RWE.DE vs. AUCO.L

Last updated Jun 9, 2026

RWE.DE (RWE AG) is a stock, while AUCO.L (L&G Gold Mining UCITS ETF) is Gold fund tracking the STOXX Global Gold Miners Index. Over the past 10 years, RWE.DE returned 18.65%/yr vs 14.06%/yr for AUCO.L. At a 0.14 correlation, their price movements are largely independent.

Performance

RWE.DE vs. AUCO.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in RWE AG (RWE.DE) and L&G Gold Mining UCITS ETF (AUCO.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

RWE.DE is traded in EUR, while AUCO.L is traded in USD. To make them comparable, the AUCO.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, RWE.DE achieves a 26.80% return, which is significantly higher than AUCO.L's -6.87% return. Over the past 10 years, RWE.DE has outperformed AUCO.L with an annualized return of 18.65%, while AUCO.L has yielded a comparatively lower 14.06% annualized return.

RWE.DE

• 1D: 0.32%
• 1M: -4.19%
• YTD: 26.80%
• 6M: 32.48%
• 1Y: 71.47%
• 3Y*: 15.36%
• 5Y*: 15.98%
• 10Y*: 18.65%

AUCO.L

• 1D: -1.55%
• 1M: -14.32%
• YTD: -6.87%
• 6M: -1.00%
• 1Y: 52.31%
• 3Y*: 42.90%
• 5Y*: 22.03%
• 10Y*: 14.06%

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

RWE.DE vs. AUCO.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RWE.DE RWE AG	26.80%	62.21%	-27.81%	1.17%	19.08%	6.06%	29.69%	48.79%	14.26%	43.82%
AUCO.L L&G Gold Mining UCITS ETF	-6.87%	148.38%	25.74%	11.57%	-8.99%	-3.40%	11.69%	47.39%	-6.21%	-3.52%

Correlation

The correlation between RWE.DE and AUCO.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Sep 11, 2008	0.14

The correlation between RWE.DE and AUCO.L shifts across timeframes, from 0.14 (all time) to 0.26 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

RWE.DE vs. AUCO.L — Risk / Return Rank

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

RWE.DE

RWE.DE Risk / Return Rank: 94
RWE.DE Sharpe Ratio Rank: 95
RWE.DE Sortino Ratio Rank: 95
RWE.DE Omega Ratio Rank: 93
RWE.DE Calmar Ratio Rank: 95
RWE.DE Martin Ratio Rank: 94

AUCO.L

AUCO.L Risk / Return Rank: 35
AUCO.L Sharpe Ratio Rank: 36
AUCO.L Sortino Ratio Rank: 35
AUCO.L Omega Ratio Rank: 35
AUCO.L Calmar Ratio Rank: 38
AUCO.L Martin Ratio Rank: 33

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.

RWE.DE vs. AUCO.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RWE AG (RWE.DE) and L&G Gold Mining UCITS ETF (AUCO.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.

	RWE.DE	AUCO.L	Difference
Sharpe ratio: Return per unit of total volatility	2.90	1.18	+1.72
Sortino ratio: Return per unit of downside risk	3.81	1.66	+2.15
Omega ratio: Gain probability vs. loss probability	1.47	1.21	+0.26
Calmar ratio: Return relative to maximum drawdown	6.82	1.73	+5.09
Martin ratio: Return relative to average drawdown	16.33	4.53	+11.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RWE.DE vs. AUCO.L - Sharpe Ratio Comparison

The current RWE.DE Sharpe Ratio is 2.90, which is higher than the AUCO.L Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of RWE.DE and AUCO.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RWE.DE	AUCO.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.90	1.18	+1.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.61	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.42	+0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.24	-0.15

Drawdowns

RWE.DE vs. AUCO.L - Drawdown Comparison

The maximum RWE.DE drawdown since its inception was -85.39%, which is greater than AUCO.L's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for RWE.DE and AUCO.L.

Drawdown Indicators

	RWE.DE	AUCO.L	Difference
Max Drawdown Largest peak-to-trough decline	-85.39%	-73.63%	-11.76%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-30.09%	+19.72%
Max Drawdown (3Y) Largest decline over 3 years	-30.49%	-30.09%	-0.40%
Max Drawdown (5Y) Largest decline over 5 years	-32.19%	-41.98%	+9.79%
Max Drawdown (10Y) Largest decline over 10 years	-39.02%	-47.20%	+8.18%
Current Drawdown Current decline from peak	-7.40%	-30.09%	+22.69%
Average Drawdown Average peak-to-trough decline	-45.33%	-33.83%	-11.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	11.52%	-7.18%

Volatility

RWE.DE vs. AUCO.L - Volatility Comparison

The current volatility for RWE AG (RWE.DE) is 7.56%, while L&G Gold Mining UCITS ETF (AUCO.L) has a volatility of 14.37%. This indicates that RWE.DE experiences smaller price fluctuations and is considered to be less risky than AUCO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RWE.DE	AUCO.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.56%	14.37%	-6.81%
Volatility (6M) Calculated over the trailing 6-month period	18.46%	35.45%	-16.99%
Volatility (1Y) Calculated over the trailing 1-year period	24.41%	44.32%	-19.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.58%	36.08%	-10.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.31%	33.72%	-5.41%

Dividends

RWE.DE vs. AUCO.L - Dividend Comparison

RWE.DE's dividend yield for the trailing twelve months is around 2.13%, while AUCO.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUCO.L L&G Gold Mining UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RWE.DE RWE AG	2.13%	2.43%	3.47%	2.19%	2.16%	2.38%	2.31%	2.56%	2.64%	0.00%	1.10%	8.54%

Frequently Asked Questions

Can I hold both RWE.DE and AUCO.L in my portfolio?

RWE.DE and AUCO.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.