H2O.DE vs. SXRW.DE
H2O.DE (Enapter AG) is a stock, while SXRW.DE (iShares Core FTSE 100 UCITS ETF GBP (Acc)) is Europe Equities fund tracking the FTSE 100. Over the past 5 years, H2O.DE returned -44.30%/yr vs 11.57%/yr for SXRW.DE. At a 0.05 correlation, their price movements are largely independent.
Performance
H2O.DE vs. SXRW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, H2O.DE achieves a -16.72% return, which is significantly lower than SXRW.DE's 6.50% return.
H2O.DE
- 1D
- -4.05%
- 1M
- 16.39%
- YTD
- -16.72%
- 6M
- -34.86%
- 1Y
- -49.29%
- 3Y*
- -51.11%
- 5Y*
- -44.30%
- 10Y*
- —
SXRW.DE
- 1D
- 0.14%
- 1M
- -0.73%
- YTD
- 6.50%
- 6M
- 9.61%
- 1Y
- 18.23%
- 3Y*
- 14.51%
- 5Y*
- 11.57%
- 10Y*
- 8.04%
H2O.DE vs. SXRW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
H2O.DE Enapter AG | -16.72% | -58.92% | -58.42% | -29.96% | -38.97% | -12.47% | -50.09% |
SXRW.DE iShares Core FTSE 100 UCITS ETF GBP (Acc) | 6.50% | 20.63% | 13.57% | 10.46% | -1.47% | 24.81% | 12.35% |
Correlation
The correlation between H2O.DE and SXRW.DE is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2020 | 0.05 |
The correlation between H2O.DE and SXRW.DE shifts across timeframes, from -0.10 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
H2O.DE vs. SXRW.DE — Risk / Return Rank
H2O.DE
SXRW.DE
H2O.DE vs. SXRW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enapter AG (H2O.DE) and iShares Core FTSE 100 UCITS ETF GBP (Acc) (SXRW.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.
| H2O.DE | SXRW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.30 | ||
| Sortino ratioReturn per unit of downside risk | -3.46 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.28 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | 2.30 | -3.09 |
| Martin ratioReturn relative to average drawdown | -1.22 | 8.40 | -9.62 |
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
| H2O.DE | SXRW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.80 | 1.50 | -2.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.89 | 0.81 | -1.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.77 | 0.50 | -1.27 |
Drawdowns
H2O.DE vs. SXRW.DE - Drawdown Comparison
The maximum H2O.DE drawdown since its inception was -98.00%, which is greater than SXRW.DE's maximum drawdown of -40.31%. Use the drawdown chart below to compare losses from any high point for H2O.DE and SXRW.DE.
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Drawdown Indicators
| H2O.DE | SXRW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.00% | -40.31% | -57.69% |
Max Drawdown (1Y)Largest decline over 1 year | -63.67% | -7.91% | -55.76% |
Max Drawdown (3Y)Largest decline over 3 years | -91.68% | -16.86% | -74.82% |
Max Drawdown (5Y)Largest decline over 5 years | -96.32% | -16.86% | -79.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.31% | — |
Current DrawdownCurrent decline from peak | -97.39% | -2.75% | -94.64% |
Average DrawdownAverage peak-to-trough decline | -76.16% | -6.05% | -70.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.03% | 2.17% | +38.86% |
Volatility
H2O.DE vs. SXRW.DE - Volatility Comparison
Enapter AG (H2O.DE) has a higher volatility of 18.97% compared to iShares Core FTSE 100 UCITS ETF GBP (Acc) (SXRW.DE) at 4.45%. This indicates that H2O.DE's price experiences larger fluctuations and is considered to be riskier than SXRW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| H2O.DE | SXRW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.97% | 4.45% | +14.52% |
Volatility (6M)Calculated over the trailing 6-month period | 35.77% | 10.16% | +25.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.47% | 12.13% | +50.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.20% | 14.13% | +35.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.41% | 16.93% | +44.48% |
Dividends
H2O.DE vs. SXRW.DE - Dividend Comparison
Neither H2O.DE nor SXRW.DE has paid dividends to shareholders.
Frequently Asked Questions
H2O.DE and SXRW.DE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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