G1CE.DE vs. WDEE.DE
G1CE.DE (Invesco Global Clean Energy UCITS ETF Acc) and WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) are both Energy Equities funds from Invesco - G1CE.DE tracks the WilderHill New Energy Global Innovation while WDEE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. Both are passively managed. Over the past 3 years, G1CE.DE returned 5.16%/yr vs 16.13%/yr for WDEE.DE. At a 0.22 correlation, their price movements are largely independent. G1CE.DE charges 0.60%/yr vs 0.18%/yr for WDEE.DE.
Performance
G1CE.DE vs. WDEE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, G1CE.DE achieves a 36.05% return, which is significantly higher than WDEE.DE's 33.31% return.
G1CE.DE
- 1D
- -1.30%
- 1M
- 2.83%
- YTD
- 36.05%
- 6M
- 35.94%
- 1Y
- 84.45%
- 3Y*
- 5.16%
- 5Y*
- -3.72%
- 10Y*
- —
WDEE.DE
- 1D
- 2.19%
- 1M
- 3.35%
- YTD
- 33.31%
- 6M
- 28.18%
- 1Y
- 39.15%
- 3Y*
- 16.13%
- 5Y*
- —
- 10Y*
- —
G1CE.DE vs. WDEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
G1CE.DE Invesco Global Clean Energy UCITS ETF Acc | 36.05% | 27.39% | -22.23% | -16.21% |
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc | 33.31% | -2.96% | 9.29% | 6.37% |
Correlation
The correlation between G1CE.DE and WDEE.DE is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.22 |
The correlation between G1CE.DE and WDEE.DE shifts across timeframes, from -0.04 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
G1CE.DE vs. WDEE.DE — Risk / Return Rank
G1CE.DE
WDEE.DE
G1CE.DE vs. WDEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy UCITS ETF Acc (G1CE.DE) and Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.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.
| G1CE.DE | WDEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.12 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.31 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 7.99 | 2.94 | +5.05 |
| Martin ratioReturn relative to average drawdown | 28.31 | 9.51 | +18.80 |
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
| G1CE.DE | WDEE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.88 | 1.75 | +2.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 0.69 | -0.83 |
Drawdowns
G1CE.DE vs. WDEE.DE - Drawdown Comparison
The maximum G1CE.DE drawdown since its inception was -68.84%, which is greater than WDEE.DE's maximum drawdown of -23.77%. Use the drawdown chart below to compare losses from any high point for G1CE.DE and WDEE.DE.
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Drawdown Indicators
| G1CE.DE | WDEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.84% | -23.77% | -45.07% |
Max Drawdown (1Y)Largest decline over 1 year | -10.42% | -12.42% | +2.00% |
Max Drawdown (3Y)Largest decline over 3 years | -52.75% | -23.77% | -28.98% |
Max Drawdown (5Y)Largest decline over 5 years | -68.84% | — | — |
Current DrawdownCurrent decline from peak | -27.70% | -4.37% | -23.33% |
Average DrawdownAverage peak-to-trough decline | -38.48% | -7.19% | -31.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 3.85% | -0.90% |
Volatility
G1CE.DE vs. WDEE.DE - Volatility Comparison
Invesco Global Clean Energy UCITS ETF Acc (G1CE.DE) has a higher volatility of 8.41% compared to Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) at 7.54%. This indicates that G1CE.DE's price experiences larger fluctuations and is considered to be riskier than WDEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| G1CE.DE | WDEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 7.54% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 14.61% | 17.53% | -2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.47% | 20.89% | +0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.14% | 19.94% | +6.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.36% | 19.94% | +6.42% |
G1CE.DE vs. WDEE.DE - Expense Ratio Comparison
G1CE.DE has a 0.60% expense ratio, which is higher than WDEE.DE's 0.18% expense ratio.
Dividends
G1CE.DE vs. WDEE.DE - Dividend Comparison
Neither G1CE.DE nor WDEE.DE has paid dividends to shareholders.
Frequently Asked Questions
G1CE.DE and WDEE.DE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDEE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDEE.DE is cheaper with a 0.18% expense ratio, compared with 0.60% for G1CE.DE.
G1CE.DE tracks WilderHill New Energy Global Innovation, while WDEE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. Their fees differ too: 0.60% for G1CE.DE and 0.18% for WDEE.DE.
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