S0LR.DE vs. FWIA.DE
S0LR.DE (Invesco Solar Energy UCITS ETF Acc) and FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) are both exchange-traded funds - S0LR.DE is a Energy Equities fund tracking the MAC Global Solar Energy, while FWIA.DE is a Global Equities fund tracking the FTSE All-World. Both are passively managed. Over the past year, S0LR.DE returned 102.95% vs 26.57% for FWIA.DE. At a 0.44 correlation, their price movements are largely independent. S0LR.DE charges 0.69%/yr vs 0.15%/yr for FWIA.DE.
Performance
S0LR.DE vs. FWIA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, S0LR.DE achieves a 39.14% return, which is significantly higher than FWIA.DE's 12.60% return.
S0LR.DE
- 1D
- -2.10%
- 1M
- 15.39%
- YTD
- 39.14%
- 6M
- 44.58%
- 1Y
- 102.95%
- 3Y*
- -3.99%
- 5Y*
- —
- 10Y*
- —
FWIA.DE
- 1D
- -0.22%
- 1M
- 4.98%
- YTD
- 12.60%
- 6M
- 13.33%
- 1Y
- 26.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
S0LR.DE vs. FWIA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 39.14% | 31.50% | -33.95% | -22.26% |
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 12.60% | 9.02% | 24.70% | 7.73% |
Correlation
The correlation between S0LR.DE and FWIA.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023 | 0.44 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
S0LR.DE vs. FWIA.DE — Risk / Return Rank
S0LR.DE
FWIA.DE
S0LR.DE vs. FWIA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Solar Energy UCITS ETF Acc (S0LR.DE) and Invesco FTSE All-World UCITS ETF Acc (FWIA.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.
| S0LR.DE | FWIA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.44 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 8.71 | 4.08 | +4.64 |
| Martin ratioReturn relative to average drawdown | 21.79 | 16.52 | +5.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| S0LR.DE | FWIA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.02 | 2.36 | +0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | 1.40 | -1.52 |
Drawdowns
S0LR.DE vs. FWIA.DE - Drawdown Comparison
The maximum S0LR.DE drawdown since its inception was -73.43%, which is greater than FWIA.DE's maximum drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for S0LR.DE and FWIA.DE.
Loading charts...
Drawdown Indicators
| S0LR.DE | FWIA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.43% | -20.96% | -52.47% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -6.49% | -5.26% |
Max Drawdown (3Y)Largest decline over 3 years | -65.01% | — | — |
Current DrawdownCurrent decline from peak | -32.82% | -0.62% | -32.20% |
Average DrawdownAverage peak-to-trough decline | -39.70% | -2.44% | -37.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 1.60% | +3.11% |
Volatility
S0LR.DE vs. FWIA.DE - Volatility Comparison
Invesco Solar Energy UCITS ETF Acc (S0LR.DE) has a higher volatility of 12.56% compared to Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) at 2.96%. This indicates that S0LR.DE's price experiences larger fluctuations and is considered to be riskier than FWIA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| S0LR.DE | FWIA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.56% | 2.96% | +9.60% |
Volatility (6M)Calculated over the trailing 6-month period | 23.50% | 8.09% | +15.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.92% | 11.22% | +22.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.23% | 13.18% | +23.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.23% | 13.18% | +23.05% |
S0LR.DE vs. FWIA.DE - Expense Ratio Comparison
S0LR.DE has a 0.69% expense ratio, which is higher than FWIA.DE's 0.15% expense ratio.
Dividends
S0LR.DE vs. FWIA.DE - Dividend Comparison
Neither S0LR.DE nor FWIA.DE has paid dividends to shareholders.
Frequently Asked Questions
S0LR.DE and FWIA.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWIA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWIA.DE is cheaper with a 0.15% expense ratio, compared with 0.69% for S0LR.DE.
S0LR.DE is categorized as Energy Equities, while FWIA.DE is Global Equities. S0LR.DE tracks MAC Global Solar Energy, while FWIA.DE tracks FTSE All-World. Their fees differ too: 0.69% for S0LR.DE and 0.15% for FWIA.DE.
Find the right allocation for S0LR.DE and FWIA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer