WDEE.L vs. INRG.L
WDEE.L (Invesco S&P World Energy Targeted & Screened UCITS ETF Acc) and INRG.L (iShares Global Clean Energy UCITS ETF USD (Dist)) are both Energy Equities funds - WDEE.L tracks the S&P World Energy Targeted & Screened Index while INRG.L tracks the S&P Global Clean Energy TR USD. Both are passively managed. Over the past 3 years, WDEE.L returned 19.17%/yr vs 9.24%/yr for INRG.L. At a 0.21 correlation, their price movements are largely independent. WDEE.L charges 0.18%/yr vs 0.65%/yr for INRG.L.
Performance
WDEE.L vs. INRG.L - Performance Comparison
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Different Trading Currencies
WDEE.L is traded in USD, while INRG.L is traded in GBp. To make them comparable, the INRG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDEE.L achieves a 30.95% return, which is significantly lower than INRG.L's 41.61% return.
WDEE.L
- 1D
- 2.00%
- 1M
- -1.12%
- YTD
- 30.95%
- 6M
- 29.56%
- 1Y
- 39.49%
- 3Y*
- 19.17%
- 5Y*
- —
- 10Y*
- —
INRG.L
- 1D
- -1.41%
- 1M
- 11.59%
- YTD
- 41.61%
- 6M
- 40.85%
- 1Y
- 85.40%
- 3Y*
- 9.24%
- 5Y*
- 2.06%
- 10Y*
- 12.19%
WDEE.L vs. INRG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDEE.L Invesco S&P World Energy Targeted & Screened UCITS ETF Acc | 30.95% | 9.01% | 4.02% | 7.64% |
INRG.L iShares Global Clean Energy UCITS ETF USD (Dist) | 41.61% | 44.92% | -25.65% | -19.72% |
Correlation
The correlation between WDEE.L and INRG.L is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.21 |
The correlation between WDEE.L and INRG.L shifts across timeframes, from -0.04 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WDEE.L vs. INRG.L — Risk / Return Rank
WDEE.L
INRG.L
WDEE.L vs. INRG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.L) and iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.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.
| WDEE.L | INRG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.51 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 7.54 | -3.46 |
| Martin ratioReturn relative to average drawdown | 12.12 | 22.70 | -10.58 |
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
| WDEE.L | INRG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 3.40 | -1.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.08 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | -0.05 | +0.89 |
Drawdowns
WDEE.L vs. INRG.L - Drawdown Comparison
The maximum WDEE.L drawdown since its inception was -18.54%, smaller than the maximum INRG.L drawdown of -88.36%. Use the drawdown chart below to compare losses from any high point for WDEE.L and INRG.L.
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Drawdown Indicators
| WDEE.L | INRG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.54% | -88.36% | +69.82% |
Max Drawdown (1Y)Largest decline over 1 year | -9.64% | -11.27% | +1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -18.54% | -43.89% | +25.35% |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.21% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -67.38% | — |
Current DrawdownCurrent decline from peak | -3.06% | -40.67% | +37.61% |
Average DrawdownAverage peak-to-trough decline | -3.85% | -66.31% | +62.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.75% | -0.50% |
Volatility
WDEE.L vs. INRG.L - Volatility Comparison
The current volatility for Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.L) is 6.80%, while iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) has a volatility of 9.58%. This indicates that WDEE.L experiences smaller price fluctuations and is considered to be less risky than INRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDEE.L | INRG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.80% | 9.58% | -2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 15.28% | 18.48% | -3.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 24.98% | -6.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 26.70% | -7.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.11% | 26.61% | -7.50% |
WDEE.L vs. INRG.L - Expense Ratio Comparison
WDEE.L has a 0.18% expense ratio, which is lower than INRG.L's 0.65% expense ratio.
Dividends
WDEE.L vs. INRG.L - Dividend Comparison
WDEE.L has not paid dividends to shareholders, while INRG.L's dividend yield for the trailing twelve months is around 1.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INRG.L iShares Global Clean Energy UCITS ETF USD (Dist) | 1.07% | 1.77% | 1.58% | 1.00% | 0.62% | 1.01% | 0.61% | 2.05% | 3.68% | 3.69% | 3.65% | 3.90% |
WDEE.L Invesco S&P World Energy Targeted & Screened UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WDEE.L and INRG.L have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDEE.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDEE.L is cheaper with a 0.18% expense ratio, compared with 0.65% for INRG.L.
WDEE.L tracks S&P World Energy Targeted & Screened Index, while INRG.L tracks S&P Global Clean Energy TR USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.18% for WDEE.L and 0.65% for INRG.L.
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