WDTE.L vs. ESGB.L
WDTE.L (Invesco S&P World Information Technology ESG UCITS ETF Acc) and ESGB.L (VanEck Vectors Video Gaming and eSports UCITS ETF A USD) are both Technology Equities funds - WDTE.L tracks the S&P World ESG Enhanced Information Technology Index while ESGB.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, WDTE.L returned 23.22%/yr vs 17.48%/yr for ESGB.L. A 0.58 correlation means they provide meaningful diversification when combined. WDTE.L charges 0.18%/yr vs 0.55%/yr for ESGB.L.
Performance
WDTE.L vs. ESGB.L - Performance Comparison
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Different Trading Currencies
WDTE.L is traded in USD, while ESGB.L is traded in GBP. To make them comparable, the ESGB.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDTE.L achieves a 8.48% return, which is significantly higher than ESGB.L's -12.69% return.
WDTE.L
- 1D
- 0.00%
- 1M
- -4.11%
- 6M
- 9.36%
- YTD
- 8.48%
- 1Y
- 18.33%
- 3Y*
- 23.22%
- 5Y*
- —
- 10Y*
- —
ESGB.L
- 1D
- -1.38%
- 1M
- 2.77%
- 6M
- -14.09%
- YTD
- -12.69%
- 1Y
- -14.25%
- 3Y*
- 17.48%
- 5Y*
- 7.65%
- 10Y*
- —
WDTE.L vs. ESGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDTE.L Invesco S&P World Information Technology ESG UCITS ETF Acc | 8.48% | 18.89% | 34.72% | 34.92% |
ESGB.L VanEck Vectors Video Gaming and eSports UCITS ETF A USD | -12.69% | 27.57% | 48.59% | 8.93% |
Correlation
The correlation between WDTE.L and ESGB.L is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2023 | 0.58 |
The correlation between WDTE.L and ESGB.L has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.
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Return for Risk
WDTE.L vs. ESGB.L — Risk / Return Rank
WDTE.L
ESGB.L
WDTE.L vs. ESGB.L - 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.L) and VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L). 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.L | ESGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.88 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | -0.49 | +1.56 |
| Martin ratioReturn relative to average drawdown | 2.84 | -0.81 | +3.65 |
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Drawdowns
WDTE.L vs. ESGB.L - Drawdown Comparison
The maximum WDTE.L drawdown since its inception was -25.54%, smaller than the maximum ESGB.L drawdown of -50.84%. Use the drawdown chart below to compare losses from any high point for WDTE.L and ESGB.L.
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Drawdown Indicators
| WDTE.L | ESGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.54% | -50.84% | +25.30% |
Max Drawdown (1Y)Largest decline over 1 year | -17.07% | -29.21% | +12.14% |
Max Drawdown (3Y)Largest decline over 3 years | -25.54% | -29.21% | +3.67% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.59% | — |
Current DrawdownCurrent decline from peak | -10.79% | -24.49% | +13.70% |
Average DrawdownAverage peak-to-trough decline | -4.41% | -16.43% | +12.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.43% | 17.65% | -11.22% |
Volatility
WDTE.L vs. ESGB.L - Volatility Comparison
Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.L) has a higher volatility of 7.59% compared to VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L) at 5.34%. This indicates that WDTE.L's price experiences larger fluctuations and is considered to be riskier than ESGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDTE.L | ESGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.59% | 5.34% | +2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 18.01% | 14.82% | +3.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.47% | 18.32% | +3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.08% | 23.96% | -1.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.08% | 24.31% | -2.23% |
WDTE.L vs. ESGB.L - Expense Ratio Comparison
WDTE.L has a 0.18% expense ratio, which is lower than ESGB.L's 0.55% expense ratio.
Dividends
WDTE.L vs. ESGB.L - Dividend Comparison
Neither WDTE.L nor ESGB.L has paid dividends to shareholders.
Frequently Asked Questions
WDTE.L and ESGB.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.L is cheaper with a 0.18% expense ratio, compared with 0.55% for ESGB.L.
WDTE.L tracks S&P World ESG Enhanced Information Technology Index, while ESGB.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.18% for WDTE.L and 0.55% for ESGB.L.
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