36BA.DE vs. RNRG

Last updated Apr 2, 2026

Compare and contrast key facts about L&G Battery Value-Chain UCITS ETF (36BA.DE) and Global X Funds Global X Renewable Energy Producers ETF (RNRG).

36BA.DE and RNRG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 36BA.DE is a passively managed fund by Legal & General that tracks the performance of the Solactive Battery Value-Chain Index. It was launched on Jan 29, 2018. RNRG is a passively managed fund by Global X that tracks the performance of the Indxx Renewable Energy Producers Index. It was launched on May 28, 2015. Both 36BA.DE and RNRG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

36BA.DE vs. RNRG - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G Battery Value-Chain UCITS ETF (36BA.DE) and Global X Funds Global X Renewable Energy Producers ETF (RNRG). The values are adjusted to include any dividend payments, if applicable.

36BA.DE vs. RNRG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
36BA.DE L&G Battery Value-Chain UCITS ETF	-1.13%	5.40%	0.20%	5.45%	-17.07%	-2.51%	7.23%
RNRG Global X Funds Global X Renewable Energy Producers ETF	13.33%	14.23%	-16.85%	-15.43%	-10.05%	-6.26%	29.45%

Different Trading Currencies

36BA.DE is traded in EUR, while RNRG is traded in USD. To make them comparable, the RNRG values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 36BA.DE achieves a -1.13% return, which is significantly lower than RNRG's 13.33% return.

36BA.DE

• 1D: 0.53%
• 1M: -1.29%
• YTD: -1.13%
• 6M: -0.75%
• 1Y: 2.13%
• 3Y*: 2.61%
• 5Y*: -1.51%
• 10Y*: —

RNRG

• 1D: 0.39%
• 1M: 0.93%
• YTD: 13.33%
• 6M: 16.89%
• 1Y: 38.01%
• 3Y*: -0.79%
• 5Y*: -3.55%
• 10Y*: 4.15%

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

36BA.DE vs. RNRG - Expense Ratio Comparison

36BA.DE has a 0.49% expense ratio, which is lower than RNRG's 0.65% expense ratio.

RNRG

Global X Funds Global X Renewable Energy Producers ETF

36BA.DE

L&G Battery Value-Chain UCITS ETF

Return for Risk

36BA.DE vs. RNRG — Risk / Return Rank

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

36BA.DE

36BA.DE Risk / Return Rank: 21
36BA.DE Sharpe Ratio Rank: 21
36BA.DE Sortino Ratio Rank: 19
36BA.DE Omega Ratio Rank: 19
36BA.DE Calmar Ratio Rank: 22
36BA.DE Martin Ratio Rank: 24

RNRG

RNRG Risk / Return Rank: 96
RNRG Sharpe Ratio Rank: 96
RNRG Sortino Ratio Rank: 96
RNRG Omega Ratio Rank: 95
RNRG Calmar Ratio Rank: 97
RNRG Martin Ratio Rank: 98

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.

36BA.DE vs. RNRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Battery Value-Chain UCITS ETF (36BA.DE) and Global X Funds Global X Renewable Energy Producers ETF (RNRG). 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.

	36BA.DE	RNRG	Difference
Sharpe ratio Return per unit of total volatility	0.37	2.22	-1.85
Sortino ratio Return per unit of downside risk	0.54	2.91	-2.37
Omega ratio Gain probability vs. loss probability	1.07	1.41	-0.34
Calmar ratio Return relative to maximum drawdown	0.56	4.62	-4.07
Martin ratio Return relative to average drawdown	2.07	19.79	-17.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

36BA.DE vs. RNRG - Sharpe Ratio Comparison

The current 36BA.DE Sharpe Ratio is 0.37, which is lower than the RNRG Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of 36BA.DE and RNRG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	36BA.DE	RNRG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	2.22	-1.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	-0.19	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.02	-0.13

Correlation

The correlation between 36BA.DE and RNRG is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

36BA.DE vs. RNRG - Dividend Comparison

36BA.DE's dividend yield for the trailing twelve months is around 4.79%, more than RNRG's 1.35% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
36BA.DE L&G Battery Value-Chain UCITS ETF	4.79%	4.73%	4.75%	4.15%	2.94%	1.76%	0.87%	0.00%	0.00%	0.00%	0.00%	0.00%
RNRG Global X Funds Global X Renewable Energy Producers ETF	1.35%	1.50%	1.48%	1.44%	1.15%	1.10%	3.16%	2.97%	5.22%	4.14%	5.02%	3.48%

Drawdowns

36BA.DE vs. RNRG - Drawdown Comparison

The maximum 36BA.DE drawdown since its inception was -23.68%, smaller than the maximum RNRG drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for 36BA.DE and RNRG.

Drawdown Indicators

	36BA.DE	RNRG	Difference
Max Drawdown Largest peak-to-trough decline	-23.68%	-58.79%	+35.11%
Max Drawdown (1Y) Largest decline over 1 year	-4.12%	-9.94%	+5.82%
Max Drawdown (5Y) Largest decline over 5 years	-23.18%	-52.17%	+28.99%
Max Drawdown (10Y) Largest decline over 10 years	—	-58.79%	—
Current Drawdown Current decline from peak	-11.24%	-33.95%	+22.71%
Average Drawdown Average peak-to-trough decline	-11.36%	-24.33%	+12.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	2.31%	-1.20%

Volatility

36BA.DE vs. RNRG - Volatility Comparison

The current volatility for L&G Battery Value-Chain UCITS ETF (36BA.DE) is 1.92%, while Global X Funds Global X Renewable Energy Producers ETF (RNRG) has a volatility of 5.28%. This indicates that 36BA.DE experiences smaller price fluctuations and is considered to be less risky than RNRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	36BA.DE	RNRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.92%	5.28%	-3.36%
Volatility (6M) Calculated over the trailing 6-month period	3.10%	11.11%	-8.01%
Volatility (1Y) Calculated over the trailing 1-year period	5.70%	17.53%	-11.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.06%	18.31%	-11.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.88%	18.84%	-11.96%