ENGW.L vs. WTIZ.DE
ENGW.L (SPDR MSCI World Energy UCITS ETF) and WTIZ.DE (WisdomTree Japan Equity UCITS ETF JPY Acc) are both exchange-traded funds - ENGW.L is a Energy Equities fund tracking the MSCI World/Energy NR USD, while WTIZ.DE is a Japan Equities fund tracking the WisdomTree Japan Equity. Both are passively managed. Over the past 3 years, ENGW.L returned 16.05%/yr vs 19.68%/yr for WTIZ.DE. At a 0.18 correlation, their price movements are largely independent. ENGW.L charges 0.30%/yr vs 0.40%/yr for WTIZ.DE.
Performance
ENGW.L vs. WTIZ.DE - Performance Comparison
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Different Trading Currencies
ENGW.L is traded in GBP, while WTIZ.DE is traded in EUR. To make them comparable, the WTIZ.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, ENGW.L achieves a 31.48% return, which is significantly higher than WTIZ.DE's 16.16% return.
ENGW.L
- 1D
- 2.24%
- 1M
- 0.93%
- YTD
- 31.48%
- 6M
- 29.41%
- 1Y
- 47.44%
- 3Y*
- 16.05%
- 5Y*
- —
- 10Y*
- —
WTIZ.DE
- 1D
- 1.24%
- 1M
- 6.09%
- YTD
- 16.16%
- 6M
- 18.43%
- 1Y
- 35.93%
- 3Y*
- 19.68%
- 5Y*
- 14.23%
- 10Y*
- —
ENGW.L vs. WTIZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ENGW.L SPDR MSCI World Energy UCITS ETF | 31.48% | 7.20% | 3.55% | -2.06% | 20.65% |
WTIZ.DE WisdomTree Japan Equity UCITS ETF JPY Acc | 16.16% | 21.15% | 12.85% | 19.05% | -0.30% |
Correlation
The correlation between ENGW.L and WTIZ.DE is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2022 | 0.18 |
The correlation between ENGW.L and WTIZ.DE shifts across timeframes, from -0.06 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ENGW.L vs. WTIZ.DE — Risk / Return Rank
ENGW.L
WTIZ.DE
ENGW.L vs. WTIZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Energy UCITS ETF (ENGW.L) and WisdomTree Japan Equity UCITS ETF JPY Acc (WTIZ.DE). 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.
| ENGW.L | WTIZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.36 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 3.18 | +0.06 |
| Martin ratioReturn relative to average drawdown | 10.79 | 10.08 | +0.71 |
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
| ENGW.L | WTIZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | 1.94 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.90 | -0.28 |
Drawdowns
ENGW.L vs. WTIZ.DE - Drawdown Comparison
The maximum ENGW.L drawdown since its inception was -21.65%, which is greater than WTIZ.DE's maximum drawdown of -15.16%. Use the drawdown chart below to compare losses from any high point for ENGW.L and WTIZ.DE.
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Drawdown Indicators
| ENGW.L | WTIZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.65% | -15.16% | -6.49% |
Max Drawdown (1Y)Largest decline over 1 year | -14.56% | -11.24% | -3.32% |
Max Drawdown (3Y)Largest decline over 3 years | -21.40% | -15.16% | -6.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.16% | — |
Current DrawdownCurrent decline from peak | -7.08% | -1.67% | -5.41% |
Average DrawdownAverage peak-to-trough decline | -8.76% | -3.66% | -5.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 3.55% | +0.83% |
Volatility
ENGW.L vs. WTIZ.DE - Volatility Comparison
SPDR MSCI World Energy UCITS ETF (ENGW.L) has a higher volatility of 8.13% compared to WisdomTree Japan Equity UCITS ETF JPY Acc (WTIZ.DE) at 4.19%. This indicates that ENGW.L's price experiences larger fluctuations and is considered to be riskier than WTIZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENGW.L | WTIZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.13% | 4.19% | +3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 18.03% | 15.08% | +2.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.27% | 18.48% | +2.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 16.30% | +6.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.80% | 16.15% | +6.65% |
ENGW.L vs. WTIZ.DE - Expense Ratio Comparison
ENGW.L has a 0.30% expense ratio, which is lower than WTIZ.DE's 0.40% expense ratio.
Dividends
ENGW.L vs. WTIZ.DE - Dividend Comparison
Neither ENGW.L nor WTIZ.DE has paid dividends to shareholders.
Frequently Asked Questions
ENGW.L and WTIZ.DE have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ENGW.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ENGW.L is cheaper with a 0.30% expense ratio, compared with 0.40% for WTIZ.DE.
ENGW.L is categorized as Energy Equities, while WTIZ.DE is Japan Equities. ENGW.L tracks MSCI World/Energy NR USD, while WTIZ.DE tracks WisdomTree Japan Equity. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.30% for ENGW.L and 0.40% for WTIZ.DE.
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