 11.58%
- 1Y
- 25.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 10.74%
- YTD
- 18.32%
- 6M
- 17.59%
- 1Y
- 35.87%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
FWEA.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 12.65% |
Correlation
The correlation between FWEA.DE and WDTE.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 (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.70 |
The correlation between FWEA.DE and WDTE.DE has been stable across timeframes, ranging from 0.70 to 0.72 - a consistent structural relationship.
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Return for Risk
FWEA.DE vs. WDTE.DE — Risk / Return Rank
FWEA.DE
WDTE.DE
FWEA.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF (FWEA.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.
| FWEA.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.32 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 2.33 | +0.85 |
| Martin ratioReturn relative to average drawdown | 13.52 | 6.14 | +7.38 |
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
| FWEA.DE | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 1.88 | +0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.51 | 1.44 | +0.07 |
Drawdowns
FWEA.DE vs. WDTE.DE - Drawdown Comparison
The maximum FWEA.DE drawdown since its inception was -17.48%, smaller than the maximum WDTE.DE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for FWEA.DE and WDTE.DE.
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Drawdown Indicators
| FWEA.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.48% | -28.19% | +10.71% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -15.79% | +7.51% |
Max Drawdown (3Y)Largest decline over 3 years | — | -28.19% | — |
Current DrawdownCurrent decline from peak | -0.81% | -3.63% | +2.82% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -4.97% | +3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 5.99% | -4.04% |
Volatility
FWEA.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco FTSE All-World UCITS ETF (FWEA.DE) is 3.36%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 8.26%. This indicates that FWEA.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
| FWEA.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.36% | 8.26% | -4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 8.93% | 15.09% | -6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.45% | 19.51% | -8.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.72% | 21.74% | -9.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.72% | 21.74% | -9.02% |
FWEA.DE vs. WDTE.DE - Expense Ratio Comparison
FWEA.DE has a 0.20% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FWEA.DE vs. WDTE.DE - Dividend Comparison
Neither FWEA.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
FWEA.DE and WDTE.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, 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 0.20% for FWEA.DE.
FWEA.DE is categorized as Global Equities, while WDTE.DE is Technology Equities. FWEA.DE tracks FTSE All-World Index, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.20% for FWEA.DE and 0.18% for WDTE.DE.
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