WELV.DE vs. INDU.DE
WELV.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Dist) and INDU.DE (Lyxor STOXX Europe 600 Industrial Goods & Services UCITS ETF Dist) are both Industrials Equities funds from Amundi - WELV.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials while INDU.DE tracks the STOXX® Europe 600 Industrial Goods & Services. Both are passively managed. Over the past 3 years, WELV.DE returned 11.37%/yr vs 17.22%/yr for INDU.DE. A 0.67 correlation means they provide meaningful diversification when combined. WELV.DE charges 0.18%/yr vs 0.30%/yr for INDU.DE.
Performance
WELV.DE vs. INDU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELV.DE achieves a 12.81% return, which is significantly higher than INDU.DE's 7.26% return.
WELV.DE
- 1D
- 0.00%
- 1M
- -2.38%
- 6M
- 6.65%
- YTD
- 12.81%
- 1Y
- 28.23%
- 3Y*
- 11.37%
- 5Y*
- —
- 10Y*
- —
INDU.DE
- 1D
- -0.59%
- 1M
- 1.19%
- 6M
- 0.80%
- YTD
- 7.26%
- 1Y
- 11.76%
- 3Y*
- 17.22%
- 5Y*
- 10.28%
- 10Y*
- —
WELV.DE vs. INDU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELV.DE Amundi S&P Global Materials ESG UCITS ETF EUR Dist | 12.81% | 14.77% | -0.45% | 10.45% | 5.00% |
INDU.DE Lyxor STOXX Europe 600 Industrial Goods & Services UCITS ETF Dist | 7.26% | 23.70% | 14.73% | 23.09% | 9.72% |
Correlation
The correlation between WELV.DE and INDU.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022 | 0.67 |
The correlation between WELV.DE and INDU.DE has been stable across timeframes, ranging from 0.63 to 0.67 - a consistent structural relationship.
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Return for Risk
WELV.DE vs. INDU.DE — Risk / Return Rank
WELV.DE
INDU.DE
WELV.DE vs. INDU.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 Lyxor STOXX Europe 600 Industrial Goods & Services UCITS ETF Dist (INDU.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WELV.DE | INDU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.12 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 0.89 | +1.06 |
| Martin ratioReturn relative to average drawdown | 7.42 | 3.03 | +4.39 |
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Drawdowns
WELV.DE vs. INDU.DE - Drawdown Comparison
The maximum WELV.DE drawdown since its inception was -21.27%, smaller than the maximum INDU.DE drawdown of -30.87%. Use the drawdown chart below to compare losses from any high point for WELV.DE and INDU.DE.
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Drawdown Indicators
| WELV.DE | INDU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.27% | -30.87% | +9.60% |
Max Drawdown (1Y)Largest decline over 1 year | -14.36% | -13.10% | -1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -21.27% | -18.84% | -2.43% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.87% | — |
Current DrawdownCurrent decline from peak | -5.69% | -4.65% | -1.04% |
Average DrawdownAverage peak-to-trough decline | -4.47% | -6.48% | +2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.79% | 3.87% | -0.08% |
Volatility
WELV.DE vs. INDU.DE - Volatility Comparison
Amundi S&P Global Materials ESG UCITS ETF EUR Dist (WELV.DE) has a higher volatility of 6.68% compared to Lyxor STOXX Europe 600 Industrial Goods & Services UCITS ETF Dist (INDU.DE) at 5.92%. This indicates that WELV.DE's price experiences larger fluctuations and is considered to be riskier than INDU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELV.DE | INDU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 5.92% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 16.63% | 17.41% | -0.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.17% | 20.75% | -1.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 19.77% | -3.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.26% | 19.37% | -3.11% |
WELV.DE vs. INDU.DE - Expense Ratio Comparison
WELV.DE has a 0.18% expense ratio, which is lower than INDU.DE's 0.30% expense ratio.
Dividends
WELV.DE vs. INDU.DE - Dividend Comparison
WELV.DE's dividend yield for the trailing twelve months is around 1.48%, less than INDU.DE's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
INDU.DE Lyxor STOXX Europe 600 Industrial Goods & Services UCITS ETF Dist | 1.53% | 1.64% | 1.80% | 1.56% | 2.56% | 1.18% | 0.29% |
WELV.DE Amundi S&P Global Materials ESG UCITS ETF EUR Dist | 1.48% | 1.77% | 2.71% | 0.31% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WELV.DE and INDU.DE have a correlation of 0.63, 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 0.30% for INDU.DE.
WELV.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials, while INDU.DE tracks STOXX® Europe 600 Industrial Goods & Services. Their fees differ too: 0.18% for WELV.DE and 0.30% for INDU.DE.
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