RENG.L vs. IXC
Compare and contrast key facts about L&G Clean Energy UCITS ETF (RENG.L) and iShares Global Energy ETF (IXC).
RENG.L and IXC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RENG.L is a passively managed fund by Legal & General that tracks the performance of the S&P Global Clean Energy TR USD. It was launched on Nov 11, 2020. IXC is a passively managed fund by iShares that tracks the performance of the S&P Global Energy Sector Index. It was launched on Nov 16, 2001. Both RENG.L and IXC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
RENG.L vs. IXC - Performance Comparison
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RENG.L vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RENG.L L&G Clean Energy UCITS ETF | 17.62% | 40.21% | -12.86% | -13.13% | 2.03% | -6.20% | 19.80% |
IXC iShares Global Energy ETF | 40.00% | 5.86% | 3.73% | -1.27% | 66.17% | 42.21% | 8.20% |
Different Trading Currencies
RENG.L is traded in GBp, while IXC is traded in USD. To make them comparable, the IXC values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, RENG.L achieves a 17.62% return, which is significantly lower than IXC's 40.00% return.
RENG.L
- 1D
- 1.14%
- 1M
- -0.07%
- YTD
- 17.62%
- 6M
- 28.42%
- 1Y
- 75.56%
- 3Y*
- 6.72%
- 5Y*
- 3.75%
- 10Y*
- —
IXC
- 1D
- -1.07%
- 1M
- 13.38%
- YTD
- 40.00%
- 6M
- 43.19%
- 1Y
- 38.85%
- 3Y*
- 16.92%
- 5Y*
- 24.06%
- 10Y*
- 12.40%
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RENG.L vs. IXC - Expense Ratio Comparison
RENG.L has a 0.49% expense ratio, which is higher than IXC's 0.46% expense ratio.
Return for Risk
RENG.L vs. IXC — Risk / Return Rank
RENG.L
IXC
RENG.L vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Clean Energy UCITS ETF (RENG.L) and iShares Global Energy ETF (IXC). 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.
| RENG.L | IXC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.25 | 1.73 | +1.52 |
Sortino ratioReturn per unit of downside risk | 3.77 | 2.19 | +1.59 |
Omega ratioGain probability vs. loss probability | 1.52 | 1.33 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 6.95 | 2.31 | +4.64 |
Martin ratioReturn relative to average drawdown | 24.95 | 5.57 | +19.38 |
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
| RENG.L | IXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.25 | 1.73 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 1.07 | -0.90 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.30 | +0.01 |
Correlation
The correlation between RENG.L and IXC is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
RENG.L vs. IXC - Dividend Comparison
RENG.L has not paid dividends to shareholders, while IXC's dividend yield for the trailing twelve months is around 2.68%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RENG.L L&G Clean Energy UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXC iShares Global Energy ETF | 2.68% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Drawdowns
RENG.L vs. IXC - Drawdown Comparison
The maximum RENG.L drawdown since its inception was -45.48%, smaller than the maximum IXC drawdown of -59.58%. Use the drawdown chart below to compare losses from any high point for RENG.L and IXC.
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Drawdown Indicators
| RENG.L | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.48% | -67.88% | +22.40% |
Max Drawdown (1Y)Largest decline over 1 year | -10.56% | -18.03% | +7.47% |
Max Drawdown (5Y)Largest decline over 5 years | -40.27% | -24.93% | -15.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.16% | — |
Current DrawdownCurrent decline from peak | -2.38% | -1.12% | -1.26% |
Average DrawdownAverage peak-to-trough decline | -21.27% | -17.57% | -3.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 5.41% | -2.47% |
Volatility
RENG.L vs. IXC - Volatility Comparison
L&G Clean Energy UCITS ETF (RENG.L) has a higher volatility of 8.33% compared to iShares Global Energy ETF (IXC) at 4.58%. This indicates that RENG.L's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RENG.L | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.33% | 4.58% | +3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 17.40% | 12.78% | +4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.31% | 22.62% | +0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.69% | 22.66% | -0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.20% | 26.18% | -3.98% |