RNWZ vs. VCLN

Last updated Jun 23, 2026

RNWZ (TrueShares Eagle Global Renewable Energy Income ETF) and VCLN (Virtus Duff & Phelps Clean Energy ETF) are both exchange-traded funds - RNWZ is a Energy Equities fund actively managed by TrueShares, while VCLN is a Sustainable fund actively managed by Virtus Investment Partners. Both are actively managed. Over the past 3 years, RNWZ returned 11.78%/yr vs 19.29%/yr for VCLN. A 0.64 correlation means they provide meaningful diversification when combined. RNWZ charges 0.75%/yr vs 0.59%/yr for VCLN.

Performance

RNWZ vs. VCLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) and Virtus Duff & Phelps Clean Energy ETF (VCLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RNWZ achieves a 14.05% return, which is significantly lower than VCLN's 29.71% return.

RNWZ

• 1D: 1.10%
• 1M: -2.56%
• YTD: 14.05%
• 6M: 15.05%
• 1Y: 33.86%
• 3Y*: 11.78%
• 5Y*: —
• 10Y*: —

VCLN

• 1D: 1.65%
• 1M: -3.17%
• YTD: 29.71%
• 6M: 25.66%
• 1Y: 73.69%
• 3Y*: 19.29%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RNWZ vs. VCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RNWZ TrueShares Eagle Global Renewable Energy Income ETF	14.05%	36.33%	-7.36%	-3.89%	-0.74%
VCLN Virtus Duff & Phelps Clean Energy ETF	29.71%	55.75%	-6.69%	-17.54%	-3.94%

Correlation

The correlation between RNWZ and VCLN is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (All Time) Calculated using the full available price history since Dec 9, 2022	0.64

Over the past year, the correlation between RNWZ and VCLN has dropped to 0.43 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

RNWZ vs. VCLN - Sectors Allocation Comparison

Sectors	RNWZ	VCLN
Utilities	41.0%	34.9%
Financial Services	6.7%	-
Industrials	5.3%	35.0%
Basic Materials	4.8%	-
Energy	3.7%	18.1%
Real Estate	3.1%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Technology	-	9.9%

Return for Risk

RNWZ vs. VCLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RNWZ

RNWZ Risk / Return Rank: 73
RNWZ Sharpe Ratio Rank: 72
RNWZ Sortino Ratio Rank: 69
RNWZ Omega Ratio Rank: 68
RNWZ Calmar Ratio Rank: 86
RNWZ Martin Ratio Rank: 68

VCLN

VCLN Risk / Return Rank: 80
VCLN Sharpe Ratio Rank: 80
VCLN Sortino Ratio Rank: 74
VCLN Omega Ratio Rank: 68
VCLN Calmar Ratio Rank: 89
VCLN Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RNWZ vs. VCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) and Virtus Duff & Phelps Clean Energy ETF (VCLN). 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.

	RNWZ	VCLN	Difference
Sharpe ratio: Return per unit of total volatility	2.22	2.45	-0.23
Sortino ratio: Return per unit of downside risk	3.02	3.16	-0.14
Omega ratio: Gain probability vs. loss probability	1.39	1.39	0.00
Calmar ratio: Return relative to maximum drawdown	4.62	5.13	-0.51
Martin ratio: Return relative to average drawdown	12.19	18.99	-6.80

RNWZ vs. VCLN - Sharpe Ratio Comparison

The current RNWZ Sharpe Ratio is 2.22, which is comparable to the VCLN Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of RNWZ and VCLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RNWZ vs. VCLN - Drawdown Comparison

The maximum RNWZ drawdown since its inception was -24.90%, smaller than the maximum VCLN drawdown of -45.66%. Use the drawdown chart below to compare losses from any high point for RNWZ and VCLN.

Drawdown Indicators

	RNWZ	VCLN	Difference
Max Drawdown Largest peak-to-trough decline	-24.90%	-45.66%	+20.76%
Max Drawdown (1Y) Largest decline over 1 year	-7.36%	-14.45%	+7.09%
Max Drawdown (3Y) Largest decline over 3 years	-24.74%	-29.25%	+4.51%
Current Drawdown Current decline from peak	-6.30%	-7.87%	+1.57%
Average Drawdown Average peak-to-trough decline	-7.16%	-23.92%	+16.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	3.90%	-1.11%

Volatility

RNWZ vs. VCLN - Volatility Comparison

The current volatility for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is 4.31%, while Virtus Duff & Phelps Clean Energy ETF (VCLN) has a volatility of 11.49%. This indicates that RNWZ experiences smaller price fluctuations and is considered to be less risky than VCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RNWZ	VCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	11.49%	-7.18%
Volatility (6M) Calculated over the trailing 6-month period	12.21%	21.11%	-8.90%
Volatility (1Y) Calculated over the trailing 1-year period	15.32%	30.28%	-14.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.96%	27.62%	-10.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.96%	27.62%	-10.66%

RNWZ vs. VCLN - Expense Ratio Comparison

RNWZ has a 0.75% expense ratio, which is higher than VCLN's 0.59% expense ratio.

Dividends

RNWZ vs. VCLN - Dividend Comparison

RNWZ's dividend yield for the trailing twelve months is around 1.96%, more than VCLN's 1.61% yield.

Position	TTM	2025	2024	2023	2022
RNWZ TrueShares Eagle Global Renewable Energy Income ETF	1.96%	2.12%	2.36%	3.87%	0.01%
VCLN Virtus Duff & Phelps Clean Energy ETF	1.61%	2.01%	1.16%	1.14%	0.65%

Frequently Asked Questions

Can I hold both RNWZ and VCLN in my portfolio?

RNWZ and VCLN have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RNWZ or VCLN?

VCLN has higher volatility (11.49%) compared to RNWZ (4.31%). In terms of maximum drawdown, RNWZ dropped -24.90% vs VCLN's -45.66%.

Which ETF is better, RNWZ or VCLN?

On 3-year performance, VCLN leads with 19.29% vs 11.78% for RNWZ. On fees, VCLN is cheaper at 0.59% per year. On volatility, RNWZ has been the lower-risk option at 4.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RNWZ or VCLN?

Over the 3-year period, VCLN has performed better with a 19.29% return vs 11.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RNWZ or VCLN?

VCLN is cheaper with a 0.59% expense ratio, compared with 0.75% for RNWZ.

Which ETF pays a higher dividend yield, RNWZ or VCLN?

RNWZ has the higher dividend yield at 1.96%, compared with 1.61% for VCLN.

What is the main difference between RNWZ and VCLN?

RNWZ is categorized as Energy Equities, while VCLN is Sustainable. They also come from different issuers: TrueShares and Virtus Investment Partners. Their fees differ too: 0.75% for RNWZ and 0.59% for VCLN.

Which has better risk-adjusted returns?

VCLN currently has the higher Sharpe Ratio (2.45 vs 2.22), 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.