WRNW.DE vs. XLE
Compare and contrast key facts about WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) and Energy Select Sector SPDR Fund (XLE).
WRNW.DE and XLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WRNW.DE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Renewable Energy. It was launched on Jun 7, 2023. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998. Both WRNW.DE and XLE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WRNW.DE or XLE.
Correlation
The correlation between WRNW.DE and XLE is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WRNW.DE vs. XLE - Performance Comparison
Key characteristics
WRNW.DE:
-0.85
XLE:
0.57
WRNW.DE:
-1.15
XLE:
0.87
WRNW.DE:
0.87
XLE:
1.11
WRNW.DE:
-0.48
XLE:
0.73
WRNW.DE:
-1.65
XLE:
1.57
WRNW.DE:
10.87%
XLE:
6.63%
WRNW.DE:
21.49%
XLE:
18.18%
WRNW.DE:
-37.70%
XLE:
-71.54%
WRNW.DE:
-36.68%
XLE:
-7.69%
Returns By Period
In the year-to-date period, WRNW.DE achieves a -3.57% return, which is significantly lower than XLE's 3.95% return.
WRNW.DE
-3.57%
-1.49%
-6.29%
-17.94%
N/A
N/A
XLE
3.95%
-1.34%
1.15%
10.33%
15.32%
4.88%
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WRNW.DE vs. XLE - Expense Ratio Comparison
WRNW.DE has a 0.45% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
WRNW.DE vs. XLE — Risk-Adjusted Performance Rank
WRNW.DE
XLE
WRNW.DE vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) and Energy Select Sector SPDR Fund (XLE). 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.
Dividends
WRNW.DE vs. XLE - Dividend Comparison
WRNW.DE has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 3.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XLE Energy Select Sector SPDR Fund | 3.23% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% |
Drawdowns
WRNW.DE vs. XLE - Drawdown Comparison
The maximum WRNW.DE drawdown since its inception was -37.70%, smaller than the maximum XLE drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for WRNW.DE and XLE. For additional features, visit the drawdowns tool.
Volatility
WRNW.DE vs. XLE - Volatility Comparison
The current volatility for WisdomTree Renewable Energy UCITS ETF USD Unhedged Acc (WRNW.DE) is 5.54%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 6.29%. This indicates that WRNW.DE experiences smaller price fluctuations and is considered to be less risky than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.