RENW.DE vs. XDW0.DE
RENW.DE (L&G Clean Energy UCITS ETF) and XDW0.DE (Xtrackers MSCI World Energy UCITS ETF 1C) are both Energy Equities funds - RENW.DE tracks the Solactive Clean Energy while XDW0.DE tracks the MSCI World/Energy NR USD. Both are passively managed. Over the past 5 years, RENW.DE returned 6.52%/yr vs 20.85%/yr for XDW0.DE. At a 0.26 correlation, their price movements are largely independent. RENW.DE charges 0.49%/yr vs 0.25%/yr for XDW0.DE.
Performance
RENW.DE vs. XDW0.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with RENW.DE having a 28.63% return and XDW0.DE slightly higher at 28.70%.
RENW.DE
- 1D
- -0.99%
- 1M
- -6.15%
- 6M
- 21.04%
- YTD
- 28.63%
- 1Y
- 50.96%
- 3Y*
- 13.47%
- 5Y*
- 6.52%
- 10Y*
- —
XDW0.DE
- 1D
- -0.93%
- 1M
- 2.25%
- 6M
- 19.90%
- YTD
- 28.70%
- 1Y
- 34.95%
- 3Y*
- 15.05%
- 5Y*
- 20.85%
- 10Y*
- 8.15%
RENW.DE vs. XDW0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RENW.DE L&G Clean Energy UCITS ETF | 28.63% | 35.23% | -9.66% | -11.28% | -3.33% | 1.09% | 29.18% |
XDW0.DE Xtrackers MSCI World Energy UCITS ETF 1C | 28.70% | 2.24% | 7.48% | 0.19% | 53.95% | 52.21% | 8.93% |
Correlation
The correlation between RENW.DE and XDW0.DE is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2020 | 0.26 |
The correlation between RENW.DE and XDW0.DE shifts across timeframes, from -0.07 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
RENW.DE vs. XDW0.DE — Risk / Return Rank
RENW.DE
XDW0.DE
RENW.DE vs. XDW0.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 Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.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 | XDW0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.28 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 2.24 | +1.29 |
| Martin ratioReturn relative to average drawdown | 12.69 | 5.78 | +6.91 |
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Drawdowns
RENW.DE vs. XDW0.DE - Drawdown Comparison
The maximum RENW.DE drawdown since its inception was -43.92%, smaller than the maximum XDW0.DE drawdown of -66.27%. Use the drawdown chart below to compare losses from any high point for RENW.DE and XDW0.DE.
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Drawdown Indicators
| RENW.DE | XDW0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.92% | -66.27% | +22.35% |
Max Drawdown (1Y)Largest decline over 1 year | -14.37% | -15.55% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -31.98% | -23.70% | -8.28% |
Max Drawdown (5Y)Largest decline over 5 years | -42.32% | -23.70% | -18.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.44% | — |
Current DrawdownCurrent decline from peak | -13.33% | -10.20% | -3.13% |
Average DrawdownAverage peak-to-trough decline | -17.12% | -22.94% | +5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 6.03% | -2.03% |
Volatility
RENW.DE vs. XDW0.DE - Volatility Comparison
L&G Clean Energy UCITS ETF (RENW.DE) has a higher volatility of 8.39% compared to Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.DE) at 6.81%. This indicates that RENW.DE's price experiences larger fluctuations and is considered to be riskier than XDW0.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 | XDW0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.39% | 6.81% | +1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 19.23% | 19.48% | -0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.47% | 22.56% | +1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.37% | 24.24% | -1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.97% | 26.60% | -3.63% |
RENW.DE vs. XDW0.DE - Expense Ratio Comparison
RENW.DE has a 0.49% expense ratio, which is higher than XDW0.DE's 0.25% expense ratio.
Dividends
RENW.DE vs. XDW0.DE - Dividend Comparison
Neither RENW.DE nor XDW0.DE has paid dividends to shareholders.
Frequently Asked Questions
RENW.DE and XDW0.DE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDW0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDW0.DE is cheaper with a 0.25% expense ratio, compared with 0.49% for RENW.DE.
RENW.DE tracks Solactive Clean Energy, while XDW0.DE tracks MSCI World/Energy NR USD. They also come from different issuers: Legal & General and Xtrackers. Their fees differ too: 0.49% for RENW.DE and 0.25% for XDW0.DE.
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