XDWT.L vs. WELU.DE
XDWT.L (Xtrackers MSCI World Information Technology UCITS ETF 1C) and WELU.DE (Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc) are both Technology Equities funds - XDWT.L tracks the MSCI World/Information Tech NR USD while WELU.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. Both are passively managed. Over the past 3 years, XDWT.L returned 32.85%/yr vs 30.82%/yr for WELU.DE. Their correlation of 0.90 suggests significant overlap in exposure. XDWT.L charges 0.25%/yr vs 0.18%/yr for WELU.DE.
Performance
XDWT.L vs. WELU.DE - Performance Comparison
Loading charts...
Different Trading Currencies
XDWT.L is traded in USD, while WELU.DE is traded in EUR. To make them comparable, the WELU.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDWT.L achieves a 24.10% return, which is significantly higher than WELU.DE's 20.14% return.
XDWT.L
- 1D
- -1.87%
- 1M
- 13.92%
- YTD
- 24.10%
- 6M
- 23.59%
- 1Y
- 51.40%
- 3Y*
- 32.85%
- 5Y*
- 21.37%
- 10Y*
- 24.28%
WELU.DE
- 1D
- -1.61%
- 1M
- 12.14%
- YTD
- 20.14%
- 6M
- 19.68%
- 1Y
- 46.65%
- 3Y*
- 30.82%
- 5Y*
- —
- 10Y*
- —
XDWT.L vs. WELU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XDWT.L Xtrackers MSCI World Information Technology UCITS ETF 1C | 24.10% | 22.42% | 33.90% | 54.82% | 5.74% |
WELU.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc | 20.14% | 23.66% | 30.71% | 62.40% | 10.46% |
Correlation
The correlation between XDWT.L and WELU.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 | 0.89 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.90 |
The correlation between XDWT.L and WELU.DE has been stable across timeframes, ranging from 0.89 to 0.95 - 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
XDWT.L vs. WELU.DE — Risk / Return Rank
XDWT.L
WELU.DE
XDWT.L vs. WELU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) and Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.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.
| XDWT.L | WELU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 2.73 | +0.30 |
| Martin ratioReturn relative to average drawdown | 9.02 | 8.05 | +0.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XDWT.L | WELU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.51 | 2.28 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 1.79 | -0.67 |
Drawdowns
XDWT.L vs. WELU.DE - Drawdown Comparison
The maximum XDWT.L drawdown since its inception was -35.99%, which is greater than WELU.DE's maximum drawdown of -25.21%. Use the drawdown chart below to compare losses from any high point for XDWT.L and WELU.DE.
Loading charts...
Drawdown Indicators
| XDWT.L | WELU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.99% | -25.21% | -10.78% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -17.01% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -26.10% | -25.21% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -35.99% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.99% | — | — |
Current DrawdownCurrent decline from peak | -2.66% | -2.80% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -4.11% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 5.78% | -0.10% |
Volatility
XDWT.L vs. WELU.DE - Volatility Comparison
Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) has a higher volatility of 7.39% compared to Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.DE) at 6.74%. This indicates that XDWT.L's price experiences larger fluctuations and is considered to be riskier than WELU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDWT.L | WELU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 6.74% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 15.71% | 15.15% | +0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.39% | 20.35% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 22.67% | +0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.09% | 22.67% | -0.58% |
XDWT.L vs. WELU.DE - Expense Ratio Comparison
XDWT.L has a 0.25% expense ratio, which is higher than WELU.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
XDWT.L vs. WELU.DE - Dividend Comparison
Neither XDWT.L nor WELU.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, XDWT.L and WELU.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, WELU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELU.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for XDWT.L.
XDWT.L tracks MSCI World/Information Tech NR USD, while WELU.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XDWT.L and 0.18% for WELU.DE.
Find the right allocation for XDWT.L and WELU.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