WELH.DE vs. WELI.DE
WELH.DE (Amundi S&P Global Industrials ESG UCITS ETF EUR Acc) and WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) are both Industrials Equities funds from Amundi - WELH.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials while WELI.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. Both are passively managed. Over the past 3 years, WELH.DE returned 17.39%/yr vs 13.20%/yr for WELI.DE. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
WELH.DE vs. WELI.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 lower than WELI.DE's 16.84% return.
WELH.DE
- 1D
- 0.12%
- 1M
- 2.21%
- YTD
- 15.64%
- 6M
- 15.67%
- 1Y
- 24.04%
- 3Y*
- 17.39%
- 5Y*
- —
- 10Y*
- —
WELI.DE
- 1D
- -0.41%
- 1M
- 5.45%
- YTD
- 16.84%
- 6M
- 21.59%
- 1Y
- 32.55%
- 3Y*
- 13.20%
- 5Y*
- —
- 10Y*
- —
WELH.DE vs. WELI.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% |
WELI.DE Amundi S&P Global Materials ESG UCITS ETF EUR Acc | 16.84% | 14.91% | -0.52% | 10.29% | 9.11% |
Correlation
The correlation between WELH.DE and WELI.DE is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.71 |
The correlation between WELH.DE and WELI.DE has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.
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Return for Risk
WELH.DE vs. WELI.DE — Risk / Return Rank
WELH.DE
WELI.DE
WELH.DE vs. WELI.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 Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.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 | WELI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.31 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 2.21 | +0.23 |
| Martin ratioReturn relative to average drawdown | 8.98 | 8.95 | +0.03 |
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 | WELI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 1.78 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.26 | 0.86 | +0.41 |
Drawdowns
WELH.DE vs. WELI.DE - Drawdown Comparison
The maximum WELH.DE drawdown since its inception was -20.70%, roughly equal to the maximum WELI.DE drawdown of -21.14%. Use the drawdown chart below to compare losses from any high point for WELH.DE and WELI.DE.
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Drawdown Indicators
| WELH.DE | WELI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.70% | -21.14% | +0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -9.84% | -14.69% | +4.85% |
Max Drawdown (3Y)Largest decline over 3 years | -20.70% | -21.14% | +0.44% |
Current DrawdownCurrent decline from peak | 0.00% | -1.73% | +1.73% |
Average DrawdownAverage peak-to-trough decline | -2.65% | -4.51% | +1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 3.63% | -0.96% |
Volatility
WELH.DE vs. WELI.DE - Volatility Comparison
The current volatility for Amundi S&P Global Industrials ESG UCITS ETF EUR Acc (WELH.DE) is 3.89%, while Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) has a volatility of 6.48%. This indicates that WELH.DE experiences smaller price fluctuations and is considered to be less risky than WELI.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 | WELI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.89% | 6.48% | -2.59% |
Volatility (6M)Calculated over the trailing 6-month period | 12.20% | 15.53% | -3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.98% | 18.23% | -3.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.28% | 16.10% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.28% | 16.10% | -0.82% |
WELH.DE vs. WELI.DE - Expense Ratio Comparison
Both WELH.DE and WELI.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
WELH.DE vs. WELI.DE - Dividend Comparison
Neither WELH.DE nor WELI.DE has paid dividends to shareholders.
Frequently Asked Questions
WELH.DE and WELI.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WELH.DE and WELI.DE have the same expense ratio: 0.18% per year.
WELH.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials, while WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials.
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