WDNR.DE vs. WELN.DE
WDNR.DE (Amundi Global BioEnergy ESG Screened UCITS ETF EUR Acc) and WELN.DE (Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc) are both Energy Equities funds from Amundi - WDNR.DE tracks the Bloomberg BioEnergy ESG while WELN.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Energy. Both are passively managed. Over the past 3 years, WDNR.DE returned 8.76%/yr vs 14.42%/yr for WELN.DE. A 0.66 correlation means they provide meaningful diversification when combined. WDNR.DE charges 0.35%/yr vs 0.18%/yr for WELN.DE.
Performance
WDNR.DE vs. WELN.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with WDNR.DE having a 32.56% return and WELN.DE slightly higher at 33.78%.
WDNR.DE
- 1D
- -1.19%
- 1M
- 2.71%
- YTD
- 32.56%
- 6M
- 30.08%
- 1Y
- 52.59%
- 3Y*
- 8.76%
- 5Y*
- 15.63%
- 10Y*
- 6.68%
WELN.DE
- 1D
- -0.46%
- 1M
- 2.90%
- YTD
- 33.78%
- 6M
- 30.26%
- 1Y
- 43.28%
- 3Y*
- 14.42%
- 5Y*
- —
- 10Y*
- —
WDNR.DE vs. WELN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WDNR.DE Amundi Global BioEnergy ESG Screened UCITS ETF EUR Acc | 32.56% | 10.93% | -16.29% | -1.60% | -0.25% |
WELN.DE Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc | 33.78% | -1.37% | 8.67% | -0.46% | 6.24% |
Correlation
The correlation between WDNR.DE and WELN.DE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.66 |
The correlation between WDNR.DE and WELN.DE has been stable across timeframes, ranging from 0.57 to 0.66 - a consistent structural relationship.
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Return for Risk
WDNR.DE vs. WELN.DE — Risk / Return Rank
WDNR.DE
WELN.DE
WDNR.DE vs. WELN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global BioEnergy ESG Screened UCITS ETF EUR Acc (WDNR.DE) and Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.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.
| WDNR.DE | WELN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.37 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 5.91 | 3.44 | +2.47 |
| Martin ratioReturn relative to average drawdown | 24.02 | 11.82 | +12.20 |
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
| WDNR.DE | WELN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.01 | 2.17 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.60 | -0.35 |
Drawdowns
WDNR.DE vs. WELN.DE - Drawdown Comparison
The maximum WDNR.DE drawdown since its inception was -62.27%, which is greater than WELN.DE's maximum drawdown of -23.29%. Use the drawdown chart below to compare losses from any high point for WDNR.DE and WELN.DE.
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Drawdown Indicators
| WDNR.DE | WELN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.27% | -23.29% | -38.98% |
Max Drawdown (1Y)Largest decline over 1 year | -8.85% | -12.35% | +3.50% |
Max Drawdown (3Y)Largest decline over 3 years | -34.75% | -23.29% | -11.46% |
Max Drawdown (5Y)Largest decline over 5 years | -40.22% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -61.84% | — | — |
Current DrawdownCurrent decline from peak | -1.19% | -4.95% | +3.76% |
Average DrawdownAverage peak-to-trough decline | -16.70% | -7.87% | -8.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 3.60% | -1.42% |
Volatility
WDNR.DE vs. WELN.DE - Volatility Comparison
The current volatility for Amundi Global BioEnergy ESG Screened UCITS ETF EUR Acc (WDNR.DE) is 4.95%, while Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.DE) has a volatility of 6.50%. This indicates that WDNR.DE experiences smaller price fluctuations and is considered to be less risky than WELN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDNR.DE | WELN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 6.50% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 13.82% | 16.38% | -2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.36% | 19.61% | -2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.68% | 19.90% | +2.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.02% | 19.90% | +7.12% |
WDNR.DE vs. WELN.DE - Expense Ratio Comparison
WDNR.DE has a 0.35% expense ratio, which is higher than WELN.DE's 0.18% expense ratio.
Dividends
WDNR.DE vs. WELN.DE - Dividend Comparison
Neither WDNR.DE nor WELN.DE has paid dividends to shareholders.
Frequently Asked Questions
WDNR.DE and WELN.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELN.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELN.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for WDNR.DE.
WDNR.DE tracks Bloomberg BioEnergy ESG, while WELN.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Energy. Their fees differ too: 0.35% for WDNR.DE and 0.18% for WELN.DE.
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