WELX.DE vs. WELU.DE
WELX.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc) and WELU.DE (Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc) 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 WELU.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. Both are passively managed. Over the past 3 years, WELX.DE returned 22.10%/yr vs 25.24%/yr for WELU.DE. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
WELX.DE vs. WELU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELX.DE achieves a 4.06% return, which is significantly lower than WELU.DE's 18.10% return.
WELX.DE
- 1D
- 0.00%
- 1M
- 3.70%
- 6M
- 4.32%
- YTD
- 4.06%
- 1Y
- 17.61%
- 3Y*
- 22.10%
- 5Y*
- —
- 10Y*
- —
WELU.DE
- 1D
- 0.00%
- 1M
- 0.31%
- 6M
- 17.43%
- YTD
- 18.10%
- 1Y
- 28.88%
- 3Y*
- 25.24%
- 5Y*
- —
- 10Y*
- —
WELX.DE vs. WELU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | 4.06% | 16.08% | 35.06% | 46.63% | -12.65% |
WELU.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc | 18.10% | 9.54% | 38.64% | 57.43% | -8.25% |
Correlation
The correlation between WELX.DE and WELU.DE is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022 | 0.66 |
The correlation between WELX.DE and WELU.DE shifts across timeframes, from 0.50 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WELX.DE vs. WELU.DE — Risk / Return Rank
WELX.DE
WELU.DE
WELX.DE vs. WELU.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 S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.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.
| WELX.DE | WELU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.23 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | 1.77 | -0.59 |
| Martin ratioReturn relative to average drawdown | 3.43 | 4.29 | -0.86 |
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Drawdowns
WELX.DE vs. WELU.DE - Drawdown Comparison
The maximum WELX.DE drawdown since its inception was -25.19%, smaller than the maximum WELU.DE drawdown of -28.67%. Use the drawdown chart below to compare losses from any high point for WELX.DE and WELU.DE.
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Drawdown Indicators
| WELX.DE | WELU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.19% | -28.67% | +3.48% |
Max Drawdown (1Y)Largest decline over 1 year | -14.88% | -16.26% | +1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -25.19% | -28.67% | +3.48% |
Current DrawdownCurrent decline from peak | -1.32% | -5.40% | +4.08% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -4.79% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.12% | 6.71% | -1.59% |
Volatility
WELX.DE vs. WELU.DE - Volatility Comparison
Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) has a higher volatility of 6.31% compared to Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.DE) at 5.88%. This indicates that WELX.DE's price experiences larger fluctuations and is considered to be riskier than WELU.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 | WELU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.31% | 5.88% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 12.23% | 15.49% | -3.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.80% | 21.37% | -4.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.70% | 22.48% | -3.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.70% | 22.48% | -3.78% |
WELX.DE vs. WELU.DE - Expense Ratio Comparison
Both WELX.DE and WELU.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
WELX.DE vs. WELU.DE - Dividend Comparison
Neither WELX.DE nor WELU.DE has paid dividends to shareholders.
Frequently Asked Questions
WELX.DE and WELU.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WELX.DE and WELU.DE have the same expense ratio: 0.18% per year.
WELX.DE is categorized as Communications Equities, while WELU.DE is Technology Equities. WELX.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services, while WELU.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology.
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