WELJ.DE vs. QDVE.DE
Compare and contrast key facts about Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
WELJ.DE and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WELJ.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. It was launched on Sep 20, 2022. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both WELJ.DE and QDVE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WELJ.DE or QDVE.DE.
Correlation
The correlation between WELJ.DE and QDVE.DE is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WELJ.DE vs. QDVE.DE - Performance Comparison
Key characteristics
WELJ.DE:
1.50
QDVE.DE:
1.42
WELJ.DE:
2.04
QDVE.DE:
1.91
WELJ.DE:
1.28
QDVE.DE:
1.26
WELJ.DE:
2.05
QDVE.DE:
2.00
WELJ.DE:
6.68
QDVE.DE:
6.23
WELJ.DE:
3.63%
QDVE.DE:
5.03%
WELJ.DE:
16.19%
QDVE.DE:
22.11%
WELJ.DE:
-13.05%
QDVE.DE:
-31.45%
WELJ.DE:
-4.67%
QDVE.DE:
-2.66%
Returns By Period
In the year-to-date period, WELJ.DE achieves a -0.56% return, which is significantly lower than QDVE.DE's 0.11% return.
WELJ.DE
-0.56%
-1.91%
24.50%
23.89%
N/A
N/A
QDVE.DE
0.11%
1.25%
14.33%
36.54%
23.06%
N/A
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WELJ.DE vs. QDVE.DE - Expense Ratio Comparison
WELJ.DE has a 0.18% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
WELJ.DE vs. QDVE.DE — Risk-Adjusted Performance Rank
WELJ.DE
QDVE.DE
WELJ.DE vs. QDVE.DE - Risk-Adjusted Performance 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 iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
Dividends
WELJ.DE vs. QDVE.DE - Dividend Comparison
Neither WELJ.DE nor QDVE.DE has paid dividends to shareholders.
Drawdowns
WELJ.DE vs. QDVE.DE - Drawdown Comparison
The maximum WELJ.DE drawdown since its inception was -13.05%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for WELJ.DE and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
WELJ.DE vs. QDVE.DE - Volatility Comparison
The current volatility for Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.DE) is 4.13%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 8.84%. This indicates that WELJ.DE experiences smaller price fluctuations and is considered to be less risky than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.