WELI.DE vs. WELH.DE
WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) and WELH.DE (Amundi S&P Global Industrials ESG UCITS ETF EUR Acc) are both Industrials Equities funds from Amundi - WELI.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials while WELH.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials. Both are passively managed. Over the past 3 years, WELI.DE returned 13.20%/yr vs 17.39%/yr for WELH.DE. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
WELI.DE vs. WELH.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 WELH.DE's 15.64% return.
WELI.DE
- 1D
- -0.41%
- 1M
- 5.45%
- YTD
- 16.84%
- 6M
- 21.59%
- 1Y
- 32.55%
- 3Y*
- 13.20%
- 5Y*
- —
- 10Y*
- —
WELH.DE
- 1D
- 0.12%
- 1M
- 2.21%
- YTD
- 15.64%
- 6M
- 15.67%
- 1Y
- 24.04%
- 3Y*
- 17.39%
- 5Y*
- —
- 10Y*
- —
WELI.DE vs. WELH.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% |
WELH.DE Amundi S&P Global Industrials ESG UCITS ETF EUR Acc | 15.64% | 9.85% | 16.48% | 19.96% | 7.75% |
Correlation
The correlation between WELI.DE and WELH.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 WELI.DE and WELH.DE has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.
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Return for Risk
WELI.DE vs. WELH.DE — Risk / Return Rank
WELI.DE
WELH.DE
WELI.DE vs. WELH.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 Amundi S&P Global Industrials ESG UCITS ETF EUR Acc (WELH.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 | WELH.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 | 1.31 | 1.29 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 2.43 | -0.23 |
| Martin ratioReturn relative to average drawdown | 8.95 | 8.98 | -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
| WELI.DE | WELH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 1.60 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 1.26 | -0.41 |
Drawdowns
WELI.DE vs. WELH.DE - Drawdown Comparison
The maximum WELI.DE drawdown since its inception was -21.14%, roughly equal to the maximum WELH.DE drawdown of -20.70%. Use the drawdown chart below to compare losses from any high point for WELI.DE and WELH.DE.
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Drawdown Indicators
| WELI.DE | WELH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.14% | -20.70% | -0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -14.69% | -9.84% | -4.85% |
Max Drawdown (3Y)Largest decline over 3 years | -21.14% | -20.70% | -0.44% |
Current DrawdownCurrent decline from peak | -1.73% | 0.00% | -1.73% |
Average DrawdownAverage peak-to-trough decline | -4.51% | -2.65% | -1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 2.67% | +0.96% |
Volatility
WELI.DE vs. WELH.DE - Volatility Comparison
Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) has a higher volatility of 6.48% compared to Amundi S&P Global Industrials ESG UCITS ETF EUR Acc (WELH.DE) at 3.89%. This indicates that WELI.DE's price experiences larger fluctuations and is considered to be riskier than WELH.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 | WELH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.48% | 3.89% | +2.59% |
Volatility (6M)Calculated over the trailing 6-month period | 15.53% | 12.20% | +3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 14.98% | +3.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.10% | 15.28% | +0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.10% | 15.28% | +0.82% |
WELI.DE vs. WELH.DE - Expense Ratio Comparison
Both WELI.DE and WELH.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
WELI.DE vs. WELH.DE - Dividend Comparison
Neither WELI.DE nor WELH.DE has paid dividends to shareholders.
Frequently Asked Questions
WELI.DE and WELH.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.
WELI.DE and WELH.DE have the same expense ratio: 0.18% per year.
WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials, while WELH.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials.
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