NRJL.L vs. XSEN.L

Last updated Jun 5, 2026

NRJL.L (Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist) and XSEN.L (Xtrackers MSCI USA Energy UCITS ETF 1D) are both Energy Equities funds - NRJL.L tracks the S&P Global Clean Energy TR USD while XSEN.L tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 5 years, NRJL.L returned 31.39%/yr vs 21.37%/yr for XSEN.L. At a 0.18 correlation, their price movements are largely independent. NRJL.L charges 0.60%/yr vs 0.12%/yr for XSEN.L.

Performance

NRJL.L vs. XSEN.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 Xtrackers MSCI USA Energy UCITS ETF 1D (XSEN.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NRJL.L is traded in GBP, while XSEN.L is traded in GBp. To make them comparable, the XSEN.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, NRJL.L achieves a 36.32% return, which is significantly higher than XSEN.L's 30.06% 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*: —

XSEN.L

• 1D: -0.32%
• 1M: -0.61%
• YTD: 30.06%
• 6M: 28.04%
• 1Y: 45.70%
• 3Y*: 14.11%
• 5Y*: 21.37%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist	36.32%	130.90%	-11.57%	-22.89%	20.78%	36.43%	19.52%
XSEN.L Xtrackers MSCI USA Energy UCITS ETF 1D	30.06%	1.87%	6.67%	-5.89%	82.86%	50.90%	27.35%

Correlation

The correlation between NRJL.L and XSEN.L is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020	0.19

The correlation between NRJL.L and XSEN.L shifts across timeframes, from -0.12 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.

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

Sectors	NRJL.L	XSEN.L
Industrials	46.9%	-
Utilities	31.6%	-
Basic Materials	10.9%	-
Technology	10.4%	-
Consumer Cyclical	0.2%	-
Financial Services	0.0%	-
Communication Services	0.0%	-
Healthcare	0.0%	-
Consumer Defensive	0.0%	-
Energy	0.0%	100.0%
Real Estate	-	-

Return for Risk

NRJL.L vs. XSEN.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: 87
NRJL.L Sortino Ratio Rank: 99
NRJL.L Omega Ratio Rank: 98
NRJL.L Calmar Ratio Rank: 99
NRJL.L Martin Ratio Rank: 98

XSEN.L

XSEN.L Risk / Return Rank: 54
XSEN.L Sharpe Ratio Rank: 58
XSEN.L Sortino Ratio Rank: 49
XSEN.L Omega Ratio Rank: 56
XSEN.L Calmar Ratio Rank: 56
XSEN.L Martin Ratio Rank: 51

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. XSEN.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 Xtrackers MSCI USA Energy UCITS ETF 1D (XSEN.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	XSEN.L	Difference
Sharpe ratio: Return per unit of total volatility	2.85	1.92	+0.93
Sortino ratio: Return per unit of downside risk	10.58	2.37	+8.21
Omega ratio: Gain probability vs. loss probability	2.46	1.34	+1.12
Calmar ratio: Return relative to maximum drawdown	23.97	2.75	+21.22
Martin ratio: Return relative to average drawdown	85.38	8.57	+76.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current NRJL.L Sharpe Ratio is 2.85, which is higher than the XSEN.L Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of NRJL.L and XSEN.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.

Sharpe Ratios by Period

	NRJL.L	XSEN.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.85	1.92	+0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.82	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.34	+0.33

Drawdowns

NRJL.L vs. XSEN.L - Drawdown Comparison

The maximum NRJL.L drawdown since its inception was -51.06%, smaller than the maximum XSEN.L drawdown of -62.46%. Use the drawdown chart below to compare losses from any high point for NRJL.L and XSEN.L.

Drawdown Indicators

	NRJL.L	XSEN.L	Difference
Max Drawdown Largest peak-to-trough decline	-51.06%	-62.46%	+11.40%
Max Drawdown (1Y) Largest decline over 1 year	-8.51%	-16.55%	+8.04%
Max Drawdown (3Y) Largest decline over 3 years	-40.78%	-23.22%	-17.56%
Max Drawdown (5Y) Largest decline over 5 years	-51.06%	-24.04%	-27.02%
Current Drawdown Current decline from peak	-2.51%	-9.31%	+6.80%
Average Drawdown Average peak-to-trough decline	-22.13%	-17.79%	-4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	5.32%	-2.93%

Volatility

NRJL.L vs. XSEN.L - Volatility Comparison

The current volatility for Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) is 7.66%, while Xtrackers MSCI USA Energy UCITS ETF 1D (XSEN.L) has a volatility of 9.04%. This indicates that NRJL.L experiences smaller price fluctuations and is considered to be less risky than XSEN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRJL.L	XSEN.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.66%	9.04%	-1.38%
Volatility (6M) Calculated over the trailing 6-month period	54.66%	20.50%	+34.16%
Volatility (1Y) Calculated over the trailing 1-year period	71.66%	23.79%	+47.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.42%	26.01%	+19.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.84%	29.43%	+14.41%

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

NRJL.L has a 0.60% expense ratio, which is higher than XSEN.L's 0.12% expense ratio.

Dividends

NRJL.L vs. XSEN.L - Dividend Comparison

NRJL.L's dividend yield for the trailing twelve months is around 30.86%, more than XSEN.L's 2.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist	30.86%	42.07%	0.73%	0.77%	23.99%	31.56%	0.00%	0.00%
XSEN.L Xtrackers MSCI USA Energy UCITS ETF 1D	2.08%	2.70%	2.70%	3.24%	3.69%	3.27%	7.11%	2.78%

Frequently Asked Questions

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

NRJL.L and XSEN.L have a correlation of -0.12, 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 XSEN.L?

On fees, XSEN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

XSEN.L is cheaper with a 0.12% expense ratio, compared with 0.60% for NRJL.L.

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

NRJL.L tracks S&P Global Clean Energy TR USD, while XSEN.L tracks MSCI World/Energy NR USD. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.60% for NRJL.L and 0.12% for XSEN.L.