LVLC.DE vs. WDTE.DE
LVLC.DE (Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - LVLC.DE is a Global Equities fund tracking the Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon, while WDTE.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, LVLC.DE returned 12.70%/yr vs 25.83%/yr for WDTE.DE. A 0.59 correlation means they provide meaningful diversification when combined. LVLC.DE charges 0.25%/yr vs 0.18%/yr for WDTE.DE.
Performance
LVLC.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LVLC.DE achieves a 4.86% return, which is significantly lower than WDTE.DE's 18.32% return.
LVLC.DE
- 1D
- -0.11%
- 1M
- 3.58%
- YTD
- 4.86%
- 6M
- 6.05%
- 1Y
- 10.23%
- 3Y*
- 12.70%
- 5Y*
- —
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
LVLC.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LVLC.DE Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc | 4.86% | 5.91% | 23.88% | 6.15% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between LVLC.DE and WDTE.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.59 |
The correlation between LVLC.DE and WDTE.DE has been stable across timeframes, ranging from 0.58 to 0.60 - a consistent structural relationship.
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Return for Risk
LVLC.DE vs. WDTE.DE — Risk / Return Rank
LVLC.DE
WDTE.DE
LVLC.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc (LVLC.DE) and Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.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.
| LVLC.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.32 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 2.33 | -0.53 |
| Martin ratioReturn relative to average drawdown | 6.55 | 6.14 | +0.41 |
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
| LVLC.DE | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.88 | -0.71 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 1.44 | -0.48 |
Drawdowns
LVLC.DE vs. WDTE.DE - Drawdown Comparison
The maximum LVLC.DE drawdown since its inception was -16.03%, smaller than the maximum WDTE.DE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for LVLC.DE and WDTE.DE.
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Drawdown Indicators
| LVLC.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.03% | -28.19% | +12.16% |
Max Drawdown (1Y)Largest decline over 1 year | -5.67% | -15.79% | +10.12% |
Max Drawdown (3Y)Largest decline over 3 years | -16.03% | -28.19% | +12.16% |
Current DrawdownCurrent decline from peak | -0.43% | -3.63% | +3.20% |
Average DrawdownAverage peak-to-trough decline | -2.98% | -4.97% | +1.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 5.99% | -4.43% |
Volatility
LVLC.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc (LVLC.DE) is 2.05%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 8.26%. This indicates that LVLC.DE experiences smaller price fluctuations and is considered to be less risky than WDTE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LVLC.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.05% | 8.26% | -6.21% |
Volatility (6M)Calculated over the trailing 6-month period | 6.07% | 15.09% | -9.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.68% | 19.51% | -10.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.57% | 21.74% | -11.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.57% | 21.74% | -11.17% |
LVLC.DE vs. WDTE.DE - Expense Ratio Comparison
LVLC.DE has a 0.25% expense ratio, which is higher than WDTE.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
LVLC.DE vs. WDTE.DE - Dividend Comparison
Neither LVLC.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
LVLC.DE and WDTE.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for LVLC.DE.
LVLC.DE is categorized as Global Equities, while WDTE.DE is Technology Equities. LVLC.DE tracks Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.25% for LVLC.DE and 0.18% for WDTE.DE.
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