WGES.DE vs. AMEC.DE
WGES.DE (Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Dist) and AMEC.DE (Amundi Index Smart City UCITS ETF) are both Global Equities funds from Amundi - WGES.DE tracks the MSCI World SRI Filtered PAB Index while AMEC.DE tracks the Solactive Smart City. Both are passively managed. Over the past year, WGES.DE returned 22.30% vs 31.72% for AMEC.DE. Their correlation of 0.84 suggests significant overlap in exposure. WGES.DE charges 0.18%/yr vs 0.35%/yr for AMEC.DE.
Performance
WGES.DE vs. AMEC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WGES.DE achieves a 14.97% return, which is significantly lower than AMEC.DE's 23.67% return.
WGES.DE
- 1D
- 0.00%
- 1M
- -1.54%
- 6M
- 11.96%
- YTD
- 14.97%
- 1Y
- 22.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.01%
AMEC.DE
- 1D
- 1.26%
- 1M
- -6.69%
- 6M
- 21.60%
- YTD
- 23.67%
- 1Y
- 31.72%
- 3Y*
- 14.82%
- 5Y*
- 5.32%
- 10Y*
- —
- ALL TIME*
- 7.31%
WGES.DE vs. AMEC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WGES.DE Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Dist | 14.97% | 2.20% | 12.55% |
AMEC.DE Amundi Index Smart City UCITS ETF | 23.67% | 9.65% | 20.75% |
Correlation
The correlation between WGES.DE and AMEC.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2024 | 0.84 |
The correlation between WGES.DE and AMEC.DE has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.
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Return for Risk
WGES.DE vs. AMEC.DE — Risk / Return Rank
WGES.DE
AMEC.DE
WGES.DE vs. AMEC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Dist (WGES.DE) and Amundi Index Smart City UCITS ETF (AMEC.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.
| WGES.DE | AMEC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.29 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 3.13 | -0.37 |
| Martin ratioReturn relative to average drawdown | 10.09 | 9.19 | +0.91 |
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Drawdowns
WGES.DE vs. AMEC.DE - Drawdown Comparison
The maximum WGES.DE drawdown since its inception was -22.15%, smaller than the maximum AMEC.DE drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for WGES.DE and AMEC.DE.
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Drawdown Indicators
| WGES.DE | AMEC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.15% | -35.49% | +13.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.04% | -10.08% | +2.04% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.98% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.34% | — |
Current DrawdownCurrent decline from peak | -3.40% | -8.36% | +4.96% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -11.36% | +7.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 3.44% | -1.24% |
Volatility
WGES.DE vs. AMEC.DE - Volatility Comparison
The current volatility for Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Dist (WGES.DE) is 4.50%, while Amundi Index Smart City UCITS ETF (AMEC.DE) has a volatility of 8.21%. This indicates that WGES.DE experiences smaller price fluctuations and is considered to be less risky than AMEC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WGES.DE | AMEC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 8.21% | -3.71% |
Volatility (6M)Calculated over the trailing 6-month period | 10.37% | 15.83% | -5.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.44% | 19.13% | -5.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.04% | 17.93% | -2.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.04% | 19.39% | -4.35% |
WGES.DE vs. AMEC.DE - Expense Ratio Comparison
WGES.DE has a 0.18% expense ratio, which is lower than AMEC.DE's 0.35% expense ratio.
Dividends
WGES.DE vs. AMEC.DE - Dividend Comparison
WGES.DE's dividend yield for the trailing twelve months is around 1.17%, while AMEC.DE has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
AMEC.DE Amundi Index Smart City UCITS ETF | 0.00% | 0.00% |
WGES.DE Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Dist | 1.17% | 1.17% |
Frequently Asked Questions
WGES.DE and AMEC.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WGES.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WGES.DE is cheaper with a 0.18% expense ratio, compared with 0.35% for AMEC.DE.
WGES.DE tracks MSCI World SRI Filtered PAB Index, while AMEC.DE tracks Solactive Smart City. Their fees differ too: 0.18% for WGES.DE and 0.35% for AMEC.DE.
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