SPYT.DE vs. WELR.DE
SPYT.DE (SPDR MSCI Europe Communication Services UCITS ETF) and WELR.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist) are both Communications Equities funds - SPYT.DE tracks the MSCI Europe Communication Services 20/35 Capped while WELR.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. Both are passively managed. Over the past 3 years, SPYT.DE returned 10.29%/yr vs 21.51%/yr for WELR.DE. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
SPYT.DE vs. WELR.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SPYT.DE having a 3.11% return and WELR.DE slightly higher at 3.18%.
SPYT.DE
- 1D
- -0.08%
- 1M
- 2.62%
- YTD
- 3.11%
- 6M
- 5.27%
- 1Y
- -7.75%
- 3Y*
- 10.29%
- 5Y*
- 5.43%
- 10Y*
- 1.47%
WELR.DE
- 1D
- 0.97%
- 1M
- 0.72%
- YTD
- 3.18%
- 6M
- 1.21%
- 1Y
- 21.19%
- 3Y*
- 21.51%
- 5Y*
- —
- 10Y*
- —
SPYT.DE vs. WELR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 3.11% | 7.33% | 14.79% | 14.90% | 2.99% |
WELR.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist | 3.18% | 15.85% | 35.02% | 46.75% | -6.91% |
Correlation
The correlation between SPYT.DE and WELR.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.36 |
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Return for Risk
SPYT.DE vs. WELR.DE — Risk / Return Rank
SPYT.DE
WELR.DE
SPYT.DE vs. WELR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist (WELR.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.
| SPYT.DE | WELR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.69 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.23 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 1.44 | -1.95 |
| Martin ratioReturn relative to average drawdown | -0.97 | 4.45 | -5.42 |
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
| SPYT.DE | WELR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | 1.35 | -1.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 1.32 | -1.09 |
Drawdowns
SPYT.DE vs. WELR.DE - Drawdown Comparison
The maximum SPYT.DE drawdown since its inception was -49.63%, which is greater than WELR.DE's maximum drawdown of -25.22%. Use the drawdown chart below to compare losses from any high point for SPYT.DE and WELR.DE.
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Drawdown Indicators
| SPYT.DE | WELR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -25.22% | -24.41% |
Max Drawdown (1Y)Largest decline over 1 year | -14.98% | -14.70% | -0.28% |
Max Drawdown (3Y)Largest decline over 3 years | -14.98% | -25.22% | +10.24% |
Max Drawdown (5Y)Largest decline over 5 years | -20.35% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.09% | — | — |
Current DrawdownCurrent decline from peak | -8.46% | -2.48% | -5.98% |
Average DrawdownAverage peak-to-trough decline | -18.83% | -4.28% | -14.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.65% | 4.75% | +2.90% |
Volatility
SPYT.DE vs. WELR.DE - Volatility Comparison
SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist (WELR.DE) have volatilities of 4.21% and 4.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYT.DE | WELR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 4.20% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.43% | 10.86% | -0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 15.63% | -2.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.48% | 18.26% | -4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 18.26% | -2.59% |
SPYT.DE vs. WELR.DE - Expense Ratio Comparison
Both SPYT.DE and WELR.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
SPYT.DE vs. WELR.DE - Dividend Comparison
SPYT.DE has not paid dividends to shareholders, while WELR.DE's dividend yield for the trailing twelve months is around 0.50%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
WELR.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist | 0.50% | 0.49% | 0.44% | 0.34% |
Frequently Asked Questions
SPYT.DE and WELR.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPYT.DE and WELR.DE have the same expense ratio: 0.18% per year.
SPYT.DE tracks MSCI Europe Communication Services 20/35 Capped, while WELR.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. They also come from different issuers: State Street and Amundi.
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