AQWG.L vs. WNDG.L
AQWG.L (Global X Clean Water UCITS ETF) and WNDG.L (Global X Wind Energy UCITS ETF USD Accumulating) are both exchange-traded funds - AQWG.L is a Water Equities fund tracking the S&P Global Water TR, while WNDG.L is a Energy Equities fund tracking the S&P Global Clean Energy TR USD. Both are passively managed. Over the past 3 years, AQWG.L returned 7.66%/yr vs -0.34%/yr for WNDG.L. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
AQWG.L vs. WNDG.L - Performance Comparison
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Returns By Period
In the year-to-date period, AQWG.L achieves a -0.99% return, which is significantly lower than WNDG.L's 16.77% return.
AQWG.L
- 1D
- -0.23%
- 1M
- -2.33%
- YTD
- -0.99%
- 6M
- -3.17%
- 1Y
- 2.59%
- 3Y*
- 7.66%
- 5Y*
- —
- 10Y*
- —
WNDG.L
- 1D
- -1.72%
- 1M
- -8.21%
- YTD
- 16.77%
- 6M
- 17.23%
- 1Y
- 43.35%
- 3Y*
- -0.34%
- 5Y*
- —
- 10Y*
- —
AQWG.L vs. WNDG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AQWG.L Global X Clean Water UCITS ETF | -0.99% | 5.17% | 7.79% | 18.26% | 1.97% |
WNDG.L Global X Wind Energy UCITS ETF USD Accumulating | 16.77% | 23.53% | -18.76% | -23.82% | -3.71% |
Correlation
The correlation between AQWG.L and WNDG.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022 | 0.31 |
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Return for Risk
AQWG.L vs. WNDG.L — Risk / Return Rank
AQWG.L
WNDG.L
AQWG.L vs. WNDG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water UCITS ETF (AQWG.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.
| AQWG.L | WNDG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.39 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 4.94 | -4.73 |
| Martin ratioReturn relative to average drawdown | 0.52 | 16.13 | -15.61 |
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
| AQWG.L | WNDG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 2.23 | -2.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | -0.17 | +0.40 |
Drawdowns
AQWG.L vs. WNDG.L - Drawdown Comparison
The maximum AQWG.L drawdown since its inception was -23.03%, smaller than the maximum WNDG.L drawdown of -52.03%. Use the drawdown chart below to compare losses from any high point for AQWG.L and WNDG.L.
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Drawdown Indicators
| AQWG.L | WNDG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.03% | -52.03% | +29.00% |
Max Drawdown (1Y)Largest decline over 1 year | -11.23% | -8.76% | -2.47% |
Max Drawdown (3Y)Largest decline over 3 years | -17.73% | -38.73% | +21.00% |
Current DrawdownCurrent decline from peak | -9.71% | -21.30% | +11.59% |
Average DrawdownAverage peak-to-trough decline | -7.35% | -28.82% | +21.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 2.69% | +1.80% |
Volatility
AQWG.L vs. WNDG.L - Volatility Comparison
The current volatility for Global X Clean Water UCITS ETF (AQWG.L) is 3.98%, while Global X Wind Energy UCITS ETF USD Accumulating (WNDG.L) has a volatility of 4.77%. This indicates that AQWG.L experiences smaller price fluctuations and is considered to be less risky 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
| AQWG.L | WNDG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 4.77% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 9.96% | 13.61% | -3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.03% | 19.43% | -6.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.00% | 20.70% | -5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.00% | 20.70% | -5.70% |
AQWG.L vs. WNDG.L - Expense Ratio Comparison
Both AQWG.L and WNDG.L have an expense ratio of 0.50%.
Dividends
AQWG.L vs. WNDG.L - Dividend Comparison
Neither AQWG.L nor WNDG.L has paid dividends to shareholders.
Frequently Asked Questions
AQWG.L and WNDG.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AQWG.L and WNDG.L have the same expense ratio: 0.50% per year.
AQWG.L is categorized as Water Equities, while WNDG.L is Energy Equities. AQWG.L tracks S&P Global Water TR, while WNDG.L tracks S&P Global Clean Energy TR USD.
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