GCLE.L vs. EYED.L
Compare and contrast key facts about Invesco Global Clean Energy UCITS ETF Acc (GCLE.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.L).
GCLE.L and EYED.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GCLE.L is a passively managed fund by Invesco that tracks the performance of the WilderHill New Energy Global Innovation Index. It was launched on Mar 1, 2021. EYED.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Energy NR USD. It was launched on Oct 7, 2022. Both GCLE.L and EYED.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GCLE.L vs. EYED.L - Performance Comparison
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GCLE.L vs. EYED.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GCLE.L Invesco Global Clean Energy UCITS ETF Acc | 9.02% | 41.98% | -26.51% | -10.51% | -1.50% |
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) | 42.80% | 29.27% | -11.52% | 11.52% | 14.81% |
Different Trading Currencies
GCLE.L is traded in USD, while EYED.L is traded in GBP. To make them comparable, the EYED.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GCLE.L achieves a 9.02% return, which is significantly lower than EYED.L's 42.80% return.
GCLE.L
- 1D
- 0.18%
- 1M
- -4.76%
- YTD
- 9.02%
- 6M
- 18.30%
- 1Y
- 71.92%
- 3Y*
- -1.88%
- 5Y*
- -10.08%
- 10Y*
- —
EYED.L
- 1D
- 1.48%
- 1M
- 20.38%
- YTD
- 42.80%
- 6M
- 51.02%
- 1Y
- 58.17%
- 3Y*
- 22.51%
- 5Y*
- —
- 10Y*
- —
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GCLE.L vs. EYED.L - Expense Ratio Comparison
GCLE.L has a 0.60% expense ratio, which is higher than EYED.L's 0.18% expense ratio.
Return for Risk
GCLE.L vs. EYED.L — Risk / Return Rank
GCLE.L
EYED.L
GCLE.L vs. EYED.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy UCITS ETF Acc (GCLE.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.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.
| GCLE.L | EYED.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.06 | 2.57 | +0.48 |
Sortino ratioReturn per unit of downside risk | 3.68 | 3.05 | +0.63 |
Omega ratioGain probability vs. loss probability | 1.49 | 1.45 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 5.17 | 3.03 | +2.14 |
Martin ratioReturn relative to average drawdown | 19.65 | 12.67 | +6.98 |
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
| GCLE.L | EYED.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 2.57 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | 1.10 | -1.49 |
Correlation
The correlation between GCLE.L and EYED.L is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GCLE.L vs. EYED.L - Dividend Comparison
GCLE.L has not paid dividends to shareholders, while EYED.L's dividend yield for the trailing twelve months is around 3.51%.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GCLE.L Invesco Global Clean Energy UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% |
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) | 3.51% | 5.09% | 5.79% | 5.09% |
Drawdowns
GCLE.L vs. EYED.L - Drawdown Comparison
The maximum GCLE.L drawdown since its inception was -72.13%, which is greater than EYED.L's maximum drawdown of -23.12%. Use the drawdown chart below to compare losses from any high point for GCLE.L and EYED.L.
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Drawdown Indicators
| GCLE.L | EYED.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.13% | -25.34% | -46.79% |
Max Drawdown (1Y)Largest decline over 1 year | -13.52% | -18.75% | +5.23% |
Max Drawdown (5Y)Largest decline over 5 years | -69.94% | — | — |
Current DrawdownCurrent decline from peak | -45.50% | 0.00% | -45.50% |
Average DrawdownAverage peak-to-trough decline | -45.15% | -8.30% | -36.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 5.51% | -1.95% |
Volatility
GCLE.L vs. EYED.L - Volatility Comparison
Invesco Global Clean Energy UCITS ETF Acc (GCLE.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.L) have volatilities of 7.75% and 7.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GCLE.L | EYED.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.75% | 7.94% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 16.46% | 14.63% | +1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.61% | 22.51% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.52% | 21.43% | +7.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.03% | 21.43% | +7.60% |