RNW vs. DUK
RNW (ReNew Energy Global plc) and DUK (Duke Energy Corporation) are both stocks. Both are in the Utilities sector — RNW in Utilities - Renewable, DUK in Utilities - Regulated Electric. Over the past 5 years, RNW returned -8.86%/yr vs 7.67%/yr for DUK. At a 0.16 correlation, their price movements are largely independent.
Performance
RNW vs. DUK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RNW achieves a 10.62% return, which is significantly higher than DUK's 5.05% return.
RNW
- 1D
- -2.04%
- 1M
- 19.05%
- YTD
- 10.62%
- 6M
- -17.22%
- 1Y
- -9.94%
- 3Y*
- 4.29%
- 5Y*
- -8.86%
- 10Y*
- —
DUK
- 1D
- -0.04%
- 1M
- -4.21%
- YTD
- 5.05%
- 6M
- 3.80%
- 1Y
- 7.32%
- 3Y*
- 14.85%
- 5Y*
- 7.67%
- 10Y*
- 8.55%
RNW vs. DUK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RNW ReNew Energy Global plc | 10.62% | -17.28% | -10.84% | 39.27% | -29.31% | -28.69% |
DUK Duke Energy Corporation | 5.05% | 12.72% | 15.56% | -1.63% | 2.03% | 17.07% |
Correlation
The correlation between RNW and DUK is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2021 | 0.16 |
The correlation between RNW and DUK shifts across timeframes, from -0.05 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RNW:
$2.32B
DUK:
$94.29B
RNW:
$28.22
DUK:
$6.61
RNW:
0.22
DUK:
18.32
RNW:
0.00
DUK:
1.43
RNW:
0.02
DUK:
2.83
RNW:
0.02
DUK:
1.76
RNW:
$132.90B
DUK:
$33.29B
RNW:
$93.10B
DUK:
$19.45B
RNW:
$88.90B
DUK:
$15.91B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RNW vs. DUK — Risk / Return Rank
RNW
DUK
RNW vs. DUK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ReNew Energy Global plc (RNW) and Duke Energy Corporation (DUK). 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.
| RNW | DUK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.09 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 0.68 | -0.90 |
| Martin ratioReturn relative to average drawdown | -0.41 | 1.65 | -2.07 |
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 charts...
Sharpe Ratios by Period
| RNW | DUK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 0.51 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | 0.43 | -0.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.22 | 0.49 | -0.70 |
Drawdowns
RNW vs. DUK - Drawdown Comparison
The maximum RNW drawdown since its inception was -64.92%, smaller than the maximum DUK drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for RNW and DUK.
Loading charts...
Drawdown Indicators
| RNW | DUK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.92% | -71.92% | +7.00% |
Max Drawdown (1Y)Largest decline over 1 year | -45.05% | -10.88% | -34.17% |
Max Drawdown (3Y)Largest decline over 3 years | -45.05% | -11.59% | -33.46% |
Max Drawdown (5Y)Largest decline over 5 years | -64.24% | -24.16% | -40.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.37% | — |
Current DrawdownCurrent decline from peak | -48.05% | -8.52% | -39.53% |
Average DrawdownAverage peak-to-trough decline | -42.62% | -10.85% | -31.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.02% | 4.44% | +19.58% |
Volatility
RNW vs. DUK - Volatility Comparison
ReNew Energy Global plc (RNW) has a higher volatility of 11.30% compared to Duke Energy Corporation (DUK) at 4.83%. This indicates that RNW's price experiences larger fluctuations and is considered to be riskier than DUK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RNW | DUK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.30% | 4.83% | +6.47% |
Volatility (6M)Calculated over the trailing 6-month period | 39.25% | 10.90% | +28.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.58% | 14.39% | +26.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.19% | 17.80% | +29.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.12% | 20.38% | +25.74% |
Dividends
RNW vs. DUK - Dividend Comparison
RNW has not paid dividends to shareholders, while DUK's dividend yield for the trailing twelve months is around 3.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUK Duke Energy Corporation | 3.52% | 3.60% | 3.84% | 4.18% | 3.86% | 3.72% | 4.17% | 4.11% | 4.21% | 4.15% | 4.33% | 4.54% |
RNW ReNew Energy Global plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RNW vs. DUK - Financials Comparison
This section allows you to compare key financial metrics between ReNew Energy Global plc and Duke Energy Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
RNW vs. DUK - Profitability Comparison
RNW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ReNew Energy Global plc reported a gross profit of 15.78B and revenue of 32.29B. Therefore, the gross margin over that period was 48.9%.
DUK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported a gross profit of 6.23B and revenue of 9.18B. Therefore, the gross margin over that period was 67.9%.
RNW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ReNew Energy Global plc reported an operating income of 9.55B and revenue of 32.29B, resulting in an operating margin of 29.6%.
DUK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported an operating income of 2.73B and revenue of 9.18B, resulting in an operating margin of 29.7%.
RNW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ReNew Energy Global plc reported a net income of 789.09M and revenue of 32.29B, resulting in a net margin of 2.4%.
DUK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported a net income of 1.55B and revenue of 9.18B, resulting in a net margin of 16.9%.
Frequently Asked Questions
RNW and DUK have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNW has higher volatility (11.30%) compared to DUK (4.83%). In terms of maximum drawdown, RNW dropped -64.92% vs DUK's -71.92%.
DUK currently has the higher Sharpe Ratio (0.51 vs -0.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for RNW and DUK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer