URNU.L vs. WENS.L
Compare and contrast key facts about Global X Uranium UCITS ETF USD Acc (URNU.L) and iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L).
URNU.L and WENS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URNU.L is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components Total Return v2 Index. It was launched on Apr 22, 2022. WENS.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Energy NR USD. It was launched on Oct 17, 2019. Both URNU.L and WENS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URNU.L or WENS.L.
Key characteristics
| URNU.L | WENS.L | |
|---|---|---|
| YTD Return | 15.17% | 6.32% |
| 1Y Return | 24.48% | 2.91% |
| Sharpe Ratio | 0.74 | 0.15 |
| Sortino Ratio | 1.28 | 0.32 |
| Omega Ratio | 1.15 | 1.04 |
| Calmar Ratio | 0.82 | 0.13 |
| Martin Ratio | 2.09 | 0.31 |
| Ulcer Index | 12.77% | 8.26% |
| Daily Std Dev | 36.30% | 16.79% |
| Max Drawdown | -32.40% | -23.13% |
| Current Drawdown | -6.44% | -10.86% |
Correlation
The correlation between URNU.L and WENS.L is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
URNU.L vs. WENS.L - Performance Comparison
In the year-to-date period, URNU.L achieves a 15.17% return, which is significantly higher than WENS.L's 6.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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URNU.L vs. WENS.L - Expense Ratio Comparison
URNU.L has a 0.65% expense ratio, which is higher than WENS.L's 0.25% expense ratio.
Risk-Adjusted Performance
URNU.L vs. WENS.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Uranium UCITS ETF USD Acc (URNU.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.
Dividends
URNU.L vs. WENS.L - Dividend Comparison
URNU.L has not paid dividends to shareholders, while WENS.L's dividend yield for the trailing twelve months is around 3.28%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
URNU.L Global X Uranium UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 3.28% | 3.61% | 1.77% |
Drawdowns
URNU.L vs. WENS.L - Drawdown Comparison
The maximum URNU.L drawdown since its inception was -32.40%, which is greater than WENS.L's maximum drawdown of -23.13%. Use the drawdown chart below to compare losses from any high point for URNU.L and WENS.L. For additional features, visit the drawdowns tool.
Volatility
URNU.L vs. WENS.L - Volatility Comparison
Global X Uranium UCITS ETF USD Acc (URNU.L) has a higher volatility of 11.22% compared to iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) at 4.32%. This indicates that URNU.L's price experiences larger fluctuations and is considered to be riskier than WENS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.