WELX.DE vs. 6AQQ.DE
WELX.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc) and 6AQQ.DE (Amundi Nasdaq 100 UCITS ETF EUR) are both exchange-traded funds - WELX.DE is a Communications Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services, while 6AQQ.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 3 years, WELX.DE returned 21.53%/yr vs 24.68%/yr for 6AQQ.DE. A 0.75 correlation means they provide meaningful diversification when combined. WELX.DE charges 0.18%/yr vs 0.23%/yr for 6AQQ.DE.
Performance
WELX.DE vs. 6AQQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELX.DE achieves a 2.94% return, which is significantly lower than 6AQQ.DE's 20.65% return.
WELX.DE
- 1D
- 0.98%
- 1M
- 0.71%
- YTD
- 2.94%
- 6M
- 1.20%
- 1Y
- 21.17%
- 3Y*
- 21.53%
- 5Y*
- —
- 10Y*
- —
6AQQ.DE
- 1D
- -0.84%
- 1M
- 7.97%
- YTD
- 20.65%
- 6M
- 18.79%
- 1Y
- 37.28%
- 3Y*
- 24.68%
- 5Y*
- 18.87%
- 10Y*
- 21.42%
WELX.DE vs. 6AQQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | 2.94% | 16.08% | 35.06% | 46.63% | -6.87% |
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 20.65% | 7.08% | 33.77% | 51.54% | -9.11% |
Correlation
The correlation between WELX.DE and 6AQQ.DE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.75 |
The correlation between WELX.DE and 6AQQ.DE shifts across timeframes, from 0.65 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WELX.DE vs. 6AQQ.DE — Risk / Return Rank
WELX.DE
6AQQ.DE
WELX.DE vs. 6AQQ.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 Acc (WELX.DE) and Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.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.
| WELX.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.42 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 3.77 | -2.35 |
| Martin ratioReturn relative to average drawdown | 4.34 | 11.17 | -6.82 |
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
| WELX.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 2.41 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.94 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | 1.08 | +0.23 |
Drawdowns
WELX.DE vs. 6AQQ.DE - Drawdown Comparison
The maximum WELX.DE drawdown since its inception was -25.19%, smaller than the maximum 6AQQ.DE drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for WELX.DE and 6AQQ.DE.
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Drawdown Indicators
| WELX.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.19% | -31.19% | +6.00% |
Max Drawdown (1Y)Largest decline over 1 year | -14.88% | -10.01% | -4.87% |
Max Drawdown (3Y)Largest decline over 3 years | -25.19% | -26.73% | +1.54% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.19% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.19% | — |
Current DrawdownCurrent decline from peak | -2.38% | -0.84% | -1.54% |
Average DrawdownAverage peak-to-trough decline | -4.32% | -5.36% | +1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 3.39% | +1.47% |
Volatility
WELX.DE vs. 6AQQ.DE - Volatility Comparison
The current volatility for Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) is 4.16%, while Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) has a volatility of 4.40%. This indicates that WELX.DE experiences smaller price fluctuations and is considered to be less risky than 6AQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELX.DE | 6AQQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 4.40% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 10.96% | -0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.84% | 15.66% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.43% | 19.83% | -1.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.43% | 19.63% | -1.20% |
WELX.DE vs. 6AQQ.DE - Expense Ratio Comparison
WELX.DE has a 0.18% expense ratio, which is lower than 6AQQ.DE's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WELX.DE vs. 6AQQ.DE - Dividend Comparison
Neither WELX.DE nor 6AQQ.DE has paid dividends to shareholders.
Frequently Asked Questions
WELX.DE and 6AQQ.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELX.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELX.DE is cheaper with a 0.18% expense ratio, compared with 0.23% for 6AQQ.DE.
WELX.DE is categorized as Communications Equities, while 6AQQ.DE is Nasdaq-100. WELX.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services, while 6AQQ.DE tracks Nasdaq 100®. Their fees differ too: 0.18% for WELX.DE and 0.23% for 6AQQ.DE.
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