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WNDY vs. TAN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WNDY and TAN is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

WNDY vs. TAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Wind Energy ETF (WNDY) and Invesco Solar ETF (TAN). The values are adjusted to include any dividend payments, if applicable.

-70.00%-65.00%-60.00%-55.00%-50.00%-45.00%NovemberDecember2025FebruaryMarchApril
-53.35%
-65.43%
WNDY
TAN

Key characteristics

Sharpe Ratio

WNDY:

-0.18

TAN:

-0.69

Sortino Ratio

WNDY:

-0.06

TAN:

-0.85

Omega Ratio

WNDY:

0.99

TAN:

0.91

Calmar Ratio

WNDY:

-0.08

TAN:

-0.31

Martin Ratio

WNDY:

-0.29

TAN:

-1.11

Ulcer Index

WNDY:

16.23%

TAN:

24.36%

Daily Std Dev

WNDY:

27.19%

TAN:

39.09%

Max Drawdown

WNDY:

-62.78%

TAN:

-95.29%

Current Drawdown

WNDY:

-58.35%

TAN:

-86.68%

Returns By Period

In the year-to-date period, WNDY achieves a 2.97% return, which is significantly higher than TAN's -12.44% return.


WNDY

YTD

2.97%

1M

-4.41%

6M

-13.56%

1Y

-5.03%

5Y*

N/A

10Y*

N/A

TAN

YTD

-12.44%

1M

-9.74%

6M

-21.68%

1Y

-27.70%

5Y*

0.58%

10Y*

-4.05%

*Annualized

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WNDY vs. TAN - Expense Ratio Comparison

WNDY has a 0.50% expense ratio, which is lower than TAN's 0.69% expense ratio.


Expense ratio chart for TAN: current value is 0.69%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TAN: 0.69%
Expense ratio chart for WNDY: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
WNDY: 0.50%

Risk-Adjusted Performance

WNDY vs. TAN — Risk-Adjusted Performance Rank

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

WNDY
The Risk-Adjusted Performance Rank of WNDY is 1515
Overall Rank
The Sharpe Ratio Rank of WNDY is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of WNDY is 1515
Sortino Ratio Rank
The Omega Ratio Rank of WNDY is 1414
Omega Ratio Rank
The Calmar Ratio Rank of WNDY is 1717
Calmar Ratio Rank
The Martin Ratio Rank of WNDY is 1717
Martin Ratio Rank

TAN
The Risk-Adjusted Performance Rank of TAN is 44
Overall Rank
The Sharpe Ratio Rank of TAN is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of TAN is 22
Sortino Ratio Rank
The Omega Ratio Rank of TAN is 33
Omega Ratio Rank
The Calmar Ratio Rank of TAN is 77
Calmar Ratio Rank
The Martin Ratio Rank of TAN is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WNDY vs. TAN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Wind Energy ETF (WNDY) and Invesco Solar ETF (TAN). 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.


The chart of Sharpe ratio for WNDY, currently valued at -0.18, compared to the broader market-1.000.001.002.003.004.00
WNDY: -0.18
TAN: -0.69
The chart of Sortino ratio for WNDY, currently valued at -0.06, compared to the broader market-2.000.002.004.006.008.00
WNDY: -0.06
TAN: -0.85
The chart of Omega ratio for WNDY, currently valued at 0.99, compared to the broader market0.501.001.502.002.50
WNDY: 0.99
TAN: 0.91
The chart of Calmar ratio for WNDY, currently valued at -0.08, compared to the broader market0.002.004.006.008.0010.0012.00
WNDY: -0.08
TAN: -0.37
The chart of Martin ratio for WNDY, currently valued at -0.29, compared to the broader market0.0020.0040.0060.00
WNDY: -0.29
TAN: -1.11

The current WNDY Sharpe Ratio is -0.18, which is higher than the TAN Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of WNDY and TAN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.00NovemberDecember2025FebruaryMarchApril
-0.18
-0.69
WNDY
TAN

Dividends

WNDY vs. TAN - Dividend Comparison

WNDY's dividend yield for the trailing twelve months is around 1.25%, more than TAN's 0.57% yield.


TTM20242023202220212020201920182017201620152014
WNDY
Global X Wind Energy ETF
1.25%1.29%1.40%0.71%0.05%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TAN
Invesco Solar ETF
0.57%0.50%0.09%0.00%0.00%0.09%0.30%0.70%1.77%5.04%1.60%1.88%

Drawdowns

WNDY vs. TAN - Drawdown Comparison

The maximum WNDY drawdown since its inception was -62.78%, smaller than the maximum TAN drawdown of -95.29%. Use the drawdown chart below to compare losses from any high point for WNDY and TAN. For additional features, visit the drawdowns tool.


-70.00%-65.00%-60.00%-55.00%-50.00%NovemberDecember2025FebruaryMarchApril
-58.35%
-70.98%
WNDY
TAN

Volatility

WNDY vs. TAN - Volatility Comparison

The current volatility for Global X Wind Energy ETF (WNDY) is 11.12%, while Invesco Solar ETF (TAN) has a volatility of 15.54%. This indicates that WNDY experiences smaller price fluctuations and is considered to be less risky than TAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
11.12%
15.54%
WNDY
TAN