LBNK.DE vs. WRNW.DE

Last updated Jun 5, 2026

LBNK.DE (Lyxor STOXX Europe 600 Banks UCITS ETF Acc) and WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) are both exchange-traded funds - LBNK.DE is a Financials Equities fund tracking the STOXX® Europe 600 Banks, while WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy. Both are passively managed. Over the past year, LBNK.DE returned 40.00% vs 107.60% for WRNW.DE. At a 0.41 correlation, their price movements are largely independent. LBNK.DE charges 0.30%/yr vs 0.45%/yr for WRNW.DE.

Performance

LBNK.DE vs. WRNW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) and WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LBNK.DE achieves a 7.56% return, which is significantly lower than WRNW.DE's 30.17% return.

LBNK.DE

• 1D: 0.67%
• 1M: 2.51%
• YTD: 7.56%
• 6M: 15.54%
• 1Y: 40.00%
• 3Y*: 42.34%
• 5Y*: 27.76%
• 10Y*: 14.15%

WRNW.DE

• 1D: -2.37%
• 1M: 3.73%
• YTD: 30.17%
• 6M: 29.38%
• 1Y: 107.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LBNK.DE vs. WRNW.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LBNK.DE Lyxor STOXX Europe 600 Banks UCITS ETF Acc	7.56%	76.66%	32.67%	13.04%
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc	30.17%	51.49%	-23.68%	-12.62%

Correlation

The correlation between LBNK.DE and WRNW.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023	0.41

Return for Risk

LBNK.DE vs. WRNW.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LBNK.DE

LBNK.DE Risk / Return Rank: 53
LBNK.DE Sharpe Ratio Rank: 55
LBNK.DE Sortino Ratio Rank: 55
LBNK.DE Omega Ratio Rank: 50
LBNK.DE Calmar Ratio Rank: 53
LBNK.DE Martin Ratio Rank: 53

WRNW.DE

WRNW.DE Risk / Return Rank: 91
WRNW.DE Sharpe Ratio Rank: 94
WRNW.DE Sortino Ratio Rank: 89
WRNW.DE Omega Ratio Rank: 86
WRNW.DE Calmar Ratio Rank: 94
WRNW.DE Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LBNK.DE vs. WRNW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.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.

	LBNK.DE	WRNW.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.86	3.54	-1.68
Sortino ratio: Return per unit of downside risk	2.58	4.04	-1.46
Omega ratio: Gain probability vs. loss probability	1.31	1.52	-0.21
Calmar ratio: Return relative to maximum drawdown	2.60	7.07	-4.47
Martin ratio: Return relative to average drawdown	8.86	23.97	-15.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LBNK.DE vs. WRNW.DE - Sharpe Ratio Comparison

The current LBNK.DE Sharpe Ratio is 1.86, which is lower than the WRNW.DE Sharpe Ratio of 3.54. The chart below compares the historical Sharpe Ratios of LBNK.DE and WRNW.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LBNK.DE	WRNW.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	3.54	-1.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.20	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.37	-0.31

Drawdowns

LBNK.DE vs. WRNW.DE - Drawdown Comparison

The maximum LBNK.DE drawdown since its inception was -81.84%, which is greater than WRNW.DE's maximum drawdown of -49.14%. Use the drawdown chart below to compare losses from any high point for LBNK.DE and WRNW.DE.

Drawdown Indicators

	LBNK.DE	WRNW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-81.84%	-49.14%	-32.70%
Max Drawdown (1Y) Largest decline over 1 year	-15.83%	-15.04%	-0.79%
Max Drawdown (3Y) Largest decline over 3 years	-20.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.82%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.08%	—	—
Current Drawdown Current decline from peak	-1.13%	-4.04%	+2.91%
Average Drawdown Average peak-to-trough decline	-53.20%	-20.88%	-32.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.65%	4.44%	+0.21%

Volatility

LBNK.DE vs. WRNW.DE - Volatility Comparison

The current volatility for Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) is 5.68%, while WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a volatility of 10.28%. This indicates that LBNK.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.

Volatility by Period

	LBNK.DE	WRNW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	10.28%	-4.60%
Volatility (6M) Calculated over the trailing 6-month period	18.02%	19.33%	-1.31%
Volatility (1Y) Calculated over the trailing 1-year period	22.10%	30.01%	-7.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.90%	26.02%	-3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.34%	26.02%	-0.68%

LBNK.DE vs. WRNW.DE - Expense Ratio Comparison

LBNK.DE has a 0.30% expense ratio, which is lower than WRNW.DE's 0.45% expense ratio.

Dividends

LBNK.DE vs. WRNW.DE - Dividend Comparison

Neither LBNK.DE nor WRNW.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LBNK.DE and WRNW.DE in my portfolio?

LBNK.DE and WRNW.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LBNK.DE or WRNW.DE?

On fees, LBNK.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LBNK.DE or WRNW.DE?

LBNK.DE is cheaper with a 0.30% expense ratio, compared with 0.45% for WRNW.DE.

What is the main difference between LBNK.DE and WRNW.DE?

LBNK.DE is categorized as Financials Equities, while WRNW.DE is Energy Equities. LBNK.DE tracks STOXX® Europe 600 Banks, while WRNW.DE tracks WisdomTree Renewable Energy. They also come from different issuers: Amundi and WisdomTree. Their fees differ too: 0.30% for LBNK.DE and 0.45% for WRNW.DE.