WREE.L vs. WRNW.DE
WREE.L (WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc) and WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) are both exchange-traded funds - WREE.L is a Rare Earth & Strategic Metals fund tracking the WisdomTree Strategic Metals and Rare Earths Miners Index, while WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy. Both are passively managed. Over the past year, WREE.L returned 90.87% vs 108.68% for WRNW.DE. A 0.54 correlation means they provide meaningful diversification when combined. WREE.L charges 0.50%/yr vs 0.45%/yr for WRNW.DE.
Performance
WREE.L vs. WRNW.DE - Performance Comparison
Loading charts...
Different Trading Currencies
WREE.L is traded in GBp, while WRNW.DE is traded in EUR. To make them comparable, the WRNW.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WREE.L achieves a 7.84% return, which is significantly lower than WRNW.DE's 29.09% return.
WREE.L
- 1D
- 0.00%
- 1M
- -14.93%
- YTD
- 7.84%
- 6M
- 16.54%
- 1Y
- 90.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WRNW.DE
- 1D
- -2.30%
- 1M
- 1.20%
- YTD
- 29.09%
- 6M
- 29.85%
- 1Y
- 108.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WREE.L vs. WRNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WREE.L WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc | 7.84% | 100.33% | 7,349.36% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 29.09% | 59.38% | -11.34% |
Correlation
The correlation between WREE.L and WRNW.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.54 |
The correlation between WREE.L and WRNW.DE has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.
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
WREE.L vs. WRNW.DE — Risk / Return Rank
WREE.L
WRNW.DE
WREE.L vs. WRNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) and WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.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.
| WREE.L | WRNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.17 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.55 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.32 | 7.35 | -4.02 |
| Martin ratioReturn relative to average drawdown | 7.72 | 23.98 | -16.26 |
Loading charts...
Drawdowns
WREE.L vs. WRNW.DE - Drawdown Comparison
The maximum WREE.L drawdown since its inception was -27.50%, smaller than the maximum WRNW.DE drawdown of -49.83%. Use the drawdown chart below to compare losses from any high point for WREE.L and WRNW.DE.
Loading charts...
Drawdown Indicators
| WREE.L | WRNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.50% | -49.83% | +22.33% |
Max Drawdown (1Y)Largest decline over 1 year | -26.87% | -15.21% | -11.66% |
Max Drawdown (3Y)Largest decline over 3 years | — | -49.83% | — |
Current DrawdownCurrent decline from peak | -19.29% | -4.20% | -15.09% |
Average DrawdownAverage peak-to-trough decline | -10.25% | -21.74% | +11.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.56% | 4.67% | +6.89% |
Volatility
WREE.L vs. WRNW.DE - Volatility Comparison
WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) has a higher volatility of 12.90% compared to WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) at 10.16%. This indicates that WREE.L's price experiences larger fluctuations and is considered to be riskier than WRNW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WREE.L | WRNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.90% | 10.16% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 30.74% | 19.00% | +11.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.33% | 29.74% | +26.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5,411.89% | 25.75% | +5,386.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5,411.89% | 25.75% | +5,386.14% |
WREE.L vs. WRNW.DE - Expense Ratio Comparison
WREE.L has a 0.50% expense ratio, which is higher than WRNW.DE's 0.45% expense ratio.
Dividends
WREE.L vs. WRNW.DE - Dividend Comparison
Neither WREE.L nor WRNW.DE has paid dividends to shareholders.
Frequently Asked Questions
WREE.L and WRNW.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WRNW.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WRNW.DE is cheaper with a 0.45% expense ratio, compared with 0.50% for WREE.L.
WREE.L is categorized as Rare Earth & Strategic Metals, while WRNW.DE is Energy Equities. WREE.L tracks WisdomTree Strategic Metals and Rare Earths Miners Index, while WRNW.DE tracks WisdomTree Renewable Energy. Their fees differ too: 0.50% for WREE.L and 0.45% for WRNW.DE.
Find the right allocation for WREE.L and WRNW.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