RNRU.L vs. VWRA.L
Compare and contrast key facts about Global X Renewable Energy Producers UCITS ETF USD Accumulating (RNRU.L) and Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L).
RNRU.L and VWRA.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. VWRA.L is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 23, 2019. Both RNRU.L and VWRA.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNRU.L or VWRA.L.
Correlation
The correlation between RNRU.L and VWRA.L is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RNRU.L vs. VWRA.L - Performance Comparison
Key characteristics
RNRU.L:
-0.86
VWRA.L:
1.69
RNRU.L:
-1.11
VWRA.L:
2.33
RNRU.L:
0.87
VWRA.L:
1.30
RNRU.L:
-0.30
VWRA.L:
2.58
RNRU.L:
-1.50
VWRA.L:
9.98
RNRU.L:
9.72%
VWRA.L:
1.95%
RNRU.L:
17.09%
VWRA.L:
11.62%
RNRU.L:
-48.81%
VWRA.L:
-33.62%
RNRU.L:
-48.78%
VWRA.L:
-0.28%
Returns By Period
In the year-to-date period, RNRU.L achieves a -4.28% return, which is significantly lower than VWRA.L's 3.34% return.
RNRU.L
-4.28%
-3.95%
-16.27%
-16.22%
N/A
N/A
VWRA.L
3.34%
5.22%
10.18%
17.72%
10.24%
N/A
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. VWRA.L - Expense Ratio Comparison
RNRU.L has a 0.50% expense ratio, which is higher than VWRA.L's 0.22% expense ratio.
Risk-Adjusted Performance
RNRU.L vs. VWRA.L — Risk-Adjusted Performance Rank
RNRU.L
VWRA.L
RNRU.L vs. VWRA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Renewable Energy Producers UCITS ETF USD Accumulating (RNRU.L) and Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.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.
Dividends
RNRU.L vs. VWRA.L - Dividend Comparison
Neither RNRU.L nor VWRA.L has paid dividends to shareholders.
Drawdowns
RNRU.L vs. VWRA.L - Drawdown Comparison
The maximum RNRU.L drawdown since its inception was -48.81%, which is greater than VWRA.L's maximum drawdown of -33.62%. Use the drawdown chart below to compare losses from any high point for RNRU.L and VWRA.L. For additional features, visit the drawdowns tool.
Volatility
RNRU.L vs. VWRA.L - Volatility Comparison
Global X Renewable Energy Producers UCITS ETF USD Accumulating (RNRU.L) has a higher volatility of 4.48% compared to Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) at 3.43%. This indicates that RNRU.L's price experiences larger fluctuations and is considered to be riskier than VWRA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.