G1CD.DE vs. WRNW.DE
G1CD.DE (Invesco Global Clean Energy UCITS ETF Dist) and WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) are both Energy Equities funds - G1CD.DE tracks the WilderHill New Energy Global Innovation while WRNW.DE tracks the WisdomTree Renewable Energy. Both are passively managed. Over the past year, G1CD.DE returned 83.64% vs 106.88% for WRNW.DE. Their correlation of 0.87 suggests significant overlap in exposure. G1CD.DE charges 0.60%/yr vs 0.45%/yr for WRNW.DE.
Performance
G1CD.DE vs. WRNW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, G1CD.DE achieves a 35.16% return, which is significantly higher than WRNW.DE's 30.17% return.
G1CD.DE
- 1D
- -0.69%
- 1M
- 3.11%
- YTD
- 35.16%
- 6M
- 37.55%
- 1Y
- 83.64%
- 3Y*
- 5.13%
- 5Y*
- —
- 10Y*
- —
WRNW.DE
- 1D
- -2.37%
- 1M
- 4.66%
- YTD
- 30.17%
- 6M
- 30.34%
- 1Y
- 106.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
G1CD.DE vs. WRNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
G1CD.DE Invesco Global Clean Energy UCITS ETF Dist | 35.16% | 28.09% | -22.10% | -15.21% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 30.17% | 51.49% | -23.68% | -12.62% |
Correlation
The correlation between G1CD.DE and WRNW.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023 | 0.87 |
The correlation between G1CD.DE and WRNW.DE has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.
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Return for Risk
G1CD.DE vs. WRNW.DE — Risk / Return Rank
G1CD.DE
WRNW.DE
G1CD.DE vs. WRNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy UCITS ETF Dist (G1CD.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.
| G1CD.DE | WRNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.52 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 7.85 | 7.07 | +0.78 |
| Martin ratioReturn relative to average drawdown | 27.83 | 23.97 | +3.86 |
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
| G1CD.DE | WRNW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.90 | 3.54 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.37 | -0.30 |
Drawdowns
G1CD.DE vs. WRNW.DE - Drawdown Comparison
The maximum G1CD.DE drawdown since its inception was -64.00%, 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 G1CD.DE and WRNW.DE.
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Drawdown Indicators
| G1CD.DE | WRNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.00% | -49.14% | -14.86% |
Max Drawdown (1Y)Largest decline over 1 year | -10.60% | -15.04% | +4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -52.73% | — | — |
Current DrawdownCurrent decline from peak | -16.50% | -4.04% | -12.46% |
Average DrawdownAverage peak-to-trough decline | -35.01% | -20.88% | -14.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 4.44% | -1.44% |
Volatility
G1CD.DE vs. WRNW.DE - Volatility Comparison
The current volatility for Invesco Global Clean Energy UCITS ETF Dist (G1CD.DE) is 8.16%, while WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a volatility of 10.28%. This indicates that G1CD.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
| G1CD.DE | WRNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.16% | 10.28% | -2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 14.33% | 19.33% | -5.00% |
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 | 25.12% | 26.02% | -0.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.12% | 26.02% | -0.90% |
G1CD.DE vs. WRNW.DE - Expense Ratio Comparison
G1CD.DE has a 0.60% expense ratio, which is higher than WRNW.DE's 0.45% expense ratio.
Dividends
G1CD.DE vs. WRNW.DE - Dividend Comparison
G1CD.DE's dividend yield for the trailing twelve months is around 1.52%, while WRNW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
G1CD.DE Invesco Global Clean Energy UCITS ETF Dist | 1.52% | 2.08% | 1.37% | 0.70% | 0.09% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
G1CD.DE and WRNW.DE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WRNW.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WRNW.DE is cheaper with a 0.45% expense ratio, compared with 0.60% for G1CD.DE.
G1CD.DE tracks WilderHill New Energy Global Innovation, while WRNW.DE tracks WisdomTree Renewable Energy. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.60% for G1CD.DE and 0.45% for WRNW.DE.
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