H2O.DE vs. WREE.L
H2O.DE (Enapter AG) is a stock, while WREE.L (WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc) is Rare Earth & Strategic Metals fund tracking the WisdomTree Strategic Metals and Rare Earths Miners Index. Over the past year, H2O.DE returned -51.59% vs 88.41% for WREE.L. At a correlation of -0.04, they often move in opposite directions.
Performance
H2O.DE vs. WREE.L - Performance Comparison
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Different Trading Currencies
H2O.DE is traded in EUR, while WREE.L is traded in GBp. To make them comparable, the WREE.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, H2O.DE achieves a -17.96% return, which is significantly lower than WREE.L's 9.09% return.
H2O.DE
- 1D
- 0.00%
- 1M
- 5.38%
- YTD
- -17.96%
- 6M
- -28.65%
- 1Y
- -51.59%
- 3Y*
- -52.00%
- 5Y*
- -44.70%
- 10Y*
- —
WREE.L
- 1D
- 0.00%
- 1M
- -14.16%
- YTD
- 9.09%
- 6M
- 18.63%
- 1Y
- 88.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
H2O.DE vs. WREE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
H2O.DE Enapter AG | -17.96% | -59.66% | -18.82% |
WREE.L WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc | 9.09% | 89.88% | 7,665.82% |
Correlation
The correlation between H2O.DE and WREE.L is -0.08, 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 | -0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | -0.04 |
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Return for Risk
H2O.DE vs. WREE.L — Risk / Return Rank
H2O.DE
WREE.L
H2O.DE vs. WREE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enapter AG (H2O.DE) and WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L). 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.
| H2O.DE | WREE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -3.00 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.35 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 3.15 | -3.93 |
| Martin ratioReturn relative to average drawdown | -1.18 | 7.47 | -8.65 |
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Drawdowns
H2O.DE vs. WREE.L - Drawdown Comparison
The maximum H2O.DE drawdown since its inception was -97.72%, which is greater than WREE.L's maximum drawdown of -27.54%. Use the drawdown chart below to compare losses from any high point for H2O.DE and WREE.L.
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Drawdown Indicators
| H2O.DE | WREE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.72% | -27.54% | -70.18% |
Max Drawdown (1Y)Largest decline over 1 year | -63.70% | -27.54% | -36.16% |
Max Drawdown (3Y)Largest decline over 3 years | -91.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -96.33% | — | — |
Current DrawdownCurrent decline from peak | -97.17% | -19.06% | -78.11% |
Average DrawdownAverage peak-to-trough decline | -65.44% | -9.51% | -55.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.28% | 11.61% | +30.67% |
Volatility
H2O.DE vs. WREE.L - Volatility Comparison
Enapter AG (H2O.DE) has a higher volatility of 16.60% compared to WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) at 13.00%. This indicates that H2O.DE's price experiences larger fluctuations and is considered to be riskier than WREE.L 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 | WREE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.60% | 13.00% | +3.60% |
Volatility (6M)Calculated over the trailing 6-month period | 42.25% | 31.00% | +11.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.95% | 56.35% | +20.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.60% | 5,417.76% | -5,357.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7,400.27% | 5,417.76% | +1,982.51% |
Dividends
H2O.DE vs. WREE.L - Dividend Comparison
Neither H2O.DE nor WREE.L has paid dividends to shareholders.
Frequently Asked Questions
H2O.DE and WREE.L have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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