QDVE.DE vs. WELI.DE
QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) and WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) are both exchange-traded funds - QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index, while WELI.DE is a Industrials Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. Both are passively managed. Over the past 3 years, QDVE.DE returned 28.42%/yr vs 13.20%/yr for WELI.DE. At a 0.39 correlation, their price movements are largely independent. QDVE.DE charges 0.15%/yr vs 0.18%/yr for WELI.DE.
Performance
QDVE.DE vs. WELI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QDVE.DE achieves a 18.83% return, which is significantly higher than WELI.DE's 16.84% return.
QDVE.DE
- 1D
- 2.52%
- 1M
- -0.05%
- YTD
- 18.83%
- 6M
- 20.81%
- 1Y
- 43.45%
- 3Y*
- 28.42%
- 5Y*
- 23.77%
- 10Y*
- 25.61%
WELI.DE
- 1D
- -0.41%
- 1M
- -0.76%
- YTD
- 16.84%
- 6M
- 20.75%
- 1Y
- 33.83%
- 3Y*
- 13.20%
- 5Y*
- —
- 10Y*
- —
QDVE.DE vs. WELI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 18.83% | 10.01% | 46.09% | 54.17% | -5.72% |
WELI.DE Amundi S&P Global Materials ESG UCITS ETF EUR Acc | 16.84% | 14.91% | -0.52% | 10.29% | 9.95% |
Correlation
The correlation between QDVE.DE and WELI.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2022 | 0.39 |
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Return for Risk
QDVE.DE vs. WELI.DE — Risk / Return Rank
QDVE.DE
WELI.DE
QDVE.DE vs. WELI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
| QDVE.DE | WELI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 2.21 | +0.51 |
| Martin ratioReturn relative to average drawdown | 7.03 | 8.95 | -1.92 |
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Drawdowns
QDVE.DE vs. WELI.DE - Drawdown Comparison
The maximum QDVE.DE drawdown since its inception was -31.40%, 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 QDVE.DE and WELI.DE.
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Drawdown Indicators
| QDVE.DE | WELI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.40% | -21.14% | -10.26% |
Max Drawdown (1Y)Largest decline over 1 year | -15.60% | -14.69% | -0.91% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -21.14% | -8.67% |
Max Drawdown (5Y)Largest decline over 5 years | -29.81% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.40% | — | — |
Current DrawdownCurrent decline from peak | -7.15% | -1.73% | -5.42% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -4.50% | -1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.03% | 3.63% | +2.40% |
Volatility
QDVE.DE vs. WELI.DE - Volatility Comparison
iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a higher volatility of 8.02% compared to Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) at 6.48%. This indicates that QDVE.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
| QDVE.DE | WELI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 6.48% | +1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 15.46% | 15.53% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.88% | 18.23% | +2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.78% | 16.09% | +6.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.75% | 16.09% | +5.66% |
QDVE.DE vs. WELI.DE - Expense Ratio Comparison
QDVE.DE has a 0.15% expense ratio, which is lower than WELI.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QDVE.DE vs. WELI.DE - Dividend Comparison
Neither QDVE.DE nor WELI.DE has paid dividends to shareholders.
Frequently Asked Questions
QDVE.DE and WELI.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for WELI.DE.
QDVE.DE is categorized as Technology Equities, while WELI.DE is Industrials Equities. QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index, while WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.15% for QDVE.DE and 0.18% for WELI.DE.
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