WNDY.L vs. LGGL.L
WNDY.L (Global X Wind Energy UCITS ETF USD (Acc)) and LGGL.L (L&G Global Equity UCITS ETF) are both Global Equities funds - WNDY.L tracks the Solactive Wind Energy v2 Index while LGGL.L tracks the Solactive Core Developed Markets Large & Mid Cap USD Index NTR. Both are passively managed. Over the past 3 years, WNDY.L returned -1.62%/yr vs 18.55%/yr for LGGL.L. A 0.50 correlation means they provide meaningful diversification when combined. WNDY.L charges 0.50%/yr vs 0.10%/yr for LGGL.L.
Performance
WNDY.L vs. LGGL.L - Performance Comparison
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Returns By Period
In the year-to-date period, WNDY.L achieves a 0.09% return, which is significantly lower than LGGL.L's 9.10% return.
WNDY.L
- 1D
- -0.62%
- 1M
- -10.14%
- 6M
- -7.15%
- YTD
- 0.09%
- 1Y
- 16.74%
- 3Y*
- -1.62%
- 5Y*
- —
- 10Y*
- —
LGGL.L
- 1D
- -1.06%
- 1M
- -0.66%
- 6M
- 7.46%
- YTD
- 9.10%
- 1Y
- 20.45%
- 3Y*
- 18.55%
- 5Y*
- 11.57%
- 10Y*
- —
WNDY.L vs. LGGL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WNDY.L Global X Wind Energy UCITS ETF USD (Acc) | 0.09% | 32.58% | -20.21% | -19.30% | -12.05% |
LGGL.L L&G Global Equity UCITS ETF | 9.10% | 21.18% | 19.20% | 25.02% | -13.68% |
Correlation
The correlation between WNDY.L and LGGL.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2022 | 0.50 |
The correlation between WNDY.L and LGGL.L has been stable across timeframes, ranging from 0.45 to 0.50 - a consistent structural relationship.
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Return for Risk
WNDY.L vs. LGGL.L — Risk / Return Rank
WNDY.L
LGGL.L
WNDY.L vs. LGGL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Wind Energy UCITS ETF USD (Acc) (WNDY.L) and L&G Global Equity UCITS ETF (LGGL.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.
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.
| WNDY.L | LGGL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.30 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | 2.42 | -1.67 |
| Martin ratioReturn relative to average drawdown | 2.49 | 9.97 | -7.48 |
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Drawdowns
WNDY.L vs. LGGL.L - Drawdown Comparison
The maximum WNDY.L drawdown since its inception was -52.51%, which is greater than LGGL.L's maximum drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for WNDY.L and LGGL.L.
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Drawdown Indicators
| WNDY.L | LGGL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.51% | -33.89% | -18.62% |
Max Drawdown (1Y)Largest decline over 1 year | -22.39% | -8.42% | -13.97% |
Max Drawdown (3Y)Largest decline over 3 years | -35.99% | -17.79% | -18.20% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.76% | — |
Current DrawdownCurrent decline from peak | -29.90% | -1.17% | -28.73% |
Average DrawdownAverage peak-to-trough decline | -30.23% | -4.91% | -25.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.72% | 2.05% | +4.67% |
Volatility
WNDY.L vs. LGGL.L - Volatility Comparison
Global X Wind Energy UCITS ETF USD (Acc) (WNDY.L) has a higher volatility of 8.14% compared to L&G Global Equity UCITS ETF (LGGL.L) at 3.00%. This indicates that WNDY.L's price experiences larger fluctuations and is considered to be riskier than LGGL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WNDY.L | LGGL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.14% | 3.00% | +5.14% |
Volatility (6M)Calculated over the trailing 6-month period | 17.06% | 9.89% | +7.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.41% | 12.31% | +10.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.08% | 15.65% | +7.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 17.10% | +5.98% |
WNDY.L vs. LGGL.L - Expense Ratio Comparison
WNDY.L has a 0.50% expense ratio, which is higher than LGGL.L's 0.10% expense ratio.
Dividends
WNDY.L vs. LGGL.L - Dividend Comparison
Neither WNDY.L nor LGGL.L has paid dividends to shareholders.
Frequently Asked Questions
WNDY.L and LGGL.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LGGL.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LGGL.L is cheaper with a 0.10% expense ratio, compared with 0.50% for WNDY.L.
WNDY.L tracks Solactive Wind Energy v2 Index, while LGGL.L tracks Solactive Core Developed Markets Large & Mid Cap USD Index NTR. They also come from different issuers: Global X and L&G. Their fees differ too: 0.50% for WNDY.L and 0.10% for LGGL.L.
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