WENS.L vs. USDV.L

Last updated Jun 5, 2026

WENS.L (iShares MSCI World Energy Sector UCITS ETF USD (Dist)) and USDV.L (SPDR S&P US Dividend Aristocrats UCITS ETF Dis) are both exchange-traded funds - WENS.L is a Energy Equities fund tracking the MSCI World/Energy NR USD, while USDV.L is a Large Cap Blend Equities fund tracking the S&P High Yield Dividend Aristocrats Index. Both are passively managed. Over the past 3 years, WENS.L returned 13.87%/yr vs 6.93%/yr for USDV.L. At a 0.35 correlation, their price movements are largely independent. WENS.L charges 0.25%/yr vs 0.35%/yr for USDV.L.

Performance

WENS.L vs. USDV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) and SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WENS.L achieves a 31.38% return, which is significantly higher than USDV.L's 7.22% return.

WENS.L

• 1D: -0.43%
• 1M: -0.63%
• YTD: 31.38%
• 6M: 26.68%
• 1Y: 44.00%
• 3Y*: 13.87%
• 5Y*: —
• 10Y*: —

USDV.L

• 1D: 0.13%
• 1M: 1.76%
• YTD: 7.22%
• 6M: 7.16%
• 1Y: 14.02%
• 3Y*: 6.93%
• 5Y*: 6.79%
• 10Y*: 9.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WENS.L vs. USDV.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%
USDV.L SPDR S&P US Dividend Aristocrats UCITS ETF Dis	7.22%	1.15%	9.34%	-3.52%	8.06%

Correlation

The correlation between WENS.L and USDV.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jul 1, 2022	0.35

The correlation between WENS.L and USDV.L shifts across timeframes, from 0.23 (1 year) to 0.35 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

WENS.L vs. USDV.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WENS.L

WENS.L Risk / Return Rank: 59
WENS.L Sharpe Ratio Rank: 63
WENS.L Sortino Ratio Rank: 53
WENS.L Omega Ratio Rank: 62
WENS.L Calmar Ratio Rank: 61
WENS.L Martin Ratio Rank: 56

USDV.L

USDV.L Risk / Return Rank: 41
USDV.L Sharpe Ratio Rank: 42
USDV.L Sortino Ratio Rank: 43
USDV.L Omega Ratio Rank: 39
USDV.L Calmar Ratio Rank: 43
USDV.L Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WENS.L vs. USDV.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 SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.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	USDV.L	Difference
Sharpe ratio: Return per unit of total volatility	2.06	1.44	+0.62
Sortino ratio: Return per unit of downside risk	2.54	2.15	+0.39
Omega ratio: Gain probability vs. loss probability	1.37	1.25	+0.12
Calmar ratio: Return relative to maximum drawdown	2.99	2.12	+0.88
Martin ratio: Return relative to average drawdown	9.66	5.42	+4.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WENS.L vs. USDV.L - Sharpe Ratio Comparison

The current WENS.L Sharpe Ratio is 2.06, which is higher than the USDV.L Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of WENS.L and USDV.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WENS.L	USDV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	1.44	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.53	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.84	-0.25

Drawdowns

WENS.L vs. USDV.L - Drawdown Comparison

The maximum WENS.L drawdown since its inception was -22.49%, smaller than the maximum USDV.L drawdown of -27.80%. Use the drawdown chart below to compare losses from any high point for WENS.L and USDV.L.

Drawdown Indicators

	WENS.L	USDV.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.49%	-27.80%	+5.31%
Max Drawdown (1Y) Largest decline over 1 year	-14.63%	-6.60%	-8.03%
Max Drawdown (3Y) Largest decline over 3 years	-22.49%	-16.30%	-6.19%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.80%	—
Current Drawdown Current decline from peak	-7.62%	-3.68%	-3.94%
Average Drawdown Average peak-to-trough decline	-9.15%	-4.14%	-5.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.54%	2.58%	+1.96%

Volatility

WENS.L vs. USDV.L - Volatility Comparison

iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) has a higher volatility of 7.96% compared to SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L) at 2.53%. This indicates that WENS.L's price experiences larger fluctuations and is considered to be riskier than USDV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WENS.L	USDV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.96%	2.53%	+5.43%
Volatility (6M) Calculated over the trailing 6-month period	18.19%	7.19%	+11.00%
Volatility (1Y) Calculated over the trailing 1-year period	21.33%	9.69%	+11.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.49%	12.78%	+8.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.49%	15.33%	+6.16%

WENS.L vs. USDV.L - Expense Ratio Comparison

WENS.L has a 0.25% expense ratio, which is lower than USDV.L's 0.35% expense ratio.

Dividends

WENS.L vs. USDV.L - Dividend Comparison

WENS.L has not paid dividends to shareholders, while USDV.L's dividend yield for the trailing twelve months is around 2.04%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
USDV.L SPDR S&P US Dividend Aristocrats UCITS ETF Dis	2.04%	2.20%	1.99%	2.29%	2.11%	2.12%	2.57%	2.65%	2.19%	3.07%	1.65%	2.00%
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist)	0.00%	0.00%	1.75%	3.61%	1.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WENS.L and USDV.L in my portfolio?

WENS.L and USDV.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WENS.L or USDV.L?

On fees, WENS.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WENS.L or USDV.L?

WENS.L is cheaper with a 0.25% expense ratio, compared with 0.35% for USDV.L.

What is the main difference between WENS.L and USDV.L?

WENS.L is categorized as Energy Equities, while USDV.L is Large Cap Blend Equities. WENS.L tracks MSCI World/Energy NR USD, while USDV.L tracks S&P High Yield Dividend Aristocrats Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.25% for WENS.L and 0.35% for USDV.L.