WRNW.DE vs. LBNK.DE
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) and LBNK.DE (Lyxor STOXX Europe 600 Banks UCITS ETF Acc) are both exchange-traded funds - WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy, while LBNK.DE is a Financials Equities fund tracking the STOXX® Europe 600 Banks. Both are passively managed. Over the past year, WRNW.DE returned 107.60% vs 40.00% for LBNK.DE. At a 0.41 correlation, their price movements are largely independent. WRNW.DE charges 0.45%/yr vs 0.30%/yr for LBNK.DE.
Performance
WRNW.DE vs. LBNK.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 LBNK.DE's 7.56% return.
WRNW.DE
- 1D
- -2.37%
- 1M
- 3.73%
- YTD
- 30.17%
- 6M
- 29.38%
- 1Y
- 107.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LBNK.DE
- 1D
- 0.67%
- 1M
- 2.51%
- YTD
- 7.56%
- 6M
- 15.54%
- 1Y
- 40.00%
- 3Y*
- 42.34%
- 5Y*
- 27.76%
- 10Y*
- 14.15%
WRNW.DE vs. LBNK.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% |
LBNK.DE Lyxor STOXX Europe 600 Banks UCITS ETF Acc | 7.56% | 76.66% | 32.67% | 13.04% |
Correlation
The correlation between WRNW.DE and LBNK.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023 | 0.41 |
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Return for Risk
WRNW.DE vs. LBNK.DE — Risk / Return Rank
WRNW.DE
LBNK.DE
WRNW.DE vs. LBNK.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 Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.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 | LBNK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.31 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 7.07 | 2.60 | +4.47 |
| Martin ratioReturn relative to average drawdown | 23.97 | 8.86 | +15.10 |
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 | LBNK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.54 | 1.86 | +1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.20 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.06 | +0.31 |
Drawdowns
WRNW.DE vs. LBNK.DE - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, smaller than the maximum LBNK.DE drawdown of -81.84%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and LBNK.DE.
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Drawdown Indicators
| WRNW.DE | LBNK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -81.84% | +32.70% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | -15.83% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.08% | — |
Current DrawdownCurrent decline from peak | -4.04% | -1.13% | -2.91% |
Average DrawdownAverage peak-to-trough decline | -20.88% | -53.20% | +32.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 4.65% | -0.21% |
Volatility
WRNW.DE vs. LBNK.DE - Volatility Comparison
WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a higher volatility of 10.28% compared to Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) at 5.68%. This indicates that WRNW.DE's price experiences larger fluctuations and is considered to be riskier than LBNK.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 | LBNK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.28% | 5.68% | +4.60% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 18.02% | +1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 22.10% | +7.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.02% | 22.90% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.02% | 25.34% | +0.68% |
WRNW.DE vs. LBNK.DE - Expense Ratio Comparison
WRNW.DE has a 0.45% expense ratio, which is higher than LBNK.DE's 0.30% expense ratio.
Dividends
WRNW.DE vs. LBNK.DE - Dividend Comparison
Neither WRNW.DE nor LBNK.DE has paid dividends to shareholders.
Frequently Asked Questions
WRNW.DE and LBNK.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LBNK.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LBNK.DE is cheaper with a 0.30% expense ratio, compared with 0.45% for WRNW.DE.
WRNW.DE is categorized as Energy Equities, while LBNK.DE is Financials Equities. WRNW.DE tracks WisdomTree Renewable Energy, while LBNK.DE tracks STOXX® Europe 600 Banks. They also come from different issuers: WisdomTree and Amundi. Their fees differ too: 0.45% for WRNW.DE and 0.30% for LBNK.DE.
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