WGES.DE vs. ETLQ.DE
WGES.DE (Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Dist) and ETLQ.DE (L&G Global Equity UCITS ETF) are both Global Equities funds - WGES.DE tracks the MSCI World SRI Filtered PAB Index while ETLQ.DE tracks the Solactive Core Developed Markets Large & Mid Cap. Both are passively managed. Over the past year, WGES.DE returned 22.30% vs 23.09% for ETLQ.DE. Their correlation of 0.90 suggests significant overlap in exposure. WGES.DE charges 0.18%/yr vs 0.10%/yr for ETLQ.DE.
Performance
WGES.DE vs. ETLQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WGES.DE achieves a 14.97% return, which is significantly higher than ETLQ.DE's 12.51% 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%
ETLQ.DE
- 1D
- 0.38%
- 1M
- 0.72%
- 6M
- 12.14%
- YTD
- 12.51%
- 1Y
- 23.09%
- 3Y*
- 17.63%
- 5Y*
- 12.27%
- 10Y*
- —
- ALL TIME*
- 14.70%
WGES.DE vs. ETLQ.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% |
ETLQ.DE L&G Global Equity UCITS ETF | 12.51% | 8.12% | 22.36% |
Correlation
The correlation between WGES.DE and ETLQ.DE is 0.86, 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 | 0.86 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2024 | 0.90 |
The correlation between WGES.DE and ETLQ.DE has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WGES.DE vs. ETLQ.DE — Risk / Return Rank
WGES.DE
ETLQ.DE
WGES.DE vs. ETLQ.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 L&G Global Equity UCITS ETF (ETLQ.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 | ETLQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 3.39 | -0.62 |
| Martin ratioReturn relative to average drawdown | 10.09 | 13.25 | -3.15 |
Loading charts...
Drawdowns
WGES.DE vs. ETLQ.DE - Drawdown Comparison
The maximum WGES.DE drawdown since its inception was -22.15%, smaller than the maximum ETLQ.DE drawdown of -33.33%. Use the drawdown chart below to compare losses from any high point for WGES.DE and ETLQ.DE.
Loading charts...
Drawdown Indicators
| WGES.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.15% | -33.33% | +11.18% |
Max Drawdown (1Y)Largest decline over 1 year | -8.04% | -6.79% | -1.25% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.61% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.61% | — |
Current DrawdownCurrent decline from peak | -3.40% | -0.54% | -2.86% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -4.31% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 1.74% | +0.46% |
Volatility
WGES.DE vs. ETLQ.DE - Volatility Comparison
Amundi MSCI World SRI Climate Paris Aligned UCITS ETF Dist (WGES.DE) has a higher volatility of 4.50% compared to L&G Global Equity UCITS ETF (ETLQ.DE) at 2.78%. This indicates that WGES.DE's price experiences larger fluctuations and is considered to be riskier than ETLQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WGES.DE | ETLQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 2.78% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 10.37% | 7.96% | +2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.44% | 11.22% | +2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.04% | 14.08% | +0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.04% | 15.71% | -0.67% |
WGES.DE vs. ETLQ.DE - Expense Ratio Comparison
WGES.DE has a 0.18% expense ratio, which is higher than ETLQ.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WGES.DE vs. ETLQ.DE - Dividend Comparison
WGES.DE's dividend yield for the trailing twelve months is around 1.17%, while ETLQ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ETLQ.DE L&G Global Equity 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 ETLQ.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLQ.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLQ.DE is cheaper with a 0.10% expense ratio, compared with 0.18% for WGES.DE.
WGES.DE tracks MSCI World SRI Filtered PAB Index, while ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap. They also come from different issuers: Amundi and Legal & General. Their fees differ too: 0.18% for WGES.DE and 0.10% for ETLQ.DE.
Find the right allocation for WGES.DE and ETLQ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer