IMSU.L vs. WENS.L
IMSU.L (iShares S&P 500 Materials Sector UCITS ETF USD (Acc)) and WENS.L (iShares MSCI World Energy Sector UCITS ETF USD (Dist)) are both exchange-traded funds - IMSU.L is a Materials fund tracking the MSCI World/Materials NR USD, while WENS.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, IMSU.L returned 8.18%/yr vs 13.87%/yr for WENS.L. At a 0.35 correlation, their price movements are largely independent. IMSU.L charges 0.15%/yr vs 0.25%/yr for WENS.L.
Performance
IMSU.L vs. WENS.L - Performance Comparison
Loading charts...
Different Trading Currencies
IMSU.L is traded in GBp, while WENS.L is traded in GBP. To make them comparable, the WENS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IMSU.L achieves a 12.66% return, which is significantly lower than WENS.L's 31.38% return.
IMSU.L
- 1D
- -0.18%
- 1M
- -0.06%
- YTD
- 12.66%
- 6M
- 15.66%
- 1Y
- 19.61%
- 3Y*
- 8.18%
- 5Y*
- 6.03%
- 10Y*
- —
WENS.L
- 1D
- -0.43%
- 1M
- 3.54%
- YTD
- 31.38%
- 6M
- 26.25%
- 1Y
- 44.78%
- 3Y*
- 13.87%
- 5Y*
- —
- 10Y*
- —
IMSU.L vs. WENS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IMSU.L iShares S&P 500 Materials Sector UCITS ETF USD (Acc) | 12.66% | 3.37% | 0.69% | 6.26% | 7.77% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 31.38% | 3.24% | 2.09% | -2.00% | 17.73% |
Correlation
The correlation between IMSU.L and WENS.L is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2022 | 0.35 |
Over the past year, the correlation between IMSU.L and WENS.L has dropped to 0.07 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
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
IMSU.L vs. WENS.L — Risk / Return Rank
IMSU.L
WENS.L
IMSU.L vs. WENS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Materials Sector UCITS ETF USD (Acc) (IMSU.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.
| IMSU.L | WENS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.37 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 2.99 | -1.20 |
| Martin ratioReturn relative to average drawdown | 6.00 | 9.66 | -3.66 |
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
| IMSU.L | WENS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 2.06 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.59 | -0.12 |
Drawdowns
IMSU.L vs. WENS.L - Drawdown Comparison
The maximum IMSU.L drawdown since its inception was -28.25%, which is greater than WENS.L's maximum drawdown of -22.49%. Use the drawdown chart below to compare losses from any high point for IMSU.L and WENS.L.
Loading charts...
Drawdown Indicators
| IMSU.L | WENS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.25% | -22.49% | -5.76% |
Max Drawdown (1Y)Largest decline over 1 year | -10.76% | -14.63% | +3.87% |
Max Drawdown (3Y)Largest decline over 3 years | -21.70% | -22.49% | +0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -21.70% | — | — |
Current DrawdownCurrent decline from peak | -3.35% | -7.62% | +4.27% |
Average DrawdownAverage peak-to-trough decline | -5.55% | -9.15% | +3.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 4.54% | -1.32% |
Volatility
IMSU.L vs. WENS.L - Volatility Comparison
The current volatility for iShares S&P 500 Materials Sector UCITS ETF USD (Acc) (IMSU.L) is 4.89%, while iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) has a volatility of 7.96%. This indicates that IMSU.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
| IMSU.L | WENS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.89% | 7.96% | -3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 11.86% | 18.19% | -6.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.68% | 21.33% | -6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.33% | 21.49% | -5.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.46% | 21.49% | -3.03% |
IMSU.L vs. WENS.L - Expense Ratio Comparison
IMSU.L has a 0.15% 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
IMSU.L vs. WENS.L - Dividend Comparison
Neither IMSU.L nor WENS.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IMSU.L iShares S&P 500 Materials Sector UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 0.00% | 0.00% | 1.75% | 3.61% | 1.77% |
Frequently Asked Questions
IMSU.L and WENS.L have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IMSU.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IMSU.L is cheaper with a 0.15% expense ratio, compared with 0.25% for WENS.L.
IMSU.L is categorized as Materials, while WENS.L is Energy Equities. IMSU.L tracks MSCI World/Materials NR USD, while WENS.L tracks MSCI World/Energy NR USD. Their fees differ too: 0.15% for IMSU.L and 0.25% for WENS.L.
Find the right allocation for IMSU.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