HDLV.DE vs. WTEI.DE
HDLV.DE (Invesco S&P 500 High Dividend Low Volatility UCITS ETF) and WTEI.DE (WisdomTree Emerging Markets Equity Income UCITS ETF) are both Dividend funds - HDLV.DE tracks the S&P 500 Low Volatility High Dividend Net Total Return Index while WTEI.DE tracks the WisdomTree Emerging Markets Equity Income. Both are passively managed. Over the past 10 years, HDLV.DE returned 6.38%/yr vs 8.67%/yr for WTEI.DE. Their 0.43 correlation means their historical movements had little consistent relationship. HDLV.DE charges 0.30%/yr vs 0.46%/yr for WTEI.DE.
Performance
HDLV.DE vs. WTEI.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 WTEI.DE's 18.24% return. Over the past 10 years, HDLV.DE has underperformed WTEI.DE with an annualized return of 6.38%, while WTEI.DE has yielded a comparatively higher 8.67% 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%
WTEI.DE
- 1D
- -0.84%
- 1M
- -0.85%
- 6M
- 14.29%
- YTD
- 18.24%
- 1Y
- 22.73%
- 3Y*
- 13.57%
- 5Y*
- 10.96%
- 10Y*
- 8.67%
- ALL TIME*
- 5.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| €778.38K | €756.30K | €815.43K | |
| €203.99K | €268.16K | €224.91K |
HDLV.DE vs. WTEI.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% |
WTEI.DE WisdomTree Emerging Markets Equity Income UCITS ETF | 18.24% | 7.76% | 11.70% | 16.82% | -7.16% | 22.68% | -15.24% | 23.06% | -3.85% | 10.46% |
Correlation
The correlation between HDLV.DE and WTEI.DE is -0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since May 11, 2015 | 0.43 |
The correlation between HDLV.DE and WTEI.DE shifts across timeframes, from -0.04 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HDLV.DE vs. WTEI.DE — Risk / Return Rank
HDLV.DE
WTEI.DE
HDLV.DE vs. WTEI.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 Emerging Markets Equity Income UCITS ETF (WTEI.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 | WTEI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.30 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 3.77 | -1.16 |
| Martin ratioReturn relative to average drawdown | 6.64 | 11.13 | -4.49 |
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Drawdowns
HDLV.DE vs. WTEI.DE - Drawdown Comparison
The maximum HDLV.DE drawdown since its inception was -39.21%, smaller than the maximum WTEI.DE drawdown of -43.36%. Use the drawdown chart below to compare losses from any high point for HDLV.DE and WTEI.DE.
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Drawdown Indicators
| HDLV.DE | WTEI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.21% | -43.36% | +4.15% |
Max Drawdown (1Y)Largest decline over 1 year | -6.56% | -6.00% | -0.56% |
Max Drawdown (3Y)Largest decline over 3 years | -19.09% | -15.95% | -3.14% |
Max Drawdown (5Y)Largest decline over 5 years | -19.99% | -16.76% | -3.23% |
Max Drawdown (10Y)Largest decline over 10 years | -39.21% | -35.60% | -3.61% |
Current DrawdownCurrent decline from peak | 0.00% | -5.02% | +5.02% |
Average DrawdownAverage peak-to-trough decline | -8.67% | -10.31% | +1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 2.04% | +0.54% |
Volatility
HDLV.DE vs. WTEI.DE - Volatility Comparison
Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLV.DE) and WisdomTree Emerging Markets Equity Income UCITS ETF (WTEI.DE) have volatilities of 3.85% and 4.03%, 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
| HDLV.DE | WTEI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 4.03% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 8.74% | 10.54% | -1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.17% | 13.43% | -2.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 13.61% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.12% | 18.16% | -1.04% |
HDLV.DE vs. WTEI.DE - Expense Ratio Comparison
HDLV.DE has a 0.30% expense ratio, which is lower than WTEI.DE's 0.46% expense ratio.
Dividends
HDLV.DE vs. WTEI.DE - Dividend Comparison
HDLV.DE's dividend yield for the trailing twelve months is around 3.36%, less than WTEI.DE's 3.66% 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% |
WTEI.DE WisdomTree Emerging Markets Equity Income UCITS ETF | 3.66% | 4.53% | 7.52% | 6.96% | 7.43% | 3.95% | 4.96% | 4.05% | 4.27% | 3.25% | 0.87% | 4.60% |
Frequently Asked Questions
HDLV.DE and WTEI.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, HDLV.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HDLV.DE is cheaper with a 0.30% expense ratio, compared with 0.46% for WTEI.DE.
HDLV.DE tracks S&P 500 Low Volatility High Dividend Net Total Return Index, while WTEI.DE tracks WisdomTree Emerging Markets Equity Income. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.30% for HDLV.DE and 0.46% for WTEI.DE.
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