XDW0.L vs. ANRJ.L

Last updated Jun 5, 2026

XDW0.L (Xtrackers MSCI World Energy UCITS ETF 1C) and ANRJ.L (Amundi ETF MSCI Europe Energy UCITS ETF) are both Energy Equities funds tracking the MSCI World/Energy NR USD, from Xtrackers and Amundi respectively. Both are passively managed. Over the past 10 years, XDW0.L returned 9.43%/yr vs 15.38%/yr for ANRJ.L. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

XDW0.L vs. ANRJ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) and Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XDW0.L is traded in USD, while ANRJ.L is traded in GBp. To make them comparable, the ANRJ.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XDW0.L achieves a 30.91% return, which is significantly higher than ANRJ.L's 27.22% return. Over the past 10 years, XDW0.L has underperformed ANRJ.L with an annualized return of 9.43%, while ANRJ.L has yielded a comparatively higher 15.38% annualized return.

XDW0.L

• 1D: -0.57%
• 1M: -1.85%
• YTD: 30.91%
• 6M: 28.80%
• 1Y: 47.41%
• 3Y*: 18.78%
• 5Y*: 19.19%
• 10Y*: 9.43%

ANRJ.L

• 1D: -0.68%
• 1M: -2.28%
• YTD: 27.22%
• 6M: 26.62%
• 1Y: 64.65%
• 3Y*: 36.50%
• 5Y*: 27.41%
• 10Y*: 15.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDW0.L vs. ANRJ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XDW0.L Xtrackers MSCI World Energy UCITS ETF 1C	30.91%	14.66%	2.10%	3.69%	46.28%	39.22%	-30.39%	10.05%	-15.68%	5.34%
ANRJ.L Amundi ETF MSCI Europe Energy UCITS ETF	27.22%	54.07%	8.84%	15.58%	29.26%	25.37%	-25.74%	8.21%	-5.44%	20.02%

Correlation

The correlation between XDW0.L and ANRJ.L is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Mar 29, 2016	0.74

Over the past year, the correlation between XDW0.L and ANRJ.L has dropped to 0.04 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.

XDW0.L vs. ANRJ.L - Sectors Allocation Comparison

Sectors	XDW0.L	ANRJ.L
Energy	99.9%	-
Communication Services	0.1%	-
Basic Materials	-	25.7%
Consumer Cyclical	-	7.9%
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	44.4%
Real Estate	-	-
Technology	-	1.4%
Utilities	-	20.6%

Return for Risk

XDW0.L vs. ANRJ.L — Risk / Return Rank

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

XDW0.L

XDW0.L Risk / Return Rank: 73
XDW0.L Sharpe Ratio Rank: 77
XDW0.L Sortino Ratio Rank: 67
XDW0.L Omega Ratio Rank: 71
XDW0.L Calmar Ratio Rank: 77
XDW0.L Martin Ratio Rank: 70

ANRJ.L

ANRJ.L Risk / Return Rank: 95
ANRJ.L Sharpe Ratio Rank: 96
ANRJ.L Sortino Ratio Rank: 95
ANRJ.L Omega Ratio Rank: 94
ANRJ.L Calmar Ratio Rank: 95
ANRJ.L Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDW0.L vs. ANRJ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) and Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.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.

	XDW0.L	ANRJ.L	Difference
Sharpe ratio: Return per unit of total volatility	2.46	3.60	-1.14
Sortino ratio: Return per unit of downside risk	3.05	4.60	-1.56
Omega ratio: Gain probability vs. loss probability	1.42	1.58	-0.16
Calmar ratio: Return relative to maximum drawdown	3.89	6.50	-2.61
Martin ratio: Return relative to average drawdown	12.98	22.21	-9.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDW0.L vs. ANRJ.L - Sharpe Ratio Comparison

The current XDW0.L Sharpe Ratio is 2.46, which is lower than the ANRJ.L Sharpe Ratio of 3.60. The chart below compares the historical Sharpe Ratios of XDW0.L and ANRJ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XDW0.L	ANRJ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	3.60	-1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	1.16	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.58	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.40	-0.01

Drawdowns

XDW0.L vs. ANRJ.L - Drawdown Comparison

The maximum XDW0.L drawdown since its inception was -63.72%, roughly equal to the maximum ANRJ.L drawdown of -61.99%. Use the drawdown chart below to compare losses from any high point for XDW0.L and ANRJ.L.

Drawdown Indicators

	XDW0.L	ANRJ.L	Difference
Max Drawdown Largest peak-to-trough decline	-63.72%	-61.99%	-1.73%
Max Drawdown (1Y) Largest decline over 1 year	-12.14%	-9.90%	-2.24%
Max Drawdown (3Y) Largest decline over 3 years	-18.90%	-15.08%	-3.82%
Max Drawdown (5Y) Largest decline over 5 years	-26.47%	-24.35%	-2.12%
Max Drawdown (10Y) Largest decline over 10 years	-63.72%	-61.99%	-1.73%
Current Drawdown Current decline from peak	-6.03%	-4.68%	-1.35%
Average Drawdown Average peak-to-trough decline	-12.31%	-15.47%	+3.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	2.90%	+0.74%

Volatility

XDW0.L vs. ANRJ.L - Volatility Comparison

Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) and Amundi ETF MSCI Europe Energy UCITS ETF (ANRJ.L) have volatilities of 7.38% and 7.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDW0.L	ANRJ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.38%	7.34%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	16.33%	14.65%	+1.68%
Volatility (1Y) Calculated over the trailing 1-year period	19.23%	17.91%	+1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.24%	23.64%	+0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.16%	26.52%	-0.36%

XDW0.L vs. ANRJ.L - Expense Ratio Comparison

Both XDW0.L and ANRJ.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

XDW0.L vs. ANRJ.L - Dividend Comparison

Neither XDW0.L nor ANRJ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDW0.L and ANRJ.L in my portfolio?

XDW0.L and ANRJ.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDW0.L or ANRJ.L?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDW0.L or ANRJ.L?

XDW0.L and ANRJ.L have the same expense ratio: 0.25% per year.

What is the main difference between XDW0.L and ANRJ.L?

Both ETFs track MSCI World/Energy NR USD. They also come from different issuers: Xtrackers and Amundi.