S0LR.DE vs. WDTE.DE
S0LR.DE (Invesco Solar Energy UCITS ETF Acc) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - S0LR.DE is a Energy Equities fund tracking the MAC Global Solar Energy, 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, S0LR.DE returned -3.99%/yr vs 25.83%/yr for WDTE.DE. At a 0.30 correlation, their price movements are largely independent. S0LR.DE charges 0.69%/yr vs 0.18%/yr for WDTE.DE.
Performance
S0LR.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, S0LR.DE achieves a 39.14% return, which is significantly higher than WDTE.DE's 18.32% return.
S0LR.DE
- 1D
- -2.10%
- 1M
- 15.39%
- YTD
- 39.14%
- 6M
- 44.58%
- 1Y
- 102.95%
- 3Y*
- -3.99%
- 5Y*
- —
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
S0LR.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 39.14% | 31.50% | -33.95% | -31.63% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between S0LR.DE and WDTE.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.30 |
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Return for Risk
S0LR.DE vs. WDTE.DE — Risk / Return Rank
S0LR.DE
WDTE.DE
S0LR.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Solar Energy UCITS ETF Acc (S0LR.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.
| S0LR.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.32 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 8.71 | 2.33 | +6.39 |
| Martin ratioReturn relative to average drawdown | 21.79 | 6.14 | +15.65 |
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
| S0LR.DE | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.02 | 1.88 | +1.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 1.44 | -1.56 |
Drawdowns
S0LR.DE vs. WDTE.DE - Drawdown Comparison
The maximum S0LR.DE drawdown since its inception was -73.43%, which is greater than WDTE.DE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for S0LR.DE and WDTE.DE.
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Drawdown Indicators
| S0LR.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.43% | -28.19% | -45.24% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -15.79% | +4.04% |
Max Drawdown (3Y)Largest decline over 3 years | -65.01% | -28.19% | -36.82% |
Current DrawdownCurrent decline from peak | -32.82% | -3.63% | -29.19% |
Average DrawdownAverage peak-to-trough decline | -39.70% | -4.97% | -34.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 5.99% | -1.28% |
Volatility
S0LR.DE vs. WDTE.DE - Volatility Comparison
Invesco Solar Energy UCITS ETF Acc (S0LR.DE) has a higher volatility of 12.56% compared to Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) at 8.26%. This indicates that S0LR.DE's price experiences larger fluctuations and is considered to be riskier 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
| S0LR.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.56% | 8.26% | +4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 23.50% | 15.09% | +8.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.92% | 19.51% | +14.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.23% | 21.74% | +14.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.23% | 21.74% | +14.49% |
S0LR.DE vs. WDTE.DE - Expense Ratio Comparison
S0LR.DE has a 0.69% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio.
Dividends
S0LR.DE vs. WDTE.DE - Dividend Comparison
Neither S0LR.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
S0LR.DE and WDTE.DE have a correlation of 0.37, 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 0.69% for S0LR.DE.
S0LR.DE is categorized as Energy Equities, while WDTE.DE is Technology Equities. S0LR.DE tracks MAC Global Solar Energy, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.69% for S0LR.DE and 0.18% for WDTE.DE.
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