WELK.DE vs. IUS2.DE
WELK.DE (Amundi S&P Global Financials ESG UCITS ETF EUR Acc) and IUS2.DE (iShares S&P U.S. Banks UCITS ETF USD (Acc)) are both Financials Equities funds - WELK.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials while IUS2.DE tracks the S&P 900 Banks 7/4 Capped. Both are passively managed. Over the past 3 years, WELK.DE returned 21.67%/yr vs 22.96%/yr for IUS2.DE. A 0.78 correlation means they provide meaningful diversification when combined. WELK.DE charges 0.18%/yr vs 0.35%/yr for IUS2.DE.
Performance
WELK.DE vs. IUS2.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELK.DE achieves a 1.91% return, which is significantly lower than IUS2.DE's 4.22% return.
WELK.DE
- 1D
- 2.00%
- 1M
- 1.21%
- YTD
- 1.91%
- 6M
- 5.76%
- 1Y
- 13.95%
- 3Y*
- 21.67%
- 5Y*
- —
- 10Y*
- —
IUS2.DE
- 1D
- 3.48%
- 1M
- 0.42%
- YTD
- 4.22%
- 6M
- 7.63%
- 1Y
- 26.47%
- 3Y*
- 22.96%
- 5Y*
- 5.75%
- 10Y*
- —
WELK.DE vs. IUS2.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% |
IUS2.DE iShares S&P U.S. Banks UCITS ETF USD (Acc) | 4.22% | 8.89% | 33.51% | -6.27% | -6.28% |
Correlation
The correlation between WELK.DE and IUS2.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.78 |
The correlation between WELK.DE and IUS2.DE has been stable across timeframes, ranging from 0.77 to 0.78 - a consistent structural relationship.
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Return for Risk
WELK.DE vs. IUS2.DE — Risk / Return Rank
WELK.DE
IUS2.DE
WELK.DE vs. IUS2.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 iShares S&P U.S. Banks UCITS ETF USD (Acc) (IUS2.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 | IUS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.22 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.74 | -0.32 |
| Martin ratioReturn relative to average drawdown | 4.51 | 4.72 | -0.21 |
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
| WELK.DE | IUS2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.22 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.33 | 0.20 | +1.13 |
Drawdowns
WELK.DE vs. IUS2.DE - Drawdown Comparison
The maximum WELK.DE drawdown since its inception was -20.08%, smaller than the maximum IUS2.DE drawdown of -49.73%. Use the drawdown chart below to compare losses from any high point for WELK.DE and IUS2.DE.
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Drawdown Indicators
| WELK.DE | IUS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.08% | -49.73% | +29.65% |
Max Drawdown (1Y)Largest decline over 1 year | -9.66% | -14.73% | +5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -20.08% | -32.32% | +12.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.08% | — |
Current DrawdownCurrent decline from peak | -0.71% | -3.92% | +3.21% |
Average DrawdownAverage peak-to-trough decline | -3.18% | -16.24% | +13.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 5.44% | -2.39% |
Volatility
WELK.DE vs. IUS2.DE - Volatility Comparison
The current volatility for Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.DE) is 3.58%, while iShares S&P U.S. Banks UCITS ETF USD (Acc) (IUS2.DE) has a volatility of 5.80%. This indicates that WELK.DE experiences smaller price fluctuations and is considered to be less risky than IUS2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELK.DE | IUS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.58% | 5.80% | -2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 15.40% | -4.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 20.99% | -7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.29% | 26.98% | -11.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.29% | 30.10% | -14.81% |
WELK.DE vs. IUS2.DE - Expense Ratio Comparison
WELK.DE has a 0.18% expense ratio, which is lower than IUS2.DE's 0.35% expense ratio.
Dividends
WELK.DE vs. IUS2.DE - Dividend Comparison
Neither WELK.DE nor IUS2.DE has paid dividends to shareholders.
Frequently Asked Questions
WELK.DE and IUS2.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELK.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELK.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for IUS2.DE.
WELK.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials, while IUS2.DE tracks S&P 900 Banks 7/4 Capped. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for WELK.DE and 0.35% for IUS2.DE.
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