GLUX.DE vs. WELW.DE
GLUX.DE (Amundi S&P Global Luxury UCITS ETF EUR) and WELW.DE (Amundi S&P Global Consumer Staples ESG UCITS ETF EUR Acc) are both Consumer Staples Equities funds from Amundi - GLUX.DE tracks the S&P Global Luxury while WELW.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Staples. Both are passively managed. Over the past 3 years, GLUX.DE returned -0.97%/yr vs -0.01%/yr for WELW.DE. At a 0.27 correlation, their price movements are largely independent. GLUX.DE charges 0.25%/yr vs 0.18%/yr for WELW.DE.
Performance
GLUX.DE vs. WELW.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 WELW.DE's 3.14% 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%
WELW.DE
- 1D
- -0.10%
- 1M
- -2.28%
- YTD
- 3.14%
- 6M
- 1.88%
- 1Y
- -3.09%
- 3Y*
- -0.01%
- 5Y*
- —
- 10Y*
- —
GLUX.DE vs. WELW.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% |
WELW.DE Amundi S&P Global Consumer Staples ESG UCITS ETF EUR Acc | 3.14% | -7.11% | 9.48% | -1.99% | 5.34% |
Correlation
The correlation between GLUX.DE and WELW.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.27 |
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Return for Risk
GLUX.DE vs. WELW.DE — Risk / Return Rank
GLUX.DE
WELW.DE
GLUX.DE vs. WELW.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 Staples ESG UCITS ETF EUR Acc (WELW.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 | WELW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.97 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | -0.34 | +0.49 |
| Martin ratioReturn relative to average drawdown | 0.39 | -0.62 | +1.01 |
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 | WELW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | -0.24 | +0.37 |
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 | 0.19 | +0.25 |
Drawdowns
GLUX.DE vs. WELW.DE - Drawdown Comparison
The maximum GLUX.DE drawdown since its inception was -43.20%, which is greater than WELW.DE's maximum drawdown of -13.88%. Use the drawdown chart below to compare losses from any high point for GLUX.DE and WELW.DE.
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Drawdown Indicators
| GLUX.DE | WELW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.20% | -13.88% | -29.32% |
Max Drawdown (1Y)Largest decline over 1 year | -16.00% | -9.17% | -6.83% |
Max Drawdown (3Y)Largest decline over 3 years | -27.94% | -13.88% | -14.06% |
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% | -8.99% | -5.71% |
Average DrawdownAverage peak-to-trough decline | -9.35% | -5.45% | -3.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 4.96% | +1.55% |
Volatility
GLUX.DE vs. WELW.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 Staples ESG UCITS ETF EUR Acc (WELW.DE) at 4.91%. This indicates that GLUX.DE's price experiences larger fluctuations and is considered to be riskier than WELW.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 | WELW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.55% | 4.91% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 15.60% | 10.31% | +5.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.60% | 12.66% | +6.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.08% | 11.48% | +9.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.94% | 11.48% | +9.46% |
GLUX.DE vs. WELW.DE - Expense Ratio Comparison
GLUX.DE has a 0.25% expense ratio, which is higher than WELW.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. WELW.DE - Dividend Comparison
Neither GLUX.DE nor WELW.DE has paid dividends to shareholders.
Frequently Asked Questions
GLUX.DE and WELW.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELW.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for GLUX.DE.
GLUX.DE tracks S&P Global Luxury, while WELW.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Staples. Their fees differ too: 0.25% for GLUX.DE and 0.18% for WELW.DE.
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