ACLT.DE vs. ALUM.L

Last updated Jun 5, 2026

ACLT.DE (AXA IM ACT Climate Equity UCITS ETF USD Acc) and ALUM.L (WisdomTree Aluminium) are both exchange-traded funds - ACLT.DE is a Global Equities fund tracking the AXA IM ACT Climate Equity, while ALUM.L is a Metals fund tracking the Bloomberg Aluminum. Both are passively managed. Over the past 3 years, ACLT.DE returned 16.81%/yr vs 14.28%/yr for ALUM.L. At a 0.21 correlation, their price movements are largely independent. ACLT.DE charges 0.70%/yr vs 0.49%/yr for ALUM.L.

Performance

ACLT.DE vs. ALUM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in AXA IM ACT Climate Equity UCITS ETF USD Acc (ACLT.DE) and WisdomTree Aluminium (ALUM.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ACLT.DE is traded in EUR, while ALUM.L is traded in USD. To make them comparable, the ALUM.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ACLT.DE achieves a 18.77% return, which is significantly lower than ALUM.L's 27.28% return.

ACLT.DE

• 1D: 0.00%
• 1M: 8.08%
• YTD: 18.77%
• 6M: 19.73%
• 1Y: 31.52%
• 3Y*: 16.81%
• 5Y*: —
• 10Y*: —

ALUM.L

• 1D: -1.07%
• 1M: 3.42%
• YTD: 27.28%
• 6M: 29.42%
• 1Y: 49.46%
• 3Y*: 14.28%
• 5Y*: 8.39%
• 10Y*: 6.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACLT.DE vs. ALUM.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ACLT.DE AXA IM ACT Climate Equity UCITS ETF USD Acc	18.77%	8.42%	19.92%	14.36%	10.19%
ALUM.L WisdomTree Aluminium	27.28%	3.98%	11.53%	-7.34%	-0.22%

Correlation

The correlation between ACLT.DE and ALUM.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022	0.21

Return for Risk

ACLT.DE vs. ALUM.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACLT.DE

ACLT.DE Risk / Return Rank: 60
ACLT.DE Sharpe Ratio Rank: 54
ACLT.DE Sortino Ratio Rank: 55
ACLT.DE Omega Ratio Rank: 70
ACLT.DE Calmar Ratio Rank: 59
ACLT.DE Martin Ratio Rank: 62

ALUM.L

ALUM.L Risk / Return Rank: 87
ALUM.L Sharpe Ratio Rank: 87
ALUM.L Sortino Ratio Rank: 87
ALUM.L Omega Ratio Rank: 82
ALUM.L Calmar Ratio Rank: 91
ALUM.L Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACLT.DE vs. ALUM.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXA IM ACT Climate Equity UCITS ETF USD Acc (ACLT.DE) and WisdomTree Aluminium (ALUM.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.

	ACLT.DE	ALUM.L	Difference
Sharpe ratio: Return per unit of total volatility	1.80	2.63	-0.83
Sortino ratio: Return per unit of downside risk	2.60	3.65	-1.05
Omega ratio: Gain probability vs. loss probability	1.41	1.44	-0.03
Calmar ratio: Return relative to maximum drawdown	2.88	5.10	-2.23
Martin ratio: Return relative to average drawdown	10.96	19.41	-8.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ACLT.DE vs. ALUM.L - Sharpe Ratio Comparison

The current ACLT.DE Sharpe Ratio is 1.80, which is lower than the ALUM.L Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of ACLT.DE and ALUM.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ACLT.DE	ALUM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	2.63	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.18	-0.07	+1.25

Drawdowns

ACLT.DE vs. ALUM.L - Drawdown Comparison

The maximum ACLT.DE drawdown since its inception was -20.54%, smaller than the maximum ALUM.L drawdown of -67.92%. Use the drawdown chart below to compare losses from any high point for ACLT.DE and ALUM.L.

Drawdown Indicators

	ACLT.DE	ALUM.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.54%	-67.92%	+47.38%
Max Drawdown (1Y) Largest decline over 1 year	-11.07%	-9.65%	-1.42%
Max Drawdown (3Y) Largest decline over 3 years	-20.54%	-21.10%	+0.56%
Max Drawdown (5Y) Largest decline over 5 years	—	-46.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.61%	—
Current Drawdown Current decline from peak	0.00%	-32.24%	+32.24%
Average Drawdown Average peak-to-trough decline	-3.17%	-49.32%	+46.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.54%	+0.37%

Volatility

ACLT.DE vs. ALUM.L - Volatility Comparison

The current volatility for AXA IM ACT Climate Equity UCITS ETF USD Acc (ACLT.DE) is 4.52%, while WisdomTree Aluminium (ALUM.L) has a volatility of 6.18%. This indicates that ACLT.DE experiences smaller price fluctuations and is considered to be less risky than ALUM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACLT.DE	ALUM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	6.18%	-1.66%
Volatility (6M) Calculated over the trailing 6-month period	15.32%	16.18%	-0.86%
Volatility (1Y) Calculated over the trailing 1-year period	17.73%	18.73%	-1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.77%	22.57%	-5.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.77%	20.04%	-3.27%

ACLT.DE vs. ALUM.L - Expense Ratio Comparison

ACLT.DE has a 0.70% expense ratio, which is higher than ALUM.L's 0.49% expense ratio.

Dividends

ACLT.DE vs. ALUM.L - Dividend Comparison

Neither ACLT.DE nor ALUM.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ACLT.DE and ALUM.L in my portfolio?

ACLT.DE and ALUM.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ACLT.DE or ALUM.L?

On fees, ALUM.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ACLT.DE or ALUM.L?

ALUM.L is cheaper with a 0.49% expense ratio, compared with 0.70% for ACLT.DE.

What is the main difference between ACLT.DE and ALUM.L?

ACLT.DE is categorized as Global Equities, while ALUM.L is Metals. ACLT.DE tracks AXA IM ACT Climate Equity, while ALUM.L tracks Bloomberg Aluminum. They also come from different issuers: AXA IM and WisdomTree. Their fees differ too: 0.70% for ACLT.DE and 0.49% for ALUM.L.