WFIN.L vs. ESIF.L
WFIN.L (State Street SPDR MSCI World Financials UCITS ETF USD Acc) and ESIF.L (iShares MSCI Europe Financials Sector UCITS ETF) are both Financials Equities funds - WFIN.L tracks the State Street SPDR MSCI World Financials UCITS ETF USD Acc while ESIF.L tracks the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, WFIN.L returned 14.81%/yr vs 22.36%/yr for ESIF.L. Their correlation of 0.81 suggests significant overlap in exposure. WFIN.L charges 0.30%/yr vs 0.18%/yr for ESIF.L.
Performance
WFIN.L vs. ESIF.L - Performance Comparison
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Different Trading Currencies
WFIN.L is traded in USD, while ESIF.L is traded in GBP. To make them comparable, the ESIF.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WFIN.L achieves a 8.91% return, which is significantly lower than ESIF.L's 12.38% return.
WFIN.L
- 1D
- -0.27%
- 1M
- 5.66%
- 6M
- 9.60%
- YTD
- 8.91%
- 1Y
- 21.36%
- 3Y*
- 24.93%
- 5Y*
- 14.81%
- 10Y*
- 13.34%
ESIF.L
- 1D
- 0.43%
- 1M
- 5.67%
- 6M
- 12.25%
- YTD
- 12.38%
- 1Y
- 34.90%
- 3Y*
- 33.61%
- 5Y*
- 22.36%
- 10Y*
- —
WFIN.L vs. ESIF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
WFIN.L State Street SPDR MSCI World Financials UCITS ETF USD Acc | 8.91% | 29.17% | 26.82% | 16.20% | -9.85% | 28.37% | 6.02% |
ESIF.L iShares MSCI Europe Financials Sector UCITS ETF | 12.38% | 66.16% | 18.17% | 24.99% | -7.49% | 19.39% | -6.00% |
Correlation
The correlation between WFIN.L and ESIF.L is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020 | 0.81 |
The correlation between WFIN.L and ESIF.L has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
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Return for Risk
WFIN.L vs. ESIF.L — Risk / Return Rank
WFIN.L
ESIF.L
WFIN.L vs. ESIF.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR MSCI World Financials UCITS ETF USD Acc (WFIN.L) and iShares MSCI Europe Financials Sector UCITS ETF (ESIF.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.
| WFIN.L | ESIF.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 2.48 | -0.50 |
| Martin ratioReturn relative to average drawdown | 6.54 | 8.35 | -1.81 |
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Drawdowns
WFIN.L vs. ESIF.L - Drawdown Comparison
The maximum WFIN.L drawdown since its inception was -72.88%, which is greater than ESIF.L's maximum drawdown of -34.34%. Use the drawdown chart below to compare losses from any high point for WFIN.L and ESIF.L.
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Drawdown Indicators
| WFIN.L | ESIF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.88% | -34.34% | -38.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -14.01% | +2.95% |
Max Drawdown (3Y)Largest decline over 3 years | -15.69% | -16.10% | +0.41% |
Max Drawdown (5Y)Largest decline over 5 years | -27.48% | -34.34% | +6.86% |
Max Drawdown (10Y)Largest decline over 10 years | -43.40% | — | — |
Current DrawdownCurrent decline from peak | -0.27% | 0.00% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -18.23% | -6.42% | -11.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | 4.17% | -0.81% |
Volatility
WFIN.L vs. ESIF.L - Volatility Comparison
The current volatility for State Street SPDR MSCI World Financials UCITS ETF USD Acc (WFIN.L) is 3.95%, while iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) has a volatility of 4.45%. This indicates that WFIN.L experiences smaller price fluctuations and is considered to be less risky than ESIF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WFIN.L | ESIF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 4.45% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 11.95% | 16.48% | -4.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 19.39% | -4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.85% | 22.98% | -5.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.87% | 22.94% | -4.07% |
WFIN.L vs. ESIF.L - Expense Ratio Comparison
WFIN.L has a 0.30% expense ratio, which is higher than ESIF.L's 0.18% expense ratio.
Dividends
WFIN.L vs. ESIF.L - Dividend Comparison
Neither WFIN.L nor ESIF.L has paid dividends to shareholders.
Frequently Asked Questions
WFIN.L and ESIF.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIF.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIF.L is cheaper with a 0.18% expense ratio, compared with 0.30% for WFIN.L.
WFIN.L tracks State Street SPDR MSCI World Financials UCITS ETF USD Acc, while ESIF.L tracks MSCI World/Financials NR USD. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for WFIN.L and 0.18% for ESIF.L.
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