WELJ.DE vs. E61Z.DE

Last updated Jun 5, 2026

WELJ.DE (Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc) and E61Z.DE (Global X E-commerce UCITS ETF USD Accumulating) are both Consumer Staples Equities funds - WELJ.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary while E61Z.DE tracks the Solactive E-commerce. Both are passively managed. Over the past 3 years, WELJ.DE returned 9.08%/yr vs 14.61%/yr for E61Z.DE. A 0.67 correlation means they provide meaningful diversification when combined. WELJ.DE charges 0.18%/yr vs 0.50%/yr for E61Z.DE.

Performance

WELJ.DE vs. E61Z.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.DE) and Global X E-commerce UCITS ETF USD Accumulating (E61Z.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WELJ.DE achieves a -1.85% return, which is significantly higher than E61Z.DE's -14.62% return.

WELJ.DE

• 1D: 0.21%
• 1M: -0.53%
• YTD: -1.85%
• 6M: -2.00%
• 1Y: 6.67%
• 3Y*: 9.08%
• 5Y*: —
• 10Y*: —

E61Z.DE

• 1D: 1.36%
• 1M: -0.83%
• YTD: -14.62%
• 6M: -14.70%
• 1Y: -10.48%
• 3Y*: 14.61%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WELJ.DE vs. E61Z.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WELJ.DE Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc	-1.85%	-4.79%	29.73%	30.43%	-8.02%
E61Z.DE Global X E-commerce UCITS ETF USD Accumulating	-14.62%	7.18%	37.44%	27.85%	-3.01%

Correlation

The correlation between WELJ.DE and E61Z.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	0.65
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022	0.67

The correlation between WELJ.DE and E61Z.DE has been stable across timeframes, ranging from 0.64 to 0.67 - a consistent structural relationship.

Return for Risk

WELJ.DE vs. E61Z.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WELJ.DE

WELJ.DE Risk / Return Rank: 15
WELJ.DE Sharpe Ratio Rank: 15
WELJ.DE Sortino Ratio Rank: 15
WELJ.DE Omega Ratio Rank: 14
WELJ.DE Calmar Ratio Rank: 14
WELJ.DE Martin Ratio Rank: 15

E61Z.DE

E61Z.DE Risk / Return Rank: 5
E61Z.DE Sharpe Ratio Rank: 5
E61Z.DE Sortino Ratio Rank: 5
E61Z.DE Omega Ratio Rank: 5
E61Z.DE Calmar Ratio Rank: 6
E61Z.DE Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WELJ.DE vs. E61Z.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.DE) and Global X E-commerce UCITS ETF USD Accumulating (E61Z.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.

	WELJ.DE	E61Z.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.38	-0.50	+0.88
Sortino ratio: Return per unit of downside risk	0.65	-0.58	+1.24
Omega ratio: Gain probability vs. loss probability	1.08	0.93	+0.14
Calmar ratio: Return relative to maximum drawdown	0.44	-0.38	+0.82
Martin ratio: Return relative to average drawdown	1.20	-0.76	+1.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WELJ.DE vs. E61Z.DE - Sharpe Ratio Comparison

The current WELJ.DE Sharpe Ratio is 0.38, which is higher than the E61Z.DE Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of WELJ.DE and E61Z.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WELJ.DE	E61Z.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	-0.50	+0.88
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	-0.11	+0.71

Drawdowns

WELJ.DE vs. E61Z.DE - Drawdown Comparison

The maximum WELJ.DE drawdown since its inception was -28.28%, smaller than the maximum E61Z.DE drawdown of -49.16%. Use the drawdown chart below to compare losses from any high point for WELJ.DE and E61Z.DE.

Drawdown Indicators

	WELJ.DE	E61Z.DE	Difference
Max Drawdown Largest peak-to-trough decline	-28.28%	-49.16%	+20.88%
Max Drawdown (1Y) Largest decline over 1 year	-14.62%	-25.19%	+10.57%
Max Drawdown (3Y) Largest decline over 3 years	-28.28%	-30.13%	+1.85%
Current Drawdown Current decline from peak	-10.41%	-21.27%	+10.86%
Average Drawdown Average peak-to-trough decline	-6.81%	-25.70%	+18.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.36%	12.75%	-7.39%

Volatility

WELJ.DE vs. E61Z.DE - Volatility Comparison

Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.DE) has a higher volatility of 5.07% compared to Global X E-commerce UCITS ETF USD Accumulating (E61Z.DE) at 4.55%. This indicates that WELJ.DE's price experiences larger fluctuations and is considered to be riskier than E61Z.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WELJ.DE	E61Z.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	4.55%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	12.51%	14.51%	-2.00%
Volatility (1Y) Calculated over the trailing 1-year period	16.84%	19.25%	-2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.18%	27.20%	-9.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	27.20%	-9.02%

WELJ.DE vs. E61Z.DE - Expense Ratio Comparison

WELJ.DE has a 0.18% expense ratio, which is lower than E61Z.DE's 0.50% expense ratio.

Dividends

WELJ.DE vs. E61Z.DE - Dividend Comparison

Neither WELJ.DE nor E61Z.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WELJ.DE and E61Z.DE in my portfolio?

WELJ.DE and E61Z.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.

Which ETF is better, WELJ.DE or E61Z.DE?

On fees, WELJ.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WELJ.DE or E61Z.DE?

WELJ.DE is cheaper with a 0.18% expense ratio, compared with 0.50% for E61Z.DE.

What is the main difference between WELJ.DE and E61Z.DE?

WELJ.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary, while E61Z.DE tracks Solactive E-commerce. They also come from different issuers: Amundi and Global X. Their fees differ too: 0.18% for WELJ.DE and 0.50% for E61Z.DE.