RENW.DE vs. SEC0.DE
RENW.DE (L&G Clean Energy UCITS ETF) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - RENW.DE is a Energy Equities fund tracking the Solactive Clean Energy, while SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past 3 years, RENW.DE returned 13.77%/yr vs 56.37%/yr for SEC0.DE. A 0.62 correlation means they provide meaningful diversification when combined. RENW.DE charges 0.49%/yr vs 0.35%/yr for SEC0.DE.
Performance
RENW.DE vs. SEC0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, RENW.DE achieves a 37.15% return, which is significantly lower than SEC0.DE's 98.10% return.
RENW.DE
- 1D
- 3.77%
- 1M
- -2.63%
- YTD
- 37.15%
- 6M
- 38.21%
- 1Y
- 70.59%
- 3Y*
- 13.77%
- 5Y*
- 8.23%
- 10Y*
- —
SEC0.DE
- 1D
- -2.85%
- 1M
- 12.64%
- YTD
- 98.10%
- 6M
- 104.45%
- 1Y
- 181.33%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
RENW.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RENW.DE L&G Clean Energy UCITS ETF | 37.15% | 35.23% | -9.66% | -11.28% | -3.33% | 0.36% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.10% | 36.46% | 20.85% | 61.01% | -32.22% | 21.50% |
Correlation
The correlation between RENW.DE and SEC0.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2021 | 0.62 |
The correlation between RENW.DE and SEC0.DE shifts across timeframes, from 0.60 (3 years) to 0.72 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RENW.DE vs. SEC0.DE — Risk / Return Rank
RENW.DE
SEC0.DE
RENW.DE vs. SEC0.DE - 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 MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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.
| RENW.DE | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.75 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 5.64 | 14.81 | -9.17 |
| Martin ratioReturn relative to average drawdown | 26.14 | 52.61 | -26.48 |
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Drawdowns
RENW.DE vs. SEC0.DE - Drawdown Comparison
The maximum RENW.DE drawdown since its inception was -43.92%, which is greater than SEC0.DE's maximum drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for RENW.DE and SEC0.DE.
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Drawdown Indicators
| RENW.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.92% | -39.35% | -4.57% |
Max Drawdown (1Y)Largest decline over 1 year | -12.46% | -12.90% | +0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -34.99% | -39.35% | +4.36% |
Max Drawdown (5Y)Largest decline over 5 years | -42.32% | — | — |
Current DrawdownCurrent decline from peak | -7.59% | -2.85% | -4.74% |
Average DrawdownAverage peak-to-trough decline | -17.24% | -11.84% | -5.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 3.64% | -0.95% |
Volatility
RENW.DE vs. SEC0.DE - Volatility Comparison
The current volatility for L&G Clean Energy UCITS ETF (RENW.DE) is 9.26%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that RENW.DE experiences smaller price fluctuations and is considered to be less risky than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RENW.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.26% | 13.13% | -3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 17.97% | 25.14% | -7.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.69% | 32.42% | -8.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.19% | 29.94% | -7.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.89% | 29.94% | -7.05% |
RENW.DE vs. SEC0.DE - Expense Ratio Comparison
RENW.DE has a 0.49% expense ratio, which is higher than SEC0.DE's 0.35% expense ratio.
Dividends
RENW.DE vs. SEC0.DE - Dividend Comparison
Neither RENW.DE nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
RENW.DE and SEC0.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SEC0.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SEC0.DE is cheaper with a 0.35% expense ratio, compared with 0.49% for RENW.DE.
RENW.DE is categorized as Energy Equities, while SEC0.DE is Semiconductors. RENW.DE tracks Solactive Clean Energy, while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.49% for RENW.DE and 0.35% for SEC0.DE.
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