WDTE.DE vs. XDTE
WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) and XDTE (Roundhill S&P 500 0DTE Covered Call Strategy 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 XDTE is a Derivative Income fund actively managed by Roundhill. WDTE.DE is passively managed, while XDTE is actively managed. Over the past year, WDTE.DE returned 36.88% vs 23.67% for XDTE. A 0.55 correlation means they provide meaningful diversification when combined. WDTE.DE charges 0.18%/yr vs 0.97%/yr for XDTE.
Performance
WDTE.DE vs. XDTE - Performance Comparison
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Different Trading Currencies
WDTE.DE is traded in EUR, while XDTE is traded in USD. To make them comparable, the XDTE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDTE.DE achieves a 18.32% return, which is significantly higher than XDTE's 10.36% return.
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
XDTE
- 1D
- 0.13%
- 1M
- 4.21%
- YTD
- 10.36%
- 6M
- 9.36%
- 1Y
- 23.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WDTE.DE vs. XDTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 20.99% |
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF | 10.36% | -0.76% | 23.08% |
Correlation
The correlation between WDTE.DE and XDTE is 0.58, 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 | 0.58 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2024 | 0.55 |
The correlation between WDTE.DE and XDTE has been stable across timeframes, ranging from 0.55 to 0.58 - a consistent structural relationship.
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Return for Risk
WDTE.DE vs. XDTE — Risk / Return Rank
WDTE.DE
XDTE
WDTE.DE vs. XDTE - 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 Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). 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 | XDTE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.38 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 4.04 | -1.72 |
| Martin ratioReturn relative to average drawdown | 6.14 | 14.43 | -8.29 |
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 | XDTE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 2.03 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.44 | 0.91 | +0.53 |
Drawdowns
WDTE.DE vs. XDTE - Drawdown Comparison
The maximum WDTE.DE drawdown since its inception was -28.19%, roughly equal to the maximum XDTE drawdown of -26.96%. Use the drawdown chart below to compare losses from any high point for WDTE.DE and XDTE.
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Drawdown Indicators
| WDTE.DE | XDTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.19% | -26.96% | -1.23% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -5.88% | -9.91% |
Max Drawdown (3Y)Largest decline over 3 years | -28.19% | — | — |
Current DrawdownCurrent decline from peak | -3.63% | -0.25% | -3.38% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -5.08% | +0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 1.65% | +4.34% |
Volatility
WDTE.DE vs. XDTE - Volatility Comparison
Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a higher volatility of 8.26% compared to Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 1.86%. This indicates that WDTE.DE's price experiences larger fluctuations and is considered to be riskier than XDTE 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 | XDTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 1.86% | +6.40% |
Volatility (6M)Calculated over the trailing 6-month period | 15.09% | 8.11% | +6.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.51% | 11.71% | +7.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 15.74% | +6.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 15.74% | +6.00% |
WDTE.DE vs. XDTE - Expense Ratio Comparison
WDTE.DE has a 0.18% expense ratio, which is lower than XDTE's 0.97% expense ratio.
Dividends
WDTE.DE vs. XDTE - Dividend Comparison
WDTE.DE has not paid dividends to shareholders, while XDTE's dividend yield for the trailing twelve months is around 33.55%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% |
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF | 33.55% | 39.16% | 20.35% |
Frequently Asked Questions
WDTE.DE and XDTE have a correlation of 0.58, 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 0.97% for XDTE.
WDTE.DE is categorized as Technology Equities, while XDTE is Derivative Income. They also come from different issuers: Invesco and Roundhill. Their fees differ too: 0.18% for WDTE.DE and 0.97% for XDTE.
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