WITS.AS vs. INRA.AS

Last updated Jun 5, 2026

WITS.AS (iShares MSCI World Information Technology Sector ESG UCITS ETF) and INRA.AS (iShares Global Clean Energy Transition UCITS ETF USD Accumulating) are both exchange-traded funds - WITS.AS is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while INRA.AS is a Alternative Energy Equities fund tracking the S&P Global Clean Energy Transition. Both are passively managed. Over the past 3 years, WITS.AS returned 31.66%/yr vs 8.13%/yr for INRA.AS. At a 0.45 correlation, their price movements are largely independent. WITS.AS charges 0.25%/yr vs 0.65%/yr for INRA.AS.

Performance

WITS.AS vs. INRA.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) and iShares Global Clean Energy Transition UCITS ETF USD Accumulating (INRA.AS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WITS.AS achieves a 23.70% return, which is significantly lower than INRA.AS's 38.49% return.

WITS.AS

• 1D: -1.52%
• 1M: 14.43%
• YTD: 23.70%
• 6M: 23.08%
• 1Y: 47.95%
• 3Y*: 31.66%
• 5Y*: 20.38%
• 10Y*: —

INRA.AS

• 1D: -1.95%
• 1M: 7.70%
• YTD: 38.49%
• 6M: 36.79%
• 1Y: 80.34%
• 3Y*: 8.13%
• 5Y*: —
• 10Y*: —

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

WITS.AS vs. INRA.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF	23.70%	22.39%	28.01%	60.19%	-22.91%
INRA.AS iShares Global Clean Energy Transition UCITS ETF USD Accumulating	38.49%	45.54%	-25.57%	-20.66%	-0.42%

Correlation

The correlation between WITS.AS and INRA.AS is 0.55, 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	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since Mar 3, 2022	0.45

The correlation between WITS.AS and INRA.AS shifts across timeframes, from 0.41 (3 years) to 0.55 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

WITS.AS vs. INRA.AS — Risk / Return Rank

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

WITS.AS

WITS.AS Risk / Return Rank: 66
WITS.AS Sharpe Ratio Rank: 75
WITS.AS Sortino Ratio Rank: 72
WITS.AS Omega Ratio Rank: 67
WITS.AS Calmar Ratio Rank: 60
WITS.AS Martin Ratio Rank: 54

INRA.AS

INRA.AS Risk / Return Rank: 89
INRA.AS Sharpe Ratio Rank: 91
INRA.AS Sortino Ratio Rank: 89
INRA.AS Omega Ratio Rank: 82
INRA.AS Calmar Ratio Rank: 94
INRA.AS Martin Ratio Rank: 91

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.

WITS.AS vs. INRA.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) and iShares Global Clean Energy Transition UCITS ETF USD Accumulating (INRA.AS). 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.

	WITS.AS	INRA.AS	Difference
Sharpe ratio: Return per unit of total volatility	2.39	3.13	-0.73
Sortino ratio: Return per unit of downside risk	3.20	4.06	-0.86
Omega ratio: Gain probability vs. loss probability	1.40	1.48	-0.08
Calmar ratio: Return relative to maximum drawdown	2.94	6.97	-4.03
Martin ratio: Return relative to average drawdown	9.14	21.66	-12.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WITS.AS vs. INRA.AS - Sharpe Ratio Comparison

The current WITS.AS Sharpe Ratio is 2.39, which is comparable to the INRA.AS Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of WITS.AS and INRA.AS, 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

	WITS.AS	INRA.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	3.13	-0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.15	+0.86

Drawdowns

WITS.AS vs. INRA.AS - Drawdown Comparison

The maximum WITS.AS drawdown since its inception was -39.08%, smaller than the maximum INRA.AS drawdown of -54.31%. Use the drawdown chart below to compare losses from any high point for WITS.AS and INRA.AS.

Drawdown Indicators

	WITS.AS	INRA.AS	Difference
Max Drawdown Largest peak-to-trough decline	-39.08%	-54.31%	+15.23%
Max Drawdown (1Y) Largest decline over 1 year	-16.07%	-11.34%	-4.73%
Max Drawdown (3Y) Largest decline over 3 years	-25.21%	-43.81%	+18.60%
Max Drawdown (5Y) Largest decline over 5 years	-39.08%	—	—
Current Drawdown Current decline from peak	-2.12%	-2.87%	+0.75%
Average Drawdown Average peak-to-trough decline	-8.50%	-29.12%	+20.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.20%	3.67%	+1.53%

Volatility

WITS.AS vs. INRA.AS - Volatility Comparison

The current volatility for iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) is 7.12%, while iShares Global Clean Energy Transition UCITS ETF USD Accumulating (INRA.AS) has a volatility of 9.96%. This indicates that WITS.AS experiences smaller price fluctuations and is considered to be less risky than INRA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WITS.AS	INRA.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.12%	9.96%	-2.84%
Volatility (6M) Calculated over the trailing 6-month period	15.52%	19.11%	-3.59%
Volatility (1Y) Calculated over the trailing 1-year period	19.78%	25.31%	-5.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.75%	26.82%	-3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.61%	26.82%	-2.21%

WITS.AS vs. INRA.AS - Expense Ratio Comparison

WITS.AS has a 0.25% expense ratio, which is lower than INRA.AS's 0.65% expense ratio.

Dividends

WITS.AS vs. INRA.AS - Dividend Comparison

WITS.AS's dividend yield for the trailing twelve months is around 0.25%, while INRA.AS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
INRA.AS iShares Global Clean Energy Transition UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF	0.25%	0.31%	0.38%	0.46%	0.81%	0.41%	0.73%	0.12%

Frequently Asked Questions

Can I hold both WITS.AS and INRA.AS in my portfolio?

WITS.AS and INRA.AS have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WITS.AS or INRA.AS?

On fees, WITS.AS 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, WITS.AS or INRA.AS?

WITS.AS is cheaper with a 0.25% expense ratio, compared with 0.65% for INRA.AS.

What is the main difference between WITS.AS and INRA.AS?

WITS.AS is categorized as Technology Equities, while INRA.AS is Alternative Energy Equities. WITS.AS tracks MSCI World/Information Tech NR USD, while INRA.AS tracks S&P Global Clean Energy Transition. Their fees differ too: 0.25% for WITS.AS and 0.65% for INRA.AS.