WRNW.DE vs. NXT.L
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) is Energy Equities fund tracking the WisdomTree Renewable Energy, while NXT.L (Next plc) is a stock. Over the past 3 years, WRNW.DE returned 3.97%/yr vs 33.09%/yr for NXT.L. At a 0.19 correlation, their price movements are largely independent.
Performance
WRNW.DE vs. NXT.L - Performance Comparison
Loading charts...
Different Trading Currencies
WRNW.DE is traded in EUR, while NXT.L is traded in GBp. To make them comparable, the NXT.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 10.58% return, which is significantly lower than NXT.L's 15.53% return.
WRNW.DE
- 1D
- 0.00%
- 1M
- -10.40%
- 6M
- 3.15%
- YTD
- 10.58%
- 1Y
- 57.39%
- 3Y*
- 3.97%
- 5Y*
- —
- 10Y*
- —
NXT.L
- 1D
- 1.60%
- 1M
- 7.53%
- 6M
- 12.56%
- YTD
- 15.53%
- 1Y
- 29.64%
- 3Y*
- 33.09%
- 5Y*
- 18.85%
- 10Y*
- 14.38%
WRNW.DE vs. NXT.L - 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% |
NXT.L Next plc | 15.53% | 39.19% | 25.49% | 27.94% |
Correlation
The correlation between WRNW.DE and NXT.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023 | 0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WRNW.DE vs. NXT.L — Risk / Return Rank
WRNW.DE
NXT.L
WRNW.DE vs. NXT.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 Next plc (NXT.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 | NXT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 2.05 | +0.74 |
| Martin ratioReturn relative to average drawdown | 8.97 | 5.44 | +3.53 |
Loading charts...
Drawdowns
WRNW.DE vs. NXT.L - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, smaller than the maximum NXT.L drawdown of -65.45%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and NXT.L.
Loading charts...
Drawdown Indicators
| WRNW.DE | NXT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -65.45% | +16.31% |
Max Drawdown (1Y)Largest decline over 1 year | -20.66% | -14.46% | -6.20% |
Max Drawdown (3Y)Largest decline over 3 years | -49.14% | -14.46% | -34.68% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.08% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.45% | — |
Current DrawdownCurrent decline from peak | -18.48% | 0.00% | -18.48% |
Average DrawdownAverage peak-to-trough decline | -20.62% | -20.49% | -0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.42% | 5.46% | +0.96% |
Volatility
WRNW.DE vs. NXT.L - Volatility Comparison
WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a higher volatility of 10.19% compared to Next plc (NXT.L) at 5.69%. This indicates that WRNW.DE's price experiences larger fluctuations and is considered to be riskier than NXT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WRNW.DE | NXT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.19% | 5.69% | +4.50% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 16.94% | +5.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.96% | 23.26% | +8.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.52% | 26.84% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.52% | 31.99% | -5.47% |
Dividends
WRNW.DE vs. NXT.L - Dividend Comparison
WRNW.DE has not paid dividends to shareholders, while NXT.L's dividend yield for the trailing twelve months is around 4.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXT.L Next plc | 4.25% | 1.79% | 2.27% | 2.54% | 6.08% | 1.35% | 0.00% | 2.39% | 5.14% | 4.15% | 4.37% | 4.43% |
WRNW.DE WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WRNW.DE and NXT.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for WRNW.DE and NXT.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer