RENW.DE vs. WEBN.DE
RENW.DE (L&G Clean Energy UCITS ETF) and WEBN.DE (Amundi Prime All Country World UCITS ETF Acc EUR) are both exchange-traded funds - RENW.DE is a Energy Equities fund tracking the Solactive Clean Energy, while WEBN.DE is a Global Equities fund tracking the Solactive GBS Global Markets Large & Mid Cap Index. Both are passively managed. Over the past year, RENW.DE returned 70.59% vs 27.20% for WEBN.DE. A 0.62 correlation means they provide meaningful diversification when combined. RENW.DE charges 0.49%/yr vs 0.07%/yr for WEBN.DE.
Performance
RENW.DE vs. WEBN.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 higher than WEBN.DE's 12.37% 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*
- —
WEBN.DE
- 1D
- -0.24%
- 1M
- 2.85%
- YTD
- 12.37%
- 6M
- 14.22%
- 1Y
- 27.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RENW.DE vs. WEBN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RENW.DE L&G Clean Energy UCITS ETF | 37.15% | 35.23% | -7.23% |
WEBN.DE Amundi Prime All Country World UCITS ETF Acc EUR | 12.37% | 9.70% | 7.87% |
Correlation
The correlation between RENW.DE and WEBN.DE is 0.64, 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 | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2024 | 0.62 |
The correlation between RENW.DE and WEBN.DE has been stable across timeframes, ranging from 0.62 to 0.64 - a consistent structural relationship.
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Return for Risk
RENW.DE vs. WEBN.DE — Risk / Return Rank
RENW.DE
WEBN.DE
RENW.DE vs. WEBN.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 Amundi Prime All Country World UCITS ETF Acc EUR (WEBN.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 | WEBN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.41 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.64 | 4.03 | +1.61 |
| Martin ratioReturn relative to average drawdown | 26.14 | 16.67 | +9.47 |
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Drawdowns
RENW.DE vs. WEBN.DE - Drawdown Comparison
The maximum RENW.DE drawdown since its inception was -43.92%, which is greater than WEBN.DE's maximum drawdown of -21.22%. Use the drawdown chart below to compare losses from any high point for RENW.DE and WEBN.DE.
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Drawdown Indicators
| RENW.DE | WEBN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.92% | -21.22% | -22.70% |
Max Drawdown (1Y)Largest decline over 1 year | -12.46% | -6.63% | -5.83% |
Max Drawdown (3Y)Largest decline over 3 years | -34.99% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -42.32% | — | — |
Current DrawdownCurrent decline from peak | -7.59% | -0.65% | -6.94% |
Average DrawdownAverage peak-to-trough decline | -17.24% | -3.11% | -14.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 1.61% | +1.08% |
Volatility
RENW.DE vs. WEBN.DE - Volatility Comparison
L&G Clean Energy UCITS ETF (RENW.DE) has a higher volatility of 9.26% compared to Amundi Prime All Country World UCITS ETF Acc EUR (WEBN.DE) at 3.05%. This indicates that RENW.DE's price experiences larger fluctuations and is considered to be riskier than WEBN.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 | WEBN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.26% | 3.05% | +6.21% |
Volatility (6M)Calculated over the trailing 6-month period | 17.97% | 8.43% | +9.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.69% | 11.74% | +11.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.19% | 14.88% | +7.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.89% | 14.88% | +8.01% |
RENW.DE vs. WEBN.DE - Expense Ratio Comparison
RENW.DE has a 0.49% expense ratio, which is higher than WEBN.DE's 0.07% expense ratio.
Dividends
RENW.DE vs. WEBN.DE - Dividend Comparison
Neither RENW.DE nor WEBN.DE has paid dividends to shareholders.
Frequently Asked Questions
RENW.DE and WEBN.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WEBN.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WEBN.DE is cheaper with a 0.07% expense ratio, compared with 0.49% for RENW.DE.
RENW.DE is categorized as Energy Equities, while WEBN.DE is Global Equities. RENW.DE tracks Solactive Clean Energy, while WEBN.DE tracks Solactive GBS Global Markets Large & Mid Cap Index. They also come from different issuers: Legal & General and Amundi. Their fees differ too: 0.49% for RENW.DE and 0.07% for WEBN.DE.
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