WELK.DE vs. WELX.DE
WELK.DE (Amundi S&P Global Financials ESG UCITS ETF EUR Acc) and WELX.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc) are both exchange-traded funds - WELK.DE is a Financials Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials, while WELX.DE is a Communications Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. Both are passively managed. Over the past 3 years, WELK.DE returned 24.36%/yr vs 21.01%/yr for WELX.DE. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
WELK.DE vs. WELX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELK.DE achieves a 7.63% return, which is significantly higher than WELX.DE's -0.77% return.
WELK.DE
- 1D
- 0.00%
- 1M
- 5.74%
- YTD
- 7.63%
- 6M
- 7.44%
- 1Y
- 21.74%
- 3Y*
- 24.36%
- 5Y*
- —
- 10Y*
- —
WELX.DE
- 1D
- 0.00%
- 1M
- -5.50%
- YTD
- -0.77%
- 6M
- 0.08%
- 1Y
- 15.14%
- 3Y*
- 21.01%
- 5Y*
- —
- 10Y*
- —
WELK.DE vs. WELX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELK.DE Amundi S&P Global Financials ESG UCITS ETF EUR Acc | 7.63% | 17.19% | 33.74% | 12.60% | 0.80% |
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | -0.77% | 16.08% | 35.06% | 46.63% | -12.65% |
Correlation
The correlation between WELK.DE and WELX.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022 | 0.49 |
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Return for Risk
WELK.DE vs. WELX.DE — Risk / Return Rank
WELK.DE
WELX.DE
WELK.DE vs. WELX.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 Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WELK.DE | WELX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.16 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 1.01 | +1.23 |
| Martin ratioReturn relative to average drawdown | 7.22 | 3.02 | +4.21 |
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Drawdowns
WELK.DE vs. WELX.DE - Drawdown Comparison
The maximum WELK.DE drawdown since its inception was -20.08%, smaller than the maximum WELX.DE drawdown of -25.19%. Use the drawdown chart below to compare losses from any high point for WELK.DE and WELX.DE.
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Drawdown Indicators
| WELK.DE | WELX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.08% | -25.19% | +5.11% |
Max Drawdown (1Y)Largest decline over 1 year | -9.66% | -14.88% | +5.22% |
Max Drawdown (3Y)Largest decline over 3 years | -20.08% | -25.19% | +5.11% |
Current DrawdownCurrent decline from peak | -0.11% | -5.90% | +5.79% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -4.34% | +1.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 5.00% | -2.00% |
Volatility
WELK.DE vs. WELX.DE - Volatility Comparison
The current volatility for Amundi S&P Global Financials ESG UCITS ETF EUR Acc (WELK.DE) is 3.94%, while Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) has a volatility of 5.39%. This indicates that WELK.DE experiences smaller price fluctuations and is considered to be less risky than WELX.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 | WELX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.94% | 5.39% | -1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.80% | 11.45% | -0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.81% | 16.28% | -2.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.41% | 18.64% | -3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.41% | 18.64% | -3.23% |
WELK.DE vs. WELX.DE - Expense Ratio Comparison
Both WELK.DE and WELX.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
WELK.DE vs. WELX.DE - Dividend Comparison
Neither WELK.DE nor WELX.DE has paid dividends to shareholders.
Frequently Asked Questions
WELK.DE and WELX.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WELK.DE and WELX.DE have the same expense ratio: 0.18% per year.
WELK.DE is categorized as Financials Equities, while WELX.DE is Communications Equities. WELK.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials, while WELX.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services.
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