XLEP.L vs. WENS.L
Compare and contrast key facts about Invesco US Energy Sector UCITS ETF (XLEP.L) and iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L).
XLEP.L and WENS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLEP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Energy NR USD. It was launched on Dec 16, 2009. WENS.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Energy NR USD. It was launched on Oct 17, 2019. Both XLEP.L and WENS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XLEP.L or WENS.L.
Key characteristics
| XLEP.L | WENS.L | |
|---|---|---|
| YTD Return | 13.55% | 7.63% |
| 1Y Return | 10.34% | 2.78% |
| Sharpe Ratio | 0.59 | 0.22 |
| Sortino Ratio | 0.93 | 0.40 |
| Omega Ratio | 1.11 | 1.05 |
| Calmar Ratio | 0.55 | 0.18 |
| Martin Ratio | 1.35 | 0.44 |
| Ulcer Index | 8.34% | 8.27% |
| Daily Std Dev | 18.83% | 16.81% |
| Max Drawdown | -63.35% | -23.13% |
| Current Drawdown | -5.15% | -9.77% |
Correlation
The correlation between XLEP.L and WENS.L is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XLEP.L vs. WENS.L - Performance Comparison
In the year-to-date period, XLEP.L achieves a 13.55% return, which is significantly higher than WENS.L's 7.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XLEP.L vs. WENS.L - Expense Ratio Comparison
XLEP.L has a 0.14% expense ratio, which is lower than WENS.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XLEP.L vs. WENS.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US Energy Sector UCITS ETF (XLEP.L) and iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.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.
Dividends
XLEP.L vs. WENS.L - Dividend Comparison
XLEP.L has not paid dividends to shareholders, while WENS.L's dividend yield for the trailing twelve months is around 3.24%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
XLEP.L Invesco US Energy Sector UCITS ETF | 0.00% | 0.00% | 0.00% |
WENS.L iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 3.24% | 3.61% | 1.77% |
Drawdowns
XLEP.L vs. WENS.L - Drawdown Comparison
The maximum XLEP.L drawdown since its inception was -63.35%, which is greater than WENS.L's maximum drawdown of -23.13%. Use the drawdown chart below to compare losses from any high point for XLEP.L and WENS.L. For additional features, visit the drawdowns tool.
Volatility
XLEP.L vs. WENS.L - Volatility Comparison
Invesco US Energy Sector UCITS ETF (XLEP.L) has a higher volatility of 4.86% compared to iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) at 4.33%. This indicates that XLEP.L's price experiences larger fluctuations and is considered to be riskier than WENS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.