WIND.AS vs. ESIF.DE
WIND.AS (SPDR MSCI World Industrials UCITS ETF) and ESIF.DE (iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc)) are both exchange-traded funds - WIND.AS is a Industrials Equities fund tracking the MSCI World/Materials NR USD, while ESIF.DE is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past 5 years, WIND.AS returned 12.43%/yr vs 19.33%/yr for ESIF.DE. A 0.63 correlation means they provide meaningful diversification when combined. WIND.AS charges 0.30%/yr vs 0.18%/yr for ESIF.DE.
Performance
WIND.AS vs. ESIF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WIND.AS achieves a 12.26% return, which is significantly higher than ESIF.DE's 3.24% return.
WIND.AS
- 1D
- 0.50%
- 1M
- 2.23%
- YTD
- 12.26%
- 6M
- 14.77%
- 1Y
- 20.04%
- 3Y*
- 18.24%
- 5Y*
- 12.43%
- 10Y*
- 12.19%
ESIF.DE
- 1D
- -1.74%
- 1M
- 3.46%
- YTD
- 3.24%
- 6M
- 10.32%
- 1Y
- 21.74%
- 3Y*
- 28.40%
- 5Y*
- 19.33%
- 10Y*
- —
WIND.AS vs. ESIF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
WIND.AS SPDR MSCI World Industrials UCITS ETF | 12.26% | 11.18% | 20.83% | 19.00% | -7.88% | 25.94% | -0.72% |
ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) | 3.24% | 47.69% | 25.31% | 21.61% | -2.88% | 29.09% | 3.24% |
Correlation
The correlation between WIND.AS and ESIF.DE is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.63 |
The correlation between WIND.AS and ESIF.DE has been stable across timeframes, ranging from 0.60 to 0.63 - a consistent structural relationship.
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Return for Risk
WIND.AS vs. ESIF.DE — Risk / Return Rank
WIND.AS
ESIF.DE
WIND.AS vs. ESIF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Industrials UCITS ETF (WIND.AS) and iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.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.
| WIND.AS | ESIF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 1.75 | +0.38 |
| Martin ratioReturn relative to average drawdown | 7.69 | 5.84 | +1.85 |
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
| WIND.AS | ESIF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 1.20 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 1.01 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 1.16 | -0.50 |
Drawdowns
WIND.AS vs. ESIF.DE - Drawdown Comparison
The maximum WIND.AS drawdown since its inception was -38.13%, which is greater than ESIF.DE's maximum drawdown of -22.93%. Use the drawdown chart below to compare losses from any high point for WIND.AS and ESIF.DE.
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Drawdown Indicators
| WIND.AS | ESIF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.13% | -22.93% | -15.20% |
Max Drawdown (1Y)Largest decline over 1 year | -9.31% | -12.38% | +3.07% |
Max Drawdown (3Y)Largest decline over 3 years | -18.94% | -17.10% | -1.84% |
Max Drawdown (5Y)Largest decline over 5 years | -18.94% | -22.93% | +3.99% |
Max Drawdown (10Y)Largest decline over 10 years | -38.13% | — | — |
Current DrawdownCurrent decline from peak | -0.92% | -3.24% | +2.32% |
Average DrawdownAverage peak-to-trough decline | -5.28% | -4.14% | -1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 3.71% | -1.14% |
Volatility
WIND.AS vs. ESIF.DE - Volatility Comparison
The current volatility for SPDR MSCI World Industrials UCITS ETF (WIND.AS) is 4.69%, while iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) has a volatility of 6.10%. This indicates that WIND.AS experiences smaller price fluctuations and is considered to be less risky than ESIF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WIND.AS | ESIF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.69% | 6.10% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 11.66% | 14.58% | -2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.34% | 17.98% | -3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.18% | 18.96% | -3.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.73% | 18.85% | -0.12% |
WIND.AS vs. ESIF.DE - Expense Ratio Comparison
WIND.AS has a 0.30% expense ratio, which is higher than ESIF.DE's 0.18% expense ratio.
Dividends
WIND.AS vs. ESIF.DE - Dividend Comparison
Neither WIND.AS nor ESIF.DE has paid dividends to shareholders.
Frequently Asked Questions
WIND.AS and ESIF.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIF.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIF.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for WIND.AS.
WIND.AS is categorized as Industrials Equities, while ESIF.DE is Financials Equities. WIND.AS tracks MSCI World/Materials NR USD, while ESIF.DE tracks MSCI World/Financials NR USD. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for WIND.AS and 0.18% for ESIF.DE.
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