WRNW.DE vs. CEMR.DE
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) and CEMR.DE (iShares Edge MSCI Europe Momentum Factor UCITS ETF) are both exchange-traded funds - WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy, while CEMR.DE is a Momentum fund tracking the MSCI Europe Momentum Index. Both are passively managed. Over the past year, WRNW.DE returned 107.60% vs 16.81% for CEMR.DE. At a 0.43 correlation, their price movements are largely independent. WRNW.DE charges 0.45%/yr vs 0.25%/yr for CEMR.DE.
Performance
WRNW.DE vs. CEMR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WRNW.DE achieves a 30.17% return, which is significantly higher than CEMR.DE's 7.91% return.
WRNW.DE
- 1D
- -2.37%
- 1M
- 3.73%
- YTD
- 30.17%
- 6M
- 29.38%
- 1Y
- 107.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEMR.DE
- 1D
- -0.11%
- 1M
- 0.87%
- YTD
- 7.91%
- 6M
- 11.86%
- 1Y
- 16.81%
- 3Y*
- 20.23%
- 5Y*
- 11.35%
- 10Y*
- 11.36%
WRNW.DE vs. CEMR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 30.17% | 51.49% | -23.68% | -12.62% |
CEMR.DE iShares Edge MSCI Europe Momentum Factor UCITS ETF | 7.91% | 27.17% | 20.01% | 5.24% |
Correlation
The correlation between WRNW.DE and CEMR.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023 | 0.43 |
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Return for Risk
WRNW.DE vs. CEMR.DE — Risk / Return Rank
WRNW.DE
CEMR.DE
WRNW.DE vs. CEMR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) and iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.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.
| WRNW.DE | CEMR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.53 | ||
| Sortino ratioReturn per unit of downside risk | +2.45 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.19 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 7.07 | 1.49 | +5.58 |
| Martin ratioReturn relative to average drawdown | 23.97 | 5.53 | +18.44 |
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
| WRNW.DE | CEMR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.54 | 1.01 | +2.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.69 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.61 | -0.24 |
Drawdowns
WRNW.DE vs. CEMR.DE - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, which is greater than CEMR.DE's maximum drawdown of -31.78%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and CEMR.DE.
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Drawdown Indicators
| WRNW.DE | CEMR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -31.78% | -17.36% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | -11.73% | -3.31% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.78% | — |
Current DrawdownCurrent decline from peak | -4.04% | -1.48% | -2.56% |
Average DrawdownAverage peak-to-trough decline | -20.88% | -6.03% | -14.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 3.16% | +1.28% |
Volatility
WRNW.DE vs. CEMR.DE - Volatility Comparison
WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a higher volatility of 10.28% compared to iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.DE) at 4.42%. This indicates that WRNW.DE's price experiences larger fluctuations and is considered to be riskier than CEMR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WRNW.DE | CEMR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.28% | 4.42% | +5.86% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 14.63% | +4.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 17.29% | +12.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.02% | 16.37% | +9.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.02% | 16.48% | +9.54% |
WRNW.DE vs. CEMR.DE - Expense Ratio Comparison
WRNW.DE has a 0.45% expense ratio, which is higher than CEMR.DE's 0.25% expense ratio.
Dividends
WRNW.DE vs. CEMR.DE - Dividend Comparison
Neither WRNW.DE nor CEMR.DE has paid dividends to shareholders.
Frequently Asked Questions
WRNW.DE and CEMR.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEMR.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEMR.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for WRNW.DE.
WRNW.DE is categorized as Energy Equities, while CEMR.DE is Momentum. WRNW.DE tracks WisdomTree Renewable Energy, while CEMR.DE tracks MSCI Europe Momentum Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.45% for WRNW.DE and 0.25% for CEMR.DE.
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