WELY.DE vs. ^GSPC

Last updated Jul 16, 2026

WELY.DE (Amundi S&P Global Financials ESG UCITS ETF EUR Dist) is Financials Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Financials, while ^GSPC (S&P 500 Index) is an index. Over the past 3 years, WELY.DE returned 25.27%/yr vs 17.93%/yr for ^GSPC. At a 0.43 correlation, their price movements are largely independent.

Performance

WELY.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi S&P Global Financials ESG UCITS ETF EUR Dist (WELY.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WELY.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, WELY.DE achieves a 12.07% return, which is significantly lower than ^GSPC's 13.27% return.

WELY.DE

• 1D: 0.00%
• 1M: 7.10%
• 6M: 12.32%
• YTD: 12.07%
• 1Y: 25.09%
• 3Y*: 25.27%
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: 0.00%
• 1M: 2.01%
• 6M: 10.36%
• YTD: 13.27%
• 1Y: 22.65%
• 3Y*: 17.93%
• 5Y*: 12.49%
• 10Y*: 12.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WELY.DE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WELY.DE Amundi S&P Global Financials ESG UCITS ETF EUR Dist	12.07%	17.51%	33.70%	12.61%	0.88%
^GSPC S&P 500 Index	13.27%	2.58%	31.45%	20.51%	-7.81%

Correlation

The correlation between WELY.DE and ^GSPC is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022	0.43

Return for Risk

WELY.DE vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WELY.DE

WELY.DE Risk / Return Rank: 66
WELY.DE Sharpe Ratio Rank: 70
WELY.DE Sortino Ratio Rank: 71
WELY.DE Omega Ratio Rank: 64
WELY.DE Calmar Ratio Rank: 64
WELY.DE Martin Ratio Rank: 58

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 65
^GSPC Omega Ratio Rank: 68
^GSPC Calmar Ratio Rank: 61
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WELY.DE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Financials ESG UCITS ETF EUR Dist (WELY.DE) and S&P 500 Index (^GSPC). 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.

	WELY.DE	^GSPC	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.81	+0.02
Sortino ratio: Return per unit of downside risk	2.60	2.36	+0.23
Omega ratio: Gain probability vs. loss probability	1.31	1.33	-0.02
Calmar ratio: Return relative to maximum drawdown	2.63	3.01	-0.38
Martin ratio: Return relative to average drawdown	8.32	11.11	-2.79

WELY.DE vs. ^GSPC - Sharpe Ratio Comparison

The current WELY.DE Sharpe Ratio is 1.82, which is comparable to the ^GSPC Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of WELY.DE and ^GSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WELY.DE vs. ^GSPC - Drawdown Comparison

The maximum WELY.DE drawdown since its inception was -19.85%, smaller than the maximum ^GSPC drawdown of -51.17%. Use the drawdown chart below to compare losses from any high point for WELY.DE and ^GSPC.

Drawdown Indicators

	WELY.DE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-19.85%	-51.17%	+31.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.52%	-7.57%	-1.95%
Max Drawdown (3Y) Largest decline over 3 years	-19.85%	-23.99%	+4.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.99%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.42%	—
Current Drawdown Current decline from peak	0.00%	-0.52%	+0.52%
Average Drawdown Average peak-to-trough decline	-3.12%	-8.90%	+5.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	2.04%	+0.97%

Volatility

WELY.DE vs. ^GSPC - Volatility Comparison

Amundi S&P Global Financials ESG UCITS ETF EUR Dist (WELY.DE) has a higher volatility of 3.38% compared to S&P 500 Index (^GSPC) at 2.70%. This indicates that WELY.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WELY.DE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	2.70%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	10.38%	9.17%	+1.21%
Volatility (1Y) Calculated over the trailing 1-year period	13.69%	12.60%	+1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.05%	16.85%	-1.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.05%	18.60%	-3.55%

Frequently Asked Questions

Can I hold both WELY.DE and ^GSPC in my portfolio?

WELY.DE and ^GSPC have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.