V0IH.DE vs. RENW.DE
V0IH.DE (VanEck Oil Services UCITS ETF A) and RENW.DE (L&G Clean Energy UCITS ETF) are both Energy Equities funds - V0IH.DE tracks the MarketVector US Listed Oil Services 10% Capped while RENW.DE tracks the Solactive Clean Energy. Both are passively managed. Over the past 3 years, V0IH.DE returned 18.80%/yr vs 15.60%/yr for RENW.DE. At a 0.31 correlation, their price movements are largely independent. V0IH.DE charges 0.35%/yr vs 0.49%/yr for RENW.DE.
Performance
V0IH.DE vs. RENW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, V0IH.DE achieves a 55.27% return, which is significantly higher than RENW.DE's 43.00% return.
V0IH.DE
- 1D
- 0.53%
- 1M
- 1.36%
- YTD
- 55.27%
- 6M
- 44.59%
- 1Y
- 95.72%
- 3Y*
- 18.80%
- 5Y*
- —
- 10Y*
- —
RENW.DE
- 1D
- -1.77%
- 1M
- 4.00%
- YTD
- 43.00%
- 6M
- 41.28%
- 1Y
- 80.41%
- 3Y*
- 15.60%
- 5Y*
- 9.15%
- 10Y*
- —
V0IH.DE vs. RENW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
V0IH.DE VanEck Oil Services UCITS ETF A | 55.27% | -0.77% | -6.42% | 13.18% |
RENW.DE L&G Clean Energy UCITS ETF | 43.00% | 35.27% | -9.64% | -10.95% |
Correlation
The correlation between V0IH.DE and RENW.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2023 | 0.31 |
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Return for Risk
V0IH.DE vs. RENW.DE — Risk / Return Rank
V0IH.DE
RENW.DE
V0IH.DE vs. RENW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Services UCITS ETF A (V0IH.DE) and L&G Clean Energy UCITS ETF (RENW.DE). 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.
| V0IH.DE | RENW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.56 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 10.49 | 9.22 | +1.27 |
| Martin ratioReturn relative to average drawdown | 24.98 | 34.50 | -9.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| V0IH.DE | RENW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.30 | 3.49 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.49 | +0.07 |
Drawdowns
V0IH.DE vs. RENW.DE - Drawdown Comparison
The maximum V0IH.DE drawdown since its inception was -44.39%, roughly equal to the maximum RENW.DE drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for V0IH.DE and RENW.DE.
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Drawdown Indicators
| V0IH.DE | RENW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.39% | -43.93% | -0.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.09% | -8.63% | -0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -44.39% | -35.00% | -9.39% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.30% | — |
Current DrawdownCurrent decline from peak | -3.97% | -3.64% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -15.06% | -17.33% | +2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.82% | 2.31% | +1.51% |
Volatility
V0IH.DE vs. RENW.DE - Volatility Comparison
VanEck Oil Services UCITS ETF A (V0IH.DE) has a higher volatility of 8.79% compared to L&G Clean Energy UCITS ETF (RENW.DE) at 8.24%. This indicates that V0IH.DE's price experiences larger fluctuations and is considered to be riskier than RENW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| V0IH.DE | RENW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.79% | 8.24% | +0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 20.57% | 16.85% | +3.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.00% | 22.80% | +6.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.69% | 22.02% | +7.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.69% | 22.48% | +7.21% |
V0IH.DE vs. RENW.DE - Expense Ratio Comparison
V0IH.DE has a 0.35% expense ratio, which is lower than RENW.DE's 0.49% expense ratio.
Dividends
V0IH.DE vs. RENW.DE - Dividend Comparison
Neither V0IH.DE nor RENW.DE has paid dividends to shareholders.
Frequently Asked Questions
V0IH.DE and RENW.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, V0IH.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
V0IH.DE is cheaper with a 0.35% expense ratio, compared with 0.49% for RENW.DE.
V0IH.DE tracks MarketVector US Listed Oil Services 10% Capped, while RENW.DE tracks Solactive Clean Energy. They also come from different issuers: VanEck and Legal & General. Their fees differ too: 0.35% for V0IH.DE and 0.49% for RENW.DE.
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