ANRJ.L vs. XDW0.L

Last updated Jun 5, 2026

ANRJ.L (Amundi ETF MSCI Europe Energy UCITS ETF) and XDW0.L (Xtrackers MSCI World Energy UCITS ETF 1C) are both Energy Equities funds tracking the MSCI World/Energy NR USD, from Amundi and Xtrackers respectively. Both are passively managed. Over the past 10 years, ANRJ.L returned 16.23%/yr vs 10.25%/yr for XDW0.L. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

ANRJ.L vs. XDW0.L - 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 Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ANRJ.L is traded in GBp, while XDW0.L is traded in USD. To make them comparable, the XDW0.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 lower than XDW0.L's 31.44% return. Over the past 10 years, ANRJ.L has outperformed XDW0.L with an annualized return of 16.23%, while XDW0.L has yielded a comparatively lower 10.25% annualized 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%

XDW0.L

• 1D: -0.57%
• 1M: -0.95%
• YTD: 31.44%
• 6M: 27.91%
• 1Y: 48.84%
• 3Y*: 15.80%
• 5Y*: 20.48%
• 10Y*: 10.25%

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

ANRJ.L vs. XDW0.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ANRJ.L Amundi ETF MSCI Europe Energy UCITS ETF	27.53%	43.26%	10.68%	9.79%	44.73%	26.52%	-27.94%	3.65%	0.61%	9.59%
XDW0.L Xtrackers MSCI World Energy UCITS ETF 1C	31.44%	6.49%	3.89%	-1.50%	63.67%	40.54%	-32.44%	5.86%	-10.68%	-3.77%

Correlation

The correlation between ANRJ.L and XDW0.L is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.72
Correlation (All Time) Calculated using the full available price history since Mar 29, 2016	0.72

Over the past year, the correlation between ANRJ.L and XDW0.L has dropped to 0.02 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

ANRJ.L vs. XDW0.L - Sectors Allocation Comparison

Sectors	ANRJ.L	XDW0.L
Industrials	44.4%	-
Basic Materials	25.7%	-
Utilities	20.6%	-
Consumer Cyclical	7.9%	-
Technology	1.4%	-
Communication Services	-	0.1%
Consumer Defensive	-	-
Energy	-	99.9%
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

ANRJ.L vs. XDW0.L — 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

XDW0.L

XDW0.L Risk / Return Rank: 73
XDW0.L Sharpe Ratio Rank: 77
XDW0.L Sortino Ratio Rank: 67
XDW0.L Omega Ratio Rank: 71
XDW0.L Calmar Ratio Rank: 77
XDW0.L Martin Ratio Rank: 70

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. XDW0.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 Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.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	XDW0.L	Difference
Sharpe ratio: Return per unit of total volatility	4.01	2.39	+1.62
Sortino ratio: Return per unit of downside risk	5.12	2.91	+2.21
Omega ratio: Gain probability vs. loss probability	1.66	1.42	+0.24
Calmar ratio: Return relative to maximum drawdown	8.15	3.40	+4.75
Martin ratio: Return relative to average drawdown	26.14	10.88	+15.26
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. XDW0.L - Sharpe Ratio Comparison

The current ANRJ.L Sharpe Ratio is 4.01, which is higher than the XDW0.L Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of ANRJ.L and XDW0.L, 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	XDW0.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.01	2.39	+1.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.36	0.86	+0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.40	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.42	+0.06

Drawdowns

ANRJ.L vs. XDW0.L - Drawdown Comparison

The maximum ANRJ.L drawdown since its inception was -57.08%, roughly equal to the maximum XDW0.L drawdown of -59.07%. Use the drawdown chart below to compare losses from any high point for ANRJ.L and XDW0.L.

Drawdown Indicators

	ANRJ.L	XDW0.L	Difference
Max Drawdown Largest peak-to-trough decline	-57.08%	-59.07%	+1.99%
Max Drawdown (1Y) Largest decline over 1 year	-8.08%	-14.30%	+6.22%
Max Drawdown (3Y) Largest decline over 3 years	-13.17%	-21.61%	+8.44%
Max Drawdown (5Y) Largest decline over 5 years	-19.81%	-22.02%	+2.21%
Max Drawdown (10Y) Largest decline over 10 years	-57.08%	-59.07%	+1.99%
Current Drawdown Current decline from peak	-3.59%	-7.68%	+4.09%
Average Drawdown Average peak-to-trough decline	-11.86%	-13.88%	+2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	4.48%	-1.95%

Volatility

ANRJ.L vs. XDW0.L - Volatility Comparison

The current volatility for Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.L) is 6.93%, while Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) has a volatility of 7.80%. This indicates that ANRJ.L experiences smaller price fluctuations and is considered to be less risky than XDW0.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANRJ.L	XDW0.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	7.80%	-0.87%
Volatility (6M) Calculated over the trailing 6-month period	13.53%	17.20%	-3.67%
Volatility (1Y) Calculated over the trailing 1-year period	16.43%	20.41%	-3.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.21%	23.73%	-2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.69%	25.59%	-0.90%

ANRJ.L vs. XDW0.L - Expense Ratio Comparison

Both ANRJ.L and XDW0.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ANRJ.L vs. XDW0.L - Dividend Comparison

Neither ANRJ.L nor XDW0.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ANRJ.L and XDW0.L in my portfolio?

ANRJ.L and XDW0.L have a correlation of 0.02, 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 XDW0.L?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ANRJ.L or XDW0.L?

ANRJ.L and XDW0.L have the same expense ratio: 0.25% per year.

What is the main difference between ANRJ.L and XDW0.L?

Both ETFs track MSCI World/Energy NR USD. They also come from different issuers: Amundi and Xtrackers.