WENS.L vs. EIMI.L
WENS.L (iShares MSCI World Energy Sector UCITS ETF USD (Dist)) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both exchange-traded funds - WENS.L is a Energy Equities fund tracking the MSCI World/Energy NR USD, while EIMI.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index. Both are passively managed. Over the past 3 years, WENS.L returned 13.87%/yr vs 20.20%/yr for EIMI.L. At a 0.18 correlation, their price movements are largely independent. WENS.L charges 0.25%/yr vs 0.18%/yr for EIMI.L.
Performance
WENS.L vs. EIMI.L - Performance Comparison
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Different Trading Currencies
WENS.L is traded in GBP, while EIMI.L is traded in USD. To make them comparable, the EIMI.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, WENS.L achieves a 31.38% return, which is significantly higher than EIMI.L's 24.75% return.
WENS.L
- 1D
- -0.43%
- 1M
- -0.63%
- YTD
- 31.38%
- 6M
- 26.68%
- 1Y
- 44.00%
- 3Y*
- 13.87%
- 5Y*
- —
- 10Y*
- —
EIMI.L
- 1D
- -1.30%
- 1M
- 5.47%
- YTD
- 24.75%
- 6M
- 26.33%
- 1Y
- 50.86%
- 3Y*
- 20.20%
- 5Y*
- 8.77%
- 10Y*
- 11.09%
WENS.L vs. EIMI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 31.38% | 3.24% | 2.09% | -2.00% | 17.73% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 24.75% | 22.75% | 9.23% | 5.48% | -1.14% |
Correlation
The correlation between WENS.L and EIMI.L is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2022 | 0.18 |
The correlation between WENS.L and EIMI.L shifts across timeframes, from -0.16 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WENS.L vs. EIMI.L — Risk / Return Rank
WENS.L
EIMI.L
WENS.L vs. EIMI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.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.
| WENS.L | EIMI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.53 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 4.78 | -1.79 |
| Martin ratioReturn relative to average drawdown | 9.66 | 16.25 | -6.59 |
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
| WENS.L | EIMI.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 2.83 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.53 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.47 | +0.11 |
Drawdowns
WENS.L vs. EIMI.L - Drawdown Comparison
The maximum WENS.L drawdown since its inception was -22.49%, smaller than the maximum EIMI.L drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for WENS.L and EIMI.L.
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Drawdown Indicators
| WENS.L | EIMI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.49% | -31.70% | +9.21% |
Max Drawdown (1Y)Largest decline over 1 year | -14.63% | -10.58% | -4.05% |
Max Drawdown (3Y)Largest decline over 3 years | -22.49% | -15.79% | -6.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.27% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.10% | — |
Current DrawdownCurrent decline from peak | -7.62% | -2.29% | -5.33% |
Average DrawdownAverage peak-to-trough decline | -9.15% | -8.72% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.54% | 3.12% | +1.42% |
Volatility
WENS.L vs. EIMI.L - Volatility Comparison
iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) has a higher volatility of 7.96% compared to iShares Core MSCI EM IMI UCITS ETF (EIMI.L) at 7.58%. This indicates that WENS.L's price experiences larger fluctuations and is considered to be riskier than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WENS.L | EIMI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.96% | 7.58% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 18.19% | 15.58% | +2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.33% | 17.91% | +3.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.49% | 16.61% | +4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.49% | 18.39% | +3.10% |
WENS.L vs. EIMI.L - Expense Ratio Comparison
WENS.L has a 0.25% expense ratio, which is higher than EIMI.L's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WENS.L vs. EIMI.L - Dividend Comparison
Neither WENS.L nor EIMI.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 0.00% | 0.00% | 1.75% | 3.61% | 1.77% |
Frequently Asked Questions
WENS.L and EIMI.L have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EIMI.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EIMI.L is cheaper with a 0.18% expense ratio, compared with 0.25% for WENS.L.
WENS.L is categorized as Energy Equities, while EIMI.L is Emerging Markets Equities. WENS.L tracks MSCI World/Energy NR USD, while EIMI.L tracks MSCI Emerging Markets Investable Market Index. Their fees differ too: 0.25% for WENS.L and 0.18% for EIMI.L.
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