WELV.DE vs. EXV8.DE
WELV.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Dist) and EXV8.DE (iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)) are both Industrials Equities funds - WELV.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials while EXV8.DE tracks the STOXX® Europe 600 Construction & Materials. Both are passively managed. Over the past 3 years, WELV.DE returned 13.15%/yr vs 15.58%/yr for EXV8.DE. A 0.54 correlation means they provide meaningful diversification when combined. WELV.DE charges 0.18%/yr vs 0.46%/yr for EXV8.DE.
Performance
WELV.DE vs. EXV8.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WELV.DE achieves a 16.85% return, which is significantly higher than EXV8.DE's 1.00% return.
WELV.DE
- 1D
- -0.38%
- 1M
- 2.10%
- YTD
- 16.85%
- 6M
- 21.06%
- 1Y
- 31.99%
- 3Y*
- 13.15%
- 5Y*
- —
- 10Y*
- —
EXV8.DE
- 1D
- 0.17%
- 1M
- -4.48%
- YTD
- 1.00%
- 6M
- 2.33%
- 1Y
- 6.56%
- 3Y*
- 15.58%
- 5Y*
- 9.70%
- 10Y*
- 10.37%
WELV.DE vs. EXV8.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELV.DE Amundi S&P Global Materials ESG UCITS ETF EUR Dist | 16.85% | 14.77% | -0.57% | 9.65% | -1.62% |
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | 1.00% | 25.00% | 6.42% | 33.57% | -2.85% |
Correlation
The correlation between WELV.DE and EXV8.DE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2022 | 0.54 |
The correlation between WELV.DE and EXV8.DE has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WELV.DE vs. EXV8.DE — Risk / Return Rank
WELV.DE
EXV8.DE
WELV.DE vs. EXV8.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Materials ESG UCITS ETF EUR Dist (WELV.DE) and iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.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.
| WELV.DE | EXV8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.08 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 0.49 | +1.84 |
| Martin ratioReturn relative to average drawdown | 9.43 | 1.50 | +7.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WELV.DE | EXV8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 0.38 | +1.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.49 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.44 | +0.32 |
Drawdowns
WELV.DE vs. EXV8.DE - Drawdown Comparison
The maximum WELV.DE drawdown since its inception was -21.27%, smaller than the maximum EXV8.DE drawdown of -66.09%. Use the drawdown chart below to compare losses from any high point for WELV.DE and EXV8.DE.
Loading charts...
Drawdown Indicators
| WELV.DE | EXV8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.27% | -66.09% | +44.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.36% | -15.30% | +0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -21.27% | -16.83% | -4.44% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.81% | — |
Current DrawdownCurrent decline from peak | -1.63% | -6.66% | +5.03% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -15.00% | +10.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 5.00% | -1.49% |
Volatility
WELV.DE vs. EXV8.DE - Volatility Comparison
Amundi S&P Global Materials ESG UCITS ETF EUR Dist (WELV.DE) has a higher volatility of 6.61% compared to iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) at 6.24%. This indicates that WELV.DE's price experiences larger fluctuations and is considered to be riskier than EXV8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WELV.DE | EXV8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.61% | 6.24% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 15.33% | 16.12% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.02% | 19.72% | -1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.99% | 19.47% | -2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.99% | 20.26% | -3.27% |
WELV.DE vs. EXV8.DE - Expense Ratio Comparison
WELV.DE has a 0.18% expense ratio, which is lower than EXV8.DE's 0.46% expense ratio.
Dividends
WELV.DE vs. EXV8.DE - Dividend Comparison
WELV.DE's dividend yield for the trailing twelve months is around 1.43%, more than EXV8.DE's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | 1.39% | 1.39% | 1.69% | 1.59% | 1.78% | 1.34% | 0.53% | 1.55% | 1.66% | 2.87% | 2.80% | 2.79% |
WELV.DE Amundi S&P Global Materials ESG UCITS ETF EUR Dist | 1.43% | 1.77% | 2.71% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WELV.DE and EXV8.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELV.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELV.DE is cheaper with a 0.18% expense ratio, compared with 0.46% for EXV8.DE.
WELV.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials, while EXV8.DE tracks STOXX® Europe 600 Construction & Materials. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for WELV.DE and 0.46% for EXV8.DE.
Find the right allocation for WELV.DE and EXV8.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer