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UKW.L vs. GRP.IR
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

UKW.L vs. GRP.IR

Last updated Jun 5, 2026

UKW.L (Greencoat UK Wind) and GRP.IR (Greencoat Renewables PLC) are both stocks. Both are in the Utilities sector — UKW.L in Renewable Energy Infrastructure, GRP.IR in Utilities - Renewable. Over the past 5 years, UKW.L returned 2.16%/yr vs -4.81%/yr for GRP.IR. At a 0.11 correlation, their price movements are largely independent.

Performance

UKW.L vs. GRP.IR - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Greencoat UK Wind (UKW.L) and Greencoat Renewables PLC (GRP.IR). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

UKW.L is traded in GBp, while GRP.IR is traded in EUR. To make them comparable, the GRP.IR values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, UKW.L achieves a 11.30% return, which is significantly higher than GRP.IR's -0.60% return.

UKW.L

1D
0.49%
1M
5.30%
YTD
11.30%
6M
10.91%
1Y
-1.38%
3Y*
-3.39%
5Y*
2.16%
10Y*
6.28%

GRP.IR

1D
0.25%
1M
0.35%
YTD
-0.60%
6M
-0.84%
1Y
2.84%
3Y*
-9.43%
5Y*
-4.81%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

UKW.L vs. GRP.IR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
UKW.L
Greencoat UK Wind		11.30%-15.75%-8.61%5.42%13.59%10.52%-6.21%25.43%8.32%2.55%
GRP.IR
Greencoat Renewables PLC		-0.60%-1.30%-22.68%-8.33%12.33%-4.76%9.33%14.50%4.12%2.27%

Correlation

The correlation between UKW.L and GRP.IR is -0.03, 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

-0.03

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.15

Correlation (All Time)
Calculated using the full available price history since Jul 26, 2017

0.11

The correlation between UKW.L and GRP.IR shifts across timeframes, from -0.03 (1 year) to 0.18 (3 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Greencoat UK Wind

Greencoat Renewables PLC

Often compared with UKW.L:
UKW.L vs. GCP.LUKW.L vs. GRID.LUKW.L vs. ORIT.LUKW.L vs. LGEN.LUKW.L vs. BPCR.L
Often compared with GRP.IR:
GRP.IR vs. SPYGRP.IR vs. GAW.LGRP.IR vs. BP.LGRP.IR vs. HSBA.LGRP.IR vs. RIOGRP.IR vs. GSKGRP.IR vs. BT-A.L

Return for Risk

UKW.L vs. GRP.IR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UKW.L
UKW.L Risk / Return Rank: 3636
Overall Rank
UKW.L Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
UKW.L Sortino Ratio Rank: 3131
Sortino Ratio Rank
UKW.L Omega Ratio Rank: 3131
Omega Ratio Rank
UKW.L Calmar Ratio Rank: 3939
Calmar Ratio Rank
UKW.L Martin Ratio Rank: 3939
Martin Ratio Rank
GRP.IR
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.

UKW.L vs. GRP.IR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Greencoat UK Wind (UKW.L) and Greencoat Renewables PLC (GRP.IR). 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.

UKW.LGRP.IRDifference
Sharpe ratioReturn per unit of total volatility
-0.07
0.70

-0.77

Sortino ratioReturn per unit of downside risk
0.04
1.09

-1.05

Omega ratioGain probability vs. loss probability

1.01

1.13

-0.12

Calmar ratioReturn relative to maximum drawdown

-0.06

1.16

-1.22

Martin ratioReturn relative to average drawdown

-0.09

2.19

-2.29

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UKW.L vs. GRP.IR - Sharpe Ratio Comparison

The current UKW.L Sharpe Ratio is -0.07, which is lower than the GRP.IR Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of UKW.L and GRP.IR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

UKW.LGRP.IRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.07

0.70

-0.77

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

-0.29

+0.40

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.36

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

-0.00

+0.40

Drawdowns

UKW.L vs. GRP.IR - Drawdown Comparison

The maximum UKW.L drawdown since its inception was -32.44%, smaller than the maximum GRP.IR drawdown of -38.43%. Use the drawdown chart below to compare losses from any high point for UKW.L and GRP.IR.

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Drawdown Indicators

UKW.LGRP.IRDifference

Max Drawdown

Largest peak-to-trough decline

-32.44%

-38.43%

+5.99%

Max Drawdown (1Y)

Largest decline over 1 year

-22.32%

-2.42%

-19.90%

Max Drawdown (3Y)

Largest decline over 3 years

-27.01%

-30.77%

+3.76%

Max Drawdown (5Y)

Largest decline over 5 years

-28.40%

-38.43%

+10.03%

Max Drawdown (10Y)

Largest decline over 10 years

-32.44%

—

—

Current Drawdown

Current decline from peak

-17.09%

-34.99%

+17.90%

Average Drawdown

Average peak-to-trough decline

-5.75%

-13.39%

+7.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.98%

1.29%

+13.69%

Volatility

UKW.L vs. GRP.IR - Volatility Comparison

Greencoat UK Wind (UKW.L) has a higher volatility of 5.47% compared to Greencoat Renewables PLC (GRP.IR) at 1.04%. This indicates that UKW.L's price experiences larger fluctuations and is considered to be riskier than GRP.IR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

UKW.LGRP.IRDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.47%

1.04%

+4.43%

Volatility (6M)

Calculated over the trailing 6-month period

14.77%

2.62%

+12.15%

Volatility (1Y)

Calculated over the trailing 1-year period

19.95%

3.99%

+15.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.99%

16.57%

+2.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.64%

19.29%

-1.65%

Dividends

UKW.L vs. GRP.IR - Dividend Comparison

UKW.L's dividend yield for the trailing twelve months is around 10.10%, while GRP.IR has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
GRP.IR
Greencoat Renewables PLC		0.00%0.00%0.00%4.68%5.42%5.41%5.20%5.08%6.90%0.00%0.00%0.00%
UKW.L
Greencoat UK Wind		10.10%10.47%8.56%5.61%4.99%5.09%5.26%4.58%5.31%5.26%5.29%7.21%

Financials

UKW.L vs. GRP.IR - Financials Comparison

This section allows you to compare key financial metrics between Greencoat UK Wind and Greencoat Renewables PLC. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Please note, different currencies. UKW.L values in GBp, GRP.IR values in EUR

Frequently Asked Questions

UKW.L and GRP.IR have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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