INDA.DE vs. WELK.DE

Last updated Jun 5, 2026

INDA.DE (Lyxor STOXX Europe 600 Banks UCITS ETF Dist) and WELK.DE (Amundi S&P Global Financials ESG UCITS ETF EUR Acc) are both Financials Equities funds from Amundi - INDA.DE tracks the STOXX® Europe 600 Banks while WELK.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials. Both are passively managed. Over the past 3 years, INDA.DE returned 40.68%/yr vs 21.67%/yr for WELK.DE. A 0.65 correlation means they provide meaningful diversification when combined. INDA.DE charges 0.30%/yr vs 0.18%/yr for WELK.DE.

Performance

INDA.DE vs. WELK.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Lyxor STOXX Europe 600 Banks UCITS ETF Dist (INDA.DE) and Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INDA.DE achieves a 7.47% return, which is significantly higher than WELK.DE's 1.91% return.

INDA.DE

• 1D: 0.46%
• 1M: 6.24%
• YTD: 7.47%
• 6M: 14.62%
• 1Y: 41.55%
• 3Y*: 40.68%
• 5Y*: 26.58%
• 10Y*: 13.89%

WELK.DE

• 1D: 2.00%
• 1M: 2.75%
• YTD: 1.91%
• 6M: 5.86%
• 1Y: 13.80%
• 3Y*: 21.67%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

INDA.DE vs. WELK.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
INDA.DE Lyxor STOXX Europe 600 Banks UCITS ETF Dist	7.47%	76.64%	32.75%	22.04%	19.02%
WELK.DE Amundi S&P Global Financials ESG UCITS ETF EUR Acc	1.91%	17.19%	33.74%	12.60%	9.71%

Correlation

The correlation between INDA.DE and WELK.DE is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022	0.65

The correlation between INDA.DE and WELK.DE has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.

Return for Risk

INDA.DE vs. WELK.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INDA.DE

INDA.DE Risk / Return Rank: 53
INDA.DE Sharpe Ratio Rank: 55
INDA.DE Sortino Ratio Rank: 55
INDA.DE Omega Ratio Rank: 50
INDA.DE Calmar Ratio Rank: 54
INDA.DE Martin Ratio Rank: 53

WELK.DE

WELK.DE Risk / Return Rank: 29
WELK.DE Sharpe Ratio Rank: 28
WELK.DE Sortino Ratio Rank: 28
WELK.DE Omega Ratio Rank: 26
WELK.DE Calmar Ratio Rank: 30
WELK.DE Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INDA.DE vs. WELK.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor STOXX Europe 600 Banks UCITS ETF Dist (INDA.DE) and Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.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.

	INDA.DE	WELK.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.86	1.00	+0.86
Sortino ratio: Return per unit of downside risk	2.59	1.50	+1.08
Omega ratio: Gain probability vs. loss probability	1.31	1.17	+0.13
Calmar ratio: Return relative to maximum drawdown	2.65	1.42	+1.23
Martin ratio: Return relative to average drawdown	8.93	4.51	+4.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INDA.DE vs. WELK.DE - Sharpe Ratio Comparison

The current INDA.DE Sharpe Ratio is 1.86, which is higher than the WELK.DE Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of INDA.DE and WELK.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	INDA.DE	WELK.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	1.00	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.18	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	1.33	-1.14

Drawdowns

INDA.DE vs. WELK.DE - Drawdown Comparison

The maximum INDA.DE drawdown since its inception was -70.13%, which is greater than WELK.DE's maximum drawdown of -20.08%. Use the drawdown chart below to compare losses from any high point for INDA.DE and WELK.DE.

Drawdown Indicators

	INDA.DE	WELK.DE	Difference
Max Drawdown Largest peak-to-trough decline	-70.13%	-20.08%	-50.05%
Max Drawdown (1Y) Largest decline over 1 year	-15.59%	-9.66%	-5.93%
Max Drawdown (3Y) Largest decline over 3 years	-20.38%	-20.08%	-0.30%
Max Drawdown (5Y) Largest decline over 5 years	-27.77%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.08%	—	—
Current Drawdown Current decline from peak	-1.73%	-0.71%	-1.02%
Average Drawdown Average peak-to-trough decline	-26.50%	-3.18%	-23.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.64%	3.05%	+1.59%

Volatility

INDA.DE vs. WELK.DE - Volatility Comparison

Lyxor STOXX Europe 600 Banks UCITS ETF Dist (INDA.DE) has a higher volatility of 5.98% compared to Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.DE) at 3.58%. This indicates that INDA.DE's price experiences larger fluctuations and is considered to be riskier than WELK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INDA.DE	WELK.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	3.58%	+2.40%
Volatility (6M) Calculated over the trailing 6-month period	17.92%	10.56%	+7.36%
Volatility (1Y) Calculated over the trailing 1-year period	22.30%	13.80%	+8.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.05%	15.29%	+8.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.34%	15.29%	+11.05%

INDA.DE vs. WELK.DE - Expense Ratio Comparison

INDA.DE has a 0.30% expense ratio, which is higher than WELK.DE's 0.18% expense ratio.

Dividends

INDA.DE vs. WELK.DE - Dividend Comparison

INDA.DE's dividend yield for the trailing twelve months is around 5.05%, while WELK.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
INDA.DE Lyxor STOXX Europe 600 Banks UCITS ETF Dist	5.05%	5.42%	5.93%	1.58%	5.04%	3.76%	1.42%	4.45%	4.56%
WELK.DE Amundi S&P Global Financials ESG UCITS ETF EUR Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INDA.DE and WELK.DE in my portfolio?

INDA.DE and WELK.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, INDA.DE or WELK.DE?

On fees, WELK.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, INDA.DE or WELK.DE?

WELK.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for INDA.DE.

What is the main difference between INDA.DE and WELK.DE?

INDA.DE tracks STOXX® Europe 600 Banks, while WELK.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials. Their fees differ too: 0.30% for INDA.DE and 0.18% for WELK.DE.