CEBT.DE vs. METL

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Essential Metals Producers UCITS ETF USD Acc (CEBT.DE) and Sprott Active Metals & Miners ETF (METL).

CEBT.DE and METL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEBT.DE is a passively managed fund by iShares that tracks the performance of the S&P Global Essential Metals Producers Index. It was launched on Oct 18, 2023. METL is an actively managed fund by Sprott. It was launched on Sep 9, 2025.

Performance

CEBT.DE vs. METL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Essential Metals Producers UCITS ETF USD Acc (CEBT.DE) and Sprott Active Metals & Miners ETF (METL). The values are adjusted to include any dividend payments, if applicable.

CEBT.DE vs. METL - Yearly Performance Comparison

	2026 (YTD)	2025
CEBT.DE iShares Essential Metals Producers UCITS ETF USD Acc	12.25%	42.49%
METL Sprott Active Metals & Miners ETF	10.52%	26.55%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, CEBT.DE achieves a 12.25% return, which is significantly higher than METL's 10.52% return.

CEBT.DE

• 1D: 5.08%
• 1M: -11.46%
• YTD: 12.25%
• 6M: 40.02%
• 1Y: 97.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

METL

• 1D: 2.19%
• 1M: -13.86%
• YTD: 10.52%
• 6M: 26.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CEBT.DE vs. METL - Expense Ratio Comparison

CEBT.DE has a 0.55% expense ratio, which is lower than METL's 0.89% expense ratio.

METL

Sprott Active Metals & Miners ETF

CEBT.DE

iShares Essential Metals Producers UCITS ETF USD Acc

Return for Risk

CEBT.DE vs. METL — Risk / Return Rank

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

CEBT.DE

CEBT.DE Risk / Return Rank: 95
CEBT.DE Sharpe Ratio Rank: 97
CEBT.DE Sortino Ratio Rank: 95
CEBT.DE Omega Ratio Rank: 93
CEBT.DE Calmar Ratio Rank: 95
CEBT.DE Martin Ratio Rank: 95

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.

CEBT.DE vs. METL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Essential Metals Producers UCITS ETF USD Acc (CEBT.DE) and Sprott Active Metals & Miners ETF (METL). 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.

	CEBT.DE	METL	Difference
Sharpe ratio Return per unit of total volatility	2.81	—	—
Sortino ratio Return per unit of downside risk	3.13	—	—
Omega ratio Gain probability vs. loss probability	1.45	—	—
Calmar ratio Return relative to maximum drawdown	4.32	—	—
Martin ratio Return relative to average drawdown	17.55	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CEBT.DE	METL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	1.92	-0.83

Correlation

The correlation between CEBT.DE and METL is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CEBT.DE vs. METL - Dividend Comparison

CEBT.DE has not paid dividends to shareholders, while METL's dividend yield for the trailing twelve months is around 0.91%.

	TTM	2025
CEBT.DE iShares Essential Metals Producers UCITS ETF USD Acc	0.00%	0.00%
METL Sprott Active Metals & Miners ETF	0.91%	0.99%

Drawdowns

CEBT.DE vs. METL - Drawdown Comparison

The maximum CEBT.DE drawdown since its inception was -39.60%, which is greater than METL's maximum drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for CEBT.DE and METL.

Drawdown Indicators

	CEBT.DE	METL	Difference
Max Drawdown Largest peak-to-trough decline	-39.60%	-27.39%	-12.21%
Max Drawdown (1Y) Largest decline over 1 year	-23.07%	—	—
Current Drawdown Current decline from peak	-12.57%	-17.47%	+4.90%
Average Drawdown Average peak-to-trough decline	-11.56%	-6.83%	-4.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.67%	—	—

Volatility

Volatility by Period

	CEBT.DE	METL	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	34.49%	43.42%	-8.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.45%	43.42%	-13.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.45%	43.42%	-13.97%