ENGW.L vs. GUNR
Compare and contrast key facts about SPDR MSCI World Energy UCITS ETF (ENGW.L) and FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR).
ENGW.L and GUNR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENGW.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Energy NR USD. It was launched on Apr 29, 2016. GUNR is a passively managed fund by Northern Trust that tracks the performance of the Morningstar Global Upstream Natural Resources Index. It was launched on Sep 16, 2011. Both ENGW.L and GUNR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENGW.L or GUNR.
Key characteristics
| ENGW.L | GUNR | |
|---|---|---|
| YTD Return | 9.48% | -3.58% |
| 1Y Return | 7.24% | 0.25% |
| Sharpe Ratio | 0.39 | 0.19 |
| Sortino Ratio | 0.63 | 0.36 |
| Omega Ratio | 1.08 | 1.04 |
| Calmar Ratio | 0.42 | 0.17 |
| Martin Ratio | 0.91 | 0.55 |
| Ulcer Index | 7.24% | 5.26% |
| Daily Std Dev | 16.71% | 15.01% |
| Max Drawdown | -21.65% | -45.64% |
| Current Drawdown | -6.46% | -13.46% |
Correlation
The correlation between ENGW.L and GUNR is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ENGW.L vs. GUNR - Performance Comparison
In the year-to-date period, ENGW.L achieves a 9.48% return, which is significantly higher than GUNR's -3.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ENGW.L vs. GUNR - Expense Ratio Comparison
ENGW.L has a 0.30% expense ratio, which is lower than GUNR's 0.46% expense ratio.
Risk-Adjusted Performance
ENGW.L vs. GUNR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Energy UCITS ETF (ENGW.L) and FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR). 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.
Dividends
ENGW.L vs. GUNR - Dividend Comparison
ENGW.L has not paid dividends to shareholders, while GUNR's dividend yield for the trailing twelve months is around 3.55%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENGW.L SPDR MSCI World Energy 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% |
GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | 3.55% | 3.55% | 4.12% | 3.61% | 2.79% | 3.25% | 3.28% | 2.00% | 1.73% | 4.50% | 2.80% | 2.03% |
Drawdowns
ENGW.L vs. GUNR - Drawdown Comparison
The maximum ENGW.L drawdown since its inception was -21.65%, smaller than the maximum GUNR drawdown of -45.64%. Use the drawdown chart below to compare losses from any high point for ENGW.L and GUNR. For additional features, visit the drawdowns tool.
Volatility
ENGW.L vs. GUNR - Volatility Comparison
The current volatility for SPDR MSCI World Energy UCITS ETF (ENGW.L) is 3.08%, while FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) has a volatility of 3.56%. This indicates that ENGW.L experiences smaller price fluctuations and is considered to be less risky than GUNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.