GLUX.DE vs. WELJ.DE
GLUX.DE (Amundi S&P Global Luxury UCITS ETF EUR) and WELJ.DE (Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc) are both Consumer Staples Equities funds from Amundi - GLUX.DE tracks the S&P Global Luxury while WELJ.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. Both are passively managed. Over the past 3 years, GLUX.DE returned -0.97%/yr vs 9.08%/yr for WELJ.DE. A 0.73 correlation means they provide meaningful diversification when combined. GLUX.DE charges 0.25%/yr vs 0.18%/yr for WELJ.DE.
Performance
GLUX.DE vs. WELJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, GLUX.DE achieves a -7.03% return, which is significantly lower than WELJ.DE's -1.85% return.
GLUX.DE
- 1D
- -0.12%
- 1M
- 4.80%
- YTD
- -7.03%
- 6M
- -6.01%
- 1Y
- 2.52%
- 3Y*
- -0.97%
- 5Y*
- 0.25%
- 10Y*
- 9.44%
WELJ.DE
- 1D
- 0.21%
- 1M
- -0.51%
- YTD
- -1.85%
- 6M
- -1.53%
- 1Y
- 6.43%
- 3Y*
- 9.08%
- 5Y*
- —
- 10Y*
- —
GLUX.DE vs. WELJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GLUX.DE Amundi S&P Global Luxury UCITS ETF EUR | -7.03% | 2.34% | 4.43% | 11.98% | 4.62% |
WELJ.DE Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc | -1.85% | -4.79% | 29.73% | 30.43% | -8.02% |
Correlation
The correlation between GLUX.DE and WELJ.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.73 |
The correlation between GLUX.DE and WELJ.DE shifts across timeframes, from 0.60 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GLUX.DE vs. WELJ.DE — Risk / Return Rank
GLUX.DE
WELJ.DE
GLUX.DE vs. WELJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) and Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.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.
| GLUX.DE | WELJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.08 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 0.44 | -0.28 |
| Martin ratioReturn relative to average drawdown | 0.39 | 1.20 | -0.81 |
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
| GLUX.DE | WELJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 0.38 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.59 | -0.16 |
Drawdowns
GLUX.DE vs. WELJ.DE - Drawdown Comparison
The maximum GLUX.DE drawdown since its inception was -43.20%, which is greater than WELJ.DE's maximum drawdown of -28.28%. Use the drawdown chart below to compare losses from any high point for GLUX.DE and WELJ.DE.
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Drawdown Indicators
| GLUX.DE | WELJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.20% | -28.28% | -14.92% |
Max Drawdown (1Y)Largest decline over 1 year | -16.00% | -14.62% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -27.94% | -28.28% | +0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -30.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.20% | — | — |
Current DrawdownCurrent decline from peak | -14.70% | -10.41% | -4.29% |
Average DrawdownAverage peak-to-trough decline | -9.35% | -6.81% | -2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 5.36% | +1.15% |
Volatility
GLUX.DE vs. WELJ.DE - Volatility Comparison
Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) has a higher volatility of 5.55% compared to Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.DE) at 5.07%. This indicates that GLUX.DE's price experiences larger fluctuations and is considered to be riskier than WELJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLUX.DE | WELJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.55% | 5.07% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 15.60% | 12.51% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.60% | 16.84% | +2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.08% | 18.18% | +2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.94% | 18.18% | +2.76% |
GLUX.DE vs. WELJ.DE - Expense Ratio Comparison
GLUX.DE has a 0.25% expense ratio, which is higher than WELJ.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
GLUX.DE vs. WELJ.DE - Dividend Comparison
Neither GLUX.DE nor WELJ.DE has paid dividends to shareholders.
Frequently Asked Questions
GLUX.DE and WELJ.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELJ.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELJ.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for GLUX.DE.
GLUX.DE tracks S&P Global Luxury, while WELJ.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. Their fees differ too: 0.25% for GLUX.DE and 0.18% for WELJ.DE.
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