WNDG.L vs. EYED.L
WNDG.L (Global X Wind Energy UCITS ETF USD Accumulating) and EYED.L (iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist)) are both Energy Equities funds - WNDG.L tracks the S&P Global Clean Energy TR USD while EYED.L tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, WNDG.L returned -0.34%/yr vs 17.65%/yr for EYED.L. At a 0.24 correlation, their price movements are largely independent. WNDG.L charges 0.50%/yr vs 0.18%/yr for EYED.L.
Performance
WNDG.L vs. EYED.L - Performance Comparison
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Returns By Period
In the year-to-date period, WNDG.L achieves a 16.77% return, which is significantly lower than EYED.L's 34.28% return.
WNDG.L
- 1D
- -1.72%
- 1M
- -7.33%
- YTD
- 16.77%
- 6M
- 17.87%
- 1Y
- 43.50%
- 3Y*
- -0.34%
- 5Y*
- —
- 10Y*
- —
EYED.L
- 1D
- -1.18%
- 1M
- -2.75%
- YTD
- 34.28%
- 6M
- 30.34%
- 1Y
- 58.34%
- 3Y*
- 17.65%
- 5Y*
- —
- 10Y*
- —
WNDG.L vs. EYED.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WNDG.L Global X Wind Energy UCITS ETF USD Accumulating | 16.77% | 23.53% | -18.76% | -23.82% | 4.09% |
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) | 34.28% | 20.20% | -10.02% | 5.93% | 5.36% |
Correlation
The correlation between WNDG.L and EYED.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2022 | 0.24 |
The correlation between WNDG.L and EYED.L shifts across timeframes, from 0.11 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WNDG.L vs. EYED.L — Risk / Return Rank
WNDG.L
EYED.L
WNDG.L vs. EYED.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Wind Energy UCITS ETF USD Accumulating (WNDG.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.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.
| WNDG.L | EYED.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.45 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.94 | 4.79 | +0.15 |
| Martin ratioReturn relative to average drawdown | 16.13 | 14.52 | +1.62 |
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
| WNDG.L | EYED.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | 2.60 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.17 | 0.67 | -0.84 |
Drawdowns
WNDG.L vs. EYED.L - Drawdown Comparison
The maximum WNDG.L drawdown since its inception was -52.03%, which is greater than EYED.L's maximum drawdown of -25.34%. Use the drawdown chart below to compare losses from any high point for WNDG.L and EYED.L.
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Drawdown Indicators
| WNDG.L | EYED.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.03% | -25.34% | -26.69% |
Max Drawdown (1Y)Largest decline over 1 year | -8.76% | -12.12% | +3.36% |
Max Drawdown (3Y)Largest decline over 3 years | -39.56% | -25.34% | -14.22% |
Current DrawdownCurrent decline from peak | -21.30% | -7.53% | -13.77% |
Average DrawdownAverage peak-to-trough decline | -28.82% | -8.26% | -20.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 4.01% | -1.32% |
Volatility
WNDG.L vs. EYED.L - Volatility Comparison
The current volatility for Global X Wind Energy UCITS ETF USD Accumulating (WNDG.L) is 4.77%, while iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.L) has a volatility of 8.43%. This indicates that WNDG.L experiences smaller price fluctuations and is considered to be less risky than EYED.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WNDG.L | EYED.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 8.43% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 13.61% | 18.97% | -5.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 22.35% | -2.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.70% | 21.02% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.70% | 21.02% | -0.32% |
WNDG.L vs. EYED.L - Expense Ratio Comparison
WNDG.L has a 0.50% expense ratio, which is higher than EYED.L's 0.18% expense ratio.
Dividends
WNDG.L vs. EYED.L - Dividend Comparison
WNDG.L has not paid dividends to shareholders, while EYED.L's dividend yield for the trailing twelve months is around 3.87%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) | 3.87% | 5.09% | 5.79% | 5.09% |
WNDG.L Global X Wind Energy UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WNDG.L and EYED.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EYED.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EYED.L is cheaper with a 0.18% expense ratio, compared with 0.50% for WNDG.L.
WNDG.L tracks S&P Global Clean Energy TR USD, while EYED.L tracks MSCI World/Energy NR USD. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for WNDG.L and 0.18% for EYED.L.
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