WDEE.DE vs. ICVT
Compare and contrast key facts about Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) and iShares Convertible Bond ETF (ICVT).
WDEE.DE and ICVT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WDEE.DE is a passively managed fund by Invesco that tracks the performance of the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. It was launched on Apr 12, 2023. ICVT is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Convertible Cash Pay Bond > $250MM Index. It was launched on Jun 2, 2015. Both WDEE.DE and ICVT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WDEE.DE or ICVT.
Correlation
The correlation between WDEE.DE and ICVT is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WDEE.DE vs. ICVT - Performance Comparison
Key characteristics
WDEE.DE:
1.13
ICVT:
1.78
WDEE.DE:
1.65
ICVT:
2.49
WDEE.DE:
1.21
ICVT:
1.31
WDEE.DE:
1.67
ICVT:
0.69
WDEE.DE:
3.84
ICVT:
8.53
WDEE.DE:
4.84%
ICVT:
1.81%
WDEE.DE:
16.45%
ICVT:
8.71%
WDEE.DE:
-11.15%
ICVT:
-33.25%
WDEE.DE:
-3.89%
ICVT:
-7.81%
Returns By Period
In the year-to-date period, WDEE.DE achieves a 8.06% return, which is significantly higher than ICVT's 4.59% return.
WDEE.DE
8.06%
-2.74%
12.48%
17.87%
N/A
N/A
ICVT
4.59%
2.11%
11.48%
16.39%
9.34%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WDEE.DE vs. ICVT - Expense Ratio Comparison
WDEE.DE has a 0.18% expense ratio, which is lower than ICVT's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
WDEE.DE vs. ICVT — Risk-Adjusted Performance Rank
WDEE.DE
ICVT
WDEE.DE vs. ICVT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) and iShares Convertible Bond ETF (ICVT). 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.
Dividends
WDEE.DE vs. ICVT - Dividend Comparison
WDEE.DE has not paid dividends to shareholders, while ICVT's dividend yield for the trailing twelve months is around 2.12%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICVT iShares Convertible Bond ETF | 2.12% | 2.19% | 1.84% | 1.93% | 7.70% | 3.98% | 1.86% | 4.82% | 2.56% | 3.06% | 1.57% |
Drawdowns
WDEE.DE vs. ICVT - Drawdown Comparison
The maximum WDEE.DE drawdown since its inception was -11.15%, smaller than the maximum ICVT drawdown of -33.25%. Use the drawdown chart below to compare losses from any high point for WDEE.DE and ICVT. For additional features, visit the drawdowns tool.
Volatility
WDEE.DE vs. ICVT - Volatility Comparison
Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) has a higher volatility of 3.94% compared to iShares Convertible Bond ETF (ICVT) at 1.96%. This indicates that WDEE.DE's price experiences larger fluctuations and is considered to be riskier than ICVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.