RENW.DE vs. XMLD.DE
RENW.DE (L&G Clean Energy UCITS ETF) and XMLD.DE (L&G Artificial Intelligence UCITS ETF) are both exchange-traded funds - RENW.DE is a Energy Equities fund tracking the Solactive Clean Energy, while XMLD.DE is a Technology Equities fund tracking the ROBO Global Artificial Intelligence. Both are passively managed. Over the past 5 years, RENW.DE returned 9.15%/yr vs 19.02%/yr for XMLD.DE. A 0.64 correlation means they provide meaningful diversification when combined. Both charge a 0.49% expense ratio.
Performance
RENW.DE vs. XMLD.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with RENW.DE having a 43.00% return and XMLD.DE slightly lower at 42.18%.
RENW.DE
- 1D
- -1.77%
- 1M
- 4.00%
- YTD
- 43.00%
- 6M
- 41.28%
- 1Y
- 80.41%
- 3Y*
- 15.60%
- 5Y*
- 9.15%
- 10Y*
- —
XMLD.DE
- 1D
- -0.78%
- 1M
- 19.30%
- YTD
- 42.18%
- 6M
- 38.22%
- 1Y
- 72.24%
- 3Y*
- 33.99%
- 5Y*
- 19.02%
- 10Y*
- —
RENW.DE vs. XMLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RENW.DE L&G Clean Energy UCITS ETF | 43.00% | 35.27% | -9.64% | -11.30% | -3.32% | 1.09% | 18.53% |
XMLD.DE L&G Artificial Intelligence UCITS ETF | 42.18% | 16.99% | 25.17% | 54.28% | -36.45% | 19.09% | 9.25% |
Correlation
The correlation between RENW.DE and XMLD.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020 | 0.64 |
The correlation between RENW.DE and XMLD.DE has been stable across timeframes, ranging from 0.61 to 0.64 - a consistent structural relationship.
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Return for Risk
RENW.DE vs. XMLD.DE — Risk / Return Rank
RENW.DE
XMLD.DE
RENW.DE vs. XMLD.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 L&G Artificial Intelligence UCITS ETF (XMLD.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 | XMLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.44 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 9.22 | 4.62 | +4.60 |
| Martin ratioReturn relative to average drawdown | 34.50 | 12.52 | +21.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RENW.DE | XMLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.49 | 2.76 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.69 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.82 | -0.33 |
Drawdowns
RENW.DE vs. XMLD.DE - Drawdown Comparison
The maximum RENW.DE drawdown since its inception was -43.93%, roughly equal to the maximum XMLD.DE drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for RENW.DE and XMLD.DE.
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Drawdown Indicators
| RENW.DE | XMLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.93% | -42.81% | -1.12% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -15.80% | +7.17% |
Max Drawdown (3Y)Largest decline over 3 years | -35.00% | -33.67% | -1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -42.30% | -42.81% | +0.51% |
Current DrawdownCurrent decline from peak | -3.64% | -2.30% | -1.34% |
Average DrawdownAverage peak-to-trough decline | -17.33% | -13.51% | -3.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 5.84% | -3.53% |
Volatility
RENW.DE vs. XMLD.DE - Volatility Comparison
The current volatility for L&G Clean Energy UCITS ETF (RENW.DE) is 8.24%, while L&G Artificial Intelligence UCITS ETF (XMLD.DE) has a volatility of 10.34%. This indicates that RENW.DE experiences smaller price fluctuations and is considered to be less risky than XMLD.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 | XMLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.24% | 10.34% | -2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 16.85% | 19.89% | -3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.80% | 26.47% | -3.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.02% | 27.22% | -5.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.48% | 28.52% | -6.04% |
RENW.DE vs. XMLD.DE - Expense Ratio Comparison
Both RENW.DE and XMLD.DE have an expense ratio of 0.49%.
Dividends
RENW.DE vs. XMLD.DE - Dividend Comparison
Neither RENW.DE nor XMLD.DE has paid dividends to shareholders.
Frequently Asked Questions
RENW.DE and XMLD.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
RENW.DE and XMLD.DE have the same expense ratio: 0.49% per year.
RENW.DE is categorized as Energy Equities, while XMLD.DE is Technology Equities. RENW.DE tracks Solactive Clean Energy, while XMLD.DE tracks ROBO Global Artificial Intelligence.
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