WRNW.DE vs. ESIH.L
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) and ESIH.L (iShares MSCI Europe Health Care Sector UCITS ETF) are both exchange-traded funds - WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy, while ESIH.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD. Both are passively managed. Over the past year, WRNW.DE returned 107.60% vs 6.04% for ESIH.L. At a 0.19 correlation, their price movements are largely independent. WRNW.DE charges 0.45%/yr vs 0.18%/yr for ESIH.L.
Performance
WRNW.DE vs. ESIH.L - Performance Comparison
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Different Trading Currencies
WRNW.DE is traded in EUR, while ESIH.L is traded in GBP. To make them comparable, the ESIH.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WRNW.DE achieves a 30.17% return, which is significantly higher than ESIH.L's -1.85% return.
WRNW.DE
- 1D
- -2.37%
- 1M
- 3.73%
- YTD
- 30.17%
- 6M
- 29.38%
- 1Y
- 107.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESIH.L
- 1D
- 2.97%
- 1M
- 1.59%
- YTD
- -1.85%
- 6M
- -0.51%
- 1Y
- 6.04%
- 3Y*
- 2.67%
- 5Y*
- 5.75%
- 10Y*
- —
WRNW.DE vs. ESIH.L - 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% |
ESIH.L iShares MSCI Europe Health Care Sector UCITS ETF | -1.83% | 6.88% | 4.34% | 0.06% |
Correlation
The correlation between WRNW.DE and ESIH.L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023 | 0.19 |
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Return for Risk
WRNW.DE vs. ESIH.L — Risk / Return Rank
WRNW.DE
ESIH.L
WRNW.DE vs. ESIH.L - 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 MSCI Europe Health Care Sector UCITS ETF (ESIH.L). 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 | ESIH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.18 | ||
| Sortino ratioReturn per unit of downside risk | +3.39 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.08 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 7.07 | 0.47 | +6.60 |
| Martin ratioReturn relative to average drawdown | 23.97 | 1.04 | +22.93 |
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 | ESIH.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.54 | 0.36 | +3.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.42 | -0.05 |
Drawdowns
WRNW.DE vs. ESIH.L - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, which is greater than ESIH.L's maximum drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and ESIH.L.
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Drawdown Indicators
| WRNW.DE | ESIH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -25.54% | -23.60% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | -12.93% | -2.11% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.54% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.54% | — |
Current DrawdownCurrent decline from peak | -4.04% | -11.03% | +6.99% |
Average DrawdownAverage peak-to-trough decline | -20.88% | -7.22% | -13.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 5.81% | -1.37% |
Volatility
WRNW.DE vs. ESIH.L - Volatility Comparison
WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a higher volatility of 10.28% compared to iShares MSCI Europe Health Care Sector UCITS ETF (ESIH.L) at 5.28%. This indicates that WRNW.DE's price experiences larger fluctuations and is considered to be riskier than ESIH.L 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 | ESIH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.28% | 5.28% | +5.00% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 11.85% | +7.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 16.89% | +13.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.02% | 15.72% | +10.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.02% | 15.50% | +10.52% |
WRNW.DE vs. ESIH.L - Expense Ratio Comparison
WRNW.DE has a 0.45% expense ratio, which is higher than ESIH.L's 0.18% expense ratio.
Dividends
WRNW.DE vs. ESIH.L - Dividend Comparison
Neither WRNW.DE nor ESIH.L has paid dividends to shareholders.
Frequently Asked Questions
WRNW.DE and ESIH.L have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIH.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIH.L is cheaper with a 0.18% expense ratio, compared with 0.45% for WRNW.DE.
WRNW.DE is categorized as Energy Equities, while ESIH.L is Health & Biotech Equities. WRNW.DE tracks WisdomTree Renewable Energy, while ESIH.L tracks MSCI World/Health Care NR USD. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.45% for WRNW.DE and 0.18% for ESIH.L.
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