SPPW.DE vs. WELU.DE
SPPW.DE (SPDR MSCI World UCITS ETF) and WELU.DE (Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc) are both exchange-traded funds - SPPW.DE is a Global Equities fund tracking the MSCI World, while WELU.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. Both are passively managed. Over the past 3 years, SPPW.DE returned 17.79%/yr vs 27.35%/yr for WELU.DE. Their correlation of 0.82 suggests significant overlap in exposure. SPPW.DE charges 0.12%/yr vs 0.18%/yr for WELU.DE.
Performance
SPPW.DE vs. WELU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPPW.DE achieves a 10.85% return, which is significantly lower than WELU.DE's 21.54% return.
SPPW.DE
- 1D
- -0.31%
- 1M
- 4.83%
- YTD
- 10.85%
- 6M
- 11.34%
- 1Y
- 23.90%
- 3Y*
- 17.79%
- 5Y*
- 13.03%
- 10Y*
- —
WELU.DE
- 1D
- -1.73%
- 1M
- 12.92%
- YTD
- 21.54%
- 6M
- 20.01%
- 1Y
- 44.17%
- 3Y*
- 27.35%
- 5Y*
- —
- 10Y*
- —
SPPW.DE vs. WELU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SPPW.DE SPDR MSCI World UCITS ETF | 10.85% | 8.03% | 26.09% | 20.25% | -0.64% |
WELU.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc | 21.54% | 9.54% | 38.64% | 57.43% | 0.20% |
Correlation
The correlation between SPPW.DE and WELU.DE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.82 |
The correlation between SPPW.DE and WELU.DE has been stable across timeframes, ranging from 0.82 to 0.82 - a consistent structural relationship.
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Return for Risk
SPPW.DE vs. WELU.DE — Risk / Return Rank
SPPW.DE
WELU.DE
SPPW.DE vs. WELU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SPPW.DE) and Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.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.
| SPPW.DE | WELU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.35 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 2.70 | +0.96 |
| Martin ratioReturn relative to average drawdown | 14.69 | 6.94 | +7.75 |
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
| SPPW.DE | WELU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 2.15 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 1.52 | -0.66 |
Drawdowns
SPPW.DE vs. WELU.DE - Drawdown Comparison
The maximum SPPW.DE drawdown since its inception was -33.69%, which is greater than WELU.DE's maximum drawdown of -28.67%. Use the drawdown chart below to compare losses from any high point for SPPW.DE and WELU.DE.
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Drawdown Indicators
| SPPW.DE | WELU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.69% | -28.67% | -5.02% |
Max Drawdown (1Y)Largest decline over 1 year | -6.51% | -16.26% | +9.75% |
Max Drawdown (3Y)Largest decline over 3 years | -21.62% | -28.67% | +7.05% |
Max Drawdown (5Y)Largest decline over 5 years | -21.62% | — | — |
Current DrawdownCurrent decline from peak | -0.31% | -2.65% | +2.34% |
Average DrawdownAverage peak-to-trough decline | -4.43% | -4.74% | +0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 6.35% | -4.72% |
Volatility
SPPW.DE vs. WELU.DE - Volatility Comparison
The current volatility for SPDR MSCI World UCITS ETF (SPPW.DE) is 2.70%, while Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.DE) has a volatility of 6.70%. This indicates that SPPW.DE experiences smaller price fluctuations and is considered to be less risky than WELU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPPW.DE | WELU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 6.70% | -4.00% |
Volatility (6M)Calculated over the trailing 6-month period | 7.62% | 14.75% | -7.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.11% | 20.41% | -9.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 22.28% | -8.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 22.28% | -6.20% |
SPPW.DE vs. WELU.DE - Expense Ratio Comparison
SPPW.DE has a 0.12% expense ratio, which is lower than WELU.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
SPPW.DE vs. WELU.DE - Dividend Comparison
Neither SPPW.DE nor WELU.DE has paid dividends to shareholders.
Frequently Asked Questions
SPPW.DE and WELU.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPW.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPW.DE is cheaper with a 0.12% expense ratio, compared with 0.18% for WELU.DE.
SPPW.DE is categorized as Global Equities, while WELU.DE is Technology Equities. SPPW.DE tracks MSCI World, while WELU.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.12% for SPPW.DE and 0.18% for WELU.DE.
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