WELR.DE vs. SPYT.DE
WELR.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist) and SPYT.DE (SPDR MSCI Europe Communication Services UCITS ETF) are both Communications Equities funds - WELR.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services while SPYT.DE tracks the MSCI Europe Communication Services 20/35 Capped. Both are passively managed. Over the past 3 years, WELR.DE returned 21.51%/yr vs 10.29%/yr for SPYT.DE. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.
Performance
WELR.DE vs. SPYT.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with WELR.DE having a 3.18% return and SPYT.DE slightly lower at 3.11%.
WELR.DE
- 1D
- 0.97%
- 1M
- 0.72%
- YTD
- 3.18%
- 6M
- 1.21%
- 1Y
- 21.19%
- 3Y*
- 21.51%
- 5Y*
- —
- 10Y*
- —
SPYT.DE
- 1D
- -0.08%
- 1M
- 2.62%
- YTD
- 3.11%
- 6M
- 5.27%
- 1Y
- -7.75%
- 3Y*
- 10.29%
- 5Y*
- 5.43%
- 10Y*
- 1.47%
WELR.DE vs. SPYT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELR.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist | 3.18% | 15.85% | 35.02% | 46.75% | -6.91% |
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 3.11% | 7.33% | 14.79% | 14.90% | 2.99% |
Correlation
The correlation between WELR.DE and SPYT.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.36 |
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Return for Risk
WELR.DE vs. SPYT.DE — Risk / Return Rank
WELR.DE
SPYT.DE
WELR.DE vs. SPYT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist (WELR.DE) and SPDR MSCI Europe Communication Services UCITS ETF (SPYT.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.
| WELR.DE | SPYT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.92 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | -0.52 | +1.95 |
| Martin ratioReturn relative to average drawdown | 4.45 | -0.97 | +5.42 |
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
| WELR.DE | SPYT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | -0.58 | +1.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.40 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.32 | 0.23 | +1.09 |
Drawdowns
WELR.DE vs. SPYT.DE - Drawdown Comparison
The maximum WELR.DE drawdown since its inception was -25.22%, smaller than the maximum SPYT.DE drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for WELR.DE and SPYT.DE.
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Drawdown Indicators
| WELR.DE | SPYT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.22% | -49.63% | +24.41% |
Max Drawdown (1Y)Largest decline over 1 year | -14.70% | -14.98% | +0.28% |
Max Drawdown (3Y)Largest decline over 3 years | -25.22% | -14.98% | -10.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.35% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.09% | — |
Current DrawdownCurrent decline from peak | -2.48% | -8.46% | +5.98% |
Average DrawdownAverage peak-to-trough decline | -4.28% | -18.83% | +14.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 7.65% | -2.90% |
Volatility
WELR.DE vs. SPYT.DE - Volatility Comparison
Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist (WELR.DE) and SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) have volatilities of 4.20% and 4.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELR.DE | SPYT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 4.21% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.86% | 10.43% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 13.45% | +2.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.26% | 13.48% | +4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.26% | 15.67% | +2.59% |
WELR.DE vs. SPYT.DE - Expense Ratio Comparison
Both WELR.DE and SPYT.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
WELR.DE vs. SPYT.DE - Dividend Comparison
WELR.DE's dividend yield for the trailing twelve months is around 0.50%, while SPYT.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
WELR.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist | 0.50% | 0.49% | 0.44% | 0.34% |
Frequently Asked Questions
WELR.DE and SPYT.DE have a correlation of 0.36, 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.
WELR.DE and SPYT.DE have the same expense ratio: 0.18% per year.
WELR.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services, while SPYT.DE tracks MSCI Europe Communication Services 20/35 Capped. They also come from different issuers: Amundi and State Street.
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