ZPDD.DE vs. WELC.DE
ZPDD.DE (SPDR S&P US Consumer Discretionary Select Sector UCITS ETF) and WELC.DE (Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Dist) are both Consumer Staples Equities funds - ZPDD.DE tracks the S&P Consumer Discretionary Select Sector while WELC.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. Both are passively managed. Over the past 3 years, ZPDD.DE returned 13.95%/yr vs 9.08%/yr for WELC.DE. With a 0.96 correlation, they move nearly in lockstep. ZPDD.DE charges 0.15%/yr vs 0.18%/yr for WELC.DE.
Performance
ZPDD.DE vs. WELC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ZPDD.DE achieves a 0.34% return, which is significantly higher than WELC.DE's -1.47% return.
ZPDD.DE
- 1D
- 0.27%
- 1M
- -0.74%
- YTD
- 0.34%
- 6M
- 1.40%
- 1Y
- 11.32%
- 3Y*
- 13.95%
- 5Y*
- 10.34%
- 10Y*
- 13.15%
WELC.DE
- 1D
- 0.30%
- 1M
- -0.33%
- YTD
- -1.47%
- 6M
- -1.22%
- 1Y
- 6.53%
- 3Y*
- 9.08%
- 5Y*
- —
- 10Y*
- —
ZPDD.DE vs. WELC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ZPDD.DE SPDR S&P US Consumer Discretionary Select Sector UCITS ETF | 0.34% | -3.35% | 36.72% | 36.96% | -15.38% |
WELC.DE Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Dist | -1.47% | -5.06% | 29.51% | 30.69% | -8.13% |
Correlation
The correlation between ZPDD.DE and WELC.DE is 0.98 - 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 | 0.98 |
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 ZPDD.DE and WELC.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
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Return for Risk
ZPDD.DE vs. WELC.DE — Risk / Return Rank
ZPDD.DE
WELC.DE
ZPDD.DE vs. WELC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (ZPDD.DE) and Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Dist (WELC.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.
| ZPDD.DE | WELC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.08 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 0.44 | +0.37 |
| Martin ratioReturn relative to average drawdown | 2.25 | 1.21 | +1.04 |
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
| ZPDD.DE | WELC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 0.39 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.60 | -0.02 |
Drawdowns
ZPDD.DE vs. WELC.DE - Drawdown Comparison
The maximum ZPDD.DE drawdown since its inception was -37.03%, which is greater than WELC.DE's maximum drawdown of -28.15%. Use the drawdown chart below to compare losses from any high point for ZPDD.DE and WELC.DE.
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Drawdown Indicators
| ZPDD.DE | WELC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.03% | -28.15% | -8.88% |
Max Drawdown (1Y)Largest decline over 1 year | -13.91% | -14.64% | +0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -29.56% | -28.15% | -1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -34.02% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.03% | — | — |
Current DrawdownCurrent decline from peak | -7.19% | -10.11% | +2.92% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -6.71% | -1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.03% | 5.38% | -0.35% |
Volatility
ZPDD.DE vs. WELC.DE - Volatility Comparison
SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (ZPDD.DE) has a higher volatility of 5.49% compared to Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Dist (WELC.DE) at 4.86%. This indicates that ZPDD.DE's price experiences larger fluctuations and is considered to be riskier than WELC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPDD.DE | WELC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 4.86% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 13.47% | 12.32% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.17% | 16.52% | +1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.48% | 18.03% | +3.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.55% | 18.03% | +2.52% |
ZPDD.DE vs. WELC.DE - Expense Ratio Comparison
ZPDD.DE has a 0.15% expense ratio, which is lower than WELC.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
ZPDD.DE vs. WELC.DE - Dividend Comparison
ZPDD.DE has not paid dividends to shareholders, while WELC.DE's dividend yield for the trailing twelve months is around 0.81%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
WELC.DE Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Dist | 0.81% | 0.93% | 0.83% | 0.73% |
ZPDD.DE SPDR S&P US Consumer Discretionary Select Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, ZPDD.DE and WELC.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, ZPDD.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDD.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for WELC.DE.
ZPDD.DE tracks S&P Consumer Discretionary Select Sector, while WELC.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.15% for ZPDD.DE and 0.18% for WELC.DE.
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