WELG.DE vs. FDHT
Compare and contrast key facts about Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) and Fidelity Digital Health ETF (FDHT).
WELG.DE and FDHT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WELG.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. It was launched on Sep 20, 2022. FDHT is a passively managed fund by Fidelity that tracks the performance of the Fidelity Digital Health Index. It was launched on Oct 5, 2021. Both WELG.DE and FDHT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WELG.DE or FDHT.
Key characteristics
| WELG.DE | FDHT | |
|---|---|---|
| YTD Return | 13.86% | 7.26% |
| 1Y Return | 18.10% | 33.29% |
| Sharpe Ratio | 1.81 | 1.66 |
| Sortino Ratio | 2.52 | 2.35 |
| Omega Ratio | 1.32 | 1.29 |
| Calmar Ratio | 2.53 | 0.69 |
| Martin Ratio | 8.13 | 8.37 |
| Ulcer Index | 2.26% | 3.53% |
| Daily Std Dev | 10.20% | 17.81% |
| Max Drawdown | -10.04% | -44.80% |
| Current Drawdown | -4.62% | -24.15% |
Correlation
The correlation between WELG.DE and FDHT is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WELG.DE vs. FDHT - Performance Comparison
In the year-to-date period, WELG.DE achieves a 13.86% return, which is significantly higher than FDHT's 7.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WELG.DE vs. FDHT - Expense Ratio Comparison
WELG.DE has a 0.18% expense ratio, which is lower than FDHT's 0.39% expense ratio.
Risk-Adjusted Performance
WELG.DE vs. FDHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) and Fidelity Digital Health ETF (FDHT). 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.
Dividends
WELG.DE vs. FDHT - Dividend Comparison
WELG.DE's dividend yield for the trailing twelve months is around 0.87%, more than FDHT's 0.06% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 0.87% | 0.17% | 0.00% |
FDHT Fidelity Digital Health ETF | 0.06% | 0.04% | 0.12% |
Drawdowns
WELG.DE vs. FDHT - Drawdown Comparison
The maximum WELG.DE drawdown since its inception was -10.04%, smaller than the maximum FDHT drawdown of -44.80%. Use the drawdown chart below to compare losses from any high point for WELG.DE and FDHT. For additional features, visit the drawdowns tool.
Volatility
WELG.DE vs. FDHT - Volatility Comparison
The current volatility for Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) is 2.12%, while Fidelity Digital Health ETF (FDHT) has a volatility of 4.52%. This indicates that WELG.DE experiences smaller price fluctuations and is considered to be less risky than FDHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.