RNRG.L vs. WNDY.L
RNRG.L (Global X Renewable Energy Producers UCITS ETF USD (Acc)) and WNDY.L (Global X Wind Energy UCITS ETF USD (Acc)) are both exchange-traded funds - RNRG.L is a Alternative Energy Equities fund tracking the Indxx Renewable Energy Producers v2 Index, while WNDY.L is a Global Equities fund tracking the Solactive Wind Energy v2 Index. Both are passively managed. Over the past 3 years, RNRG.L returned 1.38%/yr vs -1.62%/yr for WNDY.L. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
RNRG.L vs. WNDY.L - Performance Comparison
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Returns By Period
In the year-to-date period, RNRG.L achieves a 8.41% return, which is significantly higher than WNDY.L's 0.09% return.
RNRG.L
- 1D
- -0.39%
- 1M
- -3.01%
- 6M
- 3.78%
- YTD
- 8.41%
- 1Y
- 26.13%
- 3Y*
- 1.38%
- 5Y*
- —
- 10Y*
- —
WNDY.L
- 1D
- -0.62%
- 1M
- -10.14%
- 6M
- -7.15%
- YTD
- 0.09%
- 1Y
- 16.74%
- 3Y*
- -1.62%
- 5Y*
- —
- 10Y*
- —
RNRG.L vs. WNDY.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
RNRG.L Global X Renewable Energy Producers UCITS ETF USD (Acc) | 8.41% | 34.05% | -23.00% | -14.97% | -2.66% |
WNDY.L Global X Wind Energy UCITS ETF USD (Acc) | 0.09% | 32.58% | -20.21% | -19.30% | -12.05% |
Correlation
The correlation between RNRG.L and WNDY.L is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2022 | 0.69 |
The correlation between RNRG.L and WNDY.L has been stable across timeframes, ranging from 0.66 to 0.70 - a consistent structural relationship.
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Return for Risk
RNRG.L vs. WNDY.L — Risk / Return Rank
RNRG.L
WNDY.L
RNRG.L vs. WNDY.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Renewable Energy Producers UCITS ETF USD (Acc) (RNRG.L) and Global X Wind Energy UCITS ETF USD (Acc) (WNDY.L). 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.
| RNRG.L | WNDY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.14 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 0.74 | +1.10 |
| Martin ratioReturn relative to average drawdown | 6.25 | 2.49 | +3.76 |
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Drawdowns
RNRG.L vs. WNDY.L - Drawdown Comparison
The maximum RNRG.L drawdown since its inception was -51.14%, roughly equal to the maximum WNDY.L drawdown of -52.51%. Use the drawdown chart below to compare losses from any high point for RNRG.L and WNDY.L.
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Drawdown Indicators
| RNRG.L | WNDY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.14% | -52.51% | +1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -14.11% | -22.39% | +8.28% |
Max Drawdown (3Y)Largest decline over 3 years | -37.17% | -35.99% | -1.18% |
Current DrawdownCurrent decline from peak | -19.88% | -29.90% | +10.02% |
Average DrawdownAverage peak-to-trough decline | -26.53% | -30.23% | +3.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.17% | 6.72% | -2.55% |
Volatility
RNRG.L vs. WNDY.L - Volatility Comparison
The current volatility for Global X Renewable Energy Producers UCITS ETF USD (Acc) (RNRG.L) is 4.77%, while Global X Wind Energy UCITS ETF USD (Acc) (WNDY.L) has a volatility of 8.14%. This indicates that RNRG.L experiences smaller price fluctuations and is considered to be less risky than WNDY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNRG.L | WNDY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 8.14% | -3.37% |
Volatility (6M)Calculated over the trailing 6-month period | 14.52% | 17.06% | -2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.19% | 22.41% | -4.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.44% | 23.08% | -1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.44% | 23.08% | -1.64% |
RNRG.L vs. WNDY.L - Expense Ratio Comparison
Both RNRG.L and WNDY.L have an expense ratio of 0.50%.
Dividends
RNRG.L vs. WNDY.L - Dividend Comparison
Neither RNRG.L nor WNDY.L has paid dividends to shareholders.
Frequently Asked Questions
RNRG.L and WNDY.L have a correlation of 0.66, 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 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
RNRG.L and WNDY.L have the same expense ratio: 0.50% per year.
RNRG.L is categorized as Alternative Energy Equities, while WNDY.L is Global Equities. RNRG.L tracks Indxx Renewable Energy Producers v2 Index, while WNDY.L tracks Solactive Wind Energy v2 Index.
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