WLDR vs. SHEH

Last updated Aug 4, 2026

WLDR (Affinity World Leaders Equity ETF) and SHEH (Shell plc ADRhedged ETF) are both exchange-traded funds - WLDR is a Global Equities fund tracking the Thomson Reuters StarMine Affinity World Leaders Index, while SHEH is a Energy Equities fund tracking the Shell plc - Benchmark Price Return. Both are passively managed. Over the past year, WLDR returned 49.01% vs 27.83% for SHEH. Their -0.07 correlation means they have often moved in opposite directions in the past. WLDR charges 0.67%/yr vs 0.19%/yr for SHEH.

Performance

WLDR vs. SHEH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Affinity World Leaders Equity ETF (WLDR) and Shell plc ADRhedged ETF (SHEH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WLDR achieves a 29.98% return, which is significantly higher than SHEH's 25.14% return.

WLDR

• 1D: 1.15%
• 1M: 3.17%
• 6M: 21.17%
• YTD: 29.98%
• 1Y: 49.01%
• 3Y*: 30.33%
• 5Y*: 18.04%
• 10Y*: —
• ALL TIME*: 12.57%

SHEH

• 1D: -0.63%
• 1M: 15.58%
• 6M: 23.06%
• YTD: 25.14%
• 1Y: 27.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 30.79%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SHEH Shell plc ADRhedged ETF	$782.03K	$668.74K	$325.26K
WLDR Affinity World Leaders Equity ETF	$1.08M	$815.02K	$665.85K

WLDR vs. SHEH - Yearly Performance Comparison

	2026 (YTD)	2025
WLDR Affinity World Leaders Equity ETF	29.98%	39.98%
SHEH Shell plc ADRhedged ETF	25.14%	12.63%

Correlation

The correlation between WLDR and SHEH is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.07
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	-0.07

WLDR vs. SHEH - Sectors Allocation Comparison

Sectors	WLDR	SHEH
Technology	37.8%	-
Financial Services	13.0%	-
Communication Services	9.1%	-
Healthcare	8.2%	-
Industrials	7.8%	-
Consumer Cyclical	7.2%	-
Consumer Defensive	6.7%	-
Energy	3.7%	96.5%
Basic Materials	2.6%	-
Utilities	2.5%	-
Real Estate	1.6%	-

Return for Risk

WLDR vs. SHEH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WLDR

WLDR Risk / Return Rank: 94
WLDR Sharpe Ratio Rank: 95
WLDR Sortino Ratio Rank: 94
WLDR Omega Ratio Rank: 92
WLDR Calmar Ratio Rank: 95
WLDR Martin Ratio Rank: 94

SHEH

SHEH Risk / Return Rank: 44
SHEH Sharpe Ratio Rank: 48
SHEH Sortino Ratio Rank: 46
SHEH Omega Ratio Rank: 45
SHEH Calmar Ratio Rank: 41
SHEH Martin Ratio Rank: 38

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WLDR vs. SHEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Affinity World Leaders Equity ETF (WLDR) and Shell plc ADRhedged ETF (SHEH). 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.

	WLDR	SHEH	Difference
Sharpe ratio: Return per unit of total volatility	2.80	1.33	+1.47
Sortino ratio: Return per unit of downside risk	3.77	1.86	+1.90
Omega ratio: Gain probability vs. loss probability	1.47	1.23	+0.23
Calmar ratio: Return relative to maximum drawdown	5.56	1.59	+3.96
Martin ratio: Return relative to average drawdown	19.28	4.35	+14.93

WLDR vs. SHEH - Sharpe Ratio Comparison

The current WLDR Sharpe Ratio is 2.80, which is higher than the SHEH Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of WLDR and SHEH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WLDR vs. SHEH - Drawdown Comparison

The maximum WLDR drawdown since its inception was -44.69%, which is greater than SHEH's maximum drawdown of -17.53%. Use the drawdown chart below to compare losses from any high point for WLDR and SHEH.

Drawdown Indicators

	WLDR	SHEH	Difference
Max Drawdown Largest peak-to-trough decline	-44.69%	-17.53%	-27.16%
Max Drawdown (1Y) Largest decline over 1 year	-8.86%	-17.53%	+8.67%
Max Drawdown (3Y) Largest decline over 3 years	-20.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.77%	—	—
Current Drawdown Current decline from peak	-2.20%	-3.52%	+1.32%
Average Drawdown Average peak-to-trough decline	-8.52%	-4.14%	-4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	6.41%	-3.86%

Volatility

WLDR vs. SHEH - Volatility Comparison

Affinity World Leaders Equity ETF (WLDR) and Shell plc ADRhedged ETF (SHEH) have volatilities of 6.61% and 6.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WLDR	SHEH	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.61%	6.85%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	14.90%	17.33%	-2.43%
Volatility (1Y) Calculated over the trailing 1-year period	17.59%	21.00%	-3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.57%	20.53%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.04%	20.53%	+0.51%

WLDR vs. SHEH - Expense Ratio Comparison

WLDR has a 0.67% expense ratio, which is higher than SHEH's 0.19% expense ratio.

Dividends

WLDR vs. SHEH - Dividend Comparison

WLDR's dividend yield for the trailing twelve months is around 7.16%, more than SHEH's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SHEH Shell plc ADRhedged ETF	1.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WLDR Affinity World Leaders Equity ETF	7.16%	9.01%	13.99%	2.28%	2.10%	7.55%	1.80%	2.48%	2.82%

Frequently Asked Questions

Can I hold both WLDR and SHEH in my portfolio?

WLDR and SHEH have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WLDR or SHEH?

SHEH has higher volatility (6.85%) compared to WLDR (6.61%). In terms of maximum drawdown, WLDR dropped -44.69% vs SHEH's -17.53%.

Which ETF is better, WLDR or SHEH?

On 1-year performance, WLDR leads with 49.01% vs 27.83% for SHEH. On fees, SHEH is cheaper at 0.19% per year. On volatility, WLDR has been the lower-risk option at 6.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WLDR or SHEH?

Over the 1-year period, WLDR has performed better with a 49.01% return vs 27.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WLDR or SHEH?

SHEH is cheaper with a 0.19% expense ratio, compared with 0.67% for WLDR.

Which ETF pays a higher dividend yield, WLDR or SHEH?

WLDR has the higher dividend yield at 7.16%, compared with 1.86% for SHEH.

What is the main difference between WLDR and SHEH?

WLDR is categorized as Global Equities, while SHEH is Energy Equities. WLDR tracks Thomson Reuters StarMine Affinity World Leaders Index, while SHEH tracks Shell plc - Benchmark Price Return. They also come from different issuers: Regents Park and ADRhedged. Their fees differ too: 0.67% for WLDR and 0.19% for SHEH.

Which has better risk-adjusted returns?

WLDR currently has the higher Sharpe Ratio (2.80 vs 1.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.