WDTE.DE vs. IEVD.DE
WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) and IEVD.DE (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) are both Technology Equities funds - WDTE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology while IEVD.DE tracks the STOXX® Global Electric Vehicles & Driving Technology. Both are passively managed. Over the past 3 years, WDTE.DE returned 25.83%/yr vs 23.68%/yr for IEVD.DE. A 0.64 correlation means they provide meaningful diversification when combined. WDTE.DE charges 0.18%/yr vs 0.40%/yr for IEVD.DE.
Performance
WDTE.DE vs. IEVD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WDTE.DE achieves a 18.32% return, which is significantly lower than IEVD.DE's 58.66% return.
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
IEVD.DE
- 1D
- -1.86%
- 1M
- 20.81%
- YTD
- 58.66%
- 6M
- 58.40%
- 1Y
- 88.90%
- 3Y*
- 23.68%
- 5Y*
- 13.50%
- 10Y*
- —
WDTE.DE vs. IEVD.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% |
IEVD.DE iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 58.66% | 10.81% | 5.27% | 7.48% |
Correlation
The correlation between WDTE.DE and IEVD.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.64 |
The correlation between WDTE.DE and IEVD.DE has been stable across timeframes, ranging from 0.64 to 0.66 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WDTE.DE vs. IEVD.DE — Risk / Return Rank
WDTE.DE
IEVD.DE
WDTE.DE vs. IEVD.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 Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.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 | IEVD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.53 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 4.17 | -1.85 |
| Martin ratioReturn relative to average drawdown | 6.14 | 9.74 | -3.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WDTE.DE | IEVD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 2.71 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.44 | 0.61 | +0.83 |
Drawdowns
WDTE.DE vs. IEVD.DE - Drawdown Comparison
The maximum WDTE.DE drawdown since its inception was -28.19%, smaller than the maximum IEVD.DE drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for WDTE.DE and IEVD.DE.
Loading charts...
Drawdown Indicators
| WDTE.DE | IEVD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.19% | -42.37% | +14.18% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -21.18% | +5.39% |
Max Drawdown (3Y)Largest decline over 3 years | -28.19% | -30.23% | +2.04% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.39% | — |
Current DrawdownCurrent decline from peak | -3.63% | -1.86% | -1.77% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -10.27% | +5.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 9.09% | -3.10% |
Volatility
WDTE.DE vs. IEVD.DE - Volatility Comparison
The current volatility for Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) is 8.26%, while iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) has a volatility of 11.17%. This indicates that WDTE.DE experiences smaller price fluctuations and is considered to be less risky than IEVD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WDTE.DE | IEVD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 11.17% | -2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 15.09% | 19.50% | -4.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.51% | 32.58% | -13.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 24.27% | -2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 25.27% | -3.53% |
WDTE.DE vs. IEVD.DE - Expense Ratio Comparison
WDTE.DE has a 0.18% expense ratio, which is lower than IEVD.DE's 0.40% expense ratio.
Dividends
WDTE.DE vs. IEVD.DE - Dividend Comparison
Neither WDTE.DE nor IEVD.DE has paid dividends to shareholders.
Frequently Asked Questions
WDTE.DE and IEVD.DE have a correlation of 0.66, 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 0.40% for IEVD.DE.
WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology, while IEVD.DE tracks STOXX® Global Electric Vehicles & Driving Technology. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.18% for WDTE.DE and 0.40% for IEVD.DE.
Find the right allocation for WDTE.DE and IEVD.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer