WELR.DE vs. WELX.DE
Compare and contrast key facts about Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist (WELR.DE) and Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE).
WELR.DE and WELX.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WELR.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. It was launched on Sep 20, 2022. WELX.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. It was launched on Sep 20, 2022. Both WELR.DE and WELX.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WELR.DE or WELX.DE.
Key characteristics
| WELR.DE | WELX.DE | |
|---|---|---|
| YTD Return | 30.05% | 29.81% |
| 1Y Return | 36.20% | 35.99% |
| Sharpe Ratio | 2.18 | 2.14 |
| Sortino Ratio | 2.94 | 2.89 |
| Omega Ratio | 1.43 | 1.42 |
| Calmar Ratio | 2.75 | 2.59 |
| Martin Ratio | 7.72 | 7.53 |
| Ulcer Index | 4.57% | 4.65% |
| Daily Std Dev | 16.07% | 16.22% |
| Max Drawdown | -12.98% | -13.53% |
| Current Drawdown | 0.00% | -0.18% |
Correlation
The correlation between WELR.DE and WELX.DE is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WELR.DE vs. WELX.DE - Performance Comparison
The year-to-date returns for both stocks are quite close, with WELR.DE having a 30.05% return and WELX.DE slightly lower at 29.81%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WELR.DE vs. WELX.DE - Expense Ratio Comparison
Both WELR.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%.
Risk-Adjusted Performance
WELR.DE vs. WELX.DE - Risk-Adjusted Performance 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 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.
Dividends
WELR.DE vs. WELX.DE - Dividend Comparison
WELR.DE's dividend yield for the trailing twelve months is around 0.45%, while WELX.DE has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
WELR.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist | 0.45% | 0.34% |
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | 0.00% | 0.00% |
Drawdowns
WELR.DE vs. WELX.DE - Drawdown Comparison
The maximum WELR.DE drawdown since its inception was -12.98%, roughly equal to the maximum WELX.DE drawdown of -13.53%. Use the drawdown chart below to compare losses from any high point for WELR.DE and WELX.DE. For additional features, visit the drawdowns tool.
Volatility
WELR.DE vs. WELX.DE - Volatility Comparison
Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist (WELR.DE) and Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) have volatilities of 4.74% and 4.95%, 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.