WUTI.AS vs. EXCS.L
WUTI.AS (SPDR MSCI World Utilities UCITS ETF) and EXCS.L (iShares MSCI EM ex-China UCITS ETF USD (Acc)) are both exchange-traded funds - WUTI.AS is a Utilities Equities fund tracking the MSCI World/Utilities NR USD, while EXCS.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 3 years, WUTI.AS returned 11.62%/yr vs 24.71%/yr for EXCS.L. At a 0.22 correlation, their price movements are largely independent. WUTI.AS charges 0.30%/yr vs 0.18%/yr for EXCS.L.
Performance
WUTI.AS vs. EXCS.L - Performance Comparison
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Different Trading Currencies
WUTI.AS is traded in EUR, while EXCS.L is traded in GBP. To make them comparable, the EXCS.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WUTI.AS achieves a 5.41% return, which is significantly lower than EXCS.L's 40.01% return.
WUTI.AS
- 1D
- -1.57%
- 1M
- -5.07%
- YTD
- 5.41%
- 6M
- 4.50%
- 1Y
- 12.22%
- 3Y*
- 11.62%
- 5Y*
- 9.79%
- 10Y*
- 8.29%
EXCS.L
- 1D
- -1.73%
- 1M
- 8.73%
- YTD
- 40.01%
- 6M
- 44.58%
- 1Y
- 69.09%
- 3Y*
- 24.71%
- 5Y*
- —
- 10Y*
- —
WUTI.AS vs. EXCS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WUTI.AS SPDR MSCI World Utilities UCITS ETF | 5.41% | 11.17% | 20.70% | -3.59% | 2.39% | 5.40% |
EXCS.L iShares MSCI EM ex-China UCITS ETF USD (Acc) | 40.01% | 19.55% | 10.64% | 13.30% | -13.15% | 3.95% |
Correlation
The correlation between WUTI.AS and EXCS.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2021 | 0.22 |
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Return for Risk
WUTI.AS vs. EXCS.L — Risk / Return Rank
WUTI.AS
EXCS.L
WUTI.AS vs. EXCS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Utilities UCITS ETF (WUTI.AS) and iShares MSCI EM ex-China UCITS ETF USD (Acc) (EXCS.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.
| WUTI.AS | EXCS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.50 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.62 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 5.72 | -4.04 |
| Martin ratioReturn relative to average drawdown | 4.58 | 21.71 | -17.13 |
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
| WUTI.AS | EXCS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 3.49 | -2.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.96 | -0.54 |
Drawdowns
WUTI.AS vs. EXCS.L - Drawdown Comparison
The maximum WUTI.AS drawdown since its inception was -33.51%, which is greater than EXCS.L's maximum drawdown of -18.63%. Use the drawdown chart below to compare losses from any high point for WUTI.AS and EXCS.L.
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Drawdown Indicators
| WUTI.AS | EXCS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.51% | -18.63% | -14.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.21% | -12.02% | +4.81% |
Max Drawdown (3Y)Largest decline over 3 years | -12.60% | -18.63% | +6.03% |
Max Drawdown (5Y)Largest decline over 5 years | -22.99% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.51% | — | — |
Current DrawdownCurrent decline from peak | -7.14% | -2.51% | -4.63% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -6.03% | -1.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 3.17% | -0.52% |
Volatility
WUTI.AS vs. EXCS.L - Volatility Comparison
The current volatility for SPDR MSCI World Utilities UCITS ETF (WUTI.AS) is 4.31%, while iShares MSCI EM ex-China UCITS ETF USD (Acc) (EXCS.L) has a volatility of 8.74%. This indicates that WUTI.AS experiences smaller price fluctuations and is considered to be less risky than EXCS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WUTI.AS | EXCS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 8.74% | -4.43% |
Volatility (6M)Calculated over the trailing 6-month period | 9.99% | 16.96% | -6.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 19.67% | -7.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.14% | 15.89% | -1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.42% | 15.89% | +0.53% |
WUTI.AS vs. EXCS.L - Expense Ratio Comparison
WUTI.AS has a 0.30% expense ratio, which is higher than EXCS.L's 0.18% expense ratio.
Dividends
WUTI.AS vs. EXCS.L - Dividend Comparison
Neither WUTI.AS nor EXCS.L has paid dividends to shareholders.
Frequently Asked Questions
WUTI.AS and EXCS.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXCS.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXCS.L is cheaper with a 0.18% expense ratio, compared with 0.30% for WUTI.AS.
WUTI.AS is categorized as Utilities Equities, while EXCS.L is Emerging Markets Equities. WUTI.AS tracks MSCI World/Utilities NR USD, while EXCS.L tracks MSCI EM NR USD. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for WUTI.AS and 0.18% for EXCS.L.
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