S0LR.DE vs. WNDY.DE
S0LR.DE (Invesco Solar Energy UCITS ETF Acc) and WNDY.DE (Global X Wind Energy UCITS ETF USD Accumulating) are both Energy Equities funds - S0LR.DE tracks the MAC Global Solar Energy while WNDY.DE tracks the Solactive Wind Energy. Both are passively managed. Over the past 3 years, S0LR.DE returned -3.99%/yr vs -0.54%/yr for WNDY.DE. A 0.56 correlation means they provide meaningful diversification when combined. S0LR.DE charges 0.69%/yr vs 0.50%/yr for WNDY.DE.
Performance
S0LR.DE vs. WNDY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, S0LR.DE achieves a 39.14% return, which is significantly higher than WNDY.DE's 17.83% return.
S0LR.DE
- 1D
- -2.10%
- 1M
- 15.39%
- YTD
- 39.14%
- 6M
- 44.58%
- 1Y
- 102.95%
- 3Y*
- -3.99%
- 5Y*
- —
- 10Y*
- —
WNDY.DE
- 1D
- -2.17%
- 1M
- -7.34%
- YTD
- 17.83%
- 6M
- 18.89%
- 1Y
- 39.65%
- 3Y*
- -0.54%
- 5Y*
- —
- 10Y*
- —
S0LR.DE vs. WNDY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 39.14% | 31.50% | -33.95% | -27.80% | 16.49% |
WNDY.DE Global X Wind Energy UCITS ETF USD Accumulating | 17.83% | 17.05% | -14.98% | -22.01% | -8.38% |
Correlation
The correlation between S0LR.DE and WNDY.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022 | 0.56 |
The correlation between S0LR.DE and WNDY.DE shifts across timeframes, from 0.45 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
S0LR.DE vs. WNDY.DE — Risk / Return Rank
S0LR.DE
WNDY.DE
S0LR.DE vs. WNDY.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 Global X Wind Energy UCITS ETF USD Accumulating (WNDY.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 | WNDY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.34 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 8.71 | 4.67 | +4.05 |
| Martin ratioReturn relative to average drawdown | 21.79 | 14.81 | +6.98 |
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
| S0LR.DE | WNDY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.02 | 1.96 | +1.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.12 | -0.19 | +0.07 |
Drawdowns
S0LR.DE vs. WNDY.DE - Drawdown Comparison
The maximum S0LR.DE drawdown since its inception was -73.43%, which is greater than WNDY.DE's maximum drawdown of -52.12%. Use the drawdown chart below to compare losses from any high point for S0LR.DE and WNDY.DE.
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Drawdown Indicators
| S0LR.DE | WNDY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.43% | -52.12% | -21.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -8.45% | -3.30% |
Max Drawdown (3Y)Largest decline over 3 years | -65.01% | -38.56% | -26.45% |
Current DrawdownCurrent decline from peak | -32.82% | -23.24% | -9.58% |
Average DrawdownAverage peak-to-trough decline | -39.70% | -30.02% | -9.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 2.67% | +2.04% |
Volatility
S0LR.DE vs. WNDY.DE - Volatility Comparison
Invesco Solar Energy UCITS ETF Acc (S0LR.DE) has a higher volatility of 12.56% compared to Global X Wind Energy UCITS ETF USD Accumulating (WNDY.DE) at 5.39%. This indicates that S0LR.DE's price experiences larger fluctuations and is considered to be riskier than WNDY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| S0LR.DE | WNDY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.56% | 5.39% | +7.17% |
Volatility (6M)Calculated over the trailing 6-month period | 23.50% | 14.34% | +9.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.92% | 20.15% | +13.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.23% | 21.04% | +15.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.23% | 21.04% | +15.19% |
S0LR.DE vs. WNDY.DE - Expense Ratio Comparison
S0LR.DE has a 0.69% expense ratio, which is higher than WNDY.DE's 0.50% expense ratio.
Dividends
S0LR.DE vs. WNDY.DE - Dividend Comparison
Neither S0LR.DE nor WNDY.DE has paid dividends to shareholders.
Frequently Asked Questions
S0LR.DE and WNDY.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WNDY.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WNDY.DE is cheaper with a 0.50% expense ratio, compared with 0.69% for S0LR.DE.
S0LR.DE tracks MAC Global Solar Energy, while WNDY.DE tracks Solactive Wind Energy. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.69% for S0LR.DE and 0.50% for WNDY.DE.
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