WDEE.DE vs. QCLN.DE
WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) and QCLN.DE (First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc) are both Energy Equities funds - WDEE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy while QCLN.DE tracks the S&P Global Clean Energy TR USD. Both are passively managed. Over the past 3 years, WDEE.DE returned 16.13%/yr vs 8.07%/yr for QCLN.DE. At a 0.20 correlation, their price movements are largely independent. WDEE.DE charges 0.18%/yr vs 0.60%/yr for QCLN.DE.
Performance
WDEE.DE vs. QCLN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WDEE.DE achieves a 33.31% return, which is significantly lower than QCLN.DE's 49.11% return.
WDEE.DE
- 1D
- 2.19%
- 1M
- -0.24%
- YTD
- 33.31%
- 6M
- 28.72%
- 1Y
- 38.58%
- 3Y*
- 16.13%
- 5Y*
- —
- 10Y*
- —
QCLN.DE
- 1D
- -1.82%
- 1M
- 14.31%
- YTD
- 49.11%
- 6M
- 47.01%
- 1Y
- 111.97%
- 3Y*
- 8.07%
- 5Y*
- 2.29%
- 10Y*
- —
WDEE.DE vs. QCLN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc | 33.31% | -2.96% | 9.29% | 6.37% |
QCLN.DE First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc | 49.11% | 16.50% | -14.54% | -14.56% |
Correlation
The correlation between WDEE.DE and QCLN.DE is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.20 |
The correlation between WDEE.DE and QCLN.DE shifts across timeframes, from -0.02 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WDEE.DE vs. QCLN.DE — Risk / Return Rank
WDEE.DE
QCLN.DE
WDEE.DE vs. QCLN.DE - 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 First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.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.
| WDEE.DE | QCLN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.44 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | 7.93 | -4.99 |
| Martin ratioReturn relative to average drawdown | 9.51 | 24.33 | -14.82 |
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
| WDEE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 3.20 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | -0.08 | +0.77 |
Drawdowns
WDEE.DE vs. QCLN.DE - Drawdown Comparison
The maximum WDEE.DE drawdown since its inception was -23.77%, smaller than the maximum QCLN.DE drawdown of -69.59%. Use the drawdown chart below to compare losses from any high point for WDEE.DE and QCLN.DE.
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Drawdown Indicators
| WDEE.DE | QCLN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.77% | -69.59% | +45.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -14.04% | +1.62% |
Max Drawdown (3Y)Largest decline over 3 years | -23.77% | -56.68% | +32.91% |
Max Drawdown (5Y)Largest decline over 5 years | — | -69.59% | — |
Current DrawdownCurrent decline from peak | -4.37% | -20.21% | +15.84% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -39.08% | +31.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 4.59% | -0.74% |
Volatility
WDEE.DE vs. QCLN.DE - Volatility Comparison
The current volatility for Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) is 7.54%, while First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.DE) has a volatility of 14.59%. This indicates that WDEE.DE experiences smaller price fluctuations and is considered to be less risky than QCLN.DE 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 | QCLN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 14.59% | -7.05% |
Volatility (6M)Calculated over the trailing 6-month period | 17.53% | 24.80% | -7.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.89% | 34.84% | -13.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.94% | 36.29% | -16.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.94% | 36.76% | -16.82% |
WDEE.DE vs. QCLN.DE - Expense Ratio Comparison
WDEE.DE has a 0.18% expense ratio, which is lower than QCLN.DE's 0.60% expense ratio.
Dividends
WDEE.DE vs. QCLN.DE - Dividend Comparison
Neither WDEE.DE nor QCLN.DE has paid dividends to shareholders.
Frequently Asked Questions
WDEE.DE and QCLN.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDEE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDEE.DE is cheaper with a 0.18% expense ratio, compared with 0.60% for QCLN.DE.
WDEE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy, while QCLN.DE tracks S&P Global Clean Energy TR USD. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.18% for WDEE.DE and 0.60% for QCLN.DE.
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