WELY.DE vs. ^GSPC
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 21.58%/yr vs 17.85%/yr for ^GSPC. At a 0.43 correlation, their price movements are largely independent.
Performance
WELY.DE vs. ^GSPC - Performance Comparison
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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 1.63% return, which is significantly lower than ^GSPC's 12.06% return.
WELY.DE
- 1D
- 1.93%
- 1M
- 2.92%
- YTD
- 1.63%
- 6M
- 6.08%
- 1Y
- 13.80%
- 3Y*
- 21.58%
- 5Y*
- —
- 10Y*
- —
^GSPC
- 1D
- 0.27%
- 1M
- 5.17%
- YTD
- 12.06%
- 6M
- 10.90%
- 1Y
- 24.89%
- 3Y*
- 17.85%
- 5Y*
- 13.43%
- 10Y*
- 13.40%
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 | 1.63% | 17.51% | 33.70% | 12.61% | 9.80% |
^GSPC S&P 500 Index | 12.06% | 2.58% | 31.45% | 20.51% | -3.03% |
Correlation
The correlation between WELY.DE and ^GSPC is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.43 |
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Return for Risk
WELY.DE vs. ^GSPC — Risk / Return Rank
WELY.DE
^GSPC
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.
| WELY.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.37 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 3.30 | -1.86 |
| Martin ratioReturn relative to average drawdown | 4.49 | 12.34 | -7.85 |
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
| WELY.DE | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 2.04 | -1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.80 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.72 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.36 | 0.51 | +0.85 |
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 -51.62%. Use the drawdown chart below to compare losses from any high point for WELY.DE and ^GSPC.
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Drawdown Indicators
| WELY.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.85% | -51.62% | +31.77% |
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 DrawdownCurrent decline from peak | -0.70% | -0.20% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -9.08% | +5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 2.02% | +1.04% |
Volatility
WELY.DE vs. ^GSPC - Volatility Comparison
Amundi S&P Global Financials ESG UCITS ETF EUR Dist (WELY.DE) has a higher volatility of 3.50% compared to S&P 500 Index (^GSPC) at 2.24%. 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.
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Volatility by Period
| WELY.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 2.24% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 10.32% | 8.62% | +1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.60% | 12.29% | +1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.95% | 16.79% | -1.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.95% | 18.59% | -3.64% |
Frequently Asked Questions
WELY.DE and ^GSPC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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