ZPDE.DE vs. WELP.DE
ZPDE.DE (SPDR S&P US Energy Select Sector UCITS ETF) and WELP.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Energy Equities funds - ZPDE.DE tracks the S&P Energy Select Sector while WELP.DE tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, ZPDE.DE returned 14.16%/yr vs 14.42%/yr for WELP.DE. Their correlation of 0.92 suggests significant overlap in exposure. ZPDE.DE charges 0.15%/yr vs 0.59%/yr for WELP.DE.
Performance
ZPDE.DE vs. WELP.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with ZPDE.DE having a 32.72% return and WELP.DE slightly higher at 34.22%.
ZPDE.DE
- 1D
- -0.53%
- 1M
- -0.30%
- YTD
- 32.72%
- 6M
- 29.61%
- 1Y
- 43.77%
- 3Y*
- 14.16%
- 5Y*
- 21.32%
- 10Y*
- 9.33%
WELP.DE
- 1D
- -0.43%
- 1M
- -0.84%
- YTD
- 34.22%
- 6M
- 30.47%
- 1Y
- 42.64%
- 3Y*
- 14.42%
- 5Y*
- —
- 10Y*
- —
ZPDE.DE vs. WELP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ZPDE.DE SPDR S&P US Energy Select Sector UCITS ETF | 32.72% | -2.67% | 9.39% | -2.97% | -0.56% |
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 34.22% | -1.54% | 7.90% | 0.25% | 6.11% |
Correlation
The correlation between ZPDE.DE and WELP.DE is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.92 |
The correlation between ZPDE.DE and WELP.DE has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.
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Return for Risk
ZPDE.DE vs. WELP.DE — Risk / Return Rank
ZPDE.DE
WELP.DE
ZPDE.DE vs. WELP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.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.
| ZPDE.DE | WELP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.38 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 3.47 | -0.94 |
| Martin ratioReturn relative to average drawdown | 8.09 | 11.93 | -3.84 |
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
| ZPDE.DE | WELP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 2.21 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.61 | -0.35 |
Drawdowns
ZPDE.DE vs. WELP.DE - Drawdown Comparison
The maximum ZPDE.DE drawdown since its inception was -65.58%, which is greater than WELP.DE's maximum drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for ZPDE.DE and WELP.DE.
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Drawdown Indicators
| ZPDE.DE | WELP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.58% | -23.55% | -42.03% |
Max Drawdown (1Y)Largest decline over 1 year | -17.16% | -12.22% | -4.94% |
Max Drawdown (3Y)Largest decline over 3 years | -26.97% | -23.55% | -3.42% |
Max Drawdown (5Y)Largest decline over 5 years | -26.97% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.58% | — | — |
Current DrawdownCurrent decline from peak | -8.87% | -4.77% | -4.10% |
Average DrawdownAverage peak-to-trough decline | -17.28% | -7.88% | -9.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.40% | 3.56% | +1.84% |
Volatility
ZPDE.DE vs. WELP.DE - Volatility Comparison
SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.DE) has a higher volatility of 7.53% compared to HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) at 6.37%. This indicates that ZPDE.DE's price experiences larger fluctuations and is considered to be riskier than WELP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZPDE.DE | WELP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.53% | 6.37% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 20.35% | 16.27% | +4.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.96% | 19.25% | +4.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.90% | 19.61% | +7.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.89% | 19.61% | +9.28% |
ZPDE.DE vs. WELP.DE - Expense Ratio Comparison
ZPDE.DE has a 0.15% expense ratio, which is lower than WELP.DE's 0.59% expense ratio.
Dividends
ZPDE.DE vs. WELP.DE - Dividend Comparison
ZPDE.DE has not paid dividends to shareholders, while WELP.DE's dividend yield for the trailing twelve months is around 2.85%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 2.85% | 3.78% | 3.64% | 0.79% |
ZPDE.DE SPDR S&P US Energy Select Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, ZPDE.DE and WELP.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, ZPDE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDE.DE is cheaper with a 0.15% expense ratio, compared with 0.59% for WELP.DE.
ZPDE.DE tracks S&P Energy Select Sector, while WELP.DE tracks MSCI World/Energy NR USD. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.15% for ZPDE.DE and 0.59% for WELP.DE.
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