CEMR.DE vs. WRNW.DE
CEMR.DE (iShares Edge MSCI Europe Momentum Factor UCITS ETF) and WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) are both exchange-traded funds - CEMR.DE is a Momentum fund tracking the MSCI Europe Momentum Index, while WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy. Both are passively managed. Over the past year, CEMR.DE returned 21.56% vs 105.32% for WRNW.DE. At a 0.43 correlation, their price movements are largely independent. CEMR.DE charges 0.25%/yr vs 0.45%/yr for WRNW.DE.
Performance
CEMR.DE vs. WRNW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CEMR.DE achieves a 9.13% return, which is significantly lower than WRNW.DE's 30.17% return.
CEMR.DE
- 1D
- 1.92%
- 1M
- 2.19%
- YTD
- 9.13%
- 6M
- 12.45%
- 1Y
- 21.56%
- 3Y*
- 20.31%
- 5Y*
- 11.56%
- 10Y*
- 12.09%
WRNW.DE
- 1D
- -2.37%
- 1M
- -0.05%
- YTD
- 30.17%
- 6M
- 31.80%
- 1Y
- 105.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEMR.DE vs. WRNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CEMR.DE iShares Edge MSCI Europe Momentum Factor UCITS ETF | 9.13% | 27.25% | 20.02% | 5.65% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 30.17% | 51.49% | -23.68% | -11.96% |
Correlation
The correlation between CEMR.DE and WRNW.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023 | 0.43 |
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Return for Risk
CEMR.DE vs. WRNW.DE — Risk / Return Rank
CEMR.DE
WRNW.DE
CEMR.DE vs. WRNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CEMR.DE | WRNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.35 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.52 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 7.07 | -5.30 |
| Martin ratioReturn relative to average drawdown | 6.68 | 23.97 | -17.29 |
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Drawdowns
CEMR.DE vs. WRNW.DE - Drawdown Comparison
The maximum CEMR.DE drawdown since its inception was -31.80%, smaller than the maximum WRNW.DE drawdown of -49.14%. Use the drawdown chart below to compare losses from any high point for CEMR.DE and WRNW.DE.
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Drawdown Indicators
| CEMR.DE | WRNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.80% | -49.14% | +17.34% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -15.04% | +3.29% |
Max Drawdown (3Y)Largest decline over 3 years | -15.72% | -49.14% | +33.42% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.80% | — | — |
Current DrawdownCurrent decline from peak | -0.31% | -4.04% | +3.73% |
Average DrawdownAverage peak-to-trough decline | -6.02% | -20.86% | +14.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 4.44% | -1.33% |
Volatility
CEMR.DE vs. WRNW.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.DE) is 4.79%, while WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a volatility of 10.28%. This indicates that CEMR.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
| CEMR.DE | WRNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 10.28% | -5.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.87% | 19.33% | -4.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.46% | 30.01% | -12.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.43% | 26.01% | -9.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 26.01% | -9.53% |
CEMR.DE vs. WRNW.DE - Expense Ratio Comparison
CEMR.DE has a 0.25% expense ratio, which is lower than WRNW.DE's 0.45% expense ratio.
Dividends
CEMR.DE vs. WRNW.DE - Dividend Comparison
Neither CEMR.DE nor WRNW.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMR.DE and WRNW.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEMR.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEMR.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for WRNW.DE.
CEMR.DE is categorized as Momentum, while WRNW.DE is Energy Equities. CEMR.DE tracks MSCI Europe Momentum Index, while WRNW.DE tracks WisdomTree Renewable Energy. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.25% for CEMR.DE and 0.45% for WRNW.DE.
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