CLMP.L vs. WMVG.L

Last updated Jun 4, 2026

CLMP.L (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and WMVG.L (iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)) are both Global Equities funds - CLMP.L tracks the MSCI ACWI NR USD while WMVG.L tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, CLMP.L returned 0.10%/yr vs 6.15%/yr for WMVG.L. At a 0.46 correlation, their price movements are largely independent. CLMP.L charges 0.65%/yr vs 0.35%/yr for WMVG.L.

Performance

CLMP.L vs. WMVG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HANetf iClima Global Decarbonisation Enablers UCITS ETF (CLMP.L) and iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CLMP.L is traded in GBp, while WMVG.L is traded in GBP. To make them comparable, the WMVG.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CLMP.L achieves a 19.42% return, which is significantly higher than WMVG.L's 1.22% return.

CLMP.L

• 1D: 0.93%
• 1M: 8.64%
• YTD: 19.42%
• 6M: 18.50%
• 1Y: 45.03%
• 3Y*: 5.01%
• 5Y*: 0.10%
• 10Y*: —

WMVG.L

• 1D: 0.06%
• 1M: 0.30%
• YTD: 1.22%
• 6M: 1.94%
• 1Y: 2.85%
• 3Y*: 9.88%
• 5Y*: 6.15%
• 10Y*: —

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

CLMP.L vs. WMVG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CLMP.L HANetf iClima Global Decarbonisation Enablers UCITS ETF	19.42%	17.77%	-15.12%	-1.33%	-19.28%	6.67%	6.79%
WMVG.L iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc)	1.22%	9.08%	14.49%	7.33%	-8.31%	16.96%	0.33%

Correlation

The correlation between CLMP.L and WMVG.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020	0.46

Over the past year, the correlation between CLMP.L and WMVG.L has dropped to 0.17 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

CLMP.L vs. WMVG.L - Sectors Allocation Comparison

Sectors	CLMP.L	WMVG.L
Industrials	48.3%	9.2%
Technology	27.9%	20.1%
Utilities	15.5%	8.0%
Basic Materials	5.4%	1.1%
Consumer Cyclical	2.8%	5.6%
Communication Services	-	12.1%
Consumer Defensive	-	10.9%
Energy	-	4.5%
Financial Services	-	14.0%
Healthcare	-	13.8%
Real Estate	-	0.7%

Return for Risk

CLMP.L vs. WMVG.L — Risk / Return Rank

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

CLMP.L

CLMP.L Risk / Return Rank: 37
CLMP.L Sharpe Ratio Rank: 28
CLMP.L Sortino Ratio Rank: 34
CLMP.L Omega Ratio Rank: 70
CLMP.L Calmar Ratio Rank: 31
CLMP.L Martin Ratio Rank: 21

WMVG.L

WMVG.L Risk / Return Rank: 15
WMVG.L Sharpe Ratio Rank: 15
WMVG.L Sortino Ratio Rank: 14
WMVG.L Omega Ratio Rank: 13
WMVG.L Calmar Ratio Rank: 16
WMVG.L Martin Ratio Rank: 16

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.

CLMP.L vs. WMVG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf iClima Global Decarbonisation Enablers UCITS ETF (CLMP.L) and iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.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.

	CLMP.L	WMVG.L	Difference
Sharpe ratio: Return per unit of total volatility	0.96	0.39	+0.57
Sortino ratio: Return per unit of downside risk	1.75	0.59	+1.16
Omega ratio: Gain probability vs. loss probability	1.41	1.07	+0.34
Calmar ratio: Return relative to maximum drawdown	1.51	0.57	+0.94
Martin ratio: Return relative to average drawdown	2.40	1.42	+0.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLMP.L vs. WMVG.L - Sharpe Ratio Comparison

The current CLMP.L Sharpe Ratio is 0.96, which is higher than the WMVG.L Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of CLMP.L and WMVG.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

	CLMP.L	WMVG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	0.39	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	0.62	-0.62
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.55	-0.51

Drawdowns

CLMP.L vs. WMVG.L - Drawdown Comparison

The maximum CLMP.L drawdown since its inception was -48.75%, which is greater than WMVG.L's maximum drawdown of -28.25%. Use the drawdown chart below to compare losses from any high point for CLMP.L and WMVG.L.

Drawdown Indicators

	CLMP.L	WMVG.L	Difference
Max Drawdown Largest peak-to-trough decline	-48.75%	-28.25%	-20.50%
Max Drawdown (1Y) Largest decline over 1 year	-29.66%	-4.99%	-24.67%
Max Drawdown (3Y) Largest decline over 3 years	-40.47%	-9.09%	-31.38%
Max Drawdown (5Y) Largest decline over 5 years	-48.75%	-15.18%	-33.57%
Current Drawdown Current decline from peak	-13.51%	-3.30%	-10.21%
Average Drawdown Average peak-to-trough decline	-23.78%	-4.12%	-19.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.71%	2.00%	+16.71%

Volatility

CLMP.L vs. WMVG.L - Volatility Comparison

HANetf iClima Global Decarbonisation Enablers UCITS ETF (CLMP.L) has a higher volatility of 6.55% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF GBP Hedged (Acc) (WMVG.L) at 2.29%. This indicates that CLMP.L's price experiences larger fluctuations and is considered to be riskier than WMVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLMP.L	WMVG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.55%	2.29%	+4.26%
Volatility (6M) Calculated over the trailing 6-month period	13.14%	5.05%	+8.09%
Volatility (1Y) Calculated over the trailing 1-year period	46.48%	7.21%	+39.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.89%	9.95%	+24.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.13%	12.14%	+21.99%

CLMP.L vs. WMVG.L - Expense Ratio Comparison

CLMP.L has a 0.65% expense ratio, which is higher than WMVG.L's 0.35% expense ratio.

Dividends

CLMP.L vs. WMVG.L - Dividend Comparison

Neither CLMP.L nor WMVG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CLMP.L and WMVG.L in my portfolio?

CLMP.L and WMVG.L have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLMP.L or WMVG.L?

On fees, WMVG.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLMP.L or WMVG.L?

WMVG.L is cheaper with a 0.35% expense ratio, compared with 0.65% for CLMP.L.

What is the main difference between CLMP.L and WMVG.L?

CLMP.L tracks MSCI ACWI NR USD, while WMVG.L tracks MSCI World Minimum Volatility. They also come from different issuers: HANetf and iShares. Their fees differ too: 0.65% for CLMP.L and 0.35% for WMVG.L.