WELW.DE vs. RENW.DE
WELW.DE (Amundi S&P Global Consumer Staples ESG UCITS ETF EUR Acc) and RENW.DE (L&G Clean Energy UCITS ETF) are both exchange-traded funds - WELW.DE is a Consumer Staples Equities fund tracking the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Staples, while RENW.DE is a Energy Equities fund tracking the Solactive Clean Energy. Both are passively managed. Over the past 3 years, WELW.DE returned 3.08%/yr vs 12.55%/yr for RENW.DE. At a 0.07 correlation, their price movements are largely independent. WELW.DE charges 0.18%/yr vs 0.49%/yr for RENW.DE.
Performance
WELW.DE vs. RENW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WELW.DE achieves a 9.78% return, which is significantly lower than RENW.DE's 25.28% return.
WELW.DE
- 1D
- 0.00%
- 1M
- 2.97%
- 6M
- 5.92%
- YTD
- 9.78%
- 1Y
- 8.72%
- 3Y*
- 3.08%
- 5Y*
- —
- 10Y*
- —
RENW.DE
- 1D
- -1.09%
- 1M
- -9.33%
- 6M
- 15.09%
- YTD
- 25.28%
- 1Y
- 45.99%
- 3Y*
- 12.55%
- 5Y*
- 5.96%
- 10Y*
- —
WELW.DE vs. RENW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WELW.DE Amundi S&P Global Consumer Staples ESG UCITS ETF EUR Acc | 9.78% | -7.11% | 9.48% | -1.99% | 0.02% |
RENW.DE L&G Clean Energy UCITS ETF | 25.28% | 35.23% | -9.66% | -11.28% | -5.63% |
Correlation
The correlation between WELW.DE and RENW.DE is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2022 | 0.07 |
The correlation between WELW.DE and RENW.DE shifts across timeframes, from -0.16 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WELW.DE vs. RENW.DE — Risk / Return Rank
WELW.DE
RENW.DE
WELW.DE vs. RENW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Consumer Staples ESG UCITS ETF EUR Acc (WELW.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.
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.
| WELW.DE | RENW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.32 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 2.94 | -1.99 |
| Martin ratioReturn relative to average drawdown | 1.99 | 10.86 | -8.87 |
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Drawdowns
WELW.DE vs. RENW.DE - Drawdown Comparison
The maximum WELW.DE drawdown since its inception was -13.88%, smaller than the maximum RENW.DE drawdown of -43.92%. Use the drawdown chart below to compare losses from any high point for WELW.DE and RENW.DE.
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Drawdown Indicators
| WELW.DE | RENW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.88% | -43.92% | +30.04% |
Max Drawdown (1Y)Largest decline over 1 year | -9.17% | -15.59% | +6.42% |
Max Drawdown (3Y)Largest decline over 3 years | -13.88% | -31.98% | +18.10% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.32% | — |
Current DrawdownCurrent decline from peak | -3.13% | -15.59% | +12.46% |
Average DrawdownAverage peak-to-trough decline | -5.41% | -17.12% | +11.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.37% | 4.22% | +0.15% |
Volatility
WELW.DE vs. RENW.DE - Volatility Comparison
The current volatility for Amundi S&P Global Consumer Staples ESG UCITS ETF EUR Acc (WELW.DE) is 4.70%, while L&G Clean Energy UCITS ETF (RENW.DE) has a volatility of 8.36%. This indicates that WELW.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.
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Volatility by Period
| WELW.DE | RENW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.70% | 8.36% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 10.90% | 19.19% | -8.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.34% | 24.44% | -11.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.68% | 22.38% | -10.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.68% | 22.97% | -11.29% |
WELW.DE vs. RENW.DE - Expense Ratio Comparison
WELW.DE has a 0.18% expense ratio, which is lower than RENW.DE's 0.49% expense ratio.
Dividends
WELW.DE vs. RENW.DE - Dividend Comparison
Neither WELW.DE nor RENW.DE has paid dividends to shareholders.
Frequently Asked Questions
WELW.DE and RENW.DE have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELW.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELW.DE is cheaper with a 0.18% expense ratio, compared with 0.49% for RENW.DE.
WELW.DE is categorized as Consumer Staples Equities, while RENW.DE is Energy Equities. WELW.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Staples, while RENW.DE tracks Solactive Clean Energy. They also come from different issuers: Amundi and Legal & General. Their fees differ too: 0.18% for WELW.DE and 0.49% for RENW.DE.
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