WELX.DE vs. ACWI
WELX.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc) and ACWI (iShares MSCI ACWI ETF) 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 ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. Over the past 3 years, WELX.DE returned 21.53%/yr vs 17.90%/yr for ACWI. At a 0.48 correlation, their price movements are largely independent. WELX.DE charges 0.18%/yr vs 0.32%/yr for ACWI.
Performance
WELX.DE vs. ACWI - Performance Comparison
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Different Trading Currencies
WELX.DE is traded in EUR, while ACWI is traded in USD. To make them comparable, the ACWI values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WELX.DE achieves a 2.94% return, which is significantly lower than ACWI's 13.75% return.
WELX.DE
- 1D
- 0.98%
- 1M
- -0.36%
- YTD
- 2.94%
- 6M
- 0.12%
- 1Y
- 19.74%
- 3Y*
- 21.53%
- 5Y*
- —
- 10Y*
- —
ACWI
- 1D
- 0.00%
- 1M
- 3.58%
- YTD
- 13.75%
- 6M
- 13.23%
- 1Y
- 27.72%
- 3Y*
- 17.90%
- 5Y*
- 12.38%
- 10Y*
- 12.52%
WELX.DE vs. ACWI - 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% |
ACWI iShares MSCI ACWI ETF | 11.26% | 7.89% | 25.20% | 18.61% | -0.26% |
Correlation
The correlation between WELX.DE and ACWI is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.48 |
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Return for Risk
WELX.DE vs. ACWI — Risk / Return Rank
WELX.DE
ACWI
WELX.DE vs. ACWI - 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 iShares MSCI ACWI ETF (ACWI). 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 | ACWI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.42 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 3.92 | -2.50 |
| Martin ratioReturn relative to average drawdown | 4.34 | 16.36 | -12.02 |
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 | ACWI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 2.27 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.82 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | 0.55 | +0.75 |
Drawdowns
WELX.DE vs. ACWI - Drawdown Comparison
The maximum WELX.DE drawdown since its inception was -25.19%, smaller than the maximum ACWI drawdown of -45.79%. Use the drawdown chart below to compare losses from any high point for WELX.DE and ACWI.
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Drawdown Indicators
| WELX.DE | ACWI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.19% | -45.79% | +20.60% |
Max Drawdown (1Y)Largest decline over 1 year | -14.88% | -7.11% | -7.77% |
Max Drawdown (3Y)Largest decline over 3 years | -25.19% | -20.51% | -4.68% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.51% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.80% | — |
Current DrawdownCurrent decline from peak | -2.38% | -0.39% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -4.32% | -6.42% | +2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 1.70% | +3.16% |
Volatility
WELX.DE vs. ACWI - Volatility Comparison
Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) has a higher volatility of 4.16% compared to iShares MSCI ACWI ETF (ACWI) at 2.74%. This indicates that WELX.DE's price experiences larger fluctuations and is considered to be riskier than ACWI 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 | ACWI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 2.74% | +1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 9.28% | +1.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.84% | 12.29% | +3.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.43% | 15.11% | +3.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.43% | 16.96% | +1.47% |
WELX.DE vs. ACWI - Expense Ratio Comparison
WELX.DE has a 0.18% expense ratio, which is lower than ACWI's 0.32% expense ratio.
Dividends
WELX.DE vs. ACWI - Dividend Comparison
WELX.DE has not paid dividends to shareholders, while ACWI's dividend yield for the trailing twelve months is around 1.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWI iShares MSCI ACWI ETF | 1.42% | 1.55% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.18% | 1.94% | 2.19% | 2.56% |
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WELX.DE and ACWI have a correlation of 0.49, 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 0.32% for ACWI.
WELX.DE is categorized as Communications Equities, while ACWI is Global Equities. WELX.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services, while ACWI tracks MSCI All Country World Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for WELX.DE and 0.32% for ACWI.
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