WEBA.DE vs. ^GSPC
WEBA.DE (Amundi US Tech 100 Equal Weight UCITS ETF USD D) is Technology Equities fund tracking the Solactive United States Technology 100 Equal Weight, while ^GSPC (S&P 500 Index) is an index. Over the past 3 years, WEBA.DE returned 17.23%/yr vs 17.70%/yr for ^GSPC. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
WEBA.DE vs. ^GSPC - Performance Comparison
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Different Trading Currencies
WEBA.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WEBA.DE achieves a 22.62% return, which is significantly higher than ^GSPC's 11.08% return.
WEBA.DE
- 1D
- -0.06%
- 1M
- 1.75%
- YTD
- 22.62%
- 6M
- 23.17%
- 1Y
- 29.99%
- 3Y*
- 17.23%
- 5Y*
- —
- 10Y*
- —
^GSPC
- 1D
- -0.08%
- 1M
- 0.13%
- YTD
- 11.08%
- 6M
- 9.99%
- 1Y
- 23.85%
- 3Y*
- 17.70%
- 5Y*
- 12.53%
- 10Y*
- 13.56%
WEBA.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WEBA.DE Amundi US Tech 100 Equal Weight UCITS ETF USD D | 22.62% | 1.18% | 15.46% | 31.32% | -11.30% |
^GSPC S&P 500 Index | 11.08% | 2.58% | 31.45% | 20.51% | -4.20% |
Correlation
The correlation between WEBA.DE and ^GSPC is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022 | 0.56 |
The correlation between WEBA.DE and ^GSPC has been stable across timeframes, ranging from 0.56 to 0.61 - a consistent structural relationship.
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Return for Risk
WEBA.DE vs. ^GSPC — Risk / Return Rank
WEBA.DE
^GSPC
WEBA.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi US Tech 100 Equal Weight UCITS ETF USD D (WEBA.DE) and S&P 500 Index (^GSPC). 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.
| WEBA.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.35 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.53 | 3.17 | +1.36 |
| Martin ratioReturn relative to average drawdown | 11.63 | 11.71 | -0.09 |
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Drawdowns
WEBA.DE vs. ^GSPC - Drawdown Comparison
The maximum WEBA.DE drawdown since its inception was -25.48%, smaller than the maximum ^GSPC drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for WEBA.DE and ^GSPC.
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Drawdown Indicators
| WEBA.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.48% | -51.62% | +26.14% |
Max Drawdown (1Y)Largest decline over 1 year | -6.60% | -7.57% | +0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -25.48% | -23.99% | -1.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | -1.21% | -1.08% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -4.60% | -9.08% | +4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 2.04% | +0.53% |
Volatility
WEBA.DE vs. ^GSPC - Volatility Comparison
Amundi US Tech 100 Equal Weight UCITS ETF USD D (WEBA.DE) has a higher volatility of 4.95% compared to S&P 500 Index (^GSPC) at 3.97%. This indicates that WEBA.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEBA.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 3.97% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 10.54% | 9.16% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.25% | 12.60% | +1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.71% | 16.86% | -0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.71% | 18.61% | -1.90% |
Frequently Asked Questions
WEBA.DE and ^GSPC have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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