WDEE.DE vs. WELP.DE

Last updated Jun 5, 2026

WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) and WELP.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Energy Equities funds - WDEE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy while WELP.DE tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, WDEE.DE returned 16.13%/yr vs 14.42%/yr for WELP.DE. With a 0.96 correlation, they move nearly in lockstep. WDEE.DE charges 0.18%/yr vs 0.59%/yr for WELP.DE.

Performance

WDEE.DE vs. WELP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with WDEE.DE having a 33.31% return and WELP.DE slightly higher at 34.22%.

WDEE.DE

• 1D: 2.19%
• 1M: -0.24%
• YTD: 33.31%
• 6M: 28.72%
• 1Y: 38.58%
• 3Y*: 16.13%
• 5Y*: —
• 10Y*: —

WELP.DE

• 1D: -0.43%
• 1M: -0.84%
• YTD: 34.22%
• 6M: 30.47%
• 1Y: 42.64%
• 3Y*: 14.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WDEE.DE vs. WELP.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%
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF	34.22%	-1.54%	7.90%	0.11%

Correlation

The correlation between WDEE.DE and WELP.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023	0.96

The correlation between WDEE.DE and WELP.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

WDEE.DE vs. WELP.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WDEE.DE

WDEE.DE Risk / Return Rank: 53
WDEE.DE Sharpe Ratio Rank: 52
WDEE.DE Sortino Ratio Rank: 48
WDEE.DE Omega Ratio Rank: 50
WDEE.DE Calmar Ratio Rank: 60
WDEE.DE Martin Ratio Rank: 55

WELP.DE

WELP.DE Risk / Return Rank: 66
WELP.DE Sharpe Ratio Rank: 68
WELP.DE Sortino Ratio Rank: 60
WELP.DE Omega Ratio Rank: 64
WELP.DE Calmar Ratio Rank: 71
WELP.DE Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WDEE.DE vs. WELP.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 HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.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	WELP.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.75	2.21	-0.46
Sortino ratio: Return per unit of downside risk	2.29	2.80	-0.51
Omega ratio: Gain probability vs. loss probability	1.31	1.38	-0.07
Calmar ratio: Return relative to maximum drawdown	2.94	3.47	-0.53
Martin ratio: Return relative to average drawdown	9.51	11.93	-2.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WDEE.DE vs. WELP.DE - Sharpe Ratio Comparison

The current WDEE.DE Sharpe Ratio is 1.75, which is comparable to the WELP.DE Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of WDEE.DE and WELP.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WDEE.DE	WELP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	2.21	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.61	+0.08

Drawdowns

WDEE.DE vs. WELP.DE - Drawdown Comparison

The maximum WDEE.DE drawdown since its inception was -23.77%, roughly equal to the maximum WELP.DE drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for WDEE.DE and WELP.DE.

Drawdown Indicators

	WDEE.DE	WELP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.77%	-23.55%	-0.22%
Max Drawdown (1Y) Largest decline over 1 year	-12.42%	-12.22%	-0.20%
Max Drawdown (3Y) Largest decline over 3 years	-23.77%	-23.55%	-0.22%
Current Drawdown Current decline from peak	-4.37%	-4.77%	+0.40%
Average Drawdown Average peak-to-trough decline	-7.19%	-7.88%	+0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.85%	3.56%	+0.29%

Volatility

WDEE.DE vs. WELP.DE - Volatility Comparison

Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) has a higher volatility of 7.54% compared to HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) at 6.37%. This indicates that WDEE.DE's price experiences larger fluctuations and is considered to be riskier than WELP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WDEE.DE	WELP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	6.37%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	17.53%	16.27%	+1.26%
Volatility (1Y) Calculated over the trailing 1-year period	20.89%	19.25%	+1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.94%	19.61%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.94%	19.61%	+0.33%

WDEE.DE vs. WELP.DE - Expense Ratio Comparison

WDEE.DE has a 0.18% expense ratio, which is lower than WELP.DE's 0.59% expense ratio.

Dividends

WDEE.DE vs. WELP.DE - Dividend Comparison

WDEE.DE has not paid dividends to shareholders, while WELP.DE's dividend yield for the trailing twelve months is around 2.85%.

Position	TTM	2025	2024	2023
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF	2.85%	3.78%	3.64%	0.79%

Frequently Asked Questions

Can I hold both WDEE.DE and WELP.DE in my portfolio?

With a correlation of 0.94, WDEE.DE and WELP.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, WDEE.DE or WELP.DE?

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.

Which ETF is cheaper, WDEE.DE or WELP.DE?

WDEE.DE is cheaper with a 0.18% expense ratio, compared with 0.59% for WELP.DE.

What is the main difference between WDEE.DE and WELP.DE?

WDEE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy, while WELP.DE tracks MSCI World/Energy NR USD. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.18% for WDEE.DE and 0.59% for WELP.DE.