IROB.DE vs. RENW.DE
IROB.DE (L&G ROBO Global Robotics and Automation UCITS ETF) and RENW.DE (L&G Clean Energy UCITS ETF) are both exchange-traded funds - IROB.DE is a Technology Equities fund tracking the ROBO-STOX® Global Robotics and Automation, while RENW.DE is a Energy Equities fund tracking the Solactive Clean Energy. Both are passively managed. Over the past 5 years, IROB.DE returned 7.96%/yr vs 9.15%/yr for RENW.DE. A 0.74 correlation means they provide meaningful diversification when combined. IROB.DE charges 0.80%/yr vs 0.49%/yr for RENW.DE.
Performance
IROB.DE vs. RENW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IROB.DE achieves a 28.27% return, which is significantly lower than RENW.DE's 43.00% return.
IROB.DE
- 1D
- -1.49%
- 1M
- 6.54%
- YTD
- 28.27%
- 6M
- 25.45%
- 1Y
- 53.74%
- 3Y*
- 13.62%
- 5Y*
- 7.96%
- 10Y*
- 13.49%
RENW.DE
- 1D
- -1.77%
- 1M
- 4.00%
- YTD
- 43.00%
- 6M
- 41.28%
- 1Y
- 80.41%
- 3Y*
- 15.60%
- 5Y*
- 9.15%
- 10Y*
- —
IROB.DE vs. RENW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IROB.DE L&G ROBO Global Robotics and Automation UCITS ETF | 28.27% | 10.23% | 4.18% | 20.94% | -30.08% | 26.20% | 10.40% |
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 IROB.DE and RENW.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020 | 0.74 |
The correlation between IROB.DE and RENW.DE has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.
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Return for Risk
IROB.DE vs. RENW.DE — Risk / Return Rank
IROB.DE
RENW.DE
IROB.DE vs. RENW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ROBO Global Robotics and Automation UCITS ETF (IROB.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.
| IROB.DE | RENW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.56 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 9.22 | -5.28 |
| Martin ratioReturn relative to average drawdown | 15.02 | 34.50 | -19.48 |
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
| IROB.DE | RENW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 3.49 | -1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.41 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.49 | +0.08 |
Drawdowns
IROB.DE vs. RENW.DE - Drawdown Comparison
The maximum IROB.DE drawdown since its inception was -36.52%, smaller than the maximum RENW.DE drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for IROB.DE and RENW.DE.
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Drawdown Indicators
| IROB.DE | RENW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -43.93% | +7.41% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -8.63% | -5.04% |
Max Drawdown (3Y)Largest decline over 3 years | -31.95% | -35.00% | +3.05% |
Max Drawdown (5Y)Largest decline over 5 years | -36.52% | -42.30% | +5.78% |
Max Drawdown (10Y)Largest decline over 10 years | -36.52% | — | — |
Current DrawdownCurrent decline from peak | -1.77% | -3.64% | +1.87% |
Average DrawdownAverage peak-to-trough decline | -11.47% | -17.33% | +5.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 2.31% | +1.29% |
Volatility
IROB.DE vs. RENW.DE - Volatility Comparison
The current volatility for L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) is 7.52%, while L&G Clean Energy UCITS ETF (RENW.DE) has a volatility of 8.24%. This indicates that IROB.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.
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Volatility by Period
| IROB.DE | RENW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.52% | 8.24% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 16.85% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 22.80% | -1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 22.02% | -0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.01% | 22.48% | -1.47% |
IROB.DE vs. RENW.DE - Expense Ratio Comparison
IROB.DE has a 0.80% expense ratio, which is higher than RENW.DE's 0.49% expense ratio.
Dividends
IROB.DE vs. RENW.DE - Dividend Comparison
Neither IROB.DE nor RENW.DE has paid dividends to shareholders.
Frequently Asked Questions
IROB.DE and RENW.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RENW.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RENW.DE is cheaper with a 0.49% expense ratio, compared with 0.80% for IROB.DE.
IROB.DE is categorized as Technology Equities, while RENW.DE is Energy Equities. IROB.DE tracks ROBO-STOX® Global Robotics and Automation, while RENW.DE tracks Solactive Clean Energy. Their fees differ too: 0.80% for IROB.DE and 0.49% for RENW.DE.
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