NRJL.L vs. XSLE.DE
NRJL.L (Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist) and XSLE.DE (Xtrackers IE Physical Silver (EUR Hedged) ETC Securities) are both exchange-traded funds - NRJL.L is a Energy Equities fund tracking the S&P Global Clean Energy TR USD, while XSLE.DE is a Silver fund tracking the LBMA Silver Price (EUR Hedged). Both are passively managed. Over the past 5 years, NRJL.L returned 2.89%/yr vs 12.89%/yr for XSLE.DE. At a 0.26 correlation, their price movements are largely independent. NRJL.L charges 0.60%/yr vs 0.73%/yr for XSLE.DE.
Performance
NRJL.L vs. XSLE.DE - Performance Comparison
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Different Trading Currencies
NRJL.L is traded in GBP, while XSLE.DE is traded in EUR. To make them comparable, the XSLE.DE 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 38.38% return, which is significantly higher than XSLE.DE's -27.13% return.
NRJL.L
- 1D
- 2.18%
- 1M
- -0.27%
- YTD
- 38.38%
- 6M
- 37.58%
- 1Y
- 79.01%
- 3Y*
- 11.14%
- 5Y*
- 2.89%
- 10Y*
- 9.77%
XSLE.DE
- 1D
- 0.00%
- 1M
- -24.53%
- YTD
- -27.13%
- 6M
- -27.13%
- 1Y
- 53.82%
- 3Y*
- 31.40%
- 5Y*
- 12.89%
- 10Y*
- —
NRJL.L vs. XSLE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist | 38.38% | 35.47% | -11.56% | -22.87% | -8.74% | -5.40% | 40.79% |
XSLE.DE Xtrackers IE Physical Silver (EUR Hedged) ETC Securities | -27.13% | 162.25% | 14.91% | -6.76% | 5.78% | -21.27% | 69.61% |
Correlation
The correlation between NRJL.L and XSLE.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 14, 2020 | 0.26 |
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Return for Risk
NRJL.L vs. XSLE.DE — Risk / Return Rank
NRJL.L
XSLE.DE
NRJL.L vs. XSLE.DE - 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 IE Physical Silver (EUR Hedged) ETC Securities (XSLE.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.
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 | XSLE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.81 | ||
| Sortino ratioReturn per unit of downside risk | +2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.21 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 7.92 | 1.06 | +6.86 |
| Martin ratioReturn relative to average drawdown | 28.54 | 2.38 | +26.17 |
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Drawdowns
NRJL.L vs. XSLE.DE - Drawdown Comparison
The maximum NRJL.L drawdown since its inception was -54.56%, which is greater than XSLE.DE's maximum drawdown of -50.63%. Use the drawdown chart below to compare losses from any high point for NRJL.L and XSLE.DE.
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Drawdown Indicators
| NRJL.L | XSLE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.56% | -50.63% | -3.93% |
Max Drawdown (1Y)Largest decline over 1 year | -9.93% | -50.63% | +40.70% |
Max Drawdown (3Y)Largest decline over 3 years | -39.16% | -50.63% | +11.47% |
Max Drawdown (5Y)Largest decline over 5 years | -54.10% | -50.63% | -3.47% |
Max Drawdown (10Y)Largest decline over 10 years | -54.56% | — | — |
Current DrawdownCurrent decline from peak | -3.27% | -50.63% | +47.36% |
Average DrawdownAverage peak-to-trough decline | -23.11% | -21.00% | -2.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 22.58% | -19.82% |
Volatility
NRJL.L vs. XSLE.DE - Volatility Comparison
The current volatility for Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) is 9.59%, while Xtrackers IE Physical Silver (EUR Hedged) ETC Securities (XSLE.DE) has a volatility of 15.37%. This indicates that NRJL.L experiences smaller price fluctuations and is considered to be less risky than XSLE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRJL.L | XSLE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.59% | 15.37% | -5.78% |
Volatility (6M)Calculated over the trailing 6-month period | 17.37% | 54.86% | -37.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.06% | 58.26% | -37.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.92% | 35.60% | -13.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.32% | 35.59% | -14.27% |
NRJL.L vs. XSLE.DE - Expense Ratio Comparison
NRJL.L has a 0.60% expense ratio, which is lower than XSLE.DE's 0.73% expense ratio.
Dividends
NRJL.L vs. XSLE.DE - Dividend Comparison
NRJL.L's dividend yield for the trailing twelve months is around 0.30%, while XSLE.DE 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 | 0.30% | 0.42% | 0.73% | 0.77% | 0.24% | 0.32% | 0.70% | 1.02% | 0.59% | 0.79% |
XSLE.DE Xtrackers IE Physical Silver (EUR Hedged) ETC Securities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NRJL.L and XSLE.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NRJL.L is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NRJL.L is cheaper with a 0.60% expense ratio, compared with 0.73% for XSLE.DE.
NRJL.L is categorized as Energy Equities, while XSLE.DE is Silver. NRJL.L tracks S&P Global Clean Energy TR USD, while XSLE.DE tracks LBMA Silver Price (EUR Hedged). They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.60% for NRJL.L and 0.73% for XSLE.DE.
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