JMLP.DE vs. WRNW.DE
JMLP.DE (HANetf Alerian Midstream Energy Dividend UCITS ETF) and WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) are both Energy Equities funds - JMLP.DE tracks the Alerian Midstream Energy Dividend while WRNW.DE tracks the WisdomTree Renewable Energy. Both are passively managed. Over the past 3 years, JMLP.DE returned 25.18%/yr vs 3.31%/yr for WRNW.DE. At a 0.09 correlation, their price movements are largely independent. JMLP.DE charges 0.40%/yr vs 0.45%/yr for WRNW.DE.
Performance
JMLP.DE vs. WRNW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, JMLP.DE achieves a 34.65% return, which is significantly higher than WRNW.DE's 8.99% return.
JMLP.DE
- 1D
- 0.00%
- 1M
- 7.07%
- 6M
- 31.57%
- YTD
- 34.65%
- 1Y
- 38.84%
- 3Y*
- 25.18%
- 5Y*
- 20.86%
- 10Y*
- —
WRNW.DE
- 1D
- 0.00%
- 1M
- -12.79%
- 6M
- 0.43%
- YTD
- 8.99%
- 1Y
- 58.62%
- 3Y*
- 3.31%
- 5Y*
- —
- 10Y*
- —
JMLP.DE vs. WRNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 34.65% | -5.93% | 40.86% | 7.35% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 8.99% | 51.49% | -23.68% | -11.96% |
Correlation
The correlation between JMLP.DE and WRNW.DE is -0.16, 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 | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023 | 0.09 |
The correlation between JMLP.DE and WRNW.DE shifts across timeframes, from -0.16 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JMLP.DE vs. WRNW.DE — Risk / Return Rank
JMLP.DE
WRNW.DE
JMLP.DE vs. WRNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.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.
| JMLP.DE | WRNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.54 | 2.85 | +0.69 |
| Martin ratioReturn relative to average drawdown | 10.03 | 8.98 | +1.05 |
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Drawdowns
JMLP.DE vs. WRNW.DE - Drawdown Comparison
The maximum JMLP.DE drawdown since its inception was -22.29%, smaller than the maximum WRNW.DE drawdown of -49.14%. Use the drawdown chart below to compare losses from any high point for JMLP.DE and WRNW.DE.
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Drawdown Indicators
| JMLP.DE | WRNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.29% | -49.14% | +26.85% |
Max Drawdown (1Y)Largest decline over 1 year | -11.02% | -20.66% | +9.64% |
Max Drawdown (3Y)Largest decline over 3 years | -22.29% | -49.14% | +26.85% |
Max Drawdown (5Y)Largest decline over 5 years | -22.29% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -19.66% | +19.66% |
Average DrawdownAverage peak-to-trough decline | -6.40% | -20.62% | +14.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.89% | 6.55% | -2.66% |
Volatility
JMLP.DE vs. WRNW.DE - Volatility Comparison
The current volatility for HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) is 5.29%, while WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a volatility of 10.16%. This indicates that JMLP.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
| JMLP.DE | WRNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 10.16% | -4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 16.12% | 22.27% | -6.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.47% | 31.95% | -12.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.40% | 26.51% | -6.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.41% | 26.51% | -5.10% |
JMLP.DE vs. WRNW.DE - Expense Ratio Comparison
JMLP.DE has a 0.40% expense ratio, which is lower than WRNW.DE's 0.45% expense ratio.
Dividends
JMLP.DE vs. WRNW.DE - Dividend Comparison
JMLP.DE's dividend yield for the trailing twelve months is around 2.73%, while WRNW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 2.73% | 3.38% | 3.34% | 6.50% | 6.31% | 6.46% | 4.11% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JMLP.DE and WRNW.DE have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JMLP.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JMLP.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for WRNW.DE.
JMLP.DE tracks Alerian Midstream Energy Dividend, while WRNW.DE tracks WisdomTree Renewable Energy. They also come from different issuers: HANetf and WisdomTree. Their fees differ too: 0.40% for JMLP.DE and 0.45% for WRNW.DE.
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