ESIE.L vs. WDEE.L
ESIE.L (iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc)) and WDEE.L (Invesco S&P World Energy Targeted & Screened UCITS ETF Acc) are both Energy Equities funds - ESIE.L tracks the MSCI World/Energy NR USD while WDEE.L tracks the S&P World Energy Targeted & Screened Index. Both are passively managed. Over the past 3 years, ESIE.L returned 18.27%/yr vs 16.22%/yr for WDEE.L. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.
Performance
ESIE.L vs. WDEE.L - Performance Comparison
Loading charts...
Different Trading Currencies
ESIE.L is traded in GBP, while WDEE.L is traded in USD. To make them comparable, the WDEE.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESIE.L achieves a 35.58% return, which is significantly higher than WDEE.L's 31.43% return.
ESIE.L
- 1D
- 2.01%
- 1M
- -0.45%
- YTD
- 35.58%
- 6M
- 31.87%
- 1Y
- 58.97%
- 3Y*
- 18.27%
- 5Y*
- 20.09%
- 10Y*
- —
WDEE.L
- 1D
- 2.27%
- 1M
- -0.02%
- YTD
- 31.43%
- 6M
- 28.87%
- 1Y
- 40.47%
- 3Y*
- 16.22%
- 5Y*
- —
- 10Y*
- —
ESIE.L vs. WDEE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ESIE.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) | 35.58% | 20.13% | -9.70% | 3.35% |
WDEE.L Invesco S&P World Energy Targeted & Screened UCITS ETF Acc | 31.43% | 1.24% | 5.84% | 4.65% |
Correlation
The correlation between ESIE.L and WDEE.L is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.78 |
The correlation between ESIE.L and WDEE.L has been stable across timeframes, ranging from 0.77 to 0.78 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ESIE.L vs. WDEE.L — Risk / Return Rank
ESIE.L
WDEE.L
ESIE.L vs. WDEE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L) and Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.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.
| ESIE.L | WDEE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.36 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.84 | 3.40 | +1.44 |
| Martin ratioReturn relative to average drawdown | 14.81 | 10.68 | +4.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ESIE.L | WDEE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.56 | 2.06 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.68 | +0.19 |
Drawdowns
ESIE.L vs. WDEE.L - Drawdown Comparison
The maximum ESIE.L drawdown since its inception was -27.35%, which is greater than WDEE.L's maximum drawdown of -21.91%. Use the drawdown chart below to compare losses from any high point for ESIE.L and WDEE.L.
Loading charts...
Drawdown Indicators
| ESIE.L | WDEE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.35% | -21.91% | -5.44% |
Max Drawdown (1Y)Largest decline over 1 year | -12.13% | -11.86% | -0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -27.35% | -21.91% | -5.44% |
Max Drawdown (5Y)Largest decline over 5 years | -27.35% | — | — |
Current DrawdownCurrent decline from peak | -6.04% | -4.80% | -1.24% |
Average DrawdownAverage peak-to-trough decline | -8.24% | -7.26% | -0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 3.78% | +0.19% |
Volatility
ESIE.L vs. WDEE.L - Volatility Comparison
iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L) has a higher volatility of 8.04% compared to Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.L) at 7.33%. This indicates that ESIE.L's price experiences larger fluctuations and is considered to be riskier than WDEE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ESIE.L | WDEE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.04% | 7.33% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 19.14% | 15.98% | +3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.89% | 19.58% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.32% | 19.35% | +4.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.59% | 19.35% | +5.24% |
ESIE.L vs. WDEE.L - Expense Ratio Comparison
Both ESIE.L and WDEE.L have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ESIE.L vs. WDEE.L - Dividend Comparison
Neither ESIE.L nor WDEE.L has paid dividends to shareholders.
Frequently Asked Questions
ESIE.L and WDEE.L have a correlation of 0.78, 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 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESIE.L and WDEE.L have the same expense ratio: 0.18% per year.
ESIE.L tracks MSCI World/Energy NR USD, while WDEE.L tracks S&P World Energy Targeted & Screened Index. They also come from different issuers: iShares and Invesco.
Find the right allocation for ESIE.L and WDEE.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer