EEI.L vs. X7PS.L
EEI.L (WisdomTree Europe Equity Income UCITS ETF) and X7PS.L (Invesco STOXX Europe 600 Optimised Banks UCITS ETF) are both Europe Equities funds - EEI.L tracks the MSCI Europe High Div Yld NR EUR while X7PS.L tracks the Invesco STOXX Europe 600 Optimised Banks UCITS ETF. Both are passively managed. Over the past 10 years, EEI.L returned 7.95%/yr vs 16.45%/yr for X7PS.L. A 0.73 correlation means they provide meaningful diversification when combined. EEI.L charges 0.29%/yr vs 0.30%/yr for X7PS.L.
Performance
EEI.L vs. X7PS.L - Performance Comparison
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Different Trading Currencies
EEI.L is traded in GBp, while X7PS.L is traded in EUR. To make them comparable, the X7PS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, EEI.L achieves a 13.37% return, which is significantly lower than X7PS.L's 14.56% return. Over the past 10 years, EEI.L has underperformed X7PS.L with an annualized return of 7.95%, while X7PS.L has yielded a comparatively higher 16.45% annualized return.
EEI.L
- 1D
- -0.92%
- 1M
- 0.08%
- 6M
- 11.73%
- YTD
- 13.37%
- 1Y
- 26.75%
- 3Y*
- 17.73%
- 5Y*
- 13.04%
- 10Y*
- 7.95%
X7PS.L
- 1D
- 0.00%
- 1M
- 4.26%
- 6M
- 11.91%
- YTD
- 14.56%
- 1Y
- 49.84%
- 3Y*
- 44.04%
- 5Y*
- 31.75%
- 10Y*
- 16.45%
EEI.L vs. X7PS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEI.L WisdomTree Europe Equity Income UCITS ETF | 13.37% | 34.65% | -1.53% | 12.32% | 6.32% | 11.17% | -13.91% | 12.63% | -10.53% | 10.55% |
X7PS.L Invesco STOXX Europe 600 Optimised Banks UCITS ETF | 14.56% | 87.84% | 27.12% | 23.19% | 5.63% | 30.02% | -18.45% | 7.52% | -25.50% | 16.45% |
Correlation
The correlation between EEI.L and X7PS.L is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2014 | 0.73 |
The correlation between EEI.L and X7PS.L shifts across timeframes, from 0.62 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EEI.L vs. X7PS.L — Risk / Return Rank
EEI.L
X7PS.L
EEI.L vs. X7PS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Equity Income UCITS ETF (EEI.L) and Invesco STOXX Europe 600 Optimised Banks UCITS ETF (X7PS.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EEI.L | X7PS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.21 | 3.10 | +0.11 |
| Martin ratioReturn relative to average drawdown | 13.09 | 10.36 | +2.73 |
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Drawdowns
EEI.L vs. X7PS.L - Drawdown Comparison
The maximum EEI.L drawdown since its inception was -34.74%, smaller than the maximum X7PS.L drawdown of -56.34%. Use the drawdown chart below to compare losses from any high point for EEI.L and X7PS.L.
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Drawdown Indicators
| EEI.L | X7PS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.74% | -56.34% | +21.60% |
Max Drawdown (1Y)Largest decline over 1 year | -8.29% | -16.07% | +7.78% |
Max Drawdown (3Y)Largest decline over 3 years | -11.04% | -18.22% | +7.18% |
Max Drawdown (5Y)Largest decline over 5 years | -14.62% | -30.73% | +16.11% |
Max Drawdown (10Y)Largest decline over 10 years | -34.74% | -56.34% | +21.60% |
Current DrawdownCurrent decline from peak | -0.92% | -1.80% | +0.88% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -14.49% | +5.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 4.81% | -2.77% |
Volatility
EEI.L vs. X7PS.L - Volatility Comparison
The current volatility for WisdomTree Europe Equity Income UCITS ETF (EEI.L) is 3.31%, while Invesco STOXX Europe 600 Optimised Banks UCITS ETF (X7PS.L) has a volatility of 5.39%. This indicates that EEI.L experiences smaller price fluctuations and is considered to be less risky than X7PS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEI.L | X7PS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 5.39% | -2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 9.11% | 18.89% | -9.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.03% | 22.30% | -11.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.27% | 23.78% | -10.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.16% | 24.60% | -9.44% |
EEI.L vs. X7PS.L - Expense Ratio Comparison
EEI.L has a 0.29% expense ratio, which is lower than X7PS.L's 0.30% expense ratio.
Dividends
EEI.L vs. X7PS.L - Dividend Comparison
EEI.L's dividend yield for the trailing twelve months is around 5.21%, while X7PS.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEI.L WisdomTree Europe Equity Income UCITS ETF | 5.21% | 5.26% | 6.91% | 5.58% | 5.08% | 4.86% | 3.91% | 3.33% | 0.00% | 1.10% | 3.47% | 4.48% |
X7PS.L Invesco STOXX Europe 600 Optimised Banks UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EEI.L and X7PS.L have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEI.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEI.L is cheaper with a 0.29% expense ratio, compared with 0.30% for X7PS.L.
EEI.L tracks MSCI Europe High Div Yld NR EUR, while X7PS.L tracks Invesco STOXX Europe 600 Optimised Banks UCITS ETF. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.29% for EEI.L and 0.30% for X7PS.L.
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