WDTE.DE vs. FWEA.DE
WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) and FWEA.DE (Invesco FTSE All-World UCITS ETF) are both exchange-traded funds - WDTE.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology, while FWEA.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, WDTE.DE returned 36.88% vs 26.40% for FWEA.DE. A 0.70 correlation means they provide meaningful diversification when combined. WDTE.DE charges 0.18%/yr vs 0.20%/yr for FWEA.DE.
Performance
WDTE.DE vs. FWEA.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 higher than FWEA.DE's 10.64% return.
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
FWEA.DE
- 1D
- -0.24%
- 1M
- 4.41%
- YTD
- 10.64%
- 6M
- 11.85%
- 1Y
- 26.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WDTE.DE vs. FWEA.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% | 12.65% |
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
Correlation
The correlation between WDTE.DE and FWEA.DE is 0.72, 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 | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.70 |
The correlation between WDTE.DE and FWEA.DE has been stable across timeframes, ranging from 0.70 to 0.72 - a consistent structural relationship.
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Return for Risk
WDTE.DE vs. FWEA.DE — Risk / Return Rank
WDTE.DE
FWEA.DE
WDTE.DE vs. FWEA.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 Invesco FTSE All-World UCITS ETF (FWEA.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 | FWEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 3.18 | -0.85 |
| Martin ratioReturn relative to average drawdown | 6.14 | 13.52 | -7.38 |
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 | FWEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 2.30 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.44 | 1.51 | -0.07 |
Drawdowns
WDTE.DE vs. FWEA.DE - Drawdown Comparison
The maximum WDTE.DE drawdown since its inception was -28.19%, which is greater than FWEA.DE's maximum drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for WDTE.DE and FWEA.DE.
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Drawdown Indicators
| WDTE.DE | FWEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.19% | -17.48% | -10.71% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -8.28% | -7.51% |
Max Drawdown (3Y)Largest decline over 3 years | -28.19% | — | — |
Current DrawdownCurrent decline from peak | -3.63% | -0.81% | -2.82% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -1.86% | -3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 1.95% | +4.04% |
Volatility
WDTE.DE vs. FWEA.DE - Volatility Comparison
Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a higher volatility of 8.26% compared to Invesco FTSE All-World UCITS ETF (FWEA.DE) at 3.36%. This indicates that WDTE.DE's price experiences larger fluctuations and is considered to be riskier than FWEA.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 | FWEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 3.36% | +4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 15.09% | 8.93% | +6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.51% | 11.45% | +8.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 12.72% | +9.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 12.72% | +9.02% |
WDTE.DE vs. FWEA.DE - Expense Ratio Comparison
WDTE.DE has a 0.18% expense ratio, which is lower than FWEA.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WDTE.DE vs. FWEA.DE - Dividend Comparison
Neither WDTE.DE nor FWEA.DE has paid dividends to shareholders.
Frequently Asked Questions
WDTE.DE and FWEA.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for FWEA.DE.
WDTE.DE is categorized as Technology Equities, while FWEA.DE is Global Equities. WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology, while FWEA.DE tracks FTSE All-World Index. Their fees differ too: 0.18% for WDTE.DE and 0.20% for FWEA.DE.
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