WELE.DE vs. XDNE.DE
WELE.DE (Amundi S&P 500 Equal Weight ESG UCITS ETF Acc) and XDNE.DE (Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc)) are both exchange-traded funds - WELE.DE is a ESG fund tracking the S&P 500 Equal Weight ESG Leaders Select Index, while XDNE.DE is a Japan Equities fund tracking the MSCI Japan Select Screened Index (EUR Hedged). Both are passively managed. Over the past 3 years, WELE.DE returned 12.27%/yr vs 25.74%/yr for XDNE.DE. At a 0.49 correlation, their price movements are largely independent. WELE.DE charges 0.18%/yr vs 0.25%/yr for XDNE.DE.
Performance
WELE.DE vs. XDNE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELE.DE achieves a 12.34% return, which is significantly lower than XDNE.DE's 20.22% return.
WELE.DE
- 1D
- 0.00%
- 1M
- 1.63%
- 6M
- 9.26%
- YTD
- 12.34%
- 1Y
- 19.69%
- 3Y*
- 12.27%
- 5Y*
- —
- 10Y*
- —
XDNE.DE
- 1D
- -0.96%
- 1M
- 0.75%
- 6M
- 12.71%
- YTD
- 20.22%
- 1Y
- 48.22%
- 3Y*
- 25.74%
- 5Y*
- 19.09%
- 10Y*
- 13.77%
WELE.DE vs. XDNE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELE.DE Amundi S&P 500 Equal Weight ESG UCITS ETF Acc | 12.34% | 0.70% | 16.40% | 10.64% | 6.78% |
XDNE.DE Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) | 20.22% | 25.99% | 21.86% | 32.65% | 2.62% |
Correlation
The correlation between WELE.DE and XDNE.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022 | 0.49 |
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Return for Risk
WELE.DE vs. XDNE.DE — Risk / Return Rank
WELE.DE
XDNE.DE
WELE.DE vs. XDNE.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 Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.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.
| WELE.DE | XDNE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.41 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 4.82 | -1.67 |
| Martin ratioReturn relative to average drawdown | 10.53 | 16.26 | -5.73 |
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Drawdowns
WELE.DE vs. XDNE.DE - Drawdown Comparison
The maximum WELE.DE drawdown since its inception was -23.73%, smaller than the maximum XDNE.DE drawdown of -35.20%. Use the drawdown chart below to compare losses from any high point for WELE.DE and XDNE.DE.
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Drawdown Indicators
| WELE.DE | XDNE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.73% | -35.20% | +11.47% |
Max Drawdown (1Y)Largest decline over 1 year | -6.28% | -9.96% | +3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -23.73% | -21.73% | -2.00% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.20% | — |
Current DrawdownCurrent decline from peak | -1.07% | -3.20% | +2.13% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -8.27% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 2.96% | -1.08% |
Volatility
WELE.DE vs. XDNE.DE - Volatility Comparison
The current volatility for Amundi S&P 500 Equal Weight ESG UCITS ETF Acc (WELE.DE) is 3.11%, while Xtrackers MSCI Japan Screened UCITS ETF EUR Hedged (Acc) (XDNE.DE) has a volatility of 6.99%. This indicates that WELE.DE experiences smaller price fluctuations and is considered to be less risky than XDNE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELE.DE | XDNE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 6.99% | -3.88% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 16.52% | -8.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 20.91% | -9.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.35% | 18.70% | -4.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.35% | 18.48% | -4.13% |
WELE.DE vs. XDNE.DE - Expense Ratio Comparison
WELE.DE has a 0.18% expense ratio, which is lower than XDNE.DE's 0.25% 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. XDNE.DE - Dividend Comparison
Neither WELE.DE nor XDNE.DE has paid dividends to shareholders.
Frequently Asked Questions
WELE.DE and XDNE.DE have a correlation of 0.45, 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 0.25% for XDNE.DE.
WELE.DE is categorized as ESG, while XDNE.DE is Japan Equities. WELE.DE tracks S&P 500 Equal Weight ESG Leaders Select Index, while XDNE.DE tracks MSCI Japan Select Screened Index (EUR Hedged). They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.18% for WELE.DE and 0.25% for XDNE.DE.
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