WELK.DE vs. SC0Y.DE
WELK.DE (Amundi S&P Global Financials ESG UCITS ETF EUR Acc) and SC0Y.DE (Invesco European Insurance Sector UCITS ETF Acc) are both Financials Equities funds - WELK.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials while SC0Y.DE tracks the STOXX® Europe 600 Optimised Insurance. Both are passively managed. Over the past 3 years, WELK.DE returned 21.67%/yr vs 17.89%/yr for SC0Y.DE. A 0.66 correlation means they provide meaningful diversification when combined. WELK.DE charges 0.18%/yr vs 0.20%/yr for SC0Y.DE.
Performance
WELK.DE vs. SC0Y.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 higher than SC0Y.DE's -2.77% return.
WELK.DE
- 1D
- 2.00%
- 1M
- 1.21%
- YTD
- 1.91%
- 6M
- 5.76%
- 1Y
- 13.95%
- 3Y*
- 21.67%
- 5Y*
- —
- 10Y*
- —
SC0Y.DE
- 1D
- 0.26%
- 1M
- -4.21%
- YTD
- -2.77%
- 6M
- 2.84%
- 1Y
- 2.27%
- 3Y*
- 17.89%
- 5Y*
- 13.84%
- 10Y*
- 10.75%
WELK.DE vs. SC0Y.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% |
SC0Y.DE Invesco European Insurance Sector UCITS ETF Acc | -2.77% | 29.31% | 22.30% | 12.85% | 17.01% |
Correlation
The correlation between WELK.DE and SC0Y.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.66 |
The correlation between WELK.DE and SC0Y.DE has been stable across timeframes, ranging from 0.66 to 0.70 - a consistent structural relationship.
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Return for Risk
WELK.DE vs. SC0Y.DE — Risk / Return Rank
WELK.DE
SC0Y.DE
WELK.DE vs. SC0Y.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 Invesco European Insurance Sector UCITS ETF Acc (SC0Y.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 | SC0Y.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.04 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 0.35 | +1.07 |
| Martin ratioReturn relative to average drawdown | 4.51 | 0.71 | +3.79 |
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 | SC0Y.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 0.17 | +0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.82 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.33 | 0.52 | +0.81 |
Drawdowns
WELK.DE vs. SC0Y.DE - Drawdown Comparison
The maximum WELK.DE drawdown since its inception was -20.08%, smaller than the maximum SC0Y.DE drawdown of -46.88%. Use the drawdown chart below to compare losses from any high point for WELK.DE and SC0Y.DE.
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Drawdown Indicators
| WELK.DE | SC0Y.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.08% | -46.88% | +26.80% |
Max Drawdown (1Y)Largest decline over 1 year | -9.66% | -7.02% | -2.64% |
Max Drawdown (3Y)Largest decline over 3 years | -20.08% | -12.60% | -7.48% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.88% | — |
Current DrawdownCurrent decline from peak | -0.71% | -5.41% | +4.70% |
Average DrawdownAverage peak-to-trough decline | -3.18% | -7.14% | +3.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 3.49% | -0.44% |
Volatility
WELK.DE vs. SC0Y.DE - Volatility Comparison
The current volatility for Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.DE) is 3.58%, while Invesco European Insurance Sector UCITS ETF Acc (SC0Y.DE) has a volatility of 4.60%. This indicates that WELK.DE experiences smaller price fluctuations and is considered to be less risky than SC0Y.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 | SC0Y.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.58% | 4.60% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 11.38% | -0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 14.86% | -1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.29% | 16.61% | -1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.29% | 19.86% | -4.57% |
WELK.DE vs. SC0Y.DE - Expense Ratio Comparison
WELK.DE has a 0.18% expense ratio, which is lower than SC0Y.DE's 0.20% expense ratio. Despite the difference, 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. SC0Y.DE - Dividend Comparison
Neither WELK.DE nor SC0Y.DE has paid dividends to shareholders.
Frequently Asked Questions
WELK.DE and SC0Y.DE have a correlation of 0.70, 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 0.20% for SC0Y.DE.
WELK.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials, while SC0Y.DE tracks STOXX® Europe 600 Optimised Insurance. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.18% for WELK.DE and 0.20% for SC0Y.DE.
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