WDFE.L vs. X7PS.L
WDFE.L (Invesco S&P World Financials ESG UCITS ETF Acc) and X7PS.L (Invesco STOXX Europe 600 Optimised Banks UCITS ETF EUR (Acc)) are both exchange-traded funds - WDFE.L is a Financials Equities fund tracking the S&P World ESG Enhanced Financials Index, while X7PS.L is a Europe Equities fund tracking the STOXX Europe 600 Optimised Banks Index (EUR). Both are passively managed. Over the past 3 years, WDFE.L returned 24.29%/yr vs 44.53%/yr for X7PS.L. A 0.74 correlation means they provide meaningful diversification when combined. WDFE.L charges 0.18%/yr vs 0.20%/yr for X7PS.L.
Performance
WDFE.L vs. X7PS.L - Performance Comparison
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Different Trading Currencies
WDFE.L is traded in USD, while X7PS.L is traded in EUR. To make them comparable, the X7PS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDFE.L achieves a 9.52% return, which is significantly lower than X7PS.L's 13.49% return.
WDFE.L
- 1D
- 0.34%
- 1M
- 4.58%
- 6M
- 9.34%
- YTD
- 9.52%
- 1Y
- 21.08%
- 3Y*
- 24.29%
- 5Y*
- —
- 10Y*
- —
X7PS.L
- 1D
- -1.15%
- 1M
- 1.20%
- 6M
- 11.22%
- YTD
- 13.49%
- 1Y
- 48.31%
- 3Y*
- 44.53%
- 5Y*
- 30.94%
- 10Y*
- 16.65%
WDFE.L vs. X7PS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDFE.L Invesco S&P World Financials ESG UCITS ETF Acc | 9.52% | 27.03% | 25.78% | 17.26% |
X7PS.L Invesco STOXX Europe 600 Optimised Banks UCITS ETF EUR (Acc) | 13.49% | 102.25% | 24.94% | 18.81% |
Correlation
The correlation between WDFE.L and X7PS.L is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2023 | 0.74 |
The correlation between WDFE.L and X7PS.L has been stable across timeframes, ranging from 0.73 to 0.74 - a consistent structural relationship.
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Return for Risk
WDFE.L vs. X7PS.L — Risk / Return Rank
WDFE.L
X7PS.L
WDFE.L vs. X7PS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Financials ESG UCITS ETF Acc (WDFE.L) and Invesco STOXX Europe 600 Optimised Banks UCITS ETF EUR (Acc) (X7PS.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WDFE.L | X7PS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.33 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 2.64 | -0.50 |
| Martin ratioReturn relative to average drawdown | 7.25 | 8.37 | -1.12 |
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Drawdowns
WDFE.L vs. X7PS.L - Drawdown Comparison
The maximum WDFE.L drawdown since its inception was -16.10%, smaller than the maximum X7PS.L drawdown of -64.58%. Use the drawdown chart below to compare losses from any high point for WDFE.L and X7PS.L.
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Drawdown Indicators
| WDFE.L | X7PS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.10% | -64.58% | +48.48% |
Max Drawdown (1Y)Largest decline over 1 year | -10.26% | -18.24% | +7.98% |
Max Drawdown (3Y)Largest decline over 3 years | -16.10% | -19.95% | +3.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.95% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.12% | +2.12% |
Average DrawdownAverage peak-to-trough decline | -2.11% | -21.86% | +19.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 5.76% | -2.73% |
Volatility
WDFE.L vs. X7PS.L - Volatility Comparison
The current volatility for Invesco S&P World Financials ESG UCITS ETF Acc (WDFE.L) is 3.84%, while Invesco STOXX Europe 600 Optimised Banks UCITS ETF EUR (Acc) (X7PS.L) has a volatility of 5.92%. This indicates that WDFE.L experiences smaller price fluctuations and is considered to be less risky than X7PS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDFE.L | X7PS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 5.92% | -2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 20.48% | -9.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.81% | 24.02% | -10.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.25% | 26.46% | -11.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.25% | 26.60% | -11.35% |
WDFE.L vs. X7PS.L - Expense Ratio Comparison
WDFE.L has a 0.18% expense ratio, which is lower than X7PS.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WDFE.L vs. X7PS.L - Dividend Comparison
Neither WDFE.L nor X7PS.L has paid dividends to shareholders.
Frequently Asked Questions
WDFE.L and X7PS.L have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDFE.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDFE.L is cheaper with a 0.18% expense ratio, compared with 0.20% for X7PS.L.
WDFE.L is categorized as Financials Equities, while X7PS.L is Europe Equities. WDFE.L tracks S&P World ESG Enhanced Financials Index, while X7PS.L tracks STOXX Europe 600 Optimised Banks Index (EUR). Their fees differ too: 0.18% for WDFE.L and 0.20% for X7PS.L.
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