RNRU.L vs. RENG.L
Compare and contrast key facts about Global X Renewable Energy Producers UCITS ETF USD Accumulating (RNRU.L) and L&G Clean Energy UCITS ETF (RENG.L).
RNRU.L and RENG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RNRU.L is a passively managed fund by Global X that tracks the performance of the S&P Global Clean Energy TR USD. It was launched on Dec 7, 2021. RENG.L is a passively managed fund by Legal & General that tracks the performance of the S&P Global Clean Energy TR USD. It was launched on Nov 11, 2020. Both RNRU.L and RENG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
RNRU.L vs. RENG.L - Performance Comparison
Loading graphics...
RNRU.L vs. RENG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RNRU.L Global X Renewable Energy Producers UCITS ETF USD Accumulating | 15.52% | 24.83% | -21.90% | -19.50% | -0.25% | -2.90% |
RENG.L L&G Clean Energy UCITS ETF | 21.08% | 40.21% | -12.86% | -13.13% | 2.03% | -3.11% |
Different Trading Currencies
RNRU.L is traded in GBP, while RENG.L is traded in GBp. To make them comparable, the RENG.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, RNRU.L achieves a 15.52% return, which is significantly lower than RENG.L's 21.08% return.
RNRU.L
- 1D
- 1.00%
- 1M
- 3.23%
- YTD
- 15.52%
- 6M
- 22.18%
- 1Y
- 54.96%
- 3Y*
- 0.04%
- 5Y*
- —
- 10Y*
- —
RENG.L
- 1D
- 2.94%
- 1M
- 2.88%
- YTD
- 21.08%
- 6M
- 30.29%
- 1Y
- 78.42%
- 3Y*
- 7.75%
- 5Y*
- 4.35%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RNRU.L vs. RENG.L - Expense Ratio Comparison
RNRU.L has a 0.50% expense ratio, which is higher than RENG.L's 0.49% expense ratio.
Return for Risk
RNRU.L vs. RENG.L — Risk / Return Rank
RNRU.L
RENG.L
RNRU.L vs. RENG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Renewable Energy Producers UCITS ETF USD Accumulating (RNRU.L) and L&G Clean Energy UCITS ETF (RENG.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.
| RNRU.L | RENG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.25 | 3.35 | -0.10 |
Sortino ratioReturn per unit of downside risk | 4.06 | 3.88 | +0.18 |
Omega ratioGain probability vs. loss probability | 1.55 | 1.54 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 7.14 | 8.79 | -1.65 |
Martin ratioReturn relative to average drawdown | 27.68 | 29.02 | -1.35 |
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 graphics...
Sharpe Ratios by Period
| RNRU.L | RENG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.25 | 3.35 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | 0.34 | -0.50 |
Correlation
The correlation between RNRU.L and RENG.L is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
RNRU.L vs. RENG.L - Dividend Comparison
Neither RNRU.L nor RENG.L has paid dividends to shareholders.
Drawdowns
RNRU.L vs. RENG.L - Drawdown Comparison
The maximum RNRU.L drawdown since its inception was -53.53%, which is greater than RENG.L's maximum drawdown of -45.48%. Use the drawdown chart below to compare losses from any high point for RNRU.L and RENG.L.
Loading graphics...
Drawdown Indicators
| RNRU.L | RENG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.53% | -45.48% | -8.05% |
Max Drawdown (1Y)Largest decline over 1 year | -7.57% | -10.56% | +2.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.27% | — |
Current DrawdownCurrent decline from peak | -22.83% | 0.00% | -22.83% |
Average DrawdownAverage peak-to-trough decline | -29.35% | -21.25% | -8.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.68% | -0.73% |
Volatility
RNRU.L vs. RENG.L - Volatility Comparison
The current volatility for Global X Renewable Energy Producers UCITS ETF USD Accumulating (RNRU.L) is 4.65%, while L&G Clean Energy UCITS ETF (RENG.L) has a volatility of 7.29%. This indicates that RNRU.L experiences smaller price fluctuations and is considered to be less risky than RENG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RNRU.L | RENG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 7.29% | -2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 12.15% | 17.56% | -5.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.83% | 23.28% | -6.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.39% | 21.73% | -3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.39% | 22.22% | -3.83% |