WELI.DE vs. VWCE.DE
WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) and VWCE.DE (Vanguard FTSE All-World UCITS 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 VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 3 years, WELI.DE returned 13.20%/yr vs 17.85%/yr for VWCE.DE. A 0.68 correlation means they provide meaningful diversification when combined. WELI.DE charges 0.18%/yr vs 0.19%/yr for VWCE.DE.
Performance
WELI.DE vs. VWCE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELI.DE achieves a 16.84% return, which is significantly higher than VWCE.DE's 12.64% return.
WELI.DE
- 1D
- -0.41%
- 1M
- 2.27%
- YTD
- 16.84%
- 6M
- 21.11%
- 1Y
- 32.05%
- 3Y*
- 13.20%
- 5Y*
- —
- 10Y*
- —
VWCE.DE
- 1D
- -0.21%
- 1M
- 3.63%
- YTD
- 12.64%
- 6M
- 12.84%
- 1Y
- 26.31%
- 3Y*
- 17.85%
- 5Y*
- 12.28%
- 10Y*
- —
WELI.DE vs. VWCE.DE - 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% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 12.64% | 9.16% | 24.41% | 18.18% | -0.28% |
Correlation
The correlation between WELI.DE and VWCE.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.68 |
The correlation between WELI.DE and VWCE.DE has been stable across timeframes, ranging from 0.59 to 0.68 - a consistent structural relationship.
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Return for Risk
WELI.DE vs. VWCE.DE — Risk / Return Rank
WELI.DE
VWCE.DE
WELI.DE vs. VWCE.DE - 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 Vanguard FTSE All-World UCITS ETF (VWCE.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.
| WELI.DE | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.43 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 4.01 | -1.81 |
| Martin ratioReturn relative to average drawdown | 8.95 | 16.55 | -7.60 |
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
| WELI.DE | VWCE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 2.31 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.79 | +0.07 |
Drawdowns
WELI.DE vs. VWCE.DE - Drawdown Comparison
The maximum WELI.DE drawdown since its inception was -21.14%, smaller than the maximum VWCE.DE drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for WELI.DE and VWCE.DE.
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Drawdown Indicators
| WELI.DE | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.14% | -33.43% | +12.29% |
Max Drawdown (1Y)Largest decline over 1 year | -14.69% | -6.55% | -8.14% |
Max Drawdown (3Y)Largest decline over 3 years | -21.14% | -21.07% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.07% | — |
Current DrawdownCurrent decline from peak | -1.73% | -0.66% | -1.07% |
Average DrawdownAverage peak-to-trough decline | -4.51% | -4.69% | +0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 1.59% | +2.04% |
Volatility
WELI.DE vs. VWCE.DE - Volatility Comparison
Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) has a higher volatility of 6.48% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.06%. This indicates that WELI.DE's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELI.DE | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.48% | 3.06% | +3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 15.53% | 8.18% | +7.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 11.37% | +6.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.10% | 13.75% | +2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.10% | 16.16% | -0.06% |
WELI.DE vs. VWCE.DE - Expense Ratio Comparison
WELI.DE has a 0.18% expense ratio, which is lower than VWCE.DE's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WELI.DE vs. VWCE.DE - Dividend Comparison
Neither WELI.DE nor VWCE.DE has paid dividends to shareholders.
Frequently Asked Questions
WELI.DE and VWCE.DE have a correlation of 0.59, 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 0.19% for VWCE.DE.
WELI.DE is categorized as Industrials Equities, while VWCE.DE is Global Equities. WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: Amundi and Vanguard. Their fees differ too: 0.18% for WELI.DE and 0.19% for VWCE.DE.
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