WELI.DE vs. ESPO
WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) and ESPO (VanEck Vectors Video Gaming and eSports ETF) are both exchange-traded funds - WELI.DE is a Industrials Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials, while ESPO is a Large Cap Growth Equities fund tracking the MVIS Global Video Gaming and eSports Index. Both are passively managed. Over the past 3 years, WELI.DE returned 13.20%/yr vs 15.08%/yr for ESPO. At a 0.37 correlation, their price movements are largely independent. WELI.DE charges 0.18%/yr vs 0.55%/yr for ESPO.
Performance
WELI.DE vs. ESPO - Performance Comparison
Loading charts...
Different Trading Currencies
WELI.DE is traded in EUR, while ESPO is traded in USD. To make them comparable, the ESPO values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WELI.DE achieves a 16.84% return, which is significantly higher than ESPO's -13.28% return.
WELI.DE
- 1D
- -0.41%
- 1M
- 2.27%
- YTD
- 16.84%
- 6M
- 21.11%
- 1Y
- 32.05%
- 3Y*
- 13.20%
- 5Y*
- —
- 10Y*
- —
ESPO
- 1D
- -0.85%
- 1M
- -1.94%
- YTD
- -13.28%
- 6M
- -17.43%
- 1Y
- -15.32%
- 3Y*
- 15.08%
- 5Y*
- 6.98%
- 10Y*
- —
WELI.DE vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELI.DE Amundi S&P Global Materials ESG UCITS ETF EUR Acc | 16.84% | 14.91% | -0.52% | 10.29% | 9.11% |
ESPO VanEck Vectors Video Gaming and eSports ETF | -13.28% | 10.87% | 57.36% | 29.64% | -1.66% |
Correlation
The correlation between WELI.DE and ESPO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.37 |
The correlation between WELI.DE and ESPO shifts across timeframes, from 0.26 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WELI.DE vs. ESPO — Risk / Return Rank
WELI.DE
ESPO
WELI.DE vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) and VanEck Vectors Video Gaming and eSports ETF (ESPO). 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.
| WELI.DE | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.63 | ||
| Sortino ratioReturn per unit of downside risk | +3.61 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.87 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | -0.58 | +2.79 |
| Martin ratioReturn relative to average drawdown | 8.95 | -1.02 | +9.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WELI.DE | ESPO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | -0.85 | +2.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.64 | +0.22 |
Drawdowns
WELI.DE vs. ESPO - Drawdown Comparison
The maximum WELI.DE drawdown since its inception was -21.14%, smaller than the maximum ESPO drawdown of -40.76%. Use the drawdown chart below to compare losses from any high point for WELI.DE and ESPO.
Loading charts...
Drawdown Indicators
| WELI.DE | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.14% | -40.76% | +19.62% |
Max Drawdown (1Y)Largest decline over 1 year | -14.69% | -26.46% | +11.77% |
Max Drawdown (3Y)Largest decline over 3 years | -21.14% | -26.46% | +5.32% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.76% | — |
Current DrawdownCurrent decline from peak | -1.73% | -25.60% | +23.87% |
Average DrawdownAverage peak-to-trough decline | -4.51% | -12.04% | +7.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 15.12% | -11.49% |
Volatility
WELI.DE vs. ESPO - Volatility Comparison
Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) has a higher volatility of 6.48% compared to VanEck Vectors Video Gaming and eSports ETF (ESPO) at 4.74%. This indicates that WELI.DE's price experiences larger fluctuations and is considered to be riskier than ESPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WELI.DE | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.48% | 4.74% | +1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 15.53% | 13.64% | +1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 18.06% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.10% | 23.76% | -7.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.10% | 25.02% | -8.92% |
WELI.DE vs. ESPO - Expense Ratio Comparison
WELI.DE has a 0.18% expense ratio, which is lower than ESPO's 0.55% expense ratio.
Dividends
WELI.DE vs. ESPO - Dividend Comparison
WELI.DE has not paid dividends to shareholders, while ESPO's dividend yield for the trailing twelve months is around 1.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Vectors Video Gaming and eSports ETF | 1.46% | 1.24% | 0.44% | 0.96% | 0.91% | 3.36% | 0.12% | 0.22% | 0.04% |
WELI.DE Amundi S&P Global Materials ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WELI.DE and ESPO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELI.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELI.DE is cheaper with a 0.18% expense ratio, compared with 0.55% for ESPO.
WELI.DE is categorized as Industrials Equities, while ESPO is Large Cap Growth Equities. WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials, while ESPO tracks MVIS Global Video Gaming and eSports Index. They also come from different issuers: Amundi and VanEck. Their fees differ too: 0.18% for WELI.DE and 0.55% for ESPO.
Find the right allocation for WELI.DE and ESPO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer