WELU.DE vs. IUIT.L
WELU.DE (Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc) and IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) are both Technology Equities funds - WELU.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology while IUIT.L tracks the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 3 years, WELU.DE returned 27.35%/yr vs 30.84%/yr for IUIT.L. Their correlation of 0.94 suggests significant overlap in exposure. WELU.DE charges 0.18%/yr vs 0.15%/yr for IUIT.L.
Performance
WELU.DE vs. IUIT.L - Performance Comparison
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Different Trading Currencies
WELU.DE is traded in EUR, while IUIT.L is traded in USD. To make them comparable, the IUIT.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WELU.DE achieves a 21.54% return, which is significantly lower than IUIT.L's 24.44% return.
WELU.DE
- 1D
- -1.73%
- 1M
- 12.92%
- YTD
- 21.54%
- 6M
- 20.01%
- 1Y
- 44.17%
- 3Y*
- 27.35%
- 5Y*
- —
- 10Y*
- —
IUIT.L
- 1D
- -2.25%
- 1M
- 13.89%
- YTD
- 24.44%
- 6M
- 23.08%
- 1Y
- 49.32%
- 3Y*
- 30.84%
- 5Y*
- 25.33%
- 10Y*
- 26.05%
WELU.DE vs. IUIT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELU.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc | 21.54% | 9.54% | 38.64% | 57.43% | 0.20% |
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 24.44% | 8.34% | 47.65% | 54.67% | -4.94% |
Correlation
The correlation between WELU.DE and IUIT.L is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.94 |
The correlation between WELU.DE and IUIT.L has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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Return for Risk
WELU.DE vs. IUIT.L — Risk / Return Rank
WELU.DE
IUIT.L
WELU.DE vs. IUIT.L - 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 Acc (WELU.DE) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L). 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.
| WELU.DE | IUIT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.39 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 3.04 | -0.34 |
| Martin ratioReturn relative to average drawdown | 6.94 | 7.99 | -1.05 |
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
| WELU.DE | IUIT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 2.36 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.08 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.52 | 1.11 | +0.41 |
Drawdowns
WELU.DE vs. IUIT.L - Drawdown Comparison
The maximum WELU.DE drawdown since its inception was -28.67%, smaller than the maximum IUIT.L drawdown of -31.38%. Use the drawdown chart below to compare losses from any high point for WELU.DE and IUIT.L.
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Drawdown Indicators
| WELU.DE | IUIT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.67% | -31.38% | +2.71% |
Max Drawdown (1Y)Largest decline over 1 year | -16.26% | -16.15% | -0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -28.67% | -29.93% | +1.26% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.38% | — |
Current DrawdownCurrent decline from peak | -2.65% | -3.00% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -4.74% | -5.67% | +0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.35% | 6.16% | +0.19% |
Volatility
WELU.DE vs. IUIT.L - Volatility Comparison
The current volatility for Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.DE) is 6.70%, while iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a volatility of 7.34%. This indicates that WELU.DE experiences smaller price fluctuations and is considered to be less risky than IUIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELU.DE | IUIT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 7.34% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 14.75% | 15.50% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.41% | 20.76% | -0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.28% | 23.38% | -1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.28% | 22.70% | -0.42% |
WELU.DE vs. IUIT.L - Expense Ratio Comparison
WELU.DE has a 0.18% expense ratio, which is higher than IUIT.L'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
WELU.DE vs. IUIT.L - Dividend Comparison
Neither WELU.DE nor IUIT.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, WELU.DE and IUIT.L 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, IUIT.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUIT.L is cheaper with a 0.15% expense ratio, compared with 0.18% for WELU.DE.
WELU.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology, while IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for WELU.DE and 0.15% for IUIT.L.
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