IOGP.L vs. ANRJ.L
IOGP.L (iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc)) and ANRJ.L (Amundi ETF MSCI Europe Energy UCITS ETF) are both Energy Equities funds - IOGP.L tracks the S&P Commodity Producers Oil & Gas Exploration & Production Index while ANRJ.L tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 10 years, IOGP.L returned 6.62%/yr vs 13.81%/yr for ANRJ.L. A 0.66 correlation means they provide meaningful diversification when combined. IOGP.L charges 0.55%/yr vs 0.25%/yr for ANRJ.L.
Performance
IOGP.L vs. ANRJ.L - Performance Comparison
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Different Trading Currencies
IOGP.L is traded in USD, while ANRJ.L is traded in GBp. To make them comparable, the ANRJ.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IOGP.L achieves a 20.93% return, which is significantly higher than ANRJ.L's 17.58% return. Over the past 10 years, IOGP.L has underperformed ANRJ.L with an annualized return of 6.62%, while ANRJ.L has yielded a comparatively higher 13.81% annualized return.
IOGP.L
- 1D
- 0.74%
- 1M
- 2.20%
- 6M
- 20.88%
- YTD
- 20.93%
- 1Y
- 26.42%
- 3Y*
- 9.43%
- 5Y*
- 16.91%
- 10Y*
- 6.62%
ANRJ.L
- 1D
- -0.43%
- 1M
- -4.86%
- 6M
- 7.20%
- YTD
- 17.58%
- 1Y
- 43.84%
- 3Y*
- 30.99%
- 5Y*
- 27.56%
- 10Y*
- 13.81%
IOGP.L vs. ANRJ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IOGP.L iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc) | 20.93% | 6.27% | -0.86% | 2.69% | 37.85% | 67.31% | -31.65% | 8.07% | -20.89% | -4.74% |
ANRJ.L Amundi ETF MSCI Europe Energy UCITS ETF | 17.58% | 54.07% | 8.84% | 15.58% | 29.26% | 25.37% | -25.74% | 7.81% | -5.09% | 20.02% |
Correlation
The correlation between IOGP.L and ANRJ.L is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2011 | 0.66 |
Over the past year, the correlation between IOGP.L and ANRJ.L has dropped to 0.02 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.
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Return for Risk
IOGP.L vs. ANRJ.L — Risk / Return Rank
IOGP.L
ANRJ.L
IOGP.L vs. ANRJ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc) (IOGP.L) and Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.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.
| IOGP.L | ANRJ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.34 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 3.67 | -2.32 |
| Martin ratioReturn relative to average drawdown | 3.54 | 10.02 | -6.48 |
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Drawdowns
IOGP.L vs. ANRJ.L - Drawdown Comparison
The maximum IOGP.L drawdown since its inception was -83.55%, which is greater than ANRJ.L's maximum drawdown of -61.99%. Use the drawdown chart below to compare losses from any high point for IOGP.L and ANRJ.L.
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Drawdown Indicators
| IOGP.L | ANRJ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.55% | -61.99% | -21.56% |
Max Drawdown (1Y)Largest decline over 1 year | -19.49% | -11.91% | -7.58% |
Max Drawdown (3Y)Largest decline over 3 years | -27.14% | -15.08% | -12.06% |
Max Drawdown (5Y)Largest decline over 5 years | -32.42% | -24.35% | -8.07% |
Max Drawdown (10Y)Largest decline over 10 years | -74.36% | -61.99% | -12.37% |
Current DrawdownCurrent decline from peak | -13.83% | -11.91% | -1.92% |
Average DrawdownAverage peak-to-trough decline | -33.69% | -16.67% | -17.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.45% | 4.37% | +3.08% |
Volatility
IOGP.L vs. ANRJ.L - Volatility Comparison
iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc) (IOGP.L) has a higher volatility of 6.52% compared to Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.L) at 5.65%. This indicates that IOGP.L's price experiences larger fluctuations and is considered to be riskier than ANRJ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IOGP.L | ANRJ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.52% | 5.65% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 21.24% | 15.52% | +5.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.30% | 20.60% | +4.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.30% | 23.87% | +6.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.70% | 26.28% | +6.42% |
IOGP.L vs. ANRJ.L - Expense Ratio Comparison
IOGP.L has a 0.55% expense ratio, which is higher than ANRJ.L's 0.25% expense ratio.
Dividends
IOGP.L vs. ANRJ.L - Dividend Comparison
Neither IOGP.L nor ANRJ.L has paid dividends to shareholders.
Frequently Asked Questions
IOGP.L and ANRJ.L have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ANRJ.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ANRJ.L is cheaper with a 0.25% expense ratio, compared with 0.55% for IOGP.L.
IOGP.L tracks S&P Commodity Producers Oil & Gas Exploration & Production Index, while ANRJ.L tracks MSCI World/Energy NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.55% for IOGP.L and 0.25% for ANRJ.L.
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