WDTE.DE vs. SPYK.DE
WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) and SPYK.DE (SPDR MSCI Europe Technology UCITS ETF) are both Technology Equities funds - WDTE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology while SPYK.DE tracks the MSCI Europe Information Technology 20/35 Capped. Both are passively managed. Over the past 3 years, WDTE.DE returned 24.63%/yr vs 23.27%/yr for SPYK.DE. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
WDTE.DE vs. SPYK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WDTE.DE achieves a 13.35% return, which is significantly lower than SPYK.DE's 41.03% return.
WDTE.DE
- 1D
- 0.00%
- 1M
- 0.80%
- YTD
- 13.35%
- 6M
- 13.96%
- 1Y
- 28.34%
- 3Y*
- 24.63%
- 5Y*
- —
- 10Y*
- —
SPYK.DE
- 1D
- -2.16%
- 1M
- 1.91%
- YTD
- 41.03%
- 6M
- 42.78%
- 1Y
- 53.66%
- 3Y*
- 23.27%
- 5Y*
- 12.95%
- 10Y*
- 16.42%
WDTE.DE vs. SPYK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 13.35% | 6.19% | 42.11% | 32.50% |
SPYK.DE SPDR MSCI Europe Technology UCITS ETF | 41.03% | 10.46% | 8.46% | 14.42% |
Correlation
The correlation between WDTE.DE and SPYK.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 17, 2023 | 0.70 |
The correlation between WDTE.DE and SPYK.DE has been stable across timeframes, ranging from 0.70 to 0.70 - a consistent structural relationship.
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Return for Risk
WDTE.DE vs. SPYK.DE — Risk / Return Rank
WDTE.DE
SPYK.DE
WDTE.DE vs. SPYK.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 SPDR MSCI Europe Technology UCITS ETF (SPYK.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WDTE.DE | SPYK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.33 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 4.20 | -2.39 |
| Martin ratioReturn relative to average drawdown | 4.56 | 11.10 | -6.54 |
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Drawdowns
WDTE.DE vs. SPYK.DE - Drawdown Comparison
The maximum WDTE.DE drawdown since its inception was -28.19%, smaller than the maximum SPYK.DE drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for WDTE.DE and SPYK.DE.
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Drawdown Indicators
| WDTE.DE | SPYK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.19% | -38.45% | +10.26% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -12.73% | -3.06% |
Max Drawdown (3Y)Largest decline over 3 years | -28.19% | -27.02% | -1.17% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.45% | — |
Current DrawdownCurrent decline from peak | -7.68% | -6.12% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -5.00% | -8.54% | +3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.23% | 4.82% | +1.41% |
Volatility
WDTE.DE vs. SPYK.DE - Volatility Comparison
The current volatility for Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) is 8.65%, while SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) has a volatility of 9.45%. This indicates that WDTE.DE experiences smaller price fluctuations and is considered to be less risky than SPYK.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 | SPYK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.65% | 9.45% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 16.20% | 22.13% | -5.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.64% | 26.73% | -6.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.86% | 26.03% | -4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.86% | 24.17% | -2.31% |
WDTE.DE vs. SPYK.DE - Expense Ratio Comparison
Both WDTE.DE and SPYK.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. SPYK.DE - Dividend Comparison
Neither WDTE.DE nor SPYK.DE has paid dividends to shareholders.
Frequently Asked Questions
WDTE.DE and SPYK.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 SPYK.DE have the same expense ratio: 0.18% per year.
WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology, while SPYK.DE tracks MSCI Europe Information Technology 20/35 Capped. They also come from different issuers: Invesco and State Street.
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