HDLV.DE vs. WTEE.DE
HDLV.DE (Invesco S&P 500 High Dividend Low Volatility UCITS ETF) and WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) are both Dividend funds - HDLV.DE tracks the S&P 500 Low Volatility High Dividend Net Total Return Index while WTEE.DE tracks the WisdomTree Europe Equity Income. Both are passively managed. Over the past 10 years, HDLV.DE returned 6.38%/yr vs 9.03%/yr for WTEE.DE. Their 0.55 correlation means they have sometimes moved together and sometimes differently. HDLV.DE charges 0.30%/yr vs 0.29%/yr for WTEE.DE.
Performance
HDLV.DE vs. WTEE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, HDLV.DE achieves a 16.59% return, which is significantly lower than WTEE.DE's 19.86% return. Over the past 10 years, HDLV.DE has underperformed WTEE.DE with an annualized return of 6.38%, while WTEE.DE has yielded a comparatively higher 9.03% annualized return.
HDLV.DE
- 1D
- 0.63%
- 1M
- 3.21%
- 6M
- 14.46%
- YTD
- 16.59%
- 1Y
- 17.19%
- 3Y*
- 10.30%
- 5Y*
- 8.35%
- 10Y*
- 6.38%
- ALL TIME*
- 6.86%
WTEE.DE
- 1D
- 0.06%
- 1M
- 5.10%
- 6M
- 15.96%
- YTD
- 19.86%
- 1Y
- 30.53%
- 3Y*
- 17.86%
- 5Y*
- 13.59%
- 10Y*
- 9.03%
- ALL TIME*
- 7.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| €778.38K | €756.30K | €815.43K | |
| €199.63K | €280.29K | €238.04K |
HDLV.DE vs. WTEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDLV.DE Invesco S&P 500 High Dividend Low Volatility UCITS ETF | 16.59% | -8.06% | 23.32% | -2.45% | 6.28% | 35.97% | -19.13% | 21.77% | -2.56% | -2.34% |
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 19.86% | 28.57% | 2.22% | 15.07% | -0.07% | 18.86% | -18.42% | 21.73% | -7.92% | 9.68% |
Correlation
The correlation between HDLV.DE and WTEE.DE is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.33 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since May 11, 2015 | 0.55 |
Over the past year, the correlation between HDLV.DE and WTEE.DE has dropped to 0.31 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
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Return for Risk
HDLV.DE vs. WTEE.DE — Risk / Return Rank
HDLV.DE
WTEE.DE
HDLV.DE vs. WTEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLV.DE) and WisdomTree Europe Equity Income UCITS ETF (WTEE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HDLV.DE | WTEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.49 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 4.50 | -1.89 |
| Martin ratioReturn relative to average drawdown | 6.64 | 16.74 | -10.10 |
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Drawdowns
HDLV.DE vs. WTEE.DE - Drawdown Comparison
The maximum HDLV.DE drawdown since its inception was -39.21%, roughly equal to the maximum WTEE.DE drawdown of -39.64%. Use the drawdown chart below to compare losses from any high point for HDLV.DE and WTEE.DE.
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Drawdown Indicators
| HDLV.DE | WTEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.21% | -39.64% | +0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -6.56% | -6.75% | +0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -19.09% | -14.11% | -4.98% |
Max Drawdown (5Y)Largest decline over 5 years | -19.99% | -16.50% | -3.49% |
Max Drawdown (10Y)Largest decline over 10 years | -39.21% | -39.64% | +0.43% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -8.67% | -6.99% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 1.82% | +0.76% |
Volatility
HDLV.DE vs. WTEE.DE - Volatility Comparison
Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLV.DE) has a higher volatility of 3.85% compared to WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) at 2.69%. This indicates that HDLV.DE's price experiences larger fluctuations and is considered to be riskier than WTEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HDLV.DE | WTEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 2.69% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 8.74% | 9.05% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.17% | 11.22% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 13.72% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.12% | 15.59% | +1.53% |
HDLV.DE vs. WTEE.DE - Expense Ratio Comparison
HDLV.DE has a 0.30% expense ratio, which is higher than WTEE.DE's 0.29% expense ratio.
Dividends
HDLV.DE vs. WTEE.DE - Dividend Comparison
HDLV.DE's dividend yield for the trailing twelve months is around 3.36%, less than WTEE.DE's 4.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDLV.DE Invesco S&P 500 High Dividend Low Volatility UCITS ETF | 3.36% | 4.01% | 3.43% | 4.14% | 3.60% | 3.24% | 4.64% | 3.68% | 3.70% | 3.22% | 2.93% | 1.86% |
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 4.99% | 5.36% | 6.80% | 5.61% | 5.35% | 4.63% | 3.98% | 4.51% | 4.80% | 4.03% | 1.35% | 4.53% |
Frequently Asked Questions
HDLV.DE and WTEE.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEE.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEE.DE is cheaper with a 0.29% expense ratio, compared with 0.30% for HDLV.DE.
HDLV.DE tracks S&P 500 Low Volatility High Dividend Net Total Return Index, while WTEE.DE tracks WisdomTree Europe Equity Income. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.30% for HDLV.DE and 0.29% for WTEE.DE.
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