JMLP.DE vs. WDEE.DE

Last updated Jun 5, 2026

JMLP.DE (HANetf Alerian Midstream Energy Dividend UCITS ETF) and WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) are both Energy Equities funds - JMLP.DE tracks the Alerian Midstream Energy Dividend while WDEE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. Both are passively managed. Over the past 3 years, JMLP.DE returned 24.31%/yr vs 16.13%/yr for WDEE.DE. A 0.77 correlation means they provide meaningful diversification when combined. JMLP.DE charges 0.40%/yr vs 0.18%/yr for WDEE.DE.

Performance

JMLP.DE vs. WDEE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) and Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JMLP.DE achieves a 27.39% return, which is significantly lower than WDEE.DE's 33.31% return.

JMLP.DE

• 1D: -1.02%
• 1M: 3.28%
• YTD: 27.39%
• 6M: 23.64%
• 1Y: 25.58%
• 3Y*: 24.31%
• 5Y*: 23.96%
• 10Y*: —

WDEE.DE

• 1D: 2.19%
• 1M: 3.35%
• YTD: 33.31%
• 6M: 28.18%
• 1Y: 39.15%
• 3Y*: 16.13%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JMLP.DE vs. WDEE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF	27.39%	-5.93%	44.53%	12.23%
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc	33.31%	-2.96%	9.29%	6.37%

Correlation

The correlation between JMLP.DE and WDEE.DE is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023	0.77

The correlation between JMLP.DE and WDEE.DE has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

Return for Risk

JMLP.DE vs. WDEE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JMLP.DE

JMLP.DE Risk / Return Rank: 38
JMLP.DE Sharpe Ratio Rank: 37
JMLP.DE Sortino Ratio Rank: 35
JMLP.DE Omega Ratio Rank: 33
JMLP.DE Calmar Ratio Rank: 46
JMLP.DE Martin Ratio Rank: 39

WDEE.DE

WDEE.DE Risk / Return Rank: 53
WDEE.DE Sharpe Ratio Rank: 52
WDEE.DE Sortino Ratio Rank: 48
WDEE.DE Omega Ratio Rank: 50
WDEE.DE Calmar Ratio Rank: 60
WDEE.DE Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JMLP.DE vs. WDEE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) and Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE). 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.

	JMLP.DE	WDEE.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.75	-0.45
Sortino ratio: Return per unit of downside risk	1.81	2.29	-0.48
Omega ratio: Gain probability vs. loss probability	1.22	1.31	-0.09
Calmar ratio: Return relative to maximum drawdown	2.22	2.94	-0.72
Martin ratio: Return relative to average drawdown	6.04	9.51	-3.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JMLP.DE vs. WDEE.DE - Sharpe Ratio Comparison

The current JMLP.DE Sharpe Ratio is 1.30, which is comparable to the WDEE.DE Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of JMLP.DE and WDEE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JMLP.DE	WDEE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	1.75	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	0.69	+0.65

Drawdowns

JMLP.DE vs. WDEE.DE - Drawdown Comparison

The maximum JMLP.DE drawdown since its inception was -22.29%, smaller than the maximum WDEE.DE drawdown of -23.77%. Use the drawdown chart below to compare losses from any high point for JMLP.DE and WDEE.DE.

Drawdown Indicators

	JMLP.DE	WDEE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.29%	-23.77%	+1.48%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-12.42%	+1.40%
Max Drawdown (3Y) Largest decline over 3 years	-22.29%	-23.77%	+1.48%
Max Drawdown (5Y) Largest decline over 5 years	-22.29%	—	—
Current Drawdown Current decline from peak	-5.15%	-4.37%	-0.78%
Average Drawdown Average peak-to-trough decline	-5.87%	-7.19%	+1.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.05%	3.85%	+0.20%

Volatility

JMLP.DE vs. WDEE.DE - Volatility Comparison

The current volatility for HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) is 6.65%, while Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) has a volatility of 7.54%. This indicates that JMLP.DE experiences smaller price fluctuations and is considered to be less risky than WDEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JMLP.DE	WDEE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.65%	7.54%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	15.30%	17.53%	-2.23%
Volatility (1Y) Calculated over the trailing 1-year period	18.80%	20.89%	-2.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	19.94%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.66%	19.94%	+1.72%

JMLP.DE vs. WDEE.DE - Expense Ratio Comparison

JMLP.DE has a 0.40% expense ratio, which is higher than WDEE.DE's 0.18% expense ratio.

Dividends

JMLP.DE vs. WDEE.DE - Dividend Comparison

JMLP.DE's dividend yield for the trailing twelve months is around 2.77%, while WDEE.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF	2.77%	3.38%	5.41%	11.39%	11.27%	14.07%	8.95%
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JMLP.DE and WDEE.DE in my portfolio?

JMLP.DE and WDEE.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JMLP.DE or WDEE.DE?

On fees, WDEE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JMLP.DE or WDEE.DE?

WDEE.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for JMLP.DE.

What is the main difference between JMLP.DE and WDEE.DE?

JMLP.DE tracks Alerian Midstream Energy Dividend, while WDEE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. They also come from different issuers: HANetf and Invesco. Their fees differ too: 0.40% for JMLP.DE and 0.18% for WDEE.DE.