IMID.L vs. WENS.L
IMID.L (SPDR MSCI ACWI IMI UCITS ETF) and WENS.L (iShares MSCI World Energy Sector UCITS ETF USD (Dist)) are both exchange-traded funds - IMID.L is a Global Equities fund tracking the MSCI ACWI Investable Market Index, while WENS.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, IMID.L returned -59.65%/yr vs 16.17%/yr for WENS.L. At a 0.26 correlation, their price movements are largely independent. IMID.L charges 0.17%/yr vs 0.25%/yr for WENS.L.
Performance
IMID.L vs. WENS.L - Performance Comparison
Loading charts...
Different Trading Currencies
IMID.L is traded in USD, while WENS.L is traded in GBP. To make them comparable, the WENS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IMID.L achieves a -95.58% return, which is significantly lower than WENS.L's 27.22% return.
IMID.L
- 1D
- -1.22%
- 1M
- -1.90%
- 6M
- -95.68%
- YTD
- -95.58%
- 1Y
- -95.10%
- 3Y*
- -59.65%
- 5Y*
- -41.92%
- 10Y*
- -18.81%
WENS.L
- 1D
- 0.00%
- 1M
- 4.42%
- 6M
- 20.98%
- YTD
- 27.22%
- 1Y
- 36.37%
- 3Y*
- 16.17%
- 5Y*
- —
- 10Y*
- —
IMID.L vs. WENS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IMID.L SPDR MSCI ACWI IMI UCITS ETF | -95.58% | 22.16% | 16.31% | 21.65% | 1.84% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 27.22% | 14.79% | 2.12% | 3.17% | 16.86% |
Correlation
The correlation between IMID.L and WENS.L is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2022 | 0.26 |
The correlation between IMID.L and WENS.L shifts across timeframes, from -0.12 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
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
IMID.L vs. WENS.L — Risk / Return Rank
IMID.L
WENS.L
IMID.L vs. WENS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI IMI UCITS ETF (IMID.L) and iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IMID.L | WENS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.67 | ||
| Sortino ratioReturn per unit of downside risk | -2.98 | ||
| Omega ratioGain probability vs. loss probability | 0.55 | 1.30 | -0.75 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 2.33 | -3.31 |
| Martin ratioReturn relative to average drawdown | -1.43 | 6.65 | -8.08 |
Loading charts...
Drawdowns
IMID.L vs. WENS.L - Drawdown Comparison
The maximum IMID.L drawdown since its inception was -96.27%, which is greater than WENS.L's maximum drawdown of -18.66%. Use the drawdown chart below to compare losses from any high point for IMID.L and WENS.L.
Loading charts...
Drawdown Indicators
| IMID.L | WENS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.27% | -18.66% | -77.61% |
Max Drawdown (1Y)Largest decline over 1 year | -96.27% | -15.71% | -80.56% |
Max Drawdown (3Y)Largest decline over 3 years | -96.27% | -18.66% | -77.61% |
Max Drawdown (5Y)Largest decline over 5 years | -96.27% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -96.27% | — | — |
Current DrawdownCurrent decline from peak | -95.70% | -8.72% | -86.98% |
Average DrawdownAverage peak-to-trough decline | -7.92% | -5.17% | -2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 66.43% | 5.48% | +60.95% |
Volatility
IMID.L vs. WENS.L - Volatility Comparison
The current volatility for SPDR MSCI ACWI IMI UCITS ETF (IMID.L) is 3.46%, while iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) has a volatility of 6.01%. This indicates that IMID.L experiences smaller price fluctuations and is considered to be less risky than WENS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IMID.L | WENS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.46% | 6.01% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 321.58% | 18.96% | +302.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.79% | 21.66% | +75.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.76% | 22.44% | +23.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.12% | 22.44% | +13.68% |
IMID.L vs. WENS.L - Expense Ratio Comparison
IMID.L has a 0.17% expense ratio, which is lower than WENS.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IMID.L vs. WENS.L - Dividend Comparison
IMID.L has not paid dividends to shareholders, while WENS.L's dividend yield for the trailing twelve months is around 2.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IMID.L SPDR MSCI ACWI IMI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 2.71% | 3.25% | 3.52% | 3.61% | 1.77% |
Frequently Asked Questions
IMID.L and WENS.L have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IMID.L is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IMID.L is cheaper with a 0.17% expense ratio, compared with 0.25% for WENS.L.
IMID.L is categorized as Global Equities, while WENS.L is Energy Equities. IMID.L tracks MSCI ACWI Investable Market Index, while WENS.L tracks MSCI World/Energy NR USD. They also come from different issuers: State Street and iShares. Their fees differ too: 0.17% for IMID.L and 0.25% for WENS.L.
Find the right allocation for IMID.L and WENS.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