WELE.DE vs. IBCK.DE
WELE.DE (Amundi S&P 500 Equal Weight ESG UCITS ETF Acc) and IBCK.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc)) are both S&P 500 funds - WELE.DE tracks the S&P 500 Equal Weight ESG Leaders Select while IBCK.DE tracks the S&P 500 Minimum Volatility. Both are passively managed. Over the past 3 years, WELE.DE returned 11.24%/yr vs 10.94%/yr for IBCK.DE. A 0.80 correlation means they provide meaningful diversification when combined. WELE.DE charges 0.18%/yr vs 0.20%/yr for IBCK.DE.
Performance
WELE.DE vs. IBCK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELE.DE achieves a 8.45% return, which is significantly higher than IBCK.DE's 5.14% return.
WELE.DE
- 1D
- 0.41%
- 1M
- 4.81%
- YTD
- 8.45%
- 6M
- 9.89%
- 1Y
- 18.08%
- 3Y*
- 11.24%
- 5Y*
- —
- 10Y*
- —
IBCK.DE
- 1D
- 0.27%
- 1M
- 4.51%
- YTD
- 5.14%
- 6M
- 5.73%
- 1Y
- 9.44%
- 3Y*
- 10.94%
- 5Y*
- 9.91%
- 10Y*
- 10.32%
WELE.DE vs. IBCK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELE.DE Amundi S&P 500 Equal Weight ESG UCITS ETF Acc | 8.45% | 0.70% | 16.40% | 10.64% | 6.39% |
IBCK.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) | 5.14% | -0.69% | 25.61% | 6.20% | 4.13% |
Correlation
The correlation between WELE.DE and IBCK.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022 | 0.80 |
The correlation between WELE.DE and IBCK.DE has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.
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Return for Risk
WELE.DE vs. IBCK.DE — Risk / Return Rank
WELE.DE
IBCK.DE
WELE.DE vs. IBCK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.DE) and iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.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.
| WELE.DE | IBCK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.19 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 1.83 | +1.04 |
| Martin ratioReturn relative to average drawdown | 9.27 | 5.31 | +3.96 |
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
| WELE.DE | IBCK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 1.07 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.79 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.88 | -0.15 |
Drawdowns
WELE.DE vs. IBCK.DE - Drawdown Comparison
The maximum WELE.DE drawdown since its inception was -23.73%, smaller than the maximum IBCK.DE drawdown of -33.11%. Use the drawdown chart below to compare losses from any high point for WELE.DE and IBCK.DE.
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Drawdown Indicators
| WELE.DE | IBCK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.73% | -33.11% | +9.38% |
Max Drawdown (1Y)Largest decline over 1 year | -6.28% | -5.08% | -1.20% |
Max Drawdown (3Y)Largest decline over 3 years | -23.73% | -17.55% | -6.18% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.11% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.47% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -5.63% | -4.50% | -1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 1.75% | +0.20% |
Volatility
WELE.DE vs. IBCK.DE - Volatility Comparison
Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.DE) and iShares Edge S&P 500 Minimum Volatility UCITS ETF (Acc) (IBCK.DE) have volatilities of 2.24% and 2.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELE.DE | IBCK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.24% | 2.26% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.47% | 5.71% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.35% | 8.73% | +2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.41% | 12.37% | +2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.41% | 14.02% | +0.39% |
WELE.DE vs. IBCK.DE - Expense Ratio Comparison
WELE.DE has a 0.18% expense ratio, which is lower than IBCK.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WELE.DE vs. IBCK.DE - Dividend Comparison
Neither WELE.DE nor IBCK.DE has paid dividends to shareholders.
Frequently Asked Questions
WELE.DE and IBCK.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELE.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for IBCK.DE.
WELE.DE tracks S&P 500 Equal Weight ESG Leaders Select, while IBCK.DE tracks S&P 500 Minimum Volatility. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for WELE.DE and 0.20% for IBCK.DE.
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