WDEE.DE vs. ^GSPC
WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) is Energy Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy, while ^GSPC (S&P 500 Index) is an index. Over the past 3 years, WDEE.DE returned 14.60%/yr vs 17.51%/yr for ^GSPC. At a 0.11 correlation, their price movements are largely independent.
Performance
WDEE.DE vs. ^GSPC - Performance Comparison
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Different Trading Currencies
WDEE.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDEE.DE achieves a 31.83% return, which is significantly higher than ^GSPC's 12.95% return.
WDEE.DE
- 1D
- 0.00%
- 1M
- 4.36%
- 6M
- 25.98%
- YTD
- 31.83%
- 1Y
- 35.73%
- 3Y*
- 14.60%
- 5Y*
- —
- 10Y*
- —
^GSPC
- 1D
- 0.00%
- 1M
- 2.03%
- 6M
- 10.02%
- YTD
- 12.95%
- 1Y
- 21.20%
- 3Y*
- 17.51%
- 5Y*
- 12.42%
- 10Y*
- 12.86%
WDEE.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc | 31.83% | -2.96% | 9.29% | 5.78% |
^GSPC S&P 500 Index | 11.87% | 2.58% | 31.45% | 14.84% |
Correlation
The correlation between WDEE.DE and ^GSPC is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.11 |
The correlation between WDEE.DE and ^GSPC shifts across timeframes, from -0.07 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WDEE.DE vs. ^GSPC — Risk / Return Rank
WDEE.DE
^GSPC
WDEE.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) and S&P 500 Index (^GSPC). 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.
| WDEE.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.31 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 2.81 | -0.33 |
| Martin ratioReturn relative to average drawdown | 5.08 | 10.39 | -5.32 |
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Drawdowns
WDEE.DE vs. ^GSPC - Drawdown Comparison
The maximum WDEE.DE drawdown since its inception was -23.77%, smaller than the maximum ^GSPC drawdown of -50.84%. Use the drawdown chart below to compare losses from any high point for WDEE.DE and ^GSPC.
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Drawdown Indicators
| WDEE.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.77% | -50.84% | +27.07% |
Max Drawdown (1Y)Largest decline over 1 year | -14.37% | -7.57% | -6.80% |
Max Drawdown (3Y)Largest decline over 3 years | -23.77% | -23.99% | +0.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | -5.43% | -0.80% | -4.63% |
Average DrawdownAverage peak-to-trough decline | -7.23% | -8.77% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.04% | 2.05% | +4.99% |
Volatility
WDEE.DE vs. ^GSPC - Volatility Comparison
Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) has a higher volatility of 5.35% compared to S&P 500 Index (^GSPC) at 2.61%. This indicates that WDEE.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDEE.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 2.61% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 18.22% | 9.16% | +9.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.72% | 12.61% | +16.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 16.84% | +5.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.73% | 18.60% | +4.13% |
Frequently Asked Questions
WDEE.DE and ^GSPC have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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