WELH.DE vs. EXH4.DE
WELH.DE (Amundi S&P Global Industrials ESG UCITS ETF EUR Acc) and EXH4.DE (iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE)) are both Industrials Equities funds - WELH.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials while EXH4.DE tracks the STOXX® Europe 600 Industrial Goods & Services. Both are passively managed. Over the past 3 years, WELH.DE returned 17.39%/yr vs 17.96%/yr for EXH4.DE. Their correlation of 0.81 suggests significant overlap in exposure. WELH.DE charges 0.18%/yr vs 0.46%/yr for EXH4.DE.
Performance
WELH.DE vs. EXH4.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELH.DE achieves a 15.64% return, which is significantly higher than EXH4.DE's 8.61% return.
WELH.DE
- 1D
- 0.12%
- 1M
- 0.12%
- YTD
- 15.64%
- 6M
- 15.66%
- 1Y
- 23.77%
- 3Y*
- 17.39%
- 5Y*
- —
- 10Y*
- —
EXH4.DE
- 1D
- 0.57%
- 1M
- -1.31%
- YTD
- 8.61%
- 6M
- 10.58%
- 1Y
- 14.10%
- 3Y*
- 17.96%
- 5Y*
- 11.25%
- 10Y*
- 12.08%
WELH.DE vs. EXH4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELH.DE Amundi S&P Global Industrials ESG UCITS ETF EUR Acc | 15.64% | 9.85% | 16.48% | 19.96% | 7.75% |
EXH4.DE iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE) | 8.61% | 23.72% | 14.66% | 23.26% | 12.15% |
Correlation
The correlation between WELH.DE and EXH4.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.81 |
The correlation between WELH.DE and EXH4.DE has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.
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Return for Risk
WELH.DE vs. EXH4.DE — Risk / Return Rank
WELH.DE
EXH4.DE
WELH.DE vs. EXH4.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Industrials ESG UCITS ETF EUR Acc (WELH.DE) and iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE) (EXH4.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.
| WELH.DE | EXH4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.15 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 1.09 | +1.35 |
| Martin ratioReturn relative to average drawdown | 8.98 | 3.91 | +5.07 |
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
| WELH.DE | EXH4.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 0.73 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.57 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.26 | 0.47 | +0.79 |
Drawdowns
WELH.DE vs. EXH4.DE - Drawdown Comparison
The maximum WELH.DE drawdown since its inception was -20.70%, smaller than the maximum EXH4.DE drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for WELH.DE and EXH4.DE.
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Drawdown Indicators
| WELH.DE | EXH4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.70% | -60.02% | +39.32% |
Max Drawdown (1Y)Largest decline over 1 year | -9.84% | -13.28% | +3.44% |
Max Drawdown (3Y)Largest decline over 3 years | -20.70% | -19.33% | -1.37% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.07% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.94% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.40% | +1.40% |
Average DrawdownAverage peak-to-trough decline | -2.65% | -9.81% | +7.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 3.69% | -1.02% |
Volatility
WELH.DE vs. EXH4.DE - Volatility Comparison
The current volatility for Amundi S&P Global Industrials ESG UCITS ETF EUR Acc (WELH.DE) is 3.89%, while iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE) (EXH4.DE) has a volatility of 6.36%. This indicates that WELH.DE experiences smaller price fluctuations and is considered to be less risky than EXH4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELH.DE | EXH4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.89% | 6.36% | -2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 12.20% | 16.56% | -4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.98% | 19.71% | -4.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.28% | 19.66% | -4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.28% | 19.93% | -4.65% |
WELH.DE vs. EXH4.DE - Expense Ratio Comparison
WELH.DE has a 0.18% expense ratio, which is lower than EXH4.DE's 0.46% expense ratio.
Dividends
WELH.DE vs. EXH4.DE - Dividend Comparison
WELH.DE has not paid dividends to shareholders, while EXH4.DE's dividend yield for the trailing twelve months is around 1.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXH4.DE iShares STOXX Europe 600 Industrial Goods & Services UCITS ETF (DE) | 1.18% | 1.31% | 1.51% | 1.72% | 1.68% | 1.08% | 0.85% | 1.69% | 1.67% | 2.38% | 2.10% | 2.79% |
WELH.DE Amundi S&P Global Industrials ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WELH.DE and EXH4.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELH.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELH.DE is cheaper with a 0.18% expense ratio, compared with 0.46% for EXH4.DE.
WELH.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials, while EXH4.DE tracks STOXX® Europe 600 Industrial Goods & Services. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for WELH.DE and 0.46% for EXH4.DE.
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