WISE.L vs. ENEL.MI
WISE.L (Wise plc) and ENEL.MI (Enel SpA) are both stocks. WISE.L operates in Information Technology Services (Technology), while ENEL.MI operates in Utilities - Diversified (Utilities). Over the past 3 years, WISE.L returned 8.93%/yr vs 23.90%/yr for ENEL.MI. At a 0.16 correlation, their price movements are largely independent.
Performance
WISE.L vs. ENEL.MI - Performance Comparison
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Different Trading Currencies
WISE.L is traded in GBp, while ENEL.MI is traded in EUR. To make them comparable, the ENEL.MI values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WISE.L achieves a -9.76% return, which is significantly lower than ENEL.MI's 10.47% return.
WISE.L
- 1D
- 2.29%
- 1M
- -20.40%
- YTD
- -9.76%
- 6M
- -6.84%
- 1Y
- -23.43%
- 3Y*
- 8.93%
- 5Y*
- —
- 10Y*
- —
ENEL.MI
- 1D
- 0.00%
- 1M
- -1.07%
- YTD
- 10.47%
- 6M
- 11.76%
- 1Y
- 29.47%
- 3Y*
- 23.90%
- 5Y*
- 10.25%
- 10Y*
- 16.62%
WISE.L vs. ENEL.MI - Yearly Performance Comparison
Correlation
The correlation between WISE.L and ENEL.MI is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2021 | 0.16 |
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Return for Risk
WISE.L vs. ENEL.MI — Risk / Return Rank
WISE.L
ENEL.MI
WISE.L vs. ENEL.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wise plc (WISE.L) and Enel SpA (ENEL.MI). 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.
| WISE.L | ENEL.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -2.98 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.28 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 2.41 | -3.14 |
| Martin ratioReturn relative to average drawdown | -1.33 | 7.07 | -8.40 |
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Drawdowns
WISE.L vs. ENEL.MI - Drawdown Comparison
The maximum WISE.L drawdown since its inception was -74.14%, which is greater than ENEL.MI's maximum drawdown of -57.97%. Use the drawdown chart below to compare losses from any high point for WISE.L and ENEL.MI.
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Drawdown Indicators
| WISE.L | ENEL.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.14% | -57.97% | -16.17% |
Max Drawdown (1Y)Largest decline over 1 year | -32.06% | -12.22% | -19.84% |
Max Drawdown (3Y)Largest decline over 3 years | -35.68% | -14.31% | -21.37% |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.81% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.73% | — |
Current DrawdownCurrent decline from peak | -30.69% | -6.54% | -24.15% |
Average DrawdownAverage peak-to-trough decline | -31.98% | -15.67% | -16.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.60% | 4.17% | +13.43% |
Volatility
WISE.L vs. ENEL.MI - Volatility Comparison
Wise plc (WISE.L) has a higher volatility of 14.53% compared to Enel SpA (ENEL.MI) at 4.90%. This indicates that WISE.L's price experiences larger fluctuations and is considered to be riskier than ENEL.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WISE.L | ENEL.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.53% | 4.90% | +9.63% |
Volatility (6M)Calculated over the trailing 6-month period | 28.11% | 17.33% | +10.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.28% | 19.54% | +14.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.55% | 21.17% | +20.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.55% | 23.04% | +18.51% |
Dividends
WISE.L vs. ENEL.MI - Dividend Comparison
WISE.L has not paid dividends to shareholders, while ENEL.MI's dividend yield for the trailing twelve months is around 4.95%.
Financials
WISE.L vs. ENEL.MI - Financials Comparison
This section allows you to compare key financial metrics between Wise plc and Enel SpA. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
WISE.L and ENEL.MI have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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