WELR.DE vs. ZPDK.DE
WELR.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist) and ZPDK.DE (SPDR S&P U.S. Communication Services Select Sector UCITS ETF) are both Communications Equities funds - WELR.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services while ZPDK.DE tracks the S&P Communication Services Select Sector Daily Capped 25/20. Both are passively managed. Over the past 3 years, WELR.DE returned 21.51%/yr vs 22.06%/yr for ZPDK.DE. Their correlation of 0.90 suggests significant overlap in exposure. WELR.DE charges 0.18%/yr vs 0.15%/yr for ZPDK.DE.
Performance
WELR.DE vs. ZPDK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELR.DE achieves a 3.18% return, which is significantly lower than ZPDK.DE's 3.41% return.
WELR.DE
- 1D
- 0.97%
- 1M
- 0.72%
- YTD
- 3.18%
- 6M
- 1.21%
- 1Y
- 21.19%
- 3Y*
- 21.51%
- 5Y*
- —
- 10Y*
- —
ZPDK.DE
- 1D
- 1.45%
- 1M
- -2.27%
- YTD
- 3.41%
- 6M
- 2.07%
- 1Y
- 18.77%
- 3Y*
- 22.06%
- 5Y*
- 11.35%
- 10Y*
- —
WELR.DE vs. ZPDK.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% |
ZPDK.DE SPDR S&P U.S. Communication Services Select Sector UCITS ETF | 3.41% | 13.23% | 39.09% | 48.24% | -9.50% |
Correlation
The correlation between WELR.DE and ZPDK.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.90 |
The correlation between WELR.DE and ZPDK.DE has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.
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Return for Risk
WELR.DE vs. ZPDK.DE — Risk / Return Rank
WELR.DE
ZPDK.DE
WELR.DE vs. ZPDK.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 S&P U.S. Communication Services Select Sector UCITS ETF (ZPDK.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 | ZPDK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 2.25 | -0.82 |
| Martin ratioReturn relative to average drawdown | 4.45 | 7.91 | -3.46 |
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 | ZPDK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.34 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.32 | 0.68 | +0.63 |
Drawdowns
WELR.DE vs. ZPDK.DE - Drawdown Comparison
The maximum WELR.DE drawdown since its inception was -25.22%, smaller than the maximum ZPDK.DE drawdown of -36.98%. Use the drawdown chart below to compare losses from any high point for WELR.DE and ZPDK.DE.
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Drawdown Indicators
| WELR.DE | ZPDK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.22% | -36.98% | +11.76% |
Max Drawdown (1Y)Largest decline over 1 year | -14.70% | -8.30% | -6.40% |
Max Drawdown (3Y)Largest decline over 3 years | -25.22% | -21.88% | -3.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.98% | — |
Current DrawdownCurrent decline from peak | -2.48% | -4.21% | +1.73% |
Average DrawdownAverage peak-to-trough decline | -4.28% | -7.91% | +3.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 2.37% | +2.38% |
Volatility
WELR.DE vs. ZPDK.DE - Volatility Comparison
Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist (WELR.DE) and SPDR S&P U.S. Communication Services Select Sector UCITS ETF (ZPDK.DE) have volatilities of 4.20% and 4.24%, 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 | ZPDK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 4.24% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 10.86% | 9.60% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 13.93% | +1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.26% | 18.59% | -0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.26% | 19.48% | -1.22% |
WELR.DE vs. ZPDK.DE - Expense Ratio Comparison
WELR.DE has a 0.18% expense ratio, which is higher than ZPDK.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WELR.DE vs. ZPDK.DE - Dividend Comparison
WELR.DE's dividend yield for the trailing twelve months is around 0.50%, while ZPDK.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
WELR.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Dist | 0.50% | 0.49% | 0.44% | 0.34% |
ZPDK.DE SPDR S&P U.S. Communication Services Select Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.90, WELR.DE and ZPDK.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, ZPDK.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDK.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for WELR.DE.
WELR.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services, while ZPDK.DE tracks S&P Communication Services Select Sector Daily Capped 25/20. They also come from different issuers: Amundi and State Street. Their fees differ too: 0.18% for WELR.DE and 0.15% for ZPDK.DE.
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