XLC vs. WELX.DE
XLC (Communication Services Select Sector SPDR Fund) and WELX.DE (Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc) are both Communications Equities funds - XLC tracks the S&P Communication Services Select Sector Index while WELX.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. Both are passively managed. Over the past 3 years, XLC returned 19.82%/yr vs 22.52%/yr for WELX.DE. A 0.65 correlation means they provide meaningful diversification when combined. XLC charges 0.13%/yr vs 0.18%/yr for WELX.DE.
Performance
XLC vs. WELX.DE - Performance Comparison
Loading charts...
Different Trading Currencies
XLC is traded in USD, while WELX.DE is traded in EUR. To make them comparable, the WELX.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XLC achieves a -8.97% return, which is significantly lower than WELX.DE's -4.46% return.
XLC
- 1D
- -0.68%
- 1M
- -7.49%
- YTD
- -8.97%
- 6M
- -9.26%
- 1Y
- 2.52%
- 3Y*
- 19.82%
- 5Y*
- 6.82%
- 10Y*
- —
WELX.DE
- 1D
- 0.00%
- 1M
- -8.58%
- YTD
- -4.46%
- 6M
- -4.01%
- 1Y
- 12.52%
- 3Y*
- 22.52%
- 5Y*
- —
- 10Y*
- —
XLC vs. WELX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XLC Communication Services Select Sector SPDR Fund | -8.97% | 23.08% | 34.71% | 52.82% | -8.07% |
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | -4.46% | 31.05% | 27.33% | 51.26% | -6.25% |
Correlation
The correlation between XLC and WELX.DE is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022 | 0.65 |
The correlation between XLC and WELX.DE has been stable across timeframes, ranging from 0.63 to 0.65 - 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
XLC vs. WELX.DE — Risk / Return Rank
XLC
WELX.DE
XLC vs. WELX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Communication Services Select Sector SPDR Fund (XLC) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XLC | WELX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.13 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | 0.80 | -0.57 |
| Martin ratioReturn relative to average drawdown | 0.69 | 2.63 | -1.94 |
Loading charts...
Drawdowns
XLC vs. WELX.DE - Drawdown Comparison
The maximum XLC drawdown since its inception was -46.65%, which is greater than WELX.DE's maximum drawdown of -21.23%. Use the drawdown chart below to compare losses from any high point for XLC and WELX.DE.
Loading charts...
Drawdown Indicators
| XLC | WELX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.65% | -21.23% | -25.42% |
Max Drawdown (1Y)Largest decline over 1 year | -10.76% | -15.54% | +4.78% |
Max Drawdown (3Y)Largest decline over 3 years | -17.97% | -21.23% | +3.26% |
Max Drawdown (5Y)Largest decline over 5 years | -46.65% | — | — |
Current DrawdownCurrent decline from peak | -10.76% | -8.61% | -2.15% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -3.44% | -7.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 4.75% | -1.11% |
Volatility
XLC vs. WELX.DE - Volatility Comparison
The current volatility for Communication Services Select Sector SPDR Fund (XLC) is 4.68%, while Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc (WELX.DE) has a volatility of 5.82%. This indicates that XLC 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.
Loading charts...
Volatility by Period
| XLC | WELX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.68% | 5.82% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 10.26% | 12.44% | -2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.50% | 17.06% | -3.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.73% | 19.52% | +1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.17% | 19.52% | +2.65% |
XLC vs. WELX.DE - Expense Ratio Comparison
XLC has a 0.13% expense ratio, which is lower than WELX.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XLC vs. WELX.DE - Dividend Comparison
XLC's dividend yield for the trailing twelve months is around 1.34%, while WELX.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
WELX.DE Amundi S&P Global Communication Services ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLC Communication Services Select Sector SPDR Fund | 1.34% | 1.13% | 0.99% | 0.82% | 1.10% | 0.74% | 0.68% | 0.82% | 0.64% |
Frequently Asked Questions
XLC and WELX.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLC is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLC is cheaper with a 0.13% expense ratio, compared with 0.18% for WELX.DE.
XLC tracks S&P Communication Services Select Sector Index, while WELX.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Communication Services. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.13% for XLC and 0.18% for WELX.DE.
Find the right allocation for XLC and WELX.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