WRNW.DE vs. H2O.DE
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) is Energy Equities fund tracking the WisdomTree Renewable Energy, while H2O.DE (Enapter AG) is a stock. Over the past year, WRNW.DE returned 107.60% vs -49.29% for H2O.DE. At a 0.03 correlation, their price movements are largely independent.
Performance
WRNW.DE vs. H2O.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 H2O.DE's -16.72% return.
WRNW.DE
- 1D
- -2.37%
- 1M
- 3.73%
- YTD
- 30.17%
- 6M
- 29.38%
- 1Y
- 107.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
H2O.DE
- 1D
- -4.05%
- 1M
- 16.39%
- YTD
- -16.72%
- 6M
- -34.86%
- 1Y
- -49.29%
- 3Y*
- -51.11%
- 5Y*
- -44.30%
- 10Y*
- —
WRNW.DE vs. H2O.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% |
H2O.DE Enapter AG | -16.72% | -58.92% | -58.42% | -20.79% |
Correlation
The correlation between WRNW.DE and H2O.DE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023 | 0.03 |
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Return for Risk
WRNW.DE vs. H2O.DE — Risk / Return Rank
WRNW.DE
H2O.DE
WRNW.DE vs. H2O.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 Enapter AG (H2O.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 | H2O.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.34 | ||
| Sortino ratioReturn per unit of downside risk | +5.36 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 0.86 | +0.66 |
| Calmar ratioReturn relative to maximum drawdown | 7.07 | -0.79 | +7.85 |
| Martin ratioReturn relative to average drawdown | 23.97 | -1.22 | +25.19 |
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 | H2O.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.54 | -0.80 | +4.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | -0.77 | +1.14 |
Drawdowns
WRNW.DE vs. H2O.DE - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, smaller than the maximum H2O.DE drawdown of -98.00%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and H2O.DE.
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Drawdown Indicators
| WRNW.DE | H2O.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -98.00% | +48.86% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | -63.67% | +48.63% |
Max Drawdown (3Y)Largest decline over 3 years | — | -91.68% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -96.32% | — |
Current DrawdownCurrent decline from peak | -4.04% | -97.39% | +93.35% |
Average DrawdownAverage peak-to-trough decline | -20.88% | -76.16% | +55.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 41.03% | -36.59% |
Volatility
WRNW.DE vs. H2O.DE - Volatility Comparison
The current volatility for WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) is 10.28%, while Enapter AG (H2O.DE) has a volatility of 18.97%. This indicates that WRNW.DE experiences smaller price fluctuations and is considered to be less risky than H2O.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 | H2O.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.28% | 18.97% | -8.69% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 35.77% | -16.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 62.47% | -32.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.02% | 49.20% | -23.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.02% | 61.41% | -35.39% |
Dividends
WRNW.DE vs. H2O.DE - Dividend Comparison
Neither WRNW.DE nor H2O.DE has paid dividends to shareholders.
Frequently Asked Questions
WRNW.DE and H2O.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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