IUES.L vs. WDEE.L
IUES.L (iShares S&P 500 Energy Sector UCITS ETF USD (Acc)) and WDEE.L (Invesco S&P World Energy Targeted & Screened UCITS ETF Acc) are both Energy Equities funds - IUES.L tracks the MSCI World/Energy NR USD while WDEE.L tracks the S&P World Energy Targeted & Screened Index. Both are passively managed. Over the past 3 years, IUES.L returned 16.84%/yr vs 18.95%/yr for WDEE.L. Their correlation of 0.92 suggests significant overlap in exposure. IUES.L charges 0.15%/yr vs 0.18%/yr for WDEE.L.
Performance
IUES.L vs. WDEE.L - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with IUES.L having a 30.45% return and WDEE.L slightly lower at 29.98%.
IUES.L
- 1D
- -0.36%
- 1M
- -1.09%
- YTD
- 30.45%
- 6M
- 29.22%
- 1Y
- 46.28%
- 3Y*
- 16.84%
- 5Y*
- 20.33%
- 10Y*
- 9.21%
WDEE.L
- 1D
- -0.74%
- 1M
- -2.06%
- YTD
- 29.98%
- 6M
- 27.20%
- 1Y
- 39.55%
- 3Y*
- 18.95%
- 5Y*
- —
- 10Y*
- —
IUES.L vs. WDEE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IUES.L iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 30.45% | 9.82% | 3.87% | -1.28% |
WDEE.L Invesco S&P World Energy Targeted & Screened UCITS ETF Acc | 29.98% | 9.01% | 4.02% | 7.64% |
Correlation
The correlation between IUES.L and WDEE.L is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.92 |
The correlation between IUES.L and WDEE.L has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
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
IUES.L vs. WDEE.L — Risk / Return Rank
IUES.L
WDEE.L
IUES.L vs. WDEE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) and Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.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.
| IUES.L | WDEE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.36 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 4.08 | -0.90 |
| Martin ratioReturn relative to average drawdown | 9.97 | 12.10 | -2.14 |
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
| IUES.L | WDEE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 2.12 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.83 | -0.52 |
Drawdowns
IUES.L vs. WDEE.L - Drawdown Comparison
The maximum IUES.L drawdown since its inception was -66.78%, which is greater than WDEE.L's maximum drawdown of -18.54%. Use the drawdown chart below to compare losses from any high point for IUES.L and WDEE.L.
Loading charts...
Drawdown Indicators
| IUES.L | WDEE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.78% | -18.54% | -48.24% |
Max Drawdown (1Y)Largest decline over 1 year | -14.49% | -9.64% | -4.85% |
Max Drawdown (3Y)Largest decline over 3 years | -20.90% | -18.54% | -2.36% |
Max Drawdown (5Y)Largest decline over 5 years | -27.98% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.78% | — | — |
Current DrawdownCurrent decline from peak | -7.45% | -3.78% | -3.67% |
Average DrawdownAverage peak-to-trough decline | -14.21% | -3.85% | -10.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.63% | 3.26% | +1.37% |
Volatility
IUES.L vs. WDEE.L - Volatility Comparison
iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) has a higher volatility of 8.13% compared to Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.L) at 6.83%. This indicates that IUES.L's price experiences larger fluctuations and is considered to be riskier than WDEE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUES.L | WDEE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.13% | 6.83% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 18.58% | 15.31% | +3.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.81% | 18.58% | +3.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.72% | 19.10% | +7.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.49% | 19.10% | +9.39% |
IUES.L vs. WDEE.L - Expense Ratio Comparison
IUES.L has a 0.15% expense ratio, which is lower than WDEE.L's 0.18% 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
IUES.L vs. WDEE.L - Dividend Comparison
Neither IUES.L nor WDEE.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, IUES.L and WDEE.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, IUES.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUES.L is cheaper with a 0.15% expense ratio, compared with 0.18% for WDEE.L.
IUES.L tracks MSCI World/Energy NR USD, while WDEE.L tracks S&P World Energy Targeted & Screened Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.15% for IUES.L and 0.18% for WDEE.L.
Find the right allocation for IUES.L and WDEE.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