XMLD.DE vs. RENW.DE
XMLD.DE (L&G Artificial Intelligence UCITS ETF) and RENW.DE (L&G Clean Energy UCITS ETF) are both exchange-traded funds - XMLD.DE is a Technology Equities fund tracking the ROBO Global Artificial Intelligence, while RENW.DE is a Energy Equities fund tracking the Solactive Clean Energy. Both are passively managed. Over the past 5 years, XMLD.DE returned 19.02%/yr vs 9.15%/yr for RENW.DE. A 0.64 correlation means they provide meaningful diversification when combined. Both charge a 0.49% expense ratio.
Performance
XMLD.DE vs. RENW.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with XMLD.DE having a 42.18% return and RENW.DE slightly higher at 43.00%.
XMLD.DE
- 1D
- -0.78%
- 1M
- 20.65%
- YTD
- 42.18%
- 6M
- 39.73%
- 1Y
- 73.37%
- 3Y*
- 33.99%
- 5Y*
- 19.02%
- 10Y*
- —
RENW.DE
- 1D
- -1.77%
- 1M
- 4.66%
- YTD
- 43.00%
- 6M
- 41.09%
- 1Y
- 80.00%
- 3Y*
- 15.60%
- 5Y*
- 9.15%
- 10Y*
- —
XMLD.DE vs. RENW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XMLD.DE L&G Artificial Intelligence UCITS ETF | 42.18% | 16.99% | 25.17% | 54.28% | -36.45% | 19.09% | 9.25% |
RENW.DE L&G Clean Energy UCITS ETF | 43.00% | 35.27% | -9.64% | -11.30% | -3.32% | 1.09% | 18.53% |
Correlation
The correlation between XMLD.DE and RENW.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020 | 0.64 |
The correlation between XMLD.DE and RENW.DE has been stable across timeframes, ranging from 0.61 to 0.64 - a consistent structural relationship.
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
XMLD.DE vs. RENW.DE — Risk / Return Rank
XMLD.DE
RENW.DE
XMLD.DE vs. RENW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (XMLD.DE) and L&G Clean Energy UCITS ETF (RENW.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.
| XMLD.DE | RENW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.56 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 9.22 | -4.60 |
| Martin ratioReturn relative to average drawdown | 12.52 | 34.50 | -21.98 |
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
| XMLD.DE | RENW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.76 | 3.49 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.41 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.49 | +0.33 |
Drawdowns
XMLD.DE vs. RENW.DE - Drawdown Comparison
The maximum XMLD.DE drawdown since its inception was -42.81%, roughly equal to the maximum RENW.DE drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for XMLD.DE and RENW.DE.
Loading charts...
Drawdown Indicators
| XMLD.DE | RENW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.81% | -43.93% | +1.12% |
Max Drawdown (1Y)Largest decline over 1 year | -15.80% | -8.63% | -7.17% |
Max Drawdown (3Y)Largest decline over 3 years | -33.67% | -35.00% | +1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -42.81% | -42.30% | -0.51% |
Current DrawdownCurrent decline from peak | -2.30% | -3.64% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -13.51% | -17.33% | +3.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.84% | 2.31% | +3.53% |
Volatility
XMLD.DE vs. RENW.DE - Volatility Comparison
L&G Artificial Intelligence UCITS ETF (XMLD.DE) has a higher volatility of 10.34% compared to L&G Clean Energy UCITS ETF (RENW.DE) at 8.24%. This indicates that XMLD.DE's price experiences larger fluctuations and is considered to be riskier than RENW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XMLD.DE | RENW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.34% | 8.24% | +2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 19.89% | 16.85% | +3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.47% | 22.80% | +3.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.22% | 22.02% | +5.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.52% | 22.48% | +6.04% |
XMLD.DE vs. RENW.DE - Expense Ratio Comparison
Both XMLD.DE and RENW.DE have an expense ratio of 0.49%.
Dividends
XMLD.DE vs. RENW.DE - Dividend Comparison
Neither XMLD.DE nor RENW.DE has paid dividends to shareholders.
Frequently Asked Questions
XMLD.DE and RENW.DE have a correlation of 0.63, 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 0.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XMLD.DE and RENW.DE have the same expense ratio: 0.49% per year.
XMLD.DE is categorized as Technology Equities, while RENW.DE is Energy Equities. XMLD.DE tracks ROBO Global Artificial Intelligence, while RENW.DE tracks Solactive Clean Energy.
Find the right allocation for XMLD.DE and RENW.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