WPEA.PA vs. EXXY.DE
WPEA.PA (iShares MSCI World Swap PEA UCITS ETF) and EXXY.DE (iShares Diversified Commodity Swap UCITS ETF (DE)) are both exchange-traded funds - WPEA.PA is a Global Equities fund tracking the MSCI World NET TR EUR Index, while EXXY.DE is a Commodities fund tracking the Bloomberg Commodity. Both are passively managed. Over the past year, WPEA.PA returned 23.56% vs 33.55% for EXXY.DE. At a 0.10 correlation, their price movements are largely independent. WPEA.PA charges 0.25%/yr vs 0.46%/yr for EXXY.DE.
Performance
WPEA.PA vs. EXXY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WPEA.PA achieves a 11.02% return, which is significantly lower than EXXY.DE's 23.43% return.
WPEA.PA
- 1D
- -0.06%
- 1M
- 3.63%
- YTD
- 11.02%
- 6M
- 10.90%
- 1Y
- 23.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EXXY.DE
- 1D
- -1.47%
- 1M
- -0.31%
- YTD
- 23.43%
- 6M
- 22.49%
- 1Y
- 33.55%
- 3Y*
- 11.64%
- 5Y*
- 11.46%
- 10Y*
- 5.66%
WPEA.PA vs. EXXY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WPEA.PA iShares MSCI World Swap PEA UCITS ETF | 11.02% | 6.89% | 14.51% |
EXXY.DE iShares Diversified Commodity Swap UCITS ETF (DE) | 23.43% | 3.90% | 4.63% |
Correlation
The correlation between WPEA.PA and EXXY.DE is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2024 | 0.10 |
The correlation between WPEA.PA and EXXY.DE shifts across timeframes, from -0.07 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WPEA.PA vs. EXXY.DE — Risk / Return Rank
WPEA.PA
EXXY.DE
WPEA.PA vs. EXXY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Swap PEA UCITS ETF (WPEA.PA) and iShares Diversified Commodity Swap UCITS ETF (DE) (EXXY.DE). 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.
| WPEA.PA | EXXY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.32 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 3.78 | -0.21 |
| Martin ratioReturn relative to average drawdown | 14.20 | 8.41 | +5.79 |
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
| WPEA.PA | EXXY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 1.78 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.02 | +1.01 |
Drawdowns
WPEA.PA vs. EXXY.DE - Drawdown Comparison
The maximum WPEA.PA drawdown since its inception was -21.59%, smaller than the maximum EXXY.DE drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for WPEA.PA and EXXY.DE.
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Drawdown Indicators
| WPEA.PA | EXXY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.59% | -65.58% | +43.99% |
Max Drawdown (1Y)Largest decline over 1 year | -6.53% | -8.95% | +2.42% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.31% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.54% | — |
Current DrawdownCurrent decline from peak | -0.37% | -16.97% | +16.60% |
Average DrawdownAverage peak-to-trough decline | -3.02% | -40.08% | +37.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 4.03% | -2.38% |
Volatility
WPEA.PA vs. EXXY.DE - Volatility Comparison
The current volatility for iShares MSCI World Swap PEA UCITS ETF (WPEA.PA) is 2.59%, while iShares Diversified Commodity Swap UCITS ETF (DE) (EXXY.DE) has a volatility of 5.99%. This indicates that WPEA.PA experiences smaller price fluctuations and is considered to be less risky than EXXY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPEA.PA | EXXY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 5.99% | -3.40% |
Volatility (6M)Calculated over the trailing 6-month period | 7.55% | 16.80% | -9.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.88% | 18.98% | -8.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 17.55% | -2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.57% | 15.32% | -0.75% |
WPEA.PA vs. EXXY.DE - Expense Ratio Comparison
WPEA.PA has a 0.25% expense ratio, which is lower than EXXY.DE's 0.46% expense ratio.
Dividends
WPEA.PA vs. EXXY.DE - Dividend Comparison
Neither WPEA.PA nor EXXY.DE has paid dividends to shareholders.
Frequently Asked Questions
WPEA.PA and EXXY.DE 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.
On fees, WPEA.PA is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WPEA.PA is cheaper with a 0.25% expense ratio, compared with 0.46% for EXXY.DE.
WPEA.PA is categorized as Global Equities, while EXXY.DE is Commodities. WPEA.PA tracks MSCI World NET TR EUR Index, while EXXY.DE tracks Bloomberg Commodity. Their fees differ too: 0.25% for WPEA.PA and 0.46% for EXXY.DE.
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