NRJL.L vs. WATL.L
Compare and contrast key facts about Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) and Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L).
NRJL.L and WATL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NRJL.L is a passively managed fund by Amundi that tracks the performance of the S&P Global Clean Energy TR USD. It was launched on Oct 10, 2007. WATL.L is a passively managed fund by Amundi that tracks the performance of the S&P Global Water TR. It was launched on Oct 10, 2007. Both NRJL.L and WATL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NRJL.L or WATL.L.
Key characteristics
| NRJL.L | WATL.L | |
|---|---|---|
| YTD Return | -10.86% | 12.02% |
| 1Y Return | 2.54% | 20.16% |
| 3Y Return (Ann) | -18.48% | 3.98% |
| Sharpe Ratio | -0.07 | 1.67 |
| Sortino Ratio | 0.04 | 2.41 |
| Omega Ratio | 1.00 | 1.29 |
| Calmar Ratio | -0.03 | 2.21 |
| Martin Ratio | -0.17 | 4.92 |
| Ulcer Index | 8.05% | 3.74% |
| Daily Std Dev | 19.83% | 11.10% |
| Max Drawdown | -48.33% | -28.96% |
| Current Drawdown | -46.28% | -0.68% |
Correlation
The correlation between NRJL.L and WATL.L is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NRJL.L vs. WATL.L - Performance Comparison
In the year-to-date period, NRJL.L achieves a -10.86% return, which is significantly lower than WATL.L's 12.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NRJL.L vs. WATL.L - Expense Ratio Comparison
Both NRJL.L and WATL.L have an expense ratio of 0.60%.
Risk-Adjusted Performance
NRJL.L vs. WATL.L - Risk-Adjusted Performance 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 MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.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.
Dividends
NRJL.L vs. WATL.L - Dividend Comparison
NRJL.L's dividend yield for the trailing twelve months is around 86.25%, more than WATL.L's 0.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist | 86.25% | 76.88% | 23.99% | 31.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WATL.L Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist | 0.75% | 0.84% | 0.42% | 0.63% | 1.22% | 1.59% | 2.06% | 1.60% | 2.21% | 2.43% | 1.17% | 1.84% |
Drawdowns
NRJL.L vs. WATL.L - Drawdown Comparison
The maximum NRJL.L drawdown since its inception was -48.33%, which is greater than WATL.L's maximum drawdown of -28.96%. Use the drawdown chart below to compare losses from any high point for NRJL.L and WATL.L. For additional features, visit the drawdowns tool.
Volatility
NRJL.L vs. WATL.L - Volatility Comparison
Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) has a higher volatility of 8.33% compared to Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L) at 3.10%. This indicates that NRJL.L's price experiences larger fluctuations and is considered to be riskier than WATL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.