5MVW.DE vs. WRNW.DE
5MVW.DE (iShares MSCI World Energy Sector UCITS ETF USD (Dist)) and WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) are both Energy Equities funds - 5MVW.DE tracks the MSCI World Energy while WRNW.DE tracks the WisdomTree Renewable Energy. Both are passively managed. Over the past year, 5MVW.DE returned 44.89% vs 107.60% for WRNW.DE. At a 0.18 correlation, their price movements are largely independent. 5MVW.DE charges 0.18%/yr vs 0.45%/yr for WRNW.DE.
Performance
5MVW.DE vs. WRNW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 5MVW.DE achieves a 32.79% return, which is significantly higher than WRNW.DE's 30.17% return.
5MVW.DE
- 1D
- -0.61%
- 1M
- 3.30%
- YTD
- 32.79%
- 6M
- 28.70%
- 1Y
- 44.89%
- 3Y*
- 15.65%
- 5Y*
- 20.31%
- 10Y*
- —
WRNW.DE
- 1D
- -2.37%
- 1M
- 3.73%
- YTD
- 30.17%
- 6M
- 29.38%
- 1Y
- 107.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
5MVW.DE vs. WRNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
5MVW.DE iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 32.79% | 2.17% | 7.57% | 5.65% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 30.17% | 51.49% | -23.68% | -12.62% |
Correlation
The correlation between 5MVW.DE and WRNW.DE 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 (All Time) Calculated using the full available price history since Jun 13, 2023 | 0.18 |
The correlation between 5MVW.DE and WRNW.DE shifts across timeframes, from -0.04 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
5MVW.DE vs. WRNW.DE — Risk / Return Rank
5MVW.DE
WRNW.DE
5MVW.DE vs. WRNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Energy Sector UCITS ETF USD (Dist) (5MVW.DE) and WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE). 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.
| 5MVW.DE | WRNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.52 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.97 | 7.07 | -4.10 |
| Martin ratioReturn relative to average drawdown | 9.81 | 23.97 | -14.16 |
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
| 5MVW.DE | WRNW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 3.54 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.37 | +0.08 |
Drawdowns
5MVW.DE vs. WRNW.DE - Drawdown Comparison
The maximum 5MVW.DE drawdown since its inception was -56.87%, which is greater than WRNW.DE's maximum drawdown of -49.14%. Use the drawdown chart below to compare losses from any high point for 5MVW.DE and WRNW.DE.
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Drawdown Indicators
| 5MVW.DE | WRNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.87% | -49.14% | -7.73% |
Max Drawdown (1Y)Largest decline over 1 year | -15.05% | -15.04% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -23.76% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.76% | — | — |
Current DrawdownCurrent decline from peak | -7.49% | -4.04% | -3.45% |
Average DrawdownAverage peak-to-trough decline | -13.53% | -20.88% | +7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.56% | 4.44% | +0.12% |
Volatility
5MVW.DE vs. WRNW.DE - Volatility Comparison
The current volatility for iShares MSCI World Energy Sector UCITS ETF USD (Dist) (5MVW.DE) is 6.76%, while WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a volatility of 10.28%. This indicates that 5MVW.DE experiences smaller price fluctuations and is considered to be less risky than WRNW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 5MVW.DE | WRNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 10.28% | -3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 18.33% | 19.33% | -1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.33% | 30.01% | -8.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.99% | 26.02% | -2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.20% | 26.02% | +3.18% |
5MVW.DE vs. WRNW.DE - Expense Ratio Comparison
5MVW.DE has a 0.18% expense ratio, which is lower than WRNW.DE's 0.45% expense ratio.
Dividends
5MVW.DE vs. WRNW.DE - Dividend Comparison
5MVW.DE's dividend yield for the trailing twelve months is around 2.48%, while WRNW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
5MVW.DE iShares MSCI World Energy Sector UCITS ETF USD (Dist) | 2.48% | 3.29% | 3.54% | 3.64% | 3.41% | 3.49% | 5.08% | 0.63% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
5MVW.DE and WRNW.DE 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.
On fees, 5MVW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
5MVW.DE is cheaper with a 0.18% expense ratio, compared with 0.45% for WRNW.DE.
5MVW.DE tracks MSCI World Energy, while WRNW.DE tracks WisdomTree Renewable Energy. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.18% for 5MVW.DE and 0.45% for WRNW.DE.
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