XDWM.DE vs. WELI.DE
XDWM.DE (Xtrackers MSCI World Materials UCITS ETF 1C) and WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) are both Industrials Equities funds - XDWM.DE tracks the MSCI World/Materials NR USD while WELI.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. Both are passively managed. Over the past 3 years, XDWM.DE returned 12.34%/yr vs 13.20%/yr for WELI.DE. With a 0.96 correlation, they move nearly in lockstep. XDWM.DE charges 0.25%/yr vs 0.18%/yr for WELI.DE.
Performance
XDWM.DE vs. WELI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDWM.DE achieves a 15.62% return, which is significantly lower than WELI.DE's 16.84% return.
XDWM.DE
- 1D
- -0.60%
- 1M
- 4.06%
- YTD
- 15.62%
- 6M
- 20.60%
- 1Y
- 29.85%
- 3Y*
- 12.34%
- 5Y*
- 7.86%
- 10Y*
- 10.70%
WELI.DE
- 1D
- -0.41%
- 1M
- 5.45%
- YTD
- 16.84%
- 6M
- 21.59%
- 1Y
- 32.55%
- 3Y*
- 13.20%
- 5Y*
- —
- 10Y*
- —
XDWM.DE vs. WELI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XDWM.DE Xtrackers MSCI World Materials UCITS ETF 1C | 15.62% | 12.88% | 0.02% | 10.77% | 5.39% |
WELI.DE Amundi S&P Global Materials ESG UCITS ETF EUR Acc | 16.84% | 14.91% | -0.52% | 10.29% | 9.11% |
Correlation
The correlation between XDWM.DE and WELI.DE is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.96 |
The correlation between XDWM.DE and WELI.DE has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
XDWM.DE vs. WELI.DE — Risk / Return Rank
XDWM.DE
WELI.DE
XDWM.DE vs. WELI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.DE) and Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.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.
| XDWM.DE | WELI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 2.21 | -0.03 |
| Martin ratioReturn relative to average drawdown | 8.91 | 8.95 | -0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XDWM.DE | WELI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 1.78 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.86 | -0.24 |
Drawdowns
XDWM.DE vs. WELI.DE - Drawdown Comparison
The maximum XDWM.DE drawdown since its inception was -33.91%, which is greater than WELI.DE's maximum drawdown of -21.14%. Use the drawdown chart below to compare losses from any high point for XDWM.DE and WELI.DE.
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Drawdown Indicators
| XDWM.DE | WELI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.91% | -21.14% | -12.77% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -14.69% | +1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -21.14% | +0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -20.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.91% | — | — |
Current DrawdownCurrent decline from peak | -2.14% | -1.73% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -5.48% | -4.51% | -0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.34% | 3.63% | -0.29% |
Volatility
XDWM.DE vs. WELI.DE - Volatility Comparison
Xtrackers MSCI World Materials UCITS ETF 1C (XDWM.DE) and Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) have volatilities of 6.55% and 6.48%, 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.
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Volatility by Period
| XDWM.DE | WELI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 6.48% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 15.21% | 15.53% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.45% | 18.23% | -0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.81% | 16.10% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 16.10% | +1.48% |
XDWM.DE vs. WELI.DE - Expense Ratio Comparison
XDWM.DE has a 0.25% expense ratio, which is higher than WELI.DE's 0.18% 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
XDWM.DE vs. WELI.DE - Dividend Comparison
Neither XDWM.DE nor WELI.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, XDWM.DE and WELI.DE 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.
On fees, WELI.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELI.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for XDWM.DE.
XDWM.DE tracks MSCI World/Materials NR USD, while WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XDWM.DE and 0.18% for WELI.DE.
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