WTCH.AS vs. ANXG.L

Last updated Jun 5, 2026

WTCH.AS (SPDR MSCI World Technology UCITS ETF) and ANXG.L (Amundi Nasdaq-100 UCITS USD) are both exchange-traded funds - WTCH.AS is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while ANXG.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, WTCH.AS returned 23.98%/yr vs 17.01%/yr for ANXG.L. Their correlation of 0.83 suggests significant overlap in exposure. WTCH.AS charges 0.30%/yr vs 0.13%/yr for ANXG.L.

Performance

WTCH.AS vs. ANXG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI World Technology UCITS ETF (WTCH.AS) and Amundi Nasdaq-100 UCITS USD (ANXG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WTCH.AS is traded in EUR, while ANXG.L is traded in GBp. To make them comparable, the ANXG.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, WTCH.AS achieves a 25.44% return, which is significantly higher than ANXG.L's 18.53% return. Over the past 10 years, WTCH.AS has outperformed ANXG.L with an annualized return of 23.98%, while ANXG.L has yielded a comparatively lower 17.01% annualized return.

WTCH.AS

• 1D: -1.95%
• 1M: 10.13%
• YTD: 25.44%
• 6M: 22.27%
• 1Y: 47.64%
• 3Y*: 29.25%
• 5Y*: 22.49%
• 10Y*: 23.98%

ANXG.L

• 1D: -0.14%
• 1M: 3.84%
• YTD: 18.53%
• 6M: 16.45%
• 1Y: 34.66%
• 3Y*: 24.33%
• 5Y*: 18.30%
• 10Y*: 17.01%

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

WTCH.AS vs. ANXG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTCH.AS SPDR MSCI World Technology UCITS ETF	25.44%	8.41%	43.39%	49.09%	-27.66%	40.88%	31.79%	49.43%	1.91%	21.26%
ANXG.L Amundi Nasdaq-100 UCITS USD	18.53%	5.87%	34.91%	51.14%	-29.26%	38.29%	35.58%	42.74%	-22.98%	27.35%

Correlation

The correlation between WTCH.AS and ANXG.L is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 4, 2016	0.83

The correlation between WTCH.AS and ANXG.L has been stable across timeframes, ranging from 0.83 to 0.92 - a consistent structural relationship.

Return for Risk

WTCH.AS vs. ANXG.L — Risk / Return Rank

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

WTCH.AS

WTCH.AS Risk / Return Rank: 64
WTCH.AS Sharpe Ratio Rank: 74
WTCH.AS Sortino Ratio Rank: 68
WTCH.AS Omega Ratio Rank: 65
WTCH.AS Calmar Ratio Rank: 63
WTCH.AS Martin Ratio Rank: 49

ANXG.L

ANXG.L Risk / Return Rank: 78
ANXG.L Sharpe Ratio Rank: 86
ANXG.L Sortino Ratio Rank: 84
ANXG.L Omega Ratio Rank: 83
ANXG.L Calmar Ratio Rank: 75
ANXG.L Martin Ratio Rank: 62

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.

WTCH.AS vs. ANXG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Technology UCITS ETF (WTCH.AS) and Amundi Nasdaq-100 UCITS USD (ANXG.L). 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.

	WTCH.AS	ANXG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.22	+0.14
Sortino ratio: Return per unit of downside risk	3.09	2.98	+0.10
Omega ratio: Gain probability vs. loss probability	1.39	1.39	0.00
Calmar ratio: Return relative to maximum drawdown	3.06	3.41	-0.34
Martin ratio: Return relative to average drawdown	8.10	10.17	-2.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTCH.AS vs. ANXG.L - Sharpe Ratio Comparison

The current WTCH.AS Sharpe Ratio is 2.37, which is comparable to the ANXG.L Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of WTCH.AS and ANXG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WTCH.AS	ANXG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.22	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	0.92	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.11	0.76	+0.35
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	0.84	+0.30

Drawdowns

WTCH.AS vs. ANXG.L - Drawdown Comparison

The maximum WTCH.AS drawdown since its inception was -31.28%, roughly equal to the maximum ANXG.L drawdown of -32.74%. Use the drawdown chart below to compare losses from any high point for WTCH.AS and ANXG.L.

Drawdown Indicators

	WTCH.AS	ANXG.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.28%	-32.74%	+1.46%
Max Drawdown (1Y) Largest decline over 1 year	-15.67%	-10.13%	-5.54%
Max Drawdown (3Y) Largest decline over 3 years	-30.06%	-26.49%	-3.57%
Max Drawdown (5Y) Largest decline over 5 years	-30.06%	-31.37%	+1.31%
Max Drawdown (10Y) Largest decline over 10 years	-31.28%	-32.74%	+1.46%
Current Drawdown Current decline from peak	-2.46%	-2.72%	+0.26%
Average Drawdown Average peak-to-trough decline	-5.89%	-7.60%	+1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.96%	3.40%	+2.56%

Volatility

WTCH.AS vs. ANXG.L - Volatility Comparison

SPDR MSCI World Technology UCITS ETF (WTCH.AS) has a higher volatility of 7.02% compared to Amundi Nasdaq-100 UCITS USD (ANXG.L) at 4.35%. This indicates that WTCH.AS's price experiences larger fluctuations and is considered to be riskier than ANXG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTCH.AS	ANXG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	4.35%	+2.67%
Volatility (6M) Calculated over the trailing 6-month period	14.82%	10.94%	+3.88%
Volatility (1Y) Calculated over the trailing 1-year period	20.28%	15.54%	+4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	19.87%	+2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.39%	22.24%	-0.85%

WTCH.AS vs. ANXG.L - Expense Ratio Comparison

WTCH.AS has a 0.30% expense ratio, which is higher than ANXG.L's 0.13% expense ratio.

Dividends

WTCH.AS vs. ANXG.L - Dividend Comparison

Neither WTCH.AS nor ANXG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WTCH.AS and ANXG.L in my portfolio?

With a correlation of 0.91, WTCH.AS and ANXG.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, WTCH.AS or ANXG.L?

On fees, ANXG.L is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTCH.AS or ANXG.L?

ANXG.L is cheaper with a 0.13% expense ratio, compared with 0.30% for WTCH.AS.

What is the main difference between WTCH.AS and ANXG.L?

WTCH.AS is categorized as Technology Equities, while ANXG.L is Nasdaq-100. WTCH.AS tracks MSCI World/Information Tech NR USD, while ANXG.L tracks NASDAQ-100 Index. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.30% for WTCH.AS and 0.13% for ANXG.L.