ANRJ.L vs. STCE

Last updated Jun 5, 2026

ANRJ.L (Amundi ETF MSCI Europe Energy UCITS ETF) and STCE (Schwab Crypto Thematic ETF) are both exchange-traded funds - ANRJ.L is a Energy Equities fund tracking the MSCI World/Energy NR USD, while STCE is a Blockchain fund tracking the Schwab Crypto Thematic Index. Both are passively managed. Over the past 3 years, ANRJ.L returned 33.07%/yr vs 55.91%/yr for STCE. At a 0.22 correlation, their price movements are largely independent. ANRJ.L charges 0.25%/yr vs 0.30%/yr for STCE.

Performance

ANRJ.L vs. STCE - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.L) and Schwab Crypto Thematic ETF (STCE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ANRJ.L is traded in GBp, while STCE is traded in USD. To make them comparable, the STCE values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, ANRJ.L achieves a 27.53% return, which is significantly lower than STCE's 31.85% return.

ANRJ.L

• 1D: -0.73%
• 1M: -1.44%
• YTD: 27.53%
• 6M: 25.69%
• 1Y: 66.23%
• 3Y*: 33.07%
• 5Y*: 28.76%
• 10Y*: 16.23%

STCE

• 1D: -0.52%
• 1M: 11.68%
• YTD: 31.85%
• 6M: 6.33%
• 1Y: 79.57%
• 3Y*: 55.91%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANRJ.L vs. STCE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ANRJ.L Amundi ETF MSCI Europe Energy UCITS ETF	27.53%	43.26%	10.68%	9.79%	17.32%
STCE Schwab Crypto Thematic ETF	31.85%	26.42%	44.23%	98.22%	-38.55%

Correlation

The correlation between ANRJ.L and STCE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Aug 5, 2022	0.22

The correlation between ANRJ.L and STCE shifts across timeframes, from 0.22 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.

ANRJ.L vs. STCE - Sectors Allocation Comparison

Sectors	ANRJ.L	STCE
Industrials	44.4%	-
Basic Materials	25.7%	-
Utilities	20.6%	-
Consumer Cyclical	7.9%	-
Technology	1.4%	30.9%
Communication Services	-	6.2%
Consumer Defensive	-	-
Energy	-	0.0%
Financial Services	-	62.9%
Healthcare	-	-
Real Estate	-	-

Return for Risk

ANRJ.L vs. STCE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANRJ.L

ANRJ.L Risk / Return Rank: 95
ANRJ.L Sharpe Ratio Rank: 96
ANRJ.L Sortino Ratio Rank: 95
ANRJ.L Omega Ratio Rank: 94
ANRJ.L Calmar Ratio Rank: 95
ANRJ.L Martin Ratio Rank: 94

STCE

STCE Risk / Return Rank: 32
STCE Sharpe Ratio Rank: 37
STCE Sortino Ratio Rank: 37
STCE Omega Ratio Rank: 34
STCE Calmar Ratio Rank: 30
STCE Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANRJ.L vs. STCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.L) and Schwab Crypto Thematic ETF (STCE). 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.

	ANRJ.L	STCE	Difference
Sharpe ratio: Return per unit of total volatility	4.01	1.34	+2.67
Sortino ratio: Return per unit of downside risk	5.12	1.94	+3.18
Omega ratio: Gain probability vs. loss probability	1.66	1.23	+0.43
Calmar ratio: Return relative to maximum drawdown	8.15	1.50	+6.65
Martin ratio: Return relative to average drawdown	26.14	2.66	+23.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANRJ.L vs. STCE - Sharpe Ratio Comparison

The current ANRJ.L Sharpe Ratio is 4.01, which is higher than the STCE Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of ANRJ.L and STCE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANRJ.L	STCE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.01	1.34	+2.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.36	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.60	-0.11

Drawdowns

ANRJ.L vs. STCE - Drawdown Comparison

The maximum ANRJ.L drawdown since its inception was -57.08%, which is greater than STCE's maximum drawdown of -53.38%. Use the drawdown chart below to compare losses from any high point for ANRJ.L and STCE.

Drawdown Indicators

	ANRJ.L	STCE	Difference
Max Drawdown Largest peak-to-trough decline	-57.08%	-53.38%	-3.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.08%	-53.38%	+45.30%
Max Drawdown (3Y) Largest decline over 3 years	-13.17%	-53.38%	+40.21%
Max Drawdown (5Y) Largest decline over 5 years	-19.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.08%	—	—
Current Drawdown Current decline from peak	-3.59%	-26.16%	+22.57%
Average Drawdown Average peak-to-trough decline	-11.86%	-22.56%	+10.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	30.00%	-27.47%

Volatility

ANRJ.L vs. STCE - Volatility Comparison

The current volatility for Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.L) is 6.93%, while Schwab Crypto Thematic ETF (STCE) has a volatility of 14.00%. This indicates that ANRJ.L experiences smaller price fluctuations and is considered to be less risky than STCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANRJ.L	STCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	14.00%	-7.07%
Volatility (6M) Calculated over the trailing 6-month period	13.53%	40.83%	-27.30%
Volatility (1Y) Calculated over the trailing 1-year period	16.43%	59.72%	-43.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.21%	54.27%	-33.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.69%	54.27%	-29.58%

ANRJ.L vs. STCE - Expense Ratio Comparison

ANRJ.L has a 0.25% expense ratio, which is lower than STCE's 0.30% expense ratio.

Dividends

ANRJ.L vs. STCE - Dividend Comparison

ANRJ.L has not paid dividends to shareholders, while STCE's dividend yield for the trailing twelve months is around 1.49%.

Position	TTM	2025	2024	2023	2022
ANRJ.L Amundi ETF MSCI Europe Energy UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
STCE Schwab Crypto Thematic ETF	1.49%	1.96%	0.64%	0.31%	1.46%

Frequently Asked Questions

Can I hold both ANRJ.L and STCE in my portfolio?

ANRJ.L and STCE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ANRJ.L or STCE?

On fees, ANRJ.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ANRJ.L or STCE?

ANRJ.L is cheaper with a 0.25% expense ratio, compared with 0.30% for STCE.

What is the main difference between ANRJ.L and STCE?

ANRJ.L is categorized as Energy Equities, while STCE is Blockchain. ANRJ.L tracks MSCI World/Energy NR USD, while STCE tracks Schwab Crypto Thematic Index. They also come from different issuers: Amundi and Charles Schwab. Their fees differ too: 0.25% for ANRJ.L and 0.30% for STCE.