USPY.DE vs. WDTE.DE
USPY.DE (L&G Cyber Security UCITS ETF) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both Technology Equities funds - USPY.DE tracks the ISE Cyber Security UCITS while WDTE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, USPY.DE returned 29.09%/yr vs 23.37%/yr for WDTE.DE. A 0.59 correlation means they provide meaningful diversification when combined. USPY.DE charges 0.69%/yr vs 0.18%/yr for WDTE.DE.
Performance
USPY.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, USPY.DE achieves a 50.00% return, which is significantly higher than WDTE.DE's 14.23% return.
USPY.DE
- 1D
- -2.33%
- 1M
- 12.89%
- 6M
- 52.71%
- YTD
- 50.00%
- 1Y
- 47.44%
- 3Y*
- 29.09%
- 5Y*
- 13.29%
- 10Y*
- 16.90%
WDTE.DE
- 1D
- 0.00%
- 1M
- -1.48%
- 6M
- 15.60%
- YTD
- 14.23%
- 1Y
- 24.13%
- 3Y*
- 23.37%
- 5Y*
- —
- 10Y*
- —
USPY.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
USPY.DE L&G Cyber Security UCITS ETF | 50.00% | -3.39% | 24.34% | 24.63% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 14.23% | 6.19% | 42.11% | 32.50% |
Correlation
The correlation between USPY.DE and WDTE.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.59 |
The correlation between USPY.DE and WDTE.DE shifts across timeframes, from 0.50 (1 year) to 0.61 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
USPY.DE vs. WDTE.DE — Risk / Return Rank
USPY.DE
WDTE.DE
USPY.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Cyber Security UCITS ETF (USPY.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USPY.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 1.54 | +0.87 |
| Martin ratioReturn relative to average drawdown | 6.39 | 3.73 | +2.66 |
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Drawdowns
USPY.DE vs. WDTE.DE - Drawdown Comparison
The maximum USPY.DE drawdown since its inception was -36.25%, 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 USPY.DE and WDTE.DE.
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Drawdown Indicators
| USPY.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.25% | -28.19% | -8.06% |
Max Drawdown (1Y)Largest decline over 1 year | -19.61% | -15.79% | -3.82% |
Max Drawdown (3Y)Largest decline over 3 years | -30.52% | -28.19% | -2.33% |
Max Drawdown (5Y)Largest decline over 5 years | -33.89% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.89% | — | — |
Current DrawdownCurrent decline from peak | -2.33% | -6.96% | +4.63% |
Average DrawdownAverage peak-to-trough decline | -10.87% | -5.05% | -5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.40% | 6.49% | +0.91% |
Volatility
USPY.DE vs. WDTE.DE - Volatility Comparison
L&G Cyber Security UCITS ETF (USPY.DE) has a higher volatility of 10.41% compared to Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) at 6.64%. This indicates that USPY.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
| USPY.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.41% | 6.64% | +3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 25.30% | 16.76% | +8.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.56% | 21.13% | +7.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.15% | 21.89% | +3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.75% | 21.89% | +1.86% |
USPY.DE vs. WDTE.DE - Expense Ratio Comparison
USPY.DE has a 0.69% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio.
Dividends
USPY.DE vs. WDTE.DE - Dividend Comparison
Neither USPY.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
USPY.DE and WDTE.DE have a correlation of 0.50, 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 USPY.DE.
USPY.DE tracks ISE Cyber Security UCITS, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. They also come from different issuers: Legal & General and Invesco. Their fees differ too: 0.69% for USPY.DE and 0.18% for WDTE.DE.
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