WENS.L vs. ESIE.DE
WENS.L (iShares MSCI World Energy Sector UCITS ETF USD (Dist)) and ESIE.DE (iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc)) are both Energy Equities funds from iShares tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, WENS.L returned 15.52%/yr vs 17.22%/yr for ESIE.DE. Their correlation of 0.80 suggests significant overlap in exposure. WENS.L charges 0.25%/yr vs 0.18%/yr for ESIE.DE.
Performance
WENS.L vs. ESIE.DE - Performance Comparison
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Different Trading Currencies
WENS.L is traded in GBP, while ESIE.DE is traded in EUR. To make them comparable, the ESIE.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with WENS.L having a 31.68% return and ESIE.DE slightly higher at 33.15%.
WENS.L
- 1D
- 0.00%
- 1M
- 2.79%
- YTD
- 31.68%
- 6M
- 31.58%
- 1Y
- 43.09%
- 3Y*
- 15.52%
- 5Y*
- —
- 10Y*
- —
ESIE.DE
- 1D
- -2.01%
- 1M
- 0.67%
- YTD
- 33.15%
- 6M
- 33.69%
- 1Y
- 49.03%
- 3Y*
- 17.22%
- 5Y*
- 19.28%
- 10Y*
- —
WENS.L vs. ESIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 31.68% | 6.73% | 3.85% | -2.00% | 17.73% |
ESIE.DE iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) | 33.15% | 21.21% | -10.70% | 6.47% | 13.72% |
Correlation
The correlation between WENS.L and ESIE.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2022 | 0.80 |
The correlation between WENS.L and ESIE.DE has been stable across timeframes, ranging from 0.77 to 0.80 - a consistent structural relationship.
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Return for Risk
WENS.L vs. ESIE.DE — Risk / Return Rank
WENS.L
ESIE.DE
WENS.L vs. ESIE.DE - 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 MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.DE). 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.
| WENS.L | ESIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 3.85 | -0.89 |
| Martin ratioReturn relative to average drawdown | 9.41 | 11.24 | -1.83 |
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Drawdowns
WENS.L vs. ESIE.DE - Drawdown Comparison
The maximum WENS.L drawdown since its inception was -21.15%, smaller than the maximum ESIE.DE drawdown of -26.24%. Use the drawdown chart below to compare losses from any high point for WENS.L and ESIE.DE.
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Drawdown Indicators
| WENS.L | ESIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.15% | -26.24% | +5.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.63% | -12.66% | -1.97% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -26.24% | +5.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.24% | — |
Current DrawdownCurrent decline from peak | -7.41% | -8.64% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -8.42% | -7.10% | -1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.59% | 4.35% | +0.24% |
Volatility
WENS.L vs. ESIE.DE - Volatility Comparison
The current volatility for iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) is 6.58%, while iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.DE) has a volatility of 7.00%. This indicates that WENS.L experiences smaller price fluctuations and is considered to be less risky than ESIE.DE 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 | ESIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.58% | 7.00% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 18.29% | 20.12% | -1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.38% | 23.11% | -1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.46% | 23.48% | -2.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.46% | 23.91% | -2.45% |
WENS.L vs. ESIE.DE - Expense Ratio Comparison
WENS.L has a 0.25% expense ratio, which is higher than ESIE.DE'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. ESIE.DE - Dividend Comparison
WENS.L's dividend yield for the trailing twelve months is around 1.28%, while ESIE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ESIE.DE iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 1.28% | 3.25% | 3.52% | 3.61% | 1.77% |
Frequently Asked Questions
WENS.L and ESIE.DE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIE.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for WENS.L.
Both ETFs track MSCI World/Energy NR USD. Their fees differ too: 0.25% for WENS.L and 0.18% for ESIE.DE.
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