WIND.AS vs. WELT.DE
Compare and contrast key facts about SPDR MSCI World Industrials UCITS ETF (WIND.AS) and Amundi S&P Global Industrials ESG UCITS ETF EUR Dist (WELT.DE).
WIND.AS and WELT.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WIND.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Materials NR USD. It was launched on Apr 29, 2016. WELT.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials. It was launched on Sep 20, 2022. Both WIND.AS and WELT.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WIND.AS or WELT.DE.
Key characteristics
| WIND.AS | WELT.DE | |
|---|---|---|
| YTD Return | 24.32% | 19.80% |
| 1Y Return | 35.77% | 32.57% |
| Sharpe Ratio | 2.84 | 2.41 |
| Sortino Ratio | 3.81 | 3.20 |
| Omega Ratio | 1.55 | 1.46 |
| Calmar Ratio | 4.34 | 3.38 |
| Martin Ratio | 19.62 | 14.49 |
| Ulcer Index | 1.75% | 2.10% |
| Daily Std Dev | 12.08% | 12.62% |
| Max Drawdown | -38.13% | -11.10% |
| Current Drawdown | -1.22% | -1.32% |
Correlation
The correlation between WIND.AS and WELT.DE is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WIND.AS vs. WELT.DE - Performance Comparison
In the year-to-date period, WIND.AS achieves a 24.32% return, which is significantly higher than WELT.DE's 19.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WIND.AS vs. WELT.DE - Expense Ratio Comparison
WIND.AS has a 0.30% expense ratio, which is higher than WELT.DE's 0.18% expense ratio.
Risk-Adjusted Performance
WIND.AS vs. WELT.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Industrials UCITS ETF (WIND.AS) and Amundi S&P Global Industrials ESG UCITS ETF EUR Dist (WELT.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.
Dividends
WIND.AS vs. WELT.DE - Dividend Comparison
WIND.AS has not paid dividends to shareholders, while WELT.DE's dividend yield for the trailing twelve months is around 1.32%.
| TTM | 2023 | |
|---|---|---|
WIND.AS SPDR MSCI World Industrials UCITS ETF | 0.00% | 0.00% |
WELT.DE Amundi S&P Global Industrials ESG UCITS ETF EUR Dist | 1.32% | 1.04% |
Drawdowns
WIND.AS vs. WELT.DE - Drawdown Comparison
The maximum WIND.AS drawdown since its inception was -38.13%, which is greater than WELT.DE's maximum drawdown of -11.10%. Use the drawdown chart below to compare losses from any high point for WIND.AS and WELT.DE. For additional features, visit the drawdowns tool.
Volatility
WIND.AS vs. WELT.DE - Volatility Comparison
SPDR MSCI World Industrials UCITS ETF (WIND.AS) and Amundi S&P Global Industrials ESG UCITS ETF EUR Dist (WELT.DE) have volatilities of 3.63% and 3.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.