WRNW.DE vs. JMLP.DE
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) and JMLP.DE (HANetf Alerian Midstream Energy Dividend UCITS ETF) are both Energy Equities funds - WRNW.DE tracks the WisdomTree Renewable Energy while JMLP.DE tracks the Alerian Midstream Energy Dividend. Both are passively managed. Over the past 3 years, WRNW.DE returned 3.97%/yr vs 24.87%/yr for JMLP.DE. At a 0.09 correlation, their price movements are largely independent. WRNW.DE charges 0.45%/yr vs 0.40%/yr for JMLP.DE.
Performance
WRNW.DE vs. JMLP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WRNW.DE achieves a 10.58% return, which is significantly lower than JMLP.DE's 34.01% return.
WRNW.DE
- 1D
- 0.00%
- 1M
- -10.40%
- 6M
- 3.15%
- YTD
- 10.58%
- 1Y
- 57.39%
- 3Y*
- 3.97%
- 5Y*
- —
- 10Y*
- —
JMLP.DE
- 1D
- 0.00%
- 1M
- 5.39%
- 6M
- 31.51%
- YTD
- 34.01%
- 1Y
- 36.54%
- 3Y*
- 24.87%
- 5Y*
- 20.75%
- 10Y*
- —
WRNW.DE vs. JMLP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 10.58% | 51.49% | -23.68% | -11.96% |
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 34.01% | -5.93% | 40.86% | 7.35% |
Correlation
The correlation between WRNW.DE and JMLP.DE is -0.15, 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 | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023 | 0.09 |
The correlation between WRNW.DE and JMLP.DE shifts across timeframes, from -0.15 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WRNW.DE vs. JMLP.DE — Risk / Return Rank
WRNW.DE
JMLP.DE
WRNW.DE vs. JMLP.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 HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.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.
| WRNW.DE | JMLP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.31 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 3.33 | -0.54 |
| Martin ratioReturn relative to average drawdown | 8.97 | 9.43 | -0.46 |
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Drawdowns
WRNW.DE vs. JMLP.DE - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, which is greater than JMLP.DE's maximum drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and JMLP.DE.
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Drawdown Indicators
| WRNW.DE | JMLP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -22.29% | -26.85% |
Max Drawdown (1Y)Largest decline over 1 year | -20.66% | -11.02% | -9.64% |
Max Drawdown (3Y)Largest decline over 3 years | -49.14% | -22.29% | -26.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.29% | — |
Current DrawdownCurrent decline from peak | -18.48% | -0.22% | -18.26% |
Average DrawdownAverage peak-to-trough decline | -20.62% | -6.40% | -14.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.42% | 3.89% | +2.53% |
Volatility
WRNW.DE vs. JMLP.DE - Volatility Comparison
WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a higher volatility of 10.19% compared to HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) at 5.32%. This indicates that WRNW.DE's price experiences larger fluctuations and is considered to be riskier than JMLP.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 | JMLP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.19% | 5.32% | +4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 16.12% | +6.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.96% | 19.46% | +12.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.52% | 20.40% | +6.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.52% | 21.42% | +5.10% |
WRNW.DE vs. JMLP.DE - Expense Ratio Comparison
WRNW.DE has a 0.45% expense ratio, which is higher than JMLP.DE's 0.40% expense ratio.
Dividends
WRNW.DE vs. JMLP.DE - Dividend Comparison
WRNW.DE has not paid dividends to shareholders, while JMLP.DE's dividend yield for the trailing twelve months is around 2.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 2.74% | 3.38% | 3.34% | 6.50% | 6.31% | 6.46% | 4.11% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WRNW.DE and JMLP.DE 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, JMLP.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JMLP.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for WRNW.DE.
WRNW.DE tracks WisdomTree Renewable Energy, while JMLP.DE tracks Alerian Midstream Energy Dividend. They also come from different issuers: WisdomTree and HANetf. Their fees differ too: 0.45% for WRNW.DE and 0.40% for JMLP.DE.
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