RENW.DE vs. WRNW.DE
RENW.DE (L&G Clean Energy UCITS ETF) and WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) are both Energy Equities funds - RENW.DE tracks the Solactive Clean Energy while WRNW.DE tracks the WisdomTree Renewable Energy. Both are passively managed. Over the past year, RENW.DE returned 80.00% vs 106.88% for WRNW.DE. Their correlation of 0.82 suggests significant overlap in exposure. RENW.DE charges 0.49%/yr vs 0.45%/yr for WRNW.DE.
Performance
RENW.DE vs. WRNW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RENW.DE achieves a 43.00% return, which is significantly higher than WRNW.DE's 30.17% return.
RENW.DE
- 1D
- -1.77%
- 1M
- 4.66%
- YTD
- 43.00%
- 6M
- 41.09%
- 1Y
- 80.00%
- 3Y*
- 15.60%
- 5Y*
- 9.15%
- 10Y*
- —
WRNW.DE
- 1D
- -2.37%
- 1M
- 4.66%
- YTD
- 30.17%
- 6M
- 30.34%
- 1Y
- 106.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RENW.DE vs. WRNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RENW.DE L&G Clean Energy UCITS ETF | 43.00% | 35.27% | -9.64% | -11.69% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 30.17% | 51.49% | -23.68% | -12.62% |
Correlation
The correlation between RENW.DE and WRNW.DE is 0.79, 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 | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023 | 0.82 |
The correlation between RENW.DE and WRNW.DE has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RENW.DE vs. WRNW.DE — Risk / Return Rank
RENW.DE
WRNW.DE
RENW.DE vs. WRNW.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 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.
| RENW.DE | WRNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.52 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 9.22 | 7.07 | +2.15 |
| Martin ratioReturn relative to average drawdown | 34.50 | 23.97 | +10.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| RENW.DE | WRNW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.49 | 3.54 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.37 | +0.12 |
Drawdowns
RENW.DE vs. WRNW.DE - Drawdown Comparison
The maximum RENW.DE drawdown since its inception was -43.93%, smaller than the maximum WRNW.DE drawdown of -49.14%. Use the drawdown chart below to compare losses from any high point for RENW.DE and WRNW.DE.
Loading charts...
Drawdown Indicators
| RENW.DE | WRNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.93% | -49.14% | +5.21% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -15.04% | +6.41% |
Max Drawdown (3Y)Largest decline over 3 years | -35.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -42.30% | — | — |
Current DrawdownCurrent decline from peak | -3.64% | -4.04% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -17.33% | -20.88% | +3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 4.44% | -2.13% |
Volatility
RENW.DE vs. WRNW.DE - Volatility Comparison
The current volatility for L&G Clean Energy UCITS ETF (RENW.DE) is 8.24%, while WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a volatility of 10.28%. This indicates that RENW.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.
Loading charts...
Volatility by Period
| RENW.DE | WRNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.24% | 10.28% | -2.04% |
Volatility (6M)Calculated over the trailing 6-month period | 16.85% | 19.33% | -2.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.80% | 30.01% | -7.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.02% | 26.02% | -4.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.48% | 26.02% | -3.54% |
RENW.DE vs. WRNW.DE - Expense Ratio Comparison
RENW.DE has a 0.49% expense ratio, which is higher than WRNW.DE's 0.45% expense ratio.
Dividends
RENW.DE vs. WRNW.DE - Dividend Comparison
Neither RENW.DE nor WRNW.DE has paid dividends to shareholders.
Frequently Asked Questions
RENW.DE and WRNW.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WRNW.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WRNW.DE is cheaper with a 0.45% expense ratio, compared with 0.49% for RENW.DE.
RENW.DE tracks Solactive Clean Energy, while WRNW.DE tracks WisdomTree Renewable Energy. They also come from different issuers: Legal & General and WisdomTree. Their fees differ too: 0.49% for RENW.DE and 0.45% for WRNW.DE.
Find the right allocation for RENW.DE and WRNW.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer