WELK.DE vs. 4GLD.DE
WELK.DE (Amundi S&P Global Financials ESG UCITS ETF EUR Acc) and 4GLD.DE (Xetra-Gold) are both exchange-traded funds - WELK.DE is a Financials Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials, while 4GLD.DE is a Gold fund tracking the LBMA Gold Price. Both are passively managed. Over the past 3 years, WELK.DE returned 21.67%/yr vs 28.18%/yr for 4GLD.DE. At a 0.07 correlation, their price movements are largely independent. WELK.DE charges 0.18%/yr vs 0.00%/yr for 4GLD.DE.
Performance
WELK.DE vs. 4GLD.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WELK.DE achieves a 1.91% return, which is significantly lower than 4GLD.DE's 2.80% return.
WELK.DE
- 1D
- 2.00%
- 1M
- 1.21%
- YTD
- 1.91%
- 6M
- 5.76%
- 1Y
- 13.95%
- 3Y*
- 21.67%
- 5Y*
- —
- 10Y*
- —
4GLD.DE
- 1D
- 0.57%
- 1M
- -3.60%
- YTD
- 2.80%
- 6M
- 6.23%
- 1Y
- 31.21%
- 3Y*
- 28.18%
- 5Y*
- 19.85%
- 10Y*
- 13.36%
WELK.DE vs. 4GLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELK.DE Amundi S&P Global Financials ESG UCITS ETF EUR Acc | 1.91% | 17.19% | 33.74% | 12.60% | 9.71% |
4GLD.DE Xetra-Gold | 2.80% | 49.32% | 34.57% | 9.32% | -1.25% |
Correlation
The correlation between WELK.DE and 4GLD.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.07 |
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
WELK.DE vs. 4GLD.DE — Risk / Return Rank
WELK.DE
4GLD.DE
WELK.DE vs. 4GLD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.DE) and Xetra-Gold (4GLD.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.
| WELK.DE | 4GLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.26 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.82 | -0.40 |
| Martin ratioReturn relative to average drawdown | 4.51 | 4.63 | -0.12 |
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
| WELK.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.31 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.23 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.92 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.33 | 0.65 | +0.68 |
Drawdowns
WELK.DE vs. 4GLD.DE - Drawdown Comparison
The maximum WELK.DE drawdown since its inception was -20.08%, smaller than the maximum 4GLD.DE drawdown of -36.79%. Use the drawdown chart below to compare losses from any high point for WELK.DE and 4GLD.DE.
Loading charts...
Drawdown Indicators
| WELK.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.08% | -36.79% | +16.71% |
Max Drawdown (1Y)Largest decline over 1 year | -9.66% | -16.54% | +6.88% |
Max Drawdown (3Y)Largest decline over 3 years | -20.08% | -16.54% | -3.54% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.54% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.23% | — |
Current DrawdownCurrent decline from peak | -0.71% | -14.95% | +14.24% |
Average DrawdownAverage peak-to-trough decline | -3.18% | -11.83% | +8.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 6.52% | -3.47% |
Volatility
WELK.DE vs. 4GLD.DE - Volatility Comparison
The current volatility for Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.DE) is 3.58%, while Xetra-Gold (4GLD.DE) has a volatility of 5.09%. This indicates that WELK.DE experiences smaller price fluctuations and is considered to be less risky than 4GLD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WELK.DE | 4GLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.58% | 5.09% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 20.09% | -9.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 23.06% | -9.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.29% | 16.00% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.29% | 14.37% | +0.92% |
WELK.DE vs. 4GLD.DE - Expense Ratio Comparison
WELK.DE has a 0.18% expense ratio, which is higher than 4GLD.DE's 0.00% 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%.
Dividends
WELK.DE vs. 4GLD.DE - Dividend Comparison
Neither WELK.DE nor 4GLD.DE has paid dividends to shareholders.
Frequently Asked Questions
WELK.DE and 4GLD.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.18% for WELK.DE.
WELK.DE is categorized as Financials Equities, while 4GLD.DE is Gold. WELK.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials, while 4GLD.DE tracks LBMA Gold Price. They also come from different issuers: Amundi and Deutsche Börse Commodities. Their fees differ too: 0.18% for WELK.DE and 0.00% for 4GLD.DE.
Find the right allocation for WELK.DE and 4GLD.DE
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