SPYT.DE vs. WELX.DE
SPYT.DE (SPDR MSCI Europe Communication Services UCITS ETF) and WELX.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc) are both Communications Equities funds - SPYT.DE tracks the MSCI Europe Communication Services 20/35 Capped while WELX.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 21.53%/yr for WELX.DE. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
SPYT.DE vs. WELX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYT.DE achieves a 3.11% return, which is significantly higher than WELX.DE's 2.94% return.
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%
WELX.DE
- 1D
- 0.98%
- 1M
- 0.71%
- YTD
- 2.94%
- 6M
- 1.20%
- 1Y
- 21.17%
- 3Y*
- 21.53%
- 5Y*
- —
- 10Y*
- —
SPYT.DE vs. WELX.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% |
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | 2.94% | 16.08% | 35.06% | 46.63% | -6.87% |
Correlation
The correlation between SPYT.DE and WELX.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 | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.36 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPYT.DE vs. WELX.DE — Risk / Return Rank
SPYT.DE
WELX.DE
SPYT.DE vs. WELX.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 Acc (WELX.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 | WELX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.65 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.23 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 1.42 | -1.93 |
| Martin ratioReturn relative to average drawdown | -0.97 | 4.34 | -5.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SPYT.DE | WELX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | 1.33 | -1.91 |
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 | 1.30 | -1.07 |
Drawdowns
SPYT.DE vs. WELX.DE - Drawdown Comparison
The maximum SPYT.DE drawdown since its inception was -49.63%, which is greater than WELX.DE's maximum drawdown of -25.19%. Use the drawdown chart below to compare losses from any high point for SPYT.DE and WELX.DE.
Loading charts...
Drawdown Indicators
| SPYT.DE | WELX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -25.19% | -24.44% |
Max Drawdown (1Y)Largest decline over 1 year | -14.98% | -14.88% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -14.98% | -25.19% | +10.21% |
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% | -2.38% | -6.08% |
Average DrawdownAverage peak-to-trough decline | -18.83% | -4.32% | -14.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.65% | 4.86% | +2.79% |
Volatility
SPYT.DE vs. WELX.DE - Volatility Comparison
SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) have volatilities of 4.21% and 4.16%, 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.
Loading charts...
Volatility by Period
| SPYT.DE | WELX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 4.16% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.43% | 10.85% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 15.84% | -2.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.48% | 18.43% | -4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 18.43% | -2.76% |
SPYT.DE vs. WELX.DE - Expense Ratio Comparison
Both SPYT.DE and WELX.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. WELX.DE - Dividend Comparison
Neither SPYT.DE nor WELX.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYT.DE and WELX.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.
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 WELX.DE have the same expense ratio: 0.18% per year.
SPYT.DE tracks MSCI Europe Communication Services 20/35 Capped, while WELX.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. They also come from different issuers: State Street and Amundi.
Find the right allocation for SPYT.DE and WELX.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer