WRNW.DE vs. WDEE.DE
WRNW.DE (WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc) and WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) are both Energy Equities funds - WRNW.DE tracks the WisdomTree Renewable Energy while WDEE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. Both are passively managed. Over the past year, WRNW.DE returned 107.60% vs 39.15% for WDEE.DE. At a 0.17 correlation, their price movements are largely independent. WRNW.DE charges 0.45%/yr vs 0.18%/yr for WDEE.DE.
Performance
WRNW.DE vs. WDEE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WRNW.DE achieves a 30.17% return, which is significantly lower than WDEE.DE's 33.31% return.
WRNW.DE
- 1D
- -2.37%
- 1M
- 3.73%
- YTD
- 30.17%
- 6M
- 29.38%
- 1Y
- 107.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WDEE.DE
- 1D
- 2.19%
- 1M
- 3.35%
- YTD
- 33.31%
- 6M
- 28.18%
- 1Y
- 39.15%
- 3Y*
- 16.13%
- 5Y*
- —
- 10Y*
- —
WRNW.DE vs. WDEE.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% |
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc | 33.31% | -2.96% | 9.29% | 10.27% |
Correlation
The correlation between WRNW.DE and WDEE.DE is -0.08, 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 | -0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023 | 0.17 |
The correlation between WRNW.DE and WDEE.DE shifts across timeframes, from -0.08 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
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. WDEE.DE — Risk / Return Rank
WRNW.DE
WDEE.DE
WRNW.DE vs. WDEE.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 Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.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 | WDEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.79 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.31 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 7.07 | 2.94 | +4.13 |
| Martin ratioReturn relative to average drawdown | 23.97 | 9.51 | +14.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WRNW.DE | WDEE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.54 | 1.75 | +1.79 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.69 | -0.33 |
Drawdowns
WRNW.DE vs. WDEE.DE - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -49.14%, which is greater than WDEE.DE's maximum drawdown of -23.77%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and WDEE.DE.
Loading charts...
Drawdown Indicators
| WRNW.DE | WDEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.14% | -23.77% | -25.37% |
Max Drawdown (1Y)Largest decline over 1 year | -15.04% | -12.42% | -2.62% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.77% | — |
Current DrawdownCurrent decline from peak | -4.04% | -4.37% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -20.88% | -7.19% | -13.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 3.85% | +0.59% |
Volatility
WRNW.DE vs. WDEE.DE - Volatility Comparison
WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) has a higher volatility of 10.28% compared to Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) at 7.54%. This indicates that WRNW.DE's price experiences larger fluctuations and is considered to be riskier than WDEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WRNW.DE | WDEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.28% | 7.54% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 17.53% | +1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 20.89% | +9.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.02% | 19.94% | +6.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.02% | 19.94% | +6.08% |
WRNW.DE vs. WDEE.DE - Expense Ratio Comparison
WRNW.DE has a 0.45% expense ratio, which is higher than WDEE.DE's 0.18% expense ratio.
Dividends
WRNW.DE vs. WDEE.DE - Dividend Comparison
Neither WRNW.DE nor WDEE.DE has paid dividends to shareholders.
Frequently Asked Questions
WRNW.DE and WDEE.DE have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDEE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDEE.DE is cheaper with a 0.18% expense ratio, compared with 0.45% for WRNW.DE.
WRNW.DE tracks WisdomTree Renewable Energy, while WDEE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.45% for WRNW.DE and 0.18% for WDEE.DE.
Find the right allocation for WRNW.DE and WDEE.DE
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