NRJL.L vs. WENS.L
NRJL.L (Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist) and WENS.L (iShares MSCI World Energy Sector UCITS ETF USD (Dist)) are both Energy Equities funds - NRJL.L tracks the S&P Global Clean Energy TR USD while WENS.L tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, NRJL.L returned 29.93%/yr vs 13.87%/yr for WENS.L. At a 0.22 correlation, their price movements are largely independent. NRJL.L charges 0.60%/yr vs 0.25%/yr for WENS.L.
Performance
NRJL.L vs. WENS.L - Performance Comparison
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Returns By Period
In the year-to-date period, NRJL.L achieves a 36.32% return, which is significantly higher than WENS.L's 31.38% return.
NRJL.L
- 1D
- -2.12%
- 1M
- 1.03%
- YTD
- 36.32%
- 6M
- 130.93%
- 1Y
- 206.01%
- 3Y*
- 29.93%
- 5Y*
- 31.39%
- 10Y*
- —
WENS.L
- 1D
- -0.43%
- 1M
- 3.54%
- YTD
- 31.38%
- 6M
- 26.25%
- 1Y
- 44.78%
- 3Y*
- 13.87%
- 5Y*
- —
- 10Y*
- —
NRJL.L vs. WENS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist | 36.32% | 130.90% | -11.57% | -22.89% | 35.41% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 31.38% | 3.24% | 2.09% | -2.00% | 17.73% |
Correlation
The correlation between NRJL.L and WENS.L is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2022 | 0.22 |
The correlation between NRJL.L and WENS.L shifts across timeframes, from -0.07 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NRJL.L vs. WENS.L — Risk / Return Rank
NRJL.L
WENS.L
NRJL.L vs. WENS.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 iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.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.
| NRJL.L | WENS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +8.04 | ||
| Omega ratioGain probability vs. loss probability | 2.46 | 1.37 | +1.09 |
| Calmar ratioReturn relative to maximum drawdown | 23.97 | 2.99 | +20.98 |
| Martin ratioReturn relative to average drawdown | 85.38 | 9.66 | +75.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NRJL.L | WENS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.85 | 2.06 | +0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.59 | +0.08 |
Drawdowns
NRJL.L vs. WENS.L - Drawdown Comparison
The maximum NRJL.L drawdown since its inception was -51.06%, which is greater than WENS.L's maximum drawdown of -22.49%. Use the drawdown chart below to compare losses from any high point for NRJL.L and WENS.L.
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Drawdown Indicators
| NRJL.L | WENS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.06% | -22.49% | -28.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.51% | -14.63% | +6.12% |
Max Drawdown (3Y)Largest decline over 3 years | -40.78% | -22.49% | -18.29% |
Max Drawdown (5Y)Largest decline over 5 years | -51.06% | — | — |
Current DrawdownCurrent decline from peak | -2.51% | -7.62% | +5.11% |
Average DrawdownAverage peak-to-trough decline | -22.13% | -9.15% | -12.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 4.54% | -2.15% |
Volatility
NRJL.L vs. WENS.L - Volatility Comparison
Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) and iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) have volatilities of 7.66% and 7.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRJL.L | WENS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.66% | 7.96% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 54.66% | 18.19% | +36.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.66% | 21.33% | +50.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.42% | 21.49% | +23.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.84% | 21.49% | +22.35% |
NRJL.L vs. WENS.L - Expense Ratio Comparison
NRJL.L has a 0.60% expense ratio, which is higher than WENS.L's 0.25% expense ratio.
Dividends
NRJL.L vs. WENS.L - Dividend Comparison
NRJL.L's dividend yield for the trailing twelve months is around 30.86%, while WENS.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist | 30.86% | 42.07% | 0.73% | 0.77% | 23.99% | 31.56% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 0.00% | 0.00% | 1.75% | 3.61% | 1.77% | 0.00% |
Frequently Asked Questions
NRJL.L and WENS.L have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WENS.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WENS.L is cheaper with a 0.25% expense ratio, compared with 0.60% for NRJL.L.
NRJL.L tracks S&P Global Clean Energy TR USD, while WENS.L tracks MSCI World/Energy NR USD. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.60% for NRJL.L and 0.25% for WENS.L.
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