XSEN.L vs. ENGW.L
XSEN.L (Xtrackers MSCI USA Energy UCITS ETF 1D) and ENGW.L (SPDR MSCI World Energy UCITS ETF) are both Energy Equities funds tracking the MSCI World/Energy NR USD, from Xtrackers and State Street respectively. Both are passively managed. Over the past 3 years, XSEN.L returned 14.11%/yr vs 15.70%/yr for ENGW.L. With a 0.98 correlation, they move nearly in lockstep. XSEN.L charges 0.12%/yr vs 0.30%/yr for ENGW.L.
Performance
XSEN.L vs. ENGW.L - Performance Comparison
Loading charts...
Different Trading Currencies
XSEN.L is traded in GBp, while ENGW.L is traded in GBP. To make them comparable, the ENGW.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with XSEN.L having a 30.06% return and ENGW.L slightly higher at 30.79%.
XSEN.L
- 1D
- -0.32%
- 1M
- -0.61%
- YTD
- 30.06%
- 6M
- 28.04%
- 1Y
- 45.70%
- 3Y*
- 14.11%
- 5Y*
- 21.37%
- 10Y*
- —
ENGW.L
- 1D
- -0.52%
- 1M
- -0.82%
- YTD
- 30.79%
- 6M
- 28.06%
- 1Y
- 48.84%
- 3Y*
- 15.70%
- 5Y*
- —
- 10Y*
- —
XSEN.L vs. ENGW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XSEN.L Xtrackers MSCI USA Energy UCITS ETF 1D | 30.06% | 1.87% | 6.67% | -5.89% | 26.92% |
ENGW.L SPDR MSCI World Energy UCITS ETF | 30.79% | 7.20% | 3.55% | -2.06% | 20.65% |
Correlation
The correlation between XSEN.L and ENGW.L is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2022 | 0.98 |
The correlation between XSEN.L and ENGW.L has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSEN.L vs. ENGW.L — Risk / Return Rank
XSEN.L
ENGW.L
XSEN.L vs. ENGW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Energy UCITS ETF 1D (XSEN.L) and SPDR MSCI World Energy UCITS ETF (ENGW.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.
| XSEN.L | ENGW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.41 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 3.34 | -0.59 |
| Martin ratioReturn relative to average drawdown | 8.57 | 11.05 | -2.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XSEN.L | ENGW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 2.30 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.61 | -0.27 |
Drawdowns
XSEN.L vs. ENGW.L - Drawdown Comparison
The maximum XSEN.L drawdown since its inception was -62.46%, which is greater than ENGW.L's maximum drawdown of -21.65%. Use the drawdown chart below to compare losses from any high point for XSEN.L and ENGW.L.
Loading charts...
Drawdown Indicators
| XSEN.L | ENGW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.46% | -21.65% | -40.81% |
Max Drawdown (1Y)Largest decline over 1 year | -16.55% | -14.56% | -1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -23.22% | -21.40% | -1.82% |
Max Drawdown (5Y)Largest decline over 5 years | -24.04% | — | — |
Current DrawdownCurrent decline from peak | -9.31% | -7.57% | -1.74% |
Average DrawdownAverage peak-to-trough decline | -17.79% | -8.76% | -9.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.32% | 4.41% | +0.91% |
Volatility
XSEN.L vs. ENGW.L - Volatility Comparison
Xtrackers MSCI USA Energy UCITS ETF 1D (XSEN.L) has a higher volatility of 9.04% compared to SPDR MSCI World Energy UCITS ETF (ENGW.L) at 8.05%. This indicates that XSEN.L's price experiences larger fluctuations and is considered to be riskier than ENGW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSEN.L | ENGW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.04% | 8.05% | +0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 20.50% | 18.04% | +2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.79% | 21.21% | +2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.01% | 22.79% | +3.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.43% | 22.79% | +6.64% |
XSEN.L vs. ENGW.L - Expense Ratio Comparison
XSEN.L has a 0.12% expense ratio, which is lower than ENGW.L's 0.30% expense ratio.
Dividends
XSEN.L vs. ENGW.L - Dividend Comparison
XSEN.L's dividend yield for the trailing twelve months is around 2.08%, while ENGW.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ENGW.L SPDR MSCI World Energy UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSEN.L Xtrackers MSCI USA Energy UCITS ETF 1D | 2.08% | 2.70% | 2.70% | 3.24% | 3.69% | 3.27% | 7.11% | 2.78% |
Frequently Asked Questions
With a correlation of 0.97, XSEN.L and ENGW.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XSEN.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSEN.L is cheaper with a 0.12% expense ratio, compared with 0.30% for ENGW.L.
Both ETFs track MSCI World/Energy NR USD. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.12% for XSEN.L and 0.30% for ENGW.L.
Find the right allocation for XSEN.L and ENGW.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer