FINW.L vs. WDFE.L
FINW.L (Lyxor MSCI World Financials TR UCITS) and WDFE.L (Invesco S&P World Financials ESG UCITS ETF Acc) are both Financials Equities funds - FINW.L tracks the MSCI World/Financials NR USD while WDFE.L tracks the S&P World ESG Enhanced Financials Index. Both are passively managed. Over the past 3 years, FINW.L returned 22.91%/yr vs 22.40%/yr for WDFE.L. With a 0.98 correlation, they move nearly in lockstep. FINW.L charges 0.30%/yr vs 0.18%/yr for WDFE.L.
Performance
FINW.L vs. WDFE.L - Performance Comparison
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Returns By Period
In the year-to-date period, FINW.L achieves a -1.61% return, which is significantly lower than WDFE.L's -1.31% return.
FINW.L
- 1D
- -1.44%
- 1M
- -1.73%
- YTD
- -1.61%
- 6M
- 3.43%
- 1Y
- 12.24%
- 3Y*
- 22.91%
- 5Y*
- 11.30%
- 10Y*
- 12.00%
WDFE.L
- 1D
- -1.39%
- 1M
- -1.72%
- YTD
- -1.31%
- 6M
- 4.28%
- 1Y
- 10.83%
- 3Y*
- 22.40%
- 5Y*
- —
- 10Y*
- —
FINW.L vs. WDFE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FINW.L Lyxor MSCI World Financials TR UCITS | -1.61% | 29.01% | 26.29% | 15.49% |
WDFE.L Invesco S&P World Financials ESG UCITS ETF Acc | -1.31% | 27.03% | 25.78% | 15.69% |
Correlation
The correlation between FINW.L and WDFE.L is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.98 |
The correlation between FINW.L and WDFE.L has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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Return for Risk
FINW.L vs. WDFE.L — Risk / Return Rank
FINW.L
WDFE.L
FINW.L vs. WDFE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI World Financials TR UCITS (FINW.L) and Invesco S&P World Financials ESG UCITS ETF Acc (WDFE.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.
| FINW.L | WDFE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.14 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.05 | +0.06 |
| Martin ratioReturn relative to average drawdown | 3.71 | 3.55 | +0.16 |
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
| FINW.L | WDFE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.79 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 1.38 | -0.89 |
Drawdowns
FINW.L vs. WDFE.L - Drawdown Comparison
The maximum FINW.L drawdown since its inception was -43.64%, which is greater than WDFE.L's maximum drawdown of -16.10%. Use the drawdown chart below to compare losses from any high point for FINW.L and WDFE.L.
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Drawdown Indicators
| FINW.L | WDFE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.64% | -16.10% | -27.54% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -10.26% | -0.72% |
Max Drawdown (3Y)Largest decline over 3 years | -15.81% | -16.10% | +0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -27.31% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.64% | — | — |
Current DrawdownCurrent decline from peak | -3.43% | -2.94% | -0.49% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -2.17% | -5.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.29% | 3.04% | +0.25% |
Volatility
FINW.L vs. WDFE.L - Volatility Comparison
Lyxor MSCI World Financials TR UCITS (FINW.L) has a higher volatility of 3.98% compared to Invesco S&P World Financials ESG UCITS ETF Acc (WDFE.L) at 3.62%. This indicates that FINW.L's price experiences larger fluctuations and is considered to be riskier than WDFE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FINW.L | WDFE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 3.62% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 11.15% | 10.68% | +0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.15% | 13.72% | +0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.83% | 15.33% | +2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.24% | 15.33% | +3.91% |
FINW.L vs. WDFE.L - Expense Ratio Comparison
FINW.L has a 0.30% expense ratio, which is higher than WDFE.L's 0.18% expense ratio.
Dividends
FINW.L vs. WDFE.L - Dividend Comparison
Neither FINW.L nor WDFE.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.97, FINW.L and WDFE.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, WDFE.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDFE.L is cheaper with a 0.18% expense ratio, compared with 0.30% for FINW.L.
FINW.L tracks MSCI World/Financials NR USD, while WDFE.L tracks S&P World ESG Enhanced Financials Index. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.30% for FINW.L and 0.18% for WDFE.L.
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