SPYK.DE vs. WDTE.DE

Last updated Jun 5, 2026

SPYK.DE (SPDR MSCI Europe Technology UCITS ETF) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both Technology Equities funds - SPYK.DE tracks the MSCI Europe Information Technology 20/35 Capped while WDTE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, SPYK.DE returned 24.74%/yr vs 25.83%/yr for WDTE.DE. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.

Performance

SPYK.DE vs. WDTE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) and Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPYK.DE achieves a 50.09% return, which is significantly higher than WDTE.DE's 18.32% return.

SPYK.DE

• 1D: 0.27%
• 1M: 20.48%
• YTD: 50.09%
• 6M: 47.63%
• 1Y: 59.88%
• 3Y*: 24.74%
• 5Y*: 15.13%
• 10Y*: 16.39%

WDTE.DE

• 1D: -2.54%
• 1M: 12.94%
• YTD: 18.32%
• 6M: 18.30%
• 1Y: 36.88%
• 3Y*: 25.83%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPYK.DE vs. WDTE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SPYK.DE SPDR MSCI Europe Technology UCITS ETF	50.09%	10.46%	8.46%	15.93%
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc	18.32%	6.19%	42.11%	32.17%

Correlation

The correlation between SPYK.DE and WDTE.DE is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023	0.70

The correlation between SPYK.DE and WDTE.DE has been stable across timeframes, ranging from 0.70 to 0.71 - a consistent structural relationship.

Return for Risk

SPYK.DE vs. WDTE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPYK.DE

SPYK.DE Risk / Return Rank: 71
SPYK.DE Sharpe Ratio Rank: 72
SPYK.DE Sortino Ratio Rank: 70
SPYK.DE Omega Ratio Rank: 63
SPYK.DE Calmar Ratio Rank: 85
SPYK.DE Martin Ratio Rank: 67

WDTE.DE

WDTE.DE Risk / Return Rank: 50
WDTE.DE Sharpe Ratio Rank: 56
WDTE.DE Sortino Ratio Rank: 52
WDTE.DE Omega Ratio Rank: 52
WDTE.DE Calmar Ratio Rank: 48
WDTE.DE Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPYK.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Technology UCITS ETF (SPYK.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.

	SPYK.DE	WDTE.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.30	1.88	+0.42
Sortino ratio: Return per unit of downside risk	3.15	2.51	+0.64
Omega ratio: Gain probability vs. loss probability	1.38	1.32	+0.06
Calmar ratio: Return relative to maximum drawdown	4.59	2.33	+2.26
Martin ratio: Return relative to average drawdown	12.19	6.14	+6.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPYK.DE vs. WDTE.DE - Sharpe Ratio Comparison

The current SPYK.DE Sharpe Ratio is 2.30, which is comparable to the WDTE.DE Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of SPYK.DE and WDTE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPYK.DE	WDTE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	1.88	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	1.44	-0.81

Drawdowns

SPYK.DE vs. WDTE.DE - Drawdown Comparison

The maximum SPYK.DE drawdown since its inception was -38.45%, 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 SPYK.DE and WDTE.DE.

Drawdown Indicators

	SPYK.DE	WDTE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-28.19%	-10.26%
Max Drawdown (1Y) Largest decline over 1 year	-12.99%	-15.79%	+2.80%
Max Drawdown (3Y) Largest decline over 3 years	-27.02%	-28.19%	+1.17%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.45%	—	—
Current Drawdown Current decline from peak	-0.09%	-3.63%	+3.54%
Average Drawdown Average peak-to-trough decline	-8.36%	-4.97%	-3.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.90%	5.99%	-1.09%

Volatility

SPYK.DE vs. WDTE.DE - Volatility Comparison

SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) has a higher volatility of 10.31% compared to Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) at 8.26%. This indicates that SPYK.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.

Volatility by Period

	SPYK.DE	WDTE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.31%	8.26%	+2.05%
Volatility (6M) Calculated over the trailing 6-month period	20.95%	15.09%	+5.86%
Volatility (1Y) Calculated over the trailing 1-year period	25.88%	19.51%	+6.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.86%	21.74%	+4.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.18%	21.74%	+2.44%

SPYK.DE vs. WDTE.DE - Expense Ratio Comparison

Both SPYK.DE and WDTE.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SPYK.DE vs. WDTE.DE - Dividend Comparison

Neither SPYK.DE nor WDTE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SPYK.DE and WDTE.DE in my portfolio?

SPYK.DE and WDTE.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPYK.DE or WDTE.DE?

Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPYK.DE or WDTE.DE?

SPYK.DE and WDTE.DE have the same expense ratio: 0.18% per year.

What is the main difference between SPYK.DE and WDTE.DE?

SPYK.DE tracks MSCI Europe Information Technology 20/35 Capped, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. They also come from different issuers: State Street and Invesco.