WRNW.DE vs. NCLR.L
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) and NCLR.L (WisdomTree Uranium and Nuclear Energy UCITS ETF) are both exchange-traded funds - WRNW.DE is a Energy Equities fund tracking the WisdomTree Renewable Energy, while NCLR.L is a Uranium fund tracking the WisdomTree Uranium and Nuclear Energy UCITS Index. Both are passively managed. Over the past year, WRNW.DE returned 105.32% vs 42.63% for NCLR.L. A 0.56 correlation means they provide meaningful diversification when combined. Both charge a 0.45% expense ratio.
Performance
WRNW.DE vs. NCLR.L - Performance Comparison
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Different Trading Currencies
WRNW.DE is traded in EUR, while NCLR.L is traded in GBp. To make them comparable, the NCLR.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 NCLR.L's 3.58% return.
WRNW.DE
- 1D
- -2.37%
- 1M
- -0.05%
- YTD
- 30.17%
- 6M
- 31.80%
- 1Y
- 105.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NCLR.L
- 1D
- 0.00%
- 1M
- -15.47%
- YTD
- 3.58%
- 6M
- 4.71%
- 1Y
- 42.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WRNW.DE vs. NCLR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 30.17% | 62.32% |
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 3.58% | 104.71% |
Correlation
The correlation between WRNW.DE and NCLR.L is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2025 | 0.56 |
The correlation between WRNW.DE and NCLR.L has been stable across timeframes, ranging from 0.56 to 0.59 - a consistent structural relationship.
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Return for Risk
WRNW.DE vs. NCLR.L — Risk / Return Rank
WRNW.DE
NCLR.L
WRNW.DE vs. NCLR.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 WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.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.
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 | NCLR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.65 | ||
| Sortino ratioReturn per unit of downside risk | +2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.17 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 7.07 | 1.45 | +5.61 |
| Martin ratioReturn relative to average drawdown | 23.97 | 3.43 | +20.54 |
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Drawdowns
WRNW.DE vs. NCLR.L - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, which is greater than NCLR.L's maximum drawdown of -28.95%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and NCLR.L.
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Drawdown Indicators
| WRNW.DE | NCLR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -28.95% | -20.19% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | -28.95% | +13.91% |
Max Drawdown (3Y)Largest decline over 3 years | -49.14% | — | — |
Current DrawdownCurrent decline from peak | -4.04% | -26.84% | +22.80% |
Average DrawdownAverage peak-to-trough decline | -20.86% | -8.73% | -12.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 12.30% | -7.86% |
Volatility
WRNW.DE vs. NCLR.L - Volatility Comparison
The current volatility for WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) is 10.28%, while WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L) has a volatility of 12.89%. This indicates that WRNW.DE experiences smaller price fluctuations and is considered to be less risky than NCLR.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 | NCLR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.28% | 12.89% | -2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 35.18% | -15.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 47.40% | -17.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.01% | 47.77% | -21.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.01% | 47.77% | -21.76% |
WRNW.DE vs. NCLR.L - Expense Ratio Comparison
Both WRNW.DE and NCLR.L have an expense ratio of 0.45%.
Dividends
WRNW.DE vs. NCLR.L - Dividend Comparison
Neither WRNW.DE nor NCLR.L has paid dividends to shareholders.
Frequently Asked Questions
WRNW.DE and NCLR.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WRNW.DE and NCLR.L have the same expense ratio: 0.45% per year.
WRNW.DE is categorized as Energy Equities, while NCLR.L is Uranium. WRNW.DE tracks WisdomTree Renewable Energy, while NCLR.L tracks WisdomTree Uranium and Nuclear Energy UCITS Index.
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