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RENW.DE vs. INRG.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

RENW.DE vs. INRG.L

Last updated Apr 2, 2026

Compare and contrast key facts about L&G Clean Energy UCITS ETF (RENW.DE) and iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L).

RENW.DE and INRG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RENW.DE is a passively managed fund by Legal & General that tracks the performance of the Solactive Clean Energy. It was launched on Nov 11, 2020. INRG.L is a passively managed fund by iShares that tracks the performance of the S&P Global Clean Energy TR USD. It was launched on Jul 9, 2007. Both RENW.DE and INRG.L 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

RENW.DE vs. INRG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G Clean Energy UCITS ETF (RENW.DE) and iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L). The values are adjusted to include any dividend payments, if applicable.

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RENW.DE vs. INRG.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
RENW.DE
L&G Clean Energy UCITS ETF		20.87%35.27%-9.64%-11.30%-3.32%1.09%18.53%
INRG.L
iShares Global Clean Energy UCITS ETF USD (Dist)		13.88%27.16%-20.99%-22.37%-0.03%-18.96%25.13%
Different Trading Currencies

RENW.DE is traded in EUR, while INRG.L is traded in GBp. To make them comparable, the INRG.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, RENW.DE achieves a 20.87% return, which is significantly higher than INRG.L's 13.88% return.

RENW.DE

1D
3.38%
1M
3.89%
YTD
20.87%
6M
29.61%
1Y
71.48%
3Y*
8.35%
5Y*
3.81%
10Y*
—

INRG.L

1D
2.88%
1M
2.48%
YTD
13.88%
6M
19.58%
1Y
52.06%
3Y*
-3.24%
5Y*
-4.23%
10Y*
8.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

L&G Clean Energy UCITS ETF

iShares Global Clean Energy UCITS ETF USD (Dist)

Often compared with RENW.DE:
RENW.DE vs. XDG7.DERENW.DE vs. AW1P.DERENW.DE vs. SPYGRENW.DE vs. NUKL.DERENW.DE vs. SMOGRENW.DE vs. CNRGRENW.DE vs. VPL
Often compared with INRG.L:
INRG.L vs. ICLNINRG.L vs. TANINRG.L vs. V3AB.LINRG.L vs. WDNR.DEINRG.L vs. ACESINRG.L vs. VUAG.LINRG.L vs. ESIH.L

RENW.DE vs. INRG.L - Expense Ratio Comparison

RENW.DE has a 0.49% expense ratio, which is lower than INRG.L's 0.65% expense ratio.

INRG.L
iShares Global Clean Energy UCITS ETF USD (Dist)
RENW.DE
L&G Clean Energy UCITS ETF

Return for Risk

RENW.DE vs. INRG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RENW.DE
RENW.DE Risk / Return Rank: 9797
Overall Rank
RENW.DE Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
RENW.DE Sortino Ratio Rank: 9696
Sortino Ratio Rank
RENW.DE Omega Ratio Rank: 9595
Omega Ratio Rank
RENW.DE Calmar Ratio Rank: 9898
Calmar Ratio Rank
RENW.DE Martin Ratio Rank: 9898
Martin Ratio Rank
INRG.L
INRG.L Risk / Return Rank: 9494
Overall Rank
INRG.L Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
INRG.L Sortino Ratio Rank: 9696
Sortino Ratio Rank
INRG.L Omega Ratio Rank: 9292
Omega Ratio Rank
INRG.L Calmar Ratio Rank: 9696
Calmar Ratio Rank
INRG.L Martin Ratio Rank: 9292
Martin Ratio Rank
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.

RENW.DE vs. INRG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Clean Energy UCITS ETF (RENW.DE) and iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L). 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.

RENW.DEINRG.LDifference

Sharpe ratio

Return per unit of total volatility

2.88

2.19

+0.69

Sortino ratio

Return per unit of downside risk

3.47

2.96

+0.51

Omega ratio

Gain probability vs. loss probability

1.48

1.36

+0.12

Calmar ratio

Return relative to maximum drawdown

6.94

4.15

+2.79

Martin ratio

Return relative to average drawdown

27.27

12.13

+15.14

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RENW.DE vs. INRG.L - Sharpe Ratio Comparison

The current RENW.DE Sharpe Ratio is 2.88, which is higher than the INRG.L Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of RENW.DE and INRG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

RENW.DEINRG.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.88

2.19

+0.69

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.17

-0.17

+0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.33

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

-0.08

+0.44

Correlation

The correlation between RENW.DE and INRG.L is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RENW.DE vs. INRG.L - Dividend Comparison

RENW.DE has not paid dividends to shareholders, while INRG.L's dividend yield for the trailing twelve months is around 1.18%.

TTM20252024202320222021202020192018201720162015
RENW.DE
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%
INRG.L
iShares Global Clean Energy UCITS ETF USD (Dist)		1.18%1.34%1.24%0.80%0.51%0.74%0.48%1.60%2.81%2.83%2.73%2.55%

Drawdowns

RENW.DE vs. INRG.L - Drawdown Comparison

The maximum RENW.DE drawdown since its inception was -43.93%, smaller than the maximum INRG.L drawdown of -87.29%. Use the drawdown chart below to compare losses from any high point for RENW.DE and INRG.L.

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Drawdown Indicators

RENW.DEINRG.LDifference

Max Drawdown

Largest peak-to-trough decline

-43.93%

-85.70%

+41.77%

Max Drawdown (1Y)

Largest decline over 1 year

-14.24%

-12.62%

-1.62%

Max Drawdown (5Y)

Largest decline over 5 years

-42.30%

-57.62%

+15.32%

Max Drawdown (10Y)

Largest decline over 10 years

—

-65.78%

—

Current Drawdown

Current decline from peak

0.00%

-41.53%

+41.53%

Average Drawdown

Average peak-to-trough decline

-17.85%

-58.14%

+40.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

4.37%

-1.78%

Volatility

RENW.DE vs. INRG.L - Volatility Comparison

L&G Clean Energy UCITS ETF (RENW.DE) has a higher volatility of 8.04% compared to iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) at 7.51%. This indicates that RENW.DE's price experiences larger fluctuations and is considered to be riskier than INRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RENW.DEINRG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.04%

7.51%

+0.53%

Volatility (6M)

Calculated over the trailing 6-month period

17.88%

18.59%

-0.71%

Volatility (1Y)

Calculated over the trailing 1-year period

24.68%

23.65%

+1.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.96%

25.08%

-3.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.39%

25.46%

-3.07%