CLMP.L vs. WRDA.L
CLMP.L (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and WRDA.L (UBS Core MSCI World UCITS ETF USD Acc) are both Global Equities funds - CLMP.L tracks the MSCI ACWI NR USD while WRDA.L tracks the MSCI World Index. Both are passively managed. Over the past year, CLMP.L returned 45.03% vs 27.48% for WRDA.L. A 0.67 correlation means they provide meaningful diversification when combined. CLMP.L charges 0.65%/yr vs 0.06%/yr for WRDA.L.
Performance
CLMP.L vs. WRDA.L - Performance Comparison
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Returns By Period
In the year-to-date period, CLMP.L achieves a 19.42% return, which is significantly higher than WRDA.L's 10.09% 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*
- —
WRDA.L
- 1D
- -0.19%
- 1M
- 5.30%
- YTD
- 10.09%
- 6M
- 10.62%
- 1Y
- 27.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CLMP.L vs. WRDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CLMP.L HANetf iClima Global Decarbonisation Enablers UCITS ETF | 19.42% | 17.77% | -5.74% |
WRDA.L UBS Core MSCI World UCITS ETF USD Acc | 10.09% | 12.77% | 20.02% |
Correlation
The correlation between CLMP.L and WRDA.L is 0.69, 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 | 0.69 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2024 | 0.67 |
The correlation between CLMP.L and WRDA.L has been stable across timeframes, ranging from 0.67 to 0.69 - a consistent structural relationship.
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Return for Risk
CLMP.L vs. WRDA.L — Risk / Return Rank
CLMP.L
WRDA.L
CLMP.L vs. WRDA.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 UBS Core MSCI World UCITS ETF USD Acc (WRDA.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 | WRDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.52 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 4.19 | -2.68 |
| Martin ratioReturn relative to average drawdown | 2.40 | 16.71 | -14.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CLMP.L | WRDA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 2.73 | -1.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 1.51 | -1.47 |
Drawdowns
CLMP.L vs. WRDA.L - Drawdown Comparison
The maximum CLMP.L drawdown since its inception was -48.75%, which is greater than WRDA.L's maximum drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for CLMP.L and WRDA.L.
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Drawdown Indicators
| CLMP.L | WRDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.75% | -18.38% | -30.37% |
Max Drawdown (1Y)Largest decline over 1 year | -29.66% | -6.53% | -23.13% |
Max Drawdown (3Y)Largest decline over 3 years | -40.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -48.75% | — | — |
Current DrawdownCurrent decline from peak | -13.51% | -0.19% | -13.32% |
Average DrawdownAverage peak-to-trough decline | -23.78% | -2.28% | -21.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.71% | 1.64% | +17.07% |
Volatility
CLMP.L vs. WRDA.L - Volatility Comparison
HANetf iClima Global Decarbonisation Enablers UCITS ETF (CLMP.L) has a higher volatility of 6.55% compared to UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) at 2.48%. This indicates that CLMP.L's price experiences larger fluctuations and is considered to be riskier than WRDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLMP.L | WRDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 2.48% | +4.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.14% | 7.16% | +5.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.48% | 10.07% | +36.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.89% | 12.35% | +22.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.13% | 12.35% | +21.78% |
CLMP.L vs. WRDA.L - Expense Ratio Comparison
CLMP.L has a 0.65% expense ratio, which is higher than WRDA.L's 0.06% expense ratio.
Dividends
CLMP.L vs. WRDA.L - Dividend Comparison
Neither CLMP.L nor WRDA.L has paid dividends to shareholders.
Frequently Asked Questions
CLMP.L and WRDA.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WRDA.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WRDA.L is cheaper with a 0.06% expense ratio, compared with 0.65% for CLMP.L.
CLMP.L tracks MSCI ACWI NR USD, while WRDA.L tracks MSCI World Index. They also come from different issuers: HANetf and UBS. Their fees differ too: 0.65% for CLMP.L and 0.06% for WRDA.L.
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