WTEL.L vs. WELX.DE
Compare and contrast key facts about SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) and Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE).
WTEL.L and WELX.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTEL.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Apr 29, 2016. WELX.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. It was launched on Sep 20, 2022. Both WTEL.L and WELX.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: WTEL.L or WELX.DE.
Key characteristics
| WTEL.L | WELX.DE | |
|---|---|---|
| YTD Return | 31.20% | 29.81% |
| 1Y Return | 40.27% | 35.99% |
| Sharpe Ratio | 2.61 | 2.14 |
| Sortino Ratio | 3.66 | 2.89 |
| Omega Ratio | 1.50 | 1.42 |
| Calmar Ratio | 1.84 | 2.59 |
| Martin Ratio | 14.58 | 7.53 |
| Ulcer Index | 2.64% | 4.65% |
| Daily Std Dev | 14.77% | 16.22% |
| Max Drawdown | -44.74% | -13.53% |
| Current Drawdown | -0.05% | -0.18% |
Correlation
The correlation between WTEL.L and WELX.DE is 0.89, 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
WTEL.L vs. WELX.DE - Performance Comparison
The year-to-date returns for both stocks are quite close, with WTEL.L having a 31.20% return and WELX.DE slightly lower at 29.81%. 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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WTEL.L vs. WELX.DE - Expense Ratio Comparison
WTEL.L has a 0.30% expense ratio, which is higher than WELX.DE's 0.18% expense ratio.
Risk-Adjusted Performance
WTEL.L vs. WELX.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) and Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.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
WTEL.L vs. WELX.DE - Dividend Comparison
Neither WTEL.L nor WELX.DE has paid dividends to shareholders.
Drawdowns
WTEL.L vs. WELX.DE - Drawdown Comparison
The maximum WTEL.L drawdown since its inception was -44.74%, which is greater than WELX.DE's maximum drawdown of -13.53%. Use the drawdown chart below to compare losses from any high point for WTEL.L and WELX.DE. For additional features, visit the drawdowns tool.
Volatility
WTEL.L vs. WELX.DE - Volatility Comparison
The current volatility for SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) is 4.70%, while Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) has a volatility of 4.95%. This indicates that WTEL.L experiences smaller price fluctuations and is considered to be less risky than WELX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.