WATL.L vs. ^GSPC

Last updated Apr 3, 2026

Compare and contrast key facts about Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L) and S&P 500 Index (^GSPC).

WATL.L is a passively managed fund by Amundi that tracks the performance of the S&P Global Water TR. It was launched on Oct 10, 2007.

Performance

WATL.L vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

WATL.L vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WATL.L Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist	3.54%	6.48%	7.33%	16.26%	-11.97%	25.45%	13.28%	32.02%	-12.80%	14.47%
^GSPC S&P 500 Index	-2.04%	8.10%	25.46%	18.02%	-9.86%	28.09%	12.84%	23.98%	-0.68%	9.09%

Different Trading Currencies

WATL.L is traded in GBp, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, WATL.L achieves a 3.54% return, which is significantly higher than ^GSPC's -2.36% return. Over the past 10 years, WATL.L has underperformed ^GSPC with an annualized return of 10.40%, while ^GSPC has yielded a comparatively higher 13.10% annualized return.

WATL.L

• 1D: 0.48%
• 1M: -3.89%
• YTD: 3.54%
• 6M: 2.21%
• 1Y: 9.27%
• 3Y*: 10.08%
• 5Y*: 7.60%
• 10Y*: 10.40%

^GSPC

• 1D: 0.00%
• 1M: -2.80%
• YTD: -2.36%
• 6M: -0.73%
• 1Y: 13.71%
• 3Y*: 14.30%
• 5Y*: 11.28%
• 10Y*: 13.10%

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

Return for Risk

WATL.L vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WATL.L

WATL.L Risk / Return Rank: 34
WATL.L Sharpe Ratio Rank: 35
WATL.L Sortino Ratio Rank: 33
WATL.L Omega Ratio Rank: 30
WATL.L Calmar Ratio Rank: 37
WATL.L Martin Ratio Rank: 34

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

WATL.L vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L) and S&P 500 Index (^GSPC). 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.

	WATL.L	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.71	0.73	-0.03
Sortino ratio Return per unit of downside risk	1.04	1.14	-0.10
Omega ratio Gain probability vs. loss probability	1.14	1.18	-0.04
Calmar ratio Return relative to maximum drawdown	1.18	1.19	-0.01
Martin ratio Return relative to average drawdown	3.75	4.63	-0.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WATL.L vs. ^GSPC - Sharpe Ratio Comparison

The current WATL.L Sharpe Ratio is 0.71, which is comparable to the ^GSPC Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of WATL.L and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WATL.L	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	0.73	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.71	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.72	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	0.55	+0.43

Correlation

The correlation between WATL.L and ^GSPC is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

WATL.L vs. ^GSPC - Drawdown Comparison

The maximum WATL.L drawdown since its inception was -28.96%, smaller than the maximum ^GSPC drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for WATL.L and ^GSPC.

Drawdown Indicators

	WATL.L	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-28.96%	-56.78%	+27.82%
Max Drawdown (1Y) Largest decline over 1 year	-9.59%	-9.10%	-0.49%
Max Drawdown (5Y) Largest decline over 5 years	-23.48%	-25.43%	+1.95%
Max Drawdown (10Y) Largest decline over 10 years	-28.96%	-33.92%	+4.96%
Current Drawdown Current decline from peak	-6.29%	-5.67%	-0.62%
Average Drawdown Average peak-to-trough decline	-4.63%	-10.75%	+6.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	2.62%	+0.40%

Volatility

WATL.L vs. ^GSPC - Volatility Comparison

Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L) has a higher volatility of 4.74% compared to S&P 500 Index (^GSPC) at 4.50%. This indicates that WATL.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WATL.L	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	4.50%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	8.44%	9.50%	-1.06%
Volatility (1Y) Calculated over the trailing 1-year period	13.05%	18.75%	-5.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.21%	15.89%	-1.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.74%	18.16%	-2.42%