WELG.DE vs. WELS.DE
WELG.DE (Amundi S&P Global Health Care ESG UCITS ETF EUR Dist) and WELS.DE (Amundi S&P Global Health Care ESG UCITS ETF EUR Acc) are both Health & Biotech Equities funds from Amundi tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. Both are passively managed. Over the past 3 years, WELG.DE returned 2.22%/yr vs 2.22%/yr for WELS.DE. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.18% expense ratio.
Performance
WELG.DE vs. WELS.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 WELS.DE's -3.35% return.
WELG.DE
- 1D
- 2.97%
- 1M
- 3.72%
- YTD
- -3.60%
- 6M
- -3.07%
- 1Y
- 7.16%
- 3Y*
- 2.22%
- 5Y*
- —
- 10Y*
- —
WELS.DE
- 1D
- 2.97%
- 1M
- 3.85%
- YTD
- -3.35%
- 6M
- -2.89%
- 1Y
- 7.18%
- 3Y*
- 2.22%
- 5Y*
- —
- 10Y*
- —
WELG.DE vs. WELS.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% |
WELS.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Acc | -3.35% | 1.05% | 7.20% | 2.33% | 4.02% |
Correlation
The correlation between WELG.DE and WELS.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.99 |
The correlation between WELG.DE and WELS.DE has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
WELG.DE vs. WELS.DE — Risk / Return Rank
WELG.DE
WELS.DE
WELG.DE vs. WELS.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 Amundi S&P Global Health Care ESG UCITS ETF EUR Acc (WELS.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 | WELS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.09 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 0.56 | 0.00 |
| Martin ratioReturn relative to average drawdown | 1.29 | 1.30 | -0.01 |
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 | WELS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 0.47 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.22 | 0.00 |
Drawdowns
WELG.DE vs. WELS.DE - Drawdown Comparison
The maximum WELG.DE drawdown since its inception was -23.11%, roughly equal to the maximum WELS.DE drawdown of -23.13%. Use the drawdown chart below to compare losses from any high point for WELG.DE and WELS.DE.
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Drawdown Indicators
| WELG.DE | WELS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.11% | -23.13% | +0.02% |
Max Drawdown (1Y)Largest decline over 1 year | -12.38% | -12.35% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -23.11% | -23.13% | +0.02% |
Current DrawdownCurrent decline from peak | -12.09% | -12.08% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -7.30% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.34% | 5.34% | 0.00% |
Volatility
WELG.DE vs. WELS.DE - Volatility Comparison
Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) and Amundi S&P Global Health Care ESG UCITS ETF EUR Acc (WELS.DE) have volatilities of 5.31% and 5.27%, 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
| WELG.DE | WELS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 5.27% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 10.25% | 10.22% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.54% | 14.60% | -0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.49% | 13.59% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.49% | 13.59% | -0.10% |
WELG.DE vs. WELS.DE - Expense Ratio Comparison
Both WELG.DE and WELS.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
WELG.DE vs. WELS.DE - Dividend Comparison
WELG.DE's dividend yield for the trailing twelve months is around 1.55%, while WELS.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 1.55% | 1.36% | 0.92% | 0.17% |
WELS.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, WELG.DE and WELS.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WELG.DE and WELS.DE have the same expense ratio: 0.18% per year.
Both ETFs track S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care.
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