WDEE.L vs. IOGP.L
WDEE.L (Invesco S&P World Energy Targeted & Screened UCITS ETF Acc) and IOGP.L (iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc)) are both exchange-traded funds - WDEE.L is a Energy Equities fund tracking the S&P World Energy Targeted & Screened Index, while IOGP.L is a Oil & Gas fund tracking the S&P Commodity Producers Oil & Gas Exploration & Production Index. Both are passively managed. Over the past 3 years, WDEE.L returned 19.17%/yr vs 14.41%/yr for IOGP.L. Their correlation of 0.90 suggests significant overlap in exposure. WDEE.L charges 0.18%/yr vs 0.55%/yr for IOGP.L.
Performance
WDEE.L vs. IOGP.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WDEE.L achieves a 30.95% return, which is significantly higher than IOGP.L's 28.57% return.
WDEE.L
- 1D
- 2.00%
- 1M
- -1.12%
- YTD
- 30.95%
- 6M
- 29.56%
- 1Y
- 39.49%
- 3Y*
- 19.17%
- 5Y*
- —
- 10Y*
- —
IOGP.L
- 1D
- 2.02%
- 1M
- -2.81%
- YTD
- 28.57%
- 6M
- 24.95%
- 1Y
- 36.79%
- 3Y*
- 14.41%
- 5Y*
- 16.29%
- 10Y*
- 7.46%
WDEE.L vs. IOGP.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% |
IOGP.L iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc) | 28.57% | 6.29% | -0.90% | 3.93% |
Correlation
The correlation between WDEE.L and IOGP.L is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.90 |
The correlation between WDEE.L and IOGP.L has been stable across timeframes, ranging from 0.88 to 0.90 - a consistent structural relationship.
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
WDEE.L vs. IOGP.L — Risk / Return Rank
WDEE.L
IOGP.L
WDEE.L vs. IOGP.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 Oil & Gas Exploration & Production UCITS ETF USD (Acc) (IOGP.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 | IOGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.26 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 2.37 | +1.71 |
| Martin ratioReturn relative to average drawdown | 12.12 | 6.32 | +5.80 |
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
| WDEE.L | IOGP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.49 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.54 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.23 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.07 | +0.77 |
Drawdowns
WDEE.L vs. IOGP.L - Drawdown Comparison
The maximum WDEE.L drawdown since its inception was -18.54%, smaller than the maximum IOGP.L drawdown of -83.56%. Use the drawdown chart below to compare losses from any high point for WDEE.L and IOGP.L.
Loading charts...
Drawdown Indicators
| WDEE.L | IOGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.54% | -83.56% | +65.02% |
Max Drawdown (1Y)Largest decline over 1 year | -9.64% | -15.44% | +5.80% |
Max Drawdown (3Y)Largest decline over 3 years | -18.54% | -27.14% | +8.60% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.37% | — |
Current DrawdownCurrent decline from peak | -3.06% | -8.38% | +5.32% |
Average DrawdownAverage peak-to-trough decline | -3.85% | -35.25% | +31.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 5.81% | -2.56% |
Volatility
WDEE.L vs. IOGP.L - Volatility Comparison
The current volatility for Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.L) is 6.80%, while iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc) (IOGP.L) has a volatility of 8.37%. This indicates that WDEE.L experiences smaller price fluctuations and is considered to be less risky than IOGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WDEE.L | IOGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.80% | 8.37% | -1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 15.28% | 20.52% | -5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 24.66% | -6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 30.34% | -11.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.11% | 32.81% | -13.70% |
WDEE.L vs. IOGP.L - Expense Ratio Comparison
WDEE.L has a 0.18% expense ratio, which is lower than IOGP.L's 0.55% expense ratio.
Dividends
WDEE.L vs. IOGP.L - Dividend Comparison
Neither WDEE.L nor IOGP.L has paid dividends to shareholders.
Frequently Asked Questions
WDEE.L and IOGP.L have a correlation of 0.88, 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 0.55% for IOGP.L.
WDEE.L is categorized as Energy Equities, while IOGP.L is Oil & Gas. WDEE.L tracks S&P World Energy Targeted & Screened Index, while IOGP.L tracks S&P Commodity Producers Oil & Gas Exploration & Production Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.18% for WDEE.L and 0.55% for IOGP.L.
Find the right allocation for WDEE.L and IOGP.L
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