ETLS.DE vs. RENW.DE
ETLS.DE (L&G US Equity UCITS ETF) and RENW.DE (L&G Clean Energy UCITS ETF) are both exchange-traded funds - ETLS.DE is a Large Cap Blend Equities fund tracking the Solactive Core United States Large & Mid Cap, while RENW.DE is a Energy Equities fund tracking the Solactive Clean Energy. Both are passively managed. Over the past 5 years, ETLS.DE returned 14.64%/yr vs 9.15%/yr for RENW.DE. A 0.59 correlation means they provide meaningful diversification when combined. ETLS.DE charges 0.05%/yr vs 0.49%/yr for RENW.DE.
Performance
ETLS.DE vs. RENW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETLS.DE achieves a 11.28% return, which is significantly lower than RENW.DE's 43.00% return.
ETLS.DE
- 1D
- -0.11%
- 1M
- 5.49%
- YTD
- 11.28%
- 6M
- 11.23%
- 1Y
- 25.64%
- 3Y*
- 19.26%
- 5Y*
- 14.64%
- 10Y*
- —
RENW.DE
- 1D
- -1.77%
- 1M
- 4.66%
- YTD
- 43.00%
- 6M
- 41.09%
- 1Y
- 80.00%
- 3Y*
- 15.60%
- 5Y*
- 9.15%
- 10Y*
- —
ETLS.DE vs. RENW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ETLS.DE L&G US Equity UCITS ETF | 11.28% | 5.06% | 32.53% | 24.21% | -16.00% | 38.89% | 2.20% |
RENW.DE L&G Clean Energy UCITS ETF | 43.00% | 35.27% | -9.64% | -11.30% | -3.32% | 1.09% | 18.53% |
Correlation
The correlation between ETLS.DE and RENW.DE is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020 | 0.59 |
The correlation between ETLS.DE and RENW.DE has been stable across timeframes, ranging from 0.53 to 0.61 - 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
ETLS.DE vs. RENW.DE — Risk / Return Rank
ETLS.DE
RENW.DE
ETLS.DE vs. RENW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G US Equity UCITS ETF (ETLS.DE) and L&G Clean Energy UCITS ETF (RENW.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.
| ETLS.DE | RENW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.56 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 9.22 | -5.85 |
| Martin ratioReturn relative to average drawdown | 12.00 | 34.50 | -22.51 |
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
| ETLS.DE | RENW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | 3.49 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.41 | +0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.49 | +0.49 |
Drawdowns
ETLS.DE vs. RENW.DE - Drawdown Comparison
The maximum ETLS.DE drawdown since its inception was -33.98%, smaller than the maximum RENW.DE drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for ETLS.DE and RENW.DE.
Loading charts...
Drawdown Indicators
| ETLS.DE | RENW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.98% | -43.93% | +9.95% |
Max Drawdown (1Y)Largest decline over 1 year | -7.57% | -8.63% | +1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -23.68% | -35.00% | +11.32% |
Max Drawdown (5Y)Largest decline over 5 years | -23.68% | -42.30% | +18.62% |
Current DrawdownCurrent decline from peak | -0.45% | -3.64% | +3.19% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -17.33% | +12.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 2.31% | -0.18% |
Volatility
ETLS.DE vs. RENW.DE - Volatility Comparison
The current volatility for L&G US Equity UCITS ETF (ETLS.DE) is 2.76%, while L&G Clean Energy UCITS ETF (RENW.DE) has a volatility of 8.24%. This indicates that ETLS.DE experiences smaller price fluctuations and is considered to be less risky than RENW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETLS.DE | RENW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 8.24% | -5.48% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 16.85% | -9.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.54% | 22.80% | -11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.45% | 22.02% | -6.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.17% | 22.48% | -5.31% |
ETLS.DE vs. RENW.DE - Expense Ratio Comparison
ETLS.DE has a 0.05% expense ratio, which is lower than RENW.DE's 0.49% expense ratio.
Dividends
ETLS.DE vs. RENW.DE - Dividend Comparison
Neither ETLS.DE nor RENW.DE has paid dividends to shareholders.
Frequently Asked Questions
ETLS.DE and RENW.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLS.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLS.DE is cheaper with a 0.05% expense ratio, compared with 0.49% for RENW.DE.
ETLS.DE is categorized as Large Cap Blend Equities, while RENW.DE is Energy Equities. ETLS.DE tracks Solactive Core United States Large & Mid Cap, while RENW.DE tracks Solactive Clean Energy. Their fees differ too: 0.05% for ETLS.DE and 0.49% for RENW.DE.
Find the right allocation for ETLS.DE and RENW.DE
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