ANRJ.L vs. WNDG.L
ANRJ.L (Amundi ETF MSCI Europe Energy UCITS ETF) and WNDG.L (Global X Wind Energy UCITS ETF USD Accumulating) are both Energy Equities funds - ANRJ.L tracks the MSCI World/Energy NR USD while WNDG.L tracks the S&P Global Clean Energy TR USD. Both are passively managed. Over the past 3 years, ANRJ.L returned 33.07%/yr vs -0.34%/yr for WNDG.L. At a 0.40 correlation, their price movements are largely independent. ANRJ.L charges 0.25%/yr vs 0.50%/yr for WNDG.L.
Performance
ANRJ.L vs. WNDG.L - Performance Comparison
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Different Trading Currencies
ANRJ.L is traded in GBp, while WNDG.L is traded in GBP. To make them comparable, the WNDG.L 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 higher than WNDG.L's 16.77% 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%
WNDG.L
- 1D
- -1.72%
- 1M
- -7.33%
- YTD
- 16.77%
- 6M
- 17.87%
- 1Y
- 43.50%
- 3Y*
- -0.34%
- 5Y*
- —
- 10Y*
- —
ANRJ.L vs. WNDG.L - 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% | 22.07% |
WNDG.L Global X Wind Energy UCITS ETF USD Accumulating | 16.77% | 23.53% | -18.76% | -23.82% | -3.71% |
Correlation
The correlation between ANRJ.L and WNDG.L is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022 | 0.40 |
The correlation between ANRJ.L and WNDG.L shifts across timeframes, from 0.40 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ANRJ.L vs. WNDG.L — Risk / Return Rank
ANRJ.L
WNDG.L
ANRJ.L vs. WNDG.L - 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 Global X Wind Energy UCITS ETF USD Accumulating (WNDG.L). 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 | WNDG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.39 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 8.15 | 4.94 | +3.21 |
| Martin ratioReturn relative to average drawdown | 26.14 | 16.13 | +10.01 |
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
| ANRJ.L | WNDG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.01 | 2.23 | +1.78 |
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 | -0.17 | +0.66 |
Drawdowns
ANRJ.L vs. WNDG.L - Drawdown Comparison
The maximum ANRJ.L drawdown since its inception was -57.08%, which is greater than WNDG.L's maximum drawdown of -52.03%. Use the drawdown chart below to compare losses from any high point for ANRJ.L and WNDG.L.
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Drawdown Indicators
| ANRJ.L | WNDG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.08% | -52.03% | -5.05% |
Max Drawdown (1Y)Largest decline over 1 year | -8.08% | -8.76% | +0.68% |
Max Drawdown (3Y)Largest decline over 3 years | -13.17% | -39.56% | +26.39% |
Max Drawdown (5Y)Largest decline over 5 years | -19.81% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.08% | — | — |
Current DrawdownCurrent decline from peak | -3.59% | -21.30% | +17.71% |
Average DrawdownAverage peak-to-trough decline | -11.86% | -28.82% | +16.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.69% | -0.16% |
Volatility
ANRJ.L vs. WNDG.L - Volatility Comparison
Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.L) has a higher volatility of 6.93% compared to Global X Wind Energy UCITS ETF USD Accumulating (WNDG.L) at 4.77%. This indicates that ANRJ.L's price experiences larger fluctuations and is considered to be riskier than WNDG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANRJ.L | WNDG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 4.77% | +2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 13.53% | 13.61% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.43% | 19.43% | -3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.21% | 20.70% | +0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.69% | 20.70% | +3.99% |
ANRJ.L vs. WNDG.L - Expense Ratio Comparison
ANRJ.L has a 0.25% expense ratio, which is lower than WNDG.L's 0.50% expense ratio.
Dividends
ANRJ.L vs. WNDG.L - Dividend Comparison
Neither ANRJ.L nor WNDG.L has paid dividends to shareholders.
Frequently Asked Questions
ANRJ.L and WNDG.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
ANRJ.L is cheaper with a 0.25% expense ratio, compared with 0.50% for WNDG.L.
ANRJ.L tracks MSCI World/Energy NR USD, while WNDG.L tracks S&P Global Clean Energy TR USD. They also come from different issuers: Amundi and Global X. Their fees differ too: 0.25% for ANRJ.L and 0.50% for WNDG.L.
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