G1CE.DE vs. WDTE.DE
G1CE.DE (Invesco Global Clean Energy UCITS ETF Acc) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - G1CE.DE is a Energy Equities fund tracking the WilderHill New Energy Global Innovation, 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, G1CE.DE returned 5.16%/yr vs 25.83%/yr for WDTE.DE. At a 0.44 correlation, their price movements are largely independent. G1CE.DE charges 0.60%/yr vs 0.18%/yr for WDTE.DE.
Performance
G1CE.DE vs. WDTE.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 WDTE.DE's 18.32% return.
G1CE.DE
- 1D
- -1.30%
- 1M
- 3.20%
- YTD
- 36.05%
- 6M
- 37.56%
- 1Y
- 83.69%
- 3Y*
- 5.16%
- 5Y*
- -3.72%
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
G1CE.DE vs. WDTE.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% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between G1CE.DE and WDTE.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.44 |
The correlation between G1CE.DE and WDTE.DE shifts across timeframes, from 0.44 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
G1CE.DE vs. WDTE.DE — Risk / Return Rank
G1CE.DE
WDTE.DE
G1CE.DE vs. WDTE.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 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.
| G1CE.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.32 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 7.99 | 2.33 | +5.66 |
| Martin ratioReturn relative to average drawdown | 28.31 | 6.14 | +22.17 |
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 | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.88 | 1.88 | +2.00 |
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 | 1.44 | -1.57 |
Drawdowns
G1CE.DE vs. WDTE.DE - Drawdown Comparison
The maximum G1CE.DE drawdown since its inception was -68.84%, which is greater than WDTE.DE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for G1CE.DE and WDTE.DE.
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Drawdown Indicators
| G1CE.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.84% | -28.19% | -40.65% |
Max Drawdown (1Y)Largest decline over 1 year | -10.42% | -15.79% | +5.37% |
Max Drawdown (3Y)Largest decline over 3 years | -52.75% | -28.19% | -24.56% |
Max Drawdown (5Y)Largest decline over 5 years | -68.84% | — | — |
Current DrawdownCurrent decline from peak | -27.70% | -3.63% | -24.07% |
Average DrawdownAverage peak-to-trough decline | -38.48% | -4.97% | -33.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 5.99% | -3.04% |
Volatility
G1CE.DE vs. WDTE.DE - Volatility Comparison
Invesco Global Clean Energy UCITS ETF Acc (G1CE.DE) and Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) have volatilities of 8.41% and 8.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| G1CE.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 8.26% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 14.61% | 15.09% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.47% | 19.51% | +1.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.14% | 21.74% | +4.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.36% | 21.74% | +4.62% |
G1CE.DE vs. WDTE.DE - Expense Ratio Comparison
G1CE.DE has a 0.60% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio.
Dividends
G1CE.DE vs. WDTE.DE - Dividend Comparison
Neither G1CE.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
G1CE.DE and WDTE.DE have a correlation of 0.58, 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 0.60% for G1CE.DE.
G1CE.DE is categorized as Energy Equities, while WDTE.DE is Technology Equities. G1CE.DE tracks WilderHill New Energy Global Innovation, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.60% for G1CE.DE and 0.18% for WDTE.DE.
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