WDNR.DE vs. RENW.DE
WDNR.DE (Amundi Global BioEnergy ESG Screened UCITS ETF EUR Acc) and RENW.DE (L&G Clean Energy UCITS ETF) are both Energy Equities funds - WDNR.DE tracks the Bloomberg BioEnergy ESG while RENW.DE tracks the Solactive Clean Energy. Both are passively managed. Over the past 5 years, WDNR.DE returned 15.63%/yr vs 9.15%/yr for RENW.DE. At a 0.37 correlation, their price movements are largely independent. WDNR.DE charges 0.35%/yr vs 0.49%/yr for RENW.DE.
Performance
WDNR.DE vs. RENW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WDNR.DE achieves a 32.56% return, which is significantly lower than RENW.DE's 43.00% return.
WDNR.DE
- 1D
- -1.19%
- 1M
- -1.06%
- YTD
- 32.56%
- 6M
- 30.95%
- 1Y
- 52.57%
- 3Y*
- 8.76%
- 5Y*
- 15.63%
- 10Y*
- 6.68%
RENW.DE
- 1D
- -1.77%
- 1M
- 4.66%
- YTD
- 43.00%
- 6M
- 41.09%
- 1Y
- 80.00%
- 3Y*
- 15.60%
- 5Y*
- 9.15%
- 10Y*
- —
WDNR.DE vs. RENW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
WDNR.DE Amundi Global BioEnergy ESG Screened UCITS ETF EUR Acc | 32.56% | 10.93% | -16.29% | -1.60% | 53.34% | 50.49% | 8.92% |
RENW.DE L&G Clean Energy UCITS ETF | 43.00% | 35.27% | -9.64% | -11.30% | -3.32% | 1.09% | 18.53% |
Correlation
The correlation between WDNR.DE and RENW.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020 | 0.37 |
The correlation between WDNR.DE and RENW.DE shifts across timeframes, from 0.23 (1 year) to 0.41 (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.
Return for Risk
WDNR.DE vs. RENW.DE — Risk / Return Rank
WDNR.DE
RENW.DE
WDNR.DE vs. RENW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global BioEnergy ESG Screened UCITS ETF EUR Acc (WDNR.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.
| WDNR.DE | RENW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.56 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.91 | 9.22 | -3.31 |
| Martin ratioReturn relative to average drawdown | 24.02 | 34.50 | -10.48 |
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
| WDNR.DE | RENW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.01 | 3.49 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.41 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.49 | -0.24 |
Drawdowns
WDNR.DE vs. RENW.DE - Drawdown Comparison
The maximum WDNR.DE drawdown since its inception was -62.27%, which is greater than RENW.DE's maximum drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for WDNR.DE and RENW.DE.
Loading charts...
Drawdown Indicators
| WDNR.DE | RENW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.27% | -43.93% | -18.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.85% | -8.63% | -0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -34.75% | -35.00% | +0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -40.22% | -42.30% | +2.08% |
Max Drawdown (10Y)Largest decline over 10 years | -61.84% | — | — |
Current DrawdownCurrent decline from peak | -1.19% | -3.64% | +2.45% |
Average DrawdownAverage peak-to-trough decline | -16.70% | -17.33% | +0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 2.31% | -0.13% |
Volatility
WDNR.DE vs. RENW.DE - Volatility Comparison
The current volatility for Amundi Global BioEnergy ESG Screened UCITS ETF EUR Acc (WDNR.DE) is 4.95%, while L&G Clean Energy UCITS ETF (RENW.DE) has a volatility of 8.24%. This indicates that WDNR.DE experiences smaller price fluctuations and is considered to be less risky than RENW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WDNR.DE | RENW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 8.24% | -3.29% |
Volatility (6M)Calculated over the trailing 6-month period | 13.82% | 16.85% | -3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.36% | 22.80% | -5.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.68% | 22.02% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.02% | 22.48% | +4.54% |
WDNR.DE vs. RENW.DE - Expense Ratio Comparison
WDNR.DE has a 0.35% expense ratio, which is lower than RENW.DE's 0.49% expense ratio.
Dividends
WDNR.DE vs. RENW.DE - Dividend Comparison
Neither WDNR.DE nor RENW.DE has paid dividends to shareholders.
Frequently Asked Questions
WDNR.DE and RENW.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDNR.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDNR.DE is cheaper with a 0.35% expense ratio, compared with 0.49% for RENW.DE.
WDNR.DE tracks Bloomberg BioEnergy ESG, while RENW.DE tracks Solactive Clean Energy. They also come from different issuers: Amundi and Legal & General. Their fees differ too: 0.35% for WDNR.DE and 0.49% for RENW.DE.
Find the right allocation for WDNR.DE and RENW.DE
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