WELS.DE vs. QDVE.DE
Compare and contrast key facts about Amundi S&P Global Health Care ESG UCITS ETF EUR Acc (WELS.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
WELS.DE and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WELS.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. It was launched on Sep 20, 2022. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both WELS.DE and QDVE.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: WELS.DE or QDVE.DE.
Correlation
The correlation between WELS.DE and QDVE.DE is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WELS.DE vs. QDVE.DE - Performance Comparison
Key characteristics
WELS.DE:
0.64
QDVE.DE:
1.42
WELS.DE:
0.94
QDVE.DE:
1.91
WELS.DE:
1.12
QDVE.DE:
1.26
WELS.DE:
0.69
QDVE.DE:
2.00
WELS.DE:
1.72
QDVE.DE:
6.23
WELS.DE:
4.14%
QDVE.DE:
5.03%
WELS.DE:
11.13%
QDVE.DE:
22.11%
WELS.DE:
-10.38%
QDVE.DE:
-31.45%
WELS.DE:
-4.04%
QDVE.DE:
-2.66%
Returns By Period
In the year-to-date period, WELS.DE achieves a 6.60% return, which is significantly higher than QDVE.DE's 0.11% return.
WELS.DE
6.60%
5.43%
-1.82%
5.95%
N/A
N/A
QDVE.DE
0.11%
0.31%
13.99%
35.92%
23.06%
N/A
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WELS.DE vs. QDVE.DE - Expense Ratio Comparison
WELS.DE has a 0.18% expense ratio, which is higher than QDVE.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%.
Risk-Adjusted Performance
WELS.DE vs. QDVE.DE — Risk-Adjusted Performance Rank
WELS.DE
QDVE.DE
WELS.DE vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Health Care ESG UCITS ETF EUR Acc (WELS.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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
WELS.DE vs. QDVE.DE - Dividend Comparison
Neither WELS.DE nor QDVE.DE has paid dividends to shareholders.
Drawdowns
WELS.DE vs. QDVE.DE - Drawdown Comparison
The maximum WELS.DE drawdown since its inception was -10.38%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for WELS.DE and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
WELS.DE vs. QDVE.DE - Volatility Comparison
The current volatility for Amundi S&P Global Health Care ESG UCITS ETF EUR Acc (WELS.DE) is 3.38%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 8.84%. This indicates that WELS.DE experiences smaller price fluctuations and is considered to be less risky than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.