WELL.DE vs. IVAI.DE

Last updated Jun 5, 2026

WELL.DE (Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist) and IVAI.DE (Invesco Artificial Intelligence Enablers UCITS ETF) are both Technology Equities funds - WELL.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology while IVAI.DE tracks the S&P Kensho Global Artificial Intelligence Enablers Screened Index. Both are passively managed. Over the past year, WELL.DE returned 44.12% vs 73.80% for IVAI.DE. Their correlation of 0.80 suggests significant overlap in exposure. WELL.DE charges 0.18%/yr vs 0.35%/yr for IVAI.DE.

Performance

WELL.DE vs. IVAI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist (WELL.DE) and Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WELL.DE achieves a 21.22% return, which is significantly lower than IVAI.DE's 38.56% return.

WELL.DE

• 1D: -1.85%
• 1M: 12.90%
• YTD: 21.22%
• 6M: 19.95%
• 1Y: 44.12%
• 3Y*: 27.36%
• 5Y*: —
• 10Y*: —

IVAI.DE

• 1D: -0.91%
• 1M: 19.86%
• YTD: 38.56%
• 6M: 35.72%
• 1Y: 73.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WELL.DE vs. IVAI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WELL.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist	21.22%	9.77%	3.26%
IVAI.DE Invesco Artificial Intelligence Enablers UCITS ETF	38.56%	15.37%	6.83%

Correlation

The correlation between WELL.DE and IVAI.DE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Oct 30, 2024	0.80

The correlation between WELL.DE and IVAI.DE has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

Return for Risk

WELL.DE vs. IVAI.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WELL.DE

WELL.DE Risk / Return Rank: 57
WELL.DE Sharpe Ratio Rank: 67
WELL.DE Sortino Ratio Rank: 62
WELL.DE Omega Ratio Rank: 59
WELL.DE Calmar Ratio Rank: 56
WELL.DE Martin Ratio Rank: 44

IVAI.DE

IVAI.DE Risk / Return Rank: 59
IVAI.DE Sharpe Ratio Rank: 63
IVAI.DE Sortino Ratio Rank: 61
IVAI.DE Omega Ratio Rank: 67
IVAI.DE Calmar Ratio Rank: 63
IVAI.DE Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WELL.DE vs. IVAI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist (WELL.DE) and Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.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.

	WELL.DE	IVAI.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.08	+0.09
Sortino ratio: Return per unit of downside risk	2.84	2.84	+0.01
Omega ratio: Gain probability vs. loss probability	1.36	1.39	-0.04
Calmar ratio: Return relative to maximum drawdown	2.71	3.09	-0.38
Martin ratio: Return relative to average drawdown	7.03	5.91	+1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WELL.DE vs. IVAI.DE - Sharpe Ratio Comparison

The current WELL.DE Sharpe Ratio is 2.17, which is comparable to the IVAI.DE Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of WELL.DE and IVAI.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WELL.DE	IVAI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	2.08	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	1.10	+0.42

Drawdowns

WELL.DE vs. IVAI.DE - Drawdown Comparison

The maximum WELL.DE drawdown since its inception was -28.78%, smaller than the maximum IVAI.DE drawdown of -34.16%. Use the drawdown chart below to compare losses from any high point for WELL.DE and IVAI.DE.

Drawdown Indicators

	WELL.DE	IVAI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-28.78%	-34.16%	+5.38%
Max Drawdown (1Y) Largest decline over 1 year	-16.18%	-23.74%	+7.56%
Max Drawdown (3Y) Largest decline over 3 years	-28.78%	—	—
Current Drawdown Current decline from peak	-2.72%	-3.53%	+0.81%
Average Drawdown Average peak-to-trough decline	-4.72%	-11.30%	+6.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.26%	12.45%	-6.19%

Volatility

WELL.DE vs. IVAI.DE - Volatility Comparison

The current volatility for Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist (WELL.DE) is 6.79%, while Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.DE) has a volatility of 11.14%. This indicates that WELL.DE experiences smaller price fluctuations and is considered to be less risky than IVAI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WELL.DE	IVAI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.79%	11.14%	-4.35%
Volatility (6M) Calculated over the trailing 6-month period	14.75%	20.25%	-5.50%
Volatility (1Y) Calculated over the trailing 1-year period	20.24%	35.34%	-15.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.20%	36.39%	-14.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.20%	36.39%	-14.19%

WELL.DE vs. IVAI.DE - Expense Ratio Comparison

WELL.DE has a 0.18% expense ratio, which is lower than IVAI.DE's 0.35% expense ratio.

Dividends

WELL.DE vs. IVAI.DE - Dividend Comparison

WELL.DE's dividend yield for the trailing twelve months is around 0.27%, while IVAI.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
IVAI.DE Invesco Artificial Intelligence Enablers UCITS ETF	0.00%	0.00%	0.00%	0.00%
WELL.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Dist	0.27%	0.35%	0.36%	0.14%

Frequently Asked Questions

Can I hold both WELL.DE and IVAI.DE in my portfolio?

WELL.DE and IVAI.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WELL.DE or IVAI.DE?

On fees, WELL.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WELL.DE or IVAI.DE?

WELL.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for IVAI.DE.

What is the main difference between WELL.DE and IVAI.DE?

WELL.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology, while IVAI.DE tracks S&P Kensho Global Artificial Intelligence Enablers Screened Index. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.18% for WELL.DE and 0.35% for IVAI.DE.