WELG.DE vs. GN0M.DE
WELG.DE (Amundi S&P Global Health Care ESG UCITS ETF EUR Dist) and GN0M.DE (Global X Genomics & Biotechnology UCITS ETF) are both Health & Biotech Equities funds - WELG.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care while GN0M.DE tracks the Solactive Genomics. Both are passively managed. Over the past 3 years, WELG.DE returned 2.22%/yr vs -1.90%/yr for GN0M.DE. At a 0.43 correlation, their price movements are largely independent. WELG.DE charges 0.18%/yr vs 0.50%/yr for GN0M.DE.
Performance
WELG.DE vs. GN0M.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELG.DE achieves a -3.60% return, which is significantly lower than GN0M.DE's 12.99% return.
WELG.DE
- 1D
- 2.97%
- 1M
- 3.72%
- YTD
- -3.60%
- 6M
- -3.07%
- 1Y
- 7.16%
- 3Y*
- 2.22%
- 5Y*
- —
- 10Y*
- —
GN0M.DE
- 1D
- 5.61%
- 1M
- 11.50%
- YTD
- 12.99%
- 6M
- 9.82%
- 1Y
- 55.73%
- 3Y*
- -1.90%
- 5Y*
- —
- 10Y*
- —
WELG.DE vs. GN0M.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | -3.60% | 1.26% | 7.51% | 1.94% | 4.13% |
GN0M.DE Global X Genomics & Biotechnology UCITS ETF | 12.99% | 5.67% | -12.40% | -9.04% | -6.43% |
Correlation
The correlation between WELG.DE and GN0M.DE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.43 |
The correlation between WELG.DE and GN0M.DE shifts across timeframes, from 0.43 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WELG.DE vs. GN0M.DE — Risk / Return Rank
WELG.DE
GN0M.DE
WELG.DE vs. GN0M.DE - Risk-Adjusted Trends 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 Global X Genomics & Biotechnology UCITS ETF (GN0M.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.
| WELG.DE | GN0M.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.33 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 3.32 | -2.77 |
| Martin ratioReturn relative to average drawdown | 1.29 | 8.35 | -7.07 |
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
| WELG.DE | GN0M.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 2.00 | -1.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | -0.34 | +0.56 |
Drawdowns
WELG.DE vs. GN0M.DE - Drawdown Comparison
The maximum WELG.DE drawdown since its inception was -23.11%, smaller than the maximum GN0M.DE drawdown of -67.19%. Use the drawdown chart below to compare losses from any high point for WELG.DE and GN0M.DE.
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Drawdown Indicators
| WELG.DE | GN0M.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.11% | -67.19% | +44.08% |
Max Drawdown (1Y)Largest decline over 1 year | -12.38% | -16.68% | +4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -23.11% | -48.19% | +25.08% |
Current DrawdownCurrent decline from peak | -12.09% | -41.03% | +28.94% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -43.13% | +35.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.34% | 6.65% | -1.31% |
Volatility
WELG.DE vs. GN0M.DE - Volatility Comparison
The current volatility for Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) is 5.31%, while Global X Genomics & Biotechnology UCITS ETF (GN0M.DE) has a volatility of 8.15%. This indicates that WELG.DE experiences smaller price fluctuations and is considered to be less risky than GN0M.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELG.DE | GN0M.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 8.15% | -2.84% |
Volatility (6M)Calculated over the trailing 6-month period | 10.25% | 19.69% | -9.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.54% | 27.68% | -13.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.49% | 31.49% | -18.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.49% | 31.49% | -18.00% |
WELG.DE vs. GN0M.DE - Expense Ratio Comparison
WELG.DE has a 0.18% expense ratio, which is lower than GN0M.DE's 0.50% expense ratio.
Dividends
WELG.DE vs. GN0M.DE - Dividend Comparison
WELG.DE's dividend yield for the trailing twelve months is around 1.55%, while GN0M.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GN0M.DE Global X Genomics & Biotechnology UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 1.55% | 1.36% | 0.92% | 0.17% |
Frequently Asked Questions
WELG.DE and GN0M.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELG.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELG.DE is cheaper with a 0.18% expense ratio, compared with 0.50% for GN0M.DE.
WELG.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care, while GN0M.DE tracks Solactive Genomics. They also come from different issuers: Amundi and Global X. Their fees differ too: 0.18% for WELG.DE and 0.50% for GN0M.DE.
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