WDTE.DE vs. CSH2.L
Compare and contrast key facts about Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) and Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L).
WDTE.DE and CSH2.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WDTE.DE is a passively managed fund by Invesco that tracks the performance of the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. It was launched on Apr 12, 2023. CSH2.L is an actively managed fund by Amundi. It was launched on Mar 2, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WDTE.DE or CSH2.L.
Key characteristics
| WDTE.DE | CSH2.L | |
|---|---|---|
| YTD Return | 41.01% | 4.85% |
| 1Y Return | 46.04% | 5.54% |
| Sharpe Ratio | 2.16 | 6.05 |
| Sortino Ratio | 2.77 | 9.62 |
| Omega Ratio | 1.37 | 3.53 |
| Calmar Ratio | 2.73 | 19.11 |
| Martin Ratio | 8.75 | 129.11 |
| Ulcer Index | 5.23% | 0.04% |
| Daily Std Dev | 20.99% | 0.91% |
| Max Drawdown | -16.75% | -0.37% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between WDTE.DE and CSH2.L is 0.23, 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
WDTE.DE vs. CSH2.L - Performance Comparison
In the year-to-date period, WDTE.DE achieves a 41.01% return, which is significantly higher than CSH2.L's 4.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WDTE.DE vs. CSH2.L - Expense Ratio Comparison
WDTE.DE has a 0.18% expense ratio, which is higher than CSH2.L's 0.07% expense ratio. However, 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
WDTE.DE vs. CSH2.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) and Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L). 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
WDTE.DE vs. CSH2.L - Dividend Comparison
Neither WDTE.DE nor CSH2.L has paid dividends to shareholders.
Drawdowns
WDTE.DE vs. CSH2.L - Drawdown Comparison
The maximum WDTE.DE drawdown since its inception was -16.75%, which is greater than CSH2.L's maximum drawdown of -0.37%. Use the drawdown chart below to compare losses from any high point for WDTE.DE and CSH2.L. For additional features, visit the drawdowns tool.
Volatility
WDTE.DE vs. CSH2.L - Volatility Comparison
Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a higher volatility of 5.89% compared to Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) at 2.47%. This indicates that WDTE.DE's price experiences larger fluctuations and is considered to be riskier than CSH2.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.