WDTE.DE vs. ESIT.DE
WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) and ESIT.DE (iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc)) are both Technology Equities funds - WDTE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology while ESIT.DE tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, WDTE.DE returned 25.83%/yr vs 24.73%/yr for ESIT.DE. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
WDTE.DE vs. ESIT.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WDTE.DE achieves a 18.32% return, which is significantly lower than ESIT.DE's 52.07% return.
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
ESIT.DE
- 1D
- 0.17%
- 1M
- 20.56%
- YTD
- 52.07%
- 6M
- 49.22%
- 1Y
- 61.87%
- 3Y*
- 24.73%
- 5Y*
- 15.04%
- 10Y*
- —
WDTE.DE vs. ESIT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
ESIT.DE iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) | 52.07% | 10.07% | 7.34% | 15.96% |
Correlation
The correlation between WDTE.DE and ESIT.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.69 |
The correlation between WDTE.DE and ESIT.DE has been stable across timeframes, ranging from 0.69 to 0.70 - a consistent structural relationship.
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Return for Risk
WDTE.DE vs. ESIT.DE — Risk / Return Rank
WDTE.DE
ESIT.DE
WDTE.DE vs. ESIT.DE - Risk-Adjusted Trends 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 iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.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.
| WDTE.DE | ESIT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.39 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 4.72 | -2.40 |
| Martin ratioReturn relative to average drawdown | 6.14 | 12.60 | -6.46 |
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
| WDTE.DE | ESIT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 2.38 | -0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.44 | 0.72 | +0.72 |
Drawdowns
WDTE.DE vs. ESIT.DE - Drawdown Comparison
The maximum WDTE.DE drawdown since its inception was -28.19%, smaller than the maximum ESIT.DE drawdown of -38.33%. Use the drawdown chart below to compare losses from any high point for WDTE.DE and ESIT.DE.
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Drawdown Indicators
| WDTE.DE | ESIT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.19% | -38.33% | +10.14% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -13.03% | -2.76% |
Max Drawdown (3Y)Largest decline over 3 years | -28.19% | -27.10% | -1.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.33% | — |
Current DrawdownCurrent decline from peak | -3.63% | -0.39% | -3.24% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -12.02% | +7.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 4.90% | +1.09% |
Volatility
WDTE.DE vs. ESIT.DE - Volatility Comparison
The current volatility for Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) is 8.26%, while iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) has a volatility of 10.57%. This indicates that WDTE.DE experiences smaller price fluctuations and is considered to be less risky than ESIT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDTE.DE | ESIT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 10.57% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 15.09% | 21.01% | -5.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.51% | 25.89% | -6.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 25.75% | -4.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 25.30% | -3.56% |
WDTE.DE vs. ESIT.DE - Expense Ratio Comparison
Both WDTE.DE and ESIT.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
WDTE.DE vs. ESIT.DE - Dividend Comparison
Neither WDTE.DE nor ESIT.DE has paid dividends to shareholders.
Frequently Asked Questions
WDTE.DE and ESIT.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE and ESIT.DE have the same expense ratio: 0.18% per year.
WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology, while ESIT.DE tracks MSCI World/Information Tech NR USD. They also come from different issuers: Invesco and iShares.
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