NRJL.L vs. SP5L.L

Last updated Jun 26, 2026

NRJL.L (Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist) and SP5L.L (Lyxor S&P 500 UCITS ETF - Acc) are both exchange-traded funds - NRJL.L is a Energy Equities fund tracking the S&P Global Clean Energy TR USD, while SP5L.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, NRJL.L returned 10.35%/yr vs 13.61%/yr for SP5L.L. A 0.59 correlation means they provide meaningful diversification when combined. NRJL.L charges 0.60%/yr vs 0.07%/yr for SP5L.L.

Performance

NRJL.L vs. SP5L.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) and Lyxor S&P 500 UCITS ETF - Acc (SP5L.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NRJL.L achieves a 37.46% return, which is significantly higher than SP5L.L's 9.53% return. Over the past 10 years, NRJL.L has underperformed SP5L.L with an annualized return of 10.35%, while SP5L.L has yielded a comparatively higher 13.61% annualized return.

NRJL.L

• 1D: -0.17%
• 1M: -1.70%
• YTD: 37.46%
• 6M: 37.08%
• 1Y: 80.61%
• 3Y*: 11.67%
• 5Y*: 3.03%
• 10Y*: 10.35%

SP5L.L

• 1D: -1.07%
• 1M: -0.10%
• YTD: 9.53%
• 6M: 9.69%
• 1Y: 26.05%
• 3Y*: 19.28%
• 5Y*: 14.16%
• 10Y*: 13.61%

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

NRJL.L vs. SP5L.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist	37.46%	35.47%	-11.56%	-22.87%	-8.74%	-5.40%	33.09%	47.31%	-7.75%	15.17%
SP5L.L Lyxor S&P 500 UCITS ETF - Acc	9.53%	9.50%	27.60%	19.99%	-8.84%	31.19%	13.92%	26.93%	1.00%	-5.12%

Correlation

The correlation between NRJL.L and SP5L.L is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Dec 9, 2014	0.59

The correlation between NRJL.L and SP5L.L shifts across timeframes, from 0.50 (3 years) to 0.62 (1 year), reflecting how their relationship changes across market environments.

NRJL.L vs. SP5L.L - Sectors Allocation Comparison

Sectors	NRJL.L	SP5L.L
Utilities	39.8%	2.1%
Industrials	27.3%	7.8%
Basic Materials	14.3%	1.7%
Technology	14.2%	39.0%
Energy	4.1%	3.1%
Consumer Cyclical	0.2%	9.9%
Financial Services	0.0%	11.1%
Communication Services	0.0%	10.6%
Healthcare	0.0%	8.3%
Consumer Defensive	0.0%	4.5%
Real Estate	-	1.8%

Return for Risk

NRJL.L vs. SP5L.L — Risk / Return Rank

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

NRJL.L

NRJL.L Risk / Return Rank: 96
NRJL.L Sharpe Ratio Rank: 97
NRJL.L Sortino Ratio Rank: 95
NRJL.L Omega Ratio Rank: 95
NRJL.L Calmar Ratio Rank: 96
NRJL.L Martin Ratio Rank: 96

SP5L.L

SP5L.L Risk / Return Rank: 81
SP5L.L Sharpe Ratio Rank: 84
SP5L.L Sortino Ratio Rank: 82
SP5L.L Omega Ratio Rank: 84
SP5L.L Calmar Ratio Rank: 79
SP5L.L Martin Ratio Rank: 77

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.

NRJL.L vs. SP5L.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) and Lyxor S&P 500 UCITS ETF - Acc (SP5L.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.

	NRJL.L	SP5L.L	Difference
Sharpe ratio: Return per unit of total volatility	3.84	2.36	+1.47
Sortino ratio: Return per unit of downside risk	4.44	3.19	+1.25
Omega ratio: Gain probability vs. loss probability	1.63	1.44	+0.19
Calmar ratio: Return relative to maximum drawdown	8.08	3.60	+4.48
Martin ratio: Return relative to average drawdown	29.67	12.74	+16.93

NRJL.L vs. SP5L.L - Sharpe Ratio Comparison

The current NRJL.L Sharpe Ratio is 3.84, which is higher than the SP5L.L Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of NRJL.L and SP5L.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NRJL.L vs. SP5L.L - Drawdown Comparison

The maximum NRJL.L drawdown since its inception was -54.56%, which is greater than SP5L.L's maximum drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for NRJL.L and SP5L.L.

Drawdown Indicators

	NRJL.L	SP5L.L	Difference
Max Drawdown Largest peak-to-trough decline	-54.56%	-25.47%	-29.09%
Max Drawdown (1Y) Largest decline over 1 year	-9.93%	-7.20%	-2.73%
Max Drawdown (3Y) Largest decline over 3 years	-39.16%	-21.12%	-18.04%
Max Drawdown (5Y) Largest decline over 5 years	-54.10%	-21.12%	-32.98%
Max Drawdown (10Y) Largest decline over 10 years	-54.56%	-25.47%	-29.09%
Current Drawdown Current decline from peak	-3.92%	-1.54%	-2.38%
Average Drawdown Average peak-to-trough decline	-23.12%	-5.16%	-17.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	2.04%	+0.67%

Volatility

NRJL.L vs. SP5L.L - Volatility Comparison

Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) has a higher volatility of 9.15% compared to Lyxor S&P 500 UCITS ETF - Acc (SP5L.L) at 3.75%. This indicates that NRJL.L's price experiences larger fluctuations and is considered to be riskier than SP5L.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRJL.L	SP5L.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.15%	3.75%	+5.40%
Volatility (6M) Calculated over the trailing 6-month period	17.15%	7.80%	+9.35%
Volatility (1Y) Calculated over the trailing 1-year period	20.91%	10.97%	+9.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.91%	18.80%	+3.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.33%	17.97%	+3.36%

NRJL.L vs. SP5L.L - Expense Ratio Comparison

NRJL.L has a 0.60% expense ratio, which is higher than SP5L.L's 0.07% expense ratio.

Dividends

NRJL.L vs. SP5L.L - Dividend Comparison

NRJL.L's dividend yield for the trailing twelve months is around 0.31%, while SP5L.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist	0.31%	0.42%	0.73%	0.77%	0.24%	0.32%	0.70%	1.02%	0.59%	0.79%
SP5L.L Lyxor S&P 500 UCITS ETF - Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NRJL.L and SP5L.L in my portfolio?

NRJL.L and SP5L.L have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NRJL.L or SP5L.L?

On fees, SP5L.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NRJL.L or SP5L.L?

SP5L.L is cheaper with a 0.07% expense ratio, compared with 0.60% for NRJL.L.

What is the main difference between NRJL.L and SP5L.L?

NRJL.L is categorized as Energy Equities, while SP5L.L is S&P 500. NRJL.L tracks S&P Global Clean Energy TR USD, while SP5L.L tracks S&P 500 Index. Their fees differ too: 0.60% for NRJL.L and 0.07% for SP5L.L.