JEDI.DE vs. WRNW.DE
JEDI.DE (VanEck Space Innovators UCITS ETF) and WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) are both exchange-traded funds - JEDI.DE is a Industrials Equities fund tracking the MVIS Global Space Industry ESG, while WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy. Both are passively managed. Over the past year, JEDI.DE returned 186.35% vs 105.32% for WRNW.DE. At a 0.49 correlation, their price movements are largely independent. JEDI.DE charges 0.55%/yr vs 0.45%/yr for WRNW.DE.
Performance
JEDI.DE vs. WRNW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JEDI.DE achieves a 76.99% return, which is significantly higher than WRNW.DE's 30.17% return.
JEDI.DE
- 1D
- 1.31%
- 1M
- 2.99%
- YTD
- 76.99%
- 6M
- 81.86%
- 1Y
- 186.35%
- 3Y*
- 65.71%
- 5Y*
- —
- 10Y*
- —
WRNW.DE
- 1D
- -2.37%
- 1M
- -0.05%
- YTD
- 30.17%
- 6M
- 31.80%
- 1Y
- 105.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEDI.DE vs. WRNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JEDI.DE VanEck Space Innovators UCITS ETF | 76.99% | 72.15% | 52.14% | -3.53% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 30.17% | 51.49% | -23.68% | -11.96% |
Correlation
The correlation between JEDI.DE and WRNW.DE is 0.52, 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 | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023 | 0.49 |
The correlation between JEDI.DE and WRNW.DE has been stable across timeframes, ranging from 0.49 to 0.52 - a consistent structural relationship.
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Return for Risk
JEDI.DE vs. WRNW.DE — Risk / Return Rank
JEDI.DE
WRNW.DE
JEDI.DE vs. WRNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Space Innovators UCITS ETF (JEDI.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.
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.
| JEDI.DE | WRNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.52 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 8.56 | 7.07 | +1.49 |
| Martin ratioReturn relative to average drawdown | 28.05 | 23.97 | +4.08 |
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Drawdowns
JEDI.DE vs. WRNW.DE - Drawdown Comparison
The maximum JEDI.DE drawdown since its inception was -30.10%, smaller than the maximum WRNW.DE drawdown of -49.14%. Use the drawdown chart below to compare losses from any high point for JEDI.DE and WRNW.DE.
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Drawdown Indicators
| JEDI.DE | WRNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.10% | -49.14% | +19.04% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -15.04% | -8.49% |
Max Drawdown (3Y)Largest decline over 3 years | -30.10% | -49.14% | +19.04% |
Current DrawdownCurrent decline from peak | -13.81% | -4.04% | -9.77% |
Average DrawdownAverage peak-to-trough decline | -7.11% | -20.86% | +13.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.20% | 4.44% | +2.76% |
Volatility
JEDI.DE vs. WRNW.DE - Volatility Comparison
VanEck Space Innovators UCITS ETF (JEDI.DE) has a higher volatility of 18.13% compared to WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) at 10.28%. This indicates that JEDI.DE's price experiences larger fluctuations and is considered to be riskier 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
| JEDI.DE | WRNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.13% | 10.28% | +7.85% |
Volatility (6M)Calculated over the trailing 6-month period | 34.16% | 19.33% | +14.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.91% | 30.01% | +13.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.37% | 26.01% | +6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.37% | 26.01% | +6.36% |
JEDI.DE vs. WRNW.DE - Expense Ratio Comparison
JEDI.DE has a 0.55% expense ratio, which is higher than WRNW.DE's 0.45% expense ratio.
Dividends
JEDI.DE vs. WRNW.DE - Dividend Comparison
Neither JEDI.DE nor WRNW.DE has paid dividends to shareholders.
Frequently Asked Questions
JEDI.DE and WRNW.DE have a correlation of 0.52, 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 0.55% for JEDI.DE.
JEDI.DE is categorized as Industrials Equities, while WRNW.DE is Energy Equities. JEDI.DE tracks MVIS Global Space Industry ESG, while WRNW.DE tracks WisdomTree Renewable Energy. They also come from different issuers: VanEck and WisdomTree. Their fees differ too: 0.55% for JEDI.DE and 0.45% for WRNW.DE.
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