WNDY.L vs. SMH.L
WNDY.L (Global X Wind Energy UCITS ETF USD Acc) and SMH.L (VanEck Semiconductor UCITS ETF) are both exchange-traded funds - WNDY.L is a Global Equities fund tracking the Global X Wind Energy UCITS ETF USD Acc, while SMH.L is a Semiconductors fund tracking the MarketVector US Listed Semiconductor 10% Capped Screened Index. Both are passively managed. Over the past 3 years, WNDY.L returned -1.37%/yr vs 54.24%/yr for SMH.L. At a 0.39 correlation, their price movements are largely independent. WNDY.L charges 0.50%/yr vs 0.35%/yr for SMH.L.
Performance
WNDY.L vs. SMH.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WNDY.L achieves a 1.27% return, which is significantly lower than SMH.L's 76.50% return.
WNDY.L
- 1D
- -0.25%
- 1M
- -8.64%
- 6M
- -5.98%
- YTD
- 1.27%
- 1Y
- 16.65%
- 3Y*
- -1.37%
- 5Y*
- —
- 10Y*
- —
SMH.L
- 1D
- -3.48%
- 1M
- -8.87%
- 6M
- 62.90%
- YTD
- 76.50%
- 1Y
- 124.23%
- 3Y*
- 54.24%
- 5Y*
- 35.65%
- 10Y*
- —
WNDY.L vs. SMH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WNDY.L Global X Wind Energy UCITS ETF USD Acc | 1.27% | 32.58% | -20.21% | -19.30% | -12.05% |
SMH.L VanEck Semiconductor UCITS ETF | 76.50% | 49.20% | 24.11% | 75.94% | -27.61% |
Correlation
The correlation between WNDY.L and SMH.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2022 | 0.39 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WNDY.L vs. SMH.L — Risk / Return Rank
WNDY.L
SMH.L
WNDY.L vs. SMH.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 VanEck Semiconductor UCITS ETF (SMH.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 | SMH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.47 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | 8.88 | -8.10 |
| Martin ratioReturn relative to average drawdown | 2.59 | 27.77 | -25.18 |
Loading charts...
Drawdowns
WNDY.L vs. SMH.L - Drawdown Comparison
The maximum WNDY.L drawdown since its inception was -52.51%, which is greater than SMH.L's maximum drawdown of -45.38%. Use the drawdown chart below to compare losses from any high point for WNDY.L and SMH.L.
Loading charts...
Drawdown Indicators
| WNDY.L | SMH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.51% | -45.38% | -7.13% |
Max Drawdown (1Y)Largest decline over 1 year | -21.77% | -13.91% | -7.86% |
Max Drawdown (3Y)Largest decline over 3 years | -35.99% | -36.25% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.38% | — |
Current DrawdownCurrent decline from peak | -29.07% | -11.91% | -17.16% |
Average DrawdownAverage peak-to-trough decline | -30.23% | -11.12% | -19.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.56% | 4.46% | +2.10% |
Volatility
WNDY.L vs. SMH.L - Volatility Comparison
The current volatility for Global X Wind Energy UCITS ETF USD Acc (WNDY.L) is 8.27%, while VanEck Semiconductor UCITS ETF (SMH.L) has a volatility of 16.26%. This indicates that WNDY.L experiences smaller price fluctuations and is considered to be less risky than SMH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WNDY.L | SMH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 16.26% | -7.99% |
Volatility (6M)Calculated over the trailing 6-month period | 17.03% | 30.80% | -13.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.39% | 36.96% | -14.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.08% | 33.56% | -10.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 32.93% | -9.85% |
WNDY.L vs. SMH.L - Expense Ratio Comparison
WNDY.L has a 0.50% expense ratio, which is higher than SMH.L's 0.35% expense ratio.
Dividends
WNDY.L vs. SMH.L - Dividend Comparison
Neither WNDY.L nor SMH.L has paid dividends to shareholders.
Frequently Asked Questions
WNDY.L and SMH.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SMH.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMH.L is cheaper with a 0.35% expense ratio, compared with 0.50% for WNDY.L.
WNDY.L is categorized as Global Equities, while SMH.L is Semiconductors. WNDY.L tracks Global X Wind Energy UCITS ETF USD Acc, while SMH.L tracks MarketVector US Listed Semiconductor 10% Capped Screened Index. They also come from different issuers: Global X and VanEck. Their fees differ too: 0.50% for WNDY.L and 0.35% for SMH.L.
Find the right allocation for WNDY.L and SMH.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer