JEDI.DE vs. WELI.DE
JEDI.DE (VanEck Space Innovators UCITS ETF) and WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) are both Industrials Equities funds - JEDI.DE tracks the MVIS Global Space Industry ESG while WELI.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. Both are passively managed. Over the past 3 years, JEDI.DE returned 53.87%/yr vs 12.33%/yr for WELI.DE. At a 0.44 correlation, their price movements are largely independent. JEDI.DE charges 0.55%/yr vs 0.18%/yr for WELI.DE.
Performance
JEDI.DE vs. WELI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JEDI.DE achieves a 38.20% return, which is significantly higher than WELI.DE's 13.26% return.
JEDI.DE
- 1D
- 0.00%
- 1M
- -32.61%
- YTD
- 38.20%
- 6M
- 34.62%
- 1Y
- 103.14%
- 3Y*
- 53.87%
- 5Y*
- —
- 10Y*
- —
WELI.DE
- 1D
- 0.00%
- 1M
- -2.01%
- YTD
- 13.26%
- 6M
- 13.98%
- 1Y
- 33.57%
- 3Y*
- 12.33%
- 5Y*
- —
- 10Y*
- —
JEDI.DE vs. WELI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JEDI.DE VanEck Space Innovators UCITS ETF | 38.20% | 72.15% | 52.14% | 8.55% | 0.02% |
WELI.DE Amundi S&P Global Materials ESG UCITS ETF EUR Acc | 13.26% | 14.91% | -0.52% | 10.29% | 5.16% |
Correlation
The correlation between JEDI.DE and WELI.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022 | 0.44 |
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Return for Risk
JEDI.DE vs. WELI.DE — Risk / Return Rank
JEDI.DE
WELI.DE
JEDI.DE vs. WELI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Space Innovators UCITS ETF (JEDI.DE) and Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.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.
| JEDI.DE | WELI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.30 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 2.27 | +0.90 |
| Martin ratioReturn relative to average drawdown | 10.67 | 9.03 | +1.64 |
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Drawdowns
JEDI.DE vs. WELI.DE - Drawdown Comparison
The maximum JEDI.DE drawdown since its inception was -32.70%, which is greater than WELI.DE's maximum drawdown of -21.14%. Use the drawdown chart below to compare losses from any high point for JEDI.DE and WELI.DE.
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Drawdown Indicators
| JEDI.DE | WELI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.70% | -21.14% | -11.56% |
Max Drawdown (1Y)Largest decline over 1 year | -32.70% | -14.69% | -18.01% |
Max Drawdown (3Y)Largest decline over 3 years | -32.70% | -21.14% | -11.56% |
Current DrawdownCurrent decline from peak | -32.70% | -5.13% | -27.57% |
Average DrawdownAverage peak-to-trough decline | -7.44% | -4.47% | -2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.70% | 3.71% | +5.99% |
Volatility
JEDI.DE vs. WELI.DE - Volatility Comparison
VanEck Space Innovators UCITS ETF (JEDI.DE) has a higher volatility of 15.35% compared to Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) at 6.74%. This indicates that JEDI.DE's price experiences larger fluctuations and is considered to be riskier than WELI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEDI.DE | WELI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.35% | 6.74% | +8.61% |
Volatility (6M)Calculated over the trailing 6-month period | 35.79% | 16.51% | +19.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.67% | 19.18% | +26.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.91% | 16.44% | +16.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.91% | 16.44% | +16.47% |
JEDI.DE vs. WELI.DE - Expense Ratio Comparison
JEDI.DE has a 0.55% expense ratio, which is higher than WELI.DE's 0.18% expense ratio.
Dividends
JEDI.DE vs. WELI.DE - Dividend Comparison
Neither JEDI.DE nor WELI.DE has paid dividends to shareholders.
Frequently Asked Questions
JEDI.DE and WELI.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELI.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELI.DE is cheaper with a 0.18% expense ratio, compared with 0.55% for JEDI.DE.
JEDI.DE tracks MVIS Global Space Industry ESG, while WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. They also come from different issuers: VanEck and Amundi. Their fees differ too: 0.55% for JEDI.DE and 0.18% for WELI.DE.
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